Workforce Logiq Strengths, Domain Expertise, and Key Differentiators
The company helps clients attain greater management, performance and financial control over their talent supply chains. Powered by more than 1,000 workforce management experts, the company currently manages 15,000 global supplier relationships and USD $3 billion in spend globally. Formerly operating as ZeroChaos, the company rebranded to Workforce Logiq in January 2019.
In September 2019, Upwork the largest freelancing website, has entered into an exclusive partnership to integrate its freelance talent network with Workforce Logiq. The new partnership makes it easy for Workforce Logiq clients to discover, source, and deploy freelance talent through its Managed Service Provider (MSP) program, while providing Upwork’s talent community access to many of the most prestigious companies and sought-after work opportunities on the market.
Workforce Logiq Recent Developments
In June 2020, Workforce Logiq filed for three additional patents on predictive AI models, creating its IQ Location OptimizerSM solution. Employers can use the actionable insights to make data-driven decisions on where to source talent and whether or not a remote work arrangement makes sense for the role. The technology speeds the hiring process and expands the available talent pool at the lowest possible cost. The IQ Location Optimizer leverages the three new AI-powered algorithms to help employers understand how location decisions impact talent quality and costs before they make an offer.
In January 2019, Workforce Logiq has filed for two new patents on market rate benchmarking analytics for Staff Augmentation and Statement of Work (SOW) hiring workflows. Both automated tools are available through Workforce Logiq’s Vendor Management System (VMS) and leverage a proprietary algorithm that combines Workforce Logiq proprietary and third-party data sources to calculate and benchmark actual versus market compensation rates. The innovation enables hiring managers to better manage and control costs associated with winning high-quality talent.
Workforce Logiq Mergers and acquisitions (M&A) Activities
In October 2019, Workforce Logiq acquired predictive analytics and AI software company ENGAGE Talent. The acquisition will equip Workforce Logiq customers with proprietary benchmarks and real-time intelligence to find, engage, hire, and retain the top candidates in the market faster and more affordably than ever before.
Workforce Logiq Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Workforce Logiq applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Workforce Logiq and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Workforce Logiq VMS, Workforce Logiq MSP, Workforce Logiq RPO, Workforce Logiq ENGAGE Talent customers.
Workforce Logiq Overview
Ownership: - x
Number of Employees: 1000
Key Verticals: Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith Based Nonprofit, Youth and Elderly Care Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
Workforce Logiq Key Cloud and HCM Applications
Workforce Logiq VMS, Workforce Logiq MSP, Workforce Logiq RPO, Workforce Logiq ENGAGE Talent
Workforce Logiq HCM and Cloud HCM Applications Revenues, $M:
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|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Workforce Logiq Revenue Breakdown by Type:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Workforce Logiq HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2019 HCM Revenues, By Sub-Functional Markets, $M
Workforce Logiq HCM Applications Revenues By Verticals, $M:
Workforce Logiq Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 HCM Applications Revenues, $M|
Workforce Logiq Direct vs Indirect sales
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Workforce Logiq Customers - Breakdown by Geo, Size, Vertical and Product
No. of Workforce Logiq Customers: 8000
No. of Workforce Logiq HCM Applications Customers: x
No. of Workforce Logiq Cloud HCM Customers: x
No. of Workforce Logiq Cloud HCM Subscribers: x
From May 2019, Workforce Logiq acts as a consulting broker for Stockholm Exergi formerly Fortum Värme. This means that Stockholm Exergi uses Workforce Logiq's processes and methods for better insight, transparency and control in the management of external resources. The consulting services that Stockholm Exergi mainly buys are technical, management and IT consultants.
Workforce Logiq Market Opportunities, M&A and Geo Expansions
In August 2020, Workforce Logiq has hired Geoffrey (Geoff) Dubiski as its Executive Vice President, Global Solutions. Dubiski, who joins the company’s executive team, brings 25 years of operational industry experience and advisory expertise in global talent acquisition and contingent worker management.
In June 2019, Workforce Logiq has signed an agreement with Svenska Kraftnät to manage the agency’s purchasing of consulting services. Workforce Logiq will act as Svenska Kraftnät’s operational purchasing function for consulting assignments in areas such as IT, professional services, finance, HR, communications, and technology.
In July 2019, Workforce Logiq hired Andrea Sugden as its Chief Global Sales Officer. Sugden, who joins the company’s executive team, brings over 20 years of industry experience and expertise having led sales, account management, and supplier management teams supporting both U.S. and global client relationships. Most recently, Andrea was Executive Vice President, U.S. Sales and National Accounts, for Adecco Staffing, a global recruitment and workforce solutions provider. Andrea’s staffing industry leadership has been recognized by a multitude of awards for sales growth and client retention.
Workforce Logiq Risks and Challenges
In January 2019, ZeroChaos has rebranded to Workforce Logiq, marking the company’s new mission to deliver the expertise, innovation and insight to reimagine and transform how organizations win the talent they need to grow.
Workforce Logiq Ecosystem, Partners, Resellers and SI
With customers in 50 countries, Workforce Logiq provides expert guidance, real-time analytics and patented and patent-pending, award-winning technologies, including Managed Service Provider (MSP), Vendor Management System (VMS) and Recruitment Process Outsourcing (RPO) solutions. Workforce Logiq is headquartered in Orlando, Florida; its European headquarters is in Stockholm, Sweden.
Workforce Logiq Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Workforce Logiq Public Cloud and Infrastructure (IaaS)
- Workforce Logiq Platform (PaaS)
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- Workforce Logiq Private Cloud and Data Centers
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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