Workhuman Strengths, Domain Expertise, and Key Differentiators
Workhuman is a provider of integrated social recognition and continuous performance management platforms, offering a unique human-centered approach. Its Workhuman Cloud suite empowers organizations to connect culture to shared purpose, resulting in motivated and engaged employees. The company's key differentiators include its crowd-sourced, transparent, and social approach, setting it apart from traditional HR software solutions.
Workhuman Recent Developments
Workhuman's AI-driven bias detection tool, Inclusion Advisor, is making waves as it reaches a milestone of 3 million users across the globe. Notably, this tool has been adopted by prominent global enterprises such as Merck, LinkedIn, and Cisco, who have integrated it into their employee recognition programs to provide continuous coaching and drive tangible changes in attitudes over time.
With a simple click, employees can employ Inclusion Advisor to review messages they compose within Workhuman's employee recognition platform. This innovative tool, which was developed by Workhuman's technology and engineering teams in Dublin, has been refined over four years, tapping into the collective expertise of Workhuman's iQ team. Workhuman's research highlights a sobering reality in the modern workplace: implicit bias permeates 20-30% of all written communications, even in environments that strive for positivity and inclusivity. Inclusion Advisor's capabilities extend beyond simple detection – it can identify and flag a remarkable 18 different forms of bias. Over the past nine months, it has flagged a staggering 69,000 instances of bias in a total of 40,000 recognition messages.
In April 2021, Workhuman unveiled Community Celebrations, a new addition to its Workhuman Cloud suite. This platform fosters social connections among employees, recognizing shared interests, events, and milestones, both in and out of the workplace. This development aligns with the company's mission to unlock the passion and potential of every individual in the workforce. Workhuman has been consistently growing, with revenues exceeding €620 million in 2019 and double-digit growth in 2020. With a goal to achieve a billion-dollar turnover within the next few years, the company's financial future looks promising.
Workhuman Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Workhuman 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 Workhuman 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 Workhuman Cloud customers.
Workhuman Overview
Ownership: - x
Number of Employees: 1170
Functional Market: Performance Management,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, 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, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Workhuman Key Cloud and HCM Applications
Workhuman Cloud
Workhuman HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| 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.
Workhuman Revenue Breakdown by Type:
Workhuman HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
Workhuman HCM Applications Revenues By Verticals, $M:
Workhuman Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Workhuman Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Workhuman Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Workhuman Customers
No. of Workhuman Customers: 370
No. of Workhuman HCM Applications Customers: 370
No. of Workhuman Cloud HCM Customers: 370
No. of Workhuman Cloud HCM Subscribers: 7 million
Workhuman's impact is reflected in its impressive client list, which includes more than 370 organizations, including global giants like LinkedIn, Cisco, and JetBlue Airways Corporation. It's worth noting that Workhuman counts over 25 customers with 50,000+ employees. These reference customer wins highlight the effectiveness of their solutions.
Workhuman Market Opportunities, M&A and Geo Expansions
The market opportunities for Workhuman are substantial, both horizontally and vertically. Horizontal growth can be achieved by expanding the adoption of their human-centered applications across various industries. Vertical opportunities lie in the potential for deeper integration with HRIS platforms and expanding their offerings to cater to more specific industry needs. Additionally, Workhuman is focused on expanding into new regions, such as its plan to double its Irish workforce to 800 by 2023.
Workhuman Risks and Challenges
While Workhuman's growth is impressive, it also faces risks. Relying on a small number of major accounts can create vulnerabilities. The company needs to expand its customer base to mitigate this risk effectively.
Workhuman Ecosystem, Partners, Resellers and SI
Workhuman has fostered a robust ecosystem through technology integrations and partnerships. It offers pre-packaged integrations with leading HRIS platforms, ensuring data consistency across critical systems. Additionally, its network effects, system integrators, and value-added resellers enhance its ecosystem, creating a positive feedback loop that benefits both the company and its clients.
Workhuman Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- Workhuman Public Cloud and Infrastructure (IaaS)
- Workhuman Platform (PaaS)
- Workhuman Application Delivery
- Workhuman Private Cloud and Data Centers
Research Methodology
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).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ
