Workhuman Acknowledged as a Key HR Software Provider by APPS RUN THE WORLD in the HCM Top 500 Market Report

19 Beckett Way Park West Business Park

Dublin, x, D12 H993, Ireland

353 1 566 2020

https://www.workhuman.com/

18 Workhuman

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 Key Cloud and HCM Applications

Workhuman Cloud

Workhuman HCM and Cloud HCM Applications Revenues, $M:

Type/Year20222023YoY 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:

TypeLicenseServicesHardwareS&MSaaSPaaSIaaSOtherTotal
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

Workhuman Total and HCM Applications Revenues by Region:

Region% of Total Revenues2023 Total Revenues, $M2023 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

RegionDirect SalesIndirect SalesTotal
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/About Us
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https://www.appsruntheworld.com/FAQ



Buyer Intent: Companies Reading this Research Report
ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively reading this research report. Gain ongoing access to real-time prospects and uncover hidden opportunities. Companies Actively accessing this research report include:
  1. SAP, a Germany based Professional Services organization with 109000 Employees
LogoCompanyIndustryEmployeesRevenueCountryEvaluated
SAPProfessional Services109000$34.8BGermany2024-10-30