Works Applications Co.,Ltd. Strengths, Domain Expertise, and Key Differentiators
Works Applications, or WAP, is one of the largest ERP application vendors in Japan. Its flagship product COMPANY, an ERP package that serves as the system of record by Japanese companies locally as well as Japanese multinationals that operate in different countries.
Works Applications Co.,Ltd. Recent Developments
In February 2018, Works Applications unveiled the purchase of “AI WORKS Expense” by Monex Group, as its expense reimbursement system. Monex Group has utilized its former products “COMPANY” series for years and decided to implement the “AI WORKS Expense” expecting the upgrade to “AI WORKS” Suite.
Works Applications Co.,Ltd. Mergers and acquisitions (M&A) Activities
Works Applications Co.,Ltd. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Works Applications Co.,Ltd. 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 Works Applications Co.,Ltd. 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 COMPANY on Cloud Managed Service (CCMS), customers.
Works Applications Co.,Ltd. Overview
Ownership: - x
Number of Employees: 4000
Key Verticals: Aerospace and Defense, 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,
Works Applications Co.,Ltd. Key Cloud and HCM Applications
COMPANY on Cloud Managed Service (CCMS),
Works Applications Co.,Ltd. HCM and Cloud HCM Applications Revenues, $M:
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|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.
Works Applications Co.,Ltd. Revenue Breakdown by Type:
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Works Applications Co.,Ltd. HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2019 HCM Revenues, By Sub-Functional Markets, $M
Works Applications Co.,Ltd. HCM Applications Revenues By Verticals, $M:
Works Applications Co.,Ltd. Total and HCM Applications Revenues by Region:
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Works Applications Co.,Ltd. Direct vs Indirect sales
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Works Applications Co.,Ltd. Customers - Breakdown by Geo, Size, Vertical and Product
No. of Works Applications Co.,Ltd. Customers: 7000
No. of Works Applications Co.,Ltd. HCM Applications Customers: x
No. of Works Applications Co.,Ltd. Cloud HCM Customers: x
No. of Works Applications Co.,Ltd. Cloud HCM Subscribers: x
Works Applications has established a significant presence among big Japanese companies. Recent HCM wins included Senshuki, Sodick Corp., and Tottori Prefecture. Its base of over 7,000 customers includes some of the biggest companies in Japan. Other customer references included Bank of Fukuoka, Kanagawa Prefecture, JTEKT of Toyota Group, Kyocera Asia Pacific, Sapporo Holdings., and Toyota Administra.
Works Applications Co.,Ltd. Market Opportunities, M&A and Geo Expansions
In June 2019 Bain Capital is considering providing roughly 100 billion yen ($930 million) in assistance to embattled Japanese software developer Works Applications.
Works have been squeezed in recent years by growing development costs and a series of lawsuits. The company wanted to would spin off the department in charge of human resources and payroll management platforms, which are used by over 1,000 major corporations but Bain is expected to take full ownership of the new company in exchange for its assistance.
About 2,000 of Works' 5,000 employees would move to the new entity under the plan.
Works provide software for managing human resources and accounting, in addition to other products designed specifically for Japan's business practices. Its platforms, like Hue and Company, are used by 1,300 mostly large companies. Global expansion is expected to top Works Applications' agenda for the next few years as the vendor aims to build out its presence in the Asia Pacific and North America.
In October 2016, the company made a big splash at the HR Technology Conference in Chicago to showcase its AI Works to the North American audience. In March 2016 Works unveiled AI Works in China, a key growth market.
The goal was to use China as a template to help Works popularize the idea of leveraging a versatile ERP system to store, transfer and replicate domain expertise, business processes as well as industry-specific knowledge from headquarters to local operations. Works also have offices in Singapore, Shanghai, and India.
Works Applications Co.,Ltd. Risks and Challenges
With only a handful of customers in the United States, boosting the number of go-live customers in strategic markets like the US will be critical to its long-term success, while demonstrating the scalability and usability of its products for a wide audience.
Branding remains a challenge for Works Applications as it is little known among companies outside the Japanese business community. However, the vendor has made a series of strategic moves to bolster sales and marketing activities, while articulating its vision for US-based companies.
Works Applications Co.,Ltd. Ecosystem, Partners, Resellers and SI
Works primarily sell direct. Its partners and affiliates include AWS for hosting, IBM for PureSystems, Nihon Unisys for systems integration, Oracle for Exadata integration.
Other partners and affiliates include Ariel Networks Incorporated, AIM Consulting, Legend Applications, Legend Applications China Holding, Connecty, Sekisui Business Associates Co., BOLD, and Fads Corporation.
Works Applications Co.,Ltd. Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Works Applications Co.,Ltd. Public Cloud and Infrastructure (IaaS)
- Works Applications Co.,Ltd. Platform (PaaS)
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- Works Applications Co.,Ltd. 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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