XCD HR Limited Strengths, Domain Expertise, and Key Differentiators
The company specializes in providing cloud-based HR and Payroll software designed for organizations with over 250 employees. XCD's software centralizes data and processes, offering HR and Payroll professionals a streamlined and efficient solution.
With a range of Salesforce-powered services, XCD leverages the power of automation, data management, and analytics tools provided by Salesforce. This integration empowers customers to derive actionable insights from their people data, enabling data-driven decision-making.
XCD HR Limited Recent Developments
XCD has experienced significant growth since its incorporation in 2010. In December 2020, the company received a £2 million investment from BGF to support its organic and acquisitive growth strategy. This investment highlights the market's confidence in XCD's potential. Furthermore, in 2021, XCD acquired Hireserve, a UK-based recruitment software company, expanding its product portfolio and strengthening its position in the market.
XCD HR Limited Mergers and acquisitions (M&A) Activities
The investment from BGF in 2020 and the subsequent acquisition of Hireserve in 2021 demonstrate XCD's commitment to growth and its strategic approach to expanding its offerings. These activities indicate that XCD is actively seeking opportunities to enhance its capabilities and provide comprehensive solutions to its customers.
XCD HR Limited Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying XCD HR Limited 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 XCD HR Limited 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 XCD HR cloud, XCD Lite cloud HR, XCD Professional, customers.
XCD HR Limited Overview
Ownership: - BGF
Number of Employees: 100
Functional Market: Absence and Leave Management, Workforce Analytics, Time and Attendance, Core HR, Payroll, Benefits Administration, Onboarding, Recruiting, Performance Management, Learning and Development, Succession Planning, Compensation,
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,
XCD HR Limited Key Cloud and HCM Applications
XCD HR cloud, XCD Lite cloud HR, XCD Professional,
XCD HR Limited 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.
XCD HR Limited Revenue Breakdown by Type:
XCD HR Limited 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 | |
XCD HR Limited HCM Applications Revenues By Verticals, $M:
XCD HR Limited 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 |
XCD HR Limited Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
XCD HR Limited Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified XCD HR Limited Customers
No. of XCD HR Limited Customers: x
No. of XCD HR Limited HCM Applications Customers: x
No. of XCD HR Limited Cloud HCM Customers: x
No. of XCD HR Limited Cloud HCM Subscribers: 30000
XCD boasts an impressive customer base, with over 30,000 users across 35 countries benefiting from its services. Notable customers include Kaplan, Pearson, Microsoft, Arizona State University, The Culinary Institute of America, Elsevier, and many more. This diverse customer base showcases XCD's ability to cater to organizations across various industries and regions.
XCD HR Limited Market Opportunities, M&A and Geo Expansions
XCD HR Limited has secured a strategic investment from the Business Growth Fund (BGF), a prominent investment group. The infusion of funds from BGF is earmarked to bolster XCD's growth initiatives and enhance its sales and marketing capabilities. This investment marks a significant milestone in XCD's journey, which has consistently progressed since its establishment in 2010 and previously received backing from tech investor and entrepreneur Vin Murria. The transaction was led by Moorcrofts' corporate partner, Will Pearce, with support from corporate solicitor Mohsin Shabbir. Simon Fowler, CEO of XCD HR Limited, expressed enthusiasm about the investment, highlighting the exciting phase for XCD and the affirmation from BGF, known for its stellar reputation. Will Pearce shared his delight in supporting XCD, emphasizing their knowledge of XCD's ambitious expansion plans and expressing well-wishes for the future endeavors of Simon and his team.
XCD operates in a market with substantial growth potential. The demand for cloud-based HR and Payroll solutions is on the rise as organizations recognize the need for digital transformation in these areas. XCD has the opportunity to expand its market presence horizontally by targeting organizations of different sizes and industries. Furthermore, the company can explore vertical markets, such as healthcare, manufacturing, and finance, to cater to industry-specific needs.
XCD HR Limited Risks and Challenges
As with any business, XCD faces various risks and challenges. Internally, maintaining a culture of innovation and attracting top talent will be crucial to sustain its competitive edge. Additionally, ensuring the security and privacy of customer data in the cloud environment is vital to building trust and credibility.
Externally, competition from established players and emerging startups in the HR and Payroll software space poses a risk to XCD's market share. To mitigate these risks, XCD must continue to invest in research and development, stay ahead of technological advancements, and provide exceptional customer support.
XCD HR Limited Ecosystem, Partners, Resellers and SI
XCD collaborates with several partners to offer a comprehensive business solution and enhance its service portfolio. Strategic partnerships with companies like FinancialForce, Symatrix, HRCubed, BDO, Consleague, Silver Cloud HR, and others strengthen the ecosystem around XCD. These partnerships enable XCD to integrate with complementary technologies and leverage the expertise of its partners, providing customers with an end-to-end solution.
XCD HR Limited Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- XCD HR Limited Public Cloud and Infrastructure (IaaS)
- XCD HR Limited Platform (PaaS)
- XCD HR Limited Application Delivery
- XCD HR Limited 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
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