Image sourced ShutterStock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • IntelliHR Holdings has achieved a milestone of 10,000 contracted subscribers
  • On December 31 2017, the company had 2492 contracted subscribers and today has 10,004
  • IntelliHR’s ‘all-in-one’ HR and People Management tool helps businesses optimise efficiency and performance
  • IntelliHR is fast approaching its next major milestone of surpassing $10 million in Customer Life Time Value

IntelliHR Holdings has had a strong start to the 2020 financial year with five new customer wins in just three weeks.

The company has now achieved a milestone of 10,000 contracted subscribers.

As recorded on December 31 2017, intelliHR had 2492 contracted subscribers which doubled by the end 2018’s financial year.

In just over one year, the intelligence company saw their contracted subscription count more than triple. As at July 24 this year, the company has 10,004 contracted subscribers.

IntelliHR is an ‘all-in-one’ Human Resource (HR) and people management automation tool. It’s delivered via the Software-as-a-Service (SaaS) business model and automates a vast range of manual and/or paper-based HR tasks.

Essentially, it helps business optimise efficiency, functionality and performance.

What sets the company apart is its an all-in-one solution. While its customers have experienced some form of HR technology in the past, they are usually more expensive and less efficient.

Customers have claimed intelliHR improves their HR processes and helps manage their workforce wherever they are in the world.

“In 2016 we rolled out intelliHR, and in 2017 we had our best financial year yet,” Fujitsu Head of People and Culture, Sarah Gatehouse said

“That makes a massive statement to show how valuable an investment in people and technology can be,”

intelliHR’s product strategy is a “customer for life” strategy with its retention rate already supporting an estimated seven year customer lifetime.

The company’s next major milestone will be to surpass $10 million in Customer Life Time Value, which is reportedly foreseeable in the near future.

IHR by the numbers
More From The Market Online
AI image of a smart phone with audio

Norwood leverages Microsoft technology to launch AI voice platform OpenSpan

Norwood Systems Ltd has launched a new AI voice platform - OpenSpan - built on Microsoft's…
Boston Hospital

‘Digital human’ player Vection drops -3.5% as AI-based US hospital trial kicks off

Vection has seen its shares drop -3.45% in early lunchtime trades despite launching a Massachusetts General…
AI image of a pile of coins and a chart

PainChek rolls out $5.1M capital raising to grow app footprint across multiple markets

PainChek Ltd has raised $5.1M in an Entitlement Offer to facilitate expansion of its Adult App…