Scribd Logo
Upload

Welcome to Scribd!

  • 81 views

    A "Datafied" Employee Appraisal So2ware That Grows Businesses Through Effec Ve Employee Performance Management

    Uploaded by

    Nik Lygkonis
    Appraisly is developing a data-driven employee performance management system. It aims to "datafy" the employee appraisal process by integrating social media data and providing analytics-based reporting. This would make the process more effective and less time-consuming than traditional methods. The company is seeking £200,000 in funding to test its product and business assumptions with an initial focus on the $6 billion performance management market among small-to-medium enterprises.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    A "Datafied" Employee Appraisal So2ware That Grows Businesses Through Effec Ve Employee Performance Management

    Uploaded by

    Nik Lygkonis
    81 views14 pages
    Appraisly is developing a data-driven employee performance management system. It aims to "datafy" the employee appraisal process by integrating social media data and providing analytics-based reporting. This would make the process more effective and less time-consuming than traditional methods. The company is seeking £200,000 in funding to test its product and business assumptions with an initial focus on the $6 billion performance management market among small-to-medium enterprises.

    Original Description:

    Appraisly Investor Deck

    Original Title

    Appraisly_Q4_2013

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Appraisly is developing a data-driven employee performance management system. It aims to "datafy" the employee appraisal process by integrating social media data and providing analytics-based reporting. This would make the process more effective and less time-consuming than traditional methods. The company is seeking £200,000 in funding to test its product and business assumptions with an initial focus on the $6 billion performance management market among small-to-medium enterprises.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    81 views14 pages

    A "Datafied" Employee Appraisal So2ware That Grows Businesses Through Effec Ve Employee Performance Management

    Uploaded by

    Nik Lygkonis
    Appraisly is developing a data-driven employee performance management system. It aims to "datafy" the employee appraisal process by integrating social media data and providing analytics-based reporting. This would make the process more effective and less time-consuming than traditional methods. The company is seeking £200,000 in funding to test its product and business assumptions with an initial focus on the $6 billion performance management market among small-to-medium enterprises.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 14

    A

    dataed employee appraisal so2ware that grows businesses through eec;ve employee performance management.

    @appraisly

    Execu/ve Summary
    Why Appraisly Appraisly is a data driven E2E employee performance management system. We are completely dierent to the current oerings because we are in the business of dataca;on; that is turning an exis/ng business or industry into a data business. Think about it this way: Facebook has dataed our friend network. Google has dataed our search and informa/on retrieval. LinkedIn has dataed our professional connec/ons. TwiNer is datafying news and real /me informa/on. Appraisly is datafying employee performance management. Think of Appraisly as the Google Analy;cs of HR; and we are star/ng with performance management. Investment Request 200,000 in exchange 25%-30% equity to test product and market assump/ons SEIS applicable

    @appraisly

    Team
    Professional Proles Career Consultants, Extensive Business Process Design & Implementa/on projects. Fi\een years combined consul/ng experience. Resigned and working full /me on Appraisly 2/3 months no/ce period complete. Technical Skills Ruby on Rails, PHP, HTML5, CSS3, Bootstrap/Flat UI. TwiNer and LinkedIn API. Designed, built and launched two websites this year while having full /me employment. Hashtag Heaven: Custom TwiNer T-shirts ViperChart: Financial Stock Sen/ment Analysis

    @appraisly

    Problem
    Employee performance systems are ineec/ve: The process is overcomplicated and /me consuming The process and systems are costly and outdated Current oering not data driven Not integrated with social media

    This results in employee demo;va;on, high employee turnover and the loss of talented people

    @appraisly

    Solu/on
    Appraisly resolves all the problems with exis/ng employee performance management processes within a company. Our system reduces the /me spend on seeng goals and reques/ng feedback while it enhances the signicance of the process via an innova/ve solu/on that combines data and business strategy.

    @appraisly

    Addressable Market
    $6 Billion growing at 10% per annum Target Market (Y1-Y3) 250,000 SMEs with 25+ employees in US and UK alone 100m employees in the target market

    @appraisly

    Compe/tors
    Users (0-30m) Kenexa (IBM) Taleo (Oracle) SuccessFactors (SAP) Ul;mate So2ware PeopleFluent SilkRoad Saba SumTotalSystems Halogen So2ware Cornerstone OnDemand Work.com Technomedia PeopleMa_er TalentSo2 Customers (0-9000) Revenue (0-$500m) Employees (0-2600)

    @appraisly

    Poten/al acquisi/on Target


    In the past ve years alone, there have been over 50 acquisi9ons in the broader talent management market. Acquiring Firm Companies Acquired
    Success Factors InfoHRM 2009 JobFlash 2006 WebHire 2005 Click2Learn 2004 AIMHire.com 2006 CubeTree 2010 Vurv 2008 Brass Ring 2006 Pathlore 2005 Authoria 2009 YouCalc 2010 WW Comp 2010 LMS 2008 So2scape 2010 PeopleClick 2010 Aquire 2011 Jambok 2011 Learn.com 2010 JRA 2011 Plateau 2011 Job partners 2011

    Taleo

    Kenexa

    Sum Total

    PeopleFluent

    SAP spent $3.4 billion on human capital management so\ware company SuccessFactors IBM acquired Kenexa for $1.3 billion. Oracle bought human-resources so\ware company Taleo for $1.9 billion

    Appraisly could be acquired by LinkedIn


    @appraisly

    Product
    Social Media Integra/on LinkedIn API Business strategy cascaded through goals Employees contribu/on is visible in execu/on of overall strategy Internal and external feedback requests Completely dataed and sen/ment driven Extensive repor/ng suite Employee analy/cs on development points and performance Team repor/ng Promo/on analy/cs Team SWOT Balance Scorecards Business calendar synced to performance cycle Aordable for SMEs

    @appraisly

    Business Model
    B2B model applicable to SMEs, conglomerates, chari/es, government, educa/on A /ered pricing plan based on a per-employee per month basis:
    25 50 Users 50 + Users

    1 10 Users

    FREE

    24.99
    per business per month

    9.99
    per user/month

    An extensive free trial period of up to 6 months to ensure customers see value Enter with performance management, expand to full talent management suite by Y5

    500k Users
    Within 5 years

    0.75 %
    Market Share

    ~ 50m Revenue
    Within 5 years

    @appraisly

    Current Customers
    Tyler Capital (UK) 100+ employees Gust (US) 25+ employees uKnow (US) 25+ employees Accelera/on Partners (US) 25+ Employees aidExperience (Germany) 10+ Employees

    @appraisly

    Growth Forecast
    5 year growth forecast
    Growth Forecast avg # of Customers Total Number of Users 2014 13 12307 947 1,317,807 2015 35 33185 948 3,551,936 2016 170 180197 1060 19,407,456 2017 380 389203 1024 41,797,450 2018 540 557098 1032 59,856,670

    Avg. Users/Customer Es;mated Annual Revenue

    500k users within 5 years ( 0.75% of the market) Recurring revenue model B2B SaaS Expansion to other HR services a\er Y3

    @appraisly

    Current Hurdles
    Test all market and product assump/ons Gather feedback on the product Ensure we cover all customer needs Customer reten/on a\er 3 months Expand customer base

    @appraisly

    Milestones
    Phase 1: Complete product design (complete) Phase 2: Complete produce beta (complete) Phase 3: Complete sales page (complete) Phase 4: Trial product with customers (In progress) Phase 5: Adapt product based on feedback Phase 6: Deployment / ~5000 users target Phase 7: Series A
    Q2 2013

    H2 2013 Investment Required 2014 Investment Required

    @appraisly

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy