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Meta4 grows 8% thanks to its international development and the cloud

  • Revenue from the cloud line of business went up 52% globally
  • The company has grown 8% reaching 56.1 million euros

Madrid, 20th March 2013- Meta4, a world-class leader for human and intellectual capital management (HICM) once again achieves excellent results for 2012, the best ones ever in its history. The Spanish Multinational specialized in HR software has amassed a revenue of more than 56 million euros—56.1 million euros—an 8% growth against the previous year and an overall net increase of 18%.

Despite the complicated economic downturn of today, Meta4 has achieved these outstanding results thanks to the evolution of their line of payroll and HR cloud solutions, enjoying presence in over 100 countries, managing more than 18 million employees and with well over than 1,300 clients worldwide.

Latin America is one of the regions where Meta4 has experienced marked growth in 2012. With offices in Argentina, Brazil, Chile, Columbia, México and Peru and strong presence in the entire region, the company has increased revenue by 26% against last year, representing 22% of the total revenue of the group. Noteworthy companies on this continent have chosen Meta4 solutions for managing their human resources both locally and globally, companies like Danone, Colgate Palmolive, Carrefour and TEVA laboratories— this particular company included regional payroll for seven countries.

Cloud drives growth for the group

The classical product license purchase model is giving way to the pay-per-use mode (Software as a Service), which offers companies the most secure access to high performance technology solutions at a very competitive rate. Thanks to Meta4’s specialist expertise and cloud technology, its line of HR solutions in the cloud has driven growth in the group last year. Meta4 saw a 52% increase in revenue in this line of business; their cloud offering already represents 21% of the total revenue of the group, as compared to a 15% share in 2011.

While in 2009, the percentage of new Meta4 clients opting for the cloud model was 20% for the company; in 2012 this share already represents 60%. Important multinationals have chosen Meta4’s global HR platform to manage their human capital internationally.

“The excellent results achieved were possible through the internationalization of our activities and the strong drive in our line of cloud solutions. Meta4’s high capacity for execution and reliability nowadays represent success for any company wishing to manage their human resources with the best technology in the market,” concludes Carlos Pardo, Managing Director of Meta4.

Among the companies opting for Meta4 solutions in 2012 are Huawei, leading global provider of ITC, Autoliv, an automotive parts manufacturer, Abbot Spain, Baxter, Boehringer Ingelheim and Chemo Group, hotels like Westinvest Hotel Port Soller, Hotel Intercontintenal Madrid, and logistics services companies like Sellbytel, Saba Group, Soldene or Securitas Direct Portugal. Companies like WorldVision, a non-profit organization with presence in over 100 countries, the reinsurance company AdminRe, or the Canadian mining company, Silver Standard Resources Inc., the latter with presence in Argentina, Chile, Mexico and Peru have already benefited from Meta4 PeopleNets Global capabilities.