George O’Connor of Panmure talks “NetDimensions PLC sailing on” this morning

Panmure analyst George O’Connor said today “In our efforts to continually understand and monitor the HCM (Human Capital Management) market we met with Fairsail. Fairsail is a UK headquartered private company developing HR software for its target mid-sized clients (250-5,000 FTEs). Whilst not a competitor to NetDimensions we find both trading well and have some shared core values (ie the importance of cloud), the importance of ‘proper’ customer segmentation & targeting (ie NetDimensions focus on high consequence industries) and a strong competitive offer (ie NetDimensions regularly slamdunks CornerstoneonDemand etc). Earlier this week we flagged up research from industry analysts Bersin who commented on the importance of Performance Management as they identified the top HR trends. Here, with Fairsail we see a HCM company seeing equally strong cloud adoption, a positive macro tailwind and executing in a global market. Sail on.”

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