Company profile

Future of ADP

#
Rank
314
| Quantumrun Global 1000

ADP, LLC., is a US based provider of HR management software as well as services.

Home Country:
Industry:
Diversified Outsourcing Services
Website:
Founded:
1949
Global employee count:
57000
Domestic employee count:
35662
Number of domestic locations:
141

Financial Health

Revenue:
$11667800000 USD
3y average revenue:
$10944233333 USD
Operating expenses:
$6840300000 USD
3y average expenses:
$6436300000 USD
Funds in reserve:
$3191100000 USD
Market country
Revenue from country
0.85

Asset Performance

  1. Product/Service/Dept. name
    Employer services
    Product/Service revenue
    9211000000
  2. Product/Service/Dept. name
    Peo services
    Product/Service revenue
    3073000000
  3. Product/Service/Dept. name
    Other
    Product/Service revenue
    1900000000

Innovation assets and Pipeline

Global brand rank:
321
Total patents held:
120

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the business services sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*The shrinking cost and increasing computational capacity of artificial intelligence systems will lead to its greater use across a number of applications within the business services world. All regimented or codified tasks and professions will see greater automation, leading to dramatically reduced operating costs and sizeable layoffs of white and blue-collar employees.

*Blockchain technology will be co-opted and integrated into the operations of a range of business services providers, significantly reducing transaction costs and automating complex contract agreements.

COMPANY’S FUTURE PROSPECTS

Company Headlines