Nexthink Series Permira: The Next Step in Employee Experience Management
In today’s fast-paced and technology-driven world, managing employee experience has become a top priority for organizations. Employee experience management (EEM) is the process of creating and nurturing a positive work environment that promotes employee engagement, productivity, and well-being. With the emergence of remote work and hybrid work models, EEM has become more important than ever before. One company that is at the forefront of EEM is Nexthink, and their recent Series Permira funding round has set the stage for the next step in employee experience management.
What is Nexthink?
Nexthink is a digital employee experience management platform that helps organizations measure and improve the experience of their employees. The platform collects data from various sources, such as endpoint devices, applications, and networks, to provide insights into the employee experience. Nexthink’s platform uses this data to help organizations optimize IT infrastructure, improve security, and enhance employee engagement and productivity.
Founded in 2004, nexthink series permira has quickly become a leader in the EEM space, with over 1,000 customers across 60 countries. Their platform is used by companies such as Coca-Cola, PwC, and Siemens to provide a better employee experience for their workforce.
Series Permira Funding Round
In February 2021, Nexthink announced that it had raised $180 million in a Series Permira funding round. The funding round was led by Permira, a global private equity firm, and included participation from existing investors such as Highland Europe and Index Ventures.
The funding round is a significant milestone for Nexthink and the EEM industry as a whole. It represents a validation of Nexthink’s platform and the importance of EEM in today’s workplace. The funding will also enable Nexthink to accelerate its growth and product development, expand its global footprint, and deepen its relationships with customers.
The Importance of EEM
Employee experience management is a critical component of any modern workplace. It has been shown that companies with high levels of employee engagement and satisfaction are more productive, have higher profitability, and have lower turnover rates. Furthermore, the COVID-19 pandemic has accelerated the shift to remote work and highlighted the need for organizations to provide a seamless digital experience for their employees.
Nexthink’s platform addresses these challenges by providing real-time insights into the employee experience. The platform collects data from various sources, such as endpoint devices, applications, and networks, to provide a holistic view of the employee experience. This allows organizations to identify and address issues that may be impacting employee productivity and engagement.
Nexthink’s platform is also unique in that it is proactive rather than reactive. The platform uses artificial intelligence and machine learning to predict issues before they occur and provide recommendations for resolving them. This approach helps organizations stay ahead of potential problems and ensures that employees have a positive experience.
The Future of EEM
The Series Permira funding round has set the stage for the next step in employee experience management. With the increased investment in Nexthink and the EEM industry as a whole, we can expect to see continued innovation and development in this space.
One area where we may see growth is in the integration of EEM with other HR technologies, such as performance management and learning and development. By combining these technologies, organizations can create a more holistic approach to employee development and engagement.
Another area where we may see growth is in the use of EEM data for strategic decision-making. As organizations collect more data on the employee experience, they can use this data to inform business strategy and drive performance.
Conclusion
The nexthink series permira funding round is a significant milestone for Nexthink and the employee experience management industry. It represents a validation of the importance of EEM in today’s workplace and sets the stage for continued growth and innovation in thisNexthink is a digital employee experience management platform that helps organizations improve employee engagement, productivity, and well-being. The Series Permira funding round validates the importance of EEM in today’s workplace and enables nexthink series permira to accelerate its growth and product development. EEM is critical for modern workplaces and has become even more important due to the shift to remote work caused by the COVID-19 pandemic.
