Welcome!

@CloudExpo Authors: Pat Romanski, Kevin Benedict, Liz McMillan, Jason Bloomberg, Harry Trott

News Feed Item

iCIMS Announces Fiscal Year 2012 Results

- Best-in-breed talent acquisition solution provider extends product line, increases share of market, and solidifies status as a leader in pure SaaS technology -

MATAWAN, N.J., Jan. 16, 2013 /PRNewswire/ -- iCIMS, Inc., a leading provider of Software-as-a-Service (SaaS) talent acquisition software solutions for growing businesses, today released the company's  year-end results, demonstrating a substantial increase in both customer count and revenue for fiscal year 2012.

(Logo:  http://photos.prnewswire.com/prnh/20130116/NY43069LOGO)

In 2012, iCIMS reached a series of major milestones that contributed to larger market penetration; the company increased revenues by 22 percent and experienced 30 percent growth in new customer acquisitions. In addition to direct sales of the company's leading talent acquisition solutions, Connect, Recruit, and Onboard, the revenue and customer expansion was fueled by the company's reseller partnership with Workopolis, the largest online recruitment provider in Canada, and its acquisition of Massachusetts-based social recruiting solution provider, Jobmagic. The company's commitment to delivering best-in-breed, "pure" SaaS, talent acquisition solutions that are responsive to the social and mobile demands of the evolving candidate landscape led to numerous product innovations in 2012; these enhancements furthered bottom line growth with new and existing customers.

Fiscal Year 2012 Business Highlights:

  • iCIMS Talent Platform: In 2012, iCIMS increased its direct customer count by 23% vs. 2011.
  • Social Distribution: In Q3 2012, iCIMS acquired approximately 200 clients as a result of its acquisition of former technology partner, Jobmagic.
  • iCIMS NOW Customers: By the close of 2012, iCIMS had quadrupled the number of clients using its very small business recruitment solution, iCIMS NOW.
  • Growth in Energy Accounts: iCIMS experienced significant new client growth in the Energy industry. By comparison to 2011, new customers in the Energy segment tripled. Some Energy organizations that chose iCIMS as their talent acquisition software solution include PowerStream, TAS Energy Inc., and Excel Modular Scaffold.

Corporate Milestones:

  • Investment Capital from Susquehanna Growth Equity, LLC: In January 2012, iCIMS secured a $35 million minority growth equity investment from Susquehanna Growth Equity, LLC (SGE). The company used this funding to increase investments in marketing, product development, and acquisitions to further accelerate the company's rapid growth and expansion plans.
  • New Corporate Headquarters: In March 2012, iCIMS relocated its headquarters to a "Class A" building in Matawan, NJ that can comfortably house all current and planned in-house staff. Within the year, the company added nearly 90 employees, increasing headcount by 33%.
  • Partnership with Workopolis: In Q3 2012, iCIMS won a competitive bid to serve as Workopolis' outsourced technology partner for talent acquisition software solutions. As the exclusive Canadian distributor of the iCIMS Talent Platform, Workopolis now resells iCIMS' Connect, Recruit, and Onboard products as well as related Power-Ups, including  Social Distribution, Career Site SEO, and i-9 & e-Verify. Additionally, iCIMS Talent Platform will also power the next version of Workopolis' existing applicant tracking system (ATS).
  • Acquisition of Jobmagic: Also in Q3 2012, iCIMS acquired social recruiting solution provider and former technology partner, Jobmagic. iCIMS Social Distribution provides users with automated job distribution and employee referral programs through their social networks, enabling companies to efficiently reach a broader range of potential candidates. The acquisition allows iCIMS to market, sell, and support Social Distribution as Power-Up to Recruit or a standalone solution, creating a new option for organizations that are interested in technology for social recruiting but not currently in need of an applicant tracking system.

Product Expansion:

Major Releases of 2012

  • iCIMS Rolled Out Talent Platform 11.3:  In Q1 2012, the 11.3 release offered a strengthened and faster foundation complemented by scalable social media features, ensuring clients were up to date with current recruitment marketing trends.
  • iCIMS 12.1 Release Debuted: In Q3 2012, the 12.1 release enhanced functionality such as the user interface (UI), searching and analytics, integrations, and accessibility, including full iPad support of the front- and back-end application. In addition to these improvements, the 12.1 release armed users with increased social and mobile capabilities that are essential to talent acquisition processes.
  • iCIMS Launched 12.2 Release: In Q4 2012, the 12.2 release became available and with enhanced functionality that enabled iCIMS customers to bring high-quality, top talent into their iCIMS system more efficiently, both through social and mobile platforms as well as through enhanced resume parsing and other traditional means.

New Product & Power-Up

  • Career Site Search Engine Optimization (SEO) Power-Up Launched: In Q3 2012, iCIMS debuted its latest Power-Up to Recruit that enables organizations to increase the likelihood of achieving top search engine rankings for their open positions, thereby increasing traffic to corporate career sites. With the use of Career Site SEO, recruiters can reduce reliance on third-party job board postings and other recruitment marketing techniques. Career Site SEO enables recruiters to get job postings in front of millions of potential candidates with the use of .JOBS career microsites.
  • iCIMS Connect Product Debuted: In Q4 2012, iCIMS introduced its latest core product offering, Connect. This new addition to the iCIMS Talent Platform's suite of talent acquisition tools allows customers to engage with passive candidates and build a sourcing pipeline for future hiring needs. Connect's innovative features enable iCIMS' clients to appeal to candidates who may not be ready to apply for an employer's open positions, but are interested in the company's employment brand and want to keep in touch with the organization. The product can be purchased as a standalone recruitment CRM product that can feed into a company's applicant tracking system (ATS) of record, or it can be purchased alongside iCIMS' other core products, Recruit and Onboard.

Key Third-Party Recognitions:

Customer Service

  • Stevie Award for Sales and Customer Service: In Q1 2012, iCIMS earned Bronze for Customer Service Department of the Year in the Computer Software category.

Product Innovation

  • Brandon Hall Excellence in Technology: In Q4 2012, iCIMS earned Silver in the Best Advance in Talent Acquisition Technology category for iCIMS Social Distribution. 

"Pure" SaaS Delivery

  • Best of SaaS Showplace (BoSS) Awards: In Q3 2012, iCIMS was the winner of the Human Resource Management category.
  • TMC's Cloud Computing Excellence Awards: In Q4 2012, iCIMS Talent Platform was awarded TMCnet™'s 2012 Cloud Computing Excellence Award.
  • Montclair Advisors' SaaS Top 250: In Q4 2012, iCIMS was recognized as a member of the 2012 Global SaaS Top 250 listing.

Company Growth & Stability

  • NJBIZ's Best Places to Work in NJ: In Q2 2012, iCIMS was ranked #29 in NJBIZ's 2012 "Best Places to Work in New Jersey" among businesses with under 250 employees.
  • Inc. 500 I 5,000: In Q3 2012, iCIMS was named to the list of the fastest growing private companies in America for the seventh consecutive year.
  • NJBIZ's 50 Fastest Growing Companies: In Q4 2012, iCIMS was named to the list of the 50 fastest growing companies in the state of New Jersey.
  • Deloitte Technology Fast 500™: In Q4 2012, iCIMS was named to Deloitte's Technology Fast 500™ list of North America's fastest-growing companies.
  • Best in Biz: In Q4 2012, iCIMS was named a Bronze winner in the Fastest Growing Company of the Year category for medium-sized organizations.

"The company's year started off with the decision to intensify our focus and resources on doing what we do best: market-responsive, pure SaaS talent acquisition solutions," said Colin Day, Chief Executive Officer, iCIMS. "Our dedication to providing a best-in-breed, pre-hire platform has allowed us to forge partnerships with big-name providers like Workopolis and to be honored by prestigious award programs, and it has also afforded us the ability to grow and acquire companies to help make our products more social-enabled and mobile-accessible than ever. As we enter the New Year with exciting product additions, like Connect and Career Site SEO, I'm optimistic we'll continue the momentum in 2013," stated Day. 

"iCIMS' success is greatly attributed to leaders and staff members who are passionate about delivering robust yet flexible and easy-to-use talent acquisition solutions that are backed by superior customer service for every client," Day continued. "During the year, we added nearly 90 people to the team and yet the company retains a collaborative, high-growth, 'start up' mentality, which has pushed our product development to keep pace with social and mobile innovations. Full-suite HRIS and ERP providers just aren't agile enough to keep up," Day concluded.

"That grit and determination was tested in Q4 when our iCIMS family faced both personal and professional challenges caused by Hurricane Sandy. But as an organization we banded together to support one another and our valued customers, and to repair the community we call home. This response was definitely among our proudest achievements of 2012," Day concluded.

About iCIMS, Inc.:

iCIMS, a leading provider of innovative Software-as-a-Service (SaaS) talent acquisition solutions, is an Inc. 500 and Software Satisfaction honoree focused on solving corporate business issues through the implementation of easy-to-use, scalable solutions that are backed by award-winning customer service. iCIMS' Talent Platform, the industry's premier candidate management solution, enables organizations to manage their entire talent acquisition lifecycle from sourcing, to recruiting, to onboarding all within a single web-based application. With more than 1,400 clients worldwide, iCIMS is one of the largest and fastest-growing talent acquisition system providers with offices in North America, UK, and China. To learn more about how iCIMS can help your organization, visit http://www.icims.com or view a free online demo of the iCIMS Talent Platform.

Trademarks and registered trademarks contained herein remain the property of their respective owners.

Media Contact:
Elise Jennings
iCIMS, Inc.
800-889-4422
[email protected] 

SOURCE iCIMS, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@CloudExpo Stories
From 2013, NTT Communications has been providing cPaaS service, SkyWay. Its customer’s expectations for leveraging WebRTC technology are not only typical real-time communication use cases such as Web conference, remote education, but also IoT use cases such as remote camera monitoring, smart-glass, and robotic. Because of this, NTT Communications has numerous IoT business use-cases that its customers are developing on top of PaaS. WebRTC will lead IoT businesses to be more innovative and address...
IT organizations are moving to the cloud in hopes to approve efficiency, increase agility and save money. Migrating workloads might seem like a simple task, but what many businesses don’t realize is that application migration criteria differs across organizations, making it difficult for architects to arrive at an accurate TCO number. In his session at 21st Cloud Expo, Joe Kinsella, CTO of CloudHealth Technologies, will offer a systematic approach to understanding the TCO of a cloud application...
"With Digital Experience Monitoring what used to be a simple visit to a web page has exploded into app on phones, data from social media feeds, competitive benchmarking - these are all components that are only available because of some type of digital asset," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
In his session at @ThingsExpo, Sudarshan Krishnamurthi, a Senior Manager, Business Strategy, at Cisco Systems, discussed how IT and operational technology (OT) work together, as opposed to being in separate siloes as once was traditional. Attendees learned how to fully leverage the power of IoT in their organization by bringing the two sides together and bridging the communication gap. He also looked at what good leadership must entail in order to accomplish this, and how IT managers can be the ...
With Cloud Foundry you can easily deploy and use apps utilizing websocket technology, but not everybody realizes that scaling them out is not that trivial. In his session at 21st Cloud Expo, Roman Swoszowski, CTO and VP, Cloud Foundry Services, at Grape Up, will show you an example of how to deal with this issue. He will demonstrate a cloud-native Spring Boot app running in Cloud Foundry and communicating with clients over websocket protocol that can be easily scaled horizontally and coordinate...
In his session at 20th Cloud Expo, Chris Carter, CEO of Approyo, discussed the basic set up and solution for an SAP solution in the cloud and what it means to the viability of your company. Chris Carter is CEO of Approyo. He works with business around the globe, to assist them in their journey to the usage of Big Data in the forms of Hadoop (Cloudera and Hortonwork's) and SAP HANA. At Approyo, we support firms who are looking for knowledge to grow through current business process, where even 1%...
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
SYS-CON Events announced today that Secure Channels, a cybersecurity firm, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Secure Channels, Inc. offers several products and solutions to its many clients, helping them protect critical data from being compromised and access to computer networks from the unauthorized. The company develops comprehensive data encryption security strategie...
"DX encompasses the continuing technology revolution, and is addressing society's most important issues throughout the entire $78 trillion 21st-century global economy," said Roger Strukhoff, Conference Chair. "DX World Expo has organized these issues along 10 tracks with more than 150 of the world's top speakers coming to Istanbul to help change the world."
The goal of Continuous Testing is to shift testing left to find defects earlier and release software faster. This can be achieved by integrating a set of open source functional and performance testing tools in the early stages of your software delivery lifecycle. There is one process that binds all application delivery stages together into one well-orchestrated machine: Continuous Testing. Continuous Testing is the conveyer belt between the Software Factory and production stages. Artifacts are m...
Vulnerability management is vital for large companies that need to secure containers across thousands of hosts, but many struggle to understand how exposed they are when they discover a new high security vulnerability. In his session at 21st Cloud Expo, John Morello, CTO of Twistlock, will address this pressing concern by introducing the concept of the “Vulnerability Risk Tree API,” which brings all the data together in a simple REST endpoint, allowing companies to easily grasp the severity of t...
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
DevOps at Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to w...
Cloud resources, although available in abundance, are inherently volatile. For transactional computing, like ERP and most enterprise software, this is a challenge as transactional integrity and data fidelity is paramount – making it a challenge to create cloud native applications while relying on RDBMS. In his session at 21st Cloud Expo, Claus Jepsen, Chief Architect and Head of Innovation Labs at Unit4, will explore that in order to create distributed and scalable solutions ensuring high availa...
Connecting to major cloud service providers is becoming central to doing business. But your cloud provider’s performance is only as good as your connectivity solution. Massive Networks will place you in the driver's seat by exposing how you can extend your LAN from any location to include any cloud platform through an advanced high-performance connection that is secure and dedicated to your business-critical data. In his session at 21st Cloud Expo, Paul Mako, CEO & CIO of Massive Networks, wil...
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, presented an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He then expounded on the industry issues he frequently came up against as an analyst, and ...
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, discussed the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information.
SYS-CON Events announced today that App2Cloud will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. App2Cloud is an online Platform, specializing in migrating legacy applications to any Cloud Providers (AWS, Azure, Google Cloud).
SYS-CON Events announced today that Calligo has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Calligo is an innovative cloud service provider offering mid-sized companies the highest levels of data privacy. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalized support service from its globally located cloud platform...