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iCIMS Highlights Strong Financial Results in Q1 2015 as the Demand for Specialized Talent Acquisition Technology Solutions Continues to GrowMATAWAN, N.J., May 5, 2015 /PRNewswire/ -- iCIMS, Inc., a leading provider of Software-as-a-Service (SaaS) talent acquisition software solutions announces an exciting start to 2015 as revenue, customer count, industry accolades, and employee headcount continue to climb at a strong pace. The successful growth of iCIMS is due in part to the increased demand for configurable recruitment technology with social, mobile, and video capabilities, resulting from a shift in talent acquisition practices. For the quarter ended March 31, 2015, iCIMS' revenue increased 35%, customer count increased 31%, and employee headcount increased by 34% compared with the first quarter of 2014. iCIMS' impressive growth is three times greater than the overall applicant tracking industry average of 11.37%, as reported by TechNavio. As a result, iCIMS continues to take market share from other providers of recruiting software, and remains the second largest provider in the industry for companies that have more than 100 employees. "The success iCIMS experienced in the first quarter of 2015 underscores the market's growing demand for a software suite dedicated solely to the unique needs of talent acquisition," said iCIMS Chief Executive Officer, Colin Day. "CEOs readily admit that attracting and hiring best-fit talent is a key driver of business success, and now more than ever, companies are investing in recruiting software to address this challenge. iCIMS is poised to continue to deliver strong growth while maintaining profitability and an extremely high level of customer satisfaction. That balance is something of which to be extremely proud," added Day. Q1 2015 Business Highlights Include:
"The first quarter has certainly set the stage for success for the remainder of the year. More employers recognize the need for specialized tools for talent acquisition that are both easy-to-use and aligned with today's recruitment trends like social, mobile, and video hiring processes. As we have in the past, we plan to draw from both industry trends and customer feedback to continue to enhance our product offering and provide customers with the best tools to effectively find and hire best-fit talent faster. It's an exciting time to be in this space," concluded Day. 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 helping businesses win the war for top talent 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 leverage mobile, social, and video technologies to manage their entire talent acquisition lifecycle from building talent pools, to recruiting, to onboarding all within a single web-based application. With more than 2,700 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. ©2015 iCIMS, Inc. All rights reserved.* *Trademarks and registered trademarks contained herein remain the property of their respective owners. Media Contact: Raquel Fleig Logo - http://photos.prnewswire.com/prnh/20130116/NY43069LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/icims-highlights-strong-financial-results-in-q1-2015-as-the-demand-for-specialized-talent-acquisition-technology-solutions-continues-to-grow-300077161.html SOURCE iCIMS, Inc. |