World-Leading Formula One Racing Team to Implement Industry's #1 Ranked Applicant Tracking Solution
August 23, 2005 Hazlet, NJ and Grove, England - iCIMS, a leading provider of web-based Hiring Management Solutions, announced today that WilliamsF1 has selected iCIMS' Talent Platform to automate the evolving recruitment initiatives within the organization's international business units. iCIMS' suite of solutions will be implemented to streamline the Formula One racing team's Human Resource processes. WilliamsF1 is just the latest addition to iCIMS growing list of clients who take advantage of the Talent Platform internationally to improve their talent management efforts.
WilliamsF1 is one of the leading Formula One racing teams in the world, with 16 Formula One World Championship titles to its name. Based in Grove, England, WilliamsF1 was formed in 1977 by Frank Williams and Patrick Head and has found continued success over decades of racing.
To support the growing interest in Formula One racing, WilliamsF1 has selected iCIMS' Applicant Tracking Solution to improve the sourcing, review, and hiring of potential employees across the globe. iCIMS will also allow the organization to more effectively handle its Human Resource processes, while receiving a tangible ROI, since the online system helps corporations to reduce their Time-to-Fill, as well as Cost-per-Hire. The implementation of iCIMS' Talent Platform will help WilliamsF1 gain a competitive advantage, as it will better position the organization to attract, evaluate, and hire the best possible talent in the industry in a shorter period of time and at a lower cost than its competitors.
"As a global organization, we recognize the value of efficiency in talent management," says Alex Burns, WilliamsF1's Chief Operating Officer. "Formula One racing is becoming increasingly popular around the world, and as a result, our group needs to address the growing demand for employment within the industry. Additionally, as the popularity of the sport increases, we need to attract leading talent quickly, easily, and efficiently in order to remain a step above our competition," Burns said. Burns continues, "After an extensive evaluation of solutions, we've determined that iCIMS' Talent Platform is the solution that puts us in the best position to win this race for talent."
WilliamsF1 is just one of a rapidly growing list of international corporations who have turned to iCIMS for help in addressing their global recruitment challenges. iCIMS' roster currently includes over 250 clients worldwide, representing the second largest customer base in the Industry. "We are enthusiastic about this partnership with WilliamsF1," said Colin Day, President and CEO of iCIMS. "Our work with WilliamsF1 further validates the growing adoption of our recruitment solutions by the international community. The signing also underscores the flexibility of iCIMS to address the needs of all corporations, regardless of Industry. WilliamsF1 has a reputation for excellence out on the track and we look forward to helping them further that message through their ongoing employment initiatives."
WilliamsF1 is one of the world's leading Formula One teams. Formed in 1977 by Frank Williams and Patrick Head, the company has secured 16 FIA Formula One World Championship titles. Nine of these titles have been won in the Constructors' Championship in association with Cosworth, Honda and Renault. The remaining seven titles are Driver's Championships, won with Alan Jones, Keke Rosberg, Nelson Piquet, Nigel Mansell, Alain Prost, Damon Hill and Jacques Villeneuve. In 2000, WilliamsF1 signed a multi-year agreement with BMW AG, and to date the BMW WilliamsF1 Team partnership has yielded nine GP victories.
Today WilliamsF1 employs around 500 personnel at a 40ha technology campus based in the heart of the UK's â€˜Motorsport Valley' in rural Oxfordshire. The company's core competencies are the design and manufacture of Formula One racecars, and the deployment of this expertise in running the team's entries into the Grands Prix each season.
Away from the race track, WilliamsF1 has grown into a significant international business over a quarter of a century, and its achievements earned its founder, Frank Williams, a knighthood in the 1999 New Year's Honours List to augment France's highest decoration, the Legion d'Honneur. Corporately, WilliamsF1 has also been awarded two Queen's Awards for Export Achievement, and is today recognised as one of the most enduring and successful organisations in global sport.
The company's business model is relatively unique. WilliamsF1 is one of the very few wholly independent Formula One teams and its income is largely derived from sponsorship. Supplementing this are a number of secondary income streams, including an international business and conferencing facility at the company's Grove HQ, with an extensive interactive museum tracing twenty five years of success in Formula One.
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 1,500 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.