iCIMS Closes Q1, 2005 with 28 New Corporate CustomersSales & Renewal Success Sustains Company's Status as one of the Industry's Fastest Growing ATS Vendors
May 19, 2005 Hazlet, NJ - iCIMS, a leading provider of web-based Hiring Management Solutions, announced today the closing of its strongest Quarter to date. Within this period, iCIMS signed 28 new clients onto their Applicant Tracking Solution platform and exceeded revenue from the same period last year by 180%. In addition, iCIMS' customer retention rating surpassed the 95% benchmark set in 2004, helping iCIMS to maintain its edge as the Industry's fastest growing provider of Hiring Management and Applicant Tracking Solutions.
iCIMS' entered 2005 with high expectations following a year of substantial success in all aspects of the company. Q1 proved to be a continuation of that progress, as iCIMS earned recognition as the Industry's 2nd largest ATS provider by Workforce Management Magazine, signed such notable clients as Tractor Supply, Fleishman-Hillard, Select Medical Corporation, TKC Management, and Océ – North America, and released iCIMS' version 5.2, arguably the most configurable applicant tracking solution on the market today.
"iCIMS continued success underscores the growing expectation of corporations to use recruiting technologies that are not only easy-to-use, but are also highly configurable", says Colin Day, President & CEO of iCIMS. "Previous generations of Applicant Tracking Solutions required Human Resource Departments to change their processes to fit within a specific recruiting application. iCIMS has taken a different approach, focusing on solutions that clients can easily map to their existing processes, without requiring significant customization."
iCIMS ongoing success has been validated from a number of independent resources. iCIMS' suite of Applicant Tracking offerings has received the Industry's top rank in each of the past two years and the company continues its aggressive pursuit towards the 250 customer milestone. Furthermore, iCIMS' dedicated approach to customer support and account management has helped iCIMS to maintain a 97% customer satisfaction/retention rating, a mark the technology provider hopes to continue to improve upon this year.
Day concludes,"iCIMS recognizes that our ongoing success is not only tied to sales, but also to the continued support of existing clients. As such, iCIMS has consistently sought to provide customer centric forums, including a Customer Advisory Council, an ongoing webinar series for clients, and soon to be announced enhancements to our consulting services division later this year. It is through this commitment to our current and future customers that we hope to continue the wealth of success iCIMS has seen over the last 3 years".
iCIMS, a leading Software-as-a-Service (SaaS) provider, is an Inc. 500 honoree focused on solving corporate business issues through the implementation of easy-to-use web-based software solutions. iCIMS' Talent Platform, the industry's premier Talent Platform, enables organizations to manage their entire talent lifecycle from applicant tracking through onboarding and beyond through a single web-based application. With more than 1000 clients worldwide, iCIMS is one of the largest and fastest-growing talent management system providers in the space. To learn more about how iCIMS can help your organization, visit www.icims.com or view a free online demo of the iCIMS Talent Platform at www.icims.com/demo.