Dedicated talent acquisition technology receives kudos over broad HCM technology for recruitment
HOLMDEL, N.J. [March 19, 2018] – iCIMS Inc., a leading provider of cloud-based talent acquisition solutions, announced today the company has recently been recognized in three industry analyst reports: Bersin by Deloitte’s HR Technology Disruptions for 2018 Report, Aptitude Research’s Talent Acquisition Systems 2017 Report and the Apps Run the World’s Cloud Top 500 Application Vendors Report.
“This recognition speaks volumes about the strength of the iCIMS Talent Acquisition Platform, which enables enterprise organizations to bring together their increasingly complex recruitment world,” said Susan Vitale, iCIMS chief marketing officer. “The attention analysts place on recruiting technology underscores that talent acquisition is both strategic and dynamic enough to require its own platform-of-record that complements the HCM.”
Bersin by Deloitte
In Bersin by Deloitte’s HR Technology Disruptions for 2018 report, Josh Bersin, Principal of Deloitte Consulting, LLP, covers changes within the technology landscape, employee engagement and organizational design. Bersin points out that the talent acquisition market is no longer as simple as applicant tracking but instead much broader and quite complex, noting that “ERP providers have their hands full developing payroll, learning, and other core systems, so they tend to be hard-pressed to build the level of functionality… companies like iCIMS can do at speed.” Per the report, today’s recruiting market is dynamic with many niches to cover such as brand building, job posting, sourcing, assessments, hiring and onboarding.
“The biggest talent spending area around the world today is recruiting,” said Bersin. “While companies spend around $1,200 a year per employee on employee training (making it an approximately $140 billion market), recruiting spend is about three times larger.”
In the Talent Acquisition Systems 2017 Index Report, Madeline Laurano, co-founder and chief research officer at Aptitude Research Partners, provides an overview of the market and helps companies understand their own requirements so that they can make educated decisions in their software purchases. Laurano points out that for companies to be efficient, they need end-to-end talent acquisitions solutions versus using one HR system for all aspects of talent management. “By focusing on broader talent management, these technologies have failed to address the growing complexities of talent acquisition and the importance of a positive candidate experience,” explained Laurano.
“By all definitions, iCIMS is one of the greatest success stories in HCM technology,” said Laurano. “It is a privately-held company with a consistent growth rate. It is a company that continues to grow through its strong partnerships, stellar reputation and dedicated leadership.” Laurano also cites iCIMS’ deep expertise in talent acquisition, exceptional customer service and strong customer satisfaction as key strengths.
Apps Run the World
Apps Run the World ranked iCIMS number 18 on their HCM Top 500 Software Vendors list, which is the highest ranking of a best of breed talent acquisition technology vendor. “iCIMS’ ability to sustain its robust revenue growth could turn the vendor into a dominating factor across all segments of the talent acquisition market,” said Albert Pang, president of Apps Run the World.
As these and other industry analysts note a shift from integrated HCM technologies in favor of recruitment platforms integrated with HCM suites, so too have employers’ buying behaviors. Crate & Barrel, E-Trade Financial Corporation, Wilson Sporting Goods, and Tractor Supply Company are brands that recently selected iCIMS’ talent acquisition platform over an HCM for their enterprise hiring needs.
To learn more about these reports and additional independent analyst reviews, visit iCIMS’ analyst reviews page.
About iCIMS, Inc.:
iCIMS is the leading provider of talent acquisition solutions that help businesses win the war for top talent. iCIMS empowers companies to manage their entire hiring process within the industry’s most robust Platform-as-a-Service (PaaS). Built on the foundation of a best-to-market talent acquisition software suite, iCIMS’ PaaS framework, UNIFi, allows employers to expand the capabilities of their core talent acquisition technology by integrating with the largest partner ecosystem in talent acquisition to help them attract, find, screen, and manage candidates. Offering scalable, easy-to-use solutions that are backed by award-winning customer service, iCIMS supports more than 3,500 contracted customers and is one of the largest and fastest-growing talent acquisition solution providers.
As used in this document, “Deloitte” means Deloitte Consulting LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
iCIMS is the talent cloud company that empowers organizations to attract, engage, hire, and advance the right talent that builds a diverse, winning workforce. iCIMS accelerates transformation for a community of approximately 4,500 customers, including nearly half of the Fortune 100, that employ more than 35 million people worldwide. For more information, visit www.icims.com.