HOLMDEL, N.J. [February 12, 2019] – iCIMS, the leading provider of best-in-class , surpassed $200 million in annual recurring revenue (ARR) in 2018. This is the sixth straight year that iCIMS has delivered double-digit growth. iCIMS grew enterprise customer annual recurring revenue by more than 50 percent year-over-year, with multinational clients including Samsonite, Spirit Airlines and Penske. In 2018, , the market-leading investment firm in technology-enabled businesses, completed a significant investment in iCIMS to accelerate the company’s growth and innovation.
“Our growth reflects employers’ shift from relying on recruiting modules in their HR systems to dedicated talent acquisition solutions to support their hiring,” said Colin Day, iCIMS founder and chief executive officer. “We’re even more excited about 2019 and beyond. To help our customers find the best candidates and improve how they spend their advertising dollars, we are introducing recruitment marketing and programmatic advertising solutions. We will also be making it easier for candidates to manage all of their iCIMS job applications and regain control of their personal data.”
iCIMS’ roadmap for 2019 includes:
o Applying machine learning algorithms and artificial intelligence so job seekers can more easily find opportunities on iCIMS career sites;
o Improving the visibility of clients’ posted job positions with Google for Jobs, delivering a better candidate experience; and
o Launching a recruitment marketing solution for employers to engage talent more effectively and improve the efficiency and effectiveness of their advertising spend.
iCIMS’ 2018 milestones include:
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.