Welcome!

Wearables Authors: Yeshim Deniz, Pat Romanski, Elizabeth White, Carmen Gonzalez, Liz McMillan

News Feed Item

HireVue Drives Growth of Digital Interviewing Category, Disrupting Antiquated Ways of Recruiting

Triple-digit sales and user growth, new customers and new board member, Doug Dennerline, showcase company's leadership and overall category growth

SALT LAKE CITY, Dec. 26, 2012 /PRNewswire/ -- On-demand digital interviewing services are being widely adopted across hiring organizations, from the Fortune 500 to small and medium sized businesses. Contributing to the growth is the convergence of social, mobile, and video technology to more quickly, fairly and tellingly connect candidates with recruiters and hiring managers. Leading provider, HireVue, is driving this momentum with a record third quarter that included 150 percent sales growth and 47 new customers. Additionally, HireVue unveiled the world's first social interview application, was named 2012 HR Product of the Year, and welcomed an important new board member, Doug Dennerline.

"As we continue to develop and bring pioneering, industry changing products to market, we're closing more deals, hiring more talented employees and building our leadership in the space," explains David Bradford, HireVue's CEO. "In 2013 we'll continue to see widespread adoption of popular technologies like digital interviewing, which not only changes the recruiting model for businesses and job seekers alike, but also the financial implications of inefficient recruiting processes. In addition to company growth, bringing Doug onto our board is very strategic for HireVue's growing industry presence based on his experience in helping grow brands such as Cisco, Salesforce.com and SuccessFactors."

Third quarter and recent business highlights include:

  • 150 percent sales growth – Expanded subscriptions with existing customers as well as new customers, ranging from small and medium sized businesses to large global enterprises, drove substantial sales growth.
  • 428 percent adoption growth – Interview volume during the quarter grew 428% and user growth more than tripled over the same period a year ago.
  • 74 deals: more than one per business day – The company recorded 74 sales transactions and welcomed more than 47 new customers during the quarter across a variety of industries, including financial services, healthcare, oil and gas, staffing and education. New customers include the New York Stock Exchange, eBay, Living Social and Noble Drilling, as well as several small and medium sized businesses. 
  • 2012 HR Product of the Year – HireVue Mobile™ was honored with Human Resources Executive Magazine's Product of the Year 2012 award. For three out of the past four years HireVue has been recognized for its innovation in the HR space.
  • Mobile adoption – HireVue's mobile apps allow candidates to learn more about a company and respond to on demand interviews anytime, anywhere – from their iPhone®, iPad®, iPod touch® or Android device. Launched just a few months ago, there have already been more than 7,000 app downloads.
  • OpenVue™ – HireVue launched the world's first social interviewing application, allowing candidates and hiring companies to connect and share digital introductions, interviews, and get hired using social networks, QR Codes and geolocation.
  • New global headquarters and team growth – The company recently moved to a new and expanded office in South Jordon, UT, and has grown its team by 166 percent so far this year.
  • Candidates prefer digital – Candidate experience surveys during the quarter indicated that 90% of candidates appreciate the convenience of on demand digital interviews and nearly 80% appreciate that it's a fair and consistent process. Further, 70% of candidates agree that digital interviews are an effective way for companies to get to know them as individuals.
  • Game-changing business results – HireVue customers reported powerful results during the quarter, including: seeing twice as many candidates in one quarter of the time while reducing costs; and, reducing interview time by 90% and total hiring time by 50% while reducing travel costs by up to $1500 per candidate.

On the heels of a record quarter, HireVue welcomes former SuccessFactors president, Doug Dennerline, to its board of directors. Dennerline brings valuable experience from some of the most admired software companies of the past decade. Prior to SuccessFactors, Dennerline was EVP of Enterprise Sales at Salesforce.com, The GM of the Collaboration Software Group, (Webex) post the acquisition by Cisco and SVP US Enterprise Field Sales at Cisco.  He currently serves on the board of Bunchball.

"HireVue offers a unique business solution that is completely transforming the old model of hiring," explains new board member Doug Dennerline. "The admirable brands selecting HireVue at such a rapid pace is astonishing and a sign of the critical business need the company addresses. As we move into the New Year we're all seeing the exponential category growth potential and being a part of that is exciting."

About HireVue

HireVue is an amazing new way to interview – on demand! Users simply browse, watch, rate and share the interviews they want, on their own time – just like streaming their favorite movies – even from a smart phone. Recognized by HR Executive Magazine as a Top HR Product of 2012, HireVue's Digital Interview Platform™ also helps improve interviews of all types, including in person, phone and video interviews. Digital question, feedback and collaboration tools remove hassle and make interviewing up to ten times faster and nine times cheaper. Join HireVue customers like Starbucks, Nike and Walmart who are making interviewing awesome. http://www.hirevue.com

Keep a pulse on emerging trends in digital interviewing by following HireVue's social channels: http://www.twitter.com/hirevue, http://www.facebook.com/hirevue, http://www.youtube.com/hirevue

 

SOURCE HireVue

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
No hype cycles or predictions of zillions of things here. IoT is big. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, Associate Partner at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He discussed the evaluation of communication standards and IoT messaging protocols, data analytics considerations, edge-to-cloud tec...
"When we talk about cloud without compromise what we're talking about is that when people think about 'I need the flexibility of the cloud' - it's the ability to create applications and run them in a cloud environment that's far more flexible,” explained Matthew Finnie, CTO of Interoute, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
When growing capacity and power in the data center, the architectural trade-offs between server scale-up vs. scale-out continue to be debated. Both approaches are valid: scale-out adds multiple, smaller servers running in a distributed computing model, while scale-up adds fewer, more powerful servers that are capable of running larger workloads. It’s worth noting that there are additional, unique advantages that scale-up architectures offer. One big advantage is large memory and compute capacity...
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
The Internet giants are fully embracing AI. All the services they offer to their customers are aimed at drawing a map of the world with the data they get. The AIs from these companies are used to build disruptive approaches that cannot be used by established enterprises, which are threatened by these disruptions. However, most leaders underestimate the effect this will have on their businesses. In his session at 21st Cloud Expo, Rene Buest, Director Market Research & Technology Evangelism at Ara...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), provided an overview of various initiatives to certify the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldwide re...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 21st Int\ernational Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to focus on the core of their ...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assista...
SYS-CON Events announced today that Cloud Academy named "Bronze Sponsor" of 21st International Cloud Expo which will take place October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara, CA. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud com...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...
SYS-CON Events announced today that Ayehu will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara California. Ayehu provides IT Process Automation & Orchestration solutions for IT and Security professionals to identify and resolve critical incidents and enable rapid containment, eradication, and recovery from cyber security breaches. Ayehu provides customers greater control over IT infras...
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, discussed some of the security challenges of the IoT infrastructure and related how these aspects impact Smart Living. The material was delivered interac...
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...
In his session at Cloud Expo, Alan Winters, an entertainment executive/TV producer turned serial entrepreneur, presented a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to ma...
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business - from apparel to energy - is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.