Welcome!

Wearables Authors: Mauro Carniel, Rostyslav Demush, Pat Romanski, Shelly Palmer, Yeshim Deniz

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
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
BnkToTheFuture.com is the largest online investment platform for investing in FinTech, Bitcoin and Blockchain companies. We believe the future of finance looks very different from the past and we aim to invest and provide trading opportunities for qualifying investors that want to build a portfolio in the sector in compliance with international financial regulations.
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.
No hype cycles or predictions of a gazillion things here. IoT is here. 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, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and B...
"IBM is really all in on blockchain. We take a look at sort of the history of blockchain ledger technologies. It started out with bitcoin, Ethereum, and IBM evaluated these particular blockchain technologies and found they were anonymous and permissionless and that many companies were looking for permissioned blockchain," stated René Bostic, Technical VP of the IBM Cloud Unit in North America, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventi...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
We are given a desktop platform with Java 8 or Java 9 installed and seek to find a way to deploy high-performance Java applications that use Java 3D and/or Jogl without having to run an installer. We are subject to the constraint that the applications be signed and deployed so that they can be run in a trusted environment (i.e., outside of the sandbox). Further, we seek to do this in a way that does not depend on bundling a JRE with our applications, as this makes downloads and installations rat...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
DX World EXPO, LLC, a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
Digital Transformation (DX) is not a "one-size-fits all" strategy. Each organization needs to develop its own unique, long-term DX plan. It must do so by realizing that we now live in a data-driven age, and that technologies such as Cloud Computing, Big Data, the IoT, Cognitive Computing, and Blockchain are only tools. In her general session at 21st Cloud Expo, Rebecca Wanta explained how the strategy must focus on DX and include a commitment from top management to create great IT jobs, monitor ...
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
The IoT Will Grow: In what might be the most obvious prediction of the decade, the IoT will continue to expand next year, with more and more devices coming online every single day. What isn’t so obvious about this prediction: where that growth will occur. The retail, healthcare, and industrial/supply chain industries will likely see the greatest growth. Forrester Research has predicted the IoT will become “the backbone” of customer value as it continues to grow. It is no surprise that retail is ...