This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Market Demands For Best-In-Breed Talent Acquisition Suite Drives Customer Count And Revenue In ICIMS' First-Quarter Results

MATAWAN, N.J., April 11, 2013 /PRNewswire/ -- Following a year of revenue increases, product offering expansions, international distribution partnerships, and an acquisition, iCIMS, Inc., a leading provider of Software-as-a-Service (SaaS) talent acquisition software solutions for growing businesses, is reporting great successes in 2013's first-quarter results due to the increasing market demand for a best-in-breed talent acquisition suite. 

(Logo: )

Since iCIMS' first-quarter 2012 announcement about its commitment to providing HR professionals with best-in-breed talent acquisition solutions, the company has increased Net New CMRR by 41%. Within the same timeframe, iCIMS' new sales went up by 50%, growing the client base to over 1,500; with a significant amount of new sales coming from the energy and manufacturing industries. Aside from new sales, an increasing number of current iCIMS customers have been expanding their Recruit product with the company's other two core solutions, Connect and Onboard. Compared to Q4 of 2012, clients purchasing Onboard have increased by 83%. Connect was launched at the end of 2012 and has already exceeded its annual sales targets amongst the existing client base.

"Last year, we decided to take a different route from our competitors and focus on talent acquisition rather than scurry to acquire pieces of a full Human Capital Management (HCM) platform. The market response to our social-enabled talent acquisition suite validates that not only did we make the right decision, but that the world of attracting, hiring, and onboarding new talent deserves its own suite of solutions," said iCIMS CEO, Colin Day. "Unlike other basic applicant tracking systems that are merely spokes of a larger HCM platform, we are able to keep pace with the rapidly changing expectations of the candidate and HR landscape by incorporating the latest technologies, such as social, mobile, and video, in the full pre-hire continuum; from recruitment advertising, to sourcing, to recruiting, and onboarding."

"Talent acquisition can be a complex process that benefits from integration across sourcing, recruiting, and onboarding," said iCIMS Chief Marketing Officer Susan Vitale. "We have created a suite of talent acquisition solutions that handles just that. It has been a hit in the market space as more and more HR professional realize that full HCM platform providers cannot offer what a specialized talent acquisition software company like iCIMS, does so well." 

Other Q1 Highlights Include :

  • Total Talent Platform Clients: Year to date, iCIMS increased customer count by 25% vs. 2012.
  • Vertical Growth: A large percentage of new customers joined the iCIMS family from the energy and manufacturing industries. As compared to Q4 2012, new clients in energy doubled and manufacturing clients increased by 75%. Some recent client wins within these verticals include Frank's International, Inc., Stuller, Inc., and Crane & Co.
  • iCIMS NOW Clients: Year to date, iCIMS doubled the number of clients using its pre-packaged, configurable recruitment software for very small businesses, iCIMS NOW
  • iCIMS Connect: In December of 2012, iCIMS announced the release of the company's newest product, Connect. The latest solution to iCIMS Talent Platform's suite of talent acquisition tools has already exceeded 2013's projected sales numbers by 188%.
  • 2013 HR Hero Series' 12-City Tour:  Following the success of the HR Executive Luncheon Series in 2012, iCIMS announced the kick-off of its HR Hero Series' 12-city tour tailored to HR Executives interested in learning about leveraging social and mobile technology in talent acquisition. Registrations from both potential and existing customers have literally doubled from last year. The tour, which has already made stops in Phoenix, Philadelphia, Baltimore, Orlando, and Austin, continues on to Los Angeles, St. Louis, NYC, and San Francisco in second quarter. 
  • iCIMS Wins Two Coveted Customer Service Awards:

About iCIMS, Inc.:

iCIMS, a leading provider of innovative Software-as-a-Service (SaaS) talent acquisition solutions, is an Inc. 500 and Software Satisfaction honoree focused on solving corporate business issues through the implementation of easy-to-use, scalable solutions that are backed by award-winning customer service. iCIMS' Talent Platform, the industry's premier candidate management solution, enables organizations to manage their entire talent acquisition lifecycle from sourcing, to recruiting, to onboarding all within a single web-based application. With more than 1,500 clients worldwide, iCIMS is one of the largest and fastest-growing talent acquisition system providers with offices in North America, UK, and China. To learn more about how iCIMS can help your organization, visit or view a free online demo of the iCIMS Talent Platform.

Trademarks and registered trademarks contained herein remain the property of their respective owners.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs