Workforce Management Ranks iCIMS Third Largest Applicant Tracking Solution Provider

Hiring Management Solutions Provider Recognized for Consistent Organic Growth in Independent Study

Hazlet, NJ - iCIMS, a provider of Web-based Hiring Management Solutions, announced that Workforce Management magazine recognized iCIMS as one of the industry's top three providers of Applicant Tracking Solutions in the publication's February 13th issue. The annual study ranks the leading recruitment technology providers by the number of organizations using the vendor's solutions. iCIMS has consistently placed among the top five on Workforce Management's Hot List in each of the past three years.

iCIMS signed more than 100 new customers in 2005, bringing its total client roster to over 325 organizations. Notable new clients include FedEx Services, XM Satellite Radio, New Balance, Yellow Book USA, United Online, and Great American Insurance Company. Many of these new clients leverage iCIMS' iRecruiterä Corporate offering. The highly configurable, scalable Corporate solution is considered ideal for mid-sized organizations with 1,000 to 10,000 employees that face evolving business challenges as they grow.

iCIMS' growth is particularly notable in the ever-changing landscape of the Talent Management industry. The past year was marked by consolidation within the space, allowing several vendors to grow through mergers and acquisitions. iCIMS' success, however, has been purely organic and reflects over 100 new customers that are now taking advantage of the organization's flagship iRecruiterä applicant tracking platform.

"We are excited to be recognized as a leading technology provider, particularly within the mid-market," said Colin Day, president and CEO of iCIMS. "iRecruiterä offers a unique blend of robust functionality coupled with overall platform flexibility, which makes the solution an ideal offering for mid-sized corporations seeking to bridge the gap between basic applications and a traditional enterprise-level talent management suite."

Day attributes much of iCIMS' ongoing success to the company's ability to stick to its "Back to the Basics" business model, which emphasizes the importance of providing client-driven solutions while maintaining excellent customer support. "Our 'Back to the Basics' business model has allowed iCIMS to deliver the Industry's strongest price:value ratio through continued development and improvement of highly configurable, easy-to-use solutions that address the needs of HR professionals," said Day.

iCIMS' continued success in the highly competitive Talent Management industry underscores a developing trend within the space. "Today, corporations are choosing vendors they feel are technology partners to the organization, as opposed to past selection methodologies that focused more on individual features," Day noted. "Consequently, organizations are also performing due diligence on not only the technology, but also the company itself and its business model, when evaluating Applicant Tracking Solutions." Day concluded, "iCIMS has consistently shown the stability and staying power sought by technology buyers, which has helped fuel our rapid customer growth and increase our profit margins. All of this has been accomplished while delivering world-class customer service that has resulted in a customer retention rate of 97 percent."

SOURCE: iCIMS