Welcome!

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.

Latest Stories
"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...
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, discussed how data centers of the future will be managed, how the p...
"NetApp is known as a data management leader but we do a lot more than just data management on-prem with the data centers of our customers. We're also big in the hybrid cloud," explained Wes Talbert, Principal Architect at NetApp, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"We're focused on how to get some of the attributes that you would expect from an Amazon, Azure, Google, and doing that on-prem. We believe today that you can actually get those types of things done with certain architectures available in the market today," explained Steve Conner, VP of Sales at Cloudistics, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
It is of utmost importance for the future success of WebRTC to ensure that interoperability is operational between web browsers and any WebRTC-compliant client. To be guaranteed as operational and effective, interoperability must be tested extensively by establishing WebRTC data and media connections between different web browsers running on different devices and operating systems. In his session at WebRTC Summit at @ThingsExpo, Dr. Alex Gouaillard, CEO and Founder of CoSMo Software, presented ...
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, introduced two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a multip...
"We work around really protecting the confidentiality of information, and by doing so we've developed implementations of encryption through a patented process that is known as superencipherment," explained Richard Blech, CEO of Secure Channels Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, discussed how by using ne...
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, provided a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to oper...
"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...