HAZLET, N.J (PRWEB) November 1, 2005
iCIMS, a leading provider of Web-based Hiring Management solutions, today announced that the company ranked number 164 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage revenue growth over five years, from 2000 to 2004. iCIMS grew 1,142 percent during this period.
Colin Day, President and CEO of iCIMS, credits the company’s 97 percent customer retention rate, the signing of a record number of new clients and the award-winning iRecruiter suite of hiring management solutions with iCIMS’ impressive percent revenue growth over the past five years.
“This recognition is a tribute to the hard work of our outstanding team and the ability of our iRecruiter solution to address the present and long-term talent management initiatives of organizations across all industries,” stated Day. “The iRecruiter solution has garnered significant adoption across the U.S. as well as in global organizations. Combined with our strong commitment to customer service, the iRecruiter solution has led iCIMS to become the leading Applicant Tracking Solution provider for the mid-market.”
iCIMS provides recruiters with collaborative tools that help them attract, screen, and hire the best talent, giving them an edge over the competition. iCIMS’ suite of iRecruiter Applicant Tracking Solutions streamlines the entire Hiring Management process in a single, highly flexible, and cost-effective solution. iCIMS currently supports the hiring management needs of more than 275 corporations worldwide, the majority of which leverage iRecruiterä Corporate, iCIMS’ mid-market offering to companies between 500 and 10,000 employees.
“Making the Deloitte Technology Fast 500 is a testament to a company’s commitment to technology and makes a strong statement about the quality of a company’s product and its leadership,” said Tony Kern, deputy national managing principal of Deloitte’s Technology, Media & Telecommunications industry practice. “Because the Deloitte Technology Fast 500 measures sustained revenue growth over five years, being one of the 500 fastest growing technology companies in North America is an impressive achievement. We commend iCIMS for making the Fast 500 list with a phenomenal 1,142 percent growth rate over five years.”
Fast 500 Selection and QualificationsThe Fast 500 list is compiled from Deloitte’s 15 regional North American Fast 50 lists, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 2000 operating revenues of at least $50,000 USD or $75,000 CD for the United States and Canada, respectively, and 2004 operating revenues of at least $1 million USD or CD.
Entrants must be headquartered in North America and must be a “technology company,” defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify.
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names “Deloitte”, “Deloitte & Touche”, “Deloitte Touche Tohmatsu” or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.
iCIMS, Inc. is a leading provider of Web-based Hiring Management Solutions. iCIMS’ flagship product, iRecruiterä, is consistently recognized by industry analysts as one of the most intuitive and easy-to-use solutions available today. iCIMS provides clients with a one-stop recruiting resource to streamline all recruiting operations, saving organizations time and money through integration, automation and collaboration. More information about iCIMS and iRecruiter can be accessed at: http://www.icims.com.
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.