“WANTED Analytics™ significantly improves the sourcing strategy and sourcing process by allowing a company to make intelligent recruiting decisions around where to focus talent sourcing and recruiting activities for maximum chance of recruiting success.
New York, NY (PRWEB) July 19, 2011
WANTED Technologies (TSX-V: WAN), the leading source of real-time business intelligence for the talent marketplace, announced today that it has signed agreements with leading corporate HR organizations to help streamline their recruiting process. The new clients include: Ceridian Canada Ltd., Avanade, Cancer Treatment Centers of America, and talentRISE.
“WANTED Analytics™ significantly improves the sourcing strategy and sourcing process by allowing a company to make intelligent recruiting decisions around where to focus its talent sourcing and recruiting activities for maximum chance of recruiting success,” said Carl Kutsmode, Partner and Recruiting Solutions Consultant for talentRISE. “We also use Analytics™ to help our clients determine where to open their next office location or where to target specific types of difficult-to-find talent by identifying locations where the talent pool is plentiful and easier to recruit with fewer competitors in that market.”
“Our WANTED Analytics™ product makes the recruiting process more efficient, particularly for hard-to-fill positions,” said Bruce Murray, President and CEO of WANTED Technologies. “Our goal is to reduce time-to-hire and recruiting costs by providing real-time intelligence on candidate supply and demand in the marketplace,” Murray said.
The agreements signed in the past several months follow WANTED’s launch earlier this year of its latest generation business intelligence platform, Analytics 3.0™. The new product introduced features that address the needs of recruiters in the corporate and staffing marketplace.
WANTED’s successful development and deployment of services for the corporate sector are part of the company’s broader strategy to diversify and grow its customer base beyond the media marketplace.
“We are the first to organize detailed, real-time information on the supply and demand of talent in the marketplace,” said Murray. “We can pinpoint where there is a large demand for candidates in certain occupations and a limited supply of those candidates. In cases like these, our clients can clearly see that filling open positions will be difficult and time-consuming.”
The WANTED Analytics™ solution is a web-based online dashboard that provides detailed information on which companies are currently hiring. Simultaneously, WANTED Analytics™ also estimates the number of candidates that are available for every opening. Using these tools, recruiters can determine how difficult it will be to find candidates.
Additionally, WANTED Analytics™ also stores a record of every position ever advertised online for the past five years. Recruiters can quickly focus their sourcing efforts on companies that have recruited for specific positions in the past.
WANTED Technologies maintains a data warehouse of more than 600 million online job postings that have been collected since June 2005. The company’s flagship product, WANTED Analytics™ (http://www.wantedanalytics.com) is a “software-as-a-service” solution that provides, for the first time, a platform for recruiters and hiring managers to determine together what kind of employee they should be targeting for hire and how difficult it might be to find such employees. The tools and insight in Analytics help recruiters unlock hidden reserves of candidates for hard-to-fill positions.
In addition, WANTED’s clients in the media, staffing and government sectors use Analytics™ to find sales leads, analyze employment trends, gather competitive intelligence, forecast economic conditions.
Access to a free trial of WANTED Analytics™ is available at http://www.wantedanalytics.com.
About WANTED Analytics™
WANTED Analytics™ helps recruiting organizations make better decisions faster with real-time business intelligence on jobs, employers, and talent. Analytics brings together, for the first time, years of hiring demand and talent supply data to create a true talent intelligence platform for hard-to-fill positions.
Clients in the staffing, HR, RPO, media, and government sectors use WANTED Analytics™ to find sales leads, analyze employment trends, gather competitive intelligence, forecast economic conditions, and source hard-to-fill positions.
WANTED Technologies Corporation
WANTED Technologies (TSX-V:WAN) provides real-time business intelligence for the talent marketplace. Founded in 1999, the company’s headquarters are in Quebec City, Canada, and it maintains a US-based subsidiary with primary offices in New York City. WANTED began collecting detailed Hiring Demand data in June 2005, and currently maintains a database of more than 600 million unique job listings. For more information or to sample WANTED’s services, visit http://www.wantedanalytics.com.
WANTED is also the exclusive data provider for The Conference Board’s Help-Wanted OnLine Data Series™, the monthly economic indicator of Hiring Demand in the United States.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Any statement that appears prospective shall not be interpreted as such.
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