iCIMS Ranks 193 on Inc. 500 List of America's Fastest-Growing Companies
- Software-as-a-Service Provider Attributes Growth to Continued Focus on
Customer Support -
HAZLET, N.J., Aug. 28 /PRNewswire/ -- iCIMS, a leading Software-as-a-Service (SaaS) provider, today announced the company ranked 193 on Inc. magazine's 2006 Inc. 500, a ranking of the 500 fastest-growing private companies in America. Rankings are determined by percentage revenue growth from 2002 to 2005. iCIMS grew 611 percent during this period. A leading mid-market provider of Hiring Management Solutions, iCIMS provides corporations with collaborative Web-based tools that help them attract, screen, and hire the best global talent. With more than 375 worldwide clients to date, iCIMS has grown steadily over the past three years. The company signed more than 60 new clients in 2003, over 80 in 2004, and more than 100 in 2005, fueling iCIMS' position as one of the fastest-growing solution providers in the industry. "iCIMS is honored to be included on this year's Inc. 500," said Colin Day, president and CEO of iCIMS. "We credit this award to our focus on customer support, which distinguishes us from the competition and has allowed us to not only sign new clients, but also retain existing customers." iCIMS has maintained a 97 percent customer retention rate over the past three years and has received near-perfect marks on customer satisfaction surveys during the same time. Day continued, "We have always remained committed to cultivating long-term relationships with our customers and consider our clients our best engineers." The 25th annual Inc. 500 boasts the most diverse mix of companies the magazine has ever compiled, with aggregate revenue of $19.7 billion, up from $16.5 billion last year. This year's list recognized Human Resources as one of the top business categories for growth in 2006. With competition for qualified talent at an all-time high, corporations are turning to HR technology to help them win the War for Talent. Consequently, the demand for configurable, user-friendly technology has increased dramatically in recent years. "iCIMS' ability to provide flexible technology that is backed by superior customer support has been the catalyst for our continued growth," said Day. "Our ranking on the Inc. 500 is a reflection of iCIMS' corporate stability and is indicative of our expected growth in coming years." "If you want to find out which companies are going to change the world, look at the Inc. 500," said Inc. Editor Jane Berentson. "These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can't live without. The Inc. 500 list is Inc. magazine's tribute to American business ingenuity and ambition." About Inc.: Inc., http://www.inc.com, the only major business magazine dedicated exclusively to owners and managers of growing private companies, delivers real solutions for today's innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Inc., a Mansueto Ventures LLC publication, inspires and informs, with cutting-edge coverage that reflects our readers' energy, brashness, and imagination. About iCIMS: iCIMS, Inc. is a provider of Web-based recruitment management solutions for HR and recruiting professionals. iCIMS' iRecruiter is a state-of-the-art Hiring Management Solution that creates a one-stop recruiting resource to streamline internal recruiting operations, saving corporations time and money through integration, automation and collaboration. iRecruiter was ranked as the #1 ATS for 2003, 2004, & 2005 for mid- to large-sized corporations and is consistently recognized by industry analysts as one of the most intuitive and easy-to-use solutions available today. Learn more about how iRecruiter will help your organization by visiting: http://www.icims.com. Trademarks and registered trademarks contained herein remain the property of their respective owners.
SOURCE iCIMS, Inc.
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