May 10, 2012
Rapid Adoption of HireVue’s Trailblazing Digital Interviewing Solutions Continue as Company Celebrates Most New Client Relationships in a Single Quarter
SALT LAKE CITY, Utah (May 10, 2012) – HireVue, providers of an amazing new way to interview – on demand – today announced results for its first quarter, ending April 30, 2012. During the quarter, the company reported year over year sales growth in excess of 300 percent, 25 new enterprise customers, 20 renewals, new strategic alliances, and introduced the world’s first mobile interviewing app.
Building upon the substantial growth experienced throughout the previous fiscal year, HireVue began the first quarter of 2012 with exceptional results. Breaking several company records for individual quarter performance, during Q1, the company signed its highest number of multi-year contracts, had the most net new clients join HireVue’s roster of valued customers, and experienced the greatest number of expansions and renewals in a single quarter. The company also added world-class talent to its engineering, support, professional services, sales and marketing teams.
Companies often become overwhelmed by applicant volume in today’s hyper social recruiting environment, creating a critical screening and selection bottleneck in the recruiting process. HireVue’s industry leading solutions – Digital Interview Platform™, On Demand Interviews™ and the recently released HireVue App™ – help organizations replace inefficient phone screens and bad interviews with consistent, high-quality digital interviews. With HireVue, employers are able to screen and interview up to ten times faster, nine times cheaper and 100 percent better than outdated interviewing methods.
“Digital interviewing promises to forever change the business landscape for the better, and we are proud to be at the forefront of this growing market,” said David Bradford, CEO of HireVue. “In this first quarter, some of the world’s most powerful brands have recognized the value of our groundbreaking platform, resulting in record-setting performance. We look forward to maintaining this remarkable momentum and to working with employers who wish to modernize how they select and manage talent.”
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 2011, 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
April 30, 2012
The King of Digital Interviewing Welcomes the King of Interviewing to Advisory Board
SALT LAKE CITY, Utah (May 1, 2012) – Have you ever wondered what it would be like to sit across a desk from the King of interviewing? Now you can find out. Legendary television and radio host, Larry King has joined digital interviewing provider, HireVue’s new advisory board. The well-known personality, former host of Larry King Live, co-founder of Ora.TV and one of the world’s best interviewers joins the advisory board to help evangelize the value of digital interviewing and position HireVue as an industry leader.
HireVue recently established its advisory board to help guide the direction of the company and its ground-breaking solutions as it expands its presence in the market. King is the first of several high-profile advisors to accept HireVue CEO, David Bradford’s invitation to help shape the future of digital interviewing.
“The business of interviewing is tough, which is why I see the value in giving businesses a way to ensure their resources are invested in those individuals who are right for their company,” said King. “The team at HireVue has created innovative products that revolutionize the way employers evaluate and identify the best talent. As a member of the advisory board, I plan to help the company continue to grow and accelerate its success.”
King is perhaps best known as the former host of Larry King Live, CNN’s most watched and longest running program, with more than one million viewers nightly. As host, King has sat across from some of the world’s most influential political leaders, celebrities, innovators and personalities. No stranger to taking interviews on the road, King has conducted interviews at the White House, from guests’ prison cells, their homes and other unique locations. Master of the art, he is known for booking some of the most difficult guests to reach and providing an interview that truly showcases the interviewee.
His new venture, Ora.TV, is an online, on-demand network that will launch later this year to provide high-quality video programming for phones, tablets, connected television and other devices. Founded by King and Carlos Slim Helú, the network will be home to King’s trademark interviews with the world’s leading voices.
“HireVue created the advisory board to help us continue to improve the interview process and bring new value to our customers,” said Bradford. “Larry King is regarded as a pioneer in the broadcasting field and has mastered the interview across all media – print, radio, and TV; it’s only natural that digital and On Demand would be his next steps! We’re honored to have Larry join us and look forward to the invaluable insight he will provide.”
King recently participated in a HireVue On Demand Interview where he shared his experiences and insights on interviewing. Employers and candidates can see and hear what King’s favorite interview question is by visiting: http://new.hirevue.com/company/blog/contributors/larry-king/.
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 2011, 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! www.hirevue.com
Keep a pulse on emerging trends in digital interviewing by following HireVue's social channels:
www.twitter.com/hirevue
www.facebook.com/hirevue
www.youtube.com/hirevue
March 12, 2012
HireVue Reports Triple Digit Annual Sales Growth, 70 New Enterprise Customers and Rapid Adoption of Digital Interviews in Latest Fiscal Year
SALT LAKE CITY, Utah (March 12, 2012) – HireVue, providers of an amazing new way to interview – on demand – today announced details of its 2011 fiscal year (FY11), which ended January 31, 2012. During FY11, HireVue reported triple digit sales growth, 70 new enterprise customers, 83 renewals, numerous product enhancements, several strategic alliances, and an industry-leading Net Promoter Score (NPS) exceeding 40 percent. Most importantly, HireVue helped customers achieve significant business success – increasing workforce productivity and quality while slashing interview time, costs and hassle.
“This has been a tremendous year for HireVue, as we’ve experienced significant sales growth, amplified our team of experts, and emerged as a leader in the digital interviewing market,” said David Bradford, CEO of HireVue. “Employers have so much to gain by efficiently and rapidly evaluating talent faster than their competition. With HireVue, employers can save huge costs by avoiding bad interviews which waste time and valuable management resources.”
Company Growth
Defining a category that touches every candidate, manager and company on a daily basis, HireVue has emerged as a leader. Adding more than 70 new enterprise customers to its already impressive roster, the company reported 460 percent sales growth in FY11. New customers include: Aetna, Bloomberg, Cardinal Health, CARFAX, ConocoPhillips, Dunkin’ Brands, Hammer Haley, Hard Rock Cafe, Hasbro, HealthSouth, Ryder, Suncor, Warner Chilcott, and many more. The company also reported 83 renewal and upsell transactions with existing customers who continue to expand adoption of digital interviews.
Now employing more than fifty resources across the country, HireVue has added several key leaders to its bench of digital interviewing experts including VP of Engineering, Loren Larsen; chief marketing officer, Kevin Marasco; and most recently, the company’s chief executive officer, David Bradford. Most well-known for accelerating the growth and performance of game-changing organizations – most recently Fusion-io – Bradford has led the company since November 2011. With this organizational growth, the company has positioned itself to meet growing demand for digital interviewing solutions, and continues to develop ground-breaking innovations that keep up with communication trends and clients’ needs.
Solution Advancements
In FY11, HireVue introduced its new and improved Digital Interview Platform™ and On Demand Interviews™ to help organizations interview up to ten times faster, nine times cheaper and 100 percent better than traditional interviewing methods. The company’s innovative On Demand Interviews provide companies with a web- and video-based screening method.
“We love this innovation. At the end of the day, it makes Staffing and Human Resources look good to the rest of the organization and to our candidates,” said Erik Hildebrandt, Director of Staffing and Human Resources for Warner Chilcott. “With HireVue our recruiters aren’t spending their time doing less work; they’re spending their time doing the right work.”
On Demand Interviews deliver deeper insight to candidate’s skills sooner and help ensure employers invest their resources advancing only those candidates who are best fit for the position and company. In October 2011, HireVue added features to its solution to help recruiters and hiring managers experience the benefits of the digital interviewing platform – such as interview guides with configurable workflow, question and probe libraries, and collaborative rating and feedback features – for phone and in-person interviews as well.
HireVue achieved Section 508 compliance in October, making the company’s digital interviewing solution the first available with this accreditation. Enacted by Congress to eliminate barriers in information technology, Section 508 aims to make new opportunities for those with disabilities and encourages development of technology that helps achieve this goal. This accreditation recognized the opportunities HireVue’s technology allots to those individuals who are hearing or visually impaired. Through 508 compliance, HireVue’s digital interviewing solutions also became available to a new market that requires this accreditation – federal agencies.
Accolades for HireVue
Consistent with the company’s dedication to providing a positive experience to candidates and employers alike, HireVue has achieved an impressive Net Promoter Score (NPS) exceeding 40 percent. NPS is based on the fundamental perspective that company performance can be determined by how likely a customer is to recommend the company to a friend or colleague. A high NPS, such as HireVue’s, is indicative of positive company performance and high customer loyalty.
Also remarkable, HireVue’s Digital Interview Platform was named a Human Resources Product of the Year by Human Resource Executive Magazine for the second time in the past three years. Selected for its game-changing impact on the interview experience, HireVue was honored during the 14th Annual HR Technology Conference & Expo in Las Vegas, Nev. in October, and was featured in Human Resource Executive.
Industry Trends
According to HireVue’s annual data, average weekly digital interview volume increased by nearly 500 percent during FY11. The number of interviews requiring webcam shipments decreased significantly during the year to less than ten percent. HireVue’s Digital Interview Platform™ continued to be adopted by organizations of all sizes and industries in both public and private sectors. Digital interviews were done in over 130 countries. On a percentage basis, On Demand Interviews increased while live video, phone and in person interviews decreased. In addition to professional, executive, retail and college recruiting, customers have begun experimenting with additional use cases including internal mobility, training and leadership development.
Strategic Vision for FY12
Maintaining a history of developing transformative interview technology, HireVue has already begun a revolutionary FY12. In February the company announced its newest solution – HireVue App™, the world’s first digital interviewing app for iOS mobile devices. The new app leads the way in place-shifting the interview experience, offering candidates another quick and convenient method for completing their HireVue On Demand Interviews – from their iPhones® and iPads® – and giving employers access to a more expansive and diverse candidate base around the globe.
As FY12 progresses, HireVue plans to continue to improve its digital interviewing solutions, providing updates that will expand its impact in the market. The company also plans to develop its employee base to support product advancement and customer needs as demand increases and new trends surface.
“The HR technology industry has experienced much consolidation and refinement over the past year. It’s truly exciting to be one of this space’s innovators, to be trailblazing a market, and to be emerging as a game-changing leader,” Bradford commented. “As we look to the coming year, we’re well-positioned for additional growth, and will continue to improve the way people collaborate and interact. Our goal is to make the archaic offline business process of interviewing a hundred times easier, and fun!”
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 2011, 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
February 27, 2012
Interview Anywhere! HireVue Introduces the World’s First Mobile Interviewing App
Digital Interviewing Leader’s Apps for iPhone and iPad Allow Candidates to Take Interviews On The Go, Anytime, Anywhere; Now Available on the App Store
SALT LAKE CITY, Utah (February 28, 2012) – HireVue, providers of an amazing new way to interview – on demand – announced today the release of the HireVue App™ for iPad® and iPhone®. The new apps help companies accelerate recruiting and improve their candidate experience, enabling candidates to complete digital interviews at their convenience using iPhones and iPads. Recognized as a trailblazer in HR technology, HireVue is the first digital interviewing provider to offer this mobile solution.
HireVue’s innovative video-based On Demand Interviews™ have led the way in time-shifting the interview experience, providing candidates and employers with the ability to complete and review interviews at any time. The HireVue App now leads the way in place-shifting the experience, offering candidates another quick and convenient method for completing their HireVue digital interviews from anywhere – using their iPhone or iPad. The app also allows employers to reach a more expansive and diverse candidate base around the globe, some of which may not have regular access to computers.
“Top talent is always in demand, and providing candidates with an innovative, unique interview helps companies support a stellar employment brand,” commented HireVue’s CEO, David Bradford. “Nielsen’s recent State of Mobile report shows that smartphone ownership has more than doubled in the past two years and mobile video consumption has increased 35 percent in the last year. With reports that Apple sold more iOS devices in the last year than it sold computers in the company’s history, HireVue App will help our customers meet a vastly growing base of candidates where ever, whenever and however it’s most convenient for them.”
When selected for a digital interview, candidates simply access the app from their interview invite email and complete the interview at anytime, anywhere using the built-in camera and microphone of their favorite mobile Apple device. Candidates can also learn more about the organization by watching employment branding videos, as well as introductions and thank you videos from the hiring manager and recruiting team.
“Our recruiting benchmark research has found that mobile access to systems for interacting with candidates is important in 57 percent of organizations,” said Mark Smith CEO and chief research officer of Ventana Research. “HireVue’s approach to embracing smartphones and tablets like Apple iPhone and iPad is a significant advantage for those organizations who are looking to reduce the time to hire that our research finds is a top-ranked recruiting metric in 53 percent of organizations.”
Using HireVue’s other mobile solutions, employers have been able to access the company’s Digital Interview Platform™ – which allows them to review, compare and evaluate On Demand Interviews – from their favorite mobile devices. Empowering employers with deeper insight sooner, HireVue’s platform improves management of all interview types – including video, in person, and phone-based interviews. Recruiters and hiring managers can watch, replay, rate and share interviews online, from their desks and mobile devices; and now candidates can easily complete their interviews using iPhones and iPads, too!
For more information on HireVue App, visit: {page_125}
To download HireVue App for iPhone or iPad from the App StoreSM, visit: http://itunes.apple.com/us/app/hirevue/id492573020?mt=8&ign-mpt=uo%3D2.
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 2011, 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
February 07, 2012
Mark Newman Named to Utah Business Forty Under 40
HireVue Founder, Chief Innovation Officer and Digital Interviewing Pioneer Recognized for Creating a Successful Disruptive Technology and for the Advantages He Brings to Utah
SALT LAKE CITY, Utah (February 7, 2012) – HireVue, providers of an amazing new way to interview – on demand – announced today that the company’s founder, Mark Newman, has been named to Utah Business magazine’s 2012 Forty Under 40 list. Newman – who was recently appointed chief innovation officer of HireVue – is featured with his co-honorees in the February 2012 issue of Utah Business and will be celebrated at a special awards luncheon and networking reception later this month.
The Utah Business magazine Forty under 40 program recognizes professionals under the age of forty who have climbed the corporate ladder quickly, achieved tremendous success by becoming a standout in their field, demonstrated exceptional leadership qualities, created a disruptive technology with major impact, or created a market or industry for a new product with high levels of success. Newman and the program’s nominees were judged using criteria of leadership ability, community involvement, notable achievements, business and personal philosophies and the advantage brought to Utah.
Commenting on the secrets to his success, Newman said, “You have to have strong vision and be able to find, assess and convince the best people in the market to join your cause. Being able to hire great people – who aren’t afraid of imagination and experimentation – is key to getting things done. That’s what makes HireVue such a success, and what makes our solution such an amazing business tool. I’m honored that Utah Business has recognized its impact on Utah and its ability to help businesses recruiting the best talent in the world.”
As HireVue’s founder, Newman introduced the world to HireVue’s innovative Digital Interview Platform™ and On Demand Interviews™, improving the job interview experience and helping businesses more efficiently identify and hire top talent. Under his direction, HireVue raised venture capital from premier investors, developed game-changing products and more than quadrupled its customer base. The company’s solution has provided services in more than 130 countries to organizations ranging from executive recruiters to Fortune 50 firms, and was named a Human Resource Executive Magazine Top HR Product in both 2009 and 2011.
In addition to growing the company, Newman led recruiting efforts to build a world-class management team. As HireVue’s new chief innovation officer, Newman works with customers in the field to evangelize the benefits of digital interviewing, and with the company’s development team on breakthrough interviewing.
Outside of HireVue, Newman volunteers his time as a mentor to the Boy Scouts of America, among other organizations. He earned his bachelor’s degree in International Business from Westminster College, where he began developing the concepts for HireVue’s solutions as an undergraduate, and later received a master’s degree in Finance from the David Eccles School of Business at the University of Utah.
David Bradford, technology industry luminary and HireVue’s new CEO, noted, “Mark is an extraordinary entrepreneur, and his vision is what has driven HireVue’s innovation, fundamentally creating a digital interviewing category and changing the world of human talent acquisition and interviewing for businesses across the globe. It’s a pleasure to work with and learn from this brilliant innovator, and it’s no surprise that Utah Business has recognized Mark for his contributions to Utah and to the industry.”
The Utah Business Forty Under 40 awards luncheon will be held on February 29, 2012 at the Little America Hotel in Salt Lake City, Utah. Registration and additional information on the event and recognition program are available at http://utahbusiness.mediaoneutah.com/events/register.php?eventid=28.
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 2011, 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
