Jobvite Strengths, Domain Expertise, and Key Differentiators
The Jobvite Talent Acquisition Suite (“The Jobvite Suite”) is an end-to-end talent acquisition solution enabling companies of all sizes to attract, engage, hire, onboard, and promote the talent needed to succeed. In addition to the core ATS, The Jobvite Suite offers full requisition and applicant management, job marketing and advertising, premium and mobile-optimized career sites, employee referral and internal mobility, CRM, intelligent message automation via text and chatbot, interview/assessment/selection, on-demand video screening, a hiring team mobile app, new hire onboarding, and robust analytics.
For those customers with a legacy ATS, Jobvite offers The Talemetry Recruitment Marketing Platform (“The Talemetry Platform”), a full-featured solution to attract and engage internal and external candidates. The Talemetry Platform integrates directly with third-party ATS systems that manage hiring, onboarding, and retention in order elevate the employer’s brand online and optimize recruiting efficiencies.
Jobvite additionally offers point solutions for Intelligent Messaging (text and chatbot) and Internal Mobility (employee referrals and internal recruiting/promotion). Throughout all of Jobvite’s end-to-end solutions, robust Analytics provide talent acquisition professionals with a view into their performance against industry benchmarks so that they may optimize both strategy and process. Jobvite’s smart automation enables companies to leverage the power of artificial intelligence (in the form of machine learning and natural language processing) to screen, process, and interact with candidates in ways that improve candidate personalization, increase recruiter productivity and reduce expense. Features include applicant tracking, CRM and recruitment marketing, text recruiting, employer branding and social recruiting software solutions for companies to target the right talent, mobile hiring team app to accelerate time-to-fill and improve team collaboration and an onboarding solution to offer a positive new hire onboarding experience and retain talent.
Jobvite Recent Developments
Jobvite has expanded its EVOLVE Talent Acquisition Framework, an end-to-end roadmap for the development of top-performing talent acquisition (TA) teams. The expanded EVOLVE TA Framework builds upon the original, EVOLVE model to provide TA leaders with a more holistic assessment of their talent function’s current state in order to better align people, processes, and technology. The resulting prioritization of efforts drives consensus, increases efficiency, and fuels specific actions that improve business performance.
Jobvite also expanded its Diversity & Inclusion (D&I) offering to help companies build stronger teams and foster lasting change. The Diversity & Inclusion Pack from Jobvite combines its technology and services to help employers attract more diverse talent and greatly reduce the impact of bias throughout the candidate evaluation process.
Jobvite accelerates investment in AI for talent acquisition with the acquisition of Predictive Partner coupled with the launch of the Jobvite AI Innovation Lab. Leveraging predictive analytics, data science, machine learning, and artificial intelligence, the experienced team of Ph.D. data scientists enables clients to deploy and scale data strategies with low risk and high dependability.
Jobvite Mergers and Acquisitions (M&A) Activities
In April 2021, K1 Investment Management purchased and merged Jobvite with JazzHR and NXTThing RPO. The three firms will be combined into a single business with Peter Lamson, CEO of JazzHR, serving as CEO for the combined company.
In July 2020. Jobvite acquired Predictive Partner to accelerate AI innovation for talent acquisition. The combined company has 2,000 customers that include CDW, Ingram Micro, UMass Memorial Healthcare, Genuine Parts, and Panasonic.
At the beginning of 2019, Jobvite and K1 Investment Management made three major acquisitions: Talemetry (which specializes in recruitment marketing); RolePoint (for employee referrals and in-company moves); and Canvas (a text-based conversational bot to get the screening process started). For the first time, this combination enables hiring teams to source, engage, hire, onboard, and retain top talent with one end-to-end platform – delivering a unified candidate experience as well as the most breadth and depth of functionality and data to deliver more predictable hiring results.
Jobvite Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Jobvite applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Jobvite and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Jobvite Platform, customers.
Ownership: - x
Number of Employees: 450
Functional Markets: HCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
Jobvite Key Enterprise and Cloud Applications
Jobvite Revenues, $M:
|Type/Year||2019||2020||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Jobvite Revenue Breakdown By Type, $M:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
Jobvite Enterprise Applications Revenues By Functional Markets, $M:
Jobvite Enterprise Applications Revenues By Verticals, $M:
Jobvite Revenues By Region, $M
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Jobvite Direct vs Indirect sales
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Jobvite Customers - Breakdown by Geo, Size, Vertical and Product
No. of Jobvite Customers: 2000
No. of Jobvite Enterprise Applications Customers: 2000
No. of Jobvite Cloud Customers: x
No. of Jobvite Cloud Subscribers: x
2000 world’s leading brands including small, midsized, and large enterprise companies use Jobvite’s Talent Acquisition solutions. Among the Jobvite customers are Covia.org, CDW, Dent Wizard, Genuine Parts, GroupM, Hulu, Ingram Micro, LinkedIn, Panasonic, Premise Health, Pinterest, UMass Memorial Healthcare, Zappos, and many others.
Jobvite Market Opportunities, M&A and Geo Expansions
Jobvite has joined the Cloud Security Alliance’s (CSA) mission to promote best practices in the provision of security assurance within Cloud Computing environments by completing the Consensus Assessments Initiative Questionnaire (CAIQ). CAIQ offers an industry-recognized method to communicate in which security controls exist in IaaS, PaaS, and SaaS service provider organizations, providing security control transparency through a standardized document.
In 2018, Jobvite launched Jobvite Text, a text recruiting solution, and released several key enhancements like Dashboard Analytics, the Universal Data Connector, and GDPR compliance capabilities, among many other enhancements.
In 2017, Jobvite added enterprise-focused functionalities to support its large and global enterprise customers. It also added Chinese (Traditional), Chinese (Simplified), Swedish, and Italian languages to its globalization support portfolio bringing the total supported languages to 10. Other languages it supports are English, English (UK), French (Canada), French (France), German (Germany), and Spanish (Spain). It also achieved SOC2 Certification at the application level, the highest level of trust and security certification you can obtain in the industry.
In 2016, Jobvite introduced the general availability of Jobvite Onboard as an extension of its Recruiting platform. With the addition of the onboarding solution, Jobvite covers the entire spectrum of recruiting funnel squarely positioning it as the most comprehensive recruiting platform. In 2016 Jobvite also signed a strategic reseller partnership with Halogen (now Saba), which integrates and resells the Jobvite Platform co-branded as part of the Halogen TalentSpace suite.
Jobvite Risks and Challenges
Jobvite’s next phase of growth will be shaped by its ability to enter new vertical markets and geographies worldwide. Positioning Jobvite as the system of record for recruiters and HCM executives requires strategic relationships with C-suite decision-makers, and at the same time increases competitive pressure from both best of breed talent acquisition vendors and HR suites. Greater verticalization and usability, as well as advancements that turn recruiting data into benchmarks and predictive analytics, may well be the key to its long-term success.
Jobvite Ecosystem, Partners, Resellers and SI
Jobvite has a strong and diverse ecosystem of 350+ partners to extend the value of its solutions. Jobvite partnerships span multiple categories including background screening, reference checking, ATS/HRIS/HCM, candidate sourcing, job distribution, candidate assessments and engagement, productivity and 3rd party interview scheduling.
Jobvite recently launched the Jobvite Marketplace to showcase the ecosystem of partners, provide information about its partner solutions and integration capabilities, allow customers and prospects to reach out directly to Jobvite partners to learn more, and enable new partners to apply, enroll and onboard with the Jobvite’s Partner Program.
Jobvite’s Partner Program provides sales, marketing, technical, and training support. Partners receive access and training documentation for Jobvite’s robust set of RESTful APIs, which enable integrations that allow users to enjoy these products and services as part of the Jobvite workflow, without ever leaving the Jobvite user interface.
Specific Jobvite partners include LinkedIn, Glassdoor and Indeed for job distribution, Sterling Talent Solutions, HireRight and Accurate for background screening; and OutMatch and SkillSurvey for automated reference checking. In addition, Jobvite offers integrations with other core HR software systems such as Workday, ADP Workforce Now, and Ultimate Software. HR system integrations allow key hiring data to flow between systems automatically and regularly, keeping Jobvite and other core HR systems in sync in order to streamline workflows and eliminate manual data transfer. SABA Software is an example of a channel partner who sells Jobvite as a co-branded talent acquisition solution to its customers.
Jobvite Cloud Infrastructure Insights
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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