RIVS Strengths, Domain Expertise, and Key Differentiators
RIVS Digital Interviews slashes the time to hire while improving quality by bringing a human element to the forefront of hiring. Its innovative interviewing suite enhances the recruitment and hiring process by improving the time required to qualify and screen candidates. InterviewStream has 900 clients from emerging businesses, midsize companies, large enterprises, colleges, and universities.
RIVS Recent Developments
In 2019, RIVS Inc. received a significant growth equity investment from Houston, Texas-based Clovis Point Capital, LLC (Clovis Point). This investment will help RIVS by enabling the Company to accelerate its growth initiatives. RIVS interview technologies empower recruiters and hiring managers to effectively screen and select applicants to advance in their hiring process.
Video, voice, and written interviews reveal key candidate communication and personality skills earlier on in the selection process, scheduling tools improve the logistics of arranging interviews, and the interview guide builder prepares internal stakeholders for an effective in-person interview. RIVS helps organizations discover top talent while reducing time to hire and costs associated with interviewing.
RIVS Mergers and Acquisitions (M&A) Activities
In October 2017, RIVS acquired HireBar helping talent acquisition leaders drive consistency and compliance in interviews conducted by their broader teams. The acquisition of HireBar allows RIVS to further expand on their interview technology platform servicing over 1,000 organizations worldwide.
HireBar helps talent acquisition leaders drive consistency and compliance in interviews conducted by their broader teams, through dynamically-built interview guides designed to focus on each organization’s unique values and core competencies. With access to HireBar’s interview guide builder, online feedback forms and video-based interview training, organizations can scale their in-person interview process responsibly, supported by the consistent use of appropriate research-based interview questions.
In January 2017, RIVS, the leading provider of video interviewing solutions acquired InterviewStream from Brazos Higher Education Service Corporation, Inc. With the acquisition of InterviewStream, RIVS will have over 900 clients using the technology in over 100 countries and continue to be a driver for corporations to reduce time to hire while creating a consistent branding experience for candidates. The company will have offices in Chicago, IL and Waco, TX.
In September 2015 RIVS acquired Async Interview's well-known interviewing solutions, including offerings for pre-recorded video interviewing, live video interviewing, and audio interviewing. In combination with current RIVS offerings, the resulting suite of services promises to empower organizations large and small to benefit from improved hiring quality and improved hiring speed that results from implementing digital interviews.
RIVS Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying RIVS 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 RIVS 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 RIVS Digital Interviewing SuiteApp, customers.
Ownership: - x
Number of Employees: 55
Functional Markets: Human Capital Management,
RIVS Key Enterprise and Cloud Applications
RIVS Digital Interviewing SuiteApp,
RIVS Revenues, $M:
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|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.
RIVS Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
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RIVS Enterprise Applications Revenues By Functional Markets, $M:
RIVS Enterprise Applications Revenues By Verticals, $M:
RIVS Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
RIVS Direct vs Indirect sales
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RIVS Customers - Breakdown by Geo, Size, Vertical and Product
No. of RIVS Customers: 900
No. of RIVS Enterprise Applications Customers: 900
No. of RIVS Cloud Customers: 900
No. of RIVS Cloud Subscribers: x
The technology is used in over 100 countries and continues to be a driver for corporations to reduce time to hire while creating a consistent branding experience for candidates. Among InterviewStream customers are: Agrium, Santander Consumer USA, The Ohio State University Fisher College of Business, Porter Airlines and many others.
RIVS Market Opportunities, M&A and Geo Expansions
interviewstream's one-way video interviewing platform has already seen a 200% increase in usage in the beginning of 2020, and the company expects that usage to continue to grow as more companies make changes in their day to day operations as a result of the coronavirus.
From March 2020, interviewstream (the "Company") started offering their on demand online interviewing solution for free to companies that are not currently using the product during this time of need. The Company this way support companies and help hiring teams and candidates stay engaged in the hiring process.
Interviewstream's video interviewing software help recruitment and hiring teams discover top talent while reducing their time to hire and costs associated with interviews. Interview on demand, one-way video interviews, speeds up the screening process and allows to reach candidates 24/7, decreasing time spent reviewing resumes by 60%. interview connect, our live video interviews, allows you to connect face to face with remote candidates, saving you 45% in cost per hire.
Interview scheduler automates your interview scheduling process, syncs to your calendar availability, eliminates the back and forth emails and phone calls with candidates, and reduces the amount of time you spend scheduling interviews by up to 84%. interview builder allows you to create simple interview guides that contain business, role, and skill-focused questions from InterviewStream bank of competency questions to ensure your hiring team is evaluating what matters.
RIVS Risks and Challenges
Employee engagement, coupled with candidate relationship management, could be needed to mitigate its reliance on video interview solutions.
In January 2020, Ron Wilson has been named interviewstream's new Chief Executive Officer.Wilson brings a deep background in the technology industry to interviewstream, as well as a proven ability to build and scale fast-growing customer focused teams.
Wilson replaces interim CEO Chris Joseph, Managing Partner at Clovis Point Capital, and joins a leadership team of SaaS veterans including Donna Koppensteiner, Chief Revenue Officer, and Ryan Royal, Chief Technical Officer, both with over 20 years of experience in the B2B world. As a team, Wilson, Koppensteiner and Royal will focus on expanding interviewstream's footprint in the rapidly growing interview technology market by further developing a recruiting platform that simplifies interviews and transforms the hiring process for interviewstream's customers.
RIVS Ecosystem, Partners, Resellers and SI
Building deeper V2 integrations with partners like: iCIMS, Taleo, PeopleAdmin, ADP, CareerBuilder, HR Smart, HRSoft, Work4, HiringThing and many others.
RIVS Cloud Infrastructure Insights
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- RIVS Public Cloud and Infrastructure (IaaS)
- RIVS Platform (PaaS)
- RIVS Application Delivery
- RIVS Private Cloud and Data Centers
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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