Textkernel Strengths, Domain Expertise, and Key Differentiators
Textkernel specializes in semantic recruitment technology delivering highly accurate multilingual CV parsing (resume parsing) and semantic search & match software. Each HR application of Textkernel accelerates and improves the process of matching demand and supply in the job market. The combination of all products, linked to your existing systems, will give you an unprecedented lead. This applies to all organizations engaged in filling vacancies or finding vacancies for others or for themselves.
Textkernel Recent Developments
In July 2018, Textkernel launched Jobfeed in Bullhorn, the cloud computing company that helps staffing and recruiting organizations transform their businesses. Textkernel’s Jobfeed, newly released in Bullhorn, gives recruiters unparalleled access to the entire online job market for lead generation, competitive insight, and labor market analytics. In 2018 Textkernel grow its team with 17 new talents and in January 2019 Textkernel welcomed 5 more colleagues. After more than a decade of R&D in the field of artificial intelligence (AI), machine learning, and natural language processing, In February 2018, Textkernel reached a breakthrough inaccuracy with the successful application of Deep Learning to its CV parsing algorithm: Extract! 4.0. The Textkernel engineering team has powered many new languages for Extract.
Textkernel Mergers and Acquisitions (M&A) Activities
In November 2021, Textkernel strengthened its position as a provider of search and match technology through the add-on acquisition of US-based AI company Sovren.
In September 2020, Textkernel unveiled a change in the ownership of the company, as CareerBuilder sells its ownership in the company to the Dutch investment firm, Main Capital Partners.
Textkernel Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Textkernel 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 Textkernel 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 Textkernel for CV Parsing, customers.
Ownership: - Main Capital Partners
Number of Employees: 145
Functional Markets: HCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K572, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Textkernel Key Enterprise and Cloud Applications
Textkernel for CV Parsing,
Textkernel Revenues, $M:
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* 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.
Textkernel Revenue Breakdown By Type, $M:
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Textkernel Enterprise Applications Revenues By Functional Markets, $M:
Textkernel Enterprise Applications Revenues By Verticals, $M:
Textkernel Revenues By Region, $M
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Textkernel Direct vs Indirect sales
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Textkernel Customers - Breakdown by Geo, Size, Vertical and Product
No. of Textkernel Customers: 1000
No. of Textkernel Enterprise Applications Customers: 1000
No. of Textkernel Cloud Customers: 1000
No. of Textkernel Cloud Subscribers: x
With fully Deep Learning powered CV parsing solution (Extract! 4.0). Textkernel customers benefit by having even more accurate data in their systems and better search results due to the improved extraction. Over 1,000 companies all over the world use Textkernel software. Some of them are Oliver James Associates, Rabobank, Hire Road, Randstad, Monster, Antal International, and others.
Textkernel Market Opportunities, M&A and Geo Expansions
In addition, to resume parsing, Textkernel is also involved in projects that involve information extraction, web mining, and semantic searching and matching.
Textkernel Risks and Challenges
March 2018, Textkerner has strengthened or weakened its senior management team, appointing Maciej Hoch and Guus Meijer as CTO and COO. Earlier in 2015, CareerBuilder acquired a majority stake in Textkernel. The move could lead to greater integration between Textkernel and CareerBuilder, perhaps at the expense of other job boards.
Textkernel Ecosystem, Partners, Resellers and SI
In July 2021, Textkernel and Tracker, a leading provider of cloud-based Recruitment, Applicant Tracking, and CRM software, unveiled a new partnership allowing Tracker clients to place more of their sourced candidates and optimize the staffing cycle.
Textkernel partnered with Sense to streamline sourcing and maximize placements. The new integration enables staffing professionals to source and matches candidates and jobs more quickly and effectively, automating candidate outreach and engagement. The streamlined integration saves recruiters valuable time, increases placement activity, and ensures the most qualified candidates from Bullhorn are contacted with the right information.
Textkernel first started working with CareerBuilder as a market analysis partner for the United States, and their partnership continues to strengthen in the coming years.
Textkernel 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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