CareerBuilder Strengths, Domain Expertise, and Key Differentiators
CareerBuilder offers HR applications beyond job boards. From candidate sourcing solutions to software that streamlines the recruiting process, its focus is about making the recruitment process simple. On the other hand, WORKTERRA makes HCM easier, less confusing, and more efficient. It’s an easy-to-use, extremely flexible benefits and talent management system that’s cloud-based and built on a platform we designed and continue to enrich through passionate innovation.
CareerBuilder Recent Developments
In December 2020, CareerBuilder Released Product Updates that Illustrate Power of Talent Acquisition Suite and Improve User Experience, New Analytics Dashboard for Customers, Expanded Job Seeker Profile Features Are Among the Updates.
In 2020, CareerBuilder launched SocialReferral, a tool within the HR tech leader's robust Talent Acquisition Suite that reimagines traditional programs for employee engagement and recruiting efforts, to US-based clients. SocialReferral allows companies to create branded social networks that enable employees to create and share content and job postings effortlessly to internal audiences as well as to their external personal networks. This powerful solution builds off the benefits of traditional referral programs while upgrading the experience for today's culture-driven workplaces and socially-connected world.
In October 2019, CareerBuilder is rolling out cutting-edge updates to enhance both the employer and job seeker experience. Built on a foundation of billions of data points and extensive client and user feedback, CareerBuilder's enhanced Talent Discovery Platform enables companies to hire 30% faster, and support job seekers as they determine the next steps in their professional development or look for new opportunities.
CareerBuilder Mergers and acquisitions (M&A) Activities
In 2016, CareerBuilder has disrupted the industry once again with a bold acquisition that will take its business into a whole new arena. CareerBuilder acquired WORKTERRA, an innovator in cloud-based benefits administration and talent management. The purchase will significantly expand CareerBuilder's product offering beyond recruitment into post-hire solutions and complete CareerBuilder's evolution into a full-fledged human capital management company. Terms of the deal were not disclosed.
CareerBuilder Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying CareerBuilder 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 CareerBuilder 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 WorkTerra HCM, CareerBuilder1 customers.
Ownership: - x
Number of Employees: 3300
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K431, 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, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
CareerBuilder Key Cloud and HCM Applications
WorkTerra HCM, CareerBuilder1
CareerBuilder HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2020||2021||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** 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.
CareerBuilder Revenue Breakdown by Type:
|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%|
CareerBuilder HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2021 HCM Revenues, By Sub-Functional Markets, $M
CareerBuilder HCM Applications Revenues By Verticals, $M:
CareerBuilder Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 HCM Applications Revenues, $M|
CareerBuilder Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
CareerBuilder Customers - Breakdown by Geo, Size, Vertical and Product
No. of CareerBuilder Customers: 1000
No. of CareerBuilder HCM Applications Customers: x
No. of CareerBuilder Cloud HCM Customers: x
No. of CareerBuilder Cloud HCM Subscribers: x
Through its recent software investments, it has secured hundreds of enterprise clients. Each month, more than 25 million people visit CareerBuilder’s site to find jobs and get advice. The company uses Salesforce to build relationships with these people — and the employers that might hire them — and ensure a consistent experience through every touchpoint.
CareerBuilder Market Opportunities, M&A and Geo Expansions
In September 2020, CareerBuilder announced several updates to its Talent Acquisition suite, as part of a three-year, $300 million investment. These updates aim to further support the changing needs of companies and job seekers in the current state of The Great Rehire and the long-term future of hiring, by focusing on Talent Acquisition, a $35 billion market that is growing at a rate of 11 percent.In
CareerBuilder appointet Chet Kwasniak as Chief Financial Officer, further strengthening the company's executive team. A leader in innovation for nearly 25 years, CareerBuilder provides HR solutions to help employers find, hire and onboard great talent, and helps job seekers build new skills and progressive careers.
CareerBuilder continues to expand its HCM product portfolio with the 2016 acquisition of Workterra for post-hire software segment, following its purchase of a majority stake in Textkernel in 2015 for its AI-based resume parsing technology.
CareerBuilder Risks and Challenges
Future of CareerBuilder lies not with its multiple owners struggling in an ever-shifting media landscape, but rather it's well-positioned to take better advantage of the HCM applications market trend through a combination of well-timed acquisitions and integration development efforts.
CareerBuilder Ecosystem, Partners, Resellers and SI
In June 2021, CareerBuilder, a Workday (NASDAQ:WDAY) Select software partner, has achieved Workday Certified Integration status. CareerBuilder provides customers with a seamless integration that connects Workday Recruiting with CareerBuilder Talent Acquisition Suite.
In 2020, CareerBuilder is increasing its focus on its core Talent Acquisition platform and driving innovation in the HR tech industry. In support of the strategy, Accurate Background (Accurate), a leading background screening provider, has signed a definitive agreement to acquire CareerBuilder Employment Screening (CBES). Through a strategic partnership agreement, CareerBuilder will continue to offer background screening solutions as part of their Hello to Hire model to clients while shifting investment efforts toward innovations in talent discovery and acquisition. The transaction is expected to close at the end of the first quarter of 2020.
In November 2019, CareerBuilder made a new partnership with WWE to connect with millions of fans worldwidCareerBuilder powers the career sites for more than 1,900 partners, including 340 newspapers. Among CareerBuilder, integration partners are: Taleo, Ultimate Software, iCIMS, Oracle Peoplesoft, Workday, Oracle Responsys, Greenhouse, Jobdiva, Jazz, Avionte, Avature, AKKEN, and many others.
Direct sales with an extensive partner and distribution network.
CareerBuilder Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- CareerBuilder Public Cloud and Infrastructure (IaaS)
- CareerBuilder Platform (PaaS)
- CareerBuilder Application Delivery
- CareerBuilder 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).
For additional information on our methodologies, here's the link:
Copyright © 2022, APPS RUN THE WORLD