HiringThing Strengths, Domain Expertise, and Key Differentiators
HiringThing differentiates itself through several key strengths. Its user-friendly and customizable software allows companies to set up their applicant tracking system quickly, facilitating efficient job posting, resume parsing, and candidate screening. HiringThing's open API and variety of integrations provide flexibility and extend the functionality of the platform. Additionally, the incorporation of AI and ML features supports efficient candidate evaluation and improved hiring decisions.
HiringThing Recent Developments
Recently, HiringThing improved candidate evaluation with Scorecards. This feature captures candidate reviews by hiring managers on specific criteria most important to the role. HiringThing also released a Product Marketplace that enables self-service connections to assessment integrations. We also make regular updates to our Open API, including account-level support for multiple API keys allows for easy key rotation and enhanced tracking.
In April 2023, HiringThing, introduced the release of AI-Enabled Job Descriptions. Their latest product feature lets users leverage OpenAI's GPT technology to write dynamic, professional job descriptions in minutes.
"When the technology exemplified by Open AI's ChatGPT launched late last year, we immediately started brainstorming how to integrate it into our product to help speed up hiring for our clients," said HiringThing Product Director Colette Luke. "Speed is the name of the game in today's competitive hiring landscape—we wanted to see where we could plug in this technology to help our users best." "Writing job descriptions can be time-consuming and cumbersome," said Luke. "The best-performing job descriptions are typically between 300-600 words, which we correctly predicted were a user pain point."
HiringThing surveyed their users and found that 57% of those who answered take over an hour to write a job description—31% of respondents say it takes them 1-2 hours, and 26% report taking more than 2 hours, while another 26% say it still takes them between a half hour and an hour. "The AI Job Description Generator can accomplish this in just minutes," said Luke. "We wanted to empower our users with a tool that will produce quick, efficient, and, most importantly—unique—job descriptions whenever they need. We're confident our users and partners will love our AI-Enabled Job Descriptions."
AI-Enabled Job Descriptions let users create job descriptions directly through the HiringThing applicant tracking system. Users can adjust the description to highlight unique aspects of their company and position, then immediately post the job to start attracting applicants. HiringThing Founder and CEO Joshua Siler feels strongly about embracing the positive benefits of AI technology. "AI is the future of work," said Siler, "Any technology that can help further streamline and strengthen hiring is a no-brainer. It's part of our DNA here at HiringThing to embrace technological advances and think outside the box. We look forward to continually innovating and utilizing new technology to spread Hiring Happiness."
HiringThing Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying HiringThing 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 HiringThing 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 HiringThing, customers.
HiringThing Overview
Ownership: - x
Number of Employees: 50
Functional Market: Recruiting, Applicant Tracking Systems,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, 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,
HiringThing Key Cloud and HCM Applications
HiringThing,
HiringThing HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| 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.
HiringThing Revenue Breakdown by Type:
HiringThing HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
HiringThing HCM Applications Revenues By Verticals, $M:
HiringThing Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
HiringThing Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
HiringThing Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified HiringThing Customers
No. of HiringThing Customers: 5000
No. of HiringThing HCM Applications Customers: 5000
No. of HiringThing Cloud HCM Customers: 5000
No. of HiringThing Cloud HCM Subscribers: x
HiringThing has amassed a customer base of over 5,000 organizations. Notable clients include PrismHR, Rippling, SyncHR, Autopaychecks, National PEO, Speed Queen Laundry, and Chick-fil-A. While a specific breakdown of customers by region is not provided, HiringThing's solutions cater to companies globally.
HiringThing Market Opportunities, M&A and Geo Expansions
HiringThing became a multi-product platform in 2023 with the release of its Employee Onboarding software. The company is well-positioned to capitalize on market opportunities both horizontally and vertically. Horizontally, the company can further expand its product portfolio to address evolving hiring trends and challenges. Vertically, HiringThing has the potential to expand its market reach by entering into untapped markets.
HiringThing Risks and Challenges
While projections indicate the U.S. economy is poised to steer clear of a recession, the labor market is anticipated to remain volatile throughout 2024.
HiringThing Ecosystem, Partners, Resellers and SI
HiringThing has built a robust ecosystem of technology integrations and partnerships. Collaborating with integrated partners such as Accurate Background Checks, Cangrade, Corvirtus, and SkillSurvey enhances the value proposition of HiringThing's software, providing users with a comprehensive suite of recruiting tools. Additionally, the company has established partnerships with various job distribution platforms, including CareerBuilder, Indeed, LinkedIn, and ZipRecruiter, to maximize job visibility and attract top talent. These ecosystem partnerships create network effects, enabling HiringThing to offer a seamless and efficient hiring solution to its customers.
HiringThing Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- HiringThing Public Cloud and Infrastructure (IaaS)
- HiringThing Platform (PaaS)
- HiringThing Application Delivery
- HiringThing Private Cloud and Data Centers
Research Methodology
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:
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ
