TargetRecruit Strengths, Domain Expertise, and Key Differentiators
TargetRecruit offers a comprehensive applicant tracking system that is part of an ecosystem of integrated apps. The solution provides business operations just what they need to be efficient, nimble, and profitable. Built on the Salesforce platform, TargetRecruit modernizes recruiting cycle, from the front office to the back office.
TargetRecruit Recent Developments
In January 2021, TargetRecruit introduced its Fall ’20 product release. This release will enhance TargetRecruit’s enterprise capabilities for staffing and recruiting firms worldwide and will help its customers maximize their investment in the solution.
In June 2020 TargetRecruit released a new version of their Middle Office software. Building on existing product capabilities, the TargetRecruit Middle Office offers customers increased ability to manage timesheets, pay and bill while maintaining all the information centrally. Key features of the release include Expanded Timesheet Management, Invoice Automation, Configuration.
TargetRecruit Mergers and acquisitions (M&A) Activities
In May 2018 Mountview Partners (a family investment firm specializing in vertical niche software) acquired TargetRecruit and the entire TargetRecruit team has been retained. Mountview Partners anticipates accelerated growth for TargetRecruit in coming years, due to the increasing adoption of the Salesforce platform. Recent changes in the marketplace make TargetRecruit uniquely poised to become the preeminent provider of Workforce Management and Applicant Tracking Systems in the Salesforce ecosystem.
TargetRecruit Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying TargetRecruit 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 TargetRecruit 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 TargetRecruit customers.
Ownership: - x
Number of Employees: 55
Functional Market: Recruiting, Candidate Relationship Management, Applicant Tracking Systems,
Key Verticals: Life Sciences, Oil and Gas, Chemicals, Professional Services, Utilities,
TargetRecruit Key Cloud and HCM Applications
TargetRecruit 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.
TargetRecruit 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%|
TargetRecruit HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2021 HCM Revenues, By Sub-Functional Markets, $M
TargetRecruit HCM Applications Revenues By Verticals, $M:
TargetRecruit Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 HCM Applications Revenues, $M|
TargetRecruit Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
TargetRecruit Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified TargetRecruit Customers
No. of TargetRecruit Customers: 300
No. of TargetRecruit HCM Applications Customers: 300
No. of TargetRecruit Cloud HCM Customers: 300
No. of TargetRecruit Cloud HCM Subscribers: x
TargetRecruit has 300 customers some of them are Akkar, Flourish, Juvo resourcing, Kentech, Jobs Garden, Flourish, Kentech, Kronos group, Juvo Resourcing Naos International, WTS Energy, and many others.
TargetRecruit Market Opportunities, M&A and Geo Expansions
In January 2019 TargetRecruit opened its first European headquarter in London. By establishing dedicated operations in Europe, TargetRecruit will be able to ensure a high level of service for its existing and new customers.
In July 2018 TargetRecruit released Lightning – a next generation user interface available from Salesforce (Salesforce Lightning).
TargetRecruit Risks and Challenges
Modifying their suite of solutions for different industries could be a challenge.
TargetRecruit Ecosystem, Partners, Resellers and SI
TargetRecruit is headquartered in Nashville, Tennessee, with offices in Bangalore, India and Europe.
In December 2019 CloudCall (cloud-based software business that integrates communications into CRM platforms) signed a partnership with TargetRecruit the integration will support TargetRecruit as it continues to modernise the workforce management and recruiting cycle, through a host of features including click to call, call recording and access to real-time reporting.
In April 2019 TargetRecruit signed partnership with JobRobotix (data automation software provider). The new partnership empowers TargetRecruit users to import job requests automatically from all VMS platforms and record them as well, which cuts down on manual data entry, reduces errors, and increases speed-to-placement.
In January 2019 TargetRecruit open first European headquarter in London.
In May 2019 TargetRecruit joined the Association of Professional Staffing Companies (APSCo) as an affiliate member. This membership is an assurance that TargetRecruit is committed to providing services to the professional staffing industry across the UK and beyond.
TargetRecruit Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- TargetRecruit Public Cloud and Infrastructure (IaaS)
- TargetRecruit Platform (PaaS)
- TargetRecruit Application Delivery
- TargetRecruit 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:
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