ERE Technology
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The “iTunes” of Recruiting Gets $5 Million
A $5 million investment in a company that charges nothing for its product would seem to have the same shot as a straight bet in roulette. Yet the Mayfield Fund just gave SmartRecruiters a $5 million boost to fund new development in its SaaS-based free ATS. It’s certainly a vote of confidence in the company and the business model launched by Jerome Ternynck. He introduced SmartRecruiters to the SMB market in 2009 when he still owned and ran MrTed, a European ATS company that was entirely... |
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Thinking SaaS? Considering the Cloud? Here’s What You Should Know
Thinking of heading to the cloud in 2012? Everyone seems to be, including some of the biggest HR vendors in the world. Just a few weeks ago, when SAP snapped up SuccessFactors, the buzz was all about the cloud. A similar buzz ensued when Oracle bought RightNow Technologies. Even though Wall Street reacted to the SAP/SuccessFactors deal as if the cloud had just been discovered, the reality is cloud computing has been around almost as long as the Internet itself. What the excitement is about is... |
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SAP Acquires Cloud HR Vendor SuccessFactors
SAP announced this morning that it is buying SuccessFactors for $3.4 billion. The $40-a-share all cash deal is a 52 percent premium over SuccessFactors’ $26.25 closing price Friday. The unusual Saturday announcement made much of the part the acquisition will play in “accelerating SAP’s momentum as a provider of cloud applications, platforms, and infrastructure.” During a conference call Saturday with financial and industry analysts, SAP’s Co-CEO Bill McDermott enthusiastically... |
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QR Codes: The Next Big Thing In Recruiting Technology?
If you are a recruiting leader or recruiter who is constantly on the lookout for new recruiting trends, practices, and tools, you have surely already heard of QR codes. QR codes are a second-generation barcode that allows potential candidates to quickly and directly access supporting materials and websites using only a camera equipped smartphone. QR codes have many uses, but are most often used to direct target audiences to online content that cannot be easily conveyed in print. You can of course... |
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New Tools, SHRM’s Social Media Survey, and More In Today’s Roundup
News about internships, employee referrals, resumes searches, social media recruiting, and a video-oriented job board — it’s all in our roundup, below. Maybe because it’s still new, but companies seem to have a love/hate (or should that be like/unlike) relationship with social media. A SHRM survey out this week says 68 percent of organizations engage in social media activities to reach external audiences. But 43 percent block access to social media on company equipment. Most... |
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Love Writing Boolean Instead of Recruiting? Then Don’t Read This Post
Who doesn’t love writing Boolean search strings? There’s nothing like crafting a Boolean equation to find a software engineer with every single requirement and a few of the “nice-to-haves” only to discover that somewhere in those 193 characters you’ve got a tilde instead of a minus and now your list includes tons of coffee industry IT professionals, who may also know Java. Even writing a perfect Boolean string the first time isn’t quite so satisfying when you... |
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LinkedIn Earns Cheers For Its Useful (and Free) Talent CRM
LinkedIn said there would be surprises at its Talent Connect conference in Las Vegas this week. The company didn’t disappoint. During a keynote session this morning that had more in common with a Hollywood spectacular than sober recruiting kickoff, CEO Jeff Weiner wowed the audience of 1,800 with Talent Pipeline. Now it might be that the biggest applause — and some actual cheering — came when he uttered the magic word Free, as in free for those licensing LinkedIn Recruiter. But,... |

