The Company Attributes 231 Percent Revenue Growth to Exceptional Customer Experience and
Measurable Business Impacts of its HireVue Video Interviewing and Assessment Platform
SALT LAKE CITY, November 15, 2018 – HireVue, provider of the most comprehensive AI-driven talent assessment suite and video interviewing solutions, today announced that it ranked number 342 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. HireVue grew 231 percent during this period.
HireVue’s Chairman and Chief Executive Officer Kevin Parker credits exceptional customer experience and the measurable business impact of HireVue’s on-demand video interviewing and AI-driven assessment solution for the company’s 231 percent revenue growth. Parker said, “Our customers are interviewing nearly a million people every 90 days in over 180 countries and in 32 languages. Some of them are interviewing over 1,000 candidates every single day. HireVue is making great strides in our mission to revolutionize and democratize the interviewing process. Our customers are seeing significant business impact, too, including a 55 percent increase in diversity, 10 times productivity increase, $2 million in savings by reducing employee turnover, and $135 million in increased revenue, to name a few. This honor is a testament to the vision and dedication of everyone at HireVue and at our innovative customers like Hilton and Delta Air Lines.”
“Software, which accounts for nearly two of every three companies on the list, continues to produce some of the most exciting technologies of the 21st century, including innovations in artificial intelligence, predictive analytics and robotics,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and Industry Leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “This year’s ranking demonstrates what is likely a national phenomenon, where many companies from all parts of America are transforming the way we do business by combining breakthrough research and development, entrepreneurship and rapid growth.”
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2014 to 2017.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
HireVue is transforming the way companies discover, hire and develop the best talent globally with Hiring Intelligence and its HireVue Video Interviewing platform. Using a groundbreaking combination of industrial/organizational science and rigorously tested, predictive artificial intelligence, customers are hiring higher quality talent, faster. HireVue is available worldwide in over 30 languages and has hosted more than eight million on-demand interviews and one million assessments. Its more than 700 customers worldwide include over one-third of the Fortune 100 and leading brands such as Unilever, Hilton, JP Morgan Chase, Delta Air Lines, Vodafone, Carnival Cruise Line, and Goldman Sachs. For more information, visit www.hirevue.com.
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