Jacksonville, FL-based Recruitmax said it won a record 83 new enterprise clients last year and recently posted its 33rd consecutive quarter of year-over-year revenue gains. As a result, the company is planning significant infrastructure, service and development investments in 2006 to support rapid growth.
Last year “was a huge success,” said Derek Mercer, the company’s founder and CEO.
Revenues increased more than 75 percent in 2005 from demand for its strategic workforce management software applications. The company showed strength throughout the world with global wins including powerhouses KPMG in South Africa, British Sky Broadcasting, and Singapore Airlines. In North America, it captured such well-known brands as Boeing, Whirlpool, Northrop Grumman, Ann Taylor Stores, and Lehman Brothers. In addition to 83 new enterprise clients, Recruitmax added more than 200 new clients to its small and mid-sized [SMB] product suite.
In the fourth quarter, the company secured a record 29 new enterprise clients, including Culligan International, BCBG Max Azria, Waste Management, and Times Publishing among others. In addition to strong adoption of its recruitment and onboarding software, Recruitmax said demand for its enterprise performance management application is accelerating, made available in April of 2005.