OutMatch Achieves Rapid Customer and Revenue Growth, Driven by Predictive Analytics That Transform the World of Work
Acquisition of culture analytics firm Pomello, launch of innovative platform, and multiple industry recognitions highlight breakthrough year in 2017 and position company to expand in 2018
OutMatch, a leader in delivering actionable predictive analytics to build world-class workforces, today announced it achieved significant growth in both customers and revenue during a breakthrough year in 2017. And, fueled by the acquisition of a leading culture analytics firm, launch of its robust new platform, and prestigious recognitions for the company and its executives, OutMatch is well positioned to scale new heights in 2018 and beyond.
The addition of more than 60 new clients included recognized companies within each of the key industries OutMatch serves: retail, restaurant, hospitality, healthcare, and property management. That increase, combined with an impressive net client retention rate of 98 percent, helped drive double-digit year-over-year recurring revenue growth.
“Our mission is to transform the world of work for companies across an increasingly competitive landscape. The milestones we achieved in 2017 demonstrate we are succeeding,” said Greg Moran, President and CEO of OutMatch. “More importantly, we are primed to deliver an expanding portfolio of innovative solutions that enable companies to build the right teams, work smarter, and grow the bottom line.”
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The year saw the introduction of the new OutMatch platform, which delivers the industry’s richest predictive and actionable workforce analytics through access to an unmatched data set. Nearly 20 million scientifically proven candidate assessments were completed to fill positions at over 200,000 locations. And, 2017 was also highlighted by the acquisition of Pomello, an analytics solution provider that helps companies understand and hire based on their unique CultureDNA™, and improve employee engagement.
In terms of recognitions, OutMatch was ranked among the world’s top HCM software vendors in Apps Run the World’s HCM Top 500 Market Report. President and CEO Greg Moran was selected by EY as a finalist for the Entrepreneur of the Year® 2017 Award in the Southwest region, and Chief Analytics Officer Carol Jenkins was chosen by Dallas Business Journal to receive the North Texas Women in Technology Award. Also, the company continued to build a world-class executive team with the addition of Zack Birkelbach as Vice President of Client Success.
OutMatch experts and scientists were visible as invited keynote and panel speakers at a host of high-profile conferences throughout the year, including the Recruiting Trends & Talent Tech Conference, SHINE 2017 Senior Care Human Resources Executive Summit, the Talent Management Alliance’s 2017 Talent Acquisition Summit and 2017 Healthcare Recruitment Summit, and SIOP 2017. Further, OutMatch produced case studies that revealed significant gains in hiring and employee retention, along with cost savings, generated at companies including Chili’s Grill & Bar, American Blue Ribbon Holdings, Acceptance Insurance, GroupM, and Linium Recruiting.
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The company also undertook several new initiatives to support the community, highlighted by its first-ever #OutMatchGives social media campaign, with donations benefitting Texas Scottish Rite Hospital for Children.
OutMatch assists large, decentralized organizations with high-volume hiring needs in making better hires and developing great employees, working with companies in the hospitality, restaurant, retail, healthcare, and property management industries. Its client list includes recognized names such as American Airlines, Adidas, Brinker International, HCA Healthcare, and Hyatt, among others.
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