Beamery Reports First-Half Growth Despite Pandemic

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Beamery said it saw significant growth during the second quarter, despite the challenges faced by talent acquisition teams because of the Covid-19 pandemic.

The number of new customers signed by Beamery grew during the period, and includes organizations in the financial services, entertainment, technology, pharmaceuticals and defense sectors, the company said.

.@Beamery said it saw strong results during H1, with product usage growing despite the pandemic. #HR #HRTech Click To Tweet

During the first half, use of Beamery’s products increased by 63%, which the company attributed to “transformation of processes and strategies to accelerate toward the future of work.”

In April, Beamery launched a virtual events service, joining a number of recruiting platforms in offering tools to help employers meet candidates in new ways. As distancing requirements disrupted interviews, career fairs and other on-site events, recruiters turned to videoconferencing tools such as Zoom and Google Meet, although many sought solutions that were more tailored to talent acquisition’s needs.

The company has also deepened its relationship with Workday, adding shared capabilities and a number of joint customers. Meanwhile, the company expanded its integrations team and launched connections with Oracle/Taleo, iCIMS and SAP SuccessFactors.

It also launched Spark, a global community focused on data for talent operations leaders.

Since the beginning of the pandemic, Beamery has carefully kept track of how employers respond to changing market conditions. In March, Vice President of Marketing Ben Slater told the HCM Technology Report that the company saw “pretty significant disruption” in the space, but added that many employers were accelerating their hiring to meet new demand, especially in industries like logistics.

Several recruiting platforms say their customers have spent the last several months reviewing their talent acquisition processes and technology and taking steps to improve them ahead of an eventual economic recovery.

In a statement, Beamery CEO Abakar Saidov said the pandemic has “accelerated and amplified digital transformation initiatives.” At many companies, “years of change have been squeezed into a matter of months,” he said.

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