After his sell out session at the Job Board Summit 2017, Jobg8 is excited to have Google Cloud’s Tarquin Clark return to the UK to share how Google’s Cloud Talent Solution works to improve the job search experience and hiring process at Europe’s largest gathering of job board leaders.
Our good friend and Job Board Summit keynote speaker Randy Reece from Avondale Partners has provided us some market insights after the Q1 results from LinkedIn and Indeed were reported.
It is safe to say that these two business have become the “powerhouse” of the industry, Randy comments “Indeed had a phenomenal March quarter, reaching revenue of ¥25.6 billion (US$222 million). Revenue grew 82% Y/Y in USD.
Last 12 months, Indeed recorded revenue of $706 million (64% growth). Year-over-year comparisons had been running below 60% growth prior to the impressive March 2016 quarter.”
Keith Robinson, industry commentator adds “It’s also well documented that Indeed are starting to pivot their model from a pure play aggregator into a “solutions” business and the recent launch in the U.S of their Indeed Hire will provide another revenue line.”
Randy is VP and Senior Business Analyst at Avondale Partners, as well as a veteran commentator on the Job Board and Staffing Sectors. He’s one of our keynote speakers and kicks off Day Two, giving an “Analysts Overview of Where We’ve Been and Where are We Going”.
Randy certainly has his finger on the pulse – nine months ago he wrote in one of his analyst reports that the LinkedIn share price was too high! We always find his comments insightful and we’re delighted that he’s joining us in Chicago.