Industry Leaders Use Eliyon to Cut Through Online Clutter and Research and Recruit Job Candidates Faster and Less Expensively
March 13, 2003 - Cambridge, Mass. -- Eliyon Technologies today announced three additional industry leaders have joined its client roster. The company's newest clients have subscribed to Eliyon's rapidly growing database containing profiles of executives, managers and other professionals. They will use the company's service as a foundation for their recruiting and staffing efforts. Eliyon's database currently contains information on more than 13 million professionals, with over 450,000 new profiles added monthly.
Eliyon's newest clients are:
In the 12 months since Eliyon launched its service over 150 companies have subscribed. This includes 24 customers currently ranked as Fortune 500 companies.
Many of Eliyon's clients already use resume databases from Monster, HotJobs, CareerBuilder and other providers. However, these databases contain information on active candidates seeking entry- and mid-level positions. In contrast, Eliyon provides extensive coverage of mid- and executive-level candidates who likely aren't listed in resume databases. According to industry statistics, only 14 percent of business professionals are actively searching for a new position at any moment. Eliyon's service provides access to the much larger field of "hidden," or passive, candidates, i.e. the 86 percent of professionals who aren't actively searching for new positions.
Eliyon counts many Fortune 500 companies as customers including Microsoft, AOL Time Warner, IBM and Staples, as well as numerous smaller firms. Businesses use Eliyon's service to support their recruiting efforts, as well as for sales prospecting, competitive research and more. For recruiters, the service reduces costs by helping in-house staff dramatically curtail research time and take on many search projects they had previously outsourced.
Eliyon's technology continually scans millions of individual Web sites, press releases, electronic news services, SEC filings and other online sources. From this material, it automatically extracts biographical and other data on business professionals. Data found on individuals already in Eliyon's database updates and supplements its existing profiles. Eliyon automatically creates new profiles as it identifies new professionals for inclusion.
Eliyon users in turn search for candidates using a number of diverse criteria, such as their titles and education, as well as size, nature and location of the firms for which they've worked. Users can also search for candidates from a specific company, enabling them to target professionals working for competitors.
"Our reputation as a 'must-have' tool continues to grow rapidly among top companies in need of the best talent, freshest research and most qualified sales leads," said Jonathan Stern, Eliyon's President and CEO. "Eliyon cuts through the clutter of the Internet to deliver the world's largest repository of information on U.S. executives and companies. That so many have recognized its value so quickly is a strong validation of our service."
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