Global Applicant Tracking System (ATS) In Higher Education 2017-2021
About Applicant Tracking System (ATS) In Higher Education
ATS are applications that manage recruitment process of an organization. They collect resumes in database and give recruiters an automated process of hiring from sourcing to hiring activities. They filter applications automatically based on given criteria such as keywords, skills, former employers, years of experience, and schools attended. This has caused many candidates to adapt resume optimization techniques, similar to those used in search engine optimization when creating and formatting their resume.
Technavio’s analysts forecast the global applicant tracking system in higher education to grow at a CAGR of 3% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global applicant tracking system in higher education for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Applicant Tracking System (ATS) in Higher Education 2017-2021
Technavio recognizes the following companies as the key players in the global applicant tracking system in higher education: Hirezon, PeopleAdmin, Greenhouse, ApplicantStack, and Automatic Payroll Systems.
Other Prominent Vendors in the market are: Asure Software, Bullhorn, ClearCompany, CloudERP4, and Kronos.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is ATS and background-checking software integration. ATS and background check integrations solve many challenges associated with the screening of global talent. There is an increased need for background checking software, as candidates applying for the role of the staff and the students looking forward to enroll into higher education institutions have complex backgrounds.”
According to the report, one driver in the market is efficient hiring process. The traditional method of hiring and enrolling processes has resulted in many difficulties among colleges and universities. The manual process of hiring takes extended time to fill positions, which is expensive in terms of revenue generation, and there is a large possibility of omitting best candidates and students. These processes are time-consuming and exhibit an inability to measure productivity in terms of profitability and efficient onboarding.
Further, the report states that one challenge in the market is emergence of open source ATS. Open source ATS software are available on the internet for free. They are the biggest challenges to vendors that provide ATS services. This enable institutions to work efficiently without any vendor lock-ins and at a minimum hardware and software costs. Open source software enables colleges and universities to integrate ATS solution with other software such as onboarding, resume parsing, and a background checks software.
Hirezon, PeopleAdmin, Greenhouse, ApplicantStack, Automatic Payroll Systems, Asure Software, Bullhorn, ClearCompany, CloudERP4, and Kronos.