Yoh Exchange Revenue Continues to Grow in Fifth Year.The Yoh Exchange Grows to $197 Million in Revenue in Five Years, Proving the Value of Automated, High-Impact Talent and Recruiting Services PHILADELPHIA -- Yoh, a leading provider of high-impact talent and outsourcing services, today announced the company's innovative recruiting and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. (HR) management portal, the Yoh Exchange, has grown to a total of $197 million in revenue in its fifth year, boasting a 34-percent average year-over-year growth since 2002. The Yoh Exchange, a leading VMS (1) (Virtual Memory System) A multiuser, multitasking, virtual memory operating system for the VAX series from Digital. VMS applications run on any VAX from the MicroVAX to the largest unit. See OpenVMS. tool, was first introduced in 2001 and integrates Yoh's talent services with its customers' hiring logistics to automate the recruiting and management of staffing resources. The platform has helped Yoh create a social network of interaction between its staff, consultants, and suppliers. Today, the Yoh Exchange has become the online recruitment resource for many of America's leading companies in all industries. "Based on our market research and the emerging online trends we saw a few years back, we felt strongly that this could be a helpful tool for our customers," says Jim Lanzalotto, Vice President of Strategy and Marketing of Yoh, a Day & Zimmermann unit. "As we've seen significant and consistent revenue growth throughout the past five years, we now know we were right in developing this technology. We will continue to invest in this platform by keeping the Yoh Exchange as the centerpiece of our technology strategy, and accelerating our customers' success by optimizing their business processes." The success of the Yoh Exchange is evidence that Yoh brought the right mix of content, commerce, and community to its customers, employees, and talent suppliers. Developed in an alliance with SAP[R], the Yoh Exchange uses the power of the Internet to seamlessly deliver staffing planning, policy, and profile management tools, talent management, and on-site customer support in an easy to use, end-to-end, online HR solution. Today, more than 4,000 consultants, partners, hiring managers, and HR managers use the eBusiness solution for weekly payroll, invoicing, and customer cost reporting, and to reduce staffing costs. Powered by SAP NetWeaver[R], SAP[R] R/3[R], and mySAP[TM] CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. , the Yoh Exchange has received several of the ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. and HR staffing industry's top awards, including the 2004 SAP Users' Group A users' group (also users group or user group) is a type of club focused on the use of a particular technology, usually (but not always) computer-related. (ASUG ASUG America's SAP Users' Group ASUG Australian Shipping User Group ) Impact Award and an American Staffing Association The American Staffing Association was founded in 1966 to be the "voice" of the staffing industry in the United States. Its members operate more than 15,000 staffing offices nationwide and account for more than 85% of staffing industry sales. Communications Award. ABOUT YOH Yoh is one of the largest providers of talent and outsourcing services to customers in the United States. With over 380 million USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. in total sales, Yoh operates from more than 75 locations, and provides long- and short-term temporary and direct placement of technology and professional personnel, as well as managed staffing services, for the information technology, scientific, engineering, health care, and telecommunications communities. For more information, visit Yoh.com. Yoh is part of Yoh Services LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a Day & Zimmermann Company. ABOUT DAY & ZIMMERMANN Day & Zimmermann accelerates customer success by delivering diversified services. Operating from more than 150 worldwide locations with 1.7 billion USD in revenues, the Day & Zimmermann family of companies employs 20,000 professionals, is currently ranked as one of the largest private companies in America by Forbes, and is a former winner of the U.S. National Family Business of the Year award. Founded in 1901 and headquartered in Philadelphia, Pa., Day & Zimmermann companies today provide staffing services, architectural-engineering-construction services, power plant maintenance and modification services, security services, and validation services to businesses and government agencies, and munitions mu·ni·tion n. War materiel, especially weapons and ammunition. Often used in the plural. tr.v. mu·ni·tioned, mu·ni·tion·ing, mu·ni·tions To supply with munitions. production, equipment maintenance, and facilities management services to the Department of Defense. For more information, visit DayZim.com. NOTE TO PRESS Comprehensive resources are available for this story, including executive interviews, industry sources, analyst contacts, supporting documentation and more. Please contact Meredith Glanzmann at Gregory FCA FCA Abbreviation for the Free Carrier at 610-642-8253 ext. 112 or Meredith@GregoryFCA.com if you have any questions or need more information. |
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