Big Names Backing IT-Employment Marketplace - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

Big Names Backing IT-Employment Marketplace

Key execs from customer-relationship management and enterpriseresource planning powerhouses such as Oracle and PeopleSoft Inc. are investing $3.5 million in IQ4hire Inc., a specialty IT- employment marketplace. IQ4hire is still pulling together its exchange, which will focus on CRM and ERP professional services.

Among the investors are Ray Lane, president and chief operating officer of Oracle; Dave Duffield, chairman of PeopleSoft; Ken Ross, founder of Extricity Software; and Anthony Abbattista, a partner at Diamond Technology Partners Inc., an E-commerce consulting firm.

IQ4hire's exchange is expected to go live May 1 with the resources needed to hire teams of people proficient in technology from Oracle and Siebel Systems Inc. technology, according to Vinnie Mirchandani, president of IQ4hire.

Despite the increasing number of online exchanges that offer access to IT talent and services providers, IQ4hire is the only one at this point specifically for staffing CRM projects, according to John Hagerty, a VP with AMR Research. People with skills in a specific kind of software "are a commodity, and the market for contracted personnel in these areas is very strong," Hagerty says.

At IQ4hire's site, customers will be able to get information about particular products as well as pricing and billing rates for current implementation projects. The company also is building a planning piece that lets customers calculate costs based upon the size of their company, number of users, number of locations that will be running a particular application, and the number of interfaces plugging into that software. As the marketplace matures, IQ4hire says, it plans to add opportunities for buying the talents of IT professionals experienced with E-procurement and other much-in-demand disciplines.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
The State of IT & Cybersecurity Operations 2020
The State of IT & Cybersecurity Operations 2020
Download this report from InformationWeek, in partnership with Dark Reading, to learn more about how today's IT operations teams work with cybersecurity operations, what technologies they are using, and how they communicate and share responsibility--or create risk by failing to do so. Get it now!
Slideshows
IT Careers: 10 Industries with Job Openings Right Now
Cynthia Harvey, Freelance Journalist, InformationWeek,  5/27/2020
Commentary
How 5G Rollout May Benefit Businesses More than Consumers
Joao-Pierre S. Ruth, Senior Writer,  5/21/2020
News
IT Leadership in Education: Getting Online School Right
Jessica Davis, Senior Editor, Enterprise Apps,  5/20/2020
Register for InformationWeek Newsletters
Video
Current Issue
Key to Cloud Success: The Right Management
This IT Trend highlights some of the steps IT teams can take to keep their cloud environments running in a safe, efficient manner.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll