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Stuart Gentle Publisher at Onrec

Innovantage launch new suite of labour market intelligence reports

Innovantage, the UKís leading provider of decision-ready insight into the online recruitment market, has today announced the launch of a new suite of reports to enable both recruitment consultancies and job boards alike to achieve that crucial competitive advantage

Innovantage, the UK’s leading provider of decision-ready insight into the online recruitment market, has today announced the launch of a new suite of reports to enable both recruitment consultancies and job boards alike to achieve that crucial competitive advantage.


Capitalising on their in-depth understanding and experience amassed over a number of years, combined with their pioneering and cutting-edge internet intelligence systems, Innovantage have developed a suite of products which allows customers to access data aggregated from the last few years.


With the most comprehensive archive of over 25 million job postings which is growing at over one million each month, Innovantage is already the leading provider of lead generation software for the recruitment industry. This new portfolio of products will also include a series of Labour Market Reports produced with leading statistical consultancy, Marriott Consulting.


Matthew Dewstowe, Managing Director and founder of Innovantage, said: “The UK ranks as one of the largest recruitment markets in the world, second only to the US. And with a record number of new recruitment consultancies and job boards opening their doors for the first time the industry has become increasingly competitive.”


“Our suite of Labour Market Intelligence reports are already proving to be invaluable in helping customers plan an effective new business development strategy, expand on their existing client relationships, and give their businesses that all-important edge over their competitors,” he added.


For recruitment consultancies, Innovantage has introduced a portfolio of reports which analyse the complete online recruitment activity of their prospects and clients over the last two years - giving consultants an intelligent profile of both new and existing clients alike. The reports also provide consultants with an insight into their prospect’s industry, current recruitment trends, and an insight into the online activity of their biggest competitors.


Job board owners will be able to analyse the gap between those jobs they are currently getting from their existing clients and those they are not, as well as those advertisers they are completely missing out on. Furthermore, Innovantage have developed a complex duplicate tracking mechanism to track duplicate postings both within a single job board and across job boards.


Since 2007, Insight, our web-based product has been at the forefront of delivering highly detailed sales intelligence exclusively for the employment industry,” said Mr Dewstowe. “Through continued investment in research and development, we have not only maintained our market leading position but our newly developed and advanced web mining capabilities have enabled us to launch this new and exciting suite of market intelligence reporting. We expect to continue to deliver maximum returns on our client’s investment as we move further into what promises to be a competitive 2011 for the recruitment industry.”


Each month, Innovantage analysis and reports on more than one million new online job postings in real-time across two hundred job boards. And the information they provide enables recruiters to protect and grow their consultancies by proving unrivalled market intelligence; which allows them to identify new opportunities, benchmark their businesses against their competition, anticipate and pre-empt competitor threats, and capitalise on current and predict future market trends.