IQN Continues Market Leadership with Technology Innovations that Deliver Data-Driven Decisions with Best-In-Class Security. The most modern and secure technology platform in the VMS industry previews innovations in functionality, data analytics and SaaS Infrastructure.
Denver – March 14, 2016 – IQN, the leading, independent provider of non-employee workforce management solutions, is staking out new ground in VMS functionality, SaaS security and advanced analytics through a series of technology advancements, industry partnerships and a client-driven technology roadmap. Coming on the heels of a modern technology transformation, the company will make a series of strategic announcements in the coming weeks that clearly delineate IQN from other VMS providers who are sustaining past processes instead of innovating to ensure customers Win the War for Talent.
“IQN’s mission is to unleash the strategic advantage of contingent labor and SOW capabilities. We do this through a superior software platform that automates and optimizes the management of temporary labor,” commented Joe Juliano, President and CEO of IQN. “In a recent review of our clients’ contingent labor programs, we found that the most successful are driven by the ability to interpret massive volumes of data generated by a VMS solution. For this reason, IQN has invested heavily in creating the VMS industry’s first cognitive intelligence offering to foster data-driven decisions that deliver insight, risk mitigation, cost savings and strategic differentiation.“
Powered by IQN’s cognitive intelligence engine, named ATOM (Automated Talent Ontology Machine), IQN customers will have the ability to make better contingent and total workforce labor decisions. ATOM will help clients with real-time recommendations on rates, time-to-fill, labor demand modeling, and industry benchmarking. Once launched, IQN will be the only VMS provider delivering scalable data visualization and real-time predictive analytics within the IQN Compass application to drive better program decisions.
“Between now and our signature industry event, IQNsiders, IQN will be announcing significant advancements in our technology, our ecosystem and the industry-leading IQN client and partner experience, all focused on elevating customer value beyond what VMS solutions have traditionally delivered,” Juliano continued. “IQN is delivering functionality at an unprecedented rate and we will be launching more client-driven functionality in the next year than at any point in the history of VMS offerings.”
These advances are built on a modern, secure, multi-tenancy platform giving customers continued opportunities to enhance their programs as new functionality is being delivered. Advancements in Talent Pools, Predictive Talent Search, a new Rate/Time/Expense engine, and the release of ATOM will drive significant customer success and value realization.
“In the early days of SaaS solutions, many providers committed to single-tenancy architecture which has proven to be unscalable, fraught with opportunities for human error, and an obstacle to accessing advancements in functionality. While many VMS providers are still offering single-tenancy solutions, the leading SaaS providers around the world have adopted a multi-tenancy architecture for a reason – it is more nimble, more flexible and scalable, and, when combined with best-in-class security protocols, is an unassailable platform for present and future innovation. This is why IQN is based on a multi-tenant platform, and why we urge all VMS programs to understand the clear advantages of this modern, universally adopted model,” commented Sherri Hammons, Chief Technology Officer of IQN.
A wide range of current security practices protect the IQN Compass platform. Unlike many VMS providers, IQN is fully committed to security transparency including:
- Full access to all third-party audits, including SOC / SSAE 16 reports, certified monthly scans, full exploitation penetration testing of the application, external and internal networks, and certified, third-party reports of disaster recovery testing.
- A self-service security portal where customers can review monthly scan reports, vulnerability remediation progress, security policies, Security FAQs, copies of all third-party audits and posting of security SLAs.
- Quarterly webinars with the IQN Security Team, including semi-annual discussions with IQN’s third-party penetration testers.
- In an unprecedented move in the VMS landscape, IQN routinely provides open customer town halls with Executive Leadership to ensure all layers of our management team are listening to our customer’s needs, concerns, and successes on a regular basis.
These advancements and the value of the IQN experience will be detailed at IQNsiders 2016, the industry’s only Contingent Labor event that gathers leading Industry Analysts, Technology and Service Providers to address the most pressing issues with the world’s most effective contingent labor program managers: IQN customers.
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IQN is the leading, independent technology provider of Vendor Management System (VMS) software for Global 2000 companies. IQN’s products enable enterprises to intelligently manage and optimize complex services procurement and contingent workforce programs. Since 1999, IQN’s products have been delivering procurement visibility and predictability, helping corporate leaders around the globe increase profitability, mitigate risk and compete more effectively. For more information, visit www.IQN.com.
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