When you take a look at the consumer side, you will notice that programmers are submitting solutions to the programming challenges. All the submissions would be provided with a score depending on the accuracy obtained in the output. Then the programmers will be ranked on a leaderboard. A programmer who works for Hackerrank will be able to complete new accomplishments and earn badges. This can eventually create lots of competition among the programmers as well. On the other hand, it is possible to find Hackerrank organizing hacking contests on a regular basis.
History of Hackerrank
Hackerrank was established as a company in the recent past. In fact, it was founded as a company called Interview Street. Two alumni from NIT Trichy, named Hari Karunanidhi and Vivek Ravisankar went ahead and started the company. Hackerrank is a company that was backed up by Y-Combinator. In fact, it was the very first Indian company to be backed up by Y-Combinator. In addition to that, the company was presented for Tech Crunch disrupt back in the year 2012 as well.
During the initial stages, Hackerrank went through a series of fundraising events. From all these fundraising events, the company was able to earn more than $58 million. This contributed a lot towards the success of Hackerrank and the team was able to achieve all their work in a timely manner as well.
Customer base of Hackerrank
The primary revenue source of Hackerrank is the customers. According to the stats of 2014, Hackerrank had more than 1,000 customers. All these customers have obtained the subscription services offered by Hackerrank. They included some of the well-known brand names out there in the world, such as Atlassian, Amazon, Adobe, Facebook, Evernote, Quora and EA Sports. Even though the current existing number of customers who are working with Hackerrank is not exactly disclosed, we can assume that they have been able to take the initiatives to a whole new level. Hence, thousands of customers would be working with Hackerrank.
Marketing strategy of Hackerrank
It is worthy to take a look at the marketing strategy of Hackerrank, which helped the company to bag success within a short period of time. This is a unique and a one of a kind marketing strategy. It has delivered outstanding results to the company as well.
As the first thing, you need to understand that Hackerrank is a data driven company. The company loves to accept new challenges due to the same reason as well. It can deliver amazing results to the company at the end of the day. In the meantime, Hackerrank keeps on learning. This helps the company to deliver even a better service to its clients in the future. On the other hand, the continuous learning process had ensured that all people who work with Hackerrank are provided with future-proof solutions. This can help them to overcome a lot of hassle and frustration in the long run.
It is also important to keep in mind that Hackerrank is a company that cares a lot about its customers. This has helped the team to maintain 100% customer reputation throughout as well. The company is extremely obsessed with the happiness that customers can bag at the end of the day. In fact, all the services are optimized accordingly, so that a fascinating service can be delivered to customers at the end of the day. In order to take customer satisfaction to the next level, Hackerrank pays attention to detail in all their processes. This can help them to make sure that all customers are fully happy and satisfied with the services offered at the end of the day. On the other hand, Hackerrank keeps on optimizing for speed as well. This can deliver quicker experiences to the customers and make sure that they are impressed with the outcomes.
Hackerrank can help with hiring
One of the key objectives of Hackerrank is to make the life easy for people who want to hire coders to make their lives easy. As of now, over 1,500 customers are working with Hackerrank. In addition to that, more than 25 of the Fortune 100 companies have signed up partnerships with Hackerrank in order to offer the services as well.
The process of hiring would become extremely easy because Hackerrank has got a massive database containing more than five million developers. Around 20% of this developer population is assessed. They are in a position to deliver an outstanding service at the end of the day.
One of the biggest challenges that recruiters come across is to identify skills that are not portrayed in resumes. The model of Hackerrank can help them to get that done with ease. In fact, the resumes or traditional CVs are not indicating the skills. They are not unpacking the strengths and weaknesses of the candidates as well. Hackerrank is in a position to provide a complete picture of the candidates. Therefore, it is possible to make the overall hiring process lot more convenient.
On top of everything, Hackerrank has the ability to reduce the time taken to hire. Traditional hiring approaches consume lots of time. This can be a loss to the business entities. Hence, business entities are looking forward to reduce the loss as much as possible. That’s where the assistance given by Hackerrank would come into play. It can help to hire developers quickly and go ahead with building the products within a relatively short period of time.