Torc Triples in Size, Exceeds 20K Community Members, Expands LATAM Presence with 800% Growth
Nearshore Talent Network’s Focus on Quality and Productivity Continues to Deliver Vetted, On-Demand, AI-driven Talent Sourcing Experience
BOSTON – Dec. 21, 2023 – Torc, the nearshore talent network connecting quality remote developers with jobs, today announced 330% year-over-year growth. Also, the Torc community surpassed 20,000 members, with an 800% increase of talent from Latin America. Managed by a leadership team obsessed with productivity and innovation, Torc continues to deliver proven talent sourcing options for software developers and companies that need to hire them.
Once a cloud-native developer completes registration on the Torc platform, viable job matches can be available in as little as two hours. Talent placements are predominantly focused on AWS, Azure, GCP and Salesforce cloud platforms, across software, quality, data and AI engineering. For companies, the average time from posting a job on the Torc platform to hiring a qualified candidate is less than 7 days.
“Torc provides access to vetted, nearshore developers to augment internal technology teams and outsourcing partners, and drives the market to further embrace on-demand talent solutions,” said Michael Morris, CEO and Co-Founder of Torc. “Torc’s modern take on ‘temp-to-perm’ technology and human resource strategies has revolutionized how the CHRO and CTO handle enterprise staffing, resulting in increased productivity, collaboration, career growth and morale."
LATAM and AI Emerge as Key Focus Areas
In 2023, Torc saw a significant increase in participation from LATAM’s remote workforce looking for jobs, as well as from US-based companies needing an entry-point for nearshore talent acquisitions. Torc’s LATAM community growth was up 46% from Q3. Its overall yearly global member average join rate was 2 developers per hour.
From a technology perspective, Torc kept its commitment to embed AI throughout its culture and platform. Torc uses intelligent processes to identify, match and manage talent, and empower customers to measure success based on productivity metrics.
“These two objectives—LATAM expansion and AI advancement—run parallel and fuel Torc’s roadmap for growth as a global talent network,” said Dave Messinger, CTO and Co-Founder of Torc. “The ability to quickly and accurately find coveted pockets of superior remote talent, as well as high-demand jobs to offer them, improve enterprise software development by optimizing time and performance. Every organization is striving for that type of return in this unprecedented business era.”
Formalization of its channel partner program, ongoing success placing talent in compelling technology roles, and a continued emphasis on productivity are 2024 priorities for Torc. Learn more at https://www.torc.dev/.
About Torc
Torc, the nearshore intelligent talent network connecting quality remote developers with jobs, provides career growth opportunities for its community and a secure, AI-driven talent sourcing experience for companies. Backed by a board of technology and business veterans (Cognizant, Catalant, Atomic, Mozilla, Harvard) and the VCs Recognize and Asymmetric Partners, Torc’s emphasis on performance, productivity and upskilling make it the preferred platform for on-demand technical talent and the companies that need to hire them. www.torc.dev