Segment & Geographic Data
Quant-Grade Normalized (live API)
API & CSV Delivery
Volt Information Sciences Inc's Business Segments
Volt Information Sciences Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q1 FY2022
Reportable Segments
4
Largest Segment
North American Staffing
Total Revenue
$ 227
Regions Reported
1
Revenue Share by Reportable Segment - Q1 FY2022
- North American Staffing84.3%
- International Staffing11.5%
- North American MSP4.3%
- Corporate and Unallocated0%
Revenue by Reportable Segment - Q1 FY2022
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| North American Staffing | $ 191 | 84.3% |
| International Staffing | $ 26 | 11.5% |
| North American MSP | $ 10 | 4.3% |
1 more segments available
Sign in to unlock the full Volt Information Sciences Inc dataset.
Revenue Share by Region - Q1 FY2022
- Non-US0%
Revenue by Geographic Region - Q1 FY2022
| Region | Revenue (Millions) | % of Total |
|---|---|---|
| Non-US | $ 0 | 0% |
Revenue by Product & Service Category - Q1 FY2022
- Managed Service Program1.1%
- Direct Placement Services0.2%
- Staffing Services0%
Revenue by Product & Service Category - Q1 FY2022
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Managed Service Program | $ 3 | 1.1% |
| Direct Placement Services | $ 0 | 0.2% |
| Staffing Services | $ 0 | 0% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Volt Information Sciences Inc
Volt Information Sciences Inc. is a public American staffing and workforce management company headquartered in New York City. The company was founded in 1950, initially as a technical services provider for the aerospace and defense industries, and has since diversified into a range of industries including healthcare, IT, engineering, and finance. The company is publicly traded on the NYSE under the symbol "VISI".
Volt Information Sciences has a global presence with operations in North America, Europe, and Asia. The company operates primarily through two business segments: Staffing Services and Technology Outsourcing Services.
The Staffing Services segment provides temporary and permanent staffing solutions to a wide range of industries. These services include contingent staffing, direct placement, and managed services. Volt Information Sciences has expertise in providing staffing solutions in areas such as engineering, accounting and finance, healthcare, IT, and administrative services.
The Technology Outsourcing Services segment provides infrastructure and application modernization services to companies that are looking to improve their IT systems. These services include cloud and managed services, application development and maintenance, and professional services.
Volt Information Sciences is known for its focus on innovation and technology. The company has made significant investments in technology to provide solutions that are efficient, effective, and scalable. This includes the development of a proprietary software platform called MyVolt, which provides an online portal for clients and candidates to manage their relationship with Volt Information Sciences.
As of 2021, Volt Information Sciences has over 1,500 employees and serves clients across a range of industries globally. The company has a reputation for providing high-quality staffing services and cutting-edge technology solutions to clients. By leveraging technology and a deep understanding of the industries it serves, Volt Information Sciences is well-positioned for continued growth and success.
Volt Information Sciences has a global presence with operations in North America, Europe, and Asia. The company operates primarily through two business segments: Staffing Services and Technology Outsourcing Services.
The Staffing Services segment provides temporary and permanent staffing solutions to a wide range of industries. These services include contingent staffing, direct placement, and managed services. Volt Information Sciences has expertise in providing staffing solutions in areas such as engineering, accounting and finance, healthcare, IT, and administrative services.
The Technology Outsourcing Services segment provides infrastructure and application modernization services to companies that are looking to improve their IT systems. These services include cloud and managed services, application development and maintenance, and professional services.
Volt Information Sciences is known for its focus on innovation and technology. The company has made significant investments in technology to provide solutions that are efficient, effective, and scalable. This includes the development of a proprietary software platform called MyVolt, which provides an online portal for clients and candidates to manage their relationship with Volt Information Sciences.
As of 2021, Volt Information Sciences has over 1,500 employees and serves clients across a range of industries globally. The company has a reputation for providing high-quality staffing services and cutting-edge technology solutions to clients. By leveraging technology and a deep understanding of the industries it serves, Volt Information Sciences is well-positioned for continued growth and success.
Volt Information Sciences Inc. is a comprehensive global provider specializing in staffing services, managed service programs, technology outsourcing, and a range of consulting services tailored to various business needs. The company operates through three primary segments: Staffing Services, Managed Service Programs, and Technology Outsourcing and Consulting. Below is an extensive description of each segment, along with their associated products and services.
1. Staffing Services
Volt’s Staffing Services encompass a broad spectrum of employment solutions across numerous sectors. The company understands that different industries have unique workforce requirements, and therefore they cater to a wide array of fields, including:
- Accounting and Finance: Providing skilled professionals for roles such as financial analysts, accounts payable/receivable specialists, and controllers.
- Engineering: Staffing engineers across various disciplines including mechanical, electrical, civil, and software engineering.
- Information Technology: Supplying IT professionals for roles encompassing software development, network management, cybersecurity, and data analytics.
- Industrial and Technical: Filling positions ranging from manufacturing technicians to logistics coordinators.
Within the Staffing Services segment, Volt offers:
- Temporary/Contingent Staffing: This service addresses short-term staffing needs, allowing businesses to hire skilled workers for specific projects or peak periods without the long-term commitment. Temporary staffing is ideal for companies looking to manage fluctuating workloads without incurring overhead costs associated with permanent hires.
- Permanent Staffing: Volt provides a solution for organizations seeking full-time employees. Through rigorous screening and matching processes, Volt ensures that clients receive candidates who meet their long-term business needs and organizational culture.
Managed Service Programs (MSP)
Volt’s Managed Service Programs are designed for organizations that wish to streamline their staffing processes and enhance their vendor management capabilities. The MSP segment offers:
- Vendor Management: Volt manages the entire staffing supplier landscape on behalf of clients. This includes selecting suppliers, negotiating contracts, and overseeing performance, thereby alleviating administrative burdens on client HR departments.
- Performance Monitoring: Volt employs analytical tools to monitor and assess the performance of staffing suppliers, ensuring they meet the agreed-upon standards and deliver on key performance indicators (KPIs).
- Cost Optimization: Through comprehensive analysis and market insight, Volt helps clients identify savings opportunities, from reducing hourly rates to optimizing labor usage across various projects.
- Data-Driven Insights: MSP clients benefit from enhanced visibility into their staffing metrics, workforce performance, and spending, allowing for better-informed decision-making and strategy adjustments.
Technology Outsourcing and Consulting
Volt Information Sciences offers a robust suite of technology outsourcing and consulting services geared toward enhancing a clients operational efficiency through technology:
- Technology Consulting: Volt provides expertise in evaluating and implementing technologies that align with business goals. Services include strategic planning, business process improvements, and assessing the effectiveness of current technologies.
- IT Outsourcing: This comprehensive offering encompasses the management and support of IT functions, including:
- Infrastructure Management: Ensuring robust IT infrastructure through maintenance and support.
- Application Development: Providing development services for custom software solutions or enhancements to existing applications.
- Helpdesk and Support Services: Offering user support for immediate troubleshooting and assistance.
Additional Services and Products
Beyond the three main segments, Volt Information Sciences delivers a variety of additional services and products that further enhance their staffing and technological offerings:
1. Recruitment Process Outsourcing (RPO): Volt’s RPO solutions enable businesses to delegate their entire recruitment process. This includes candidate sourcing, screening, evaluating, interviewing, and coordinating the recruitment process efficiently, allowing client companies to focus on their core operations.
2. Managed IT Services: These services encompass an extensive range of IT provisions, including comprehensive security solutions, system monitoring, data backup and disaster recovery strategies, cloud computing offerings, and virtualization services that optimize resources effectively.
3. HR Consulting: With a focus on strategic HR management, Volt assists organizations in crafting, implementing, and maintaining effective human resources policies. Services include workforce planning, talent acquisition strategies, onboarding processes, and employee retention initiatives.
4. Enterprise Resource Planning (ERP): Volt supports enterprises in adopting ERP systems through assistance in software selection, implementation planning, user training, and ongoing support to ensure that businesses derive maximum value from their software investments.
Conclusion
Volt Information Sciences Inc. presents a comprehensive suite of staffing, managed service, technology outsourcing, and consulting services. By leveraging deep industry expertise and a customer-centric approach, they empower organizations to streamline operations, enhance workforce effectiveness, and achieve business objectives with greater efficiency and reduced costs. Their commitment to providing tailored solutions ensures that they meet the diverse needs of clients across various industry sectors.
1. Staffing Services
Volt’s Staffing Services encompass a broad spectrum of employment solutions across numerous sectors. The company understands that different industries have unique workforce requirements, and therefore they cater to a wide array of fields, including:
- Accounting and Finance: Providing skilled professionals for roles such as financial analysts, accounts payable/receivable specialists, and controllers.
- Engineering: Staffing engineers across various disciplines including mechanical, electrical, civil, and software engineering.
- Information Technology: Supplying IT professionals for roles encompassing software development, network management, cybersecurity, and data analytics.
- Industrial and Technical: Filling positions ranging from manufacturing technicians to logistics coordinators.
Within the Staffing Services segment, Volt offers:
- Temporary/Contingent Staffing: This service addresses short-term staffing needs, allowing businesses to hire skilled workers for specific projects or peak periods without the long-term commitment. Temporary staffing is ideal for companies looking to manage fluctuating workloads without incurring overhead costs associated with permanent hires.
- Permanent Staffing: Volt provides a solution for organizations seeking full-time employees. Through rigorous screening and matching processes, Volt ensures that clients receive candidates who meet their long-term business needs and organizational culture.
Managed Service Programs (MSP)
Volt’s Managed Service Programs are designed for organizations that wish to streamline their staffing processes and enhance their vendor management capabilities. The MSP segment offers:
- Vendor Management: Volt manages the entire staffing supplier landscape on behalf of clients. This includes selecting suppliers, negotiating contracts, and overseeing performance, thereby alleviating administrative burdens on client HR departments.
- Performance Monitoring: Volt employs analytical tools to monitor and assess the performance of staffing suppliers, ensuring they meet the agreed-upon standards and deliver on key performance indicators (KPIs).
- Cost Optimization: Through comprehensive analysis and market insight, Volt helps clients identify savings opportunities, from reducing hourly rates to optimizing labor usage across various projects.
- Data-Driven Insights: MSP clients benefit from enhanced visibility into their staffing metrics, workforce performance, and spending, allowing for better-informed decision-making and strategy adjustments.
Technology Outsourcing and Consulting
Volt Information Sciences offers a robust suite of technology outsourcing and consulting services geared toward enhancing a clients operational efficiency through technology:
- Technology Consulting: Volt provides expertise in evaluating and implementing technologies that align with business goals. Services include strategic planning, business process improvements, and assessing the effectiveness of current technologies.
- IT Outsourcing: This comprehensive offering encompasses the management and support of IT functions, including:
- Infrastructure Management: Ensuring robust IT infrastructure through maintenance and support.
- Application Development: Providing development services for custom software solutions or enhancements to existing applications.
- Helpdesk and Support Services: Offering user support for immediate troubleshooting and assistance.
Additional Services and Products
Beyond the three main segments, Volt Information Sciences delivers a variety of additional services and products that further enhance their staffing and technological offerings:
1. Recruitment Process Outsourcing (RPO): Volt’s RPO solutions enable businesses to delegate their entire recruitment process. This includes candidate sourcing, screening, evaluating, interviewing, and coordinating the recruitment process efficiently, allowing client companies to focus on their core operations.
2. Managed IT Services: These services encompass an extensive range of IT provisions, including comprehensive security solutions, system monitoring, data backup and disaster recovery strategies, cloud computing offerings, and virtualization services that optimize resources effectively.
3. HR Consulting: With a focus on strategic HR management, Volt assists organizations in crafting, implementing, and maintaining effective human resources policies. Services include workforce planning, talent acquisition strategies, onboarding processes, and employee retention initiatives.
4. Enterprise Resource Planning (ERP): Volt supports enterprises in adopting ERP systems through assistance in software selection, implementation planning, user training, and ongoing support to ensure that businesses derive maximum value from their software investments.
Conclusion
Volt Information Sciences Inc. presents a comprehensive suite of staffing, managed service, technology outsourcing, and consulting services. By leveraging deep industry expertise and a customer-centric approach, they empower organizations to streamline operations, enhance workforce effectiveness, and achieve business objectives with greater efficiency and reduced costs. Their commitment to providing tailored solutions ensures that they meet the diverse needs of clients across various industry sectors.