CloudCrowd

Rapid Growth Highlights Untapped Potential of U.S. and Global Labor Pools 

CloudCrowd today announced that in just 10 days, its CloudCrowd Workspace has been used by more than 5000 workers. "This is phenomenal success, beyond our expectations," said Alex Edelstein, CEO of CloudCrowd. "We expected a slow ramp rate, given our decision to spend limited money on advertising and instead rely on viral propagation. Instead, we had a burst of high-quality workers join the system, and our main challenge right now is meeting their demand for work to do."

 

The growth in CloudCrowd's workforce can be attributed largely to the success of the company's worker referral program, which rewards workers when they refer their friends to join their Personal Crowd.  The company's "next business day" payment schedule has also attracted workers. "I have been paid everyday since I joined and am really impressed with this site.", says one worker who has actively recruited additional to her Crowd.

 

CloudCrowd is creating the world’s first Labor Operating System, a workplace that allows companies and other work providers to take large, manual projects and have that work completed at a fraction of the cost of salaried workers anytime, anyplace, anywhere by tapping into a global Labor-as-a-Service workforce.  A comprehensive Credibility system leverages automated review of each task, which generates effective, powerful feedback that enables the Platform to inexpensively weed out poor quality work with near infinite scalability.   Intuitive workflow enables managers to break projects into discrete tasks and pay for their completion on an Cost-Per-Action basis, rather than the traditional approach: hiring expensive managers to oversee ranks of expensive salaried workers that have to be supported, provided with office space, and given costly benefits.  For large markets like Data Entry and Image review, the cost savings that can be achieved range up 50%.  Started by veterans of Netscape, Microsoft, Cloudmark, and Inktomi, Cloudcrowd will evolve outsourcing into its next form of success: Labor-as-a-Service.

 

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