The HR technology landscape, which is now more than a $15 billion market in software, is exploding with growth and innovation. We are tracking more than 100 new startups in social and referral recruiting, talent analytics, assessment science, online learning, and mid-market core HR systems. New tools to help manage employee communications, engagement, recognition, and ... Read more»
I probably read more than one hundred human resources, leadership, and business books a year (e-readers are amazing) and I rarely have time to review them. Most are great books in many ways. (I”m preparing my reading list, stay tuned.)
In this article, however, I’d like to discuss an important new book which is well ... Read more»
Another amazing quarter from LinkedIn: revenues of $188.5 Million, up 101%, with the “hiring solutions” business now driving $102.6 Million or 54% of company revenue. LinkedIn’s revenues in the corporate recruiting market are now larger than Taleo, SuccessFactors, Kenexa, and nearly every other software company which sells recruiting solutions.
Let me highlight some of the ... Read more»
In the last 90 days we have seen SAP’s acquisition of SuccessFactors, followed by Oracle’s acquisition of Taleo, and then the smaller Kenexa acquisition of Outstart and PeopleFluent acquisition of Strategia.
Last week LinkedIn reported amazing financials (stock jumped almost 20% in one day). The company reported 105% YTY growth in quarterly revenues to $167.7 Million, putting the company on a 2012 plan of $860 Million.
But the real story is the huge jump in revenues from LinkedIn’s recruiting services (“Hiring Solutions”). Revenues in this segment ... Read more»
This week Taleo held their annual user conference and attracted more than 1,600 customers. As part of the event Taleo introduced two new product enhancements – one called Taleo Radar and the other a major announcement with LinkedIn. In this blog I will discuss Taleo’s strategy and talent intelligence story, and overview the Radar and ... Read more»
Over the last year we’ve observed the “gamification” of various web-based systems. Social learning systems now have “leaderboards” to show who uploaded the most highly ranked content. Sales training applications in pharmaceutical companies give employees “virtual money” for making the sale. Feedback and social recognition systems like Rypple and ILuvRewards encourage employees to ... Read more»
Today Monster.com dropped the gauntlet and launched BeKnown, a new Facebook application that hopes to become the professional social network for Facebook users, and a vital new tool for recruiters, human resources, and talent acquisition teams. In this blog post we will explain this market and preview some of the exciting features in this ... Read more»
Today LinkedIn went public with a huge (somewhat controversial) valuation of 80 times 2011 earnings and and around 21X 2011 expected revenue. This makes the company worth around $8.9 billion. The company’s total revenues hit $243M in 2010 and are likely to be around $400m in 2011. This is an amazing story of entrepreneurial success ... Read more»
Here are a few of the important statistics to consider.
What it is: LinkedIn positions itself as a social network for professionals (“professionals are defined as individuals with a career, built on distinctive qualifications”) – ... Read more»