The market for corporate talent management software continues to surge forward. Our new research shows that this exciting market grew by 17% last year and is now over $5 billion in size. Why? Companies have now realized that “talent optimization” is key to their business success. And without integrated software to manage the people-processes in ... Read more»Read Full Post | Make a Comment ( None so far )
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.Read Full Post | Make a Comment ( None so far )
We just completed a year-long research study on the customer experience with talent management software. Despite the sky-high market valuations for these companies and the growth rate of the market, these products are not fully meeting customer needs. In fact, among the 1,146 companies we surveyed, their average overall satisfaction is 3.65 on a scale ... Read more»Read Full Post | Make a Comment ( 1 so far )
The ever-changing market for Learning Management Systems (LMS) continues to evolve. Last year, Taleo, the largest provider of recruiting software, spent $100 million acquiring mid-market LMS vendor Learn.com. The company’s strategy, which we supported in earlier blog posts, is to expand across all elements of the talent management domain and develop an offering which ... Read more»Read Full Post | Make a Comment ( None so far )
Let me discuss this announcement from three perspectives: first, the impact on the market; second, the impact on Taleo and Learn.com customers; and third, the impact on you as a prospective LMS buyer.Read Full Post | Make a Comment ( None so far )
After almost a year of effort we just released our first-ever Talent Management Systems Customer Satisfaction research. We will be publishing this annually, with next year’s results to coincide with the HR Technology Conference in Fall of 2010.
If you are a talent management systems owner, buyer, or vendor I recommend you read this – ... Read more»Read Full Post | Make a Comment ( None so far )
In the last 60 days I’ve had the opportunity to attend five major industry events which cover corporate learning: user group meetings at Plateau, Saba, SumTotal and Taleo and the HR Technology Conference. While all this travel has taken a toll on my sleep, it did reinforce the tremendous importance of corporate learning technology.
In ... Read more»Read Full Post | Make a Comment ( 3 so far )
Even in this year’s terrible economy, the Talent Management Software market continues to show signs of life. We estimate this important market will reach around $2.4 Billion by the end of 2009 and continues to grow in size and importance.
How the Talent Management Software Market is Expanding
- Total HR spending across all industries, including
One of the things we regularly do as an analyst firm is estimate the size and growth rate of various corporate software markets. Without giving away our proprietary methodology, I’d like to point out something which should make software providers think twice about their business strategy.
In the United States, only 38% of all employees ... Read more»Read Full Post | Make a Comment ( 7 so far )
We just released the largest-ever research study on the market for talent management suites. This research took place over the last 18 months and is the result of an exhaustive analysis of 20 vendors, 800+ HR managers, and in-depth meetings with more than 50 organizations. Leighanne Levensaler, our principal analyst in this area, is ... Read more»Read Full Post | Make a Comment ( None so far )