Over the last several years the corporate learning marketplace has been under stress. Video-based learning programs, free courses, MOOCs, and hundreds of high fidelity technical and professional programs have arrived, but corporations have struggled to deal with it effectively. As I describe in the article “Digital Learning: Ten Things We Have Learned,” the ... Read more»
Last month Saba, a pioneer in the market for enterprise learning and talent management systems, held its annual customer conference (more than 700 learning and HR professionals attended). I had a chance to meet with the management team, talk with many customers and employees, and talk with Saba’s new owners (Vector Capital).
My conclusion, ... Read more»
Splunk, a company that uses BigData technology to analyze huge amounts of customer and transaction data, just went public with a valuation at 28X revenue ($3.2 billion). This valuation trumps the hot companies in social networking: Jive trades at 20X revenue, Google trades at 5X revenue, and Facebook, ... Read more»
First, the company introduced a bold new product offering, Saba PeopleCloud, an integrated new “work environment” which pulls together corporate social networking, knowledge sharing, real-time collaboration, web conferencing, and all of Saba’s formal learning technology in a brand new platform.
Saba essentially invented the market for corporate learning ... 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.
This week Kenexa, one of the largest and most successful HR and talent acquisition consulting companies, announced the acquisition of Outstart, a pioneering company in the market for e-learning tools, learning management, collaboration, and mobile learning solutions. This represents a major move for Kenexa, putting the company firmly into the market for training tools, ... Read more»
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»
Today Stepstone Solutions, one of the largest providers of talent management software solutions, changed their company name to Lumesse. While everyone has their own opinions of naming and branding strategies, I personally believe that this is a very valuable move.
Stepstone, a company with more than 1,700 licensed customers, is a large global software ... Read more»
This week Saba Software released one of its strongest financial results in many years. Saba, which pioneered the market for enterprise learning management systems, has now turned the corner in its transformation into a SaaS software company. Some of the highlights which I believe are important:
- Saba’s total revenues grew by 14% year over year
Remember the dot.com bubble of 1995-2000? I do, and it’s back again. But this time it has a new face, it talks about SaaS, highly connected social applications, mobile apps, and talent management software. Talent management software? Yes, SaaS-enabled talent management apps have become one of the hottest investment areas in enterprise software.
The proof ... Read more»