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 )
This week ADP, the largest HR company in the world, introduced its integrated talent management solution (and its own learning management system). This announcement has the potential to significantly impact the human capital and talent management software markets.
Background on ADP
You probably think ADP is a payroll company. Tt is much more. In ... Read more»Read Full Post | Make a Comment ( None so far )
The HR analytics market has gotten white hot. With all the HR and talent management software out there, companies are now starting to invest very heavily in their HR analytics strategies. (For more on this topic, read about our BigData in HR research.)
Our research shows that only around 7% of HR organizations have reached ... Read more»Read Full Post | Make a Comment ( 1 so far )
The topics of BigData in HR is white hot. This week we launched our BigData in HR research study, which describes precisely how world-class organizations build high performing talent analytics functions. This research represents the culmination of many years of work, talking with hundreds of companies and many vendors in the market.
In this article ... Read more»Read Full Post | Make a Comment ( None so far )
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»Read Full Post | Make a Comment ( None so far )
This week SuccessFactors and SAP announced their integration plans. Simply stated, the combined companies plan to move all their strategic talent management investments from SAP HCM and Business ByDesign into SuccessFactors, and build Employee Central (SuccessFactors’ central directory product) into its core cloud-based HRMS offering.
This is a bold and somewhat risky strategy. Let ... 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 )
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»Read Full Post | Make a Comment ( None so far )
SAP, the world’s largest application software company, just announced the best revenue and earnings growth the company has made in many years. The company’s quarterly revenues grew by 12% to over $3.4 billion Euros and profits rose by 23% to $1.6 billion. And now that the company has announced its plans to acquire SuccessFactors for ... Read more»Read Full Post | Make a Comment ( 1 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 )
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