As I describe in the article “The HR Software Market Reinvents Itself,” we have entered a new world in the $14 billion market for HR software and tools. While many large organizations have made the shift from licensed software to cloud-based HR systems (fueling growth by Oracle, SAP, Workday, ADP, Infor, Cornerstone and ... 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»
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»
This week I attended three client conferences – SuccessFactors Successconnect, the Achievers Customer Experience, and the Glassdoor Employment Brand Summit. All three of these companies are introducing amazingly powerful new offerings, so in this article I’ll highlight some of them – with full knowledge that a barrage of announcements will becoming at ... Read more»
The market for corporate talent management software continues to surge. CornerstoneOnDemand just announced 39% YTY growth in revenues, and our discussions with Saba, SumTotal Systems, SAP, Oracle, ADP, Jobvite, and others show growth rates all in the double digits..
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»
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»
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»
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.
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»