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 … Read more»
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BigData is Big News.
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 … Read more»
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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. … Read more»
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The talent management systems market has been under quite a bit of stress lately.
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.
And while all this is going on, … Read more»
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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 … Read more»
Today I had a chat with Paul Sparta, the founder of Plateau and one of the key product leaders at SuccessFactors and now SAP. Paul, who’s current title is Chief Integration Officer, shared some important thoughts with me which I felt were worth publishing.
1. As a result of the acquisition, the … Read more»
Read Full Post | Make a Comment ( None so far )This weekend SAP announced plans to acquire SuccessFactors for approximately $3.4 billion (almost 10X 2011 revenues).
Just last week we delivered a webinar on trends in the Talent Management Systems market, and discussed the fact that this market is rapidly becoming commoditized and that the big vendors were starting to make a major impact. … Read more»
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Over the last ten years or so the talent management software providers have had a party building up a $3 billion, fast-growing marketplace. Now, starting in 2011 and 2012, the elephants from the markets of core HR have arrived – and they plan to come in and start making the party a lot messier…. 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 … 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 … Read more»
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