Insights on Corporate Talent, Learning, and HR Technology
Social networking tools have transformed our lives. Facebook, Twitter, Google+, Pinterest (read my commentary about Pinterest here), Reddit, and many others have significantly changed the way we work. The concept of an “activity stream” is now commonplace and we can connect, share, and communicate with people like never before.
And these ... Read more»
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»
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»
Despite the recent acquisitions of Taleo by Oracle and SuccessFactors by SAP, the talent management software market is far from mature. Today SilkRoad, one of the more quiet (not for long) talent management software vendors, announced a $35 Million Series C round of funding.
The new investors include Keating Capital (Nasdaq: KIPO) and NTT ... Read more»
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 Facebook, ... Read more»
This week Saba made two major announcements.
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»
We are all getting excited about our upcoming research conference IMPACT 2012: The Business of Talent®.
There are seats left, but the conference will likely sell out (as it has in prior years), so let me give a few big reasons to take a few days of your valuable time and come to the ... Read more»
Today CornerstoneOnDemand announced the acquisition of Sonar6, an innovative small provider of highly graphical performance review and succession management tools for small businesses.
An SMB Play
As Cornerstone described the acquisition to us today, this is all about SMB (Small and Mid-sized Business). Cornerstone defines the SMB market as companies with less than 500 ... 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»
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, CornerstoneOnDemand... Read more»
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»
The LMS market remains very hot, and so does Facebook (below). Comments on both.
This week Peoplefluent (a $100M+ talent management software company, built from the combination of Authoria and Peopleclick) announced the acquisition of Strategia, a small but very successful enterprise learning management systems company. Strategia was a Canadian enterprise LMS company with ... Read more»
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»
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 Salesforce.com announced plans to acquire Rypple, a small but growing provider of social performance management software. In addition, the company announced plans to build out a set of human capital management products called SuccessForce (quite a stab in the eye to SuccessFactors), built on the “social enterprise” which Marc Benioff (CEO of Salesforce.com) has ... Read more»
