Insights on Corporate Talent, Learning, and HR Technology
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»
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 SuccessFactors ... Read more»
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. Listen ... Read more»
The talent management software marketplace is now more than ten years old, yet it is still a daunting task to select the right solution. This market is both consolidating and expanding at the same time – and let me explain why.
History of the Space
Originally these systems were designed as forms automation systems, often ... Read more»
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.
Last ... Read more»
