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..
Category: HR Systems
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»
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»
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»
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»