Insights on Corporate Talent, Learning, and HR Technology
The HR Tech market has been on fire for the last few years. More than $15 Billion of venture and PE money was invested and the number of startups is astounding. The average large company now has more than 80 different employee-facing systems (OKTA), and this number has increased by more than 40% over five ... Read more»
In a flurry of new HR Tech products released this week, one definitely warrants attention. SAP SuccessFactors, the largest HCM vendor in the world, introduced its most significant release in a decade. While it doesn’t have a specific name, I call it SuccessFactors Next-Gen HCM.
Here’s what it’s all about.
As most of you ... Read more»
We just completed two years of research on cloud-based HCM (human capital management) systems and the results are striking. Among the 35+ implementations we studied, the findings are now clear: these systems do much more than clean up IT systems: they transform the employee experience.
Just to be clear, the cloud as a computing ... Read more»
For decades companies have embraced HR technology by starting at the “core.” This “core” was always considered the payroll system, HRMS (employee system of record), and foundational infrastructure, often called HCM.
Companies select these Core Systems first, spend millions to tens of millions of dollars to implement them, and then they “lay other tools on ... Read more»
As we enter 2021 and look at all radical changes in work, technology, and HR, it’s time to reflect on where we are. The world is responding to the Pandemic, technology is advancing at an incredible rate, and we are literally reinventing the workplace in real-time.
As I wrote about in the HR Technology 2021 ... Read more»
Oracle has been in the HR software business a long time. The company had its original Oracle e-Business suite for years, then acquired both Taleo (recruiting) and PeopleSoft, and now has thousands of customers running it’s core HR and payroll software. When Workday and SuccessFactors launched their cloud strategies in the late 2000s, Oracle pivoted ... Read more»
One of the most urgent things employees need right now is information. What are my policies for work at home? What is our sick-leave policy? When do I have to come back to work and where? How am I going to get paid this year?
Among all the issues we face in the COVID Pandemic, ... Read more»
If you’re buying HR technology right now, I’m sure your budget is unclear, and many companies will slow down or postpone purchases. What this usually means is that the “incumbent” or bigger vendors win out, since you already have their product. Which leads us to SAP and SuccessFactors.
I’ve been working with SuccessFactors for two ... Read more»
CornerstoneOnDemand is one of the most successful cloud vendors in the market for integrated talent and learning management software. The company was founded in 1999 and over the last 20 years has steadily built a global business providing end-to-end HR software to meet the needs of large and mid-sized companies.
The company competes with a ... Read more»
Harvard Business Review research shows that 70-90% of corporate acquisitions fail [1], often driven by an unclear strategy, lack of culture alignment, or poor execution on business integration. When SAP announced the acquisition of SuccessFactors in December of 2011, one could have expected a similarly disappointing result.
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Well, over the last five and a half ... Read more»
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..
Our latest research shows that this market grew by 17% last year and is now over ... Read more»
