Insights on Corporate Talent, Learning, and HR Technology
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»
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»
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 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»
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 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»
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»
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 and ... 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 software ... Read more»
Today SuccessFactors announced the acquisition of Plateau, enabling the company to enter the learning management systems market with a bang. At the same time the company announced Q1 revenue growth of 51% year-to-year, raised its guidance for the year, and announced its first-ever profitable quarter. This is a company with tremendously strong momentum.
Let me ... Read more»