MrTed Expands U.S. Presence with Office in San Francisco…from MrTed

March 24, 2010

 

California Office Will Support MrTed’s Growing U.S. Business

HRchitect includes MrTed and SmartRecruiters in our list of top Talent Acquisition Systems vendors that businesses should consider. Jerome Ternynck, CEO of MrTed appeared on the HRchitect WebMingle on May 22, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is here to help!

MrTed Ltd., the global leader of Talent Acquisition Solutions, is expanding its U.S. presence and commitment with a new office in San Francisco that will support the company’s continued U.S. growth and enhance its worldwide presence.

“The timing is perfect for us to establish our presence on the West Coast,” said Jerome Ternynck, CEO and co-founder of MrTed. “Our decision was spurred equally by our existing business in the United States and by our expectations for continued growth throughout North America both on our Entreprise and SMB markets.”

The announcement of a California based U.S. office aligns with MrTed’s plans to deepen its partner relationships with U.S. vendors, a key strategic business development move. It also intends to support the growth of Smartrecruiters, MrTed’s revolutionary Open SaaS initiative that is rapidly becoming the largest force in recruiting software for SMBs.

The new U.S. office for MrTed marks a turning point for the company. It comes amid recognition from industry analysts for MrTed’s keen strategic industry leadership. More specifically, it follows very strong customer and analyst approval of the newest version of MrTedTalentLink, the company’s flagship product, the Cloud 9 Version.

The leading research and advisory consulting firm Bersin & Associates said MrTedTalentLink Cloud 9 “brings the next-generation Talent Acquisition Solution toward the market” and that it will “fully embrace the cloud computing technology and enhance (MrTed’s) partnerships.”

The address for the MrTed U.S. office is 330 Townsend St., Suite 237, San Francisco, Calif. 94107. The local phone number is 415-508-3755.
For more information on MrTed, please visit www.mrted.com.
Matt Lafata, HRchitect

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Taleo Reports Record Fourth Quarter and Fiscal Year 2009 Results …from Taleo

February 11, 2010

 

Q4 Revenue of $50.5 Million; Record Q4 GAAP and Non-GAAP Fully Diluted EPS of $0.13 and $0.23; Record Q4 Cash Flow From Operations of $20.6 Million; 186 New Customers Added in Q4; Posts 25% Year-Over-Year Growth in Application Revenue

HRchitect featured Taleo in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. Taleo participated in the Talent Management Systems panel and Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow. Kevin Marasco, VP Brand Marketing with Taleo appeared on the HRchitect WebMingle on November 6, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Taleo Corporation (NASDAQ: TLEO), the leading provider of on demand talent management solutions, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2009.

“Like many of our world-class customers, Taleo invested through the recession in our people and in product innovation, and we are now stronger competitively and financially,” said Michael Gregoire, Taleo Chairman and CEO. “We are in a tremendous position to take full advantage of the recovery, and we plan to keep up our blistering pace of innovation to help our customers drive their own re-invention and growth.”

Annual business highlights included:

–  Product: Launched Taleo10(TM) Talent Management Solution for Enterprise and Small and Medium sized business.

–  Community: Delivered Talent Grid(TM), a set of three communities with online access to Taleo’s ecosystem of customers, partners and candidates.

–  Acquisition: Announced a definitive agreement to acquire Worldwide Compensation, Inc. the leading independent provider of global compensation management technology. The acquisition was completed on January 1, 2010.

–  Accolades: Industry analysts from Gartner, Bersin & Associates and IDC lauded Taleo for Leadership and Innovation in their respective Recruiting, Performance Management and Talent Management market reports; Performance Management received “HR product of the year” CODiE Award and “Top 10 HR Products of the Year” from Human Resource Executive Magazine; and Taleo’s Service and Support Organization received “Rated Outstanding” certification from the Service and Support Professionals Association and the Fall 2009 STAR Award for Service Excellence from the Technology Services Industry Association.

Fourth quarter highlights included:

–  GAAP revenues of $50.5 million, an increase of 5% year-over-year.

–  GAAP application revenue of $44.5 million, an increase of 11% year-over-year.

–  GAAP net income of $4.6 million or $0.13 per fully diluted share.

–  Non-GAAP net income of $8.6 million, or $0.23 per fully diluted share, an increase of 44% year-over-year.

–  Cash flow from operations of $20.6 million and free cash flow of $19.2 million.

–  Net cash at December 31, 2009 of more than $244 million.

–  Signed 186 new customers, including 18 new Taleo Enterprise customers and 168 new Taleo Business Edition customers.

–  Closed 7 large enterprise deals with annual contract values in excess of $250,000.

–  Signed more than 45 new performance management customers, increasing total performance management customer base to more than 200.

Fourth quarter customer momentum included:

–  New enterprise customers include: Associated Bank, Equifax, Kingfisher Plc, RTI International, Teradata Operations, Cook County, Illinois,  Thales UK, Amalgamated Holdings Limited and Tyco International Management Company.

–  New small and medium-sized customers (companies with up to 5,000 employees) include: Provenance Hotels, Association for the Blind and Vision Impaired, Teach for All, Rand McNally, Prosperity Bank, Munroe Regional Medical Center, JM Smucker, Delaware State University, Sherwin Williams, Janney Montgomery Scott, Warner Chilcott, and Alliance Building.

–  Continued momentum in joint Recruiting and Performance Management suite deals with several customers, including: American Life Insurance Company, Navteq, Acxiom, and the City of Edmonton. Additionally, existing customer VF Corporation added Compensation Management to its existing Taleo solution.

2009 highlights included:

–  GAAP revenues of $198.4 million, an increase of 18% year-over-year.

–  GAAP application revenue of $173.5 million, an increase of 25% year-over-year.

–  GAAP net income of $1.3 million or $0.04 per fully diluted share.

–  Non-GAAP net income of $26.4 million, or $0.77 per fully diluted share, an increase of 48% year-over-year.

–  Cash flow from operations of $50.7 million and free cash flow of $41.5 million.

–  Signed 664 new customers, including 65 new Taleo Enterprise customers and 599 new Taleo Business Edition customers.

–  Closed 25 large enterprise deals with annual contract values in excess of $250,000.

–  Application revenue backlog increases to more than $350 million as of December 31, 2009.

Taleo delivered the following financial results for the fourth quarter of 2009:

Revenue: Total revenue for the fourth quarter was $50.5 million, an increase of 5% on a year-over-year basis. Application revenue for the fourth quarter was $44.5 million, an increase of 11% on a year-over-year basis.

Net Income (Loss) and Net Income (Loss) Per Share to Common Stockholders: Net income was $4.6 million for the fourth quarter, compared to a net loss of $(2.5) million for the same period last year. Net income includes $3.6 million in amortization expense related to the acquisition of Vurv, $2.9 million in stock-based compensation expense and a gain of $2.5 million related to settlement of Vurv escrow claims. Net income per fully diluted share was $0.13 for the fourth quarter of 2009, based on 35.6 million fully diluted shares outstanding, compared to a net loss per share of $(0.08) for the same period in 2008, based on 29.8 million weighted average shares outstanding.

Non-GAAP Net Income and Non-GAAP Net Income Per Share: Non-GAAP net income was $8.6 million for the fourth quarter of 2009, compared to non-GAAP net income of $5.0 million in the same period last year. Non-GAAP net income includes amounts excluded from GAAP revenue due to the write down of the deferred revenue associated with purchase accounting for the Vurv acquisition, and excludes stock-based compensation expense, amortization of acquired intangibles, restructuring and severance expense, and the gain associated with the settlement of the Vurv escrow account. Non-GAAP net income per fully diluted share was $0.23 for the fourth quarter of 2009 based on 37.5 million fully diluted weighted average shares outstanding, compared to non-GAAP net income per fully diluted share of $0.16 for the same period in 2008 based on 31.1 million fully diluted weighted average shares outstanding.

For more information on Taleo, please visit www.taleo.com
Matt Lafata, HRchitect

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Saba Delivers Strong Second Quarter Fiscal 2010 Results…from Saba

January 9, 2010

 

Grows Non-GAAP EPS by 75% and Invoicing by 10% year-over-year; Increases cash balance by 77% year-over-year; Extends leadership with 30 new enterprise customers across learning, performance and talent management solutions

HRchitect featured Saba in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. Saba participated in the Learning Management Systems panel on June 10, 2009 as part of theHRshow. A.G. Lambert, the VP of Marketing with Saba appeared on the HRchitect WebMingle on August 14, 2009.

If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Saba (NASDAQ:SABA), the premier provider of people management software and services, today reported financial results for its second fiscal quarter ended November 30, 2009.

“We continued to win major new customers while expanding relationships with the world’s leading global enterprises and governments. More and more enterprises are looking to Saba for unified people management solutions that drive business performance by aligning, engaging, developing, and mobilizing their people while fostering collaboration across their value chain,” said Bobby Yazdani, Chairman and CEO of Saba. “Our record of profitable growth and momentum in winning new customers while expanding existing customer relationships underscores the validity of our growth strategy.”

Second Quarter Financial Results

  • Total revenues for the quarter ended November 30, 2009 were $27.5 million, up 6.4%, from $25.8 million in the same period of the prior year.
  • Saba Performance and Talent Management products achieved record high product bookings in the quarter, representing 12% of total product bookings in the quarter.
  • Gross margin for the quarter ended November 30, 2009 was 65.7% compared to 59.6% for the same period of the prior year.
  • GAAP net income for the quarter ended November 30, 2009 was $666,000, or $0.02 per share on a fully diluted basis, compared to a loss of $355,000, or $0.01 per share, for the same period last year.
  • Non-GAAP net income for the quarter ended November 30, 2009 was $2.1 million, or $0.07 per share on a fully diluted basis, compared to non-GAAP net income of $1.1 million, or $0.04 per share on a fully diluted basis, for the same period of the prior year. Non-GAAP net income excludes non-cash amortization of intangibles and charges related to stock-based compensation.
  • Cash balance for the quarter ended November 30, 2009 was $22.9 million compared to $12.9 million at the end of the same period in the prior fiscal year. Saba repurchased 1,384,920 outstanding shares of common stock for approximately $4.9 million in the first quarter of fiscal 2010.
  • Saba invoiced $29.4 million in the quarter ended November 30, 2009, up 10%, compared to $26.7 million in the same period last year.

Second Quarter Business Highlights

Customers

  • Added 30 new enterprise customers bringing total new customers up to 50 during the first six months of Fiscal 2010, up from 39 new customers in first half fiscal 2009.
  • Strengthened leading base of Global 2000 customers during the quarter with wins at Baker Hughes, Bayer Healthcare, Banco Itau, McDonalds, Mars, Owens and Minor, Unicredit Group, Santander, and Saudi Aramco.
  • Expanded relationships with a number of existing large enterprise and public sector customers including 3M, Bose Corp, Synthes, Trillium Health Centre, UNUM Group, Varian Medical Systems, Kwik-Fit Group Limited, Les Hopitaux Universitaires, Blackbaud, Brinker International, Lincoln Electric Holdings, Westat, and Westinghouse Electric.
  • Saba OnDemand solutions reached a user base of over 3.6 million users, including such customers as Addison Avenue Federal Credit Union, the California Public Employees’ Retirement System (CalPERS) and the University of Tennessee, Knoxville (UT Knoxville).

Products

  • Announced major new platform release, Saba Enterprise 5.5, as the industry’s first truly unified people management platform. Saba 5.5 delivers an updated, engaging, and easy-to-use Web 2.0 user interface that visually unifies information so that, whether a user is trying to create a succession pool, start a performance review, or manage a team of employees, the view of the employee information is consistent. Users at all levels are able to make better decisions with more complete and consistent people intelligence.
  • Announced availability of Saba People Management Cloud, delivering Saba’s people management solutions on Amazon Web Services. The Saba People Management Cloud will give companies the elasticity to use as little or as many of Saba’s services as they need, while paying only for what they use, with no up-front expenses.

Awards & Recognitions

  • Recognized in Bersin & Associates Talent Management Systems 2010: Market Realities, Implementation Experiences, and Solution Provider Profiles as the market leader for enterprises with over 10,000 employees. The study touted Saba Enterprise’s extensive configurability, embedded collaboration for talent management adoption and its integrated, sophisticated, workforce planning application.
  • Recognized in the 2009 Gartner Magic Quadrant for Social Software in the Workplace based on completeness of vision and ability to execute. Saba was the only vendor in the people management solutions market to receive recognition in this report.
  • Recognized for growing momentum in social software by Chief Learning Officer Magazine who bestowed a Learning in Practice Award for “Excellence in Social Networks” to the company. The Excellence in Social Networks Award recognizes providers that have deployed wikis, blogs, communities of practice, social networks and/or any other employee communication and collaboration platforms for a client in the past year.

For more information on Saba, please visit www.saba.com
Matt Lafata, HRchitect

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Learn.com Announces Record Breaking Q4 and Full Year 2009…from Learn.com

January 5, 2010

 

Revenue, Bookings, New Client Acquisition and Partnerships Reach New Heights as Company Enters its 11th Year of Service to Clients

HRchitect includes Learn.com in our list of top Learning Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Learn.com, the knowledge platform company, today announced that the company’s business performance shattered historical records in 2009. The company signed a record number of new clients in Q4 as well as year to date. Moreover the company’s December month saw its highest new client acquisition and bookings in its almost 11 year history. Learn.com was able to achieve this impressive growth while still maintaining positive net income and cash flow on a GAAP basis.

“A record breaking year in a weak economy says a lot about our strong team and solutions,” said Jim Riley, President and CEO at Learn.com. “While our competitors are downsizing, we are adding new team members and growing our client base, making our business stronger thus further solidifying our leadership position in the space.”

Some 2009 Accomplishments:
• Voted the best Enterprise Learning Management (LMS) system by the 50,000 readers of ELearning! Magazine (3rd Consecutive Year)
• Voted the best Talent Management System by the 50,000 readers of ELearning! Magazine
• Named a Leader in 7 out of 8 categories in the Bersin & Associates 2010 Talent Management Satisfaction Study
• Named one of Florida’s best companies to work for by Florida Trend Magazine
• Over 95% Client renewal rates
• Opened and staffed an office in London, UK
• Opened and staffed an office in Silicon Valley, CA
• Announced plans for a Cloud Computing Center in London to support EMEA clients
• Enhanced the Learn.com Report Exchange to enable clients to share and download free custom reports they can share across their Learn.com applications
• Invested heavily in state-of-the-art redundant infrastructure and state-of-the-art SAS 70 facilities for Cloud Computing clients to provide more speed, power and redundancy
• Added and expanded relationships with Enterprise clients such as: Peet’s Coffee, Sykes Enterprises, CKE Enterprises, Vermeer Corporation, Smith & Nephew, Intuit, Verigy, Orica USA, St. Jude Children’s Research, US Department of Commerce, Classic Residence by Hyatt, Cartier, Michelin North America, American Association of Critical Care Nurses, General Services Administration (GSA), Jackson Hewitt, Extra Space Storage, Avid Technology, US Bancorp, Henry M. Jackson Foundation, Healthways, Ambius and hundreds of others. 

For more information on Learn.com, please visit www.learn.com
Matt Lafata, HRchitect

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Authoria and Peopleclick Combine in $100 Million Transaction to Create Largest Private Company in the Talent Management Arena

January 5, 2010

 

If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

As further evidence of its commitment to the Human Capital Management marketplace, Bedford Funding, a private equity firm with $800 million in available capital specializing in investments in the software and IT sector, today announced its $100 million acquisition of Peopleclick, the leading provider of Talent Acquisition and Workforce Compliance and Diversity solutions. Peopleclick will join with Authoria, an existing Bedford Funding portfolio company which was the industry’s first provider of fully-integrated Talent Management solutions. The combination of these two leading independent brands, which will now operate under the Peopleclick Authoria (The Company) name, brings an unmatched suite of Talent Management software, services and consulting solutions to enterprise businesses around the world. Charles S. Jones, Managing Partner of Bedford Funding, will assume the role of Chairman and CEO of Peopleclick Authoria, effective immediately.

“Enterprise customers who are addressing increasing global workforce complexity and managing thousands, or even tens of thousands, of employees expect deep software functionality in the specific Talent Management disciplines they are enabling, whether it be recruiting, compensation, performance management, succession planning, compliance or vendor management. That said, with every silo or multi-silo function purchase, all enterprise customers come to the table with a long-term vision for a full suite of compatible and integrated Talent Management solutions so they can successfully apply a range of employee data toward desired business outcomes,” said Mr. Jones. “We are excited to now provide current and prospective customers the powerful combination of two leading brands and two deeply innovative and comprehensive suite providers in Talent Acquisition and Talent Management. With this integration we are delivering the first best-of-breed suite available in the market from one single-source vendor.”

Peopleclick Authoria is currently serving nearly 60 percent of the Fortune 100 and has proven expertise in meeting the needs of large global customers. The combined company has expressly committed to the ongoing support of all product lines offered by Authoria and Peopleclick prior to the union, and it will deliver key integration and innovation elements in order to provide broader capability for existing customers and one of the most comprehensive talent lifecycle solutions for new customers.

“Peopleclick Authoria represents the union of two strong players in the fast-growing Talent Management systems market,” said Josh Bersin, President and CEO of Bersin & Associates. “Both companies are product and market leaders in their segments, and together they bring scale and depth of management to drive growth and even greater customer value.”

All aspects of the Peopleclick business, including the Vendor Management System and the Compliance and Diversity businesses, will be integrated, along with the Talent Acquisition products, into a comprehensive Talent Management offering with Authoria’s existing suite. The Compliance and Diversity business previously within Peopleclick, combined with the full suite of post-hire talent management capabilities, is at the forefront of supporting the diverse workforce priorities and regulatory compliance initiatives of global customers for both companies. By extending customers’ ability to effectively control their contingent workforces, Peopleclick Authoria’s Vendor Management System offers customers the ability to fully manage the talent acquisition process — whether such talent is permanently added to an organization or considered on a contingent basis — to meet critical staffing and organizational performance needs within budget.

The full spectrum of Talent Acquisition and Talent Management products available through Peopleclick Authoria will continue to be sold independently or as part of a suite offering, and the Company will be delivering an Appreciation Program, which will reward the purchase of expanded suite functionality with discounted packaged pricing models, in the coming months to existing customers of both companies. In further support of customer initiatives in the coming year, the Company has made additional investments in the engineering and services groups to optimize the delivery of new functionality and integrations to customers in the U.S. through four data centers and eight offices spread across North America and internationally through an E.U. data center and locations in India, Belgium and the United Kingdom.

“As a customer of both Authoria and Peopleclick, I can already see how this will make an immediate impact on Talent Management,” said Brandy Fulton, VP of HR Operations, Citrix. “Recruiting really is the portal through which all employees pass and combining the rich functionality of Peopleclick’s offerings with Authoria’s comprehensive Talent Management suite closes the loop between Talent Acquisition and performance, compensation and succession. I enjoy working with, and have the greatest respect for, both Peopleclick and Authoria, and I look forward to seeing the products and functionality the combined organization will bring to the market.”

Mr. Jones, who has spent much of his career as an operating executive for a wide range of large public international companies and small growth-driven private companies, has a reputation for innovation and customer-centric growth strategies. He has a proven and highly successful track record in integrating software companies, identifying key inflection points of differentiation and unleashing the inherent value to the market. His desire to run this combined business is a powerful commitment to customers and a meaningful endorsement of his understanding of the importance of integrated Talent Management solutions for enterprise companies around the world.

Before becoming Managing Partner of Bedford Funding, Mr. Jones was Chairman and then CEO of Markham, Ontario-based Geac Computer Corporation, a Toronto Stock Exchange listed software company with annual revenues approaching U.S. $500 million. During Mr. Jones’s tenure, he transformed the Geac business with two large public-company acquisitions and built an innovative and market leading business intelligence software enterprise focused on the financial value chain. On October 1, 2001, The Wall Street Journal named Geac the number one performing global stock. In 2004, Mr. Jones was named on the top 25 list of CEOs in Canada and, in 2005, on the top 10 list of CEOs in Canada by Canada’s National Post newspaper.

Ron Kupferman, former Chairman and CEO of Peopleclick, and Jim McDevitt, former CEO of Authoria, will both operate as Vice Chairmen, working on Business Development activities in their respective markets.

Peopleclick currently serves more than 2,100 clients in 214 countries and territories, including 54 Fortune 100, and has strong vertical market presence in retail and health care, while recognizing employer preference for hourly or part-time employment in an increasingly regulated workplace environment. The organization was recently placed in the “Leaders” Quadrant of Gartner’s “Magic Quadrant” for E-Recruitment Software* based on its vision and ability to execute. Peopleclick also received the highest Market Readiness score of any vendor in The Aberdeen(TM) AXIS on Talent Acquisition report based on its ability to support its current installed base and bring new, award-winning products to market, among other key performance indicators.

About Peopleclick Authoria

Peopleclick Authoria is transforming Talent Management through best-of-breed technology and expertise. With a deep focus on business intelligence and analytics, the company’s technology gives clients the actionable insight required to make strategic decisions that drive better business results. Nearly 60 percent of the Fortune 100 use Peopleclick Authoria Talent Acquisition, Talent Management and Workforce Compliance and Diversity solutions to manage salaried, hourly and contingent labor across their organization. These solutions manage the entire talent lifecycle from recruiting to on-boarding and through the ongoing management of each individual’s career while helping organizations measure, analyze and empower their existing workforce. Both founded separately in 1997, the two human capital management companies joined together in 2010 to form Peopleclick Authoria. The Company’s solutions currently support more than 2,400 organizations ranging in size from large, global corporations to small and medium-sized businesses in more than 214 countries and territories around the world.

About Bedford Funding

Bedford Funding is a private equity firm specializing in investment opportunities in the consolidating and fragmented technology sector with an initial focus in the software and IT services sector. The firm offers extensive strategic operating and financial management expertise and advice with the intention of providing exceptional performance and financial returns for its portfolio companies and its investors. Bedford Funding serves the IT and investment communities worldwide from its headquarters located in White Plains, NY.

For more information on this transaction, please visit www.PeopleclickAuthoria.com.
Matt Lafata, HRchitect

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Softscape Named a Category Leader in Customer Satisfaction for Global Enterprises

December 31, 2009

 

Bersin & Associates Recognizes Softscape for its Leadership in Total Customer Implementation Satisfaction

HRchitect featured Softscape in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems vendors that businesses should consider. Dave Watkins, Softscape’s CEO and Co-Founder appeared on the HRchitect WebMingle on June 19, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Softscape, an innovator powering complete people management solutions, today announced further industry validation of its talent management software and support for large global enterprises. In a report recently issued by leading industry analyst firm Bersin & Associates, Softscape was recognized for its high level of customer satisfaction. 

Bersin & Associates’ Talent Management Systems 2010: A Comprehensive Study of Customer Experience with Talent Management Systems, focuses on identifying specific product, vendor and implementation factors that drive success for end user customers. In the report, Softscape’s HR platform is noted as a category leader specifically in total customer implementation satisfaction for global enterprises.

“Softscape’s long term partnerships with customers, some over a decade, are rooted in our unwavering dedication to their satisfaction and improving their bottom-line business results” said Dave Watkins, Softscape CEO and co-founder. “We consistently reinvest into expanding our customer care programs and localized service centers to ensure customers receive the dedicated support they need to achieve their objectives. Our industry high 98% customer retention rate is testament to our achievement.”

According to the report, “Global enterprise companies have sophisticated IT organizations and evaluate their ERP vendors, as well as standalone software providers. They often look at the talent management system as a “platform” that will be integrated with many legacy applications, security and portal systems, and various other employee directories and collaboration tools.” The report continued, “As large, global organizations seek to increase the sharing of talent globally and to align all employees with the business goals, they require systems to support consistent processes, data and reporting enterprise wide. Only a few talent management suites offer comprehensive support to accommodate complex global implementations today.”

Softscape’s customers represent large, multi-national enterprises with complex needs, and average over 38,000 employees. As one of the only vendors with fully integrated core human resources management (HRMS) in a talent management system, Softscape provides customers with a single platform to manage the complete employee life cycle. Softscape connects all HR and talent functions, including performance and goal management, succession, career development, 360 feedback, learning, compensation, incentives & rewards, recruiting & hiring, on-boarding, workforce planning, social networking, and core HR records. By providing one platform and interface into all these functions, customers achieve unprecedented analytic insight into their workforces and operations to improve business decision making.

For more information about Softscape’s solutions, please visit http://www.softscape.com.
Matt Lafata, HRchitect

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MrTed to Kick Off 2010 with Revolutionary New Platform…from MrTed

December 11, 2009

 

Advanced Cloud Architecture, Application Portability, and Redesigned User Interface Highlight MrTedTalentLink Version 9, Launching December 31

HRchitect includes MrTed and SmartRecruiters in our list of top Talent Acquisition Systems vendors that businesses should consider. Jerome Ternynck, CEO of MrTed appeared on the HRchitect WebMingle on May 22, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

MrTed today announced that the latest iteration of its flagship product – MrTedTalentLink v9 – will reach general availability on December 31, enabling users to kick-off the New Year in style with the world’s most advanced talent acquisition software platform.

For 10 years MrTed has been at the forefront of innovation in the cloud computing business, and MrTedTalentLink 9 continues the tradition. For the first time users can completely customize the MrTedTalentLink platform according to their unique needs and preferences – a significant achievement that has broad implications in terms of product usability and return on investment – and the architecture and user interface have been redesigned per the latest cloud computing protocols. The new platform reflects the desires of the user community with whom MrTed worked closely for three years to ensure the most flexible, enjoyable talent acquisition experience possible.

Introducing MrTedTalentLink 9

“This is an all-new breed of talent acquisition software that we believe users are absolutely going to love,” said Jerome Ternynck, CEO at MrTed. “We have gone to great lengths to make Cloud 9 a special product that fundamentally changes the way recruiters interact with their talent acquisition platform. The response from early adopters has been tremendously positive. I’m happy to say that MrTed has once again set the standard for talent acquisition software.”

Leading research and advisory consulting firm Bersin & Associates, in their September 2009 assessment of the state of the talent acquisition market said MrTedTalentLink Cloud 9 “brings the next generation Talent Acquisition Solution towards the market, (as it) will fully embrace the cloud computing technology and enhance its partnerships.”

Key Enhancements and Benefits

Advanced cloud computing technology – MrTedTalentLink 9’s new architecture is the result of over three years of research by MrTed. It features a configurable candidate database that can easily integrate data from any source, an independent business logic layer exposed through web services, and an on-demand user interface so recruiters can customize their own workspaces. This open architecture makes it fast and easy to connect with other talent management and HR applications, so users get the full benefit of cloud computing on their desktop.

A world of apps – MrTedTalentLink 9 presents business processes as portable application modules that users can turn on, turn off, or customize to create a truly personalized experience. Cloud 9 includes apps for all major business processes, including internal and external recruitment, outplacement, contingent workforce management, vendor management, candidate processing, time sheeting, offer management, on-boarding and more. Apps are portable and can be used with other systems and interfaces, while external applications developed by other vendors can be integrated inside the Cloud 9 workspace. By leveraging the power of MrTed apps, users can enjoy the benefits of a personalized platform that meets their individual needs and preferences.

Dynamic user interface – MrTedTalentLink 9 users are free to configure and rearrange apps in order to create a personalized workspace and navigation experience. The dynamic interactivity of the user interface allows apps to be resized, dragged, dropped and even layered. Even though the interface processes large amounts of data, Cloud 9’s asynchronous data retrieval keeps the presentation layer running quickly and smoothly—a result that can only be described as enjoyable for the user. Users spend most of their time in a dynamic and personalized workspace, rather than jumping from screen to screen or module to module. In this way MrTedTalentLink more closely resembles a favorite website than like an enterprise software program.

“We’ve all seen or experienced enterprise software that claims to be flexible and user friendly but is not,” said Robert Chwastek, MrTed’s VP Product Development. “What stands out about MrTedTalentLink 9 is the extent to which the product can be shaped to meet each user’s individual requirements. This truly is the most open enterprise software product with which I’ve seen, and that openness is key to increasing user adoption, user productivity and user enjoyment. “

For more information on MrTed, please visit www.mrted.com.
Matt Lafata, HRchitect

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MrTed Forms Strategic Alliance With China’s Largest RPO Provider…from MrTed

December 7, 2009

 

Shanghai Foreign Service Company chooses MrTedTalentLink as core technology platform 

HRchitect includes MrTed and SmartRecruiters in our list of top Talent Acquisition Systems vendors that businesses should consider. Jerome Ternynck, CEO of MrTed appeared on the HRchitect WebMingle on May 22, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

MrTed Ltd, the global leader of Talent Acquisition Solutions, today announced a significant contract with Shanghai Foreign Service Company Ltd. (SFSC), one of the largest human resources service providers in China and the country’s largest provider of recruitment process outsourcing (RPO) services.

MrTed will provide technology and support for SFSC’s far-ranging and highly complex recruitment RPO services. This contract opens the door to roll out MrTedTalentLink to more than 13,000 clients across China. The contract is the second in the last quarter between MrTed and a major Chinese organization and also follows the recent release of an independent market analysis by Bersin & Associates that shows MrTed to be the leading provider of talent acquisition solutions worldwide for large employers.

Established in 1984, SFSC is a professional company in human resources service industry that provides advanced solutions for recruitment, employee dispatching, HR agency, payroll management, benefit administration, consulting and training services. With a nationwide service network, complete service products, one-up technical platform, high-level quality management and professional service teams, SFSC provides professionals with a one-stop HR outsourcing service for more than 13,000 clients and quality services for more than 350,000 employees. Currently 85 percent of the Fortune Global 500 in China use SFSC services.

“This contract with SFSC definitely solidifies our global leadership position in the RPO and human resources outsourcing space, as well as our leadership in China,” said Jerome Ternynck, CEO for MrTed. “With the introduction of MrTedTalentLink Version 9 and its cloud computing capability, our Chinese customers have the complete freedom to access and customize the information they need when and where they need it. It’s a quantum leap in terms of competitive advantage.”

Jason Xu, the General Manager of RPO business, SFSC, said the company chose MrTed because, as the recent Bersin & Associates report noted, MrTed is extremely well-suited for large companies that require systems with multiple processes and the ability to manage compliance and operations in multiple languages.

“We are also very excited about the potential for MrTedTalentLink Cloud 9, with its full embracing of cloud computing technology for RPO services and what that could mean for SFSC,” said Xu.

Today, SFSC’s customers include leading multinational companies, wholly owned foreign enterprises, joint ventures of Chinese companies and foreign companies, cooperative companies of Chinese and foreign companies, state-owned enterprises, and private businesses covering high-tech industries in communication electronics, IT, bio-technology, Internet, automotive, petrochemical, medical, financial and the fast-consumables industry.

“This is a significant and very exciting opportunity for MrTed,” said Johnny Wang, Managing Director for MrTed China. “Our collaboration with SFSC further proves our ability to serve a global client base, and particularly highlights our understanding of the Chinese market.”

For more information on MrTed, please visit www.mrted.com.
Matt Lafata, HRchitect

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Learn.com, Announces Record Breaking Q3 2009 and Year to Date New Client Acquisition, Revenue, and Partnerships as the Company Approaches its 11th Year of Service to Clients…from Learn.com

November 11, 2009

 

The World’s Largest Cloud LMS Provider Named Best in Industry for 4 Consecutive Years

HRchitect includes Learn.com in our list of top Learning Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Learn.com, the leader in cloud delivered workforce development and productivity, today announced that the company’s business performance shattered historical records in 2009. The company not only has signed a record number of new clients but the year to date through Q3 2009 has been the best sales bookings period in company history. More importantly, Learn.com was able to achieve this impressive growth while still maintaining positive net income and cash flow on a GAAP basis, an uncommon accomplishment in the Learning and Talent Management space. This strong performance across every metric underscores the value Learn.com brings to its clients and validates Learn.com’s best-in-class platform and pure cloud computing business model.

“During the most challenging economic period of the past 80 years, Learn.com was able to accelerate its growth by continuing to demonstrate its significant and unparalleled value proposition to new clients. Learn.com has always been the most innovative company in our space and once again we were pioneers by launching our Guaranteed ROI pledge to our clients. More and more clients were able to prove the many facets of hard and soft dollar savings and ROI using Learn.com. The results are irrefutable – training is how organizations realize excellence in execution. One watershed study points to firms’ investment in training as being the single most powerful predictor of stock price. Our unyielding dedication to client success and satisfaction using Learn.com products and people has paid dividends for our clients and in return, for Learn.com. While most of our competitors were downsizing this year, Learn.com added 25% more in net new headcount, and we are continuing to increase our employee base to maintain our peerless service to our clients. Even more satisfying than our great results is the positive impact Learn.com has had for our clients,” said Jim Riley, Chief Executive Officer at Learn.com.

Beyond deepening current strategic partnerships with some of the world’s biggest names new relationships were forged with Taleo (Nasdaq:TLEO), and others. These relationships further demonstrate that Learn.com improves business results and adds significant value to our partners’ ecosystems. These well planned partnerships allow Learn.com to penetrate new channels as well as provide Learn.com clients a one-stop-shop for pre-hire to retire solutions, with unmatched value, depth of functionality and ease of use.

“Our latest research shows that employee development is one of the most vital elements in a high-performing organization today,” said Josh Bersin, CEO of Bersin & Associates, a leading industry research and advisory services firm. “Taleo’s partnership with Learn.com now enables the company to offer a complete solution for corporate learning management.”

The relationship with Taleo brings together the unequivocal market leaders in our respective categories to provide the only pre-hire to retire unified talent management platform with a global footprint and world class capabilities and flexibility.

Another milestone was Learn.com’s launching of the World Wide Content Exchange and the Learn.com Personal Edition (http://my.Learn.com) which has over 30 structured job profiles with skills and curricula mapped to assist the US workforce in skill retraining in an unprecedented time of skill shift in the US Economy. Now any person in the world can access over 30,000 web based courses, live on line courses, college degree programs, accredited courseware for the Healthcare and manufacturing sector as well as course authoring and sharing.

Other YTD 2009 Accomplishments
• Again voted the best Enterprise Learning Management (LMS) system by the 50,000 readers of ELearning! Magazine (3rd Consecutive Year)
• Voted best Talent Management System by the 50,000 readers of ELearning! Magazine
• Over 95% Client Renewal Rates
• Opened and staffed an office in London, UK
• Announced Planned Cloud Computing Center in Amsterdam to support EMEA clients
• Enhanced the Learn.com Report Exchange to enable clients to share and download free custom reports they can share across their Learn.com applications
• Invested heavily in a state-of-the-art redundant infrastructure and state-of-the-art SAS 70 facility for its Cloud Computing clients – more speed, power and redundancy
• Added 224,000 subscribers with just one new client

Learn.com also added and expanded relationships with Enterprise clients such as: Pete’s Coffee, Sykes Enterprises, CKE Enterprises, Vermeer Corporation, Smith & Nephew, Intuit, Verigy, Orica USA, St. Jude Children’s Research, US Department of Commerce, Classic Residence by Hyatt, Cartier, Michelin North America, American Association of Critical Care Nurses, General Services Administration (GSA), Jackson Hewitt, Extra Space Storage, and hundreds of others.

For more information on Learn.com, please visit www.learn.com

 

Matt Lafata, HRchitect

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Kenexa Recognized as a Talent Management Systems Leader in Bersin & Associates Research…from Kenexa

November 11, 2009

 

Market Study by Leading Research Firm Acknowledges Kenexa’s Sophisticated Analytics Tools, Strong Integration of Assessments

HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Kenexa participated in the Talent Management Systems panel and the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Kenexa (NASDAQ:KNXA), a global provider of business solutions for human resources, today announced it has been recognized as a market leader in the recently released Talent Management Systems 2010: Market Realities, Implementation Experiences, and Solution Provider Profiles. The study, conducted by Bersin & Associates, the only research and advisory firm focused solely on enterprise learning, talent management and talent acquisition, is a comprehensive market review and buyers’ guide for talent management software systems.

The report found that, despite the recession, the talent management systems market has thrived over the last year and vendors have seen significant growth. Based on market data and information provided by vendors, Bersin & Associates project that the market will expand by 15 percent over the coming year. The report also found that the market is crowded with many providers with similar solutions. The key differentiator that drove overall satisfaction was the customer experience, including partnership relationships with vendors and customer service. According to Bersin, organizations are no longer willing to sacrifice functionality in order to standardize technology and are expecting more from their providers.

“We are pleased to have been recognized in Bersin’s research. Kenexa’s industry-leading applications are built using innovative technology and driven by customer requirements, giving our clients what they need on an integrated platform. This, along with our commitment to Extreme Service, is what sets Kenexa apart from the competition and has sustained our growth in this economy,” commented Rudy Karsan, Kenexa’s CEO.

“Our goal is to address the real business impact of these systems and identify the market leaders. Despite the economic recession, the talent management software market continues to outpace new spending on core human resource management software. While it is still a very competitive market, the real market leaders are starting to emerge,” said Josh Bersin, president, Bersin and Associates.

Out of 24 companies profiled, Kenexa ranked No. 4 in market share by revenue and by number of enterprise customers.

Kenexa offers Integrated Talent Management (ITM) to facilitate each step of the employee lifecycle. The SaaS-based applications are unified through common services and enable clients to have access to continuous upgrades, expert functionality and streamlined customer support for single point solutions or across multiple Kenexa applications delivering holistic talent management.

The Bersin & Associates study particularly acknowledged the strength of Kenexa’s sophisticated reporting and analytics tools and the integration of its market-leading psychometric assessments. 

Karsan concluded, “By leveraging the expertise of our more than 100 industrial organizational (I/O) psychologists, HR researchers and recruiters, as well as the best practices we’ve learned from more than 20 years in the industry, Kenexa enables organizations to not just deploy technology but to maximize its business value.”

The 400-plus-page study is based on detailed briefings and product demonstrations provided by 24 vendors; completed surveys from 460 HR, learning and development, and information technology professionals; and more than 40 interviews with HR and talent leaders.

For more details about the study, please visit www.bersin.com/tmsystems.  

For more information on Kenexa, please visit www.kenexa.com

 

Matt Lafata, HRchitect

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Salary.com Announces Second Quarter 2010 Financial Results…from Salary.com

November 6, 2009

 

Reports 34th Consecutive Quarter of Revenue Growth; Achieves Positive Operating Cash Flow for Second Quarter in a Row

HRchitect featured Salary.com in our 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top HRIS vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand talent management, payroll, and compensation solutions, recently announced financial results for its second quarter of fiscal 2010, which ended September 30, 2009.

Revenue in the second quarter of 2010 was $11.6 million, an increase of 10% over the second quarter of fiscal 2009. Bookings were $12.2 million, an increase of 9% over the second quarter of fiscal 2009. Non-GAAP operating cash flow, which excludes cash payments for severance, was positive with a cash inflow of $0.5 million in the second quarter of 2010. GAAP operating cash flow was an inflow of $0.4 million in the second quarter of 2010.

Kent Plunkett, founder and chief executive officer, stated, “We are pleased to have completed our 34th consecutive quarter of revenue growth and achieved positive operating cash flow from operations for the second quarter in a row. Our broad strategy of offering an array of integrated, best-in-breed human capital management tools and data again contributed to larger overall transaction sizes in the second quarter, with 14 transactions over $100,000 in the quarter and six of those larger than $250,000. We believe Salary.com’s strong execution is reflected in continued bookings and cash flow growth as we continue to gain momentum as a human capital management leader.”

Second Quarter 2010 Financial Summary

–  Second quarter revenue was $11.6 million, an increase of 10% over the second quarter of fiscal 2009.

–  On a GAAP basis, for the second quarter of fiscal 2010, Salary.com reported a net loss of $4.7 million, or ($0.29) per diluted share, compared to a net loss of $6.3 million, or ($0.39) per diluted share, in the second quarter of fiscal 2009.

–  On a non-GAAP basis, excluding stock-based compensation, amortization of intangibles and restructuring expenses, Salary.com reported a net loss of $1.9 million, or ($0.12) per diluted share, for the second quarter of fiscal 2010, compared to a net loss of $3.0 million, or ($0.18) per diluted share, in the second quarter of fiscal 2009.

–  Cash and cash equivalents as of September 30, 2009 were $16.1 million, compared to $17.0 million as of June 30, 2009.

–  Current deferred revenue was $27.3 million as of September 30, 2009, compared to $27.4 million as of June 30, 2009.  Total deferred revenue grew to $29.9 million as of September 30, 2009, from $29.3 million as of June 30, 2009.

–  Excluding non-recurring cash payments for severance, non-GAAP cash flow from operations was a net inflow of $0.5 million in the second quarter of fiscal 2010. Including the non-recurring payments for severance, GAAP cash flow from operations was a net inflow of $0.4 million, a $1.4 million improvement compared to the same period a year ago.

Additional Second Quarter Business Highlights

–  During the second quarter, Salary.com added approximately 100 customers, and ended the quarter with approximately 3,600 enterprise customers.

–  New customer additions in the second quarter of fiscal 2010 included: Boston Medical Center, Caraco Pharmaceutical Laboratories, Ltd., Casio America, Inc., The Cooper Health System, Emergint Technologies Inc., and Washington Mills Management, Inc.

–  During the second quarter, Salary.com held user conferences in Boston, Chicago, New York, San Francisco, and Singapore, with over 500 customers attending.  The user groups offered four separate tracks for different human resources disciplines and featured industry experts from Gartner, IDC, and Bersin & Associates as speakers.

–  At the HR Technology Conference in October, Salary.com won the Talent Management Shootout in a vote by hundreds of human resources professionals.  TalentManager won the contest against three competitors after a demonstration of its easy-to-learn and easy-to-use features and the seamless integration of TalentManager’s data-driven content with Salary.com’s performance, competency, goal management, compensation planning, succession planning, career planning, and employee development software and data solutions. Bersin and Associates published the reasons they believe Salary.com won the Shootout in a blog post.

–  During the second quarter, Salary.com repurchased approximately 179,000 shares at an average purchase price of $3.01 per share.  To date, the Company has repurchased approximately 1.3 million shares at an average price of $2.03 per share.

Bryce Chicoyne, Salary.com’s chief financial officer said, “Our effective execution in the second quarter resulted in an increase in bookings, revenue, and operating cash flow on both a year-over-year and sequential basis, and I am proud of that accomplishment. We remain committed to long-term revenue growth and cash flow generation and are managing the company with that in mind. Larger deal trends and a continued strong customer retention rate are fueling our optimism for long-term growth.”

Business Outlook

For the third quarter of fiscal 2010, Salary.com expects total revenue in the range of $11.4 million to $11.9 million. Non-GAAP net loss is expected to be in the range of $1.7 million to $2.2 million. Non-GAAP net loss excludes non-cash stock-based compensation expenses in the range of $1.7 million to $2.0 million, amortization of intangibles in the range of $1.2 million to $1.3 million, and restructuring charges of approximately $100,000. GAAP net loss for the third quarter of fiscal 2010 is expected to be in the range of $4.7 million to $5.8 million. Weighted average diluted shares for the quarter are estimated to be approximately 16.2 million shares.

For the full year fiscal 2010, we expect revenue to be in the range of $46.5 million to $50.5 million. Non-GAAP net loss is expected to be in the range of $4.8 million to $8.8 million. Non-GAAP net loss excludes non-cash impact of stock-based compensation in the range of $8.0million to $10.0 million, amortization of intangibles in the range of $4.8 million to $5.1 million, and restructuring charges of approximately $200,000. On a GAAP basis, net loss for fiscal 2010 is expected to be in the range of $19.3 million to $23.3 million. Non-GAAP cash flow from operations, which excludes $500,000 in severance, is expected to be in the range of $1.2 million to $2.2 million in fiscal 2010. Weighted average diluted shares for the year are estimated to be approximately 16.3 million shares.

For more information on Salary.com, please visit www.salary.com

 

Matt Lafata, HRchitect

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Hodes IQ Receives High Marks in Newly Published Bersin & Associates Talent Acquisition Report…from Hodes iQ

October 23, 2009

 

Hodes IQ Receives High Marks in Newly Published Bersin & Associates Talent Acquisition Report

Research study cites employer branding experience and powerful sourcing tools as industry leaders

HRchitect includes Hodes iQ in our list of top Talent Acquisition Systems vendors that businesses should consider. Hodes iQ competed in the HRchitect Beauty Pageant on Talent Acquisition Systems in August 2009, where they were crowned the winner. Jeremy Shapiro, Senior VP with Hodes iQ appeared on the HRchitect WebMingle on September 18, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Hodes iQ, Bernard Hodes Group’s award-winning talent acquisition and management product, was recently recognized in a comprehensive research study by Bersin & Associates as an industry leader in the crucial areas of employer branding, source-of-hire tracking and customer service. Furthermore, the study names Hodes iQ as a top choice for mid-market and enterprise-level companies seeking to improve employer branding and streamline recruitment processes.

“Talent Acquisition Systems 2010: Facts, Practical Analysis, Trends, and Provider Profiles,” is the first study to thoroughly assess the state of the talent acquisition market and serves as a buyer’s guide to talent acquisition software systems, and the objective of the research was to address market shifts and best practices, along with profiling the leading talent acquisition systems. The report explores and reviews each talent acquisition company including background, core and advanced features offered, service offerings, key differentiators and quality of user experience.

According to Bersin & Associates’ research, Hodes iQ is a leading SaaS (Software as a Service) talent acquisition and management system with the combination of a top-ranked, job-posting system, résumé data mining system and expertise in best-in-class corporate career sites.

Other key differentiators for Hodes iQ, according to the study, include: 

• Having the ability to provide both the technology and the branding for customers.

• Developing a strategy of investment in additional support and technology for customers.

• Continuing to grow during an economic downturn.

• Providing users the ability to track and analyze the source of hires through its embedded and native job sourcing and distribution technology, SmartPost, which is cited for being a “great source of data for customers looking for insight on the best job boards”.

“This study confirms that for recruiters as well as for HR leaders, Hodes iQ is ahead of the curve as candidate behavior and talent management solutions continue to shift, and employers need the kind of tools and support to work efficiently, productively and with measurable results,” said Dwaine Maltais, senior vice president, E-Recruiting Solutions.

Hodes iQ also stands out from other companies in this space by providing excellent customer service and support.

For more information on Hodes iQ, please visit www.hodesiq.com

 
Matt Lafata, HRchitect

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Learn.com named as a Leading Talent Management Provider…from Learn.com

October 12, 2009

 

HRchitect includes Learn.com in our list of top Learning Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Learn.com, the leader in on-demand workforce development and productivity announced today that Bersin & Associates, the only research and advisory firm focused solely on enterprise learning, talent management, and talent acquisition, named the company a leading provider in its latest study, Talent Management Systems 2010: Market Realities, Implementation Experiences, and Solution Provider Profiles. The study also highlights Learn.com’s development innovation; compliments the company’s completeness of vision and newest product modules, SkillScore and MyProfile.

According to the study, “Learn.com has consistently been one of the fastest-growing and financially solvent companies in the learning management market. Today the company offers a broad set of features for performance management, career and succession management, compensation management, and recruitment management in one product – the LearnCenter platform. A talent management system, the LearnCenter platform rests on a single database to manage employee profiles, competencies, jobs, organizational hierarchies and content across all of the talent management process. We believe that the Learn.com is well-suited for U.S.-based organization that would like an integrated LMS, LCMS, collaboration and performance management solution. The product’s ease of implementation and ease of use are appealing to organizations with limited IT and HR administration teams. “

“LearnCenter is well-suited for organizations of all sizes requiring an integrated performance management solution,” said Josh Bersin, president of Bersin & Associates.

“The recent partnership between Taleo and Learn.com, will bring together Taleo Development competitive performance management product and today’s 100% SaaS, primary “go to market partner”, Learn.com,” Bersin stated in his blog titled Taleo 10. “The Learn.com partnership is likely to go well.”

According to the Bersin & Associates study, “Learn.com has experienced a high growth rate within the last year and has gained significant market share, and Learn.com is in the top 10 providers in market share by revenue.” Also highlighted in the study are Learn.com’s advanced social tools to support informal and social learning in enable employees to easily share knowledge, collaborate with co-workers and leverage personal networks. According to the study, “The use of social tools is important in preparing for the next-generation solution provides with the growing use of Facebook, Twitter and LinkedIn.”

Learn.com is also named among the vendors with a strong internal development effort, continuously enhancing the platform to ensure better integration with other modules and more features. According to the study, “Internal development allows the solutions provider to focus on building high-valued integration points, integration workflow and process management, and designing a streamlined user experience.”

Currently, Learn.com offers strong profile management allowing users to update their own profiles on a field by field basis, with users will also able to control data viewing by role. This will streamline succession planning, modeling performance and focusing on true skills and work history. Learn.com also offers its own collaboration tool, the WebRoom, making the LearnCenter platform a unique system.

To access the full Bersin & Associates Report visit the Bersin & Associates website, www.bersin.com.

For more information on Learn.com, please visit www.learn.com

 
Matt Lafata, HRchitect

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Halogen Announces the Industry’s First Talent Management Suite for the Manufacturing Sector…from Halogen

September 9, 2009

New offering enables manufacturers to execute strategic HR programs and meet industry requirements for efficiency and compliance

HRchitect featured Halogen Software in our 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Halogen Software today announced the industry’s first and only talent management suite designed specifically for the manufacturing sector. This new offering will enable manufacturers to execute strategic HR programs and meet industry requirements for efficiency and compliance. Halogen developed the solution based on industry best practices and significant experience from over 200 manufacturing customer implementations.

The competitive manufacturing environment demands companywide focus on productivity, efficiency and quality, and a workforce that is skilled, engaged and accountable. Many manufacturing organizations have implemented programs such as ISO 9001, Six Sigma and Lean Manufacturing to achieve operational excellence and drive performance and quality. These industry drivers are leading a number of manufacturers to implement strategic talent management programs that align with compliance standards and quality initiatives – automating processes such as employee appraisals, learning management, pay for performance and succession planning.

“Industry market segments have very unique needs,” said Leighanne Levensaler, director of talent management research, Bersin & Associates. “Manufacturing is a particularly complex industry, and Halogen’s latest offering is well positioned to address the quality, productivity and compliance needs of this sector.”

Halogen eAppraisal Manufacturing is built from the ground up to meet the specialized employee performance and talent management needs of the manufacturing industry. Each feature and function is based on extensive research and confirmed as an industry best practice.

“Halogen eAppraisal Manufacturing will help us engage our workforce and drive our quality initiatives, making us more competitive as a manufacturer and as an employer,” said Frances Dunsmore, Human Resources Manager, GL&V Inc. USA, a leading global provider of technological solutions used in water treatment, recycling and purification, as well as in pulp and paper production.

For more information on Halogen Software, please visit www.halogensoftware.com
Matt Lafata, HRchitect

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Bersin & Associates Completes In-Depth Research Bulletin on the Buyer’s Need for an Adaptive LMS…from Learn.com

September 8, 2009

 

HRchitect includes Learn.com in our list of top Learning Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Learn.com, the leader in on-demand workforce development and productivity, announced recently that Bersin & Associates, the only research and advisory firm focused solely on enterprise learning, has completed an in-depth research bulletin, titled The Latest in Enterprise Learning & Talent Management – Learn.com: Update on a Fast Growing LMS Company. In this bulletin, Josh Bersin, President and Founder of Bersin & Associates examines the changing market for learning management systems, and discusses how Learn.com has evolved its strategy to continue its growth and success.

Bersin & Associates, a leading authority for the LMS and HR systems market, highlights one major customer satisfaction issue in this bulletin (Volume 4, Issue 31) that continues to come up – the need for an “Adaptable LMS”.  The research points to the challenge of automating training and knowledge-related business processes, which is compounded by the fact that most companies have unique training processes and business requirements and each tracks its own key performance indicators. As a result of these challenges, LMS systems have had to deal with hundreds of configuration options, customizations and customer driven changes. The research suggests that this is the single biggest challenge buyers have in their LMS implementation and deployment process and that almost all LMS systems receive poor marks in these areas.

“LMS systems have had to deal with hundreds of configuration options, customizations and customer driven changes. Vendors have struggled with this for years and, even today, the single biggest challenge buyers have in their LMS implementation is the customization of the system to meet their particular business requirements. This is where Learn.com has some unique advantages,” said Josh Bersin, President and Founder of Bersin & Associates.

The Bersin & Associates Research Bulletin highlights some of Learn.com’s Adaptability Advantages as: 

-      The Learn.com platform is a true SaaS platform, enabling customers to login, customize the system, administer their environment and manage the system without the need to implement any in-house software. All customers run on the same “version” of the platform in a “multitenant” environment. Learn.com benefits from this since all of the company’s customers run on the same version of the LMS software.

-      The user experience is fully configurable (CSS-enabled)

-      The platform includes content management, collaboration and other generalized tools that go beyond learning. This means that the platform is really an end-to-end “portal system” in addition to an LMS.

-      The platform has a unique capability to build “sub-LearnCenters” in a tree-like structure. This means that, once an organization implements Learn.com, they can build “sub-portals” which can either inherit all the setup and configuration options or operate with a totally different look, feel, workflow and set of business rules – all without ever having to customize the software source code.

“Since Learn.com is the only LMS that provides such extreme flexibility without the need for custom programming, our clients get a custom solution in less time, for less cost, with greater reliability and scalability.  The more than 2,500 system administrators of our Global clients agree that Learn.com’s extreme adaptability to any business need for both internal and external audiences is a major contributor to their successful initiatives.  The bottom line is simple – our clients get better results,” said Jim Riley, Chief Executive Officer at Learn.com.    

To download a copy of this report please visit www.learn.com/adaptive

For more information on Learn.com, please visit www.learn.com

 
Matt Lafata, HRchitect

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