Taleo Named an Industry Leader for Performance Management Software…from Taleo

April 2, 2011

 

HRchitect featured Taleo in our 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. Kevin Marasco, VP Brand Marketing with Taleo appeared on the HRchitect WebMingle on November 6, 2009. HRchitect attended the 2010 TaleoWorld conference and HRchitect’s Matt Lafata, one of the industry’s leading talent management systems analysts, attended Taleo’s annual Sales and Services meeting in 2010 & 2011.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has 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 always available to help!

Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, recently announced that it has been positioned in the Leaders quadrant of the 2011 Gartner Magic Quadrant for Employee Performance Management Software.

Gartner defines EPM (Employee Performance Management) as software that includes performance appraisal management, goals and objective management, succession management and compensation management solutions. The EPM Magic Quadrant analyzes vendors offering these solutions in terms of their completeness of vision and proven ability to deliver on that vision.

Taleo purposefully designed its solutions with the goal of transforming talent management from an HR process to a business process.

By focusing on making its solutions “everyday easy” for business users, Taleo is changing the traditional performance management process by creating continuous dialogue between managers and employees to help companies connect their strategy to the way they manage talent. This unique approach is driving phenomenal market adoption. Taleo’s EPM solutions are now used by more than 1.4 million people at 330+ companies of all sizes worldwide. Further, Taleo is increasingly selected as the solution of choice for some of the world’s largest financial, consulting, retail and communications organizations with anywhere from 25,000 to 280,000+ employees.

“We’re honored to be selected as a leader in EPM by Gartner. Taleo has the industry’s broadest, best in class Talent Management suite, spanning recruiting, performance, succession planning, learning and compensation management,” said Michael Gregoire, Taleo’s Chairman and CEO. “With growing organizational focus on talent as the most important corporate asset, companies of all sizes value our performance management solution as part of our broader offering for delivering Talent Intelligence on their people. This insight, in turn, drives better decisions and better business results.”

The Magic Quadrant takes market understanding, marketing strategy, sales strategy, offering (product) strategy, business model, vertical/industry strategy, innovation and geographic strategy into account when evaluating completeness of vision. Ability to execute is evaluated based on product/service, overall viability, sales execution/pricing, market responsiveness and track record, marketing execution, customer experience and operations.

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


Cornerstone OnDemand Positioned in Leaders Quadrant of 2011 Magic Quadrant for Corporate Learning Systems…from Cornerstone OnDemand

April 2, 2011

 

HRchitect featured Cornerstone OnDemand in our 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. Charles Coy participated in the HRchitect WebMingle on January 16, 2009. Cornerstone OnDemand participated in the Talent Management Systems Beauty Pageant in December 2008, where they were crowned the winner.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. HRchitect has 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 always available to help!

Cornerstone OnDemand (NASDAQ: CSOD), a leading provider of a comprehensive learning and talent management software solution, today announced it has been placed by Gartner Inc. in the “Leaders Quadrant” of the 2011 Gartner Magic Quadrant for Corporate Learning Systems report.  The Magic Quadrant positions vendors according to their “Ability to Execute” and “Completeness of Vision.” 

“We credit our recognition as a Leader by Gartner in the Magic Quadrant for Corporate Learning Systems to the quality and innovation of our organically developed software solution, as well as our relentless focus on supporting the success of our clients,” said Charles Coy, Director of Product Marketing for Cornerstone OnDemand.  “Recent activity among other learning vendors to build out or acquire additional talent management functionality validates our long-held product strategy.  Learning has always lived at the core of Cornerstone’s integrated talent management suite, ensuring that performance, succession and career management don’t end with assessment or measurement.  Continuous learning tools can close identified competency and readiness gaps to ensure that organizations have the right people, in the right jobs, with the right skills.”

Cornerstone’s learning and development platform, Cornerstone Learning, helps businesses optimize their investments in people by delivering highly targeted training of any kind – ensuring that blended learning initiatives actively address identified competency and skill gaps and drive organizational performance.  The platform provides a single point of online access to e-Learning delivery, instructor-led training (ILT) administration, virtual classroom sessions, content management and compliance management. 

The company’s Cornerstone Connect platform for enterprise social collaboration allows organizations to evolve their current LMS strategies to include social and continuous learning, all integrated with more traditional LMS capability. 

Cornerstone’s comprehensive software solution also includes Cornerstone Extended Enterprise, a platform for training, certifying and enabling extended networks of partners, suppliers, resellers, distributors and customers. 

“Organizations of all sizes and across various industries use our continuous learning platform to empower their people with tools for developing new skills, being productive leaders, collaborating effectively with colleagues and contributing directly to the success of the business,” said Coy.  “We also continue to see more organizations using our software to reach beyond the traditional four walls of the organization and build smart customer and partner networks.  This can facilitate both top-line revenue and bottom-line results, as well as become a new source of enduring competitive advantage.”

For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com.
Matt Lafata, HRchitect


Epicor to Acquire Spectrum Human Resource Systems Corporation…from Epicor

December 13, 2010

 

Cloud and Premise-Based HRMS Solution Broadens Next-Generation ERP Suite; Combined Experience and Platform to Deliver True International HCM Offering

If you are looking for a new Talent Acquisition System, Talent Management System, or any HR system, talk to HRchitect first. HRchitect has 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 always available to help!

Epicor Software Corporation (NASDAQ: EPIC), a leading provider of enterprise business software solutions to the midmarket and Global 1000 companies, today announced it has agreed to acquire privately held SPECTRUM Human Resource Systems Corporation based in Denver, Colorado for approximately $16 million in cash, subject to certain closing adjustments. The acquisition is expected to close by December 31, 2010.

With approximately 100 employees, over 430 direct customers (an additional 1,800 through OEM relationships), and projected full-year 2010 revenues of approximately $14 million, Spectrum’s best-in-class Web-based human resource and talent management solutions will be the core of the newly formed Epicor Human Capital Management (HCM) group. The acquisition broadens Epicor’s position as a leading provider of complete end-to-end enterprise business solutions to the manufacturing, distribution, retail, hospitality and services sector, with the addition of end-to-end HRMS. Epicor does not expect the acquisition to have a material impact on its 2010 financial results, but does expect it to be slightly accretive to revenue and earnings beginning the first quarter of 2011.

“Spectrum is perfectly aligned with our strategy to provide comprehensive solutions and services that offer businesses both choice and flexibility; delivered on-premise, as a managed service, or in the cloud,” said George Klaus, chairman, president and CEO of Epicor. “The acquisition is an excellent fit from a technology, corporate culture, and customer service standpoint—both companies leverage the Microsoft .NET Framework, have a customer-centric focus, and deliver service from a single-point of accountability.

“The opportunity to deliver this comprehensive best-in-class HRMS creates new market opportunities both domestically and internationally. The complementary technology focus along with our commitment to service-oriented architecture (SOA) will allow us to quickly integrate the product across many of our product lines particularly Epicor 9, which will create significant cross-selling opportunities to both our ERP and HCM customers.”

Global HCM Market Opportunity in the Cloud

According to a recent report by Gartner, Inc., “The application and delivery model portfolio needs to be actively managed to enable HR organizations to align their initiatives with business objectives. Poor decisions can lead to increased operating costs jeopardizing opportunities to improve service models and strategic capability. CIOs should include HCM applications in their service-oriented architecture (SOA) plans, and HCM technology governance plans must address growing SaaS use.”

In the same report Gartner states, “HCM applications are fundamental to an organization’s business application strategy. Consequently, the evaluation, selection and implementation of the applications will have a major impact on overall business application strategy. Gartner is estimating approximately $6 billion in revenue in the HCM software market in 2010, and expects 4.5% growth during the next three years.”

With combined focus on Microsoft .NET, Web 2.0 and cloud computing technologies, and expertise in delivering world-class business solutions, Epicor and Spectrum together can deliver a solution that requires no compromises and what no other company is providing today — an end-to-end HCM solution backed by local country support, localization and language, and supporting flexible delivery options including SaaS, hosted, and on-premise.

“We are excited to join forces with Epicor and the opportunity it creates to rapidly accelerate the momentum Spectrum has built in the HCM market,” said Sybll Romley, CEO and president of Spectrum. “The economic downturn has shifted much of the focus of corporate HR from recruitment and on-boarding to talent management and employee development. With increasingly decentralized workforces, the rise of social networking, and rapidly evolving government, privacy, and regulatory compliance requirements, the value of a truly integrated HCM solution that aligns HR best practices with the overall business objectives of a company is significant.”

“Epicor’s infrastructure and global presence also provides a strong platform to expand into new markets and geographies as a best-in-class solution,” Romley stated. “Our customers will benefit from the technology and product roadmap synergy between Epicor and Spectrum, as well as having direct access to Epicor resources worldwide — which we expect will deliver even greater value to all of our customers.”

Spectrum: Comprehensive HR Functionality

Epicor plans on continuing to develop and support the Spectrum iVantage® HRIS product offering, in line with Epicor’s “protect, extend and converge” strategy. The Spectrum solution covers all aspects of an organization’s HR needs, from applicant tracking and hiring to workforce management and succession planning. The intuitive, easy to use, browser-based interface and automated workflow provide a high level of employee self-service, enabling HR professionals to reduce time consuming clerical functions and focus on developing organizational and workforce strategies that can improve the bottom line. Powerful analytics and productivity reporting tools provide a complete picture of the workforce for better strategic planning and operational alignment.

The Spectrum offering will be immediately available to Epicor customers as an “extend” component integrated with their Epicor ERP solution. A full range of delivery options will be available including on-premise, hosted/managed services, or software as a service (SaaS).

For more information on Epicor, please visit www.epicor.com
Matt Lafata, HRchitect


StepStone Solutions closes MrTed acquisition – expands capability to address global talent acquisition market…from StepStone

August 27, 2010

 

HRchitect includes StepStone in our list of top Talent Acquisition Systems and 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. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is here to help!

StepStone Solutions, a global leader in Software-as-a-Service (SaaS) Talent Management solutions, has completed the acquisition of privately-owned e-recruitment software provider MrTed. The acquisition adds over 130 customers to StepStone Solutions’ existing customer base of 1,500 global businesses, including names such as France Telecom, Heineken, SGS, Alexander Mann Solutions, Wolters Kluwer, and Randstad. The acquisition accelerates StepStone Solutions’ global growth, extends its product set and widens its existing SaaS capability. For more information see www.stepstonesolutions.com

MrTed’s highly regarded MrTedTalentLink product, a fully SaaS-based offering, is recognised for a high level of innovation and flexibility in its architecture, which allows it to be rapidly configured to support individual user requirements within the context of a standardised, SaaS-based corporate environment.  As such it delivers both high levels of  user satisfaction and operational efficiency while remaining cost-effective to deploy and manage in the largest, multi-national enterprise talent acquisition projects. MrTedTalentLink has earned top marks from industry analysts. Gartner Group,  positioned MrTed in the “Visionaries” quadrant of its 2009 Magic Quadrant for e-Recruitment Software.  In its 2009 and soon-to-be-published 2010 studies of talent acquisition systems, Bersin & Associates highlights MrTedTalentLink’s advanced cloud architecture, application portability and dynamic user interface.

“Our immediate experience of working with the MrTed team, customers and products has been very rewarding, with a strong similarity in our cultures and processes,” said StepStone Solutions CEO, Matthew Parker. “The increase that MrTed brings in many areas of capability, combined with the global reach, customer base and market expertise of StepStone Solutions, give us an unmatched ability to serve customers of all types and sizes in every market including Europe, Asia-Pacific and the US.”

“This acquisition makes absolute sense,” said Josh Bersin, president of Bersin & Associates, a leading research and advisory firm focused on enterprise talent management and learning.  “Combined, these two companies have significant global market share.  We estimate that the talent acquisition market will continue to grow by about 10% over the next year, with much of that growth coming from global expansion.  Stepstone Solutions is well positioned to capitalise on this opportunity.”

The MrTedTalentLink product will continue to be developed, marketed and fully supported under the ownership of StepStone Solutions.

“I’m delighted that MrTedTalentLink, our staff and customers have found such a great home under the StepStone Solutions brand,” said Jerome Ternynck, MrTed’s former CEO, who will continue to work with StepStone Solutions in an advisory capacity. “Our customers should be particularly pleased as this acquisition will enhance the value they will get from their investment in MrTedTalentLink through the greater resources of a major player like StepStone Solutions.”

For more information please visit www.stepstonesolutions.com
Matt Lafata, HRchitect


New Kenexa 2x™ Platform Drives Business Transformation…from Kenexa

May 4, 2010

 

Cutting Edge SaaS Solution Features Unified Recruitment, Onboarding, Performance Management and Native Talent Management Applications for iPhone and BlackBerry

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. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009 and Rudy Karsan, CEO, will appear on June 17, 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. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is here to help!

With more than 20 years of experience in developing and delivering HR software solutions, Kenexa (NASDAQ:KNXA), a global provider of business solutions for human resources, today shared details of its new technology platform, Kenexa 2x™. Kenexa 2x provides a Unified Talent Record across the employment lifecycle linking Recruitment, Onboarding, Performance Management and Mobility on one technology platform. Kenexa 2x enables customers to improve productivity, increase cost savings, ensure compliance with corporate and legal mandates, and raise employee engagement.

Available now on Kenexa 2x are Kenexa 2x BrassRing™, Kenexa 2x Recruit™, Kenexa 2x Onboard™ and Kenexa 2x Mobile™. In Q3 2010, Kenexa will add Kenexa 2x Perform™ to its current Performance Management solution. Kenexa 2x Perform will offer leading edge performance management and succession planning tools to drive organizational alignment and ensure top performers are motivated and engaged.

According to recent Gartner research, “In 2013, mobile phones will overtake PCs as the most common Web access devices worldwide”.  Kenexa 2x Mobile addresses this global trend by delivering the first talent management applications natively developed for iPhone® and BlackBerry® platforms. With Kenexa 2x Mobile, hiring managers and approvers can now leverage the full power of their smart phones to speed decision making and gain competitive advantage with zero training.

Research from the Kenexa Research Institute shows that organizations with formal onboarding processes can recognize increased revenue gains of up to 40%. Kenexa 2x Onboard offers an integrated solution to deliver on this promise. Kenexa 2x Onboard leverages cutting edge Web 2.0 technology to deliver a new hire portal and integrated workflow management that offers an improved employee experience while ensuring compliance with legal and corporate policies.

Kenexa 2x BrassRing and Kenexa 2x Recruit solutions feature highly interactive dashboards, integrated workflow management across recruitment, assessment and onboarding, and real-time reports that facilitate robust analysis across critical business processes. Customers, who implement Kenexa 2x BrassRing or Kenexa 2x Recruit increase the efficiency of their recruitment processes, lower cost-per-hire, enhance the job seeker’s experience and reduce operating costs.

Derek Bluestone, vice president of product marketing, Kenexa, commented, “Kenexa has a long-standing position as the human capital management’s industry leader.  It was a natural progression of our R&D efforts to develop a platform that delivers a unified talent record, bringing together all of the details about a candidate or employee, regardless of where they are in the employee lifecycle or recruiting workflow. Our customers have given us very positive feedback about the potential that Kenexa 2x brings to their organizations. As Kenexa moves to the next phase of its growth, Kenexa 2x will be an integral part of that flight.”

“Unifying key recruiting, onboarding and employee performance management functionality with a single employee record is a natural progression in what is a relatively siloed market. Integration will become more important as H.R looks to improve data quality and process consistency,” said Thomas Otter, Research Director, Gartner.  “Also expected to intensify is the need for mobile applications as HR professionals, employees, applicants and managers rely on mobile devices to conduct business.”

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


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


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


Accero Meets Growing Demand for Software-as-a-Service (SaaS) with Accero On-Demand…from Accero

June 30, 2009

 

New On-Demand HCM delivery model provides anytime-as needed access for busy HR professionals while reducing clients’ IT burden

HRchitect includes Accero in our list of 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.

Accero Software (formerly Cyborg Systems), a leading provider of Human Capital Management (HCM) solutions to mid-size and large enterprises, today announced the availability of Accero On-Demand, a hosted, subscription-based service that provides clients with affordable, secure, anytime-anywhere Web access to a full range of integrated payroll and human resources tools.

Through Accero’s new software-as-a-service(SaaS) business model, customers in the US, Canada and the UK can subscribe to the recently released version 6.0 of the Accero Cyborg application suite. The 6.0 release, widely considered to be the most feature-rich release of the Cyborg solution in over a decade, includes two key enhancements that support the SaaS delivery model; a new browser based user interface called Fast Forward and enhanced user and role based security.

“Many on-demand vendor products are condensed, scaled-down versions that limit customers to a narrow set of configuration parameters,” said Tom Malone, Accero CEO. “Accero On-Demand delivers broad configurability and full HCM functionality to meet our customer’s most complex requirements while at the same time freeing up their in-house IT resources from time-consuming chores such as managing upgrades and monitoring third-party maintenance agreements, as well as purchasing and managing hardware.”

Accero On-Demand is ideal for mid-size and large enterprises or major business units of large companies, where IT resources face a backlog of projects. Hosted in Accero’s SAS-70 Type II certified hosting centers, Accero On-Demand clients will benefit from scalable, high-availability and high-performance computing that likely surpasses the performance and reliability of in-house computing resources. As a hosted, on-demand solution, all hardware, software, security and network considerations are managed by Accero’s team of IT experts.

Accero On-Demand subscribers access the system via a secure, Web-based interface and manage day-to-day and periodic duties the same as if the Accero Cyborg solution were deployed locally. HR teams can easily manage the full hire-to-retire lifecycle of their global workforce, and key tasks can be distributed to a decentralized team. User authentication and role-based security controls each user’s access to specific features, functions and data sets.

Additionally, Accero announces the availability of Accero On-Demand PLUS, a variety of services designed to enhance the core SaaS solution and help clients to optimize their HCM investments. Services range from tax preparation and filing to year-end processing to position administration and open enrollment management. Customers can choose Accero On-Demand PLUS services on an ad-hoc basis or as part of their standard subscription service agreement.

Accero On-Demand taps into a growing market trend for robust business applications that are licensed via a subscription service and deployed and managed by the vendor. Gartner, Inc., the world’s leading information technology research and advisory company, noted in a recent industry report that SaaS continues to gain in popularity. According to Gartner, worldwide SaaS revenue is expected to grow by 22 percent in 2009 (Gartner Market Trends: Software as a Service, Worldwide, 2009-2013).

Accero On-Demand’s availability, on the heels of the 6.0/Fast Forward release, demonstrates the speed with which Accero is emerging as an affordable, functionally rich alternative to traditional ERP vendors like SAP, Oracle and Lawson. The Accero Cyborg solution includes five industry-leading, best-of-breed HCM applications—notable for their configurability, robust functionality, rapid deployment and ease of use: Human Resources Administration; Benefits Administration; Payroll Administration; Employee, Manager and Benefits Self-Service; and Reporting Administration & Analytics.

For more information about Accero On-Demand, please visit www.accero.com.

 
Matt Lafata, HRchitect


Plateau Systems Unveils Latest Version of Industry Leading Talent Management Suite…from Plateau Systems

June 16, 2009

 

Plateau Talent Management Suite Version 6.1 Highlights Include New Organizational Dashboards, Enhanced Performance Review Capabilities and a Streamlined User Interface

HRchitect featured Plateau 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 Learning Management Systems vendors that businesses should consider. Plateau participated in the Learning Management Systems panel on June 10, 2009 as part of theHRshow2009 event. Jeff Kristick, Sr. VP Marketing of Plateau Systems appeared on the HRchitect WebMingle on April 3, 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.

Plateau Systems, a leading provider of talent management software, services and solutions, today announced the latest release of the company’s industry leading talent management suite. Featuring new, powerful and flexible talent planning capabilities, Plateau Talent Management Suite version 6.1 takes talent management to the next level by enabling organizations to implement an effective talent management strategy that will engage, develop and retain high performing workforces and create operational efficiencies that help organizations maximize their investment in talent management initiatives.

Plateau Talent Management Suite version 6.1 is an enterprise class on-demand application that consists of Plateau Learning, Plateau Performance, Plateau Compensation and Plateau Career and Succession Planning. Plateau OnDemand is in use by over 2.5 million users worldwide with some of the largest software-as-a-service deployments in the talent management space including six production customers with over 100,000 users each. This release introduces significant usability advancements and offers innovative tools for end users, managers, and organizational owners to better align individual development and performance with the achievement of corporate business goals. Specific product highlights include: 

  • Organizational Dashboards introduce key functionality that allows managers to have a finger on the pulse of the organization, enabling them to be proactive in providing the direction and actions required to meet company initiatives, maintain compliance, and meet goals and deadlines.
  • Enhanced Performance Review Capabilities that streamline processes and provide more efficient and effective navigation, simplifying the performance review process for both users and supervisors.
  • Streamlined User Interface provides a reorganized interface integrating the entire talent management application, effectively breaking down the barriers that exist between different areas of the application. The home page provides a launching pad for talent management processes, and includes new features that allow for easier access to common tasks, your to do list, and key performance indicators for important talent management processes.

“The talent management challenges facing today’s organizations are complex and rapidly changing,” said Paul Sparta, Chairman and CEO, Plateau Systems. “The complexities of today’s economic environment necessitate organizations to better align the goals and development of individuals with the overall strategy and goals of the company. This alignment will maximize productivity gains while increasing operational efficiencies across the organization. Our latest release arms users with the information and enhancements they need to quickly address these challenges.”

According to recent research from Gartner , “Talent Management application investment can help, in the short term, to improve employee productivity and lower costs while reducing risks in critical roles. …Short-term investments in talent management applications build the foundation for longer-term benefits by enabling organizations to understand how talent-related investments drive specific business outcomes….Enterprises face significant talent challenges, yet HR organizations have difficulty building a strong business case for talent management application investments. The current economic challenges make it more important for HR organizations to focus more on short-term productivity improvement and cost and risk reduction, in addition to the longer-term strategic value.”

Availability
Plateau Talent Management Suite 6.1 will be generally available next month, and will be available on-demand or on-premise. Additional information on the features available in Plateau Talent Management Suite 6.1 is available online at http://www.plateau.com/6.1. For more information on Plateau, visit www.plateau.com.

 
Matt Lafata, HRchitect


Plateau Launches Compensation Management Resource Center…Plateau

May 26, 2009

 

Leading Talent Management Provider’s Second Resource Center Offers Free Access to Interactive Tools, Educational Information and Events Focused on Compensation Management

HRchitect featured Plateau 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 Learning Management Systems vendors that businesses should consider. Jeff Kristick, Senior VP of Marketing with Plateau participated in the HRchitect WebMingle on April 3, 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.

Plateau Systems, a leading provider of talent management software, services and solutions, today launched its second informational microsite — the Plateau Compensation Resource Center. Similar to the Plateau Learning Resource Center unveiled in March, the Compensation Resource Center provides materials including whitepapers, podcasts, toolkits and worksheets to individuals and organizations interested in developing best practices around compensation management, justifying their compensation investments and linking their compensation initiatives with broader talent management goals.

“The Compensation Resource Center, the second free resource center Plateau has created, was developed in response to the positive feedback and web traffic generated by our recently launched Learning Resource Center,” said Jeff Kristick, SVP of Marketing at Plateau. “Learning Resource Center visitors are finding value in the quality, quantity and diversity of information available on the site, and have suggested that we create additional resource sites dedicated to other areas of talent management. With companies increasingly looking to integrate their employee compensation initiatives with broader talent management initiatives — from implementing pay for performance programs to leveraging non-monetary rewards to keep workers engaged and productive — we believed that a compensation management resource center would be timely, highly relevant and immediately valuable for talent management and business professionals.”

In addition to accessing whitepapers, news articles and reports, product demonstrations, best practices tips, datasheets and customer videos and case studies, visitors to Plateau’s Compensation Resource Center can register to attend online events, including an upcoming webinar on June 24 titled “Building the Business Case for Talent Management Application Investments.” During this free webinar, Gartner analyst Jim Holincheck will provide guidance on how organizations can build a compelling business case in the current economy for funding talent management application investments, and will discuss costs and actions that are impacted by talent management investments, such as aligning pay with performance.

Plateau’s Compensation Resource Center provides educational materials, information and interactive tools, including a compensation worksheet, to help visitors build a strong business case for compensation management.

For more information on Plateau, please visit www.plateau.com

 
Matt Lafata, HRchitect


Cornerstone OnDemand’s Adam Miller Named CEO of the Year by the Technology Council of Southern California…from Cornerstone OnDemand

May 9, 2009

 

The Technology Industry Awards honor Miller for outstanding corporate leadership, industry innovation, team building and community involvement

HRchitect featured Cornerstone OnDemand 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. Cornerstone OnDemand competed in the HRchitect Beauty Pageant on Talent Management Systems in November 2008, where they were crowned the winner. Charles Coy from Cornerstone OnDemand also participated in the HRchitect WebMingle in January 2009.

Cornerstone OnDemand Inc., a leader in on-demand, integrated learning and talent management software and services, today announced that the company’s President and CEO, Adam Miller, has been named CEO of the Year by the Technology Council of Southern California.  The awards were presented at the Technology Council’s annual gala event on Thursday, April 30 in downtown Los Angeles at the historic Millennium Biltmore Hotel. 

Now in its 15th year, The Technology Industry Awards’ CEO of the Year honor recognizes the head of a Southern California-based technology company who has made outstanding contributions to the industry over the past year.  This includes best-in-class performance in areas such as sales/revenue; team building; product innovation; profitability and fiscal resourcefulness; jobs in Southern California; and community involvement. 

“The Technology Council of Southern California is pleased to honor Cornerstone OnDemand CEO Adam Miller as the ‘best of the best’ in Southern California’s technology leadership for 2009,” commented Rick Sharga, president, Technology Council.  “It is especially gratifying to see how successful Cornerstone and our other awards finalists have been in spite of the economic climate.”

Since Adam Miller founded the company in 1999, Cornerstone OnDemand has enjoyed accelerated business growth, a strong financial performance, expanded global presence and industry-leading product innovation.  Cornerstone is recognized among the leading talent management vendors in its category by top industry analysts such as Gartner and Bersin & Associates, and it is ranked among the fastest growing companies in North America by organizations such as the Deloitte Technology Fast 500 and the Inc. 5000.  The company also recently created the Cornerstone OnDemand Foundation, which leverages Cornerstone’s expertise in workforce development, education and software deployment for philanthropic and community benefit.

“It is a great honor to be recognized by Technology Council, particularly considering the caliber of the other category finalists,” said Adam Miller, President and CEO of Cornerstone OnDemand.  “Cornerstone is bucking the current economic trend, with global expansion, a growing workforce and significant market share gains.  It really seems like the window of opportunity is wide open for the company, and I look forward to continuing to lead Cornerstone’s incredibly talented team as we build on our success and establish our philanthropic initiatives.”

For more information on Cornerstone OnDemand, please visit www.cornerstoneondemand.com

 
Matt Lafata, HRchitect


Cornerstone OnDemand Announces Record Fourth Quarter, Fiscal Year 2008 Performance…from Cornerstone OnDemand

March 3, 2009

 

Q4 Billings Up 90 Percent from 2007; Caps Off Successful Year Marked by Significant Client Growth, Global Expansion, Category-Leading Innovation and Industry Honors

 

HRchitect featured Cornerstone OnDemand 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. Cornerstone OnDemand also participated in the HRchitect Beauty Pageant on Talent Management Systems on November 21, 2008, where they were crowned the winner.

 

Cornerstone OnDemand Inc., a leader in on-demand, integrated learning and talent management software and services, today announced the company’s record performance for 2008, including a strong close to the year in Q4.  Despite the economic climate, billings for Q4 2008 were up 90 percent from the previous year, the most profitable quarter in the company’s history.  Overall fiscal year 2008 billings were up 62 percent from last year. 

 

“While other vendors are downsizing and cutting investment in key business areas, Cornerstone OnDemand is the exception,” said Adam Miller, President and CEO, Cornerstone OnDemand.  “Our strong business and financial performance in 2008 positions us well for the year ahead, and we will continue to dedicate resources to the evolution of our industry-leading software and to the provision of best-in-class client services.  As IT spending becomes increasingly conservative, we anticipate the low total cost of ownership of our SaaS-based platform, coupled with the substantial returns received by our clients, make Cornerstone even more attractive to organizations needing a comprehensive technology solution for managing, developing and connecting workforces.” 

 

Commented Josh Bersin, president, Bersin & Associates, “Organizations investing in talent management solutions are looking for a financially viable vendor partner that is agile enough to keep pace with business, technology, and market changes.  Cornerstone’s continued global growth, combined with its pure SaaS delivery and comprehensive and innovative approach to human capital management, favorably position the company among the top software vendors in the category.”

 

Noteworthy Q4 and FY 2008 milestones include:

 

  • Expanded Global Presence:  Cornerstone’s client base grew by nearly 70 percent in 2008, with the addition of companies in Q4 such as Sanford Health, Freedom Communications, Brooklyn Public Library and First Horizon, among others.  The company also saw continued growth of its European presence, with the addition of clients such as Coca-Cola HBC Austria, Travelex, and Active Languages, Switzerland, among others.  
  • Fast-Growing Category Leader:  Cornerstone’s accelerated business growth earned rankings among the fastest-growing companies in North America – including recognition by the Deloitte 2008 Technology Fast 500 and Inc. 5000.  Cornerstone also was named among the top 15 Fastest Growing Private Companies in Southern California by the Los Angeles Business Journal.  And industry analyst firms such as Bersin & Associates praised the company for its impressive growth, extensive global capabilities and committed client focus.
  • Award-Winning Talent Management Solutions:  Used by more than 1.8 million active subscribers in more than 141 countries around the world, Cornerstone’s integrated learning and talent management suite is recognized among the top vendor offerings in the industry by media and analysts.  This includes recognition such as a “Leaders” position on the Gartner Magic Quadrant for Corporate Learning Systems (CLS) report (June 2008) and, more recently, a position in the Gartner Magic Quadrant for Employee Performance Management Software (EPM) report (February 2009). * Cornerstone also earned the highest overall vendor rating (3.5 of 4 stars) in Bersin & Associates’ talent management suite study.
  • Industry-Leading Product Innovation:  Earning analyst praise as a visionary and first-mover in the integration of social networking and Web 2.0 tools with its platform, Cornerstone launched Cornerstone Connect in October 2008.  According to Gartner, by 2012, 40 percent of companies will incorporate social networks into their corporate learning systems.
  • Strategic Alliances:  In 2008, Cornerstone continued to form alliances with key content, service and distribution, and technology partners, including General Physics Corporation, Intrepid Learning Solutions and Monster Worldwide Inc., among others. 

 

For more information on Cornerstone OnDemand, please visit www.cornerstoneondemand.com

 
Matt Lafata, HRchitect


Top Analyst Firm Positions SuccessFactors in “Leaders” Quadrant in 2009 Report on Employee Performance Management Software…from SuccessFactors

February 17, 2009

 

SuccessFactors’ Position is Based on Its Completeness of Vision and Ability to Execute

 

HRchitect featured SuccessFactors 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.

 

SuccessFactors, Inc. (NASDAQ:SFSF), the global leader in on-demand performance and talent management solutions, today announced that it has been positioned in the “Leaders” quadrant by Gartner, Inc. for the Magic Quadrant for Employee Performance Management Software.

 

The “Magic Quadrant for Employee Performance Management Software,” by Jim Holincheck and Thomas Otter, and published February 3, 2009, estimates, “that the market for EPM software was more than $450 million for the 12 months ending on 30 September 2008.” Gartner defines leaders in this Magic Quadrant as companies that had “strong product functionality and superior customer experience with the vendor and its products… and strong or emerging multinational solutions (with corresponding service and support).”

 

With SuccessFactors’ announcement that the company exceeds 4.5 million global users, with more than 1.5 million users added in 2008, SuccessFactors is now one of the largest SaaS companies and is the leading provider of on-demand performance and talent management solutions.

 

“Now more than ever, organizations of all sizes are looking for unbiased, thoughtful analysis of where to invest their dollars, so SuccessFactors is honored to be recognized as a leader by Gartner in its Magic Quadrant for our market. I would personally like to thank the hard-working team I’m fortunate to lead at SuccessFactors,” said Lars Dalgaard, founder and president of SuccessFactors. “I believe this recognition validates the constant innovation and customer-first attitude that the world has come to expect from SuccessFactors.”

 

The SuccessFactors Performance and Talent Management Suite, which includes Performance Management, Goal Management, 360 Degree Reviews, Succession Management, Compensation Management, Learning and Development, Recruiting Management, Employee Profile, and Analytics and Reporting applications, creates a company-wide network of information related to employee performance, including skill-sets, interests, career aspirations, ability to relocate, experience, languages spoken and more. By providing deep, real-time, company-wide visibility into such critical performance data, companies are able to make better, more informed decisions about how to promote, recruit, compensate, reward and manage their entire employee base.

 

For more information on SuccessFactors, please visit www.successfactors.com

Matt Lafata, HRchitect


Taleo Positioned in Visionaries Quadrant for Employee Performance Management Software…from Taleo

February 13, 2009

 

Taleo Attributes ‘Very Advanced’ Web 2.0-based User Experience for Rapid Market Adoption of Solution

 

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 and Talent Management Systems vendors that businesses should consider. HRchitect is also the leading implementation partner for Taleo and Taleo Business Edition having performed more than 80 Taleo implementations.

 

Taleo (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced that it was positioned in the Visionaries quadrant  in the Gartner Magic Quadrant for Employee Performance Management Software.  Less than a year after its entry into the Performance Management segment, Taleo believes its exceptional user experience and proven ability to execute contributed to its positioning in this report. Taleo is also positioned in the Leaders quadrant of the Gartner Magic Quadrant for E-Recruitment Software report, published in June.

According to the Gartner Magic Quadrant on performance management, “employee performance management (EPM) software includes performance succession and compensation management capabilities.” 

Taleo’s position in the report was based on the company’s completeness of vision and ability to execute. When assessing completeness of vision, Gartner analysts evaluate marketing understanding, marketing strategy, sales strategy, offering (product) strategy, business model, vertical/industry strategy, innovation and geographic strategy. Ability to execute is evaluated on product/service, overall viability, sales execution/pricing, market responsiveness and track record, marketing execution, customer experience and operations.

“Having crystal clear insight into your business’ key performers has never been more crucial ,” says Michael Gregoire, Chairman and CEO of Taleo.  “Strategic performance management balances goals of increasing productivity, while reducing costs, a challenge all global businesses are attempting to master today. We are pleased to see influential analysts focus on this fast-emerging market of solutions that is driving positive change in global businesses.” 

 

For more information about Taleo, please visit www.taleo.com

Matt Lafata, HRchitect


Softscape Positioned in Visionaries Quadrant of Leading Industry Analyst Report…from Softscape

February 13, 2009

 

Softscape’s Single, Most Complete People Management Platform Solves Business Issues for Cost Containment, Restructuring, Mergers, and Compliance

 

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.

 

Softscape, the global leader in complete people management software, today announced it has been positioned by Gartner, Inc. in the Visionaries quadrant of the ‘Magic Quadrant for Employee Performance Management Software’ report. Gartner’s comprehensive report evaluates employee performance management software vendors, assessing the vendor’s ability to execute and the completeness of their vision.

 

According to the Gartner report, “Visionaries have been advanced in promoting the latest trends (for example, user experience) driving EPM solutions.” Softscape believes that its positioning in the visionaries quadrant further validates the company’s strong history as an innovative leader in the human capital management (HCM) market.

 

Having pioneered talent management over a decade ago, Softscape has consistently introduced forward thinking technology to offer customers the most complete people management solution in a single platform. Softscape provides the HR foundation which includes a core talent-based employee system of record, as well as the key capabilities to manage performance, development, compensation, succession planning, learning, 360 feedback, incentive compensation, hiring and recruiting, survey management, social networking, and workforce analytics. As a leader in the industry, Softscape offers superior customer care and support, and maintains the industry’s highest customer satisfaction and retention rate of ninety eight percent (98% ).

 

“In our opinion, being in the visionaries quadrant is more than just providing advanced and superior products to customers. It is fundamentally about providing customers with demonstrable, bottom-line results,” said Dave Watkins, CEO and co-founder of Softscape. “With our fourteen-year proven history and deep understanding of customer needs, Softscape has helped some of the most successful global organizations solve real business issues to drive performance, productivity, and workforce efficiencies. Consistently recognized as a leader by industry luminaries, analysts, and our customers, we continue to forge new innovations in our products, as well as in how we care for our customers.”

 

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

Matt Lafata, HRchitect


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