HireVue Leadership Team adds New Chief Marketing Officer…from HireVue

May 13, 2011

 

HireVue Welcomes Kevin Marasco as Chief Marketing Officer

- Experienced Industry Marketer Joins Fast Growing Provider of Video Interviewing Solutions-

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!

HireVue, a leading provider of video interviewing solutions, today announced that industry expert Kevin Marasco has joined the company in the role of Chief Marketing Officer (CMO). Acknowledged as one of the human capital management industry’s leading marketers, the addition of Marasco to HireVue’s leadership team positions the organization for continued rapid growth.

This news comes on the heels of an incredible first quarter that included year-over-year growth exceeding 300%, 17 new enterprise customers, 19 renewals, 3 new product releases, 2 new strategic partnerships and raving customer feedback including an industry-leading Net Promoter Score (NPS) of 42%. Recent HireVue customers include Starbucks, Sarah Lee, ConocoPhillips, DirecTV, Research In Motion, and Cardinal Health.

“We’re designing HireVue to be the game-changing video interview platform for the workplace. To start, we’re replacing antiquated communication and collaboration methods in the interview process,” said Mark Newman, HireVue’s co-founder and CEO. He continued, “Kevin is hands-down one of the most innovative marketers in technology today, and has a strong track record of building the best brands in talent management.”

Human Resource Executive magazine’s Technology Columnist, Bill Kutik, also the conference co-chair for the HR Technology Conference, observed, “I’ve worked with Kevin for nine years, as well as with most marketing executives in the industry, and no one rivals Kevin’s creativity, passion and drive. He’s a tremendous asset to any company lucky enough to land him.”

Most recently, Marasco was Vice President, Brand & Digital Marketing for San Francisco Bay-based Taleo (NASDAQ:TLEO). Prior to its acquisition by Taleo, Marasco was senior Vice President, Marketing and Sales Support at Vurv (formerly Recruitmax). Marasco’s educational background includes executive education at Harvard Business School and a bachelor’s in marketing from the University of North Florida.

Marasco commented, “Continually raising the bar and doing something huge is the mantra of my career. When I thought about the endless possibilities presented by HireVue and its unique offerings, I knew this was an organization on the cusp of an incredible breakout.”

For more information on HireVue, please visit www.hirevue.com

Matt Lafata, HRchitect

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Taleo Performance Management Leadership Skyrockets…from Taleo

March 9, 2011

 

Product Line Reaches New Highs in Growth, Customer Wins and Analyst Ratings

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, 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!

Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced Taleo’s Performance Management suite of products is breaking records in every aspect of the business.  Taleo Performance provides Talent Intelligence that gives executives new insight and visibility into their people, allowing employers to align their people strategies with their business objectives. 

As the only vendor to offer a full suite of talent management software solutions, Taleo is achieving tremendous momentum in its Performance Management product line.  Taleo’s modern architecture, and focus on the business user’s needs is driving selection of Taleo as the solution of choice by some of the world’s largest financial, consulting, retail and communications organizations. The provision of performance management and goals functionality as part of a unified suite of talent management capabilities that also includes Recruiting and Development was also a key factor in their decision.  Many of these customers are making strategic commitments to Taleo with enterprise-wide investments in Taleo Performance, resulting in over 1.4 million new licensed users.

“2010 was a breakthrough year in defining our suite approach and the success and momentum in Performance Management was a huge catalyst,” said Michael Gregoire, Chairman and Chief Executive Officer of Taleo.  “We opened the year with one of the industry’s largest PM deals ever with Bank of America and continued replacing or beating our competition around the globe quarter after quarter at DHL, Specialized Bike, Pixar and Alcatel Lucent to name a few.  Our   unique user-centric approach to Performance Management and Talent Intelligence gives executives insight into their people that they have never had before.”

Analyst Ratings

Taleo was recognized by IDC for having the most comprehensive Talent Management product strategy in the industry.  This research validates the strength of Taleo’s Performance Management products as a key part of Taleo’s broader suite of Talent Management products.  IDC Program Director for HR and Talent Management Services, Lisa Rowan, wrote: “Taleo is again a market leader in this analysis this year, with strengths in many areas including depth of capability of the individual talent functions, a robust partner ecosystem, strong brand recognition, global reach and a track record of innovative R&D.”  Ms. Rowan also writes, “The business imperative to tie talent management strategies to business objectives and outcomes has created a market category for integrated talent management solutions.” IDC’s research underscores the value in a tightly integrated solution that combines performance management with compensation, learning and recruiting. Taleo is the only vendor in this report to provide industry leading capabilities in all four of these areas.

New Product Innovation

Taleo’s Performance Management suite is consistently beating the competition because of its modern architecture that transforms performance management from an annual exercise to an ongoing dialogue that leverages social media, email and mobile technologies.    In particular, customers value features like Taleo Inbox that allow employees to provide feedback and update goal plans directly from within Microsoft Outlook and Lotus Notes. 

“With Taleo, RSC now has the ability to identify and develop future leaders using talent profiles and succession plans. Company leadership is talking about future leaders on a quarterly basis. It’s now part of our culture,” said Linda Luman, Vice President of Human Resources, RSC Equipment Rental.

In the latest release issued this month, Taleo continues this innovation with new embedded analytics and visualization tools that allow managers to quickly segment and benchmark pools of employees.  Now managers can create plans to develop, retain and engage employees to ensure that they have the talent they need to drive their business.  This new functionality also helps managers build a true picture of employee performance so that high performers are appropriately recognized and rewarded.

In addition to these advances, Taleo is building out its performance management suite with enhancements to matrix management and 360 degree feedback and tighter integration with Taleo Learn.

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

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Taleo Leads in Customer Satisfaction Across Multiple Market Segments…from Taleo

December 17, 2010

 

CedarCrestone Research Finds 94% Customer Satisfaction; Enterprises Average $4.7 Million in Total ROI With Taleo; Taleo’s Learn.com Solution Continues to Gain Momentum With Strong Customer Satisfaction

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 early 2010.

If you are looking for a new 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!

Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced high customer satisfaction for its Talent Management software suite, its service and support, and the access it provides to customers and partners through Taleo’s Talent Grid™ Cloud services community. Taleo customers provided these responses across two recent surveys: the Taleo Value and Customer Satisfaction Study by CedarCrestone, 2010, and the Talent Management Systems Customer Satisfaction 2011 report by Bersin & Associates.

These surveys determined a correlation between increased levels of satisfaction and broader product usage over the customer lifecycle with Taleo. For example, the Cedar Crestone survey found that customers using both Taleo Performance Management and Recruiting products are more likely to have increased quality of hires with significantly higher employee retention rates. Further, comments from the survey of more than 250 Taleo customers include:

“The knowledge and expertise found with the Taleo staff is outstanding. They are excellent business partners in helping us achieve our business goals.”

  • “Taleo is very responsive to questions and issues. The service we receive is of the highest quality.”
  • “I have been impressed with the timely response we receive when we have a question, and the willingness to find a solution to meet our needs.”
  • “Taleo gets it! They have the right product offerings to meet our business and strategic goals. They provide excellent support and they give us the opportunity to partner with other customers to share best practices.”
  • “Taleo is a mature company with excellent technology and an aggressive product roadmap. They have the full suite of Talent Management products to support our move to a single platform.”

“I have been doing surveys for over 25 years and it’s refreshing to see an energized and engaged customer base provide a 55% response level, making these results truly representative of Taleo’s customer base,” said Alexia Martin, Director of Research & Analytics at CedarCrestone. “While some customers had constructive criticism, by far customer responses indicated a high level of satisfaction and appreciation for Taleo’s products and services.”

The Bersin report which rates Taleo for outperforming in delivering customer satisfaction, cites that customers are not interested in point solutions and are migrating to integrated suite solutions that align with their talent strategies.

With the October 1 acquisition of Learn.com, also rated as outperforming in the Bersin analysis, Taleo is the only public company to offer best-in-class solutions across the critical components of a talent-optimized organization — recruiting, performance management, compensation and learning to its customers and their broader ecosystem of customers, suppliers, partners and resellers.

“Taleo’s ability to outperform in delivering customer satisfaction this year demonstrates the company’s continued focus on service and support during rapid growth,” said Josh Bersin, President and CEO, Bersin & Associates. “The company has demonstrated the ability to innovate, expand its market presence, and still stay focused on customer success.”

Other benefits of Taleo’s customer engagement focus include: 

  • Taleo enterprise customers surveyed are seeing the equivalent of a total return on investment of $4.7 million, factoring in: process savings as well as savings from a 14% decrease in time to hire and 10% reduction in cost of hiring.
  • Customers using both Taleo Recruiting™ and Taleo Performance™ report 10% better quality in their hires (67% vs. 57%) and 38% better employee retention (62% compared with 24%).
  • Taleo enjoys more than a 95% annual customer renewal rate. The survey found a correlation between increased levels of satisfaction with each additional year of partnership with Taleo. Customers that have been using Taleo solutions for three or more years are 5% more satisfied than companies that have been with Taleo for less than a year.

“We have had a phenomenal year due to our close partnership with our customers, helping them gain a competitive advantage through better Talent Intelligence. This year’s momentum is an indication that enterprises are responding positively to our offerings and our role as a trusted advisor,” said Michael Gregoire, Chairman and CEO of Taleo. “We are dedicated to our customers’ success and will continue to provide value, maintain impeccable service and offer new ways to help them grow through our talent management solutions.”

To view the CedarCrestone study, please visit: http://www.taleo.com/report/2010-taleo-value-and-customer-satisfaction-study

To view the Talent Management Systems Customer Satisfaction 2011: Executive Summary, please visit: http://marketing.bersin.com/CSat2011.html. The full report will be available at the end of this month. For more details, go to http://www.bersin.com/Store/details.aspx?docid=103313482

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

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Electrocomponents Selects Taleo to Increase Insight …from Taleo

December 7, 2010

 

World’s largest electronics and maintenance distributor chooses Taleo Talent Intelligence to give greater visibility and control of talent processes worldwide

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 early 2010.

If you are looking for a new 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!

Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced that Electrocomponents, the world’s largest distributor of electronics and maintenance products, with 1.5 million customers worldwide has selected Taleo’s Recruiting platform to increase the speed, efficiency and visibility of the company’s recruiting processes worldwide. By using Taleo’s talent intelligence framework and the latest on-demand technology to automate and streamline recruiting processes, the company is now able to develop an in-depth and up-to-the-minute insight into the state of their resourcing activities, right down to a specific business department or geographical region.

Trading as RS Components in the UK, EMEA and Asia Pacific, the FTSE 250-listed company operates in 27 countries and has over 5,600 employees globally. It will deploy the Taleo Platform worldwide this month. Taleo’s global reach in 218 countries was a key factor in Electrocomponent’s choice of solution, with job vacancies posted in French, German, Italian, Chinese and Japanese as well as English. The Taleo solution will also allow Electrocomponents to create a single portal for all careers, increasing usability for both candidates and hiring managers as well as giving the resourcing team greater visibility of key talent metrics.

“We were impressed by the functionality of the Taleo 10 platform,” commented Jon Hull, Resourcing Director for Electrocomponents. “It is very intuitive to use, both for applicants and hiring managers, which is crucial to driving adoption of the technology internally and ensuring that potential employees are not put off halfway through the application process. Taleo will also make a big difference to our reporting metrics. We have quite a geographically diverse workforce so the ability to quickly and easily gain an insight into what is going on in a specific region will be hugely valuable, not just for the resourcing teams but throughout the business.”

“With businesses looking to put the recession behind them and put the emphasis once again on growth, we are seeing a huge demand among businesses for greater talent intelligence so that they can have insight into their work force in order to know their people and grow their business,” commented Adam Brenner, Group Vice President EMEA, Taleo. “Employers are realising that people are their biggest asset, and are investing in tools that provide them with insights to know their people and grow their business”.

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

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Taleo Honored as 2010 HROA Award Winner…from Taleo

November 18, 2010

 

Taleo’s Talent Management Platform Wins the RPO Technology of the Year Award for Ease of Integration

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 early 2010.

If you are looking for a new 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!

Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, was awarded the RPO Technology of the Year Award from the Human Resources Outsourcing Association (HROA). The HROA includes outsourcing partners such as IBM, Hewitt and Accenture. This award distinguishes Taleo from other talent management providers and speaks to the strength and scalability of Taleo’s technology for the largest and most complex organizations in the world, that tend to work with HRO partners. “The awards honor the people, ideas and companies injecting new energy into global talent acquisition and management,” said Richard J. Crespin, Global Executive Director of the HROA.

Taleo has long been one of the foundational technologies in the Recruiting Process Outsourcing space. “Thanks to Taleo, our team is able to input and retrieve critical information from within the Taleo application and partner ecosystems, eliminating the need for visiting multiple sites to capture data and ensure the data is stored in one central repository,” said Chris Scowden, IBM Global Process Services.

Awards recipients were chosen by an open vote of the buyer-members of the Association. The awards recognize practitioners, providers and advisors who have brought renewed enthusiasm and innovation to HR outsourcing over the past twelve months.

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

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Taleo Advances Social Talent Management…from Taleo

November 12, 2010

 

Innovative Solutions, Powered by the Cloud, Increase Talent Intelligence and Deliver Immediate Benefits to Customers

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 early 2010.

If you are looking for a new 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!

Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, this week announced their social talent management framework and enhanced social networking technologies that enable customers to have better communication and engagement when hiring, managing, retaining and developing employees, ensuring that the right people are properly placed to meet business goals.

Unlike other point solutions, Taleo’s comprehensive framework offers unique innovations in community sourcing, social recruiting, employee engagement and social learning. According to the 2010 Social Recruiting report, 83% of companies surveyed will recruit through social media networks in 2010; and 92% of those companies that are actively hiring in 2010 will use social networks.

As a greater percentage of organizations are using forms of collaboration and social media for attracting and recruiting new employees, Taleo’s solutions help enterprises gain immediate benefits.

“Social media has democratized influence, forever changing the way employers, candidates and employees communicate with each other. Both employers and candidates need to be found and build trust through social channels. We see the value and importance of social networks, particularly content, connections, conversations and collaboration and their correlation to talent management,” said Shail Khiyara, Senior Vice President and Chief Marketing Officer. “We have taken all the richness of social networking concepts and continue to bring inventive thinking and leadership to enterprises through our solutions.”

Taleo’s Community Sourcing enables customers to cost effectively find higher quality candidates in less time by capitalizing on social networking tools like LinkedIn, Facebook and RSS feeds to engage more applicants. Taleo’s customers invite millions of candidates to join Talent Exchange and share their Universal Profile with prospective employers. Job opportunities are easily promoted to employee referral and alumni networks.

Taleo’s Social Recruiting solutions are an efficient way to engage and screen a greater number of candidates through Taleo’s social recruiting. Customers can seamlessly transfer candidates from social networking sites into Taleo’s recruiting solutions and consistently hire top talent.

Taleo’s Employee Engagement uses social tools to drive employee development through the sharing of feedback. Peers, team members, internal and external experts can easily exchange knowledge and ideas to increase productivity, advance projects and achieve common business goals.

Taleo’s Social Learning uses social tools to share learning content, ideas and recommendations, and provides the unique ability to access internal subject matter experts to drive informal learning.

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

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Taleo Continues Record-Setting Pace With Strong Q3 Results…from Taleo

October 28, 2010

 

Record Total Revenue of $58.7 Million; 31% Year-Over-Year Increase in Application Business Signed; Added 197 SMB Customers; 31% Increase Year-Over-Year

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. 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. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is here to help!

Taleo Corporation, the leading provider of on-demand talent management solutions, today announced its financial results for the quarter ended September 30, 2010.

“Smart organizations are mapping their business plans to parallel talent plans, ensuring they have the right people aligned to roles for both current and future business needs,” said Michael Gregoire, Chairman and Chief Executive Officer of Taleo. “Businesses recognize the need to know their people in order to grow their businesses and that requires better Talent Intelligence. Our third quarter results show the growing need for our unique blend of products and ecosystem.”

Taleo’s third quarter market momentum included:

–  Launch of two, easy-to-use, cloud-based analytics products, Taleo Insight(TM) for small and medium-sized businesses and a new version of  Taleo Analytics(TM) for larger enterprises.

–  Crossed a market adoption milestone, surpassing more than one million  performance management and compensation users under contract.

–  Acquisition of Learn.com, a leading next generation provider of social  and formal learning solutions. With Learn.com, Taleo becomes the  industry’s only company to offer best-in-class solutions across all  four pillars of a talent-optimized organization: recruiting,  performance, compensation and learning management.

–  Hosting 1,200 industry leaders in talent management at the company’s  annual global user forum, Taleo World, September 13-16 in Chicago. The  agenda included perspectives on talent from General Colin Powell and  Proctor and Gamble’s A.G. Lafley.

Financial and customer highlights in the third quarter included:

–  Total revenue of $58.7 million, an increase of 16% year-over-year;

–  Cash flow from operations of $15.4 million; total cash at $264 million  as of September 30, 2010;

–  Signed 214 new customers, including 17 new Taleo Enterprise customers and 197 new Taleo Business Edition customers;

–  Closed 4 large enterprise transactions with average annual contract values in excess of $250,000;

–  New customers included: Chipotle Mexican Grill, Cummins, Corinthian Colleges, Gate Gourmet Switzerland GmbH, Gefco, RHODIA, Epic Systems, Information Experts,  KPMG LLP, MSC Industrial, Skype, Thomas & Betts Corporation and Winn-Dixie Stores; and

–  Existing customers who chose to expand their Talent Management set of solutions with Taleo included: AT&T, Hitachi Data Systems, Phoebe Putney Memorial Hospital, and Total System Services, Inc.

Taleo delivered the following financial results for the third quarter of 2010:

Revenue: Total revenue for the third quarter was $58.7 million, an increase of 16% on a year-over-year basis. Application revenue for the third quarter was $48.6 million, an increase of 8% on a year-over-year basis. Services revenue for the third quarter was $10.1 million, an increase of 72% on a year-over-year basis.

Net Income and Net Income Per Share to Common Stockholders: Net income was $1.6 million for the third quarter, compared to a net loss of $(1.1) million for the same period last year. Net income for the third quarter of 2010 includes $3.0 million in amortization expense related to acquisitions, $2.1 million in acquisition-related transaction costs, and $4.2 million in stock-based compensation expense. Net income per diluted share was $0.04 for the third quarter, based on 41.0 million weighted average shares outstanding, compared to a loss per share of ($0.04) for the same period last year, based on 30.9 million weighted average shares outstanding.

Non-GAAP Net Income and Non-GAAP Net Income Per Share to Common Stockholders: Non-GAAP net income was $11.0 million for the third quarter, compared to non-GAAP net income of $6.7 million for 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 Worldwide Compensation, and excludes acquisition-related transaction costs, stock-based compensation expense, amortization of acquired intangibles, and the write-off of the Worldwide Compensation purchase option. Non-GAAP net income per fully diluted share was $0.25 for the third quarter based on 43.2 million fully diluted weighted average shares outstanding, compared to non-GAAP net income per fully diluted share of $0.20 for the same period last year based on 33.9 million fully diluted weighted average shares outstanding. The fully diluted weighted average shares outstanding used to compute non-GAAP net income per share have been calculated without giving consideration to the treasury stock method.

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

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Taleo Announces Another Record-Setting Quarter in Q2…from Taleo

July 28, 2010

 

Record Application Revenue of $47.9 Million; Closes Multi-Million Dollar Performance Management Contract Supporting 140,000 Users; Adds Over 200 New SMB Customers; 55% Increase Year-Over-Year

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. 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. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is here to help!

Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced its financial results for the quarter ended June 30, 2010.

“Businesses need insight on their people to power growth, and they are turning to Taleo to provide the software solutions and perspective needed to gain that insight,” said Michael Gregoire, Chairman and Chief Executive Officer of Taleo. “Our second quarter results are further validation that our Talent Intelligence framework is delivering value to nearly 4,700 companies around the world and is helping those customers power their businesses.”

Second quarter highlights included:

–  Revenues of $56.3 million, an increase of 14.6% year-over-year.

–  Cash flow from operations of $9.9 million; with total cash of $244.9 million at June 30, 2010.

–  Signed 226 new customers, including 18 new Taleo Enterprise customers and 208 new Taleo Business Edition customers.

–  Closed 8 large enterprise deals with annual contract values in excess of $250,000.

–  Significantly, the largest transaction for the quarter was a multi-million dollar sale of Performance Management to support more than 140,000 employees for an existing Recruiting customer that is one of the world’s largest professional services firms.

Second quarter customer momentum included the addition of the following new customers:

–  ASRC Federal Holding Company, Brinker International, Carnegie  Mellon University, LG Electronics, LLC, Cooper-Standard Holdings Inc.,  Miami Children’s Hospital,  Starplex Cinemas, The Reinalt-Thomas Corporation, Samsung Telecommunications America LLC, Savannah River Nuclear Solutions, Skyy Spirits, and Warner Music Group.

–  Existing Taleo customers that chose to add Taleo solutions to their Talent Management suites included: Adobe Systems Incorporated,  Magellan Health Services Inc., and Swissport USA Inc.

Taleo delivered the following financial results for the second quarter of 2010:

Revenue: Total revenue for the second quarter was $56.3 million, an increase of 14.6% on a year-over-year basis. Application revenue for the second quarter was $47.9 million, an increase of 11.7% on a year-over-year basis.

Net Loss and Net Loss Per Share to Common Stockholders: Net loss was $(1.4) million for the second quarter, compared to a net loss of $(0.1) million for the same period last year. Net loss for the second quarter of 2010 includes $3.2 million in amortization expense related to acquisitions, and $3.7 million in stock-based compensation expense. Net loss per share was $(0.04) for the second quarter, based on 39.4 million weighted average shares outstanding, compared to approximately breakeven for the same period last year, based on 30.4 million weighted average shares outstanding.

Non-GAAP Net Income and Non-GAAP Net Income Per Share to Common Stockholders: Non-GAAP net income was $6.1 million for the second quarter, compared to non-GAAP net income of $5.5 million for 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 Worldwide Compensation and Vurv acquisitions, and excludes costs associated with our 2009 restatement-related revenue review, acquisition related transaction costs, stock-based compensation expense, amortization of acquired intangibles, and the gain on re-measurement of a previously held interest in Worldwide Compensation. Non-GAAP net income per fully diluted share was $0.14 for the second quarter based on 42.7 million fully diluted weighted average shares outstanding, compared to non-GAAP net income per fully diluted share of $0.17 for the same period last year based on 32.6 million fully diluted weighted average shares outstanding.

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

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Taleo Announces Record-Setting First Quarter Results…from Taleo

April 29, 2010

 

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. 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. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is here to help!

Taleo Corporation , the leading provider of on-demand talent management solutions, today announced its financial results for the quarter ended March 31, 2010.

“This quarter was a testament to a theme we are seeing across our customers’ businesses: talent equals growth,” said Michael Gregoire, Chairman and Chief Executive Officer of Taleo. “As businesses move from cost-cutting to growth, they want insight to find and align the right people with the right initiatives. Customers and prospects alike are embracing Taleo’s talent management solutions to provide that insight and drive their growth strategies.”

First quarter highlights included:

–  Revenues of $55.0 million, an increase of 14.5% year-over-year.

–  Application revenue of $47.6 million, an increase of 15.4% year-over-year.

–  Net income of $0.8 million, or $0.02 per fully diluted share.

–  Non-GAAP net income of $6.9 million, or $0.16 per fully diluted share, an increase of 22.0% year-over-year.

–  Cash flow from operations of $11.4 million.

–  Signed 260 new customers, including 19 new Taleo Enterprise customers and a record 241 new Taleo Business Edition customers.

–  Closed 5 large enterprise deals with annual contract values in excess of $250,000.

–  Closed largest contract in Taleo’s history for Talent Management suite, through a contract with Hewitt Associates. The contract expands an existing Taleo Recruiting relationship to include Taleo Performance Management.

–  Closed acquisition of Worldwide Compensation, Inc. on January 1, 2010, adding compensation management to suite of unified talent management solutions.

First quarter customer momentum included:

–  New enterprise customers included: Board of Regents of the University System of Georgia, Brady Corporation, CareFusion 303, Inc., Cincinnati Children’s Hospital Medical Center, DAL Global Services — a Delta Airlines company, HealthSouth Corporation, Kwik Trip, Lance, Inc., Outback Steakhouse, RS Components, UNC Healthcare System, United Supermarkets L.L.C., and the University of Otago.

–  Existing enterprise customers also chose Taleo to build out their suite of Talent Management solutions including: RTI International and National Heritage Academies, which have added Taleo Performance Management, and CDW, which completed its suite with Taleo Compensation this quarter.

–  New small and medium-sized customers (companies with up to 5,000 employees) included: Bubba Gump, Grand Sierra Resort and Casino, Konica Minolta Systems Lab, NASDAQ, New Look Retailers, Paddy Power and Specialized Bikes. New Talent Management suite customers in this segment include: Capital Care Medical Group, HW Lochner, Jefferson Regional Medical Center, McNeil Technologies, and Teknika HBA.

Taleo delivered the following financial results for the first quarter of 2010:

Revenue: Total revenue for the first quarter was $55.0 million, an increase of 14.5% on a year-over-year basis. Application revenue for the first quarter was $47.6 million, an increase of 15.4% on a year-over-year basis.

Net Income (Loss) and Net Income (Loss) Per Share to Common Stockholders: Net income was $0.8 million for the first quarter, compared to a net loss of $(2.1) million for the same period last year. Net income for the first quarter of 2010 includes $3.1 million in amortization expense related to acquisitions, and $3.2 million in stock-based compensation expense. Net income per fully diluted share was $0.02 for the first quarter, based on 40.3 million fully diluted weighted average shares outstanding, compared to a net loss per share of $(0.07) for the same period last year, based on 30.3 million weighted average shares outstanding.

Non-GAAP Net Income and Non-GAAP Net Income Per Share: Non-GAAP net income was $6.9 million for the first quarter, compared to non-GAAP net income of $5.6 million for 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 Worldwide Compensation and Vurv acquisitions, and excludes costs associated with our 2009 restatement-related revenue review, acquisition related transaction costs, stock-based compensation expense, amortization of acquired intangibles, and the gain on remeasurement of a previously held interest in Worldwide Compensation. Non-GAAP net income per fully diluted share was $0.16 for the first quarter based on 42.4 million fully diluted weighted average shares outstanding, compared to non-GAAP net income per fully diluted share of $0.18 for the same period last year based on 31.2 million fully diluted weighted average shares outstanding.

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

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Taleo Re-Certified as “Rated Outstanding” by the Technology Services Industry Association (TSIA)…from Taleo

April 18, 2010

 

Company Lauded for Outstanding Global Technical Service and Support in Talent Management

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. 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. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is here to help!

Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced that it has been re-certified by the Technology Services Industry Association (TSIA) as “Rated Outstanding” for global assisted customer support from its North America support center. The TSIA certification program involves in-depth audits of support functions against a broad range of best-practice criteria for delivering industry-leading technical support. Last year, Taleo became the first and only talent management provider to receive this esteemed accreditation. This year, the scope of Taleo’s re-certification extended to include the company’s global compliance processes. Taleo demonstrated sustained performance and improvement in all aspects of the review.

“Taleo’s unwavering commitment to their customers was demonstrated throughout the re-certification process,” said Thomas Pridham, Vice President & General Manager of the Organizational Development Services at TSIA. “We commonly see companies do well during the initial certification process and then lose momentum and score lower the second year. We are impressed with Taleo’s continued improvement and commitment to providing excellent technical service and support.”

Taleo’s assisted technical support processes continue to exceed industry benchmarks. By providing multi-lingual technical assistance and a Web-based customer portal that is available 24×7, Taleo’s customer support organization is able to address the unique needs of each customer quickly and efficiently. And unlike traditional enterprise resource planning (ERP) software vendors, Taleo provides free baseline support and actively mines performance and application vital signs for proactive opportunities to better support customers.

“Providing industry-leading customer support is one of our corporate values and something we take very seriously at Taleo,” said Guy Gauvin, Executive Vice President of Global Services for Taleo. “This re-certification underscores our commitment and dedication to providing our customers with the best service available. We look forward to extending this recognition with other certifications from TSIA, such as their ‘Excellence in Services Operations’ that will include the Unassisted Support module. This is just another step in our relentless pursuit of superior customer support.”

About TSIA The Technology Services Industry Association is the technology services industry’s largest and most vibrant association, encompassing more than 50,000 members from 300 companies in 80 countries.

For more information on Taleo, please visit www.taleo.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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Taleo Delivers Strong Third Quarter Results …from Taleo

October 29, 2009

 

Posts Record Revenue of $50.7 Million; Generates $13.6 Million in Cash Flow From Operations; Adds More Than 40 New Performance Management Customers; Increases Sales Across Enterprise Segment for Full Talent Management Suite of Solutions

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 will appear 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 quarter ended September 30, 2009.

Summary quarterly highlights:

–  GAAP revenues of $50.7 million for the third quarter of 2009, an increase of 9% year-over-year.

–  GAAP application revenue increased to $44.9 million, growth of 20% year-over-year and 5% quarter-over-quarter.

–  GAAP net loss of $(1.1) million or $(0.04) per share.

–  Non-GAAP net income of $6.7 million, or $0.20 per fully diluted share.

–  Cash flow from operations of $13.6 million; total year-to-date cash flow from operations increases to $30.1 million.

–  Signed 167 new customers, including 17 new Taleo Enterprise customers and 150 new Taleo Business Edition customers.

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

–  Signed more than 40 new performance management customers across both enterprise and SMB segments, increasing the company’s total performance management customer base to more than 160.

–  Announced an agreement to acquire the remaining shares of strategic partner Worldwide Compensation, Inc.

–  Launched the Talent Grid ‘cloud community’ set of online exchanges to the market, and announced plans to deliver Taleo 10 in the fourth quarter of 2009.

“Strategic talent management is driving innovation, growth and business success for companies of all sizes,” said Michael Gregoire, Taleo Chairman and CEO. “Those that are locking in their growth plans for 2010 are choosing Taleo to transform how they optimize their businesses by using the most advanced talent management system, Taleo. An example of this is Harris Teeter, the grocery store chain, which standardized their recruiting on Taleo in Q2 2008, and based on the positive impact on their business, expanded their use of Taleo this quarter.”

Significant achievements included:

–  Acquired 17 new enterprise customers, and closed 7 large enterprise deals with annual contract values in excess of $250,000. New enterprise customers include: Cognizant Technology Solutions, Shaw Industries, U.S. Cellular, Lifespan, Xcel Energy, Itron, Atmos Energy, and Centegra Health System.

–  Signed 150 new small and medium-sized customers. Taleo Business Edition, a talent management solution targeted at companies with less than 5,000 employees, now has more than 3,500 customers. New Taleo Business Edition customers include: Skymall, Medical Management Resource Group, Wesley Homes, vCustomer Corp., RQ Construction, Lakeside Schools, TIB Bank, Talyst and Communications Infrastructure Group.

–  Received Human Resource Executive magazine’s Product of the Year award for Taleo Perform, the company’s performance management solution for small-to-medium sized businesses.

–  Continued momentum in enterprise talent management suite sales. Sales this quarter included both new and existing customers, with several long-standing Taleo recruiting customers choosing to power their talent management initiatives with Taleo’s performance management solutions and new customer Penske Truck Leasing selecting Taleo to start with a unified offering.

–  Strong quarter in new performance management deals across both enterprise and SMB segments. Taleo now has more than 160 performance management customers, up from roughly 120 at the end of the second quarter of 2009. New enterprise performance management customers include: RSC Equipment Rental, SavaSeniorCare, Talisman Energy and a Fortune 500 customer closed through IBM.

–  Hosted its annual user conference, Taleo WORLD, in Las Vegas to its largest audience of customers, prospects, partners and industry influencers.

–  Announced plans to deliver to market a complete Talent Management suite of solutions for enterprise and small-to-medium sized businesses, called Taleo 10. The enterprise solution includes a unified interface across all components, and new capabilities in recruiting, development planning, and also mobile/social networking enablement. The SMB solution will add compensation management functionality. Taleo 10 is expected to be generally available in the fourth quarter of 2009.

–  Launched the Talent Grid to offer customers and partners online access to a broad collection of talent management domain expertise.  The Talent Grid is comprised of the Knowledge Exchange, providing an online customer community for best practices; the Solution Exchange, providing a wide range of partner solutions; and the Talent Exchange, providing a global network of candidates and careers.

–  Announced plans to acquire the remaining shares of strategic partner Worldwide Compensation, Inc., adding best-in-class compensation management functionality to our suite of unified talent management applications.

–  Continued to achieve Vurv customer conversions and commitments to convert to Taleo. Recent Vurv customers committing to Taleo include: Northrup Grumman, Perot Systems, Magellan Health Services, Adventist Health System, United Stationers, Harland Clarke and Total System Services.

Taleo delivered the following financial results:

Revenue: Total revenue for the third quarter was $50.7 million, representing an increase of 9% on a year-over-year basis. Application revenue for the third quarter was $44.9 million, an increase of 20% on a year-over-year basis.

Net Income (Loss) and Net Income (Loss) Per Share to Common Stockholders: Net loss was $(1.1) million for the third quarter, compared to a net loss of $(5.9) million for the same period last year. Net loss includes $3.6 million in amortization expense related to the acquisition of Vurv, stock-based compensation expense of $3.1 million and $1.1 million of other expense related to the write-off of the Worldwide Compensation purchase option. Net loss per share was $(0.04) for the third quarter of 2009 based on 30.9 million weighted average shares outstanding compared to a net loss per share of $(0.20) for the same period in 2008 based on 29.4 million weighted average shares outstanding.

Non-GAAP Net Income and Non-GAAP Net Income Per Share: Non-GAAP net income was $6.7 million for the third quarter of 2009, compared to non-GAAP net income of $5.1 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 write-off of the Worldwide Compensation purchase option. Non-GAAP net income per fully diluted share was $0.20 for the third quarter of 2009 based on 33.9 million weighted average shares outstanding compared to non-GAAP net income per fully diluted share of $0.15 for the same period in 2008 based on 33.3 million weighted average shares outstanding.

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

 

Matt Lafata, HRchitect

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Taleo Named to Deloitte Technology Fast 500…from Taleo

October 25, 2009

 

Ranked as One of the Fastest Growing Technology Companies in North America

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 will appear 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 it has been named to the Technology Fast 500, Deloitte LLP’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004–2008.

“Technology Fast 500 recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth,” said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. “We congratulate Taleo on this accomplishment.”

“With its impressive five-year growth, Taleo has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America,” said Mark Jensen, Managing Partner, Technology and Venture Capital Services, Deloitte & Touche LLP. ”Deloitte is proud to honor Taleo for its achievement.”

Taleo’s software helps organizations around the globe to better find, understand and engage their key performers and drive business growth. Accordingly, a recent survey by PricewaterhouseCoopers found that the number one priority of 97% of global CEOs is to find and retain top talent. This prioritization has helped drive Taleo’s growth.  The company’s leadership in this software sector continues with the recently launched Taleo 10 talent management solution and online ecosystem, the Talent Grid, enabling customers with both product and perspective to drive better business success.

“Inclusion in the Technology Fast 500 is nice validation of our business, stability and commitment to innovation,” said Michael Gregoire, Chairman and CEO of Taleo. “As the economy recovers and CEOs move from cost-cutting to growth, Talent Management tools and best practice domain knowledge becomes even more critical. Taleo is poised to continue to drive innovation to help businesses meet that challenge.”

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

 
Matt Lafata, HRchitect

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