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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Taleo Launches the World’s Largest Talent Management Community; New “Talent Grid” Combines the Power of Cloud Computing and Social Networking…from Taleo

September 13, 2009

 
Three New Exchanges Connect Over 175 Million Candidates, 4,100 Customers, Millions of Users and Dozens of Partners in Thriving Talent Management Ecosystem

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. Al Campa, Chief Marketing Officer 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.

Less than a year after announcing its Cloud Community strategy, Taleo Corporation (NASDAQ: TLEO), today delivers on that vision with the launch of its Talent Grid.   A set of three online exchanges, the Talent Grid provides a forum for Taleo customers, partners and job seekers to discuss and share best and “next” practices, discover innovative solutions and interact to match up the world’s top jobs with the best talent.

The first and only cloud-based community of its kind, the Talent Grid offers Taleo customers unprecedented value and the ability to drive superior business performance.  This is made possible by harnessing the power of collaboration.  By pairing social networking with Talent Management, Taleo’s Talent Grid will bring together thousands, perhaps millions, to recruit talent, seek jobs, share knowledge, solve problems and offer insights. 

The Talent Grid includes: the Knowledge Exchange, an online customer community; the Solution Exchange, a partner ecosystem; and the Talent Exchange, a marketplace where candidates and companies can connect. All three communities are built on and connected by a collaborative Web 2.0 framework. The Talent Grid is accessible as a convenient extension of Taleo’s on-demand Talent Management software solutions for enterprise, medium-sized and small businesses. 

“At Taleo, we recognize the power of great Talent Management to transform and lead business performance,” said Michael Gregoire, Chairman and CEO of Taleo.  “Beyond innovative software, the true catalyst for putting Talent Management at the center of business change will come from the world’s domain experts.  We are delighted to galvanize the world’s largest Talent Management ecosystem of experts—our customers, partners, employees and candidates.  Together, we have built a Talent Grid that will empower businesses of all sizes to transform their workforces and their business performance.”

Knowledge Exchange:  Social Network for Talent Management
Taleo’s new online customer community brings together Talent Management best practices, metrics, methodologies and domain expertise from customers and experts in dozens of industries around the world. The Knowledge Exchange facilitates customers’ ability to share and discuss a wide range of talent management topics, product ideas and best practices, and tomorrow’s next practices, in a quick social manner. In pilot since April, the Knowledge Exchange is already buzzing with customer interaction, networking and idea generation from early participants who’ve driven hundreds of active discussions, uploaded content, presentations, videos and even shared sample code.  

“The Knowledge Exchange has already saved us five support calls at TeleTech.”  Brenda Reid, Director, Global Talent Acquisition, TeleTech

“This is addictive,” Amanda Anderson, Manager of Recruitment Technology, Hyatt Hotels

Solution Exchange:  Applications Marketplace for Talent Solutions
Taleo’s powerful integration platform and large ecosystem of “pre-integrated” partner solutions offers customers the ability to rapidly extend the value of their Taleo investment with a highly diverse set of products and services including sourcing, compliance, assessment, learning, tax credit screening, background checks, and various emerging technologies.  Taleo’s Solution Exchange provides a marketplace where customers can quickly explore, evaluate, demo, compare and activate solutions that extend the value of their Taleo products–without ever leaving the site.  Debuting with more than 70 solutions at launch, the Solution Exchange is available for Taleo customers and partners today. Early participants say:

“Taleo’s vision and execution with the Solution Exchange is compelling. It’s a great environment for collaboration and the primary reason we’re investing with Taleo first.”  Mark Newman, CEO and Founder of HireVue

 “The ability for us to rapidly turn on pre-integrated solutions without the time and costs involved with custom integration and professional services engagements is of significant value to us.” Customer, Ken MacFerrin, Director, Global Staffing and Talent, InfoPrint Solutions Company

Talent Exchange:  Candidate Sourcing Marketplace
The Taleo Talent Exchange is a collaborative online marketplace where candidates and companies connect.  The Talent Exchange has the potential to bring together more than 500,000 new jobs and 13 millions applicants each quarter into one community.  Here, companies can highlight job openings and source opt-in candidates directly to their Taleo Recruiting solution.  Likewise, candidates can create a Universal Profile  — a robust, differentiating experience summary – that they can share across prospective Taleo employers on the Talent Grid. The Talent Exchange is available today for candidates and customers.  

“Recruiting the best talent to deliver exceptional service is crucial to our success.  We have talked about ways to “trade talent” within our own resort community before, so we are excited to learn about and implement the new Talent Exchange.  We think it’s tremendously innovative.” Kyle Martin, Manager of Talent Acquisition, Vail Resorts 

“This might very well become a one-stop shop for job-seeking needs,” Consulting industry candidate 

Why Taleo 
Taleo’s open, cloud-based technology platform, unified talent management solution, and unique scale provide the technical foundation and critical mass required to power the Talent Grid. Key assets underpinning the Talent Grid include:
 
• 175 million candidates
• 500,000 new job postings per quarter
• 4,100 global customers, including 46 of the Fortune 100
• 2.9 million users
• 70 partners
• Open integration platform
• World’s most scalable cloud-based technology infrastructure 

Plug Into the Talent Grid
Access is available at no cost to Taleo customers. Keynotes, working sessions and plenty of live access to the Talent Grid will be showcased Sept. 14-17 at Taleo’s annual user conference, TaleoWORLD in Las Vegas. For more information, visit: GRID.TALEO.COM.

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

 
Matt Lafata, HRchitect

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Taleo Delivers Strong Second Quarter Results…from Taleo

July 30, 2009

 

Application Revenue Increases 4% Quarter-Over-Quarter and 40% Year-Over-Year; GAAP EPS of $0.01; Non-GAAP EPS of $0.17; Increased Demand for Talent Management Suite Sales; Closes 8 Large Enterprise Deals, Including Largest International Deal to Date

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. 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 (NASDAQ: TLEO), the leading provider of on demand talent management solutions, today announced its financial results for the quarter ended June 30, 2009.

Quarterly highlights include:

– GAAP revenues of $49.2 million for the second quarter of 2009, an increase of 30% year-over-year. Non-GAAP revenues increased to $49.5 million, which includes amounts excluded from GAAP revenue due to the write down of deferred revenue required under purchase accounting associated with the acquisition of Vurv Technology, Inc. (“Vurv”) on July 1, 2008.

– Signed 146 new customers, including 12 new enterprise customers and 134 new Business Edition customers.

– Closed 8 large enterprise deals with annual contract values in excess of $250,000, including one international deal in excess of $1 million in annual contract value.

– Increased demand for enterprise Talent Management suite sales, including Recruiting and Performance or Compensation management offerings.

– Record number of new Performance Management customers and three Compensation Management deals with strategic partner Worldwide Compensation.

– GAAP net income of $234,000, or $0.01 per fully diluted share.

– Non-GAAP net income of $5.6 million, or $0.17 per fully diluted share.

“Businesses of all sizes are taking a new look at priorities and ROI, and are recognizing the value of Talent Management products and practices to their success,” said Michael Gregoire, Taleo Chairman and CEO. “We are seeing this in the growing adoption of our unified set of Talent Management software solutions, as Taleo transforms and leads the industry.”

Other significant achievements included:

– Acquired 12 new enterprise customers and closed 8 large enterprise deals with annual contract values in excess of $250,000, bringing Taleo’s enterprise customer base to over 700 organizations around the world. New enterprise customers include: New South Wales Government, Nordstrom, SunTrust Bank, Meijer, NCR Corporation, L-3 Communications, Corrections Corporation of America and PricewaterhouseCoopers (Belgium).

– Increased momentum in enterprise Talent Management suite sales. New customers buying Taleo’s Talent Management suite offering include Vermeer

Corporation, Stream Global Services and Oakley, which purchased Taleo’s Recruiting, Performance and Compensation Management solutions.

– Record quarter in total Performance Management deals in both enterprise and Business Edition segments, including Veolia Group, CPS Energy, Phoebe Putney Memorial Hospital, Dow Jones and Company and Books-A-Million, and closed three Compensation Management deals with strategic partner Worldwide Compensation.

– Signed 134 new Small and Medium-sized Customers. Taleo Business Edition, a recruiting solution targeted at companies with less than 5,000 employees, now has more than 3,400 customers. New Taleo Business Edition customers include: MTV Networks, Public Policy of California, City of Artesia, Imperial Toy Company and Emprise Bank.

– Vurv conversions and commitments to convert to Taleo continues to track to expectations. Recent Vurv customers committing to Taleo include: American Family Insurance Group, Barclay’s Global Investors NA, Direct Supply, Wegman’s Food Markets, Hasbro, the City of College Station and Austin Industrial.

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

 
Matt Lafata, HRchitect

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Taleo Edge Provides an Affordable Solution for Finding Critical Talent…from Taleo

July 21, 2009

 

Solution Gives Verisign, Evergreen Packaging and Videotron a Competitive Edge at an Economical Price

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. 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 increased momentum of Taleo Edge, it’s recruiting and performance management offerings for organizations with between 5,000 and 13,000 employees. Launched in 2008, organizations such as Verisign, Evergreen Packaging and Videotron have selected Taleo Edge to get their core talent management processes up and running quickly and in a cost-effective manner.

In today’s economy, organizations of all sizes are looking for ways to do more with less. Mid-sized organizations especially need to be agile in order to successfully compete in a rapidly changing business environment. Taleo Edge allows businesses to cut costs related to talent management without sacrificing performance. With Taleo Edge, companies realize a faster time to benefit at less cost, while still having access to the full functionality and value-added content of Taleo’s enterprise-level solutions. Customers also get a competitive edge via Taleo’s guided implementation methodology and toolkit that deliver pre-packaged best practice content and expertise.

Numerous studies have shown that a lack of strategic talent management can affect a company’s bottom line. According to a study from the University of Pennsylvania’s Wharton School of Business, companies with a well-designed approach to recruiting and developing staff delivered, on average, a 22 percent higher return to shareholders than their industry peers. Taleo Edge helps companies define talent management processes that work for them and their specific requirements, while having the flexibility to change and expand as their needs evolve.

Verisign, Inc. (Nasdaq: VRSN) is the trusted provider of Internet infrastructure services for the networked world. Headquartered in Mountain View, California, VeriSign protects more than one million Web servers with digital certificates and the majority of secure Web sites on the Internet, including 93% of the Fortune 500 sites. VeriSign is utilizing Taleo Edge globally for all hiring, complete with an HRIS integration.   

Evergreen Packaging is a leading supplier of beverage packaging solutions. Headquartered in Cedar Rapids, IA, the company is committed to developing and supplying sustainable paper and packaging solutions. Evergreen Packaging moved from a paper-based to a completely automated recruiting process with Taleo Edge. The company currently uses Taleo Edge for professional hiring and is in the process of implementing onboarding.

Videotron is an integrated communications company engaged in cable broadcasting, interactive multimedia development, Internet access services, cable telephony and wireless telephone services. The Canadian-based company strives to offer its customers unparalleled services that are always reliable. Videotron used a 1st generation recruitment solution before switching to Taleo and now experiences greater user adoption, richer functionality and better communication with their candidates. 
 
“Many organizations are looking for ways to optimize their talent and do more with less, regardless of size. Taleo Edge gives mid-sized enterprises the ability to do just that, without making a costly investment or sacrificing functionality,” said Michael Gregoire, Chairman and CEO of Taleo.

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

 
Matt Lafata, HRchitect

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Taleo Tops 100 Customers for Performance Management Solution…from Taleo

July 1, 2009

 

Sales Reach Milestone for Award-Winning Software that Optimizes Talent in a Tough Economy

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. 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 that its performance management solution for enterprises and small and medium sized businesses (SMBs), has been adopted by more than 100 customers worldwide. Recently recognized as the “Best Human Resources Solution” for the 2009 CODiE Awards by the Software & Information Industry Association (SIIA), as well as being listed in the Visionaries quadrant of the Gartner Magic Quadrant for Employee Performance Management Software, Taleo had blazed a significant trail in less than 16 months on the market. 

Launched for enterprises in February 2008, Taleo Performance provides tools for goals management, performance reviews, succession planning, development planning and compensation management. The company also introduced a performance management solution for SMBs, Taleo Business Edition Perform, in November 2008.  Taleo’s performance products provide companies of all sizes with solutions to significantly increase their employee engagement and better align their workforces with corporate objectives.  Combined with Taleo’s industry-leading recruitment solutions, Taleo Recruiting for enterprises and Taleo Recruit for SMBs, the Taleo performance software provides companies with a powerful unified talent management platform to obtain a more holistic view of their workforce. 

More than 100 organizations around the globe and across numerous industries have selected Taleo’s performance solution to transform their performance management practices from an annual administrative event into an everyday occurrence. Companies trusting Taleo with their performance management include enterprises such as Dow Chemical, Bic Groupe, California State Automobile Association and North Shore-Long Island Jewish Health System and SMB’s including Imperial Toy Company, Emprise Bank, City of Montrose, Life Line Ambulance Services and Sooper Credit Union.

“At 70% of the average company spend, talent is any business’ biggest competitive weapon,” said Michael Gregoire, Taleo Chairman and CEO.  “The business environment is changing too quickly and the stakes are too high for businesses to find out more about their staff on Facebook than from their own systems. Businesses are putting talent at the top of their agendas and are turning to Taleo to help them move their staff investments from intangible costs to measurable fixed assets.”

For more information on Taleo Performance, please visit http://taleo.com/products/enterprise-edition-performance.php

 
Matt Lafata, HRchitect

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Top Companies Select Taleo to Remain Successful in Today’s Dynamic Business Environment…from Taleo

June 16, 2009

 

Henry Schein, Zions Bancorporation and Kinetic Concepts Choose Taleo to Cut Costs, Not Capabilities, in Hiring and Retaining the Best Quality Workforce

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 on June 10, 2009 as part of theHRshow2009 event. 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 leader in on-demand talent management solutions, today announced that leading businesses around the globe are selecting its software solutions to get a unified view of their workforce and gain actionable insights into talent management practices.  Taleo’s customers include 4 of the top 5 health insurance providers, 4 of the top 10 retail organizations and 7 of the top 10 financial services firms.

Three recent additions to Taleo’s customer roster include Henry Schein, a worldwide distributor of medical, dental and veterinary supplies, Zions Bancorporation, which operates approximately 500 banking offices across the US, and Kinetic Concepts, a global medical technology company. Both Henry Schein and Kinetic Concepts will deploy the solution globally.

All three organizations have selected Taleo Recruiting to address their recruitment needs, while cutting costs, driving efficiencies and increasing workforce productivity. Taleo was selected as a result of its strong global capabilities, unique approach to integration, and proven global implementation and support experience.

In a recent global survey by PricewaterhouseCoopers, 97% of CEOs cited finding and retaining the right employees as the top strategic advantage in moving their businesses forward.  Indeed, market leaders choose Taleo to improve workforce quality, increase engagement and retention, and optimize the flow of talent into and throughout their organizations. By implementing Taleo’s on-demand solutions, companies can automate workforce management processes, accelerate time to productivity and align talent management initiatives to business objectives.
 
“All around the globe, smart talent management is becoming a priority for managers on up to the boardroom,” said Michael Gregoire, Chairman and CEO of Taleo. “Leading companies recognize that they must be better equipped to hire effectively and efficiently in order to contain costs, and boost workforce productivity in this business environment.”

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

 
Matt Lafata, HRchitect

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Taleo Celebrates Ten Years of Talent Management Excellence…from Taleo

May 22, 2009

 

Taleo Products, Customers and Partners Set Best Practices to Meet CEO’s Top Priority: Finding and Keeping the Right People

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 will participate in the Talent Management Systems panel on June 10, 2009 as part of theHRshow2009 event. 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 (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today celebrates its ten-year anniversary with success across every measure of its business: high customer satisfaction, growth, innovation, and industry accolades. Taleo’s software for attracting, developing, motivating and retaining top talent has not only propelled its own success, but also the success of its customers, which includes a third of the Global 100 and more than 3,400 small and medium-sized businesses. 

Talent is typically up to 70% of the company’s operating expense and a business’ best competitive differentiator and investment for future growth, according to a recent global CEO survey by PricewaterhouseCoopers. In fact, today’s economy has driven increasing adoption of Taleo’s software products that help businesses better focus their efforts and successes in finding, hiring, developing, assessing and keeping their biggest lever for recovery and future success: their people.  

There is a proven correlation between companies that manage their staff’s well and those that manage better bottom lines. A Great Workplace Employment Study conducted at the end of 2008 found that businesses rated as great places to work fared better in revenue growth, had far fewer layoffs and suffered zero bankruptcies or bail-outs compared to other businesses.  Likewise, there is a direct link between the businesses faring the best in this economy and Taleo’s customer base. Today, Taleo’s customers include 48 of the Fortune 100, 30 of the Global 100, and 20 customers ranked among the very best places to work including: Starbuck’s, Ernst & Young and Children’s Healthcare of Atlanta. 

“The first decade of our business, we focused on delivering to our customers the very best products on an easy to access on-demand (or Software-as-a-Service) delivery model. We also set out to prove that the SaaS business model could be profitable for our shareholders. That dual focus on innovation and profitability has helped Taleo grow to a size and success that we share with less than 1% of the more than 3,000 technology companies that started with us in 1999,” said Michael Gregoire, Chairman and CEO of Taleo.  

“In the process of building a great talent management company, we’ve also built an amazing talent management community. In this economic environment, businesses have the key to their own recovery walking in – and out of – their offices every day.  Taleo, our customers and our partners are creating proven, successful, practices that companies of any size, in any industry can employ to be better employers and drive better businesses.” 

Built for growth, Taleo has moved from its beginnings providing Canada’s first job board to becoming the world leader in software for talent management.  The company incorporated May 25, 1999, selling its first on-demand software to large enterprises such as Bombardier and HP, who are still clients today. Taleo went public in 2005 and since that time revenue has grown over 133%, to more than $168 million in 2008, and the company entered 2009 with an application revenue backlog of $315 million.

 In the last year alone, Taleo:
- Gained scale through the acquisition of Vurv, effectively doubling its customer base and cementing its position as the de facto global leader in online recruiting.
- Entered the performance management software segment, and is on track to close its 100th performance management customer this quarter. Further, last week Taleo Performance was awarded the CODiE award for the “Best Human Resources Solution” by the Software & Information Industry Association.
- Set the bar for customer service and support.  In addition to the customer renewal rate in excess of 95%, Taleo recently was the first talent management vendor to secure certification by the Service and Support Professionals Association, receiving an “outstanding” rating.

“Taleo always been a very well run, well-oiled machine, but it has gotten red-hot in the last 12-18 months,” said Rick Fletcher, president and founder of Human Resources consulting firm,  HRchitect.  “They have definitely become the talent management category killer in terms of product strength and company viability. Taleo is particularly hot in the enterprise and the lower market with its Business Edition.”  

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

 
Matt Lafata, HRchitect

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Taleo Performance Named CODiE Award Winner…from Taleo

May 20, 2009

 

Taleo Performance Named CODiE Award Winner — Taleo Performance Selected as “Best Human Resources Solution” by the Software & Information Industry Association

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. 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 that Taleo Performance, the company’s performance management solution for enterprises, has been chosen by the Software & Information Industry Association (SIIA) as the “Best Human Resources Solution” in its 24th annual CODiE Awards. Taleo Performance beat out finalists iQor, Kenexa, NuView Systems, Inc., and SuccessFactors to take top honors. The CODiE Awards cover 30 software categories, 23 education categories and 14 content categories.

Launched in February 2008, Taleo Performance provides tools for goals management, performance reviews, succession planning and development planning. Taleo Performance provides companies with a solution to significantly increase their employee engagement and better align their workforce with corporate objectives. Combined with Taleo’s industry-leading recruitment solution, Taleo Recruiting, companies have the ability to leverage a unified talent management platform to obtain a more holistic view of their workforce.

Over the past 15 months, organizations across numerous industries have selected Taleo Performance to transform their performance management practices from an annual administrative event into an everyday occurrence.

In February 2009, just one year after being introduced to the market, Taleo Performance was listed in the Visionaries quadrant of the Gartner Magic Quadrant for Employee Performance Management Software.

“We are very proud of this accomplishment,” said Michael Gregoire, Chairman and CEO of Taleo. “This prestigious recognition further validates not only the strength of our performance management solution, but the need for all companies around the world to focus on their biggest asset — their people.”

The CODiE Awards were established in 1986 by the Software & Information Industry Association (SIIA), so that pioneers of the software industry could evaluate and honor each other’s work. Since then, the CODiE Awards program has continued to showcase the software and information industry’s finest products and services and to honor excellence in corporate achievement and philanthropic efforts. The CODiE Awards hold the distinction of being the industry’s only peer-reviewed awards program. The CODiE Awards program has raised the standard for excellence and serves as prestigious representation of outstanding achievement and vision in the software and information industry.

“Now in its 24th year, the CODiE Awards continue to recognize those companies providing the best new technology products and services across a broad array of industries,” noted SIIA President Ken Wasch. “In addition, its winners are a prolific testament to the power of technology to deliver innovative solutions to businesses and consumers. SIIA warmly congratulates all of the winners and nominees of the CODiE Awards, whose innovation is essential for continuing America’s leadership in the global knowledge economy,” Wasch continued.

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

 
Matt Lafata, HRchitect

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Taleo Announces Strong First Quarter 2009 Results and Outstanding Cash Flow

May 8, 2009

 

Adds 19 New Taleo Enterprise Edition Customers; GAAP Revenue of $48.1 Million, an Increase of 34% Year-Over-Year; Generates $13.4 Million in Cash Flow From Operations

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 Management Systems that businesses should consider.

Taleo (NASDAQ: TLEO), the leading provider of on demand talent management solutions, today announced its financial results for the quarter ended March 31, 2009.

Quarterly highlights include:

–  GAAP revenues of $48.1 million for the first quarter of 2009, an increase of 34% year-over-year; Non-GAAP revenues increased to $48.6 million, which includes amounts excluded from GAAP revenue due to the write-down of deferred revenue required under purchase accounting associated with the acquisition of Vurv Technology, Inc. (“Vurv”) on July 1, 2008.

–  Signed 166 new customers, including 19 new Taleo Enterprise Edition(TM) customers and 147 new Taleo Business Edition(TM) customers, despite an increasingly volatile global economic climate.

–  GAAP net loss of $(2.2) million, or $(0.07) per share.

–  Record Non-GAAP net income of $5.6 million, or $0.18 per fully diluted share.

–  On pace to surpass 100 Enterprise and Business Edition Performance Management customers by end of current quarter.

“In this economy, we believe savvy businesses are focusing on Talent Management as a lever for cutting costs, while driving workforce productivity,” said Michael Gregoire, Taleo Chairman and CEO. “Global companies are recognizing that Talent Management helps improve the way their businesses work, without sacrificing capabilities, and as a result, this was another strong quarter for us.”

Other significant achievements during the first quarter 2009 include:

–  Acquired 19 new Taleo Enterprise Edition customers. Demand for Taleo’s talent management solutions continued with the company signing 19 new enterprise customers, bringing Taleo’s enterprise customer base to over 670 organizations around the world. New Taleo Enterprise Edition customers included: Aaron Rents, Batesville Casket Company, Bristow Group, Healthways, Hitachi Data Systems, McAfee, NEW Customer Service Companies, PlayStation (Sony Computer Entertainment of America) and Thomas Cook (UK).

–  Signed 147 new Small and Medium-sized Customers. Taleo Business Edition, a recruiting solution targeted at companies with less than 5,000 employees, now has approximately 3,400 customers. New Taleo Business Edition customers include: Portland Energy Conservation, Colorado Springs Utility, Major League Baseball, Kool Smiles, the City of Jacksonville and M.A.R.S. International. New Taleo Business Edition Perform customers include The Little Clinic, Texas First Bank and Imperial Toy Company.

–  Continued to see unified Talent Management Adoption. Customers buying Taleo’s bundled Talent Management offering (both recruiting and performance management solutions) include Dow Jones for Taleo Enterprise Edition, and Medical College of Wisconsin for Taleo Business Edition.

–  Performance Management momentum.  Combined sales of Taleo Enterprise Performance, available since the first quarter of 2008, and Taleo Business Edition Perform, available since the fourth quarter of 2008, are on pace to surpass 100 customers by June 30, 2009. Additionally, in the second quarter of 2009 Taleo Enterprise Performance was announced as the 2009 CODiE Award winner for the Best Human Resources Solution by the Software and Information Industry Association (SIIA).

–  Vurv renewals and conversions tracking at or above expectations. Vurv customers committing to Taleo Enterprise Edition this quarter include: Autodesk, St. Luke’s Episcopal Health System, Language Line Services, Adesa and Asurion.

–  Taleo was recently awarded an “Outstanding” rating by the Service and Support Professionals Association. One of the key tenets of the on-demand software business is that you not only need to develop a strong software solution, but also deliver that software with the highest level of service and support. Taleo is the first and only Talent Management software vendor to receive this distinction.

Taleo delivered the following financial results:

Revenue: Total revenue, in accordance with accounting principles generally accepted in the United States, or GAAP, for the first quarter was $48.1 million, representing an increase of 34% on a year-over-year basis. Application revenue for the first quarter was $41.2 million, an increase of 37% on a year-over-year basis. Total non-GAAP revenue for the first quarter of 2009 was $48.6 million. Total non-GAAP application revenue for the first quarter was $41.7 million. The difference between GAAP and non-GAAP revenue reflects the amounts excluded from the GAAP revenue due to purchase accounting adjustments, which require the write down of deferred revenue associated with the Vurv acquisition in order to reflect fair value.

Net Income (Loss) and Net Income (Loss) Per Share to Common Stockholders: Net loss was $(2.2) million for the first quarter, compared to net income of $0.6 million for the same period last year. The net loss was driven primarily from the $3.5 million in amortization expense related to the acquisition of Vurv, as well as increased third party costs related to the Company’s revenue review. Net income (loss) for the first quarter of 2009 and 2008 includes share-based compensation expense of $2.4 million and $2.5 million, respectively. Net loss per fully diluted share was $(0.07) for the first quarter of 2009 based on 30.3 million weighted average shares outstanding compared to net income per fully diluted share of $0.02 for the same period in 2008 based on 28.9 million weighted average shares outstanding.

Non-GAAP Net Income and Non-GAAP Net Income Per Share: Non-GAAP net income, which 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 costs associated with the revenue review, share-based compensation expense, amortization of acquired intangibles and non-cash tax reserve, was $5.6 million for the first quarter of 2009, compared to a non-GAAP net income of $2.8 million in the same period last year. Non-GAAP net income per fully diluted share was $0.18 for the first quarter of 2009 based on 31.2 million weighted average shares outstanding compared to non-GAAP net income per fully diluted share of $0.10 for the same period in 2008 based on 28.9 million weighted average shares outstanding.

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

 
Matt Lafata, HRchitect

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Air Canada Jazz Prepares for Take-Off With Taleo Enterprise Solutions…from Taleo

April 11, 2009

 

Canada’s Second Largest Airline Enhances Recruitment Process

 

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. If you are considering implementing Taleo, or need assistance with your current Taleo system (or any Talent Acquisition or Talent Management System), call HRchitect first.

 

Taleo (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, recently announced that Air Canada Jazz, Canada’s largest regional airline and the second largest airline in Canada, recently selected Taleo to improve its recruiting process and develop a more efficient tracking, reporting and communication solution for internal and external candidates. The airline will use the Taleo-based technology solution to improve the sourcing of candidates, as well as enhance the candidate experience through a revamped career site.

 

“Air Canada Jazz requires a highly skilled workforce to help them achieve operational excellence in the competitive airline industry,” said Michael Gregoire, Chairman and CEO of Taleo. “Safety and experience are high priorities for the airline and the Taleo software will help enhance recruiting best practices to effectively attract and engage more high quality candidates.”

 

Air Canada Jazz has a history of strong operational performance, along with an excellent safety record. Management’s experience and leadership ability, coupled with Air Canada Jazz’s highly skilled labour force, have greatly contributed to solid operating performance. Together, this team of professionals is committed to building the best regional airline in the world.

 

Air Canada Jazz is the second largest airline in Canada based on fleet size and the only airline serving all ten provinces and two territories. Jazz operates more flights and flies to more Canadian destinations than any other Canadian carrier. Jazz forms an integral part of Air Canada’s domestic and trans-border market presence and strategy.

 

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

Matt Lafata, HRchitect

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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

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