May 26, 2011
Alliance enables Halogen Software customers to leverage cutting edge video-based courseware and measure training effectiveness via a performance-based learning system
HRchitect featured Halogen Software in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, 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!
Talent Management leader Halogen Software, Inc. and ej4, a leading provider of video courseware, have partnered to provide users of Halogen’s award winning learning management system seamless access to cutting edge video training courses from eJ4. Through this partnership, Halogen Software customers can leverage thousands of ej4’s video-based courses to deliver practical training and development to employees via Halogen eLearning Manager™. This closed loop learning experience means organizations can directly measure the impact of video learning on employee performance.
ej4 offers a unique approach to training through the company’s J4™ videos which are concise, high impact training segments that enhance skills and behavior, rather than simply teach concepts and theories. The alliance was forged based on the compelling ability to measure the effectiveness of these training vehicles on employee performance.
“While an increasing number of organizations are leveraging video and social learning experiences to support employee development, the integration of ej4 courseware with Halogen eLearning Manager can help make this learning more meaningful because courses are specifically linked to the competencies that they address,” says Dan Cooper, Partner and CEO of ej4.
With siloed HR systems – where learning and performance are not thoughtfully linked – HR, managers and employees must use disparate systems to address development needs. Unlike this siloed or loosely integrated approach, Halogen offers a purpose-built talent management system that uniquely links learning with performance. This seamless connection between Halogen eLearning Manager and Halogen eAppraisal™ means customers can link ej4 courses to specific competencies within a few clicks, to align video training with real business needs.
“We are focused on helping our customers deliver training and development plans that demonstrate a return on their training investments,” says Donna Ronayne, Vice President Marketing and Business Development, Halogen Software. “By integrating ej4 video courseware with Halogen eLearning Manager, our customers can provide high-impact training that is relevant and timely to their employees and that positively impacts business results.”
For more information on Halogen Software, please visit www.halogensoftware.com
Matt Lafata, HRchitect
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HCM, HR, HR Technology, Human Capital Management, Learning Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Applicant Tracking, Dan Cooper, Donna Ronayne, eAppraisal, ej4, ELearning, Halogen Software, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, learning, LMS, Matt Lafata, Performance Management, Recruiting, Talent Acquisition, Talent Management | 
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Posted by mattlafata
May 25, 2011
First-of-its-Kind Community Site, Enriched by Industry Leading Content from Mercer, Promotes Best Practices and Discussion of Key Compensation Trends Among Thought Leaders and HR
HRchitect includes Peopleclick Authoria in our list of top Talent Acquisition Systems vendors and top Talent Management Systems vendors that businesses should consider. 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!
Peopleclick Authoria, offering a unique combination of best-of-breed suite solutions for Talent Management, Vendor Management and Workforce Compliance and Diversity, recently announced the launch of the Compensation Forum. This interactive online community serves as a first-of-its-kind centralized destination where HR executives, compensation professionals, thought leaders and industry pundits can exchange innovative ideas and promote new thinking on the business-critical topics around compensation. Compensation Forum, enriched by the broad content, global surveys and leading research of Mercer – the global leader for trusted HR and related financial advice, products and services – will focus on the increasingly strategic role of compensation initiatives across the entire Talent Management chain to build profitability and to propel organizational success in a recovering economy.
“Peopleclick Authoria’s long history of technology innovation and leadership in the Talent Management arena ideally positions the company to design and launch the Compensation Forum to foster community dialog and progress in understanding and addressing the strategic role of compensation within the context of pay for performance programs, executive and board room analytics, management dashboard, blended workforces, succession planning and compliance, among many other emerging compensation initiatives that integrate across a range of talent management functions,” said Ms. Pat Milligan, President of Human Capital at Mercer. “We see an ever-increasing need for this type of forum as compensation continues to be a complex and strategic lever in corporate performance, strategy and profitability. We are pleased to bring to bear the strength of our talent and rewards research and data to drive the important agenda and ongoing discussion of this influential industry group.”
The Compensation Forum launch coincided with the recent WorldatWork Total Rewards 2011 Conference & Exhibition in San Diego. At the event, total rewards experts from around the globe came together to share the latest in dynamic solutions and answers for helping organizations not only find top talent, but also address ways to retain those employees and maintain productivity. With the Compensation Forum, professional networking and strategic compensation management conversations have a place to continue long after the conference ends.
“The momentum leading up to this year’s Total Rewards Conference has been unparalleled as organizations realize the strategic importance of implementing strong compensation management processes that work closely with performance management programs,” stated Charles S. Jones, Chairman and CEO of Peopleclick Authoria. “Our goal with the Compensation Forum is to create a place where professionals and thought leaders can advance the most relevant market issues and continue to propel the strategic and influential impact of integrated compensation decisions with performance and succession with the end goal of driving organizations towards increased profitability and success.”
At the Compensation Forum, industry professionals can interact by asking questions, providing answers, sharing commentary and exchanging ideas on a message board dedicated to different topics covering varying areas of compensation management. The Compensation Forum also features pertinent blog posts and timely commentary on the issues most relevant to compensation professionals.
To learn more about Peopleclick Authoria, please visit www.peopleclickauthoria.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Charles Jones, compensation, diversity, HCM, hiring, HRchitect, Human Capital Management, Matt Lafata, mercer, Peopleclick Authoria, Performance Management, Recruiting, sourcing, Talent Acquisition, Talent Management, Total Rewards, vendor management, workforce compliance, WorldatWork | Permalink
Posted by mattlafata
May 10, 2011
- Survey shows age is a major factor in workplace happiness – mid-career workers least happy
- Gender differences in pay rises, training, work satisfaction still common in some countries
- Training, performance reviews, recognition and workplace trust remain major employee issues
HRchitect includes StepStone in our list of top Talent Acquisition Systems and Top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, 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!
Lumesse – the new name from today for StepStone Solutions – has revealed the first findings of ‘Inspiring Talent’ – a detailed, independent survey* of employee attitudes to their jobs and employers. Sourced from almost 4000 employees in larger companies in 14 countries worldwide, including the US, UK, Germany and China, the survey reveals the different attitudes to work and employers among older and younger workers, men and women, and different regions. The survey found, for example, that the oldest and youngest workers were the happiest, with employees starting work and nearing retirement consistently reporting higher levels of workplace satisfaction than their stressed-out, mid-career colleagues. Differences in pay rises, training opportunities and job satisfaction between men and women were still common, suggesting that not all employers have made good progress in equalising the workplace experience between the sexes in recent years. Other key findings include:
US employees are most likely to describe their companies as very successful; Swedish the least.
- French employees are the most loyal, while Scandinavians are the happiest. UK employees rank second last for job satisfaction.
- Chinese staff are almost three times as likely to report large pay rises as the global average.
- Less than a quarter of employees always feel trusted to make important decisions.
- More men (10%) than women (8%) report a large pay increase (over 20%) since 2008
- Almost 40% of older workers (56 – 60) believe they will be recognised and rewarded if they work harder or take extra responsibility; only 19% of Gen Y (18 – 25) agree.
StepStone Solutions, one of the world’s leading talent management companies, also today announces the rebranding of the company as ‘Lumesse.’ With rapid growth in its ‘Software-as-Service’ solutions over recent periods, and an active user base well in excess of a million people in 70 countries, the new brand is the first step in making Lumesse an increasingly high-profile, global player in the fast-growth talent management sector.
Lumesse is positioned in the ‘Leaders’ quadrant in Gartner, Inc’s 2011 “Magic Quadrant for Employee Performance Management Software. Leaders have strong product functionality and, often, provide superior customer experience. In addition, these vendors have strong direct sales and/or channel sales capabilities. Leading vendors also have strong or emerging multinational solutions (with corresponding service and support).
“As Lumesse we are building a new kind of company, a high technology talent management business that doesn’t talk about technology, but about people and their potential,” said Lumesse CEO, Matthew Parker. “Our rebrand is a watershed in our company development, but it’s much more than a change of name. We’re building a global talent management business that acts like a local company – a company that can help both employers and employees have better jobs and better results. And our ‘Inspiring Talent’ survey shows that many companies have a long way to go in getting the best from their people and in giving them careers that really inspire them.”
The Lumesse ‘Inspiring Talent’ survey shows that issues remain in the way many employers use the talents of their staff. Training, performance reviews and workplace trust remain an issue with only half of employees reporting that they have an effective appraisal process and only one third saying that good training is regularly available. Less than one in five employees said they would always be rewarded for taking extra responsibility or working harder.
Regionally, the survey found wide variations in attitudes across the 14 surveyed countries. US staff were most upbeat about their companies’ success. The happiest employees were in the Nordic countries, with over 80% saying they enjoyed going to work; the least happy in Hong Kong, with only half claiming to be happy. However, the UK also did not fare well, being second last in the happiness stakes. When it comes to loyalty 57% of French employees planned to stay with their employers ‘forever’ – at the other end of the loyalty scale the UK and Netherlands (24%) were beaten only by Singapore, in last place for long-term loyalty at just 17%.
The full report, Inspiring Talent 2011, will be available from Lumesse later in June 2011.
Formed in 2003, StepStone Solutions separated from its parent company in a management buyout backed by HgCapital in April 2010. With over 1,700 customers, including major brands such as Bank of China International, Deutsche Telekom, Heineken, Merck, PSA Peugeot Citroën and Virgin Atlantic, and employees in 17 countries, Lumesse is a high-growth global success story in the talent management market. Lumesse provides ‘Software-as-a-Service’ solutions in both talent acquisition and talent management, with well over a million active users of its technology, served from global data centres.
“Many companies seem to be doing a great job in providing inspiring, supportive workplaces for their people,” adds Matthew Parker, Lumesse CEO. “But the report card for many others has to be ‘could do better,’ especially in areas like training, career development, performance appraisals and job recognition. As Lumesse we’ve set out a clear statement of our company values, based on what our people said they wanted the company to be, with a strong emphasis on our ability to provide a working environment and culture that inspires people – in Lumesse and in our customers – to do better and have more fun.”
“The talent management software market continues to grow in size and importance, yet it appears crowded, noisy and undifferentiated to buyers,” said Josh Bersin, President and CEO of Bersin & Associates, a leading analyst firm in human resources and talent management. “Lumesse’s focus on creating a global brand which focuses on the ‘people benefits’ of talent management gives the company a clear and differentiated vision which goes far beyond the features and capabilities of software itself.”
“Our rebrand to Lumesse is the end of a long project and the start of a new chapter in our history,” said Michelle Martin, Global Head of Marketing. “The brand reflects the kind of company our people said they want to work for – vibrant, human, fun but focused, global in scale but local in execution and, above all, a business that generates fantastic outcomes for its customers and inspiring careers for their people.”
For more information on Lumesse, please visit www.lumesse.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Applicant Tracking, Bersin, Gartner, HCM, HgCapital, HR Systems, HR Technology, HRchitect, Human Capital Management, Lumesse, Matt Lafata, Matthew Parker, michelle martin, Performance Management, Recruiting, sourcing, StepStone, Talent Acquisition, Talent Management | Permalink
Posted by mattlafata
May 5, 2011
Record Quarterly Non-GAAP Revenue of $74.3 million, up 35% Year-Over-Year; Non-GAAP Subscription Revenue of $60.1 Million, up 26% Year-Over-Year; Current Deferred Revenue Rose to a Record $105.0 million, up 34% Year-Over-Year; Added Over 240 New Customers With 8 Transactions of $250,000 or Greater
HRchitect featured Taleo in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. Kevin Marasco, VP Brand Marketing with Taleo appeared on the HRchitect WebMingle on November 6, 2009. HRchitect attended the 2010 TaleoWorld conference and HRchitect’s Matt Lafata, one of the industry’s leading talent management systems analysts, attended Taleo’s annual Sales and Services meeting in 2010 & 2011.
If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand Talent Management solutions, today announced record-setting results for its fiscal first quarter 2011.
“Our results consistently demonstrate what our customers already know — we’re redefining the talent management market and how businesses leverage their largest asset, their people,” said Michael Gregoire, Taleo’s Chairman and CEO. “Our momentum is based on a keen understanding of our customers — from the small, emerging business to the global corporation. We’re innovating, executing and, where necessary, acquiring to make sure we have the broadest, most comprehensive platform in the market. Our undisputed leadership in talent management and the rapid growth of our customer base are testaments to the success of our strategy.”
Taleo delivered the following results for the first quarter 2011:
First Quarter Revenue: Total revenue for the first quarter was $71.5 million, an increase of 30% on a year-over-year basis. Subscription revenue for the first quarter was $58.4 million, an increase of 23% on a year-over-year basis. Professional services revenue for the first quarter was $13.1 million, an increase of 75% on a year-over-year basis.
Total first quarter non-GAAP revenue was $74.3 million, an increase of 35% on a year-over-year basis. Non-GAAP subscription revenue for the first quarter was $60.1 million, an increase of 26% on a year-over-year basis. Non-GAAP professional services revenues for the first quarter was $14.2 million, an increase of 90% on a year-over-year basis.
First Quarter Earnings / (Loss) per Share: First quarter net loss per share was $(0.05), compared to net income per fully diluted share of $0.02 a year ago.
Non-GAAP net income per fully diluted share was $0.23, compared to non-GAAP net income per fully diluted share of $0.16 a year ago.
An explanation of the non-GAAP measures used in this press release is included in the section below titled “Non-GAAP Financial Measures” and a reconciliation of GAAP to the non-GAAP financial measures has been provided in the tables included as part of this press release.
Customers: In the first quarter, over 240 new businesses chose Taleo’s Talent Management solutions for recruiting, performance, learning and/or compensation management, including: Caterpillar, Inc., Phillips International, IDEX Laboratories, Fairmont Raffles Hotels, Motorola Mobility and Bentley Systems, Inc. A first quarter record 8 new contracts were of $250,000 or larger in first year subscription revenue, underscoring the market interest in larger, global deployments and in multiple component suite solutions.
Cash: Cash generated from operations for the first quarter was $15.6 million, up 36% year-over year. Total cash and cash equivalents finished the quarter at $145.8 million, a decrease of $90.9 million from the prior year, which includes approximately $135.5 million in net outflow from the company’s acquisitions of Learn.com and Cytiva.
For more information on Taleo, please visit www.taleo.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Learning Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Applicant Tracking, Cytiva, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, learning, LMS, Matt Lafata, Michael Gregoire, Performance Management, Recruiting, sonic perform, sonic recruit, talent, Talent Acquisition, Talent Management, Taleo, WebMingle | Permalink
Posted by mattlafata
April 2, 2011
HRchitect featured Taleo in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. Kevin Marasco, VP Brand Marketing with Taleo appeared on the HRchitect WebMingle on November 6, 2009. HRchitect attended the 2010 TaleoWorld conference and HRchitect’s Matt Lafata, one of the industry’s leading talent management systems analysts, attended Taleo’s annual Sales and Services meeting in 2010 & 2011.
If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, recently announced that it has been positioned in the Leaders quadrant of the 2011 Gartner Magic Quadrant for Employee Performance Management Software.
Gartner defines EPM (Employee Performance Management) as software that includes performance appraisal management, goals and objective management, succession management and compensation management solutions. The EPM Magic Quadrant analyzes vendors offering these solutions in terms of their completeness of vision and proven ability to deliver on that vision.
Taleo purposefully designed its solutions with the goal of transforming talent management from an HR process to a business process.
By focusing on making its solutions “everyday easy” for business users, Taleo is changing the traditional performance management process by creating continuous dialogue between managers and employees to help companies connect their strategy to the way they manage talent. This unique approach is driving phenomenal market adoption. Taleo’s EPM solutions are now used by more than 1.4 million people at 330+ companies of all sizes worldwide. Further, Taleo is increasingly selected as the solution of choice for some of the world’s largest financial, consulting, retail and communications organizations with anywhere from 25,000 to 280,000+ employees.
“We’re honored to be selected as a leader in EPM by Gartner. Taleo has the industry’s broadest, best in class Talent Management suite, spanning recruiting, performance, succession planning, learning and compensation management,” said Michael Gregoire, Taleo’s Chairman and CEO. “With growing organizational focus on talent as the most important corporate asset, companies of all sizes value our performance management solution as part of our broader offering for delivering Talent Intelligence on their people. This insight, in turn, drives better decisions and better business results.”
The Magic Quadrant takes market understanding, marketing strategy, sales strategy, offering (product) strategy, business model, vertical/industry strategy, innovation and geographic strategy into account when evaluating completeness of vision. Ability to execute is evaluated based on product/service, overall viability, sales execution/pricing, market responsiveness and track record, marketing execution, customer experience and operations.
For more information on Taleo, please visit www.taleo.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Learning Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Gartner, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, Magic Quadrant, Matt Lafata, Michael Gregoire, Performance Management, Talent Management, Taleo, WebMingle | Permalink
Posted by mattlafata
March 30, 2011
Company celebrates its 10th anniversary at annual customer event
Features keynotes from CEO and founder Lars Dalgaard, leadership expert Marcus Buckingham and Anish Baijal from Nissan North America
HRchitect featured SuccessFactors in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems vendors that businesses should consider. HRchitect is proud to sponsor this year’s event in San Francisco.
If you are looking for a new Talent Management System, or any HR system, 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!
SuccessFactors, Inc. (Nasdaq: SFSF), the global leader in business execution software, recently announced the details of its annual customer event, SuccessConnect 2011, which will also mark the company’s 10 year anniversary. SuccessConnect 2011′s theme is “Driving Real Change” to showcase how HR and executives can impact their companies with SuccessFactors’ Business Execution (BizX) Software Suite. This year’s national customer user conference will take place in San Francisco May 10-12 at the Westin St. Francis Hotel.
SuccessFactors Founder and CEO Lars Dalgaard will open the event with a keynote address and Anish Baijal, director of talent management and human resources of Nissan North America, will speak on Nissan’s experience with SuccessFactors’ BizX Software Suite.
Marcus Buckingham, thought leader in employee performance, leadership and business success will present a keynote on “What the World’s Best Managers do Differently.” Buckingham is the best-selling author of books such as “First, Break All the Rules” and “Now, Discover Your Strengths.”
“From day one, SuccessFactors was built on the principle of helping customers win. Our annual customer events are the ultimate rallying point for us, when we get to spend time together, sharing the innovations we’ve added to our BizX Software Suite and our vision for what’s to come, as well as learning from each other how to make real, transformative changes in business execution,” said Darryl Dickens, chief marketing officer, SuccessFactors. “2011 is particularly meaningful because it’s our company’s tenth year. The past decade has proven that the cloud software model is the way of the future – so here’s to another decade of success and growth, for both SuccessFactors and its family of customers.”
SuccessConnect 2011 offers three educational tracks for customers: HR Leadership, Best Practices in Talent Management and the BizX Solutions, in addition to a small business focused track. Customers will also have the chance to meet with SuccessFactors executives and network with other attendees so that they can share company goals and discuss ways to implement new strategies. Additionally, the event will include the announcements of this year’s SuccessAward winners — an annual program designed to recognize the best of the best in reaping demonstrated value from SuccessFactors implementations.
SuccessConnect San Francisco will also include programs for prospective customers to learn more about SuccessFactors products and services via the day-long Discovery Program on May 11.
SuccessConnect conferences in Europe and Australia will take place May 19-20 and August 24-25, respectively. SuccessConnect Amsterdam and SuccessConnect Sydney will deliver world-class content and keynotes from SuccessFactors executives and customers. For more information on SuccessConnect 2011, and to register, please visit: http://www.successfactors.com/successconnect/.
For more information on SuccessFactors, please visit www.successfactors.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Learning Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Anish Baijal, Business Execution, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, Lars Dalgaard, Marcus Buckingham, Matt Lafata, Nissan, Performance Management, SuccessConnect, SuccessFactors, Talent Management | Permalink
Posted by mattlafata
March 30, 2011
Social Learning Portals and Collaboration Technology Deliver Deep Value to Millions of Users
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. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced that millions of users are realizing the value of Talent Intelligence and the benefits of an integrated learning and performance management solution to drive business results. A key element of this customer success comes from Taleo’s unique ability to satisfy customers’ core LMS needs as well as their emerging social learning aspirations.
One of the many customers achieving these successful results is Vi, formerly Classic Residence by Hyatt, a leading national provider of senior living and care. The organization distinguishes itself from other senior-living companies by striving to deliver a high level of personalized service and quality care to its residents. Training plays a key role in engaging employees to deliver on the company’s service commitment. The introduction of a state-of-the-art online university has significantly expanded learning opportunities throughout the company, while reducing training costs and providing employee training resources that boost employee development opportunities and preparation for advancement.
“As the virtual, boundary-free classroom experience evolves, employees will take an increasingly active role in contributing and leading the learning experience. Vi leverages Taleo’s blog functionality, RSS feeds, and YouTube within our learning management system, E-Campus, to engage our learners. We’ve also taken advantage of Taleo’s unique customizable micro-learn centers to enable our functions within the company to create their own unique and relevant learning experience,” said Judy Whitcomb, Senior Professional in Human Resources, AVP – Learning and Organizational Development, of Vi. “This, along with strong internal marketing and communications, has contributed to over 1,000 percent increase in E-Campus utilization over the last several years and employee engagement.”
With Taleo, customers can leverage robust LMS features including certifications, compliance, CEU management, instructor-led training management, curriculum development, virtual classroom integrations, and web-based training. Taleo customers also benefit from an industry-leading library of over 30,000 web-based training titles developed by internationally recognized content developers.
In addition to these core LMS features, Taleo Learn also includes sophisticated social features that enable organizations to share expertise:
- Through its unique Sub-Learn Center technology, Taleo Learn enables customers to create an unlimited number of collaborative spaces where employees can share expertise, share files and network with one another around corporate initiatives, formal training events, or specific business topics.
- With its portal technology, Taleo Learn supports many of the key features of a wiki. It also enables the embedding of external content via RSS feeds, YouTube videos, and widgets, providing a way for organizations to aggregate internal and external expertise into a central portal.
- In addition to its architectural support for collaboration, Taleo Learn includes features designed to capture and share organizational knowledge in a general way — discussion forum technology, ratings and reviews, social networking, and support for file sharing, including the sharing of video and audio files.
These social features can support formal learning activities, or they can be used “stand-alone” to support more general collaboration needs, both within the enterprise and within the extended enterprise. By mixing and matching formal and social features in their learning portals, customers can design tailored experiences for different learner populations and can continually evolve this blend to solve their changing needs over time.
“We’re at an inflection point in how people learn in the workplace,” said Michael Gregoire, CEO of Taleo. “As we move toward social learning and enterprise collaboration, it’s important to remember that organizations still need LMS solutions to satisfy complex regulatory and compliance reporting requirements as well as the delivery of more traditional learning such as instructor-led training, which still accounts for more than 50% of the training in large enterprises. With Taleo Learn, our customers get the best of both worlds: an industry-leading LMS and robust social learning capabilities.”
For more information on Taleo, please visit www.taleo.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Learning Management, Recruiting, Talent Acquisition, Talent Management | Tagged: HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, Learn, learning, LMS, Matt Lafata, Michael Gregoire, Performance Management, Recruiting, Talent Acquisition, Talent Management, Taleo, WebMingle | Permalink
Posted by mattlafata
March 25, 2011
- Record total bookings of $37.1 million, up 15% year-over-year
- 351% increase in annual contract value of new SaaS bookings year-over-year
- Subscription revenue up 17% year-over-year
- Added 113 new enterprise customers year-to-date; 41 in the third quarter
- Cash flow from operations grew 52% year-over-year
HRchitect featured Saba in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. A.G. Lambert, the VP of Marketing with Saba appeared on the HRchitect WebMingle on August 14, 2009. Matt Lafata with HRchitect attended the 2010 Saba Global Summit and Analyst Day in Boston, MA
If you are looking for a new Talent Management System, or any HR system, 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!
Saba (NASDAQ:SABA), the premier provider of people systems, today reported financial results for its third fiscal quarter ended February 28, 2011.
“Saba delivered record total revenues, subscription revenue, bookings and deferred revenue in the quarter,” said Bobby Yazdani, Chairman and CEO of Saba. “Exemplified by new enterprise wins at organizations such as Eli Lilly and John Deere, this quarter we once again experienced accelerating adoption of the Saba People Cloud. With our unified and complete set of cloud applications, Saba is well positioned for long-term growth.”
In the quarter, Saba achieved record total bookings of $37.1 million. The growth in total bookings was fueled by a four-fold increase year-over-year in the number of new SaaS transactions over $50,000. Our top 4 transactions in the quarter, and 9 of our 12 largest deals in the quarter, were for Saba People Cloud offerings. The growth in the Saba People Cloud business is driving increased recurring revenue, with year-over-year subscription revenue growth rates increasing from 7% in the first quarter to 10% in the second quarter and now 17% this quarter.
Results for the Third Quarter of Fiscal Year 2011
Revenues: Total revenues increased 14% to a record $30.3 million in the third quarter ended February 28, 2011 from $26.7 million in the same period last year. Subscription revenue increased 17% to a record $16.7 million in the third quarter of fiscal year 2011 over the same period last year.
Total revenues, deferred revenue, and earnings per share were impacted by the accounting changes described below.
Deferred Revenue: Deferred revenue increased 18% to a record $42.4 million at the end of the third fiscal quarter of 2011, from $36.0 million at the end of the same period last year.
Earnings per Share: GAAP earnings per share was breakeven in the third quarter of fiscal year 2011 compared to fully diluted earnings per share of $0.01 in the same period last year. Non-GAAP fully diluted earnings per share was $0.05 in the third quarter of fiscal year 2011 compared to non-GAAP fully diluted earnings per share of $0.07 in the third quarter of last year. These results reflect the acceleration toward Saba People Cloud offerings over traditional license transactions and our continued investment in sales and marketing in support of our strong bookings growth.
Our non-GAAP results are calculated by adjusting GAAP results for the impact of certain items including (i) non-cash amortization of intangibles, (ii) non-cash charges related to share-based compensation expenses and (iii) non-operating reorganization costs. A reconciliation of GAAP to non-GAAP results is included in the financial statements accompanying this press release.
Share Repurchase: The Company repurchased 201,417 shares of common stock during the quarter for $1.3 million, bringing the total number of shares repurchased under its share repurchase program to 533,643 shares for an aggregate purchase price of approximately $3.1 million. The Company now has approximately $6.9 million remaining under the repurchase program.
Customers: We added 41 new enterprise customers in the quarter including: Eli Lilly, John Deere, Bloomberg, Boston Consulting Group, Infocomm International, Illumina, Mead Johnson, Pioneer Natural Resources, and Tele Tech.
In addition, we expanded our footprint with a number of our existing customers in the quarter including: Sanofi Aventis, Stanford University, Western Australia Department of Education, Saudi Aramco, Novartis, Allina Hospital, Guitar Center, Halliburton, and Chrysler.
Partners: We added 12 partners in the third quarter including Wipro, Pinneast, Dingxum in China and Kbizz in Brazil to join our existing partners IBM, HP, ACS, Comenius, and HCL among others. These partners helped us win a number of deals this quarter, including deals at Eli Lilly, Italian Ministry of Finance, Tim Cellular, and Falabella.
Business Outlook
The following statements are based on current expectations as of the date of this release. These statements are forward-looking, and actual results may differ materially. Saba does not undertake any obligations to update these forward-looking statements.
For fiscal year 2011, ending May 31, 2011, we are forecasting bookings to grow in the range of 14% to 16% over fiscal year 2010.
Total revenues are forecasted to be in the range of approximately $117 million to $119 million. We expect our license revenue contribution to account for approximately 16% of total revenues in fiscal year 2011. Due to the anticipated higher revenue contribution from our Saba People Cloud business, we expect GAAP net loss to range from $0.10 to $0.14 per share and non-GAAP fully diluted earnings to be in the range of $0.08 to $0.12 per share.
Fiscal year 2011 non-GAAP outlook excludes non-cash amortization of intangibles and charges related to stock-based compensation expenses.
For more information on Saba, please visit www.saba.com
Matt Lafata, HRchitect
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Posted by mattlafata
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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Posted by mattlafata
February 1, 2011
Extends Leadership and Increases Market Share in the SMB Market
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 it has signed a definitive agreement to acquire Cytiva (TSX-V: CRX), a leading mid-market provider of on-demand recruiting software solutions, for approximately $11 million Canadian dollars in cash.
This acquisition solidifies Taleo’s leadership position in talent management for small and medium-sized businesses, and will extend Taleo’s customer base that will benefit from Taleo’s unified talent management platform. The acquisition continues Taleo’s commitment to offer SMB customers a fully optimized talent management suite to meet the unique needs of this market.
Cytiva software is used by more than 250 companies throughout North America including Restoration Hardware, Ocean Spray and Mediacom. Cytiva has been recognized by Bersin and Associates for its candidate and hiring manager user experience.
“We are excited about the opportunity to continue providing Cytiva’s customers with a high level of service and support while bringing them the advantages of Taleo’s full suite of recruiting, performance, succession, compensation, and learning capabilities,” said Michael Gregoire, Chairman and CEO of Taleo. “Through our experienced, dedicated integration team we will ensure that our new customers’ needs are heard and addressed as they leverage all of Taleo’s capabilities to better know their people and drive business results.”
The acquisition is subject to customary closing conditions, including regulatory approval, and is expected to be completed early in Q2, 2011.
For more information on Taleo, please visit www.taleo.com
Matt Lafata, HRchitect
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Posted by mattlafata
January 23, 2011
Non-Profit Representing Over 70 Hospitals Honors Talent Management Solutions Provider for its Unequaled Support of Educational Programs and Continued Growth
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!
Reinforcing its leadership in the healthcare recruiting arena, Taleo Corporation (NASDAQ: TLEO) has received the “Institutional Member of the Year Award” by the Chicago Area Healthcare Recruiters Association (CAHR). Taleo, the leading provider of on-demand talent management solutions, was honored for its unmatched support of the non-profit’s educational programs and overall development.
The honor was announced at the CAHR luncheon in Chicago, attended by representatives from over 70 hospitals in the surrounding Chicagoland region. Taleo was nominated by CAHR’s board of directors and selected for its ongoing support of the 35-year old organization-including educational programs, health care HR conferences and ongoing contributions to membership and the non-profit’s overall growth.
“In light of the unstable economy, many professional associations are struggling and most members are reigning in their contributions,” said Michael Boese, Senior Vice President, TBE & Talent Grid Marketing for Taleo. “However, we at Taleo are doing just the opposite; we’re pleased to increase our support of CAHR and make a significant positive impact to healthcare recruitment.”
“In their first year as an Institutional Member, Taleo went above and beyond in their generous support; with Taleo’s help, CAHR was able to present a successful annual conference in June,” said Jodé Spriggs, Human Resources Employment Coordinator at Saint Joseph Hospital – Resurrection Health Care. “They also sponsored one of our members to attend the NAHCR (National Association of Health Care Recruitment) Image Conference in July 2010. We appreciate the tremendous support of Taleo, and look forward to working together again.”
The Chicago Area Healthcare Recruiters (CAHR) is a not-for-profit organization consisting of professionals responsible for healthcare recruitment. CAHR is an affiliate member of the Metropolitan Chicago Healthcare Council (MCHC) and a Chapter Member of the National Association for Health Care Recruitment (NAHCR). CAHR is a forum for networking and professional development, initially serving as an organized voice for nurse recruiters and since expanded to the recruitment of all health care professionals.
For more information on Taleo, please visit www.taleo.com
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: HCM, Healthcare, HR Systems, HR Technology, HRchitect, Human Capital Management, Matt Lafata, Michael Boese, Performance Management, Recruiting, Talent Acquisition, Talent Management, Taleo, WebMingle | Permalink
Posted by mattlafata
January 17, 2011
Customer Centric Advancements Delivers New Level of Reporting Capabilities for Improved Visibility into Workforce Effectiveness
HRchitect featured SumTotal Systems in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. SumTotal Systems appeared on the HRchitect WebMingle on May 1, 2009. SumTotal Systems also competed in the HRchitect Beauty Pageant on Employee Performance Management Systems in February 2009, where they were crowned the winner. Dave Watkins, Softscape’s CEO and Co-Founder appeared on the HRchitect WebMingle on June 19, 2009.
If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. 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!
SumTotal® Systems, Inc., the global leader in complete talent management solutions, today announced the latest enhancements to its Talent Management platform. Innovative product advancements to the software system enable organizations of all sizes to more easily develop, deliver and track key talent management initiatives around learning, performance, compensation, succession, and recruiting. SumTotal’s commitment to customers is enabling deeper visibility into workforce information that improves decision making, reduces administration costs, and helps drive business performance.
With the latest enhancements to its Talent Management platform, SumTotal is focused on helping customers gain greater value from their HR technology investments and advancing how organizations better manage their workforce. By offering an integrated and automated approach to managing today’s talent management challenges, SumTotal is providing leaders across the globe with the information necessary to make more strategic workforce decisions. Selected new features include:
- Enhanced Administrative Capabilities – Including numerous advancements that enable organizations to institute comprehensive learning standards enterprise-wide while minimizing the efforts to manage a globally distributed learning operation.
- Performance Management Advancements – Extended career profile and goal management enhancements, empowers individuals to manage their career growth intuitively and effectively.
- Reporting Advancements – This latest release provides additional new value-add reports and options to provide a new level of visibility into workforce effectiveness. SumTotal continues to push the envelope in providing customers enterprise-class reporting capabilities that scale to support the largest global enterprises without the cost of additional infrastructure.
In addition, SumTotal now provides a powerful extensibility framework that enables organizations to further extend the capabilities of the SumTotal platform to meet their business needs. The extensibility framework provides organizations the ability to build customer specific solutions without needing to customize the application, thereby lowering their total cost of ownership.
“SumTotal is committed to providing our customers with the most powerful and easy to use talent management tools to advance their workforce and realize a true competitive advantage,” said Nadeem Syed, Executive Vice President, Worldwide Product Management & Engineering of SumTotal Systems. “Working in collaboration with our customers, SumTotal continues to evolve our solutions to target the precise needs of the market and ensure that HR professionals can optimize the effectiveness of their workforce.”
For more information on SumTotal Systems, please visit www.sumtotalsystems.com.
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: compensation, Dave Watkins, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, Learning Management, LMS, Matt Lafata, Performance Management, Recruiting, Softscape, succession, SumTotal Systems, Talent Management, WebMingle, workforce | Permalink
Posted by mattlafata
January 4, 2011
If you are looking for a new Talent Acquisition System, Talent Management System, or any HR system, talk to HRchitect first. HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
Workstream, a leading provider of compensation, performance and talent management software solutions, announced today that it has entered into a Letter of Intent (LOI) to acquire a leading provider of Human Capital and Compliance Management services focused on the health care market. With over 1,000 clients, the company is a leading supplier of critical services to this market across the country. The target company provides an excellent foundation for expansion of Workstream’s core enterprise software solutions.
This transaction is contingent on the successful negotiation of a definitive agreement and employment agreements with the sellers, approval of Workstream Board of Directors and the successful completion of a capital raise and lender agreements.
“The new management team of Workstream has chosen to approach the market with a vertical focus,” commented John Long, CEO of Workstream. “With over 90% of the target’s customers in the high growth health care sector, we think this transaction allows for a focused approach to the expansion of Workstream’s core software products. Rather than trying to be all things to all people, we want to be the best to a core group of current and prospective clients. We are especially excited about developing sales and service strategies for the client base.”
Long added: “The management team of the target company is exceptional and will continue to be involved in growing the business. Together, we will expand the current offering and bring new services to the health care market to meet essential human resource and compliance needs.”
Workstream delivers software solutions to address Employee Performance, Development and Compensation Management goals for employers. In addition to the announced transaction, management is actively pursuing other complementary acquisitions to expand the company’s service offering.
“We believe 2011 will be an excellent year for Workstream as management develops a true Software and Services platform for Human Capital Management needs,” said Long.
For more information on Workstream, please visit www.workstreaminc.com
Matt Lafata, HRchitect
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Posted by mattlafata
December 23, 2010
Latest Industry Report Recognizes Company for its Complete Learning Management Capabilities
HRchitect featured SumTotal Systems in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. Kimberley Kasper, VP of Marketing, and Jon Ciampi, VP of Product Management with SumTotal Systems appeared on the HRchitect WebMingle on May 1, 2009. SumTotal Systems also competed in the HRchitect Beauty Pageant on Employee Performance Management Systems in February 2009, where they were crowned the winner. Dave Watkins, Softscape’s CEO and Co-Founder appeared on the HRchitect WebMingle on June 19, 2009.
If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. 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!
SumTotal® Systems, Inc., the global leader in complete talent management solutions, today announced it was positioned as a market leader in latest industry report from Bersin & Associates, “Learning Systems 2011: The Definitive Buyer’s Guide to the Global Market for Learning Management Solutions .” SumTotal continues to lead the market with ongoing growth, expansion, and product innovation delivering real value to customers and helping organizations around the globe better manage their workforce.
The in-depth report from the industry’s leading authority on Learning Systems contains a detailed review of the learning management systems (LMS) and related markets, including an evaluation of market trends, profiles of the top providers, and Bersin’s proprietary Market Maps® to help buyers understand the positioning of providers including SumTotal.
“We believe the market has started to segment itself into several broad categories of LMS companies, and as our study indicates, SumTotal with its acquisition of Softscape continues to strengthen its position among vendors offering integrated Talent Management suites,” said David Mallon, principal analyst, Bersin & Associates. “When you look at our study, which calls out the range of features now offered by SumTotal, it’s easy to see that the company is now also a credible and a major new force in talent management software.”
Per the report, SumTotal offers one of the most complete sets of functionality for core learning management and is designated as the global market share leader. SumTotal is further recognized for being “highly configurable” and for its “experience deploying solutions in large, multinational organizations.” The report concludes: “We believe SumTotal’s product is best-suited to large, global organizations. The company also offers full-featured products targeted to the midmarket and delivered on-demand in the SaaS model.”
“As an industry expert, Bersin & Associates has a clear perspective of the learning management market and customer needs,” said John Borgerding, CEO of SumTotal Systems. “We are honored to have been included in their market report and positioned as a leader. With our long history in learning and talent management, SumTotal has a deep understanding of what it takes to help make customers successful. Our customers trust and rely on our global expertise in deploying long-term talent management strategies that drive tangible business results.”
For more information on SumTotal Systems, please visit www.sumtotalsystems.com.
Matt Lafata, HRchitect
Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Recruiting, Talent Acquisition, Talent Management | Tagged: Bersin, David Mallon, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, John Borgerding, Learning Management, Matt Lafata, Performance Management, Softscape, SumTotal Systems, Talent Management, WebMingle | Permalink
Posted by mattlafata
December 20, 2010
Report examines what empowerment means for employees, why it matters for the bottom line and how leveraging talent management strategies can help to close the empowerment gap
HRchitect featured Cornerstone OnDemand in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. Charles Coy participated in the HRchitect WebMingle on January 16, 2009. Cornerstone OnDemand participated in the Talent Management Systems Beauty Pageant in December 2008, where they were crowned the winner. If you are looking for a new Talent Management System, or any HR system, 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!
Workforce empowerment should be a priority for businesses if they want to retain top talent and stay competitive as the market recovers, according to a new white paper from talent management software provider Cornerstone OnDemand. “The Empowered Workforce: Crucial to Success in the New Economy” explores the notion of empowerment – what it means for employees, why it matters for the bottom line, and how organizations can leverage learning and HR strategies to foster employee empowerment.
“Closing the empowerment gap is about providing employees with the tools they need to learn and grow, encouraging them to make their own decisions and enabling them to contribute to the success of the business,” said Charles Coy, Director of Product Marketing for Cornerstone OnDemand. “Empowerment also is a key driver of engagement, which can result in higher customer satisfaction, increased productivity, improved retention and a boosted bottom line.”
Research from the Gallup Organization shows that companies that had higher-than-average employee engagement also had 27 percent higher profits, 50 percent higher sales and 50 percent higher customer loyalty.
“Ultimately, every company wants employees who are engaged in their work and empowered to succeed in their roles,” said Nina Ramsey, Senior Vice President of Global Human Resources for Kelly Services, a leading provider of global workforce management services. “Our customers want to work with front-line people who are fully capable of meeting their needs and are committed to delivering excellent service. It’s Kelly’s job to prepare our employees and ensure they are equipped to make key decisions that will help create loyal customers and, in turn, impact the success and profitability of our company.”
To read more about how organizations can leverage their learning, performance and talent management strategies and software to close the workforce empowerment gap, as well as a case study highlighting how Kelly Services is fostering a culture of empowerment in the organization, visit http://www.cornerstoneondemand.com/empowered-workforkforce-crucial-success-new-economy.
For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com.
Matt Lafata, HRchitect
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Posted by mattlafata
