Talent management software
Updated: October 10, 2018
2018. LinkedIn launches Talent Insights
LinkedIn launched a new feature called Talent Insights. It consists of two parts to it, one focused on people at a company, called “Talent Pool,” and another focused on data about a company, “Company Report.” The first of these will let businesses run searches across the LinkedIn database to discover talent with characteristics similar to those what a business might already be hiring, and figure out where they are at the moment (in terms of location and company affiliation), and where they are moving, what skills they might have in common, and how to better spot those who might be on the way up based on all of this. The second set of data tools (Company Report) provides a similar analytics profile but about your organisation and those that you would like to compare against it in areas like relative education levels and schools of the respective workforces; which skills employees have or don’t have; and so on.
2014. IBM adds more business intelligence to its Kenexa talent management suite
IBM announced three new cloud-based predictive HR services, all of which include consultative engagements from Kenexa workforce scientists. IBM Kenexa Predictive Hiring helps to model high-impact roles such as sales associates in retail, brokers and advisors in finance, researchers in the pharmaceutical industry, or production line workers in manufacturing. Then the system tests for those skills by creating assessments that are embedded into the cloud-based recruitment platform. IBM Kenexa Workforce Readiness assesses the skills that organizations have in place and then predicts the crucial job families required for a customer-driven organization geared to emerging market conditions. IBM Kenexa Predictive Retention has three components. First, it offers senior HR leaders a predictive understanding of the people who are at risk of leaving. With the rollout of a new Talent and Change consulting practice, IBM also introduced four consulting services aimed at companies in transition.
2012. Oracle buys SaaS talent management system Taleo
SaaS-arms race between Oracle and SAP continues. After SAP acquired the leader of the talent management market - SuccessFactors, Oracle's boss Larry Ellison could not sleep in peace. In order to calm down a little he decided to buy the second company in this market - Taleo. (Not so long ago we compared SuccessFactors vs Taleo). The deal amount - $ 1.9 billion. Taleo is famous primarily for it's personal compensation tools and head-hunting tools, integrated with social networks. As usual in such cases we say that this deal is a big sign for those who still doubt in SaaS. If Larry Ellison, who doubted more than others and who already owns the HRM system PeopelSoft, buys the SaaS-alternative - it's a big sign.
2011. Talent Management and Gamification on the rise: Salesforce buys Rypple
Salesforce - is if not the trend-setter in the Enterprise, than it's certainly the indicator of most important trends in this sphere. The company had grown on the wave of CRM and SaaS, then came to the front edge of cloud platforms, mobile applications and social software. And now Salesforce wants to occupy two more hot areas - Talent Management and Gamification. The common goal of these technologies - is staff motivation and development. Crazy demand for talent management system has been proven by SuccessFactors, which has set several records in SaaS-implementation and recently was acquired by SAP. And we have already mentioned about Gamification potential. So, today Salesoforce has bought one of the most promising startups in these areas - Rypple (known as Zynga for Enterprise). Rypple - is a SaaS service that combines project management and staff coaching and uses game mechanics (here's our review). Salesforce has already announced that on the basis of Rypple it will build the own talent management solution called (guess how?...) SuccessForce, and will also embed Rypple's game mechanics to Chatter and other products. Recall that recently Salesforce in partnership with Bunchball have introduced the first gamified CRM - Nitro for Salesforce.
2011. SAP acquires SaaS-champion SuccessFactors
(SuccessFactors CEO Lars Dalgaard) SAP (aka the world largest developer of business software) has won the reputation of the SaaS-snail. Not because SAP wasn't trying to build SaaS solutions. It launched StreamWork, CRM On-demand, Business ByDesign. But all these projects were implemented without much desire, so none of them caught the wave. And it's quite understandable. SAP really doesn't need these miserable $50/month per user, when it makes millions just for one-time sale of its monster systems and projects. But with these earned money, SAP can easily buy the title of SaaS-champion. SAP Ventures has long been sponsoring many SaaS-startups. For example, SAP stands behind such projects as SocialText, Box.net, Alfresco. And now, SAP has decided to play a big game and acquired (perhaps the second company on the SaaS market) SuccessFactors for $3.4 billion. SuccessFactors - is a SaaS talent management system (on SAP's language it sounds HRM = Human Resources Management). It's not like SAP. Rather, it wants to be like Facebook. SuccessFactors is the champion in SaaS project size competition (see the Top 5 largest SaaS implementations). And in 2009, it was SuccessFactors that stolen one of SAP's largest customers - Siemens.
2010. Talent Management 2.0: SuccessFactors vs Taleo
Everyone knows that "talent is everything". Everyone knows that 80% of his time boss should devote to employees and their motivation. But in practice, boss remember about an employee only when he did something wrong and proved once again that his salary is too high. However, as competition in all areas is growing and business becomes more and more dependent of its talents, this outdated practice will only lead to deadpool. That's why talent management software and services are now experiencing a rapid growth. In the recent SaaS tool ratings talent management (and related technologies - HRM and e-Recruting) - are among most demanded. In this talent management market two gorillas have emerged: Taleo and SuccessFactors. And both these companies provide SaaS solutions. Taleo In 2008 Taleo was in top-four most profitable SaaS companies. Taleo solution is mainly focused on recruiting processes and managing relationships with potential employees. The solution allows to manage employees, jobs, resumes, appointments and features integration with social networks (Facebook, LinkedIn), which are used for collecting information about people and posting job announcements. SuccessFactors Unlike Taleo, SuccessFactors is still not profitable. Nevertheless, it's probably the most rapidly growing SaaS company after Salesforce. Last year the company won the tender for one of the largest SaaS-deployments - 420 thousand users in Siemens. SuccessFactors solution is primarily aimed at assessing talent progress and manageming his career. Each employee can log in the system to see his goals and log his completed tasks. Bonus system allows each employee to know exactly what profit he can earn for certain results. In addition, last week SuccessFactors acquired the enterprise social collaboration service CubeTree. So, probably, the company will soon compete with Salesforce and Sharepoint Online on this market.