IDC recently released MarketScape Worldwide Integrated Talent Management 2012 Vendor Analysis, which is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market.
IDC defines talent management as those functions that serve to attract, develop, reward and retain the workforce, with functionality for recruiting and staffing, learning and development, performance management, compensation management, and career and succession planning. According to the report, an escalating level of importance for all of these talent management functions is driving greater demand for integrated suites from a single vendor.
This IDC study represents a vendor assessment of the integrated talent management market through the IDC MarketScape model. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
This MarketScape covers a variety of vendors participating in the integrated talent management market. The vendors evaluated in the study fared well, falling into either the Major Player or Leader categories on the basis of their increasingly comprehensive portfolios and across the board solutions offerings. The IDC MarketScape methodology placed Cornerstone OnDemand, Halogen Software, Lawson, Oracle, SuccessFactors and Taleo in the "Market Leaders" category this year. The entire list of companies covered include:
- Bedford Funding
- Cornerstone OnDemand, Inc.
- Enwisen, Inc.
- ExecuTRACK Software, Inc.
- Halogen Software Inc.
- Infor Global Solutions, Inc.
- Kenexa Corporation
- Lawson Software, Inc.
- Lumesse Limited
- Oracle Corporation
- Peoplefluent
- Peoplesoft, Inc
- Saba Software, Inc.
- Salary.com, Inc.
- SAP AG
- SilkRoad Technology, Inc.
- Strategia
- SuccessFactors, Inc.
- SumTotal Systems, Inc.
- Taleo Corporation
- VirtualEdge Corporation
- Workday, Inc.
- Workscape Incorporated
- Workstream, Inc.
- Worldwide Compensation, Inc.
This assessment discusses both quantitative and qualitative characteristics that explain success in this market. "The vendors serving the market for integrated talent management have advanced their offerings in features and functions through both organic development and acquisition," says Lisa Rowan, program director, HR, Talent, and Learning Strategies for IDC. "Through buyer research, IDC sees that buyers are generally pleased with the depth of their vendor offerings; however, they are seeking better integration among the functions and with core HR."
Visit the IDC website to purchase MarketScape Worldwide Integrated Talent Management 2012 Vendor Analysis.
