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.”
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.