We’re releasing a new Insights
Report today which reveals the impact on corporate customers and competing
vendors of the recent billion dollar acquisitions of talent management providers
SuccessFactors and Taleo, by SAP and Oracle.
The report analyses the immediate
aftermath of these and other acquisitions in the talent systems market. It
explores the underlying trends and drivers behind the acquisitions, the broader
effects that consolidation is likely to have on the talent management market,
and the impact on corporate customers and their HR systems strategy.
Rather than just discussing the SAP
and Oracle acquisitions in isolation, we feel it’s important to understand
what’s driving these big market changes, and most critically, what they mean for
corporate customers. But these big questions haven’t really been discussed
in-depth until now. The report highlights that the market changes are as much
driven by the potential opportunities of Cloud computing, as they are by the
importance of talent management itself. Corporate HR, talent management and
learning and development teams still remain uncertain about the impact of these
changes on their strategy and day to day operations, as well as their scope of
choice when making purchasing or upgrade decisions.
At one of our recent roundtable
events, a number of large European corporates expressed confusion and real
concern about the future of the HR and talent systems market. We know that many
corporates have abandoned their original vision of a single all-encompassing
ERP/HRMS in favour of a best-of-breed approach for talent management, learning,
and recruitment. Most attendees had reservations about the role of the ERP
vendors in the talent market, and the potentially negative impact on innovation
and user experience.
Historically these decisions were
made at a specialist talent level within HR. But there has been a definite shift
towards hybrid learning and talent platforms. However, most European corporates
are still a long way from having a unified view of their talent processes. There
is also little doubt that the market consolidation is already impacting
corporate strategy and choices.
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