Maximizing the performance and value of people in the workforce should be a primary focus for any business these days. It is a complex task, especially for larger organizations, and chances for success can be increased by investment in human capital management (HCM) applications. In this competitive software market SAP is making a strong push, aided by acquisitions in the last three years of SuccessFactors for talent management and more recently Fieldglass for contingent labor management. Recently I attended the SAP HCM analyst summit to hear about its direction and plans to grow its market share. The company has made progress since our last analyst perspective on it. Mike Ettling, SAP’s president for the HR line of business, discussed its newly refined strategy and organizational structure; the company has added executives from around the globe to emphasize its commitment to helping human resources organizations.
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Topics:
SAP,
Social Media,
HCM,
Human Capital Management,
Learning,
Operational Performance Management (OPM),
Performance,
Recruiting,
SuccessFactors,
Analytics,
Business Analytics,
Cloud Computing,
Business Performance Management (BPM),
Compensation,
Financial Performance Management (FPM),
HRMS,
Vendor Management Systems,
Workforce Analytics,
Workforce Management,
Workforce Planning
IBM held its 20th annual IBM Connect conference (previously known as Lotusphere) as part of its IBM Social Business efforts at the end of January. The conference focuses on business and social collaboration technology, which our business technology innovation research found to be the second-ranked priority for business innovation. At the conference IBM made a series of significant announcements, including a new version of its social collaboration suite, IBM Connections, and the ability to use the software on a cloud computing platform.
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Topics:
Social Media,
Human Capital Management,
Kenexa,
Learning,
Performance,
Recruiting,
Smarter Analytics,
Smarter Workforce,
Social Business,
Social Collaboration,
Business Analytics,
Business Collaboration,
Business Mobility,
Cloud Computing,
Governance, Risk & Compliance (GRC),
IBM,
Compensation,
Financial Performance Management (FPM),
Workforce Performance Management (WPM)
I attended SuccessConnect (Twitter: #sconnect), the annual SuccessFactors conference, to hear the latest from this talent management applications company. A lot has changed for the formerly independent company since it acquired Plateau less than a year ago and Jobs2Web. In turn, earlier this year SAP acquired SuccessFactors to expand its cloud computing business. Its recently outlined expansion as part of SAP’s overall cloud computing strategy is beginning to take shape.
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Topics:
Social Media,
HCM,
Human Capital Management,
Operational Performance Management (OPM),
Performance,
Recruiting,
Business Analytics,
Business Collaboration,
Cloud Computing,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Financial Performance Management (FPM),
HR,
Sales Performance Management (SPM),
Supply Chain Performance Management (SCPM),
Workforce Performance Management (WPM)
Acquisitions and new product releases continue to make the market for human capital management a hotbed of activity, as organizations attempt to fully utilize and increase the value of their workforces as I have outlined in my research agenda. ADP, with more than $10 billion in revenues and more than 570,000 customers, is aiming for the top spot in this market.
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Topics:
Mobile,
Social Media,
HCM,
Human Capital Management,
Learning,
LMS,
Operational Performance Management (OPM),
Performance,
Business Analytics,
Business Mobility,
Cloud Computing,
Business Performance Management (BPM),
Compensation,
Financial Performance Management (FPM),
HR,
Sales Performance Management (SPM),
TCM,
Workforce Performance Management (WPM)
This week Peoplefluent announced that it has invested in Socialtext, a company that provides social collaboration software at the enterprise level. With this strategic investment Bedford Funding, the private equity firm that owns Peoplefluent, is the direct beneficiary. Peoplefluent will extend Socialtext into the human capital management market while continuing to let the company meet the broader market interest in its offering. Peoplefluent has moved quickly to make this application and platform available to its customers.
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Topics:
Social Media,
Sustainability,
Human Capital Management,
LMS,
Peoplefluent,
Performance,
Recruiting,
Research,
SocialText,
Business Analytics,
Business Collaboration,
Business Mobility,
Cloud Computing,
Governance, Risk & Compliance (GRC),
Mobility,
Business Performance Management (BPM),
Compensation,
Financial Performance Management (FPM),
HR,
HRMS,
Information Applications (IA),
Information Management (IM),
Sales Performance Management (SPM),
Talent Management,
Workforce Analytics,
Workforce Performance Management (WPM)
Competition in the human capital management market rages on, with application suppliers racing to provide sophisticated applications that operate in the cloud. Cloud computing is a key factor in advancing human capital management, included in our research agenda for this area, along with analytics, collaboration, mobility and social media.
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Topics:
SAP,
Social Media,
Sustainability,
Human Capital Management,
LMS,
Performance,
Recruiting,
Research,
Business Analytics,
Business Collaboration,
Business Mobility,
Cloud Computing,
Governance, Risk & Compliance (GRC),
Mobility,
Oracle,
Business Performance Management (BPM),
Compensation,
Financial Performance Management (FPM),
HR,
HRMS,
Information Applications (IA),
Information Management (IM),
Sales Performance Management (SPM),
Talent Management,
Workday,
Workforce Analytics,
Workforce Performance Management (WPM)
The workforce analytics market continues to evolve as organizations seek to improve the time it takes to find insights and employer metrics in order to meet compliance requirements, mitigate risk and enforce governance policies. TALX, a subsidiary of Equifax, provides a range of data-oriented services that help HR, payroll and tax professionals. Its integration with eVerify service assists the hiring process with I-9 compliance, and capabilities to examine workforce compensation and financial liabilities and reduce false unemployment claim costs. TALX, which has the credit files of tens of millions of employees in the U.S. through its parent Equifax, that with employee salary data provided by the employer can determine the financial health and risks of a workforce.
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Topics:
Social Media,
Sustainability,
eThority,
Human Capital Management,
LMS,
Performance,
Recruiting,
Research,
Business Analytics,
Business Collaboration,
Business Mobility,
Cloud Computing,
Governance, Risk & Compliance (GRC),
Mobility,
Business Performance Management (BPM),
Compensation,
Financial Performance Management (FPM),
HR,
HRMS,
Information Applications (IA),
Information Management (IM),
Sales Performance Management (SPM),
Talent Management,
TALX,
Workforce Analytics,
Workforce Performance Management (WPM)
Businesses’ strategic imperative to optimize human capital is creating significant energy in the market for applications used to attract, optimize and retain talent. Amid all the recent acquisitions and changes that I have been writing about in this field, SumTotal Systems seems to get less attention than its size and the reach of its business merit. The company has more than 45 million users, with more than 15 million of them operating in a cloud computing environment spanning more than 3,500 customer companies worldwide. Its investments in 2011 in mobile, social learning and workforce analytics software have become part of its HCM portfolio, as have its acquisitions of CyberShift to expand into workforce management and Accero for payroll, benefits and analytic content. The company has done a good job of extending its portfolio while improving the user experience for its customers.
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Topics:
Social Media,
Sustainability,
Human Capital Management,
LMS,
Performance,
Recruiting,
Research,
Business Analytics,
Business Collaboration,
Business Mobility,
Cloud Computing,
Governance, Risk & Compliance (GRC),
Mobility,
Business Performance Management (BPM),
Compensation,
Financial Performance Management (FPM),
HR,
HRMS,
Information Applications (IA),
Information Management (IM),
Sales Performance Management (SPM),
SumTotal Systems,
Talent Management,
Workforce Analytics,
Workforce Performance Management (WPM)
Salesforce has begun to toot its marketing horn about its new capabilities for performance management through its acquisition of Rypple, a provider of software designed for social collaboration for improving employee engagement. I have already discussed this acquisition (See: Salesforce.com looking for a Successful Rypple in Human Capital Management) and have actually signed up for and used the software. Rypple has introduced some great innovations to promote feedback and dialogue between employees and managers. Salesforce has expanded what this software can be used for in an organization with its latest announcement, as it discussed at its Cloudforce conference and posted on YouTube. Rypple has many cutting-edge customers, including Facebook, that are looking for a different approach to talent management processes than that of the traditional HR organizations in well-established industries. However, anyone expecting to use the application to replace existing performance management software will find Salesforce’s announcement to be a little premature based on the state of the application and capabilities.
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Topics:
Salesforce.com,
Social Media,
Human Capital Management,
LMS,
Operational Performance Management (OPM),
Performance,
Recruiting,
Research,
SuccessFactors,
Business Analytics,
Business Collaboration,
Business Mobility,
Cloud Computing,
Mobility,
Business Performance Management (BPM),
Compensation,
HR,
HRMS,
Jobscience,
Rypple,
Saba,
Sales Performance Management (SPM),
Talent Management,
Workforce Analytics,
Workforce Performance Management (WPM)
New human capital management solutions are entering the market, aiming to simplify recruiting, hiring, onboarding and managing employees. Many such applications focus on talent management for use after employees are hired, but vendors also need to streamline tasks for recruiters, HR administrators and hiring managers. Jobscience provides software that simplifies the processes of getting the talent you want to hire ready to work as quickly as possible.
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Topics:
Salesforce.com,
Social Media,
Sustainability,
Human Capital Management,
LMS,
Performance,
Recruiting,
Research,
Business Analytics,
Business Collaboration,
Business Mobility,
Cloud Computing,
Governance, Risk & Compliance (GRC),
Mobility,
Business Performance Management (BPM),
Compensation,
Financial Performance Management (FPM),
HR,
HRMS,
Information Applications (IA),
Information Management (IM),
Jobscience,
Rypple,
Sales Performance Management (SPM),
Talent Management,
Workforce Analytics,
Workforce Performance Management (WPM)
