I attended Taleo World to see how well Oracle is integrating Taleo after acquiring the company in 2012. I assessed the announcement by Oracle earlier this year; it was clear then that Oracle needed to make this acquisition to boost its cloud computing and talent management efforts. In the three-hour keynote session, a business overview and software demonstrations indicated what Oracle has in store for the applications and how it plans to fuse its applications and technology to add value to organizations.
Topics: Big Data, Social Media, Human Capital Management, Recruiting, Business Analytics, Business Collaboration, Business Mobility, Cloud Computing, Governance, Risk & Compliance (GRC), Oracle, HireVue, Hiring, HR, JobVite, Talemetry, Taleo, Workforce Performance Management (WPM)
The acquisition frenzy in the enterprise software market continues. The announced acquisition of Taleo by Oracle will remove the independence of another successful cloud-based software company. Publicly traded Taleo (NASDAQ: TLEO) provides talent management applications on a rental cloud computing basis. Acquiring Taleo, which by all accounts has done a good job of growing the recruiting and applicant sourcing software business in a scalable cloud environment, was too good for Oracle to pass up. SAP’s much costlier acquisition of SuccessFactors, which I assessed clearly placed more pressure on Oracle to do something rather than nothing.
Topics: SAP, Social Media, Human Capital Management, learning management systems, LMS, Operational Performance Management (OPM), Oracle Fusion HCM, Peoplefluent, Recruiting, Business Analytics, Business Collaboration, Business Mobility, Cloud Computing, Mobility, Oracle, Business Performance Management (BPM), Compensation, Financial Performance Management (FPM), HRMS, Information Management (IM), Sales Performance Management (SPM), SumTotal Systems, Talent Management, Taleo, Workday, Workforce Analytics, Workforce Performance Management (WPM)
In a move to invigorate adoption of its cloud computing and talent management applications, SAP has announced its intent to acquire SuccessFactors – a deal valued at US$3.4 billion . SAP’s years of development and business efforts have produced only mediocre results in customer growth and revenue in cloud computing for human capital management comparably to its expectations and others in the market. In a teleconference SAP and SuccessFactors executives hyped the potential of the combined organizations. SAP co-CEO Bill McDermott said that it will become a “Cloud Powerhouse” and a “Unbeatable Force” and “will become the number-one cloud computing HCM solution in the cloud – period.” This may overstate the case: SuccessFactors is unproven as a power in cloud computing beyond the appeal of its own applications for human capital and HR. It can’t compare, for example, to the reach of Salesforce.com and its Force.com and application ecosystems like that in sales, marketing and other people-related application areas nor provide a platform and tools supporting collaboration and mobility.
Topics: SAP, Human Capital Management, Operational Performance Management (OPM), Business Analytics, Business Collaboration, Business Mobility, Cloud Computing, Collaboration, Mobility, Oracle, Business Performance Management (BPM), Financial Performance Management (FPM), HRMS, Infor, SumTotal Systems, Talent Management, Taleo, Workday, Workforce Analytics, Workforce Management, Workforce Performance Management (WPM)
As Workday held its annual Workday Rising conference this week, it’s a good time to note the accomplishments of the company and to provide a fair and balanced coverage that has yet to be spoken by my industry peers for some reason. Co-founder and co-CEO David Duffield, who founded PeopleSoft, champions a set of core values in its culture and leads a workforce that has built a new generation of ERP applications for deployment in the cloud computing environment. The suite brings together human capital management (HCM) applications to manage absence, benefits, compensation, goals, performance, succession and career planning, along with payroll; accounting applications for general ledger, accounts payable, accounts receivable and cash management; and spend management applications for procurement and expenses including labor. Workday prides itself on the innovative design of its application technology, compared to the on-premises approach of PeopleSoft (now part of Oracle). It has received significant financial investment to support development, including $85 million in recent Series F financing, which indicates support for its approach.
Topics: SAP, Human Capital Management, Kronos, NetSuite, Operational Performance Management (OPM), Recruiting, Zuora, Business Analytics, Business Collaboration, Business Mobility, Cloud Computing, Oracle, Business Performance Management (BPM), Cornerstone OnDemand, Digital Interviewing, Financial Performance Management (FPM), Hiring, HRMS, Saba, SumTotal Systems, Talent Management, Taleo, Tidemark, Workday, Workforce Analytics, Workforce Performance Management (WPM)
At this year’s Taleo World conference in San Francisco, more than 1,600 Taleo customers learned about the company and its suite of talent management applications. A major theme of the conference was the company’s investment in mobility and social media and the intersection of those trends with collaboration tools.
Topics: Performance Management, Social Media, Human Capital Management, human resources, Metrics, Mobile Applications, mobile strategy, mobile workforce, Operational Performance Management (OPM), performance indicators, social recruiting, Business Analytics, Business Collaboration, Business Intelligence, Business Mobility, Cloud Computing, Business Intelligence (BI), Business Performance Management (BPM), Compensation, productivity, talent acquisition, Talent Management, talent management metrics, Taleo, Workforce Analytics, Workforce Performance Management (WPM)
Today’s intense competitive pressures demand that organizations utilize their human capital more effectively. Taleo has been steadily growing as a provider of talent management by offering its applications and platform through software as a service (SaaS). Now it has advanced into what they call Talent Intelligence that can help organizations gain new insights on their workforce and individual employees by examining their potential and areas for improvement. Research has shown that performance is at risk when individuals doubt that their contribution is fully valued and lack confidence that executives are compensating them appropriately. Talent Intelligence can help alleviate these issues. Adding to its availability for large organizations, Taleo has released a version for small and midsize businesses to help organizations of any size manage their talent better.