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Oakland, CA – November 2, 2011 - Bersin & Associates, the premier research
and consulting firm empowering Human Resource (HR) organizations to drive
bottom-line impact, today announced the introduction of its first-ever Talent
Management Systems Buyer’s Guide, which seeks to reduce investment
risk by identifying the latest trends for HR professionals selecting talent
management software solutions that drive business performance.
The new guide also provides tips for navigating the
rapidly-changing, fast-growing $3 billion-plus talent management systems
market, which is estimated to grow more than 12 percent this year.
“The market for talent applications has exploded, driven by
the depth of functionality now available and the ease of implementation
provided by Software-as-a-Service,” said Josh Bersin, chief executive officer
and president, Bersin & Associates. “Our new buyer’s guide is designed to
help HR professionals clarify priorities for their talent management systems,
understand the market players, and help them select the right short list for a
The TMS Buyer’s Guide describes key trends in this market,
The new Bersin & Associates’ Buyer’s Guide also provides
practical guidance and tools for selecting a talent management system. For
example, it recommends developing an HR technology strategic plan, noting that
the organization’s over-arching business strategy should be mapped to an
appropriately developed, comprehensive and integrated Talent Management
strategy, including a related set of business objectives and success metrics.
“Our research shows that roughly one-third of total HR
budgets goes to technology and services related to talent management: recruiting, performance management,
leadership development, and corporate-wide training and compliance programs,”
said Dr. Katherine Jones, principal analyst and director, human capital
management, Bersin & Associates. “To help HR professionals optimize this
important investment, we’ve developed the new TMS Buyer’s Guide to aid
practitioners in understanding the latest technologies and how they can be best
applied to tackle real-world business problems.”
The guide also profiles 25 selected providers of talent
management solutions. Each profile includes a summary of the solution
provider’s history, the current size and target market for the company and
insights regarding its current products and/or solutions. Companies profiled
include ADP, Cornerstone OnDemand, Halogen Software, HealthCareSource, HRsmart,
iCIMS, Kenexa, Lawson, Lumesse, NorthgateArinso, Oracle E-Business Suite,
Oracle PeopleSoft, Oracle Fusion HCM, PageUp People, Peoplefluent Software
(previously Peopleclick Authoria), Saba, SAP, Silkroad, SuccessFactors, SumTotal
Systems, Taleo, Technomedia, Towers Watson, Ultimate Software, Workday.
The full report, Talent
Management Systems Buyer’s Guide, is
available today for $995 for a PDF and $1,145 for a print copy. It may also be
purchased together with the latest Bersin & Associates Talent Management
Systems 2012 industry study
for $1,495 for a PDF and $1,645 for a print copy. For more details, go to http://www.bersin.com/Talent-Management-Systems-Buyers-Guide/
Bersin & Associates research members already can access
regularly-updated detailed background and product information on more than 300
solution providers in all areas of HR and talent management in the Bersin
online Solution Provider Library.
Register to join Josh Bersin for his online webinar at 2:00
p.m. ET/19:00 GMT on November 30, 2011, The
Hot and Exploding World of Talent Management Systems: Key Trends for 2012 -The
Role of Social, Mobile, and Big Data.
Those interested in learning more about Bersin &
Associates and its WhatWorks® membership may email email@example.com or call (510) 251-4400.
For media queries, email firstname.lastname@example.org
or call (510) 251-4406.
About Bersin &
Bersin & Associates empowers HR and learning
organizations to drive bottom-line impact through world-class research and
consulting. The company's WhatWorks® membership gives human resources,
learning, and talent acquisition professionals the information and tools they
need to drive change in their organizations as strategic business partners.
Bersin & Associates members use our insights and tools
to benchmark themselves against best practices, design and implement programs
across the HR and learning spectrum and select and implement systems. More than 5,000 organizations worldwide, including more than half of the
Fortune 100, use Bersin & Associates research and consulting to guide their
learning, talent, and human resources strategies.