While we don't try to summarize this complex space in a single "magic quadrant" or "wave" chart, what we have done is analyze market share, growth rates by segment and company size, vendor key strengths and weaknesses, vendor market position, and many capability details for dozens of vendors.
Let me give you a few highlights about this very important market space.
The market for consulting and integration services around these new cloud-based systems is also exploding. Accenture, Deloitte, IBM, Cognizant, and many smaller consulting firms have built major practices to help companies select, implement, and integrate these products into the corporate infrastructure. Our research does show that "talent management software does not create talent management," by the way, so there is still a need for companies to continuously modernize and rethink they way they hire, train, manage, and engage people.
We put many months of effort into this research (it goes on all year) and provide advisory support and assistance to clients and research members. If you're in the HR marketplace in some way, we encourage you to purchase these reports and call us for guidance. This is a market one cannot ignore, it has become a mission-critical business application.
For more information, please join us at our free webinar on December 5 at 11AM PST and a second session on January 9 at 2PM. Members can attend three special webcasts where we describe the research and vendors in much more detail.
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Josh Bersin writes on the ever-changing landscape of business-driven learning, HR and talent management.
His favorite topics include strategic talent management, creating high-impact learning organizations,
and how organizations drive business change and competitive advantage through talent strategy and technology.
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