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Taleo Corporation: Taleo Recognized as Revenue and Market Share Leader in Talent Management Systems Report

^{Published on 2009-09-30 06:13:36 - Market Wire}
 

DUBLIN, CA--(Marketwire - September 30, 2009) - Taleo (NASDAQ: [ TLEO ]), the leading provider of on-demand talent management software, today announced further industry validation of its products, innovation, strength and stability. In two separate reports issued by leading industry research and advisory services firm, Bersin & Associates, Taleo was cited for its market-leading [ unified talent management solution ], and its ongoing segment leadership in [ recruiting systems ].

According to Bersin, companies that employ integrated talent management practices and technologies better understand and engage their key staff and in turn, drive significant business success. In a [ related study ], the firm found companies with [ strong talent management ] achieved 26% greater productivity per employee, had 41% less voluntary turnover of key staff and were 28% less likely to have had major layoffs than other companies that didn't as carefully cultivate their key talent.

Bersin & Associates' "Talent Management Systems 2010" report, issued today, provides market analysis, outlook and side-by-side in-depth profiles and comparisons of the top 25 talent management vendors. In the report, Bersin highlighted Taleo as the leader in both revenue and in market share by number of customers for unified talent management systems. The report also lauded Taleo for:

 -- Innovative and market-leading user experience -- Embedded social tools to help users build connections and drive adoption of talent management initiatives -- Easy-to-use analytic tools to empower the business user by supporting real time decision making and planning -- Deep integration with Microsoft Outlook to support everyday use -- Financial stability and transparency -- Unrivaled multi-tenant infrastructure and on-demand architecture 

This industry validation comes on the heels of the launch of [ Taleo 10 ], the company's holistic talent management solution for better understanding and engaging the very best performers in an organization. Taleo 10 helps companies hire better, manage more effectively and accelerate development of their workforce.

Taleo was also featured in Bersin & Associates' recently published "Talent Acquisition Systems 2010: Facts, Practical Analysis, Trends and Provider Profiles." This study is the most comprehensive market review and buyers' guide for talent acquisition software systems. This extensive profile of approximately 20 recruiting vendors includes information on company background, core and advanced features, service offerings, key differentiators and quality of user experience. Taleo was recognized for high growth, strong integration with third-party providers, an exceptional user experience and constant innovation. According to the report, Taleo is the leader in market share by both revenue and number of customers across all company sizes from the small to medium business and enterprise markets.

"Organizations that survive and thrive despite drastic business changes rely on strategic talent management practices and have deep investments in business-driven talent strategies," said Josh Bersin, CEO of Bersin & Associates. "Taleo's solutions allow companies to gain significant insight into their workforces and provide clarity in what they need to do in order to remain successful."

Taleo provides its solutions to nearly half of the [ Fortune 100 ], who are leading their businesses out of a tough economy with strategic use of talent management. One example is [ North Shore-Long Island Jewish Health System ], which improved its operating margin by $25 million by better aligning staff and business goals, reducing churn and improving patient care.

"Today, the number one issue on the minds of CEOs is how to find and develop the best talent for driving business growth," said Michael Gregoire, Chairman and CEO of Taleo. "Research such as Bersin's, that helps to showcase how companies can power growth through strategic use of talent management systems, is helping to connect business need with powerful solutions. We are pleased to be playing a leading role in developing and delivering on talent management success."

About Taleo

Taleo (NASDAQ: [ TLEO ]) is the leader in on demand unified talent management solutions that empower organizations of all sizes to better understand and engage their best talent for improved business performance. More than 4,100 organizations use Taleo for talent acquisition and performance management, including 46 of the Fortune 100 and over 3,400 small and medium sized businesses across 200 countries and territories. Known for its strong configurability and usability, Taleo runs on a world-class infrastructure and offers 99.9% availability. Taleo's Talent Grid harnesses the resources of the Taleo community of customers, candidates, and partners to power the talent needs of companies around the world.

Forward-looking Statements

This release contains forward-looking statements, including statements regarding the demand for Taleo's solutions, results from use of Taleo's solutions, Taleo's competitive position as compared to other vendors and general business conditions. Any forward-looking statements contained in this press release are based upon Taleo's historical performance and its current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent Taleo's expectations as of the date of this press announcement. Subsequent events may cause these expectations to change, and Taleo disclaims any obligation to update the forward-looking statements in the future. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Further information on potential factors that could affect actual results is included in Part II, Item 1A of Taleo's Quarterly Report on Form 10-Q, as filed with the SEC on August 7, 2009, and in other reports filed by Taleo with the SEC.