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Taleo Positioned in Leaders Quadrant of Leading Industry Analyst Firm's E-Recruiting Software Market Analysis

^{Published on 2009-12-02 13:06:11 - Market Wire}
 

DUBLIN, CA--(Marketwire - December 2, 2009) - Taleo Corporation (NASDAQ: [ TLEO ]), the leading provider of on-demand talent management solutions, today announced that Taleo has been positioned by Gartner, Inc. in the leaders quadrant of the "Magic Quadrant for E-Recruitment Software" report.

Gartner defines e-recruitment systems as those that help automate the requisition-to-hire process. Comprehensive e-recruitment systems address the major areas of workforce planning, requisitioning, candidate acquisition, applicant tracking and reporting.

Taleo was an early pioneer in the recruiting industry and celebrates its 10th anniversary this year. Taleo Recruiting™ is part of the company's recently launched [ Taleo 10 ]™, Taleo's latest talent management system that helps companies of all sizes hire better, manage more effectively and accelerate the development of their workforce.

"We believe our placement in the leaders quadrant for e-recruiting is further validation of Taleo's commitment to improving business performance through better talent performance," said Michael Gregoire, Chairman and CEO of Taleo. "Along with our [ customer ] and [ partner ] network of the world's best Talent Management domain experts, we intend to continue leading the talent management industry, which we believe will in turn transform and lead the economy."

According to the report, "Leaders in the e-recruitment software market have products that can meet the challenges presented by large, complex global organizations. These vendors have strong track records, and demonstrate strong sales and marketing execution. Typically, they have well-articulated strategies that include an in-depth focus (for example, workforce planning, contingent workforce management, vertical markets and geographic expansion) on talent acquisition or a broader focus on talent management (for example, performance management, succession management and compensation management)."

The report examines "vendors that have more than 100 e-recruitment software customers with more than 1,000 employees, more than $25 million in total revenue (license, maintenance and services) or both." Gartner's evaluation criteria is based on the company's vision and ability to execute, which includes market understanding, overall viability, innovation, business model, market responsiveness and customer service experience.

About the Magic Quadrant

The Magic Quadrant is copyrighted 2009 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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 4,200 organizations use Taleo for talent acquisition and performance management, including 46 of the Fortune 100 and over 3,500 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 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/A, as filed with the SEC on November 4, 2009, and in other reports filed by Taleo with the SEC.