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Taleo Named a Talent Management Market Leader


Published on 2011-02-08 04:05:37 - Market Wire
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DUBLIN, CA--(Marketwire - February 8, 2011) - Taleo Corporation (NASDAQ: [ TLEO ]), the leading provider of on-demand talent management software solutions, today announced that IDC has recognized Taleo as a market leader in Integrated Talent Management1 in the 2011 MarketScape report.

Taleo maintained its leadership position in this year's analysis with noted strengths in many areas including depth in capability of the individual talent functions, a robust partner ecosystem, strong brand recognition, global reach, and a track record of innovative research and development and integration.

The report is IDC's annual analysis of software vendors that offer integrated solutions to help companies attract, develop and retain their workforces. These solutions include software for recruiting and staffing, learning and development, performance management, compensation management and career and succession planning, all supported by a base of competency management and assessment. Taleo is cited for vision and execution in providing organizations with a superior end-to-end solution capable of meeting the needs of the entire employee lifecycle. According to IDC, Taleo's strengths also include the Talent Grid, which positions the Taleo talent management suite as the focal point in a talent-partner ecosystem that enables data exchange, seamless reporting, and tighter integration through published APIs, as well as Taleo's analytics capabilities.

"Taleo is again a market leader in this year's analysis with strengths in many areas including depth in capability of the individual talent functions, a robust partner ecosystem, and strong brand recognition," said Lisa Rowan, Program Director for HR and Talent Management Services with IDC. "By adding learning capabilities through its recent acquisition of Learn.com Taleo has completed filling out the five pillars of talent management and continues to expand its range of talent management capabilities."

"Businesses are turning to Taleo for talent intelligence, the key insights needed to help power their talent management strategies. These companies depend on Taleo's complete offering of software solutions and access to the largest global community of talent management experts and partners to achieve growth," said Shail Khiyara, Taleo's Chief Marketing Officer. "We are pleased to see that our market momentum, suite offerings and proven record of successful acquisitions is reflected in IDC's analysis."

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About IDC MarketScape

IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

About Taleo

Taleo's (NASDAQ: [ TLEO ]) cloud-based talent management platform unites products and an ecosystem to drive business performance through talent intelligence. Approximately 5,100 customers use Taleo for talent acquisition, performance, learning, and compensation management, including 48 of the Fortune 100. Further, Taleo's Talent Grid cloud community harnesses the expertise of Taleo customers, more than 200 million candidates, and 140 partners and industry experts.

Forward-looking Statements

This release contains forward-looking statements, including statements regarding the demand for and 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, as filed with the SEC on November 5, 2010, and in other reports filed by Taleo with the SEC.

1 Source: IDC MarketScape: Worldwide Integrated Talent Management 2011 Vendor Analysis, Doc # 226834, Feb 2011