Next-Gen Talent Strategies: The Impact of Management Applications
Quadrant Knowledge Solutions
defines a "Talent
Management Application" as a comprehensive suite of technologies and
software designed to automate and streamline the entire talent lifecycle,
encompassing recruitment, onboarding, performance management, learning and
development, compensation management, and succession planning. This application
facilitates organizations in effectively managing talent development and
performance through a unified self-service platform, providing employees with
personalized experiences and keeping them updated on job postings and internal
opportunities.
For rapidly expanding
organizations, the primary challenge with talent management applications lies
in their capacity to adapt and address the escalating demand for skilled talent
within the organization. Consequently, vendors of talent management applications
are enhancing their offerings to support high-volume recruitment, both
internally and externally, as well as facilitating internal mobility and
lateral hiring.
Key Questions Addressed in this
Study:
·
What
is the current competitive landscape in the Talent Management Application (TMA)
market?
·
What
is the market share held by major vendors in the TMA market?
·
What
are the primary competitive dynamics observed in both the global and regional
TMA markets?
·
Who
are the leading vendors in both the global and regional TMA markets?
·
Are
there vendors specializing in particular industries within the TMA market?
·
How
do different vendors compare in terms of offering cloud-based versus on-premise
solutions?
Vendors covered in this study:
SAP, Oracle, Workday, Talentia
software, Cornerstone OnDemand, ADP, Cegid, Deltek, Eightfold.ai, Haufe, Infor,
Lattice, PageUp, PeopleFluent, Sympa, ClearCompamy, Ceridian, Rippling, Ceipal,
Factorial, and TalentGuard.
Looking ahead, the future of
talent management applications promises extensive possibilities and
opportunities, emphasizing the significance of diversity, equity, and inclusion
(DE&I), enhancing employee and candidate experiences, and leveraging intelligent
predictive analytics.
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