Talent Management 2.0: SuccessFactors vs Taleo

Everyone knows that "talent is everything". Everyone knows that 80% of his time boss should  devote to employees and their motivation. But in practice, boss remember about an employee only when he did something wrong and proved once again that his salary is too high. However, as competition in all areas is growing and business becomes more and more dependent of its talents, this outdated practice will only lead to deadpool. That's why talent management software and services are now experiencing a rapid growth. In the recent SaaS tool ratings talent management (and related technologies - HRM and e-Recruting) - are among most demanded. In this talent management market two gorillas have emerged: Taleo and SuccessFactors. And both these companies provide SaaS solutions.

Taleo



In 2008 Taleo was in top-four most profitable SaaS companies. Taleo solution is mainly focused on recruiting processes and managing relationships with potential employees. The solution allows to manage employees, jobs, resumes, appointments and features integration with social networks (Facebook, LinkedIn), which are used for collecting information about people and posting job announcements.

SuccessFactors



Unlike Taleo, SuccessFactors is still not profitable. Nevertheless, it's probably the most rapidly growing SaaS company after Salesforce. Last year the company won the tender for one of the largest SaaS-deployments - 420 thousand users in Siemens. SuccessFactors solution is primarily aimed at assessing talent progress and manageming his career. Each employee can log in the system to see his goals and log his completed tasks. Bonus system allows each employee to know exactly what profit he can earn for certain results.

In addition, last week SuccessFactors acquired the enterprise social collaboration service CubeTree. So, probably, the company will soon compete with Salesforce and Sharepoint Online on this market.

See also: Top 10 Enterprise Social Software