Nucleus Research today released the 2020 Talent Management Technology Value Matrix, its assessment of the talent management market.
For the report, Nucleus evaluated talent management vendors based on their products’ usability, functionality and overall value. While other firms’ market reports position vendors based on analyst opinions, the Nucleus Value Matrix segments competitors based on usability, functionality and the value that customers realized from each product’s capabilities, measured with Nucleus’ rigorous ROI methodologies.
Nucleus named Ceridian, Cornerstone OnDemand, Oracle, PeopleFluent, SAP SuccessFactors, SumTotal Systems, and Talentsoft as talent management leaders.
Organizations are facing an uncertain hiring landscape, with many attempting to maximize the efficiency of their existing workforce by addressing any talent gaps by pulling from within existing employees. Leaders in the Value Matrix have responded to these changing needs with substantial growth in areas such as learning and development and employee engagement.
“Talent management solutions are incredibly valuable in a tumultuous hiring landscape,” says Ian Campbell, CEO of Nucleus Research. “Leading talent management solutions are now leveraging machine learning to address specific and pressing needs within organizations, leading to a more holistic hiring process that takes into account the totality of an applicant’s skills and experiences.”
“As the unemployment rate remains in the double digits, the number of applicants for open jobs has skyrocketed,” says Evelyn McMullen, analyst at Nucleus Research. “This incentivizes larger organizations to invest in sophisticated talent management solutions that can identify and recruit top candidates using AI and machine learning. As these models mature, the value that talent management solutions offer will increase exponentially for organizations that deploy this technology.”
See the full report at: https://nucleusresearch.com/research/single/talent-management-technology-value-matrix-2020/
About Nucleus Research
Nucleus Research is a global provider of investigative, case-based technology research and advisory services. The company’s ROI-focused research approach provides unique insight into the actual results technology solutions deliver, allowing organizations to cut through marketing hype to understand real operational value and select or renew the best technology solution for their environment. For more information, visit NucleusResearch.com.
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