Press release

2021 Talent Management Technology Value Matrix Highlights Growing Distinction Between Talent Acquisition and Full-Suite Talent Management

0
Sponsored by Businesswire

At this phase in the pandemic, hiring in many industries has become more challenging, while mass resignations have become commonplace. As a result, employers are increasingly turning to technology vendors for help in not only attracting new talent, but in upskilling and reskilling staff for internal succession, according to Nucleus Research’s Talent Management Value Matrix.

The annual assessment of Talent Management solutions from Nucleus Research measuring vendors on both usability and functionality recognizes Cornerstone OnDemand, SumTotal Systems, Talentsoft and SAP Success Factor as current sector “Leaders.”

“Organizations had been planning for an influx of candidates, which fast became a shortage that has underscored the critical nature of tools that retain quality employees and prepare them for career growth,” said Research Analyst Evelyn McMullen. “Nucleus expects analytics to be a key feature of talent management solutions over the next six to twelve months.”

Nucleus Research’s findings indicate that leaders’ key investment areas were automation and analytics functionality to help organizations identify top performers, assign learning content and plan clearly defined career paths.

The Talent Management Value Matrix was created by Nucleus Research to serve as a snapshot of the talent management market and evaluate vendor services based on the value customers realized from each product’s capabilities.

To download the full 2021 Talent Management Value Matrix, click here.

About Nucleus Research

Nucleus Research is the recognized global leader in investigative ROI technology research. Using a case-based approach, we provide research streams and advisory services that allow vendors and end users to quantify and maximize the return from their technology investments. We deliver the numbers that drive better business decisions. For more information, visit NucleusResearch.com or follow our latest updates on LinkedIn.