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Global Talent Management Software Market 2014-2018: IBM Corp., Oracle Corp., SAP AG, and SumTotal Systems Inc Dominates the Industry(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/kqk5nm/global_talent) has announced the addition of the "Global Talent Management Software Market 2014-2018: IBM Corp., Oracle Corp., SAP AG, and SumTotal Systems Inc Dominates the Industry" report to their offering. The Global Talent Management Software market to grow at a CAGR of 17% to 2018. One of the major drivers in this market is the need to streamline HR functions. Talent management software helps to streamline HR activities and improve the operational efficiency of an organization. Management tools have been gaining prominence in organizations; moreover, talent management applications provide the right kind of solutions to the growing administrative concerns of a company's HR division. In recent years, the high adoption of cloud computing technology by enterprises has been one of the emerging trends in the Global Talent Management Software market. Cloud-based talent management software acts as an infrastructure design with a higher potential than traditional talent management deployment methods. Thus, organizations can use their private cloud for supporting their HR analytics. The budget constraints for IT, insufficient time to build in-house software, and cost advantages attached to hosted or on-demand software subscriptions are the primary factors responsible for the increased adoption of cloud-based talent management solutions by enterprises. In addition, cloud services do not have overhead costs of space, power, and cooling that are generally incurred with the deployment of traditional in-house talent management solutions. Hence, the growing popularity of cloud computing technology is a recent trend that is expected to auger well for the growth of the market during the forecast period. Further, the report states that the difficulty in selecting the right vendor is one of the major challenges confronting this market. The evaluation and selection of talent management software is a time-consuming process because of its complexity. Organizations have to ensure that the talent management software is able to link directly to their existing HR software applications and share uninterrupted data. Key vendors dominating this space are: - IBM Corp. - Oracle Corp. - SAP AG - SumTotal Systems Inc. Other vendors mentioned in the report are: - CornerStone On Demand - Halogen Software Inc - HRsmart Talent Management Human Resources Software - iCIMS Inc. - Infor Global Solutions - Lumesse Ltd - Peoplefluent Inc - Saba Software Inc - SilkRoad Technology Inc. - Ultimate Software Inc. - Workday Inc. Key Topics Covered: - Executive Summary - List of Abbreviations - Scope of the Report - Market Research Methodology - Introduction - Market Landscape - Market Segmentation by Deployment Model - Market Segmentation by Applications - TechNavio Survey Results - Geographical Segmentation - Key Leading Countries - Buying Criteria - Market Growth Drivers - Drivers and their Impact - Market Challenges - Impact of Drivers and Challenges - Market Trends - Trends and their Impact - Vendor Landscape - Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/kqk5nm/global_talent CONTACT: Research and Markets, Laura Wood, Senior Manager. [email protected] Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Sector: Software (http://www.researchandmarkets.com/categories.asp?cat_id=34&campaign_id=kqk5nm) . (c) 2014 M2 COMMUNICATIONS |