- The key vendors in the global talent acquisition management software market 2015-2019 are Cornerstone On Demand, IBM, Oracle, SAP,and Workday.
London, 14 October 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global talent acquisition management software Market 2015-2019. Usage of big data is one of the emerging trends in the market. All the major players in the market are integrating analytics into talent acquisition software for better results. The recruiting analytics track and monitor recruitment marketing data in real time for all the organizations present. The global talent acquisition software market is expected to grow at a CAGR of 19.79% during the period of 2015-2019.
Acquisition software delivers effective results by increasing the productivity of HR personnel by helping to find the right person for the right job. It also helps in better coordination of the various functions in an efficient manner as well as automating all activities. New employee forms, online training modules, employee compensation, etc. can be administered with the help of solutions. Attendance of employees can be tracked, similarly employee enrolments, beneficiary changes, policy updates, discontinuation of coverage, and highly repetitive activities.
“Nowadays, smartphones and tablets are being used by job applicants for accessing job-related information. Recruiters are using mobiles to post new jobs,” says Faisal Ghaus, Vice President of Technavio Research.
“With an increase in adoption, vendors are launching applications that will be used for employment opportunities for candidates at their convenience. For instance, CareerBuilder has introduced one of its offerings Mobile Ambassador.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Talent Acquisition Management Software Market 2015-2019, please send an e-mail to media@TechNavio.com
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