TechNavio today launched its report Global Talent Management Software Market 2011“2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio™s Enterprise Applications team said; The traditional on-premise deployment of talent management software is slowly being taken over by single- and multi-tenant hosted software-as-a-service (SaaS). These solutions are becoming an increasingly popular option for talent management software. In addition to the increased adoption of SaaS-based solutions by small and medium-sized enterprises, they are gradually being used by large enterprises. Further, many vendors in the market have begun to offer their talent management software solution through the SaaS model to expand their services and enter new markets.
According to the report, talent management software develops an employee-centric culture in organizations while enhancing employee efficiency, satisfaction, morale, and loyalty. By using the talent management software in their human resource operations, organizations are able to create growth opportunities for employees, make accurate hiring and promotion decisions, decide task assignment precisely, communicate clear expectations, provide feedback, and identify unique talent.
Further, the report also discusses that the complexity involved in integrating existing human resource management (HRM) software with talent management software is one of the major challenges confronting this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-talent-management-software-market-20…
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