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Posted by Site Administrator on September 18, 2007
Taleo unveiled its product and vision for employee performance management at the vendor’s user conference, Taleo World, which was well attended with over 600 customers, 50 financial analysts, and a smattering of industry analysts like me.
Taleo’s new product is built on its new platform “Akira” which will eventually become the platform for all of its products. Its user interface (including hooks to apps like Outlook) demos quite well and exploits social networking and Web 2.0 technologies — all hot technologies that grabbed the audience’s attention. Apart from the shock and awe of the nice interface, the real value of an integrated performance and recruiting solution should not be ignored and includes:
Taleo is on the right track by focusing on the user and trying to make its performance management system a productivity tool rather than a process automation tool. They have a lot of good ideas, but admittedly this is a v.1 release limited to current customer adoption. It remains to be seen if they will be able to be sell it as a standalone solution in 2008 when it becomes generally available, and what they plan to do to augment the solution with compensation and learning…which is where the integrated HCM market is headed.
Zach Thomas I Senior Analyst
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