Kenexa Named a Major Player in IDC MarketScape Report on Talent Management
23 February 2011 - 2:00AM
Marketwired
Kenexa (NASDAQ: KNXA), a global provider of business solutions for
human resources, announced today that it has been named a major
player in IDC MarketScape: Worldwide Integrated Talent Management
2011 Vendor Analysis(1) for the third consecutive year. Kenexa was
assessed and included in the report based on the strength of its
global integrated talent management capabilities and strategies.
In the report, IDC identified Kenexa as a major player "with
strengths in global reach, a force of hundreds of PhDs
knowledgeable in talent and assessment, a strong consulting
practice, and a large R&D organization that takes advantage of
offshore resources." The analysis highlighted Kenexa's 2x™ release
and discussed how the recent Salary.com acquisition may further
differentiate the company in the future.
IDC's 2011 MarketScape report evaluated the offerings and
prospects of the worldwide integrated talent management market's
leading providers based on detailed criteria that IDC identifies as
key factors contributing to vendor success. The results are based
on both quantitative and qualitative characteristics that determine
each service provider's current capabilities and future strategies.
IDC noted several key success factors for talent management --
customer service, innovation and growth strategy -- and placed
greater weight on how well the companies execute than they have in
past years.
"The vendors serving the market for integrated talent management
have advanced their offerings in features and functions through
both organic development and acquisition," commented Lisa Rowan,
program director, HR, Talent, and Learning Strategies for IDC.
"Despite a number of acquisitions, the market is still crowded, so
consolidations will likely continue. As the market continues to
mature, differentiation will come from excellence in execution and
superior customer service."
Kenexa's 2x Talent Management platform includes an integrated
suite of Recruitment, Assessment, Onboarding, Mobile and
Performance Management solutions that support the entire employee
lifecycle from pre-hire to exit, with twenty percent of the Fortune
100 companies using the 2x platform to power their Talent
Management business processes.
"We are pleased that IDC has once again recognized Kenexa's
strong presence in the global talent management market," noted Eric
Lochner, president, Global Talent Management at Kenexa. "Integrated
Talent Management is a booming market, and Kenexa's 2x Platform
continues to be selected by marquee clients such as KPMG Australia
and YUM! Brands China."
About IDC MarketScape IDC MarketScape
vendor analysis model is designed to provide an overview of the
competitive fitness of ICT (information and communications
technology) suppliers in a given market. The research methodology
utilizes a rigorous scoring methodology based on both qualitative
and quantitative criteria that results in a single graphical
illustration of each vendor's position within a given market. IDC
MarketScape provides a clear framework in which the product and
service offerings, capabilities and strategies, and current and
future market success factors of IT and telecommunications vendors
can be meaningfully compared. The framework also provides
technology buyers with a 360-degree assessment of the strengths and
weaknesses of current and prospective vendors.
About Kenexa Kenexa® provides business
solutions for human resources. We help global organizations
multiply business success by identifying the best individuals for
every job and fostering optimal work environments for every
organization. For more than 20 years, Kenexa has studied human
behavior and team dynamics in the workplace, and has developed the
software solutions, business processes and expert consulting that
help organizations impact positive business outcomes through HR.
Kenexa is the only company that offers a comprehensive suite of
unified products and services that support the entire employee
lifecycle from pre-hire to exit. Additional information about
Kenexa and its global products and services can be accessed at
www.kenexa.com. Follow Kenexa on Twitter: @kenexa.
(1) IDC, IDC MarketScape: Worldwide Integrated Talent Management
2011 Vendor Analysis, Doc #226834, February 2011
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