Taleo Unveils Groundbreaking Talent Intelligence™ Capabilities
New Features Reveal Deeper Insight into Talent Pool to Improve Business Performance and Drive Productivity
Highlights Include Social Sourcing Capability across Hundreds of Social Networks, including LinkedIn, Twitter and Facebook
DUBLIN, Calif., July 12, 2011 /PRNewswire/ -- Taleo Corp. (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today unveiled groundbreaking social, collaboration and visualization capabilities that will provide enterprises with Talent Intelligence to address top business issues. These new capabilities fundamentally change how companies leverage their talent to tackle the top two challenges facing CEOs today: Growth and Talent(1). Now leading organizations can keep strategic goals top of mind and develop their workforce by having the ability to gain deeper insight into their talent and extend their reach to hundreds of social networks, improving business performance.
POWERING GROWTH WITH COLLABORATION
The new capabilities include a Conversation Hub and email integration enabling real-time feedback and collaboration to assure timely adjustments of business goals. This feature keeps strategic goals top of mind by pushing talent management directly into email allowing employees and managers to collaborate on the goals and initiatives of the company. Conversations are captured and stored in the Conversation Hub where managers and employees can view all conversations related to business goals and development to improve the impact of talent on these initiatives. In addition to Microsoft Outlook, the latest release also includes support for Lotus Notes.
IDENTIFYING AND ACQUIRING TOP TALENT
Taleo is expanding the reach into the global talent marketplace by leveraging social networks and providing insight into the best sources of talent. For the first time recruiters, employees and candidates can share jobs across hundreds of social networks including LinkedIn, Twitter and Facebook. This is a powerful way for companies to strengthen employee referral programs through alumni and employee networks. Sourcing analytics help recruiters understand which networks are providing the strongest candidates so that they can focus their sourcing activities so that they can find great talent faster.
The new Talent Browser has unique visualization capabilities that provide the business context behind talent data. Taleo is the first vendor to move beyond traditional search by providing visual search and on-the-fly filtering to pinpoint talent. The Talent Browser joins Talent Reviews and Performance Calibration as examples of how Taleo has embedded real-time visual analytics to support better decision making. In addition to visual search, the Talent Browser also includes analytics that give an instant snapshot of any team or organization.
"We are in a talent management renaissance, moving into a new era where we need to leverage talent to effectively anticipate and respond quickly to business needs," said Bret Leech, Vice President, human resources, Rogers Communications. "By having Talent Intelligence and analytics to determine the needs of our business, we are able to accomplish our goals by building dynamic teams to fuel growth." This kind of innovation is acknowledged by the leading analysts, who have positioned Taleo as the only vendor in all talent management leadership categories.
According to the Conference Board, Leading CEOs note that hiring the right talent in the open market and applying new technologies will enable them to drive the growth required for success.(2) Taleo's customers recognize that as companies strive to grow, strategic goals and talent must be at the forefront of business.
"Taleo's new talent management platform advances Talent Intelligence by helping enterprises find the right people to meet their business objectives, properly incent employees to attain strategic goals, and better understand and retain top talent," said Jason Blessing, Executive Vice President of Products and Technology at Taleo. "These new capabilities enable enterprises to better know their people and grow their business."
The new release of Taleo Enterprise Suite is available immediately. For more information visit: http://www.taleo.com/11a
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About Taleo
Taleo's (NASDAQ: TLEO) cloud-based talent management platform unites products and an ecosystem to drive business performance through Talent Intelligence™. Approximately 5,000 customers use Taleo for talent acquisition, performance, learning and compensation management, including 47 of the Fortune 100. Further, Taleo's Talent Grid cloud community harnesses the expertise of Taleo customers, more than 200 million candidates to date, and 140 partners and industry experts.
Forward-looking Statements
This release contains forward-looking statements, including statements regarding the demand for and benefits from the use of Taleo's solutions. Any forward-looking statements contained in this press release are based upon Taleo's historical performance and its current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent Taleo's expectations as of the date of this press release. Subsequent events may cause these expectations to change, and Taleo disclaims any obligation to update the forward-looking statements in the future. Further information on potential factors that could affect actual results is included in Part II, Item 1A of Taleo's Quarterly Report on Form 10-Q, as filed with the SEC on May 9, 2011, and in other reports filed by Taleo with the SEC.
(1) The Conference Board CEO Challenge 2011
(2) The Conference Board CEO Challenge 2011
SOURCE Taleo Corp.
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