AndhraNews.net
Home » Business News » 2011 » February » February 22, 2011

Kenexa Named a Major Player in IDC MarketScape Report on Talent Management


February 22, 2011 - Wayne, PA

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

Add to Digg Bookmark with del.icio.us Add to Newsvine

MarketWire

Comment on this story

Share