TECH BUYER Apr 2019 - IDC MarketScape - Doc # US45020719
IDC MarketScape: Worldwide and U.S. Modern Talent Acquisition Suites for Small and Midsize Business 2019 Vendor Assessment
By: Kyle Lagunas, Lisa RowanResearch Vice President, HR, Talent, and Learning Strategies
This IDC study seeks to inform buyers how talent acquisition suites are evolving beyond ATS, how solutions that are part of HCM and talent management suites differ from best-of-breed solutions. In a world where the pace of innovation is moving at the speed of thought, many talent acquisition functions are long overdue for technology upgrades. According to IDC's 2018 Talent Acquisition Buyer Survey, 47% of small and midsize businesses organizations changed ATS vendors in the past 18 months and an additional 36% were planning to change in the next 18 months. Some organizations will continue to look to their HCM suite provider to deliver a solution that integrates with other systems like learning and performance, but a growing number of talent acquisition leaders are making a strong business case for standalone solutions. This research is intended to inform both buyers and their colleagues in IT and HR.
"Talent acquisition continues to evolve in form, function, and scope at a breakneck pace," says Kyle Lagunas, research director for IDC's Emerging Trends in Talent Acquisition and Staffing program. "As organizations prepare to embark on digital transformation journeys, acquiring talent has become a critical success factor — and having the right system in place to enable more modern practices is essential. Each talent acquisition suite provider is working with clients to adapt to today's highly competitive hiring environments, offering more advanced capabilities than the ATS vendors have in the past."
Cegid Group, Oracle Corporation, Saba Lumesse, SAP SE, PageUp People Pty. Ltd., ADP LLC, Oleeo PLC, TalentSoft SA, SmartRecruiters Inc., Ascendify Corporation, IBM, iCIMS, Inc., CareerBuilder, LLC, PeopleFluent, Inc., Cornerstone OnDemand, Inc., Jobvite Inc., Symphony Talent LLC, Greenhouse Software, Inc., Lever Inc., Workday, Inc.
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