SilkRoad Technology Partners with India's C&K Management

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Companies Will Collaborate to Attract and Retain Top Talent in Indian Market

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Our partnership with SilkRoad will help companies doing business in India identify the top performers most important to their success and connect growing employers with the best potential candidates.

Winston-Salem, N.C. (PRWEB) February 24, 2009 -- SilkRoad technology, inc., the leading provider of talent management solutions, has partnered with India's C&K Management Ltd. to help companies in the Indian market attract and retain top workers. As the global economic downturn impacts employers with ties to western markets, the new partnership will combine SilkRoad's award-winning technology with the strategic regional talent management capabilities of C&K. The partnership was announced during a ceremony in Hyderabad, India by SilkRoad technology COO Brian Platz, SilkRoad Asia Managing Director Peter Earnshaw, C&K Management Managing Director T. Muralidharan and C&K Founding Director Ravi Ramakrishnan.    

The new partnership comes at a time of heightened interest in talent management throughout India, one of the few countries still experiencing domestic job growth despite global economic instability. SilkRoad will work with C&K to tap into India's job market of more than 30 million employees in the corporate sector, stretching across a network of major hubs in Bangalore, Delhi, Hyderabad, Chennai, Mumbai and Pune. Despite the shaky global economy, the Indian market offers promising growth for multinational companies prepared to invest for the long term. Indian companies are increasingly looking to drive productivity increases and cut costs through HR technology platforms. As the profit margins of Indian service companies get squeezed due to western clients looking for cheaper rates, the use of HR technology to optimize the workforce is becoming a necessity for their survival.

"SilkRoad's experience at providing cost-effective solutions to large corporations and organizations is of great value to many companies that do business in India," Platz said. "Our partnership with C&K Management will empower us to identify companies that could better manage and recruit top talent in India through the help of our software solutions."

"The combined strengths of our regional expertise and SilkRoad's Life Suite™ will allow us to offer the Indian market an unparalleled package of talent management solutions," Ramakrishnan said. "Our partnership with SilkRoad will help companies doing business in India identify the top performers most important to their success and connect growing employers with the best potential candidates."

"During these sensitive economic times, it is more important than ever for organizations to look closely at their talent management systems to identify potential new candidates and reward the existing top performers," said Kevin Martin, vice president and principal analyst for Human Capital Management at Aberdeen Group. "A partnership leveraging SilkRoad's established technology platform and C&K's regional capabilities will extend a proven HR solution for companies doing business throughout India."

SilkRoad currently works with several companies in the Indian market including Freescale Semiconductor.

About SilkRoad technology, inc.
SilkRoad technology, inc. provides software as a service (SaaS) solutions that significantly improve the talent within its more than 1000 customers across the globe. Through SilkRoad's Life Suite™, an integrated talent management solution, companies are able to hire better employees, identify high and low performers, drive a pay-for-performance culture and improve employee tenure. The SilkRoad Life Suite includes OpenHire™ for recruiting management, RedCarpet™ for employee onboarding and life events, WingSpan™ for flexible employee performance management, GreenLight™ for learning management, and Eprise™ for employee intranets and content management.

SilkRoad technology is headquartered in Winston-Salem, NC with offices in Bedford, MA; Chicago, IL; West Long Branch, NJ; Jacksonville, Florida; Alberta, Canada; Singapore, Republic of Singapore; Sydney, Australia and Hamburg, Germany. More information is available on the Web at http://www.silkroad.com or by phone: U.S. toll free at 866-329-3363 or internationally at +1-336-201-5100.

About C&K Management Ltd.
C&K Management Ltd. started with an enterprise value of USD 6 million in 2000 and became the first company in India to set up a subscription-based portal in the management (http://www.themanagementor.com) domain. C&K later launched products in Banking, Insurance, Telecom, FMCG, and Pharma industries and then expanded their Middle East operations and made their mark in the e-Learning space. C&K Management today has moved from being a single product company to a multi product, multi service company.

C&K Management has developed over 1000 hours of e-Learning courseware and materials besides custom content for the web and print media. Clients for whom courseware has been developed include ArcelorMittal, ICICI Bank; Infosys Technologies Ltd. & other IT companies, college-university of Dubai, Aditya Birla Group, Oil companies, and the Institute of Chartered Accountants of India among others.

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