CHICAGO, IL. (PRWEB) July 27, 2012
SilkRoad Technology, Inc., a leading provider of cloud-based social talent management solutions, has been ranked as a major player in four separate MarketScape reports published by the International Data Corporation (IDC). SilkRoad’s Life Suite was recognized for its Learning, Performance Management, Compensation and Recruiting solutions.
SilkRoad provides a full suite of talent management solutions, including HRMS, that streamlines time-intensive HR functions from recruiting and onboarding through learning and career development; encompassing all employee milestones from pre-hire to retire. The employee centric software helps companies around the world build a self-motivating culture by empowering employees with the tools needed to drive their own careers and relationships with coworkers.
“The talent management market is one of the hottest applications markets with double-digit growth, market consolidation, and stiff competition,” said Lisa Rowan, program director, HR, Talent, and Learning Strategies and Services for IDC. “SilkRoad distinguishes itself in the crowded field with high marks in customer service and cost-effectiveness from its clients.”
The IDC MarketScape Reports acknowledge SilkRoad for the following:
•Worldwide Learning Management: SilkRoad’s learning management solution, GreenLight, was ranked as a major player with high marks in integration with core HR, customer service and cost-effectiveness.
•Worldwide Performance Management: WingSpan, SilkRoad’s performance management solution, received high marks in customer service, technology and cost-effectiveness and was recognized as a major player.
•Worldwide Compensation: WingSpan also provides compensation capabilities that were recognized with high rankings in cost-effectiveness and technology, making it a major player. With WingSpan, employees can easily access and review their performance history to see exactly how it affected their compensation over time, giving employees the transparency and incentive needed to improve.
•Worldwide Recruiting: SilkRoad’s recruiting solution, OpenHire, provides tools to attract, screen and hire the best talent. This solution had high marks in customer service, technology and cost-effectiveness and was also recognized as a major player.
“As one the top remaining pure-play vendors, SilkRoad strives to deliver the very best suite of social talent management solutions to help companies manage their greatest asset – their people,” said Brian Platz, COO of SilkRoad. “The SilkRoad Life Suite enables companies to develop a high performance workforce by connecting, engaging and growing top talent. We’re proud to be recognized by IDC for our learning, performance management, compensation and recruiting solutions.”
The IDC MarketScape reports profile and rank vendors that offer performance management, learning management, recruiting and compensation management capabilities as part of an integrated talent management solution. The vendors are reviewed using a rigorous scoring methodology that produces a definitive assessment of the companies’ current capabilities as well as strategies for competing in the future. As such, IDC MarketScape reports provide a robust up-to-date analysis of each industry’s influential players.
About SilkRoad Technology
SilkRoad is a leading global provider of cloud-based talent management software. Their passion for creating the finest employee experience drives everything they do. The award-winning SilkRoad Life Suite is an integrated set of employer-branded HCM solutions that power businesses with the latest Web 2.0 and social media innovations: OpenHire for recruiting, RedCarpet for onboarding and life events, WingSpan for performance management, GreenLight for learning management, Eprise for intranets and HeartBeat for trusted core HR. The Life Suite is ideally suited for businesses of every size because of its unique and open “start anywhere” architecture – implement the complete suite or begin with one solution and add functionality as you need it. Either way, it’s the fastest path to develop more productive and empowered employees who can rapidly boost business performance. Visit silkroad.com, follow them on Twitter @SilkRoadTweets or call 866-329-3363 (U.S. toll free) or +1-336-201-5100.
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.
1. (IDC MarketScape: Worldwide Learning Management in Integrated Talent Management 2012 Vendor Analysis, 2012)
2. (IDC MarketScape: Worldwide Performance Management in Integrated Talent Management 2012 Vendor Analysis, 2012)
3. (IDC MarketScape: Worldwde iCompensation Management in Integrated Talent Management 2012 Vendor Analysis, 2012)
4. (IDC MarketScape: Worldwide Recruiting in Integrated Talent Management 2012 Vendor Analysis, 2012)