Next-Gen Outplacement Solutions Provider RiseSmart Named “Cool Vendor” by Leading Analyst Firm

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Comprehensive research effort culminates in annual review of vendors offering products and services that are innovative, impactful and intriguing.

RiseSmart next-gen outplacement solutions provider CEO Sanjay Sathe

RiseSmart founder and CEO Sanjay Sathe elaborates on the honor of being recognized as a Cool Vendor in Human Capital Management software by the world's leading analyst firm.

This Cool Vendor recognition comes from an organization of the highest caliber and we believe it provides authoritative confirmation for the innovation we’ve brought to the outplacement industry.

RiseSmart, the leader in next-generation outplacement solutions, is honored to be among the five companies globally named a 2012 Cool Vendor by Gartner Inc., the world’s leading information technology research and advisory company.

RiseSmart was recognized as a Cool Vendor in Human Capital Management Software in the annual listings made official today.

“This recognition is truly special. It comes from an organization of the highest caliber, and we believe it provides authoritative confirmation for the innovation we’ve brought to outplacement,” said Sanjay Sathe, founder and CEO of RiseSmart. “Most significantly, however, it will help more displaced workers benefit from our unique approach and find new jobs faster.”

RiseSmart’s Transition Concierge is the first outplacement solution to harness the full weight of intelligent search technology, social media, and other online tools to help put laid-off employees back to work faster. Powered by proprietary job-matching software, Transition Concierge delivers custom-tailored job leads as well as information, tools and training to eligible employees through personal career-management portals. Laid-off workers have access to one-on-one assistance from trained Transition Specialists during every step of the job-finding process.

Gartner annually lists Cool Vendors in a variety of industries, and defines a Cool Vendor as a small company offering a technology or product that is innovative, impactful and intriguing. The listings are the culmination of research intended to help Gartner clients stay ahead of the IT technology curve and make better strategic decisions about technology and services.

About RiseSmart

RiseSmart is the leading provider of next-generation outplacement solutions. The company leverages a cloud-based technology platform, proven methodologies, and one-on-one support to help employers with their workforce strategies, and displaced employees with their career strategies. RiseSmart drives significant ROI to organizations by offering affordable pricing while reducing unemployment insurance taxes and severance costs. RiseSmart has received a wide range of awards and recognition from organizations including the Golden Bridge Awards, the Momentum Index, Red Herring, the San Francisco Business Times, SiliconIndia, the Silicon Valley/San Jose Business Journal, the Stevie Awards and TiE. For more information, visit

About Gartner's Cool Vendors Selection Process

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner “Cool Vendors in Human Capital Management Software, 2012” by James Holincheck, Thomas Otter, Jeff Freyermuth, April 26, 2012.

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