SilkRoad Technology Named a Major Player in Four IDC Integrated Talent Management MarketScape Reports
SilkRoad recognized in Learning, Performance Management, Compensation and Recruiting
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.