Article: SumTotal named a leader in IDC Marketscape report

Technology

SumTotal named a leader in IDC Marketscape report

Industry reports tout vendor as a major player in performance, compensation and recruiting

SumTotal Systems, LLC, a Skillsoft company and a leading provider of next-generation HR solutions, has been recognized by IDC, a premier global provider of market intelligence, in a new series of IDC MarketScape reports  on the integrated talent management market.  Recognized for its end-to-end solutions, innovations, reporting and analytics, SumTotal was named a Leader in the report on Learning Management and a major player in the IDC MarketScape reports for Performance, Compensation and Recruiting and overall Talent Management.

“SumTotal distinguished itself early as one of the few vendors whose solutions span all of human capital management, including core HR, and the spectrum of talent management functions, including performance, succession, and learning,” Lisa Rowan, research vice president, HR, Talent, and Learning, IDC states in the IDC MarketScape: Worldwide Integrated Talent Management report. “SumTotal’s strengths include the breadth of solutions to encompass core HR, the depth of the various talent modules, and an R&D focus on innovations likeelixHR®.”

The recent IDC MarketScape reports focus on HR software providers in the integrated end-to-end talent management market that deliver solutions that attract, develop, reward and retain employees. According to IDC’s Worldwide and U.S. Human Capital Management Applications 2014–2018 Forecast, the talent management market is growing exponentially, with the global market anticipated to exceed $5 billion by 2018. The IDC MarketScape reports assert vendors focused on maintaining a competitive advantage must differentiate by transforming the way organizations approach talent.

“Being named a leader and a major player in the IDC MarketScape reports on integrated talent management underscores SumTotal’s commitment to innovating  solutions  that support  customers in building  high-performance cultures that drive organizational performance. We are thrilled that the IDC MarketScape has recognized our success in delivering personalized technology-enabled solutions that engage, entice, improve and reward employees,” SumTotal Senior Vice President of Products and Technology Humair Ghauri said. “Our learning-centric Talent Expansion® applications support the full talent lifecycle and are differentiated by their ability to deliver actionable, contextual information at the point of need, which helps to drive real-time improvements in employee performance.”

Source: Press Release

Read full story

Topics: Technology, #HRIndustry

Did you find this story helpful?

Author

QUICK POLL

What will be the biggest impact of AI on HR in 2025?