Human capital management (HCM) solutions are relatively recent in the software for business market. Lately, several HCM solutions have been consolidated through acquisitions and mergers. For example, in recent months:
Prior to the consolidation wave occurring during the last few years, most HCM vendors were more or less niche vendors. In fact, the novelty of HCM solutions still permits the emergence of new niche vendors, a phenomenon that does not occur in more mature markets like ERP, where the appearance of brand-new niche vendors is rare. Read the rest of this entry »
Software-as-a-service (SaaS) talent acquisition software provider iCIMS launches a new version of its Talent Paltform. Release 12.2 includes a new recruitment CRM application—Connect—along with enhanced Social Apply capabilities and new resume-parsing capabilities. Read the rest of this entry »
A new acquisition that might interest HR organizations was announced yesterday. Jobmagic, a provider of advanced social media applications was acquired by the talent acquisition software vendor iCIMS. As a result, iCIMS Talent Platform will offer its users the option to promote job openings on well-known social media sites, such as Facebook, Twitter, and LinkedIn.