What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in talent management systems category. Our data sources in talent management systems category include;
Talent management systems (also called talent management software) enables businesses to manage the entire talent lifecycle processes, including recruiting, training and development, performance management, and compensation management. A talent management system helps organizations solve common people-oriented HR pain points and automate those processes.
If you’d like to learn about the ecosystem consisting of Talent Management Systems and others, feel free to check AIMultiple People / HR.
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We use the data sources on the side for ranking solutions and awarding badges in talent management systems category. Our data sources in talent management systems category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
Rippling
ZipRecruiter
BambooHR
Vantage Circle
Lattice Performance Management
Taking into account the latest metrics outlined below, these are the current talent management systems market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
Rippling
ZipRecruiter
BambooHR
Vantage Circle
Lattice Performance Management
These are the number of queries on search engines which include the brand name of the solution. Compared to other People / HR categories, Talent Management Systems is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 52%, 24% more than the average of search queries in this area.
35 employees work for a typical company in this solution category which is 14 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 320 companies with >10 employees are offering talent management systems. Top 3 products are developed by companies with a total of 100k employees. The largest company building talent management systems is ActionTrac with more than 70,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
Rippling
ZipRecruiter
BambooHR
Vantage Circle
Lattice Performance Management
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Talent Management Systems companies. The most positive word describing Talent Management Systems is “Easy to use” that is used in 14% of the reviews. The most negative one is “Difficult” with which is used in 3.00% of all the Talent Management Systems reviews.
According to customer reviews, most common company size for talent management systems customers is 51-1,000 employees. Customers with 51-1,000 employees make up 41% of talent management systems customers. For an average People / HR solution, customers with 51-1,000 employees make up 24% of total customers.
These scores are the average scores collected from customer reviews for all Talent Management Systems. Talent Management Systems is most positively evaluated in terms of "Ease of Use" but falls behind in "Likelihood to Recommend".
This category was searched on average for 2.9k times per month on search engines in 2022. This number has increased to 3k in 2023. If we compare with other people / hr solutions, a typical solution was searched 995 times in 2022 and this increased to 1.1k in 2023.