Relatively recent activity – including the acquisitions of SuccessFactors by SAP and Rypple by Salesforce – is pumping new energy into the human resources and talent management software market. Things are clearly heating up in this sector, and investors have taken note. VC funds have been flowing into the human resources software market, with large investments in SmartRecruiters and iCIMS. As such, 2012 shows much promise for the continued expansion of HR solutions into the Cloud, as well as further integration of social media functionality into HR applications.
Kyle Lagunas, HR Software Analyst, recently posted a piece to my technology blog which makes good reading if you’re interested in the HR software market: HR and Talent Management Software