Talentsoft Strengths, Domain Expertise, and Key Differentiators
Talentsoft is a European success story: the company was co-founded in 2007 by three entrepreneurs (Jean-Stéphane Arcis, Alexandre Pachulski, and Joël Bentolila) and has rapidly grown since – +33% in 2018. The company employs 600 employees with customers in more than 130 countries in 27 languages.
Talentsoft Hub enables users to structure HR data and to facilitate administrative management at each step of an employee’s career including managing employee files, organizational structure, employee self-service, etc. Talentsoft Hub combines a contextualized user interface with automatic data quality checks to ensure data consistency. It verifies the data accuracy and the impact on other data sets in the Talentsoft suite to ensure Core HR reliability.
On the other hand, Talentsoft Analytics introduces a new dimension to HR decision-making and offers pre-built dashboards and automatic indicators. The native integration of the Analytics tool in the Talentsoft solution enables HR teams and managers to access analyses coming from all their HR processes—all this without the need for technical skills.
Talentsoft Recent Developments
Talentsoft increased its new subscriptions by 43% and 200 new enterprise customers during the first half of 2018. On average 300 new organizations choose Talentsoft each year worldwide. To support rapid growth, Talentsoft opened 250 positions worldwide to strengthen its teams.
Talentsoft Mergers and acquisitions (M&A) Activities
In June 2020 Talentsoft acquired Crafty, a talent matching solution powered by intelligent algorithms and a dynamic skills graph. This acquisition will enable Talentsoft to accelerate its international growth goals and strengthen its portfolio of HR tech innovations. With the acquisition of Crafty, Talentsoft will combine the power of Artificial Intelligence (AI) with skills matching to make it easier for businesses to offer their employees new opportunities: new projects, internal mobility, relevant training, skills development, and more. And because this will be seamlessly integrated into Talentsoft’s existing solutions, it will reinforce Talentsoft’s commitment to innovation while helping businesses remain competitive by giving them a new way to fuel the personal and professional development of their employees.
TalentSoft merged with Peoplexs. Based in The Netherlands, Peoplexs was a SaaS technology supplier that offers agile recruitment solutions. TalentSoft’s merger with Peoplexs significantly increases its ability to serve customers Europe-wide with the immediate addition of subsidiaries in Denmark, Switzerland, and The Netherlands.
Talentsoft Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Talentsoft applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Talentsoft and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Talentsoft HUB, Talentsoft LMS customers.
Ownership: - x
Number of Employees: 700
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith Based Nonprofit, Youth and Elderly Care Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
Talentsoft Key Cloud and HCM Applications
Talentsoft HUB, Talentsoft LMS
Talentsoft HCM and Cloud HCM Applications Revenues, $M:
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|Cloud HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Talentsoft Revenue Breakdown by Type:
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Talentsoft HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2019 HCM Revenues, By Sub-Functional Markets, $M
Talentsoft HCM Applications Revenues By Verticals, $M:
Talentsoft Total and HCM Applications Revenues by Region:
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Talentsoft Direct vs Indirect sales
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Talentsoft Customers - Breakdown by Geo, Size, Vertical and Product
No. of Talentsoft Customers: 2200
No. of Talentsoft HCM Applications Customers: 2200
No. of Talentsoft Cloud HCM Customers: 2200
No. of Talentsoft Cloud HCM Subscribers: 11000000
Among Talentsoft’s 2200 clients are large organizations, including EDF, Vinci, Lacoste, MaxMara, Toyota Europe, ST Microelectronics, Deutsche Bahn, Dorchester Collection hotels and National Bank of Belgium.
Talentsoft has secured its position as a leader in SaaS in Europe and continues to accelerate on an international scale – including more than 230 new clients in 50 countries. With a positive EBITDA in 2019, Talentsoft now has a profitable and growth-generating financial model.
Over 230 corporations throughout Europe and Canada chose Talentsoft in 2019. Banks and financial firms in Scandinavia such as Sydbank, Hoist Finance, and Bankdata. 50 new clients in the DACH region (German, Austria, Switzerland) including Hawe – a manufacturer of hydraulic products and systems – and University St. Gallen. In Benelux, 30 new clients put their trust in Talentsoft, including Weleda, Renewi, and Jumbo. In France, Talentsoft is expanding its customer portfolio with more than 100 new brands such as Orange, Stokomani, and TDF.
Several major international accounts have recently joined Talentsoft’s client portfolio. In Germany, CapriSun, a renowned player in the food & beverage industry. In the Netherlands, Eneco to our portfolio producer and supplier of natural gas and electricity. In Belgium, major health insurer Partena became a new client. In Sweden, Ahlsell, a distributor of installation products and tools in the Nordics. In Norway, added global software asset management giant Crayon. In France, Talentsoft also acquired many new customers like EDF, energy producer in Europe; RATP, urban public transport operator; Insurance group Macif; and Framatome a nuclear industry company.
Talentsoft now has over 50 Canadian customers and has already become a major reference there, with customers including large retail companies such as Mondoux and Uniprix, and transportation groups like Teo Taxi and Aéroport de Québec.
Talentsoft Market Opportunities, M&A and Geo Expansions
In October 2019, Talentsoft closed a funding round of $50 million led by Francisco Partners, alongside existing investors Bpifrance and Goldman Sachs. The entire investment will be used to accelerate the company's continued growth through innovation and international market expansion, reinforcing the company's position as the European leader in HR Tech.
Talentsoft Risks and Challenges
TalentSoft’s ability to expand beyond its stronghold in France will help define its future, especially with its expansion into North America where European talent management vendors have had less luck cracking the US market than they do with other countries because of a large concentration of entrenched players. Picking the right market and vertical to penetrate will be key to TalentSoft’s success in the future.
Talentsoft Ecosystem, Partners, Resellers and SI
With an ecosystem of certified partners, Talentsoft provides and guarantees worldwide support to its customers. Among its resellers are Adehis, Advyteam, Althéa, Aptimeo, Ataraxis, Atos Origin, BearingPoint, Broadbean, CGI, Logica, Cleveor, Crossknowledge, CSC, ESPerformance, Etinea, Everbe, E walking, Groep S, Hilango, HRMS Consulting, HR Strategy, IBM, KERTYS, Lumens, Mix Competences, Multiposting, Northgate Arinso, Optentiel SA, Talentys, Tandems Conseil, Work4Lab, and others.
HR services provider Trenkwalder has entered a partnership with talent management software vendor Talentsoft to become an official reseller of its cloud-based software. This partnership will enable Trenkwalder to support Talentsoft’s expansion into Central and Eastern Europe by fully integrating the digital HR solution into its product portfolio.
Talensoft integrators are Accenture, Act-On, Ataraxis, CGI, Civadis, CSC, Hilango, HP, HRMS Consulting, Humanage, Kertys, Persolis, SDWorks, Talhent.
Technological and software partners are Broadbean Technology, CrossKnowledge, Cubiks, Cut-E, Knollenstein Technologies, Launch Pad, Microsoft, Multiposting, MyJobCompany, TextKernel, TalentPlug, Work4 LAbs.
Talentsoft Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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