What had been a closely guarded secret known only to high-level members of the HR community is now officially out-of-the-bag: Workstream today announced the future of talent management. Impressed were those at the Project X Sneak Peak last night in Chicago who saw for the first time TalentCenter 7.0. And, among feedback from the analyst community is this gem:
“Other players in the talent management space have received attention recently, but, until seeing your v7 pitch, I had not fully appreciated how much Workstream has grown and the focus you have at the high end of the marketplace,” said Jeff Kaplan, Managing Director of THINKstrategies and the founder of the SaaS Showplace. “The new BI and analytics capabilities are very timely, and will enhance the value of Workstream’s SaaS solutions.” 
The new release – widely regarded as the first-ever Talent Management 2.0 offering – seeks to help businesses succeed in finally making talent management strategic within the enterprise. For the first time, companies can leverage a unified suite of talent management solutions that include advanced analytics and dashboards, built-in multi-language/multi-currency support, a common reporting engine and user-definable, personalized workspaces – all within a Web 2.0 interface.
Businesses can now assess talent management from a global perspective, via applications that are secure and easy to use, and which enable staff from the CEO on down to view and interact with data that is personalized, configurable and actionable. The ability to slice-and-dice data across talent management functions will be a distinct advantage to companies when competing for top talent, and the end result will be improved productivity and retention, reduced compliance risk, labor costs and employee attrition.
Be sure to visit this space later in the week to access the TalentCenter 7.0 podcast and webcast, and for additional details about TalentCenter 7.0, the future of talent management.
