(From Information Week.com) -- Last week, Oracle announced it would acquire Taleo for $1.9 billion, in a move widely interpreted as a reaction to SAP's $3.4 billion acquisition of SuccessFactors. Also in the last few months, Salesforce.com acquired Rypple, a maker of social software for employee recognition and performance management.
These moves reflect the growing importance of cloud computing to enterprise software, as well as recognition that software built around people – rather than documents or transactions – holds promise as a source of profiles for social software and a means to engage employees in social collaboration.
The question is whether established enterprise software companies like SAP and Oracle are the right ones to deliver on that promise. Very quickly following Oracle's announcements, Taleo competitors began floating offers to rescue Taleo customers from Larry Ellison's clutches and migrate them to alternative cloud services for applications like online recruiting.
Read more.
Tags: Oracle, Taleo, talent management, talent management software, talent management technology
Categories: News