IBM Enters HR Web Software with Kenexa Buy


From Reuters.com:

IBM Corp is making a large splash in the human resources software market by announcing its $1.3 billion acquisition of Kenexa Corp.

This move by IBM follows computing giants Oracle Corp. and SAP AG, who recently bought their way into the fast-growing, cloud-based software market. In December 2011, SAP spent $3.4 billion for SuccessFactors; recently, Oracle acquired Taleo Corp. for $1.9 billion.

One factor behind this new wave of online business applications is these technology companies are less susceptible to economic downturns, since human resources services

Cutting-edge companies such as, Taleo, SuccessFactors and Ovation Technologies, help improve the cost-effectiveness of small-to-medium-sized enterprises by offering automation to many human relations responsibilities. HR jobs such as job postings, hiring, education and reference checks are more efficient over the cloud—saving business owners time and money.over the cloud is both convenient and affordable, with no up-front costs, infrastructure or costly licensing fees. Businesses of any size can compete for talent acquisition, hiring and onboarding with the aid of the new advances in human resources software.

Kenexa, with more than 8,900 customers, specializes in “Employment Branding.” A client company’s uses Kenexa’s services to convey a “unique culture” through a unified branding—with channels such as creating career sites, offering analysis and performance management and public relations.

More information about the IBM acquisition of Kenexa can be found at the original Reuters.com story.

Image Credit: Reuters/Nir Elias

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s