Vendor to Vendor: The Growth of HR Technology Alliances
As everyone in HR, talent acquisition, sourcing, and recruiting knows whose paid attention over the past decade, the $14 billion HR technology industry has seen a massive amount of mergers and acquisitions. The ‘big three’ players: Oracle, Workday, and SAP SuccessFactors, continue to grow their suites and solutions through acquisition. Hardly a week goes by without a new deal being announced.
There’s another strategy, however, that many vendors in HR and TA technology are pursuing behind the scenes, outside the headlines and hoopla generated when another merger or acquisition is announced. These vendors are creating partnerships, alliances, and solution stacks to better serve their clients, add new capabilities, and better compete. The TAtech Spring Congress has an entire Collaboration track called the TAtech Center for Deals and Alliances, facilitating scheduled meetings and interaction between the many venders attending. Other regional conferences are creating vendor ‘speed dating’ opportunities as well.
One person with a tremendous amount of insight and experience playing in this sandbox is Ward Christman, who has 25-plus years’ experience creating & selling e-recruiting technology and services. Ward’s background includes special expertise in ATS (Applicant Tracking Systems), employee referral, and job marketing (via job boards and social media). He is the Founder & Chief Advisor of HR Tech Advisor and Co-Founder and Chief Advisor of HR Tech Alliances.
Ward is working with a number of HR Tech industry thought leaders to create something very exciting – a new global portal just for those involved in Alliances & Partnerships in the HR Tech industry. It is not for the HR buyers, it is for the vendors to connect with other vendors to do more business with each other – we plan to help them discover, create and manage Alliances & Partnerships.
Welcome to an HR Technology podcast on TotalPicture Radio. I’m your host, Peter Clayton. Joining me is Ward Christman.