Fosway Group, Europe’s #1 HR industry analyst, today unveils its new 2019 Fosway 9-Grid™ for Talent Acquisition for the first time. Launched as an interim analysis of the talent acquisition software market in EMEA, it focuses solutions being selected by enterprise-scale customers to support their recruitment processes.
With input from Fosway’s Corporate Research Network of over 200 organisations, in addition to 1:1 briefings and an in-depth data capture process with vendors, the 9-Grids™ uniquely calibrate data across five key areas: Performance, Potential, Market Presence, Total Cost of Ownership and Future Trajectories across the market. Their aim is to demystify the supply options available to organisations and help learning professionals make better buying decisions when investing in HR technology.
In the 9-Grid™ for Talent Acquisition, the analysis is sub-categorised into Suite solutions and Specialist solutions. Suites typically incorporate functionality that’s part of a wider range of capabilities across talent acquisition and sometimes into talent management. Specialist solutions meanwhile, tend to support a narrower and more focused set of functionality, for example managing candidate relationship marketing.
David Wilson, CEO of Fosway Group commented, “Our HR Realities research shows that talent acquisition is now a strategic business challenge for almost every company and a C-level priority. For many large enterprises, their existing recruiting solutions are outdated and just not fit for purpose. With massive innovation in the technology and vendor solutions, 53% of companies are increasing their investment in talent acquisition and recruiting and onboarding are the top 2 areas for replacement systems in the next two years.”
He continues, “The lack of good objective insight on recruiting solutions also made it a clear priority for Fosway’s analyst research. This interim analysis is the only European-focused analyst research available in the market, and also enables us to share Fosway’s view of a market that is highly fragmented, fast changing and deeply competitive. We plan to launch the full 9-Grid™ for Talent Acquisition in April 2020, and then to maintain it annually thereafter in that cycle.”
Later this month, the annual Fosway 9-Grids™ for Cloud HCM and Talent Management Systems will also be released. Both will be available online and copies of all the Fosway 9-Grids™ will also be available at David Wilson’s presentation session at UNLEASH World on 22-23rd October 2019.
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