Analyst Reports Highlight Solution Breadth and Depth, and Strong Multinational Capabilities as Key Assets for Customers
StepStone Solutions, Inc. (OSE:STP), a leading provider of on-demand talent management solutions, today announced it received two important industry accolades from information technology research and advisory firm, Gartner, Inc.
In the MarketScope for Employee Performance Management Software, 2007, StepStone received a “Positive” rating for its ETWeb™ (formerly ExecuTRACK) solution, the highest score given in the report, which analyzed the strengths and challenges of providers offering performance management, succession management and compensation management solutions. The company was one of 29 vendors evaluated for marketing strategy, product vision, business model, overall viability, sales execution and customer experience.
StepStone also was named a “Leader” in Gartner’s most recent Magic Quadrant for E-Recruitment Software, 2006, a designation based on the company’s completeness of vision and ability to execute with its i-GRasp™ solution. The report evaluated 30 vendors for product differentiation in the areas of job posting, candidate management, workflow flexibility, reporting, on-boarding, content and multinational support.
According to Jim Holincheck, research vice president at Gartner and author of both reports, “EPM [employee performance management] is an important linchpin in an emerging broader suite of talent management applications. We focused on providers that have a broad, cross-industry solution ... and that have ‘production proven’ products in at least one of three major categories (performance management, succession management and compensation management).”
Holincheck also writes, “Leaders in the e-recruitment software market have products that can meet the challenges presented by large, complex global organizations. These vendors have strong track records in the market, and demonstrate strong sales and marketing execution. The leaders also typically have a well-articulated strategy that includes deeper focus on talent acquisition or a broader focus on talent management.”
StepStone Solutions
i-GRasp integrates every part of the recruitment process from sourcing to job posting, through candidate screening and selection, agency and job board management, to new hire on-boarding. The solution supports the spectrum of candidate types and is fully integrated with a client’s corporate Web and intranet sites. At the click of a button, in-depth reporting is readily available, enabling clients to track key indicators such as source effectiveness, cost per hire, and time to hire.
ETWeb helps organizations manage and develop talent by enabling them to identify and retain high potential individuals. The solution can be used both as a modular and a standalone solution encompassing post-hire HR management, performance management, compensation management, skills and competency management, succession planning, and career development.
“We’re honored to be recognized by Gartner as a leading provider of global talent management solutions,” said Matthew Parker, Group Managing Director, at StepStone. “Having achieved this level of success in a highly competitive market is a testament to our innovative technical approach and relentless focus on delivering strategic value to customers who face the daily challenges of managing talent across complex, multinational organizations.”
About StepStone
StepStone is one of the world’s largest providers of on-demand, talent management solutions, offering a portfolio of technology and online services that enable organizations to attract, recruit, develop, retain and manage the highest caliber of global talent. Founded in 1996, StepStone supports talent management initiatives for industry leading organizations including Virgin Atlantic, KPMG, British Airways, Xerox, McDonald’s and DuPont. For more information see: www.stepstonesolutions.com.