Throughout Second Quarter of 2011, Talent Management Leader Shows Continued Customer Acceptance From Companies of All Sizes
DUBLIN, CA -- (Marketwire) -- 08/04/11 -- Taleo Corporation (NASDAQ: TLEO), the global leader of SaaS-based solutions, saw acceptance of its integrated solutions continue to grow in the second quarter of 2011, with hundreds of new customers demonstrating demand for the ™ that only Taleo solutions deliver.
Despite a challenging global economy for companies of all sizes, Taleo added 17 new enterprise class customers and more than 250 small and medium sized business (SMB) customers during the quarter. Several existing customers also expanded their use of Taleo solutions by deploying new products.
New customers for Taleo's enterprise and large enterprise platforms include such industry leaders as Western Union, Bausch & Lomb Incorporated, Devon Energy, Invesco, and Volkswagen Group of America. In addition, Taleo continues to add Fortune 100 companies to its list of customers that rely on Taleo to optimize employee performance.
Taleo's continued investment in its cloud-based infrastructure helped drive growth among enterprise customers and SMBs looking for scalability, security and reliability. Taleo today manages more than 40 terabytes of customer data, and processes more than 60 million transactions a day. As enterprises in particular look to move from operating disparate applications to a single Talent Management suite, Taleo's robust infrastructure helps its offerings stand apart.
For Taleo Business Edition, the company's SMB offering, Q2 2011 was one of the strongest quarters ever. Taleo's SMB category saw a 20 percent surge in new customers over the previous quarter's total and a 25 percent year-over-year increase.
New 2011 SMB customers include Bartlett Regional Hospital, Aspen Skiing Company, Buck Institute for Research on Aging, and the San Francisco Symphony.
"Taleo has the best comprehensive talent management solution for the small and mid-markets," said Denise Kalos, executive director, organization effectiveness of The Buck Institute for Research on Aging. "The fully integrated model presents itself in a way that overcomes the 'flash' and focuses on the job that needs to get done. I'm a huge fan of open APIs, which make it easy to integrate with our system."
"As our company has grown, we needed to find a way to streamline our processes. Taleo not only provided a full suite of talent management tools to make our processes more efficient, but also the ability to implement quickly with limited resources," said Tiffany Lyons, PHR, Systems & Solutions Administrator, National Marrow Donor Program. "Taleo's employees are very knowledgeable about current trends in talent acquisition, learning management and performance management."
"Our staff has a long tradition of excellence in patient care and a commitment to continuous improvement," said Kyra Allred, director of human resources at Bartlett Regional Hospital in Juneau, Alaska. "We chose Taleo because it met our needs for recruitment, on-boarding, and performance management, all of which play a critical role in hiring top healthcare professionals and keeping them engaged."
In the second quarter 2011, the Company also released the new version of Taleo OnBoard, which helped drive the strongest quarter ever for OnBoard in small and mid-sized companies. The solution helps organizations to build a consistent and repeatable onboarding process with groundbreaking features such as dependent tasks, configurable forms, dual signature capabilities and location-based activities.
(NASDAQ: TLEO) helps organizations improve the performance of their business by unlocking the power of their people. Taleo is the only company to provide solutions in every category of . Through its cloud-based platform, Taleo optimizes recruiting, performance management, learning and compensation -- and integrates them all so managers have the insights they need to achieve . Customers also plug into Taleo's unique community to harness the power of proven best practices, millions of users, and Taleo-ready partner solutions. From small and medium sized businesses to large enterprises, more than 5,000 organizations rely on Taleo every day to pursue growth, innovation and customer success.
This release contains forward-looking statements, including statements regarding the demand for and benefits from the use of Taleo's solutions. Any forward-looking statements contained in this press release are based upon Taleo's historical performance and its current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent Taleo's expectations as of the date of this press release. Subsequent events may cause these expectations to change, and Taleo disclaims any obligation to update the forward-looking statements in the future. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Further information on potential factors that could affect actual results is included in Part II, Item 1A of Taleo's Quarterly Report on Form 10-Q, as filed with the SEC on May 9, 2011, and in other reports filed by Taleo with the SEC.
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