{"id":803,"date":"2007-10-18T01:00:25","date_gmt":"2007-10-18T09:00:25","guid":{"rendered":"https:\/\/systematichr.com\/?p=803"},"modified":"2007-10-18T01:01:13","modified_gmt":"2007-10-18T09:01:13","slug":"workstream-update","status":"publish","type":"post","link":"https:\/\/systematichr.com\/?p=803","title":{"rendered":"Workstream Update"},"content":{"rendered":"<p>Last week at the HR Technology Conference in Chicago, <a href=\"http:\/\/www.workstreaminc.com\" target=\"_blank\">Workstream<\/a> released their newest 7.0 version of their talent management suite.\u00a0 While I have not seen a demo of the product live yet, this promises to be one of the most intriguing releases of the year.<\/p>\n<p>A month ago, I was very pleased when I saw Taleo get in the performance and talent management game with their long awaited performance application.\u00a0 Its heavy usage of Web 2.0 technologies drastically changed the approach to the user interface and user experience.\u00a0 At that time, I thought that Taleo might have found itself a nice market to play in where other vendors caught up to their technology as they re-engineered code.<\/p>\n<p>Workstream has been fairly quiet for a couple of years now.\u00a0 The last time I reported anything about them (other than their entry into the mid-market space), I was very impressed with the depth and breadth of their product offering.\u00a0 However, this was quite some time ago.\u00a0 In the meantime, they have continued to have financial issues and a pretty low stock price.\u00a0 In 2007, things seemed to turn a corner.\u00a0 They secured additional funding from their current investors of around $20M, and they were able to secure a new SVP of Marketing.\u00a0 Over the last couple of years, they have also been making significant progress in their application development.\u00a0 What happened in 2007, leading up to their current release, is a great application, and the funding to market it well.<\/p>\n<p>Back to the Taleo story.\u00a0 I thought that Taleo was going to be the only game in town for a while.\u00a0 Really the only vendor who re-envisioned talent management, and with a nifty and new codebase, it was possible that nobody would catch up with them in the short term.\u00a0 Without having touched the product, I\u2019ll announce that I was wrong.\u00a0 Workstream\u2019s 7.0 release is completely reengineered to include a new Web 2.0 UI, and on top of that, it is far more integrated that ever before.\u00a0 Combined with money and new direction from the top, Workstream now seems well positioned to be a market leader yet again.<\/p>\n<p>It appears that Taleo has been joined by Workstream in the Web 2.0 talent space, but while Taleo has a great brand for talent acquisition, Workstream obviously has more presence in the overall talent management space.\u00a0 The winner so far is the consumer.\u00a0 Web 2.0 as brought forth by both Workstream and Taleo is making great strides for user experience and ease of use.\u00a0 And, I\u2019m hoping to be able to announce more re-engineered and re-visioned offerings from other vendors soon.<\/p>\n<p>For now, if you\u2019ve written off Workstream, it\u2019s time to take a new look at them.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week at the HR Technology Conference in Chicago, Workstream released their newest 7.0 version of their talent management suite.\u00a0 While I have not seen a demo of the product live yet, this promises to be one of the most&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[2,20],"tags":[],"class_list":["post-803","post","type-post","status-publish","format-standard","hentry","category-hr-technology","category-talent-management"],"_links":{"self":[{"href":"https:\/\/systematichr.com\/index.php?rest_route=\/wp\/v2\/posts\/803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/systematichr.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/systematichr.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/systematichr.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/systematichr.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=803"}],"version-history":[{"count":0,"href":"https:\/\/systematichr.com\/index.php?rest_route=\/wp\/v2\/posts\/803\/revisions"}],"wp:attachment":[{"href":"https:\/\/systematichr.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/systematichr.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/systematichr.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}