Wednesday, November 14, 2012

SelectMinds - Strengthening Oracle Talent Management offerings

Oracle announced in September this year, that they are acquiring SelectMinds - a company offering social recruitment tools. Browsing through the whitepapers available on the SelectMinds site, it is clear that SelectMinds operate in a niche space of tapping into a trusted online community of talent to source candidates using their proprietary referral marketing engine. They also have an impressive list of blue chip customers. Interestingly SelectMinds' TalentVine product already has a validated integration with Taleo Enterprise recruiting module and we also found a customer reference by Macgraw-Hill for this integration.
This acquisition indeed brings interesting solution options for customers using Oracle Talent Management/Taleo and again underlines the thrust organisations are putting on social (a quick look at the recent applications acquisitions by Oracle shows that most companies operate in the social/cloud space) and HR technology (especially Talent Management).

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