Leaders in the standalone talent acquisition (TA) market include Beamery, Eightfold, Greenhouse Software, iCIMS, Rival, and Zoho Recruit.
MIAMI, Oct. 16, 2024 /PRNewswire/ — Nucleus defines standalone talent acquisition (TA) technology as best-of-breed solutions and suites that deliver capabilities focused on one, several, or all areas of the hiring process. This includes sourcing, recruitment marketing, applicant tracking, candidate screening, candidate relationship management (CRM), interview management, offer management, and new hire onboarding. Unlike full-suite HCM providers that offer talent acquisition functionality, these vendors have a greater capacity to focus investments on granular talent acquisition functionality.
“The TA space remains crowded, making partnerships and integrations a primary focus for vendors looking to reduce complexity for customers by offering a more cohesive experience,” said Research Manager Evelyn McMullen. “When it comes to AI adoption, we find vendors driving the greatest value for employers when they focus on use cases where it can accelerate menial tasks and enable more strategic work.”
Talent acquisition technology providers are continuing to prioritize AI and skills functionality to help organizations reallocate recruiter time to more strategic initiatives. With the emergence of new tools to support recruiters and candidates in the hiring process, initial applications, such as job description creation and skill matching, have set the stage for increased AI adoption.
Leaders in this year’s Value Matrix deliver advanced functionality without sacrificing ease-of-use at scale. These include Beamery, Eightfold, Greenhouse Software, iCIMS, Rival, and Zoho Recruit.
The Experts in this year’s Value Matrix are organizations that deliver value to customers with complex use cases through deep functionality and industry-specific capabilities. These include ClearCompany, Jobvite, Lever, and SmartRecruiters.
Accelerators in this year’s Value Matrix deliver value through greater ease of use and quick implementation. These include Daxtra, hireEZ, JobSync, Plum, and Veritone Hire.
Core Providers deliver core capabilities with faster and less expensive adoption. This year’s Value Matrix Core Providers are Gem, HireVue, JazzHR, and Workable.
To download the full 2024 Standalone Talent Acquisition Technology Value Matrix, click here.
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SOURCE Nucleus Research