Paris, 16 September 2014 – A superb example of the “French Tech” label, Talentsoft is strengthening its position as Europe’s leading developer of cloud-based talent management software, with 30% growth and a majority of international deployments of its Talent Management applications in the first half of 2014.
The ability to tap into new markets is crucial to the competitiveness of European companies today. Human Resources Departments play a key role in successful international expansion, whether in terms of recruitment campaigns, onboarding and retaining key talents, performance management, training or internal staff mobility.
As a result, over 50 new clients have chosen Talentsoft in the first half of 2014 as their trusted partner for their ambitious international projects including Heller, MBTech and Röhlig in Germany, Tractebel (GDF Suez) in Belgium, Sodexo in France, MaxMara Fashion Group in Italy, BMW, Carante Groep and DB Schenker in the Netherlands, Steen & Ström in Sweden, and ICS Zurich and ESA in Switzerland.
With 270 employees in 10 countries, Talentsoft has become the preferred partner for businesses that believe strong international growth requires cutting-edge talent management aligned to both business objectives and local realities.
This success can be attributed to Talentsoft’s commitment to comply with all European regulations and business practices, offer Europe-based support through dedicated HR experts, and provide a flexible solution which guarantees rapid multi-country, multi-site, multi-currency and multi-language deployments.
Talentsoft’s impressive organic growth of 30% has annual revenue expectations increasing to a total of almost 25 million euros for 2014. Underlining its growth is a financial model with excellent stability with 80% of recurring revenue and order books of over 35 million euros.
For several years now, Safran has been involved in a large-scale recruitment campaign to boost its brand awareness and increase its attractiveness as an employer worldwide. With over 6,000 recruitments a year and 66,000 employees, Safran is one of France’s biggest recruiters.
Safran chose Talentsoft for its recruitment and internal mobility management in 15 countries. The solution was first deployed in the United States, where the group has its second largest presence with 6,500 employees, and in France. It is now rolled out throughout the group in South America, Canada, Europe, India and Morocco.
« The solution’s flexibility means we can follow local good practices and easily adjust applicant experience to the countries’ cultures. In addition, the Talentsoft teams lent us their expertise and reactivity both during and after the implementation phases» explains Raphaëlle Giovannetti, Group Vice-President of Human Resources at Safran..