04 March 2021
Talentsoft, a leader in HCM cloud solutions has been able to weather this unprecedented crisis thanks to its solid business model, seeing a rise in 2020 turnover and a 17% growth in annual subscriptions. The French scale-up is aiming for a turnover of €100 million in 2021, proving their ability to supply their innovation to the European market.
“2020 was a year of transformation and adaptation for all organizations. Given the current crisis, a number of companies have had to speed up their digital transformation processes. This in turn has highlighted a number of requirements for organizations: better understanding their people, a need to identify skills , improving the management of remote teams and their objectives, and an increasing importance placed on employee training. Talentsoft has met these new requirements with the acquisition of Crafty and the launch of Talentsoft Match, helping companies and employees prepare for the jobs of the future. Our teams are involved in HR transformation projects all over Europe. In 2021, Talentsoft will combine growth and profitability with a turnover of €100 million and a 10% EBITDA.” explained Jean-Stéphane Arcis, CEO and co-founder of Talentsoft.
Talentsoft withstands the crisis and grows internationally
The European leader in HCM, Talentsoft has demonstrated sustained growth across Europe and Canada. With 11 million users worldwide, Talentsoft has stepped up its innovation efforts by developing it’s role as a marketplace – a true HR ecosystem aggregator with nearly one hundred partner solutions. The European leader in HCM has also integrated new technologies to prepare companies and employees for the jobs of the future.
Our latest innovation, Talentsoft Match, a product born from the acquisition of Crafty, uses Artificial Intelligence (AI) to match employee information to the opportunities available within their organization. This acquisition reinforces Talentsoft’s ability to innovate both employee experience and company competitiveness.
The company has established itself as a trusted partner of European multinationals, proven by large-scale contracts signed in 2020. These include Orange, La Poste, Lacoste, and STMicroelectronics in France; Maersk Drilling and Attendo in Scandinavia; BearingPoint in the DACH region; and Jumbo and Colruyt in Benelux.
Talentsoft, a major player in European HR Tech
Named a “leader” in five international analyst reports in 2020 – including IDC, Nucleus Research, and Fosway – Talentsoft has affirmed its position as a key player in HR transformation for companies across Europe.
Talentsoft is determined to tackle HR challenges head on in 2021. The software company is focusing its innovation on serving the changing role of the manager – by providing them with the tools to manage their teams both on-site and remotely. Talentsoft’s Continuous Conversation, a solution that is integrated with Microsoft Teams, is one way of solving these challenges.