Taleo Launches the Worldís Largest Talent Management Community

Three New Exchanges Connect Over 175 Million Candidates, 4,100 Customers, Millions of Users and Dozens of Partners in Thriving Talent Management Ecosystem

Less than a year after announcing its Cloud Community strategy, Taleo Corporation, today delivers on that vision with the launch of its Talent Grid. A set of three online exchanges, the Talent Grid provides a forum for Taleo customers, partners and job seekers to discuss and share best and ìnextî practices, discover innovative solutions and interact to match up the worldís top jobs with the best talent.

The first and only cloud-based community of its kind, the Talent Grid offers Taleo customers unprecedented value and the ability to drive superior business performance. This is made possible by harnessing the power of collaboration. By pairing social networking with talent management, Taleoís Talent Grid will bring together thousands, perhaps millions, to recruit talent, seek jobs, share knowledge, solve problems and offer insights.

The Talent Grid includes: the Knowledge Exchange, an online customer community; the Solution Exchange, a partner ecosystem; and the Talent Exchange, a marketplace where candidates and companies can connect. All three communities are built on and connected by a collaborative Web 2.0 framework. The Talent Grid is accessible as a convenient extension of Taleoís on-demand Talent Management software solutions for enterprise, medium-sized and small businesses.

ìAt Taleo, we recognize the power of great talent management to transform and lead business performance,î said Michael Gregoire, Chairman and CEO of Taleo. ìBeyond innovative software, the true catalyst for putting talent management at the centre of business change will come from the worldís domain experts. We are delighted to galvanize the worldís largest talent management ecosystem of expertsóour customers, partners, employees and candidates. Together, we have built a Talent Grid that will empower businesses of all sizes to transform their workforces and their business performance.î

Knowledge Exchange: Social Network for Talent Management
Taleoís new online customer community brings together talent management best practices, metrics, methodologies and domain expertise from customers and experts in dozens of industries around the world. The Knowledge Exchange facilitates customersí ability to share and discuss a wide range of talent management topics, product ideas and best practices, and tomorrowís next practices, in a quick social manner. In pilot since April, the Knowledge Exchange is already buzzing with customer interaction, networking and idea generation from early participants whoíve driven hundreds of active discussions, uploaded content, presentations, videos and even shared sample code.

ìThe Knowledge Exchange has already saved us five support calls at TeleTech.î Brenda Reid, Director, Global Talent Acquisition, TeleTech

ìThis is addictive,î Amanda Anderson, Manager of Recruitment Technology, Hyatt Hotels

Solution Exchange: Applications Marketplace for Talent Solutions
Taleoís powerful integration platform and large ecosystem of ìpre-integratedî partner solutions offers customers the ability to rapidly extend the value of their Taleo investment with a highly diverse set of products and services including sourcing, compliance, assessment, learning, tax credit screening, background checks, and various emerging technologies. Taleoís Solution Exchange provides a marketplace where customers can quickly explore, evaluate, demo, compare and activate solutions that extend the value of their Taleo products--without ever leaving the site. Debuting with more than 70 solutions at launch, the Solution Exchange is available for Taleo customers and partners today. Early participants say:

ìTaleo's vision and execution with the Solution Exchange is compelling. It's a great environment for collaboration and the primary reason we're investing with Taleo first. Mark Newman, CEO and Founder of HireVue

ìThe ability for us to rapidly turn on pre-integrated solutions without the time and costs involved with custom integration and professional services engagements is of significant value to us.î Customer, Ken MacFerrin, Director, Global Staffing and Talent, InfoPrint Solutions Company

Talent Exchange: Candidate Sourcing Marketplace
The Taleo Talent Exchange is a collaborative online marketplace where candidates and companies connect. The Talent Exchange has the potential to bring together more than 500,000 new jobs and 13 millions applicants each quarter into one community. Here, companies can highlight job openings and source opt-in candidates directly to their Taleo Recruiting solution. Likewise, candidates can create a Universal Profile -- a robust, differentiating experience summary – that they can share across prospective Taleo employers on the Talent Grid. The Talent Exchange is available today for candidates and customers.

ìRecruiting the best talent to deliver exceptional service is crucial to our success. We have talked about ways to trade talent within our own resort community before, so we are excited to learn about and implement the new Talent Exchange. We think it's tremendously innovative.î Kyle Martin, Manager of Talent Acquisition, Vail Resorts

ìThis might very well become a one-stop shop for job-seeking needs,î Consulting industry candidate

Why Taleo
Taleoís open, cloud-based technology platform, unified talent management solution, and unique scale provide the technical foundation and critical mass required to power the Talent Grid. Key assets underpinning the Talent Grid include:

175 million candidates
500,000 new job postings per quarter
4,100 global customers, including 46 of the Fortune 100
2.9 million users
70 partners
Open integration platform
Worldís most scalable cloud-based technology infrastructure

Plug Into the Talent Grid
Access is available at no cost to Taleo customers. Keynotes, working sessions and plenty of live access to the Talent Grid will be showcased Sept. 14-17 at Taleoís annual user conference, TaleoWORLD in Las Vegas. For more information, visit: GRID.TALEO.COM.