New "talent Grid" Combines The Power Of Cloud Computing & Social Networking

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10th September 2009, 11:39am - Views: 827


Taleo Launches the World's Largest Talent Management Community;
New "Talent Grid" Combines the Power of Cloud Computing and Social Networking

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



Thursday September 10, 2009 Less than a year after announcing its Cloud Community strategy, Taleo
Corporation (NASDAQ: TLEO), 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 "next" practices, discover innovative solutions and interact to
match up the world's 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, Taleo's
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 Taleo's on-demand Talent
Management software solutions for enterprise, medium-sized and small businesses.


" t Taleo, we recognize the power of great Talent Management to transform and lead business
performance," said Michael Gregoire, Chairman and Chief Executive Officer. "Beyond innovative
software, the true catalyst for putting Talent Management at the center of business change will come
from the world's domain experts. We are delighted to galvanize the world's largest Talent
Management ecosystem of experts--our 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."


Knowledge Exchange: Social Network for Talent Management
Taleo's 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 customers' ability to share and discuss a wide range of
talent management topics, product ideas and best practices, and tomorrow's 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 who've driven hundreds of active
discussions, uploaded content, presentations, videos and even shared sample code.


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


"This is addictive," Amanda Anderson, Recruitment lead, Hyatt Hotels

"The Knowledge Exchange provides instant access to a world of Taleo customer experiences
at our fingertips and is a fantastic knowledge sharing portal." Philippa Daglish, GHD People.




Solution Exchange: Applications Marketplace for Talent Solutions
Taleo's powerful integration platform and large ecosystem of "pre-integrated" 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. Taleo's 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:


"Taleo'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


"The 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." 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.


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


Why Taleo
Taleo's 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, 2.9 million users, 70 partners
500,000 new job postings per quarter
4,100 global customers, including some of Australia's major companies such as ANZ Bank, GHD
People, Qantas, Rio Tinto, Telstra and Westpac
Open integration platform
World's 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 Taleo's annual user conference, TaleoWORLD in Las
Vegas and locally at the Asia-Pacific Regional User Group Conferences to be held in Sydney on October
14th and Hong Kong on October 20th.




For more information, visit: GRID.TALEO.COM.

Taleo Australian media contact:
Susan Westcott
Tel: 0422 479 369
E-mail: [email protected]

About Taleo
Taleo (NASDAQ: TLEO) is the leader in on demand unified talent management solutions that empower
organizations of all sizes to assess, acquire, develop and align their workforces for improved business
performance. More than 4,100 organizations use Taleo for talent acquisition and performance
management, including 46 of the Fortune 100 and over 3,400 small and medium sized businesses across
200 countries and territories. Known for its strong configurability and usability, Taleo runs on a world-
class infrastructure and offers 99.9% availability. Taleo's Talent Grid harnesses the resources of the
Taleo community of customers, candidates, and partners to power the talent needs of companies
around the world.

Forward-looking Statements
This release contains forward-looking statements, including statements regarding the demand
for Taleo's solutions and results from use of Taleo's solutions. Any forward-looking statements
contained in this press release are based upon Taleo's historical performance and its current plans,
estimates and expectations and are not a representation that such plans, estimates, or expectations will
be achieved. These forward-looking statements represent Taleo's expectations as of the date of this
press announcement. Subsequent events may cause these expectations to change, and Taleo disclaims
any obligation to update the forward-looking statements in the future. These forward-looking
statements are subject to known and unknown risks and uncertainties that may cause actual results to
differ materially. Further information on potential factors that could affect actual results is included in
Part II, Item 1 of Taleo's Quarterly Report on Form 10-Q, as filed with the SEC on August 7, 2009, and in
other reports filed by Taleo with the SEC.




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