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Research Outline
Prepared for Andrew | Delivered May 1, 2020
Employee Lifecycle Management (ELM)
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Goals
To understand the landscape of business models that ELM software companies are currently using, with a focus on freeium models that these companies may be using.
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Early Findings
Our research on employee lifecycle managment company business models revealed insights. None of the top players in the employee lifecylce management market are currently using a freeium model. Here are the other key pieces of information we found:
Employee Lifecycle Management Company Business Models
From
previous findings
, some of the top players in the employee lifecycle management market include: Cornerstone OnDemand, IBM, Lumesse, Oracle, Peoplefluent, and Skillsoft.
Cornerstone OnDemand
has a
segmented market business model
, with customer groups that have slightly different needs. The company targets its products at enterprises, public sector organizations, and nonprofits.
Cornerstone OnDemand acquired Saba
in February of this year, and
Saba acquired Lumesse
in 2018.
IBM
has a
business model
for their employee lifecycle management system that focuses on targeting
human resources
departments.
Oracle's business model
centers around being
cloud-based
, with every major product being transformed by the cloud, including the way the sales force operates.
PeopleFluent
has a
business model
that targets
large and mid-size enterprise companies
and offers
standalone or bundled products
.
Skillsoft's business model
focuses on offering the
world's largest library
of corporate learning assets, with scenario based, learner-centric, and character led learning.
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