CEB Acquires Talent Neuron: Terms Undisclosed
CEB (NYSE: CEB), the leading member-based advisory company, today announced it has acquired Talent Neuron, a provider of market intelligence technology tools based on large-scale data analytics. By combining Talent Neuron's talent data asset with CEB's insight, best practice and predictive science on talent acquisition, assessment and development, the company is uniquely positioned to help senior executives define and realize measurable, data-based talent outcomes that drive corporate performance.
The Talent Neuron tools, now available as CEB TalentNeuron, provide a clear and normalized view into talent market dynamics across 600 cities, 7,500 companies and 90 roles globally. This visibility empowers HR and other corporate leaders to incorporate fact-based analysis of talent demographics, availability, cost and competitive landscape into key operating and strategic decisions.
The SaaS-based analytics platform informs a wide range of workforce-planning processes and has been configured to support Chief HR Officers and their teams as well as functional leaders, such as CIOs and CFOs, who increasingly need direct support in making decisions around specialized talent within their own functions. For example, a CIO who is building a new network operations center can utilize CEB TalentNeuron data to determine which of several proposed locations offers the highest quality talent pools within the most desirable market conditions.
Joint customers see immediate value in linking CEB's depth on strategy and business challenges with Talent Neuron's deep, timely insight into labor markets globally. "The HR function is in an exciting time of transformation from a data reporter to a solution provider using talent analytics to drive competitive advantage," said Shari Moore, vice president of HR, Product Design & Delivery organizations at NetApp. "In order to do so, it is necessary to have the timely, accurate talent supply data that Talent Neuron provides. I am thrilled that we will be able to work with them as part of CEB, another vendor we have a long-standing relationship with, to address our talent management requirements."
"We've long prescribed that companies must apply the same rigor to managing their people as they do their balance sheet," said Tom Monahan, CEB chairman and CEO. "With the addition of Talent Neuron, we're helping our members bridge the gap between talent outcomes and business outcomes by equipping them with the missing link—trusted employee and market data—that strengthens their planning processes and complements their own good judgment. We're excited to bring these new services to bear for HR executives and other leaders across the C-suite who recognize talent as the most effective means of achieving competitive advantage in today's dynamic work environment."
Vijay Swami and Vamsee Tirukkala, co-founders of Talent Neuron, added, "The marriage with CEB is a perfect fit for Talent Neuron. The businesses share a strong belief in the power of big data, combined with sound judgment and predictive science and technology. Additionally, the companies have a similar service ethic and customer orientation. The combination of our assets creates a powerful platform to change the ways that companies drive talent decisions."
Visit us to learn more about CEB's talent management offerings.
About CEB CEB, the leading member-based advisory company, equips more than 10,000 organizations around the globe with insights, tools and actionable solutions to transform enterprise performance. By combining advanced research and analytics with best practices from member companies, CEB helps leaders realize outsized returns by more effectively managing talent, information, customers and risk. Member companies include approximately 85% of the Fortune 500, half the Dow Jones Asian Titans, and nearly 85% of the FTSE 100. More at cebglobal.com.
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