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Gartner Inc have released the 2009 Magic Quadrant for E-Recruitment Software report. The report examines "vendors that have more than 100 e-recruitment software customers with more than 1,000 employees, more than $25 million in total revenue (license, maintenance and services) or both."
As the e-recruitment software market matures, there is more functional parity in recruitment automation. However, customers are starting to move beyond basic recruiting automation toward overall effectiveness. Solutions are evolving to meet the strategies of organizations looking to fulfill their talent acquisition needs. To be most effective, solutions must support industry and geographic needs, as well as handle the challenges facing corporate recruiting departments.One of the findings that caught my attention was 22% of respondents said that they were using social software functionality from their e-recruiting vendor, whereas 34% had no plans to use social software. During the past year, many vendors have added social-software capabilities, and almost all have it on their road maps.
Gartner's evaluation criteria is based on the company's vision and ability to execute, which includes market understanding, overall viability, innovation, business model, market responsiveness and customer service experience.
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Article URL: http://www.recruitmentdirectory.com.au/Blog/gartners-2009-magic-quadrant-for-e-recruitment-software-report-a308.html
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I've got some more research coming out with some case studies on using social software in recruitment. It is a significant trend, but as you so eloquently put it the other day, lets not get totally get carried away.
On the social software capabilites, there are a couple of startups that are doing more innovative stuff than the bigger players.
Thomas