WALTHAM, Mass.--(BUSINESS WIRE)--May 24, 2006--Authoria, Inc., the leader in strategic talent management solutions, today announced that the company entered 2006 with strong momentum marked by large enterprise customer wins, the rapid conversion of customers to Authoria's on-demand model, and the introduction of Authoria Recruiting, less than a year after the acquisition of Hire.com.
"After a record 2005, we have moved into 2006 well ahead of our competitors in what industry analysts agree is fast becoming one of the largest software categories - talent management software," said Authoria Chairman and CEO Tod Loofbourrow. "The world's largest employers overwhelmingly continue to choose Authoria to optimize their investments in human capital, through recruiting, performance management, compensation, succession planning, and communications on benefits and policies for their global workforces. Customers are reaping the benefits of Authoria's on-demand solutions, which reduce the strain on IT resources, facilitate rapid deployment, and lower costs."
"After acquiring Hire.com less than a year ago, we have introduced Authoria Recruiting, a dramatic enhancement of our recruiting solution, in the first quarter," Loofbourrow continued. "This product changes the rules of the game in the recruiting-software market. Recruiting is vital to our customers, as enterprises feel the squeeze between the high-skill positions they are anxious to fill and the dearth of qualified candidates to fill them. We remain the only company with a fully integrated suite of talent management solutions, which address recruiting and retaining the 'best of the best' to drive better business results. As the labor market continues to tighten, having tools to competitively hire, evaluate, motivate, and retain skilled workers is vital to all levels of the organization."
Authoria is the dominant talent management vendor for large enterprises. One-third of Authoria's customer base has more than 20,000 employees, across a diverse spectrum of industries that includes retail, financial services, healthcare, manufacturing, government, technology, and utilities. During the first quarter, customer wins included ArthroCare Corp., Newmont Mining, Siemens Corp., and large enterprises in the semiconductor, business information, and Web publishing sectors.
Strengthening Authoria's commitment to leadership in recruiting solutions, the company in March unveiled Authoria Recruiting, a collaborative application that optimizes the process of finding, recruiting, and retaining the "best-fit" talent for an organization. With an intuitive and easy-to-use interface, the best tools for collaboration between recruiters and hiring managers, and unmatched capacity to help organizations develop "private talent pools," Authoria Recruiting has set an aggressive new standard among recruiting-software applications.
Authoria Recruiting is an essential element of Authoria(R) 2006, a fully integrated suite of solutions for strategic talent management that also includes Authoria Performance(TM), Authoria Salary(TM), Authoria Incentive(TM), Authoria Succession(TM), and Authoria Communications(TM).
About Authoria
Authoria(R) is the leading provider of strategic talent management solutions, helping employers increase the productivity of their workforce in driving their business strategy forward. In October 2005, Authoria beat three leading competitors at the HR Technology Conference Performance & Compensation Shootout. In addition, Authoria's products have been awarded Top Product of the Year by Human Resource Executive Magazine seven times, more than any vendor in the history of HR technology. Authoria 2006 includes recruiting management, performance management, compensation management, succession planning, and benefit and policy communication, while providing just-in-time knowledge and coaching for managers and employees. Authoria's award-winning solutions have proven successful for more than 300 large employers, representing more than 10 million employees. Customer companies include Boeing, Pfizer, Reuters and Unocal. For more information, visit www.authoria.com.