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Authoria Celebrates Tenth Anniversary with Consolidated Leadership in Integrated Talent Management.


Increased Momentum in Revenue Growth, Customer Wins, and Adoption of On-Demand On-Demand refers to a service or feature which addresses the user's need for instant gratification and immediacy of use. In most cases the value proposition for an on-demand service is wrapped up in the fact that the user or consumer of the service avoids a significant up-front  Solutions by Large Employers Highlight 2006 Achievements

WALTHAM Waltham (wôl`thăm, –thəm), city (1990 pop. 57,878), Middlesex co., E Mass., a suburb of Boston, on the Charles River; settled c.1634, set off from Watertown 1738, inc. as a city 1884. , Mass. -- Authoria, Inc. marked its tenth anniversary by consolidating its leadership position in the fast-growing market for integrated talent management (ITM ITM

See: In-the-money
) solutions. The company completed 2006 with 42-percent year-on-year growth in recurring re·cur  
intr.v. re·curred, re·cur·ring, re·curs
1. To happen, come up, or show up again or repeatedly.

2. To return to one's attention or memory.

3. To return in thought or discourse.
 revenue, as well as 47-percent growth in the second half of 2006 in new customers alone. In addition, almost 40 of the company's 300-plus enterprise customers now use three or more Authoria solutions for critical http://www.authoria.com [talent management] functions such as recruiting, http://www.authoria.com/products/performance [performance management], compensation, and http://www.authoria.com/products/succession [succession planning Management Succession Planning
In organizational development, succession planning is the process of identifying and preparing suitable employees through mentoring, training and job rotation, to replace key players — such as the chief executive officer (CEO) —
] - an industry high for http://www.authoria.com [integrated talent management].

In the fourth quarter of 2006, the company delivered Authoria Recruiting 2007, an innovative solution to the challenge of http://www.authoria.com/products/recruiting [talent acquisition] that emphasizes the ability to track and measure quality of hire, as well as the traditional staffing metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM.  of time-to-fill and cost-per-hire.

"2006 saw an explosion in the adoption of a more integrated approach to talent management," said Tod Loofbourrow, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Authoria. "Successful organizations recognize that a silo-to-silo approach to managing their talent no longer works. Authoria's integrated solutions enable HR executives and line-of-business managers to better leverage talent for bottom-line business results, through cross-functional initiatives such as pay for performance, performance-based hiring, and leadership development."

"As we mark our tenth anniversary, Authoria continues to draw on distinctive strengths - the breadth and depth of our talent management solutions, our focus on improving the end-user's experience of talent management, and unmatched expertise in solving the complex problems of the world's most demanding employers," Loofbourrow continued. "We are excited by the opportunity to extend our track record of innovation for the benefit of customers, and our leadership in talent management, in 2007 and beyond."

About Authoria

Authoria[R] helps the world's most competitive employers achieve superior business results, by optimizing the way they recruit, develop, compensate, retain, and engage top talent. Designed for business managers as well as HR professionals, the company's integrated talent management (ITM) solutions enable more effective recruiting, performance management, compensation management, and succession planning across an organization. Authoria serves more than 300 large organizations and 4 million managers and employees with our on-demand Internet-based solutions. Customer companies include Boeing, Pfizer, and Reuters Reuters

British cooperative news agency. Founded in 1851 by Paul Julius Reuter, it was initially concerned with commercial news but began to serve a growing newspaper clientele after the London Morning Advertiser subscribed in 1858.
. For more information, visit http://www.authoria.com.

Note to editors: Authoria and the Authoria logo are registered trademarks of Authoria, Inc. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and other countries. All other product names and references contained herein remain the service marks, trademarks, or registered trademarks of their respective owners.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Company overview
Date:Mar 19, 2007
Words:448
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