HfS Research recently attended an analyst event hosted by Kenexa, a leading provider of recruiting and talent management solutions. Founded in 1987, Kenexa (originally named TalentPoint, Inc.) has grown rapidly through acquisitions (e.g., BrassRing, Salary.com, and Gantz Wiley Research) and organic growth over the past eight years. Chief Executive Officer (CEO), Rudy Karsan explained that Kenexa’s market share as one of the largest public human capital management firms was a key growth factor this year. Yet, the fragmented nature of the recruiting and talent management marketplace is evidenced by Kenexa being one of the largest players with revenues of just $280 million. Kenexa expects revenue growth of about 50% in 2011, of which 30% of the growth is forecast as organic. Regionally, the company has grown fastest in Asia, followed by the United States.
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