Corporate Executive Board Co. (CEB), a leading U.S.-based member advisory company, has acquired Talent Neuron, an Indian talent analytics startup, for an undisclosed amount. The acquisition is likely to strengthen Corporate Executive Board’s position in the market and unlock additional values.
Corporate Executive Board offers valuable insights, tools and actionable solutions to improve performance by combining advanced research and analytic tools from member companies. Talent Neuron is an early-stage platform that provides market intelligence tools, software and decision support based on large-scale data analytics. It uses its own predictive data model to estimate talent-related trends across major markets in the world.
Its models present a comprehensible inspection into talent market dynamics across 600 cities, 7,500 companies and 90 roles globally. These tools empower corporate leaders to integrate fact-based analysis of talent demographics, accessibility, cost and competitive landscape into important strategic and operating decisions.
As Talent Neuron's talent data asset is combined with Corporate Executive Board's insight, best practice and predictive science on talent acquisition, evaluation and development, operating synergies are likely to be realized. The combined entity, called CEB TalentNeuron, appears distinctively positioned to help senior executives define and realize measurable, data-based talent outcomes to maximize operating efficiency and boost corporate performance.
The SaaS (Software as a Service)-based analytics platform is configured to support corporate and functional leaders whose dynamic roles call for fast decision-making processes. The clientele of both the companies perceive immediate value in the linkage between Corporate Executive Board's depth on policies and business challenges with Talent Neuron's insight into global labor markets. This new venture will provide access to scalable market data to executives who are looking to bridge the gap between talent resources and business outcomes.
Experts believe that the combination of the assets will create a powerful platform to alter the talent decision-making process of companies. For Corporate Executive Board, this is the third acquisition in the talent management space, following the acquisition of U.K.-based SHL in Jul 2012, and Valtera in Feb 2012.
Corporate Executive Board currently holds a Zacks Rank #3 (Hold). Other stocks in the industry that look promising and are worth a look include CBIZ, Inc. (CBZ), Accenture plc (ACN) and Bureau Veritas SA (BVRDF). While CBIZ holds a Zacks Rank #1 (Strong Buy), Accenture and Bureau Veritas carry a Zacks Rank #2 (Buy) each.