Despite the tough market condition, Accendo’s growth indicates demand for strategic talent solutions that address real business needs
Press release: Kuala Lumpur, Jun 30, 2020: Accendo Technologies, a leading provider of cloud-based strategic talent management solutions, announced that it ended the first half of the year on a high with the addition of 8 new marque enterprise customers, along with renewals and expanded contracts with key existing strategic accounts. The growth comes despite tough market conditions and reduced business activity driven by the COVID crisis. This indicates the continued need for strategic talent management solutions that address real business needs, enabling the right talent decisions.
While organizations have had to spend a majority of their time dealing with the crisis, they have had a difficult time balancing short term needs and long term priorities. In such situations, taking talent decisions based on objective data has become even more crucial than ever, as organizations scrutinize every explicit and implicit cost along the long term and short term implications of these decisions.
Speaking about the increased market interest for Accendo’s solution, Sharma Lachu CEO & Founder, Accendo Technologies, said that “We are deeply thankful to our customers for placing their trust in us for the most critical talent decisions they have to take. Our partnerhip approach and innovative solutions helps our customers align talent with business, and optimize resources based on business needs. In situations like these, where there is a dire need for agility yet deep reasoning, objectivity and transparency, our solutions are unmatched in helping organizations visualize talent through multiple lenses, and analyse decisions against their potential outcomes.”
Accendo was recently inducted into the prestigious GAIN program run by MDEC, the Malaysian Digital Economy Corporation. The program has been designed to catalyse the expansion of Malaysian and Malaysia-based technology companies that have the potential to become global players, ultimately building more Malaysian global tech icons.
Accendo helps organizations revolutionize how to attract, assess, align, develop and retain top talent, both inside and outside the company. The company’s cloud platform enables organizations to run entire talent journeys that includes conducting assessments, obtaining meaningful insights for strategic decision support, and crafting learning journeys and career paths for individual employees. Accendo is reimagining how talent assessments are used through an impactful combination of data science, intelligent analytics, process efficiency and user experience. Headquartered in Kuala Lumpur, Malaysia, the company services leading corporates across a wide cross-section of industries, with needs for succession planning, graduate hiring programs, Hi-Po identification, promotions, recruitment and talent optimization.
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