Companies are more aware today of the importance of managing talent with the assistance of technology and the criticality of having a complete integrated solution including recruiting, talent management, succession planning, learning, and variable compensation. The human resource management (HRM) software market has changed dramatically in the past three years with multiple acquisitions by vendors seeking to offer a broader solution set across these talent processes. This document examines this market today, the key developments, and the future trends. This research updates Forrester's "Learning And Talent Management Join Forces" document from March 30, 2007.