Answer:
Various management efforts are employed by Human Resources manager in an organization to ensure talent are used effectively and efficiently. These efforts are made by HR's to achieve the long term objectives of an organization. The key premise of talent management is acquiring, hiring and retaining talented employees.
Now, broad range of talent management efforts that use software applications are team execution, business alignment (align individual goals with corporate strategy), measuring people performance and then create a pay for performance culture. Managers and the HR team use software applications to gain meaningful access to all the data that is required to reward individual employees for their actual performance. The use of software applications in the areas and domains mentioned above serves as an analytical and diagnostic tool.
There are many firms that use these software applications. Companies like Patheon Pharmaceuticals in North America and Faurecia in Europe are two such companies who use SAP's software applications to augment their talent management efforts.