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Industry-Leading, Software-as-a-Service Solution for Accelerating Performance and Talent Management Initiatives
ORLANDO, Fla.--([ BUSINESS WIRE ])--SuccessFactors, Inc. (NASDAQ: SFSF), a global leader in [ on-demand performance and talent management solutions ], today announced its presence at Lotusphere, demonstrating the business value of combining their industry-leading Performance and Talent Management Suite with the power of social software from IBM Lotus Connections and IBM WebSphere Portal. SuccessFactors will be exhibiting at Lotusphere booth #620.
SuccessFactors delivers solutions for global organizations of all sizes to bridge strategy and execution gaps, cultivate top talent, and optimize workforces. A leading provider in the SaaS market, SuccessFactors has more than 2,500 customers and well over 4 million users. Recent analyst research projects the [ employee performance management market ] to grow 35 percent a year, far out-pacing categories such as learning and recruiting management, and SuccessFactors is identified as a clear leader in performance management.
SuccessFactors + IBM = New Levels of Workforce Performance
In June 2008, SuccessFactors and IBM announced that IBM will market, resell and implement SuccessFactors' complete product suite. The partnership is aimed at addressing the specialized human capital management requirements of very large enterprises, and has already delivered results, including a win at a multi-billion consumer packaged goods company.
On the solution side, IBM selected SuccessFactors for [ its IBM Workforces and Talent Solutions offering ], which helps create measurable improvements in people and business productivity.
Using open standards, SuccessFactors will also increase the value and accessibility of their application by integrating it with IBM Lotus Connections and IBM WebSphere Portal. This will help businesses and employees to easily utilize existing skills and intellectual capital:
- Profiles in Lotus Connections display SuccessFactors talent information such as certifications and previous employers to highlight expertise, accelerate knowledge sharing, and promote virtual teaming;
- [ SuccessFactors' Employee Profile ] leverages Lotus Connection social tags to provide a insightful view of workforces, uniting performance ratings, compensation history and career aspirations into a richer, more complete view that helps you quickly identify the best employee for a project;
- Single sign-on access from Lotus Connections or WebSphere Portal to the SuccessFactors suite ensures employees are one click-away from their goals, performance review or development plan in SuccessFactors.
Rob Bernshteyn, vice president of product marketing and management, said, "Customers around the world have made significant investments in IBM and SuccessFactors, and are looking for ways to maximize the value of those expenditures. Working together we are paving the way for social networking across the enterprise for organizations to drive higher levels of employee performance through widespread knowledge sharing and more effective collaboration."
The [ SuccessFactors Performance and Talent Management Suite ], which includes Performance Management, Goal Management, 360 Degree Reviews, Succession Management, Compensation Management, Learning and Development, Recruiting Management, Employee Profile, and Analytics and Reporting applications, creates a company-wide network of information related to employee performance, including skill-sets, interests, career aspirations, ability to relocate, experience, languages spoken and more. By providing deep, real-time, company-wide visibility into such critical performance data, companies are able to make better, more informed decisions about how to promote, recruit, compensate, reward and manage their entire employee base.
About SuccessFactors, Inc.
SuccessFactors is one of the fastest growing public software companies and the leading provider of on-demand employee performance and talent management solutions. The company enables organizations of every size, and across every industry and geography, to achieve high-performing workforces through goal alignment and execution, talent development and planning, and pay-for-performance initiatives. From 92 customers and approximately 282,000 end users in 2003 to more than 2,360 customers and 4 million end users today, SuccessFactors' solutions are widely deployed across 60 industries in over 185 countries in 31 languages. Founded in 2001 with offices around the world, the company employs people passionately focused on revolutionizing the future of work. For more information, visit: [ http://www.successfactors.com ].
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