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Saba Wins Bersin & Associates Learning Leaders Award for Vendor Innovation
REDWOOD SHORES, Calif.--([ BUSINESS WIRE ])--Saba Software, Inc. (NASDAQ: SABA), the premier people management software and services provider, today announced that it has won the Vendor Innovation award as part of Bersin & Associates 2008 Learning Leaders Program. Saba was recognized in the "Learning on Demand" segment — which was added in 2008 to encompass new social networking systems, content repositories, portals, collaborative games and learning on demand content.
As part of its Learning Leaders Program, Bersin & Associates, the only research and advisory firm solely focused on WhatWorks® in enterprise learning and talent management, recognizes solution providers whose customers have benefited from the latest technologies, content or approaches that make training more efficient and effective. Saba Knowledge Center, a part of the Saba Learning Suite, was recognized for its ability to deliver Web 2.0 collaboration, recommendation and power search features that take informal learning to the next level by enabling organizations to broadly capture and access institutional knowledge.
"We were impressed with the Saba Knowledge Center and its ability to extend existing learning processes to accelerate learning effectiveness across an organization," said Chris Howard, vice president of research, Bersin & Associates. "We received a record number of applications, and this latest innovation from Saba stood out by making it easy for organizations to capture, locate and share expertise to enhance organizational productivity."
As part of the Saba Learning Suite, the Saba Knowledge Center provides organizations with a single portal to search formal and informal learning assets, including courses of any delivery type, certifications, curricula, experts, communities of practice, websites, wikis and more. With robust collaboration capabilities, the Saba Knowledge Center allows employees to tap into experts throughout the organization as well as provides them with powerful recommendation capabilities that monitor learner activity to suggest personalized, relevant tools that engage learners and improve productivity. In addition, through integration with Saba Centra, users can instantly capture and publish information from Web meetings or training sessions to the Saba Knowledge Center to share across the organization.
"We are honored to be recognized for vendor innovation by a leading industry analyst firm like Bersin & Associates," said Bobby Yazdani, chairman and CEO for Saba. "Our customers represent the world's most respected enterprises, and by listening closely to their needs, we will continue to develop and deliver new capabilities that can accelerate high-quality knowledge exchange and information flow to advance learning, drive innovation and improve business performance."
About Bersin & Associates
Bersin & Associates is the only research and advisory firm focused solely on research in enterprise learning and talent management. The company's WhatWorks® research and research-based services are designed to deliver actionable and practical guidance and to improve operational effectiveness and business impact.
Bersin & Associates research members gain access to a comprehensive library of best practices, case studies, benchmarks, and in-depth market analyses designed to assist professionals in making fast and confident decisions. Research areas include planning and strategy, learning programs and delivery, talent management, technology and infrastructure, and measurement and analytics. Member benefits include strategic advisory services, briefings, forums, analyst interaction, and workshops.
Bersin & Associates is the host of the industry's only annual research conference on enterprise learning and talent management. [ IMPACT 2009: The Business of Talent®, ] will be held April 14-16, 2009, in St Petersburg, Florida.
For more information, go to [ www.bersin.com ] or call 561-455-0622, extension 223.
About Saba
Founded in 1997, Saba (NASDAQ: SABA) is the premier global provider of strategic human capital management (HCM) software and services. Saba's people management solutions are used by more than 1,300 organizations and over 17 million end users worldwide. Saba's solutions increase organizational performance by aligning workforce goals with organizational strategy; developing, managing and rewarding their people; and improving collaboration.
Saba product offerings address all aspects of strategic HCM and are available both on-premise and OnDemand ([ www.saba.com/products ]). To ensure long-term customer success, our global services capabilities and partnerships provide strategic consulting, comprehensive implementation services, and ongoing worldwide support.
Saba customers include Alcatel-Lucent; Bank of Tokyo-Mitsubishi UFJ; BMW; Caterpillar; CEMEX; Cisco Systems; Daimler; Dell; Deloitte Touche Tohmatsu; EDS, an HP company; EMC Corporation; FedEx Office; Insurance Australia Group; Kaiser Permanente; Lockheed Martin; Medtronic; National Australia Bank; Novartis; Petrobras; Procter & Gamble; Renault; Royal Bank of Scotland; Scotiabank; Singapore Ministry of Finance; Sprint; Standard Chartered Bank; Stanford University; Swedbank; Tata Consultancy Services; Wyndham International; Weyerhaeuser; Underwriters Laboratories; and the U.S. Army, U.S. Department of Health & Human Services, U.S. Department of Treasury/Internal Revenue Service, and U.S. Navy.
Headquartered in Redwood Shores, California, Saba has offices on five continents. For more information, please visit [ www.saba.com ] or call +1-877-SABA-101 or +1-650-779-2791.
Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws, including, without limitation, statements regarding Saba's ability to continue to develop and deliver new capabilities that can accelerate high-quality knowledge exchange and information flow to advance learning, drive innovation and improve business performance. Saba's actual results could differ materially from those expressed in any forward-looking statements. Risks and uncertainties Saba faces that could cause results to differ materially include risks associated with: Saba's dependence on growth of the markets for Saba's products, dependence on acceptance of Saba's products by customers and channel partners, fluctuation in customer spending, length of Saba's sales cycle, competition, rapid technological change, dependence on new product introductions and enhancements and potential software defects. Readers should also refer to the section entitled "Risk Factors" on pages 11 through 21 of Saba's Annual Report on Form 10-K for the fiscal year ended May 31, 2008 and similar disclosures in subsequent Saba periodic SEC reports. The forward-looking statements and risks stated in this press release are based on information available to Saba today. Saba assumes no obligation to update them.
SABA, the Saba logo, Centra and the marks relating to Saba products and services referenced herein are either trademarks or registered trademarks of Saba Software, Inc. or its affiliates. All other trademarks are the property of their respective owners.