San Mateo, Calif. – June 4, 2008 - SuccessFactors, Inc. (NASDAQ: SFSF), the global leader in on-demand performance and talent management solutions, today announced at the company’s global user conference, SuccessConnect, a comprehensive alliance with global business services provider IBM to market, resell and implement SuccessFactors’ complete product suite. The alliance is aimed at addressing the unique human capital management requirements of very large enterprises.
The performance and talent management market is thriving, as global companies are looking for new and better ways to engage and develop their global workforce, aligning them closer to high-level business objectives. IBM Global Business Services, Human Capital Management consulting team, led by Tim Ringo, is engaging with executives of large companies looking to align their employees’ performance with overall company goals, under the belief that those companies that have made investments in people performance solutions are seeing immediate value and increased productivity and stronger revenue growth.
“SuccessFactors and IBM share a vision for driving productivity by aligning performance with strategic goals, so we’re pleased that IBM decided to resell our products,” said Lars Dalgaard, chief executive officer for SuccessFactors. “Working with IBM, SuccessFactors looks forward to delivering the industry’s best suite of people performance solutions to a global audience. We believe IBM’s relationships, reach, and experience with large companies will make this combination successful.”
SuccessFactors expects that the demonstrated performance and scalability of the SuccessFactors suite when combined with the Human Capital Management consulting and global implementation excellence of IBM Global Business Services offers an integrated approach to drive innovation, alignment and enhanced performance for enterprises of all industries.
Large enterprise customers have reaped substantial benefits from deploying SuccessFactors applications. Typically, these larger companies are comprised of multiple divisions, multiple lines of businesses and new business units from mergers and acquisitions, and have thousands of employees around the globe with multiple languages and cultures – all of which can contribute to decreased productivity and inefficiency that hampers growth.
SuccessFactors has more than 1950 global customers, with deployments from single-digit users to more than 100,000. SuccessFactors' on-demand performance and talent management suite, which includes recruiting management, goal management, succession planning, learning and development, compensation planning, analytics and reporting applications, helps enterprises revolutionize their workforce. 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.
SuccessFactors is the leading provider of on-demand employee performance and talent management solutions that enable organizations of every size, across every industry and geography, to achieve high-performing workforces by enabling goal alignment and execution, talent development and planning, and pay-for-performance initiatives. SuccessFactors currently has more than 1,950 customers across more than 60 industries, with more than 3.7 million end users in over 185 countries using the application in 22 languages. Founded in 2001 with offices around the world, the company employs more than 700 people, all passionately focused on revolutionizing the future of work.
For more information, visit: http://www.successfactors.com.
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