SuccessFactors Business Execution Software to be Deployed to 18,000 Global Users
SAN MATEO, Calif., April 20, 2010 /PRNewswire via COMTEX/ --Today, SuccessFactors, Inc. (Nasdaq: SFSF) announced that it has signed its first joint customer, The McGraw-Hill Companies (NYSE: MHP), with Inform, the global leader in analytics and workforce planning.
Since SuccessFactors' announcement of intent to acquire Inform earlier this year, both companies have been working closely to deliver customers solutions that help with the most important imperative in business today: how companies execute. McGraw-Hill is the first joint customer and chose SuccessFactors' Business Execution (BizX) Suite to work strategically with Inform's workforce planning and business analytics solutions to execute against company objectives, improve companywide visibility and drive maximum business results.
With employees across 40 countries and 280 offices worldwide, McGraw-Hill will go live on nine different modules from the SuccessFactors BizX Suite, including Compensation Management, Employee Profile and Performance Management. In doing so, McGraw-Hill will replace its former point solutions with SuccessFactors' tightly-integrated suite of modules to lower maintenance costs while making data more actionable and improving visibility across the company. Further, Succession Management and learning and development will integrate data from the BizX platform to both identify and retain top employees at every level of the company, as well as improve career development processes within the McGraw-Hill organization, to cultivate talent for key positions in the future.
"With the cross-pollination of SuccessFactors' BizX Suite with Inform's robust analytics and workforce planning, we are able to bring significantly improved talent information to our line management - it's unlike anything else out there," said David Murphy, EVP Human Resources, The McGraw-Hill Companies. "SuccessFactors will allow our entire workforce to better execute against our corporate strategy on a day-to-day basis while fostering individual employee development within our company to build for the future."
On February 4, 2010, Inform and SuccessFactors, Inc., the global leader in Business Execution Software, announced that they had entered into a definitive agreement under which SuccessFactors will acquire Inform. The acquisition is expected to close in Q3 2010, subject to customary closing conditions. For more information please visit http://www.successfactors.com/inform/.
About The McGraw-Hill Companies:
Founded in 1888, The McGraw-Hill Companies is a global information services and education company providing knowledge, insights and analysis in the financial, education and business information sectors through leading brands including Standard & Poor's, McGraw-Hill Education, and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2009 were $5.95 billion. Additional information is available at http://www.mcgraw-hill.com/.
Inform Business Impact is the global leader in analytics and workforce planning. Over the 28 years since its founding in 1982, Inform's brilliant and highly experienced leadership team has crafted a rich set of analytics and workforce planning applications anchored by unique intellectual capital. Inform now serves more than 130 customers with their applications and strategic consulting, including 24 of the Fortune 500, such as Comcast, BHP Billiton, Nike, and many others. To learn more, visit http://informimpact.com/.
About SuccessFactors, Inc.
SuccessFactors is the global leader in Business Execution Software. The SuccessFactors Business Execution Suite improves business alignment and people performance to drive breakthrough results for companies of all sizes, anywhere in the world. More than 6 million users and 3,000 companies leverage SuccessFactors every day. To learn more, visit: http://www.successfactors.com/.
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