London, UK – 6 September 2011 - SuccessFactors, Inc. (NYSE: SFSF), the global leader in business execution software, today announced that European telecommunications and managed services specialist, Colt Group S.A., has deployed SuccessFactors Recruiting Management to help support the company’s ongoing expansion. The software replaces 15 different recruitment processes with a single, consistent standard worldwide.
Colt is Europe’s information delivery platform, enabling its customers to share, process and store their vital business information. Colt provides major organisations, midsize businesses and wholesale customers with a powerful resource that combines network and IT infrastructure with expertise in IT managed services, networking and communication solutions.
As a rapidly growing business Colt operates across 13 countries, including India where competition for telecommunications and IT managed services skills is high. Colt’s new operating model required a new approach to the recruiting process. The company needed a single pan European/Asia solution that would reduce the cost of recruitment, improve efficiencies, consolidate the company’s 15 existing recruitment systems into a single platform, and drive better quality hires. Recruiting fresh external talent with the necessary skills aligned with Colt’s recent transformation and Cloud strategy were key to accelerating its growth. SuccessFactors Recruiting Management will also enable the company to examine bench strength, review and easily update position requirements, analyse employees' skill sets to forecast readiness for promotion and find potential internal and external successors for vacant positions.
“People are crucial to delivering our strategic vision of becoming the most trusted provider of converged data, voice and managed services to businesses across Europe,” said Paul Musson, Executive Vice President Human Resources at Colt. “Customer service and experience is a critical differentiator. SuccessFactors Recruiting Management is giving us a powerful platform for identifying and recruiting talent to support our strategic goals and ultimately help to fuel the growth of the business.”
Colt has already widely deployed other modules from SuccessFactors’ Business Execution suite, including Goal and Performance Management, Compensation Management, Calibration Management, Employee Live Profile, as well as 360 Management.
Colt is Europe’s information delivery platform, enabling its customers to share, process and store their vital business information. Colt provides major organisations, midsize businesses and wholesale customers with a powerful resource that combines network and IT infrastructure with expertise in IT managed services, networking and communication solutions. Colt operates a 21-country, 33,000km network that includes metropolitan area networks in 38 major European cities with direct fibre connections into 17,000 buildings and 19 Colt data centres. The company delivers award winning customer service to create a single end-to-end customer resource. Colt is the only company that can do this on a truly pan-European basis. Whether working directly with customers or alongside partners, Colt is recognised for its ability to make a real difference by helping businesses to reduce capital costs, and increase flexibility and control. www.colt.net
SuccessFactors is the leading provider of cloud-based Business Execution Software, which delivers business alignment, team execution, people performance, and learning management solutions to organizations of all sizes across more than 60 industries. With approximately 15 million subscription seats globally, we strive to delight our customers by delivering innovative solutions, content and analytics, process expertise and best practices insights from serving our broad and diverse customer base. Today, we have more than 3,500 customers in more than 168 countries using our application suite in 34 languages
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Vanessa Land Devonshire Marketing Tel: +44 (0)870 242 7469 Email: firstname.lastname@example.org
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are SuccessFactors' current expectations and beliefs.
Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements include: our ability to retain customers and to experience high customer renewal rates; whether customers renew their agreements for additional modules or users; pricing pressures; the uncertain impact of the overall global economic conditions, including on customers, prospective customers and partners, renewal rates and length of sales cycles; the fact that the business execution market is at an early stage of development, and may not develop as rapidly as we anticipate; risks related to the integration of the acquisition, including retaining customers and employees and managing geographically-dispersed operations; our ability to have on premises customers convert to a hosted model; competitive factors; outages or security breaches; our ability to develop, and market acceptance of, new services; the impact of any discovered product defects or outages; our ability to continue to sell our services outside the HR area; our ability to manage our growth; our ability to successfully expand our sales force and its effectiveness; whether our resellers and other partners will be successful in marketing our products; liabilities assumed as a result of the acquisition; our ability to continue to manage expenses; the impact of unforeseen expenses, including as a result of integrating acquisitions; and general economic conditions worldwide. If any such risks or uncertainties materialize or if any of the assumptions proves incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make.
Further information on these and other factors that could affect these forward-looking statements is included in the section entitled "Risk Factors" in our Annual Report on Form 10-K and in our most recent report on Form 10-Q and in other filings we make with the Securities and Exchange Commission from time to time.
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