Subscribe to the Press Releases RSS feed.More than 285 Customers Using Three or More SuccessFactors Modules to Drive High-Impact Performance & Talent Management
NEW YORK - June 6, 2007 - SuccessFactors, the global leader in on-demand performance
and talent management solutions, today announced broad-based, same-customer
adoption of the company's suite of integrated on-demand Human Capital Management
application modules. More than 285 SuccessFactors customers are using three
or more of the integrated set of modules, which enable organizations to align,
develop, motivate, and maintain a high-performance workforce, to strategically
manage their human capital. Multi-adoption customers are deriving substantial
benefit from their individual initiatives, such as performance, compensation
and succession management, while maximizing the value of multiple, integrated
information sources to increase corporate visibility and drive real-time, informed
business decisions.
In addition to the 285 customers referenced above, more than 600 SuccessFactors
customers have adopted at least two modules, with 126 customers using four or
more modules and close to 50 customers already utilizing five or more modules.
"More and more companies are making the move toward using an integrated suite
of performance and talent management tools to help them manage their workforce,"
said Jason Corsello, vice president, The Center of Excellence, Knowledge Infusion.
"By taking a broad approach to human capital management that encapsulates all
aspects of strategic human resources planning, companies are getting more business
benefits out of just a single piece of software."
Most companies view human capital management elements - such as performance
management, compensation planning, goal planning, succession planning and more
- as disparate initiatives, existing in their own silos and generally approach
each initiative separately. Companies are finding, however that employee development
and training initiatives are more effective when tied to a competency-based
performance review process, which, in turn, drive decisions around compensation
and succession planning. When anchored to a clear, organization-wide goal alignment
process, performance reviews become more meaningful, more useful and a centerpiece
of a company's business strategy.
"We have always developed the SuccessFactors application suite with the explicit
goal of helping every single one of our customers optimize their business,"
said SuccessFactors' CEO Lars Dalgaard. "Part of that is making sure our customers
can use and pay for only what they need, when they need it, while making it
easy to build out their systems as they grow and can manage more complex needs.
The fact that so many of our customers are effectively rolling out multiple
modules not only further sets us from our competition but also showcases the
value in an integrated solution and the real business benefits that a comprehensive
approach to talent management can mean to organizations."
About SuccessFactors
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 realize their employees' potential and thus
drive business results. Its hosted service is organically built from the ground
up - providing a fully integrated, modular suite of performance and talent management
applications that provide customers with immediate process benefits and tangible
return on investment. Fueled by customer success, SuccessFactors currently has
more than 1,300 customers with more than 2 million users in 156 countries and
across 60 industries using the application in 18 languages. The company currently
employs more than 500 people worldwide, all passionately focused on delighting
customers through prompt and effective execution and constant improvement driven
by customer feedback. SuccessFactors' customers include Kimberly-Clark Corporation,
MasterCard Worldwide, Textron, Sutter Healthcare, Direct Energy, Quintiles Transnational,
Volkswagen of North America, Lancaster General Hospital, and Salesforce.com.
Founded in 2001, SuccessFactors has multiple offices worldwide collaborating
for strong local support of customers.