Subscribe to the Press Releases RSS feed.CEO Cites Direct Impact on their Business
SAN MATEO, Calif. - April 2, 2007 - SuccessFactors, the global leader in on-demand
performance and talent management solutions, has been adopted by Hyperion, the
global leader in Business Performance Management (BPM) software, to manage and
align employee and business performance.
Hyperion chose SuccessFactors' Performance and Talent Management Suite to track
and align goals and measure performance among its 3,000 employees worldwide,
ensuring that individual and department goals at all levels consistently drive
the organization towards attaining business objectives.
"The quality and precision with which we can set and drive goals for our employees
and our business in SuccessFactors is directly in line with the business value
we bring to the market," said Godfrey R. Sullivan, president and chief executive
officer of Hyperion. "Hyperion is focused on business performance, for our customers
and ourselves, and SuccessFactors has been a tremendous partner in helping us
bring those same strategies to our human capital management plan - effectively
managing our people for results."
Hyperion began using SuccessFactors' Performance Management, Goal Management,
Compensation and 360 Review modules nine months ago and is now planning to deploy
SuccessFactors' Succession Planning module as well.
"SuccessFactors has allowed management to significantly improve the focus, crispness
and relevance of goals, prioritizing what matters and giving visibility to the
whole company," said Fred McAmis, Hyperion senior director of human resources,
who is managing the rollout. "It gets everyone on one page and moving in the
same direction."
SuccessFactors' on-demand software automates a company's performance and talent
management processes, providing a series of modules that leverage performance
data to help companies align goals, manage pay for performance, succession,
learning and recruiting planning, develop competencies and provide insightful
analytics dashboards and reporting tools, all while promoting visibility, accountability
and results within an organization.
"It is critical for businesses to focus on goals for individuals, management,
and overall workforce performance and talent management, to deliver real business
results," said SuccessFactors CEO Lars Dalgaard. "Hyperion saw our commitment
to excellence in our sales people, in our services and support people and in
our products, which are enhanced every month."
About SuccessFactors
SuccessFactors delivers performance and talent excellence, on demand. The company's
software promotes visibility, accountability, and results, enabling organizations
to eliminate the politics that destroy motivation and impede performance. Fueled
by the industry's highest renewal rate, SuccessFactors has grown in the past
13 months from 346 customers to over 1,200 customers and from 1 million users
to over 2 million users in 156 countries, across 60 industries, and in 18 languages-all
while becoming easier to use. During that period, the company nearly doubled
its employee base, currently employing over 450 people, passionate about effective
human capital management. Carefully managed and executed internal growth has
allowed the company to provide the same caliber of absolute excellence in execution
for customers that catapulted SuccessFactors into the product, customer and
revenue leader in the performance and talent management space. Customers include
Kimberly-Clark Corporation, MasterCard Worldwide, T. Rowe Price, Textron, Sutter
Healthcare, Direct Energy, Arrow Electronics, Quintiles Transnational, Volkswagen
of North America, Lancaster General Hospital and Salesforce.com. The company
continues to execute at a level of global excellence by providing an industry-leading,
scalable and secure global hosting operation. Founded in 2001, SuccessFactors
has 15 worldwide offices collaborating for strong local support of customers.