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SAN MATEO, Calif.--(BUSINESS WIRE)--Jan. 28, 2008--SuccessFactors, Inc. (Nasdaq:SFSF), the global leader in on-demand performance and talent management solutions, announced that the latest release of its Performance and Talent Management Suite, ULTRA, has been well received from customers and industry analysts. Available for new and existing customers, this major new product release is designed to help companies achieve high-performing workforces by enabling initiatives around goal alignment and execution, talent development and planning, and pay-for-performance.
ULTRA spans the company's entire integrated suite of performance and talent management software, which includes Performance Management, Goal Management, Succession Management, Compensation Management, Learning and Development, 360 Degree Reviews, Recruiting Management, Employee Profile, and Analytics and Reporting application modules.
Commentary on SuccessFactors' ULTRA release:
"SuccessFactors offers one of the most comprehensive and well-adopted talent management suites on the market today," said Leighanne Levensaler, principal analyst for Bersin & Associates, a research and advisory firm focused on enterprise learning and talent management. "With the ULTRA release, SuccessFactors continues to harness the latest innovations to drive adoption of its applications. The enhanced Employee Directory functionality in ULTRA promotes enhanced collaboration, increased productivity and enables the SuccessFactors solution to serve as the system of record for all employee information."
Jason Corsello, vice president of the Center of Excellence at Knowledge Infusion, a leading human capital management consulting firm, said, "Based on recent Knowledge Infusion research, usability has emerged as the most important factor when selecting a talent management suite. SuccessFactors' ULTRA release continues its focus towards a more intuitive, unified user experience."
Lisa Rowan, IDC's program director for HR and Talent Management Services research, said, "SuccessFactors has always been recognized with its innovative approach to performance and talent management, and with ULTRA, the company continues to deliver. Its Employee Profile directory feature-set has broad appeal with capabilities that both look great and deliver value. This is a terrific release."
Mindy Blodgett, research analyst at Yankee Group, says that ULTRA "has an intuitive interface and looks relatively easy to use for all levels of employees. This is key because companies need better access to relevant employee information and they're looking for ways to integrate Web 2.0 technologies into improving talent-related processes."
Ranked number 543 on Fortune magazine's 2007 "Fortune 1000" list and a SuccessFactors' customer for over three years, Insight Enterprises, Inc. is a leading provider of a broad range of top name-brand IT computing products, software and advanced IT services, helping companies around the world enable, manage and secure their IT environment. Gary Glandon, chief people officer, said, "ULTRA is a huge leap forward for SuccessFactors, and we are very excited to roll it out to our teammates. The new home page design will enable our teammates to see, at a glance, exactly the tasks they are responsible for, with direct links into the application to complete them. SuccessFactors is a key part in enabling Insight to achieve solid business results by promoting a culture of high performance."
SuccessFactors has scheduled a webinar for enterprises to learn more about the new release, scheduled for February 14, 2008. For more information or to register for the webinar, visit: www.successfactors.com/webinars. Current customers are encouraged to visit the SuccessFactors Customer Community for information on how to take advantage of the new ULTRA release.
The SuccessFactors Performance and Talent Management Suite creates a company-wide network of information related to employee performance, including skill-sets, interests, career aspirations, ability to relocate, experience, languages spoken and more. 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.
About SuccessFactors, Inc.
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 1,400 customers across over 60 industries, with more than 2 million end users in over 150 countries using the application in 18 languages. The company currently employs more than 700 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, Volkswagen of North America, Lancaster General Hospital, and McDermott International, Inc. Founded in 2001, SuccessFactors has multiple offices worldwide collaborating for strong local support and measurable success of customers.
CONTACT: SuccessFactors
Dominic Paschel, 650-645-4474 (Investor Relations)
dpaschel@successfactors.com
or
LaunchSquad
Jesse Odell, 415-625-8555 (Public Relations)
successfactors@launchsquad.com
SOURCE: SuccessFactors, Inc.