SuccessFactors Receives "Strong Positive" Rating in the Employee Performance Management Software Vendor MarketScope Report

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SuccessFactors, Inc., the market and Web business application leader in on-demand workforce performance management, today announced that it received a "Strong Positive" rating in the Gartner Employee Performance Management (EPM) Software Vendor MarketScope Report.1 Gartner maintains that vendors who receive a “strong positive” rating offer strategic products, services or solutions. Thereby, customers should continue investments and potential customers should consider this vendor a strong strategic choice.

The report, published by Gartner, Inc., a premier research and advisory firm, evaluated and rated 18 vendors in the Employee Performance Management (EPM) Software Vendor market based on seven key criteria:

•    Product/Service Capability

•    Affordability

•    Technology/Scalability

•    References

•    Viability

•    Market Momentum

•    Vision

“Employee performance management software helps gain a positive return on investment in human assets,” said James Holincheck, research director, Gartner Group. “SuccessFactors delivers its solution primarily through the ASP model. It scales from SMBs to large enterprises. SuccessFactors has strong references and has attracted a great deal of interest from Gartner clients.”

According to CEO and President Lars Dalgaard, “SuccessFactors considers the Strong Positive rating in Gartner’s Marketscope to be largely attributed to strong customer references, highly scalable, seamlessly integrated solutions for performance management, goal alignment, talent management/succession planning and compensation planning, combined with our commitment to customer productivity, market momentum and 100 percent annual growth.”

The Gartner Marketscope states that although EPM is not a new segment, the market for Web-based EPM solutions is and they have seen significant interest in this market from Gartner clients. To help companies effectively evaluate EPM software vendors, Gartner used the following comprehensive criteria:

•Product/Service Capability – Functional scope including goal & objective management, succession planning integration, compensation planning integration, competency management, and reporting/analytics

•Affordability – Overall costs including software, services and support relative to the functionality provided

•Technology/Scalability – Review of technical architectures and references for scalability

•References – Customer references for product, service and overall relationship with the vendor

•Viability – Revenue, growth, customers, employees and profitability

•Market Momentum – Revenue, growth, customer references and Gartner client inquiries

•Vision – Evaluated vision for EPM to determine fit for future market needs

SuccessFactors Workforce performance management suite helps companies create a dynamic, year-round performance-driven culture that ties employee performance to bottom line business results. It ensures visibility, accountability and business responsibility across the entire enterprise. The applications suite builds on a proven on-demand architecture where customers subscribe for the applications delivery and hence require no software, hardware, or other information technology infrastructure investments. It offers customers an incomparable breadth and depth of functionality, coupled with domain expertise and experience to deliver rapid, cost-effective and meaningful results to organizations worldwide.

Delivered in a Software-as-a-Service Model

SuccessFactors suite of applications incorporates key benefits delivered by its on-demand delivery model, including:

•Delivers low cost of ownership -- no hardware, software or upgrade costs due to ASP model

•Requires no dedicated IT staff for rollout and maintenance.

•Provides for immediate upgrades and maintenance.

•Optimized for 24/7 uptime and performance.

•Easily integrates with existing systems such as payroll.

•Hosted at IBM with security monitoring and vulnerability assessments

•Highly scalable and secure

•Built on an industry standard architecture.

•Offers ease-of-use though highly Intuitive user interface

About SuccessFactors:

With the highest renewal rate in the industry, SuccessFactors is the established global leader in providing on-demand, Web-based, integrated Workforce performance management solutions. SuccessFactors was founded in 2001 to deliver software and solutions that help companies implement effective Workforce performance management strategies that align employee performance with bottom-line business results. The company has approximately 500,000 users from more than 150 highly satisfied customers across all industry sectors, including Textron, Cooper Tire & Rubber Company, Mastercard, Informatica, MeadWestVaco, PG&E, Lancaster General Hospital, Samsung, Riggs Bank, Grant Thornton, Friendly’s Ice Cream and HP Hood. SuccessFactors is headquartered in San Mateo, CA. and has multiple worldwide offices. The applications are being used in 56 countries and in multiple languages.

SuccessFactors is a trademark of Success Acquisition Corporation, d.b.a SuccessFactors and may be registered in certain jurisdictions. All other product and company names mentioned are the property of their respective owners and are mentioned for identification purposes only.

For more information, visit http://www.successfactors.com or call 1-800-809-9920.

The complete Gartner EPM Software Vendor MarketScope can be found at http://mediaproducts.gartner.com/reprints/successfactors/121338.html

1 MarketScope: Employee Performance Management MarketScope, June 10, 2004, by J. Holincheck

The MarketScope is copyrighted 2004 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. The MarketScope is intended solely as a research tool. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose

For more information, visit http://www.successfactors.com or call 1-800-809-9920.

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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Curt Lockton
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