(PRWEB) October 20, 2005
SuccessFactors, Inc. continued to build on their status as the fastest-growing provider of talent management software with 150 new, sizeable customer wins in the first three quarters of this calendar year. In addition to record growth of over 170% year-over-year for 3 consecutive years, SuccessFactors also announced they are the only talent management provider that can claim over 25 individual customers with more than 20,000 employees.
SuccessFactors showcased the continued strength and validity of the software-as-a-service model for companies large and small, across any industry, with the signing of global powerhouses’ British Telecom, Maersk, New York Life Insurance, Salesforce.com, Tenet Healthcare, Orange, Xerox Corporation and Jollibee Foods; as well as significant regional players including California Pizza Kitchen and Option One Mortgage Company. These new customers propelled SuccessFactors past 800,000 subscribers-- more than double the number of on-demand subscribers of any other Software-as-a-Service vendor. With anticipated commitments from the company’s current customer base and continued Q4 growth, SuccessFactors is on track to surpass the one million active user milestone before year end.
“We absolutely love SuccessFactors,” said Liviu Dedes, Pep Boys’ Director of Training and Organizational Development. “It’s the first software we’ve ever seen that empowers associates to truly align their roles, responsibilities and rewards with the company’s goals and performance. The on-demand model not only got us up and running in weeks, but SuccessFactors continues to deliver new capabilities that we receive every month just for being a customer. You can’t beat it.”
SuccessFactors attributes the growing success to their relentless focus on delivering true value for existing customers. Unlike prior generations of enterprise software that was rarely implemented on time or on budget, SuccessFactors has created a talent management solution that is easily implemented, frequently used and of measurable value to customers. The metrics shown below represent a snapshot of the real usage, activity, power and results achieved by SuccessFactors’ customers:
- Active Users: More than 1 million total system log-ins in Q3 and 3.5 million log-ins year to date
- Business Alignment:
- In 2005, 1,226,467 objectives and goals created or modified, including 159,573 distinct objectives leveraging real goal alignment
- Several million reviews and talent assessments completed to date, and over almost 500,000 more in process 2005
- Tangible Business Progress: 371,552 completed, approved or finalized objectives YTD
- Global Capability: Breakthrough scalability for companies from 50 users to 153,000 users, with over 25 large-scale deployments in progress at customers with more than 20,000 employees, continuing to prove that software-as-a-service comfortably scales even beyond traditional enterprise software to meet global needs
“These metrics validate that subscribers are using the system, and that our customers – whether large multi-nationals or small businesses – are actively using SuccessFactors to align their talent with their business objectives,” said SuccessFactors founder and CEO Lars Dalgaard.
“Having the best technology and the most customers up and running on our 100% on-demand model makes it easy to scale SuccessFactors technology down to a very small 5-person company and up to a mega, 153,000-person company. This is something that the dinosaurs of enterprise software could never do.”
SuccessFactors’ Talent Management Suite delivers easy-to-use software to align, develop, motivate and maintain a company’s workforce for maximum productivity and performance. The suite includes fully integrated modules for goal management, performance reviews, 360-degree reviews, succession planning, compensation planning, development planning, competency management, employee surveys, and workforce analytics. The modular suite is highly scalable and delivered 100% on-demand to minimize infrastructure investment, accelerate updates and drive true global deployment.
As part of the company’s intense commitment to customer value, SuccessFactors delivers new customer enhancements every month, ensuring that customers get access to valuable innovations without costly fees or upgrade cycles. This commitment to fast innovation and quick time to value has resulted in a broad customer base across numerous vertical markets, including energy, health care, finance and pharmaceutical/biochemical. Recent customer additions to these vertical sectors include Westar Energy, Direct Energy, People’s Energy Corp., Cogentrix Energy, Saint Thomas Healthcare, Pascual Labs, HNI Corporation, Tenet Health System Medical Inc., MedImune Company, and Option One Mortgage Company Inc.
SuccessFactors is the pioneering provider of on-demand talent management software, which enables business leaders to align employee performance to true business results. Founded in 2001, the privately held company with core-development in San Mateo, California and has multiple worldwide offices throughout the US, Europe and the Asia Pacific, and has more partnerships with BPO vendors and content partners than anyone else. The applications are being used by more than 275 companies and 800,000 subscribers in 102 countries and 15 languages. 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.