SuccessFactors 'Sweeps' Leader Position in 10 out of 10 HCM Analyst Reports Customers and Partners Celebrate Unprecedented Industry Recognition
SOUTH SAN FRANCISCO, Calif., April 9, 2013 /PRNewswire/ -- SuccessFactors, an SAP AG (NYSE: SAP) company and the global leader in business execution (BizX) software, today announced it is the first company in the human capital management (HCM) industry to be positioned as a leader in 10 industry analyst reports within the past year. Recognition was garnered based on the company's comprehensive offerings across the full HCM landscape. SuccessFactors uniquely brings together complete, core HR processes, strategic talent management solutions and innovative workforce analytics to drive better execution according to many reports that cited the company as a leader. SuccessFactors' BizX suite's innovation, speed and agility, bolstered by SAP's experience in HCM enterprise resource planning, uniquely positions the company as a global competitive force, offering customers an end-to-end cloud, on-premise or hybrid HCM solution to fit their business needs and help them execute better.
"We have selected SuccessFactors based on the completeness of their vision, blueprint for future module enhancement and ability to execute on their capability," said Robert Mellwig, SPHR senior vice president, Human Resources Lowe Enterprises, Destination Hotels & Resorts. "Congratulations to the team at SuccessFactors on this recognition across the ten analyst reports."
The analyst reports where SuccessFactors achieved a Leader position include:
- All six IDC Talent Management MarketScape Reports for 2012
- 2012 Ventana Research Total Compensation Management Value Index
- 2012 Nucleus Research HCM Value Matrix
- Forrester Research, Inc.'s The Forrester Wave™: Talent Management Q1 2013
- A highly-regarded analyst firm's 2013 report on Talent Management Suites (TMS)
SuccessFactors believes this leadership "Sweep" validates it as the 'de facto standard' for HCM solutions– providing core HR, talent management (including learning, recruiting, performance and goals, compensation, and succession and development planning), and workforce planning. In addition to providing an elegant, yet powerful user experience, SuccessFactors HCM solutions incorporate and leverage unique social/ collaboration capabilities (powered by SAP Jam), unparalleled Workforce Analytics, and highly engaging mobile capabilities with BizX Mobile.
"Being recognized by top-tier analysts that we offer the most global and comprehensive cloud HCM solutions is really an honor," said Shawn Price, president of People & Money, SAP Cloud. "With HR transformation among the top priorities of CEOs and business leaders today, this recognition helps validate the connection between talent management and business results."
Market-Leading Solutions Help Customers Optimize Business Execution
As a market leader, SuccessFactors helps ensure that customer results are nothing short of spectacular in terms of cost savings, productivity increases and operational insight.
"SuccessFactors has allowed our HR and business managers to collaborate in meaningful conversations supported by business insight," said Anne Cool, director, HR Systems, ShawCor. "The integrated global system is intuitive, making our organization smarter, more efficient and providing us with what we need today – and for the future. Congratulations to SuccessFactors!"
Proven Capabilities Boost Value for Partners
Market recognition benefits SuccessFactors' partners looking to develop, market, sell and deliver the most comprehensive suite of Business Execution Software solutions available today.
"As a Consulting Partner, we're pleased that industry recognition reflects SuccessFactors' customer value and validates its ability to support new ways of working with leading-edge HCM applications," said Kellie Fitzpatrick, CEO of Symphony Management Consulting. "The integrated workforce framework, speed of implementation and cost savings associated with the SuccessFactors BizX suite enables us to provide companies with the best HCM offerings."
For more information on the leadership positions in recent analyst reports, visit: http://www.successfactors.com/en_us/lp/hcm-analyst-reports.html
For more information on the SuccessFactors BizX suite, visit: http://www.successfactors.com/business- execution-software/
SuccessFactors is the leading provider of cloud-based Business Execution Software, and delivers business alignment, team execution, people performance, and learning management solutions to organizations of all sizes across more than 60 industries. With approximately 20 million subscription seats globally, we strive to delight our customers by delivering innovative solutions, content and analytics, process expertise and best practices insights from serving our broad and diverse customer base. Today, we have more than 3,600 customers in more than 168 countries using our application suite in 35 languages.
About the IDC MarketScape
About IDC MarketScape: IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of IT, telecommunications, or industry-specific suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT, telecommunications, or industry-specific vendors can be meaningfully compared. The framework also provides technology buyers with a transparent foundation to allow companies to independently compare the strengths and weaknesses of current and prospective vendors.
About the Ventana Research Value Index
The Value Index is the result of more than a decade of analysis of technology suppliers and their products and how well they satisfy specific business and IT needs. The methodology used to produce the Value Index evaluates in detail aspects of product functionality and suitability-to-task as well as the effectiveness of vendor support for the buying process and customer assurance. The Ventana Research Value Index is an impartial and authoritative evaluation and does not endorse any vendor technology.
About the Nucleus Research Value Matrix
The Nucleus Research Value Matrix is based on functionality and usability, the two core measures that Nucleus has found indicate an application's ability to deliver initial ROI and, ultimately, maximum value over time. This approach matches the user buying process of comparing the features and usability among the vendors under consideration against the cost of the solution. The Value Matrix is a relative ranking against competitors rather than an absolute ranking, which highlights vendors whose solutions remain dynamic.
SOURCE SuccessFactors, an SAP Company