OSLO, Norway, Nov. 4, 2010 /PRNewswire-FirstCall/ -- Today, Edvantage group, a leading e-learning company, and SuccessFactors, announced that they have entered into a relationship to serve clients in Europe. Edvantage group and SuccessFactors will help customers drive business execution by encouraging businesses to align around their strategies and improve people performance using a suite of on-demand products and learning content.
Edvantage group joins the SuccessFactors Partner Program as a SuccessSales partner to resell SuccessFactors complete portfolio of Business Execution (BizX) Software. In addition, the two companies will co-market Edvantage group's Software-as-a-Service (SaaS) Learning Management System (LMS), Learning Gateway, with integrated on-demand content in Europe.
"SuccessFactors is recognized as one of the global leaders in SaaS with over 3,000 customers in 185 countries," said Thomas Berglund, CEO Edvantage group. "We are pleased to be able to bring their technology and expertise to the European market. Several of our clients are looking to achieve greater results and drive business execution by using technology to enhance not only learning and skills development, but all the strategic HR functions. With this partnership, our clients can better align employees to strategy, motivate them for success and enable them to realize their potential."
"With over 300 clients, Edvantage group has a strong European presence and proven track record with deep insight into integrating learning into different types of organizational cultures," said Steve Bridge, vice president, Alliances, SuccessFactors. "Through this partnership, both Edvantage group clients and new joint customers in EMEA will greatly benefit from a combined offering of the leading on-demand business execution and e-learning software."
SuccessFactors BizX Suite in combination with Edvantage's Learning Gateway can enable organizations of all sizes to better manage:
- Goal Management
- Career & Development Planning
- Competency Management
- Performance Management
- 360/Multi-Rater Feedback
- Compensation Planning
- Learning & Development
- Talent & Succession Planning
- Business Analytics & Reporting
With Learning Gateway from Edvantage, clients are able to seamlessly access over 15,000 courses, simulations, videos, virtual labs and podcasts. Berglund explains, "In addition to leading technology, we also want to provide the best offering of customized and off-the-shelf learning content to support formal, informal and social learning. Put learning resources directly into the hands of the employees and they will rise to challenges and seize opportunities."
About SuccessFactors, Inc.
SuccessFactors is a global leader in Business Execution Software. The SuccessFactors Business Execution (BizX) Suite, which is delivered through the cloud, improves business alignment, team execution and people performance to drive results for companies of all sizes. Across 168 countries and 34 languages, more than 8 million users and 3,000 companies leverage SuccessFactors every day, up from approximately 300,000 users and 100 companies in 2003. BizX bridges the gap between strategy and success by allowing every person in an organization to execute against their goals better and faster. SuccessFactors' recent acquisitions of YouCalc, Inform and CubeTree supplement SuccessFactors' core BizX strategy with solutions that align with SuccessFactors' mission of helping companies get work done by delivering robust business insights and improved collaboration. To learn more, visit: www.successfactors.com.
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"Safe harbor" statement under the Private Securities Litigation Reform Act of 1995:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are SuccessFactors' current expectations and beliefs. These forward-looking statements include statements about product strategy and performance, customer usage, expected benefits and implementation. Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements include: unexpected delays in implementation; unexpected bugs or defects; outages or security breaches; user acceptance levels of the application; or our ability to manage our growth. If any such risks or uncertainties materialize or if any of the assumptions proves incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make.
Further information on these and other factors that could affect these forward-looking statements is included in the section entitled "Risk Factors" in our Annual Report on Form 10-K and in our most recent report on Form 10-Q and in other filings we make with the Securities and Exchange Commission from time to time.
These documents are or will be available in the SEC Filings section of the Investor Relations section of our website at www.successfactors.com/investor. Information on our website is not part of this release.
About Edvantage group
Edvantage group is a Managed Learning Service company providing a single-source for corporate learning solutions. The company combines industry expertise, learning systems and software, content and customized services, to help clients develop employee skills, and improve performance. Edvantage group serves local, multinational and global organizations from offices throughout the Nordic countries, Benelux and the UK. For more information, please visit www.edvantagegroup.com.
Contact: |
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Dominic Paschel, 415-262-4641 |
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Director of Global Public & Investor Relations |
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SOURCE SuccessFactors
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