SHANGHAI, Oct. 26 /PRNewswire/ -- Today, SuccessFactors, Inc. (Nasdaq: SFSF) announced the opening of its new location in Shanghai, China, to accommodate its growing number of engineering and product management staff.
The SuccessFactors Shanghai team was established in January 2009. Eighteen months later, the team is relocating to larger premises to house over 120 engineering and product management staff, with more positions expected to be filled. This growing team has quickly ramped up to take ownership of a number of key product enhancements as well as development of new products. The Shanghai team plays an integral role in SuccessFactors' future product development roadmap.
"I'm proud to lead this very dedicated and innovative engineering team that is still rapidly growing," said Hong Yuan, vice president of Engineering, SuccessFactors, based in Shanghai. "It is exciting to see management's broad vision of the global build-out of the organization, and our Shanghai team's key role in it. We've built a world-class engineering team in Shanghai, which is passionate about new technology and product development. The team here is thrilled to see the impact we make to real businesses every day."
"China is a critical and developing region for the long-term cloud computing space, and SuccessFactors is leading the innovation in Greater China," said Lars Dalgaard, founder and CEO, SuccessFactors. "With offices in Beijing, Shanghai and Hong Kong, SuccessFactors has long demonstrated its commitment to the Greater China Region and is now increasing its footprint of cloud computing development and delivering the BizX Suite to the Asia Pacific region."
"Since opening up business in Asia Pacific and Japan in early 2006, SuccessFactors has had unprecedented success within the Asia Pacific and Japanese markets, two key regions within our global BizX strategy," said Murray Sargant, vice president of Asia Pacific and Japan, SuccessFactors. "We're extending our reach throughout these markets, and delivering on our promise to achieve the number one business imperative: improving how companies execute."
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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Dominic Paschel, 415-262-4641
Director of Public & Investor Relations
Adele Bernard 02 9238 6680
Senior APAC and Japan Marketing Manager
"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.
SOURCE SuccessFactors, Inc.