SYDNEY, Aug. 22, 2011 /PRNewswire/ -- SuccessFactors, Inc. (NYSE: SFSF), the global leader in business execution software, today announced plans to expand its existing data centre in Australia, to include the full platform suite of SuccessFactors solutions. This addition will require the company to significantly expand the data centre operations and result in the company hiring additional staff to run and manage this strategic infrastructure investment. The development of the data centre will cater to not only Australian domestic clients, both private and Government agencies but also to an ever-expanding base of more than 250 clients throughout Asia Pacific, the fastest growing region for SuccessFactors globally.
The data centre's residence in an economically stable country such as Australia uniquely positions SuccessFactors to support our ever-expanding base of Asia Pacific customers as well as U.S. and European customers that have a large number of employees based in Asia Pacific. In addition, with more than 33 Australian Government agencies and departments currently using SuccessFactors Workforce Analytics and Planning modules, the availability of the complete SuccessFactors platform will now be available on shore.
The expanded data centre will increase capacity to offer the complete suite of products to future and existing clients. The full SuccessFactors BizX suite, including Workforce Analytics and Planning, Goal Alignment, Performance Management, Employee Central, Recruiting Management and our latest offerings, SuccessFactors Learning and SuccessFactors Social Learning will all be delivered locally in the Australian cloud. SuccessFactors is very excited to announce this continued investment in Australia, a country that has consistently been one of the fastest growing markets.
Murray Sargant, SuccessFactors' vice president, APAC said, "Australia is an important market for cloud computing, and SuccessFactors is committed to continued leadership in this region. With a strong presence in Sydney, Melbourne, Canberra and Brisbane, SuccessFactors has demonstrated its continued commitment to Australia and the importance of this country as a cloud computing hub for the Asia Pacific region."
SuccessFactors is the leading provider of cloud-based Business Execution Software, which delivers business alignment, team execution, people performance, and learning management solutions to organizations of all sizes across more than 60 industries. With approximately 15 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 3,500 customers in more than 168 countries using our application suite in 34 languages.
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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 future growth prospects, financial results and benefits of acquisitions. Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements include: our ability to retain customers and to experience high customer renewal rates; whether customers renew their agreements for additional modules or users; pricing pressures; the uncertain impact of the overall global economic conditions, including on customers, prospective customers and partners, renewal rates and length of sales cycles; the fact that the business execution market is at an early stage of development, and may not develop as rapidly as we anticipate; risks related to the integration of the acquisitions, including retaining customers and employees, unforeseen liabilities and managing geographically-dispersed operations; competitive factors; outages or security breaches; our ability to develop, and market acceptance of, new services; the impact of any discovered product defects or outages; our ability to continue to sell our services outside the HR area; our ability to manage our growth; our ability to successfully expand our sales force and its effectiveness; whether our resellers and other partners will be successful in marketing our products; our ability to continue to manage expenses; and the impact of unforeseen expenses, including as a result of integrating acquisitions. If any such risks or uncertainties materialize or if any of the assumptions prove 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 other filings we make with the Securities and Exchange Commission from time to time.
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SOURCE SuccessFactors, Inc.