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SuccessFactors Named an Industry Leader for Second Consecutive Year
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The IDC vendor assessment for the integrated talent management market, "IDC Marketscape: Worldwide Integrated Talent Management 2010 Vendor Analysis(1)," represents IDC's opinion on which vendors are well positioned today through current capabilities, and which are best positioned to gain market share over the next few years. In the Integrated Talent Management category, IDC positioned SuccessFactors in the "Leader" category, based on its capabilities, strategy, market share and growth. Named a market leader by IDC for two consecutive years, SuccessFactors' Business Execution (BizX) Suite rated higher this year in both overall strategy and overall capabilities than in last year's assessment.
In its analysis, IDC said SuccessFactors "has strong market presence and positioning, continuous innovation in the category and market momentum." IDC also cited SuccessFactors' Business Execution (BizX) Software, strategy and roadmap as a progressive move to go past traditional people performance and "tackle business performance" noting, "No doubt one of SuccessFactors' strengths is in comprehensive goal-setting and this appears to be a natural extension."
"Organizations are now looking beyond traditional talent management solutions for software that meets the complex challenges of employee collaboration, engagement and execution head-on," said Lisa Rowan, IDC's program director for HR, Learning and Talent Strategies. "While continuing to lead in People Performance, SuccessFactors continues to introduce innovative capabilities into its BizX Suite that get to the heart of how companies get stuff done."
"IDC's recognition of the extension of our market beyond talent management and into business execution is a great demonstration of SuccessFactors' innovative vision for the future of work," said David Karel, vice president of product marketing at SuccessFactors. "Talent is a company's biggest and most important investment, and IDC's validation of collaboration, engagement and execution as key facets in overall business performance demonstrates how fundamental BizX is to our customers' success."
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) 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 and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
About SuccessFactors, Inc.
SuccessFactors is the global leader in Business Execution Software. The SuccessFactors Business Execution Suite improves business alignment and people performance to drive breakthrough results for companies of all sizes. More than 5 million users and 2,800 companies leverage SuccessFactors every day. To learn more, visit: http://www.successfactors.com/.
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(1) IDC, IDC MarketScape: Worldwide Integrated Talent Management 2010 Vendor Analysis, Doc #221561, January 2010
Contact
SuccessFactors
Dominic Paschel, 415-262-4641
Director of Public & Investor Relations
dpaschel@successfactors.com
SOURCE SuccessFactors, Inc.
