profile updated Apr 15, 2008, 5:07 PM
It has a product configuration and price for companies ranging from the very small to companies with tens of thousands of workers in offices around the world. It also has a a much more limited Manager's Edition for companies that don't need or want a company-wide suite of programs. A real global firm, SuccessFactors offers its workforce tools in a variety of languages.
Research firm Bersin & Associates announced in January 2008 that SuccessFactors was one of the top three vendors in the field. A principal analyst for Bersin, Leighanne Levansaler wrote, "SuccessFactors continues to be a leader in performance and talent management suite offerings," an opinion that is borne out by the company's annual growth rate of over 100%.
SuccessFactors was built using $45 million in venture captial funds (Canaan Partners, Cardinal Venture Capital, Emergence Capital, others) and went public in 2007. Customers include Kimberly-Clark Corporation, MasterCard Worldwide, Textron, Sutter Healthcare, Direct Energy, Volkswagen of North America, Lancaster General Hospital, and McDermott International, Inc. The firm has more than two dozen offices worldwide.
News & Updates 
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SuccessFactors Selected By Exclusive Hotel Group (BusinessWire)
The Lancaster Landmark Hotel Group, which specializes four- and five-star hotels, has selected SuccessFactors' Performance and Talent Management Suite. Initially deploying modules to manage performance and succession practices, the company will be using SuccessFactors to facilitate collaboration, provide better insight into internal talent, training and career planning, as well as align employee performance with business objectives. The company will deploy SuccessFactors to 750 employees across its three London properties later this year. Aug 19, 2008, 11:48 AM -
SuccessFactors Growing Fast Globally (BusinessWire)
SuccessFactors, Inc. , provider of on-demand performance and talent management solutions, says its growing fast in Europe, the Middle East, and Africa. Through the first half of 2008, the company reports a 287 percent revenue growth from those parts of the world collectively. Aug 14, 2008, 11:40 AM -
Small IT Firm Picks SuccessFactors (BusinessWire)
OakTree Enterprise Solutions, Inc., a Reston, Va. IT firm has selected SuccessFactors Professional Edition and has implemented its performance management, goal management and 360-degree review modules for 16 employees, with plans to add its 64 other employees over time. Aug 13, 2008, 9:49 AM -
SucessFactors Gains Ground in Healthcare Industry (BusinessWire)
A day before Wall Street expects SuccessFactors, Inc. to announce a money-losing quarter, the company issued a press release announcing "continued success in customer acquisition in the patient care industry."
Perhaps hoping to blunt the bad news (which might not quite so bad, since the company has now twice surprised analysts by doing less poorly than expected), the company said it "added 25 healthcare entities which represented 45 hospitals in 2007, and is rapidly extending its customer adoption in 2008."
Aug 5, 2008, 11:35 AM -
AstraHR To Offer SuccessFactors Talent Management Products (PRWeb)
Astra HR has partnered with SuccessFactors to add an automated performance and talent management offering to its current suite of human resource solutions. Jul 24, 2008, 12:14 PM -
Performance Management Suite Released For COmpanies Up to 500 Employees (BusinessWire)
SuccessFactors, Inc. released today a new version of its performance management suite for small businesses. SuccessFactors Professional Edition ULTRA with Self-Service Administration is an on-demand suite of tools for managing performance, goals, compensation and 360 talent development.
The company is hosting a webinar on July 24th for businesses to learn more about the new release. For more information or to register for the webinar, visit: http://www.successfactors.com/webinars/.
Jul 21, 2008, 11:40 AM -
Advanticom Adopts SuccessFactors’ Professional Edition for Small Businesses (BusinessWire)
SuccessFactors, Inc. (NASDAQ:SFSF), an on-demand performance and talent management solutions, reported that Advanticom, Inc. has selected its Professional Edition offering for small and midsize businesses. Jul 3, 2008, 10:19 AM -
Videogame Developer Adopts SucessFactors' Talent Management Solution (BusinessWire)
SuccessFactors, Inc. (NASDAQ:SFSF) announced that Insomniac Games is implementing SuccessPractices, SuccessFactors’ midmarket solution, to automate a host of people performance processes, facilitate feedback with employees, and drive business results through an engaged and motivated workforce. The system will soon be live for all 160 employees.
Jul 1, 2008, 12:04 PM -
Detroit Energy Company Rolls Out SuccessFactors Software (BusinessWire)
DTE Energy Resources, a subsidiary of DTE Energy (NYSE:DTE), rolled out SuccessFactors to manage its recruiting and compensation processes and goal setting and performance management for 455 employees.
Jun 30, 2008, 11:27 AM -
SuccessFactors and HR Solutions Announce Alliance (BusinessWire)
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Products & Services
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SuccessFactors Performance Management Software
A broad, integrated collection of performance and talent management software, in editions geared toward small, medium or enterprise companies. There are components for recruiting management, goal management, succession management, compensation planning, learning and development, and analytics and reporting applications. The solution creates a company-wide network of information related to employee performance, including skill sets, interests, career aspirations, ability to relocate, experience, languages spoken etc. The product differs, depending on the company size. Small companies start with goal, performance and compensation management, plus analytical and reporting tools. For mid-sized businesses succession management is added to the core offerings. For both, there are additional components including learning and worker development tools. Large enterprises get the whole package in a product branded as SuccessFactors Performance & Talent Management Suite. -
SuccessFactors Manager's Edition
An inexpensive on-line tool to help managers write more effective performance appraisals.