SuccessFactors Announces First Integrated Solution with Inform --- SuccessFactors BizX Insights
Question-Driven Analysis Provides Immediate Business Insights to Accelerate Performance, Results
NEW YORK, May 10 /PRNewswire-FirstCall/ -- Today, at SuccessConnect 2010, SuccessFactors, Inc. (Nasdaq: SFSF) announced the first integrated solution with Inform, SuccessFactors BizX Insights.
Powered by Inform, and fully integrated with SuccessFactors' Business Execution (BizX) Suite, SuccessFactors BizX Insights enables C-Level executives and managers to answer critical questions about overall business performance to further accelerate results within an organization.
Since SuccessFactors' announcement of their intent to acquire Inform earlier this year, both companies have worked closely to deliver solutions that address the most important imperative in business today: how companies execute. BizX Insights is the first module that integrates Inform's question-driven analytics framework, metrics and industry benchmarks with SuccessFactors comprehensive BizX Suite to fully empower organizations to gain immediate business insights critical to their success.
SucessFactors BizX Insights is designed to leverage question-driven analysis and benchmarking data to bring clarity to everyday business operations and ensure maximum results. Building on Inform's over thirty years of research into driving impact through workforce analytics, BizX Insights enables SuccessFactors customers to know what questions to ask about their business and the purpose behind the questions. The solution highlights key considerations when interpreting metrics, trends and benchmarks; recommendations on relevant strategies that are proven to deliver positive results; and related questions to help companies uncover additional insights.
Questions companies can answer within BizX Insights include:
- What proportion of our workforce is aligned to our strategic business priorities?
- How long does it take to cascade goals throughout our business?
- What proportion of our workforce is performing at a high level?
- What is the pay differential between low and high performing employees occupying similar positions?
With SuccessFactors BizX Insights, companies can:
- Answer questions across the entire SuccessFactors BizX Suite, including Performance Management, Goal Management, Recruiting Management, Succession Management, 360-Degree Reviews, Compensation Management, Learning & Development and Employee Central modules;
- Access rich content related to all BizX Insights questions, strategic recommendations on the significance of each and the impact on execution throughout the company;
- Track organization performance trends through time;
- Compare company results with industry benchmarks to reveal how companies stack up against the competition.
"SuccessFactors BizX Insights taps into the wealth of information that workforce data can reveal about the state of a business. By combining SuccessFactors BizX suite with Inform's over 600 person-years of field and academic research, companies can know the important questions to ask and how to solve the issues they find," said Dmitri Krakovsky, vice president of global product management, SuccessFactors. "It's about making sure that critical insight into organizational alignment and business execution no longer remain a mystery, and giving companies the knowledge they need to course correct and drive the success of their business."
BizX Insights powered by Inform is expected to be generally available on May 24, 2010.
On February 4, 2010, Inform and SuccessFactors, Inc., the global leader in Business Execution Software, announced that they had entered into a definitive agreement under which SuccessFactors will acquire Inform. The acquisition is expected to close in Q3 2010, subject to customary closing conditions. For more information please visit: http://www.successfactors.com/inform/.
Note: All product features and delivery dates mentioned represent current product development expectations only and not a delivery commitment. These features may not be delivered in the indicated time frame or at all. Customers should base their purchasing, administrative, and configuration decisions solely on functionality that is currently available.
About SuccessConnect 2010
With the driving forces of people performance and business alignment, SuccessConnect 2010 explores how the SuccessFactors Business Execution Suite can be best leveraged across all organizations to accelerate business execution and achieve real business results. SuccessConnect assembles SuccessFactors customers and partners, as well as industry analysts and thought leaders, to share experiences and discuss how to get the most out of SuccessFactors. SuccessConnect takes place in New York on May 10-11 and San Francisco on May 17-18 and will feature keynotes from EMC Corporation and Coca-Cola Enterprises, Inc.
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, anywhere in the world. More than 8 million users and 3,000 companies leverage SuccessFactors every day. To learn more, visit: http://www.successfactors.com/.
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SuccessFactors |
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Dominic Paschel, 415-262-4641 |
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Director of Public & Investor Relations |
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SOURCE SuccessFactors, Inc.
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