SAN MATEO, Calif., Feb. 16, 2012 /PRNewswire/ -- In conjunction with the close of the acquisition by SAP, SuccessFactors, Inc., (NYSE: SFSF), today announced broad support for the deal from its global partner ecosystem. SuccessFactors has always partnered with industry-leading companies from around the world to help extend the value of its Business Execution (BizX) suite through complementary partner product and service offerings or helping open up new markets. Now, in concert with SAP, SuccessFactors and its partners are able to provide a vast array of new offerings that promise new value for customers as they optimize how they execute their businesses.
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SAP's acquisition of SuccessFactors combines the powerful assets of each company – including world-class cloud expertise, software applications and go-to-market capabilities – to create a global cloud leader with an end-to-end offering of cloud and on-premise solutions for managing business processes.
"Our industry is at a tipping point, as executives around the world position their organizations to fight and win the global war for talent," said Mercedes Ellison, vice president of global alliances and channels, SuccessFactors. "Our union with SAP will accelerate SuccessFactors' BizX roadmap by 10 years, which in turn will speed our partners' ability to deliver new solutions that meet growing customer demand. Together, we will scale our businesses to capitalize on the tremendous business opportunities in enterprise and people-focused cloud applications."
SuccessFactors Partners Speak Out
The SuccessFactors Partner Program will help partners effectively tap the comprehensive resources from SuccessFactors in order to develop, market, sell and deliver solutions that help solve customers' business execution problems.
- "With the acquisition of SuccessFactors, SAP is expanding its rich portfolio of offerings in key areas such as cloud computing and human capital management. For Accenture, the main beneficiaries will be our SAP clients who are increasingly interested in adding these capabilities to their information technology mix."
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Mark Willford, Global Managing Director, Accenture's SAP business |
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- "AKT has been partnering with SuccessFactors for almost four years in the Israeli market. Together, we have made SuccessFactors a de-facto standard in the high-tech sector in this region. We are excited about this acquisition, as we believe that SAP's presence in Israel can be leveraged to make SuccessFactors a standard for cloud solutions beyond HR."
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Yoav Ventura, Managing Partner, AKT Human Capital Solutions |
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- "SuccessFactors is an excellent match for SAP, not only for its leading Business Execution application and its experience in the cloud computing market but also for its specialized partner ecosystem with companies like Avanxo, which brings cloud expertise and added value to SAP solutions and, very importantly, to end customers. With the acquisition of SuccessFactors, SAP has confirmed that it is serious about cloud computing. Avanxo, as a pure-play cloud computing system integrator, feels very positive about the new opportunities that will arise from engaging with both SAP and its customers."
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Diego Maldonado, CEO, Avanxo |
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- "At Capgemini, where we help organizations drive performance through people, the union of our two partners, SuccessFactors and SAP, offers an exciting opportunity to find fresh answers to the strategic challenge of talent management. Cloud services can give the HR function the workforce analytics, visibility and scalability it needs to take decisive action in the acquisition, deployment and development of talent globally. The combination of SAP, the leader of business applications, and SuccessFactors, the cloud-based Business Execution provider, will provide best-of-breed cloud solutions that add great value to on-premise enterprise application systems. This integration is great news and a perfect match."
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Barbara Spitzer, Vice President, People & Performance, Capgemini |
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- "Congratulations to SAP on its strategic acquisition of SuccessFactors, the best cloud company out there. SuccessFactors provides exceptional business execution capabilities with maximum speed and flexibility to its ever-growing customer base. We have experienced this at close range during our seven-year partnership and more than 60 joint SuccessFactors customer engagements. We welcome the merger of SAP and SuccessFactors as it will provide the option for all of us to create even more satisfied customers. Our clients will be executing their business strategies faster and better than ever before."
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Mikkel Krogsdal, CEO, Effective-People |
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- "The world's fastest-growing companies rely on Jobvite for innovative recruiting solutions that can perform and scale as fast as they do. SuccessFactors and SAP are world-class companies and their combined creative efforts will provide our customers with innovations to further power their suite of cloud solutions."
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Dan Finnigan, President and Chief Executive Officer, Jobvite |
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- "The acquisition of SuccessFactors by SAP immediately places SAP in the leaders category of cloud-based Human Capital Management solutions. The combination of SAP's deep heritage of powering the leading companies in the world combined with the innovation and deep domain expertise that SuccessFactors brings in both the Human Capital Management space as well as groundbreaking technologies such as cloud and social computing create a powerhouse in the industry that has the potential to benefit customers and partners from both organizations for years to come."
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Jason Averbook, CEO, Knowledge Infusion |
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- "As a long-time partner of both SAP and SuccessFactors, Learn2Perform is a huge proponent of this merger. The integration of these two powerhouse solutions will strengthen Learn2Perform's ability to deliver the best learning and performance solutions to our customers, with all the benefits of the cloud – including faster implementations, at lower costs, by high-skilled professionals, with little or no IT issues or geographical limitations. Given our history and expertise with both SuccessFactors and SAP, we consider ourselves uniquely positioned to help customers discover how this business union can accelerate their HCM software solutions."
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Steve Bradley, President and Founder, Learn2Perform |
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- "For more than a decade Korn/Ferry International and SuccessFactors have partnered to bring clients increased scale for implementing our Lominger competency-based solutions across the entire talent management lifecycle. With the merger of SAP and SuccessFactors, and the integration of their best-in-class SaaS and on-premise applications, our clients will benefit from their focus on innovation to accelerate functionality and the end-user experience."
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Chuck Feltz, President, Lominger International (A Korn/Ferry International Company) |
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- "Our clients range in size from 1,000 employees to more than 500,000 employees, and they all share a common goal – find innovative and cost-effective ways to improve their entire talent acquisition life cycle. That is: identifying, developing and retaining key talent. The emergence of powerful cloud-based solutions has afforded our clients the ability to turn this goal into a reality. We continue to look to SuccessFactors for best-of-breed cloud-based talent and performance management solutions for our clients. We believe that the combination of SAP and SuccessFactors will provide just the kind of positive disruption this market needs to help us provide our clients with a competitive advantage in the war for talent."
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Rick Landsman, CEO, Marick Group |
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- "I firmly believe in the undisputed power of BizX, as driven by SuccessFactors and McKinney Rogers. The recent news that SAP will be acquiring SuccessFactors is perfectly timed to allow us to further enhance and accelerate the distribution of this amazing capability. Our customers are going to love the increased value we will provide to help them optimize individual performance and organizational results."
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Damian McKinney, CEO, McKinney Rogers |
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- "PDI Ninth House cooperates with both SAP and SuccessFactors, and we know the power that each company has in the HR technology space. We view the merger as both a bold and highly strategic undertaking that integrates SAP's global footprint as a world-class technology firm providing extremely broad offerings delivered on premise or via mobile devices, with SuccessFactors' value as a nimble, fast-growth, cloud-driven, dominant human capital software firm. This is a hand-in-glove scenario, the perfect fit. We look forward to continued teamwork with this new powerhouse to deliver premier solutions to our hundreds of joint clients around the globe."
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R.J. Heckman, President and CEO, PDI Ninth House |
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- "We are excited to see our SaaS partner SuccessFactors join with SAP. Over the last few years Ping Identity has helped many customers secure and streamline access to SuccessFactors' Business Execution Software Suite and SuccessCloud. Now we can extend our cloud identity management solutions to a broader SAP customer base, allowing them to securely access cloud-based talent management tools."
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Mike Desai, Senior Director of Business Development and Strategic Cloud Alliances, Ping Identity |
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- "The combined resources of two market leaders will drive exciting new capabilities and benefits – especially for our enterprise clients. We are excited about the enterprise focus and ability to streamline the cloud-based business process enablement discussion that this transaction brings to the marketplace from enterprise resources to human resources. Surrex Project Solutions will be able to serve our clients more efficiently with this larger solution footprint, and our clients will be the eventual benefactors of the new combination of capabilities provided by SAP and as they turn to the cloud to reach their enterprise goals."
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Chad Downey, President, Surrex Project Solutions |
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- "SAP's acquisition of SuccessFactors is clear evidence that the company is set to make a strong statement in the cloud computing space. Our ongoing partnership, working alongside SAP as a services partner, reflects UST Global's continued dedication to building expertise across the SAP suite of products. SAP develops powerful technology solutions, and it's clear to us that this marriage will take SuccessFactors to new heights."
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Sajan Pillai, CEO, UST Global |
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- "Verifications, Inc. is excited about the prospect of helping the clients using solutions from SuccessFactors and SAP shorten their time to hire and improve employee productivity. We are proud of our partnership with SuccessFactors. Together we will make a positive difference in the lives of new hires by helping them start their new job on the right foot more quickly."
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Curt Marks, CEO, Verifications, Inc. |
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- "We're excited by SAP's acquisition of SuccessFactors and how these companies will continue to provide organizations with state-of-the-art tools to better leverage their people and execute strategies that drive business outcomes. New and improved capabilities and capacity will be available to our current and future customers faster than ever before. As a SuccessFactors partner, we're also excited to be connected to a global leader in cloud-based human capital management solutions."
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Nancy Heet, President, Workforce Management Strategies, LLC |
More information about the SuccessFactors Partner Program and its partners is available here.
About SuccessFactors, an SAP Company
SuccessFactors, an SAP Company, is the leading provider of cloud-based Business Execution Software, and 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 35 languages.
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SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.
All other product and service names mentioned are the trademarks of their respective companies.
"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 the benefits of the post-merger integration of the companies and their affiliates. 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; integration risks; 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; 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; the impact of unforeseen expenses, including as a result of integrating acquisitions; and general economic conditions worldwide. 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 our most recent report on Form 10-Q and in other filings we make with the Securities and Exchange Commission from time to time.
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SOURCE SuccessFactors, Inc.
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