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SuccessFactors Named a "Leader" in 2013 IDC MarketScape Integrated Talent Management Report for Western Europe
Oct 23, 2013 (10:10 PM EDT)
SOUTH SAN FRANCISCO, Calif., Oct. 24, 2013 /PRNewswire/ -- SuccessFactors, an SAP company, announced its recognition as a leader in the IDC MarketScape: Western Europe Integrated Talent Management 2013 Vendor Analysis, Doc #LC11V, September 2013. This IDC study presents an assessment of 12 software vendors in the European integrated talent management market through the IDC MarketScape model. The research uses a rigorous scoring methodology, both quantitative and qualitative, that produces a definitive assessment of each vendor's current market capabilities and strategies for competing in the future.
SuccessFactors received exceptional scores in offering roadmap, functional coverage, price simplicity, ease of consumption, release frequency, integration capabilities, European absolute and relative growth, European presence and ecosystem, and financial management. Specifically, the report highlighted SuccessFactors' complete coverage of the employee lifecycle and the related talent management areas, its roadmap to leverage third platform technologies, and its SaaS subscriptions on a per-employee, per-month, per-module basis. The report stated, "SuccessFactors has seen a very high rate of European growth typically in the high double digits, both before and after the SAP acquisition. European presence became extremely strong after the SAP acquisition, as SAP has HCM field teams in most European countries."
"SuccessFactors is a leader in the integrated talent management market," said Bo Lykkegaard, research director, European Enterprise Applications, IDC. "This market has evolved from a niche market driven by highly innovative pure-play vendors into a more mature market environment in which all vendors embrace SaaS delivery and service out of European datacenters, and offer subscription pricing. Each vendor has a unique set of strengths and weaknesses, and SuccessFactors is strongly positioned to compete as the talent management market evolves into a next phase revolving around social collaboration, HCM analytics, and end-to-end HCM process flows."
"For the first time today, we have five generations in our workforce, each with different values and needs to address. At the same time, we face a talent shortage and an increasing experience gap as ten thousand employees turn 65 every day in the U.S. alone," said Shawn Price, president, SuccessFactors, SAP Cloud. "At SuccessFactors, we understand these challenges and address them by offering an end-to-end portfolio to our customers, including core HR in the cloud, to support the entire employee lifecycle, from recruit to retire. Being recognized as a leader in worldwide and Western Europe integrated talent management reports by IDC shows our strategy is working. Yesterday's point solutions don't address the needs of today's businesses. With all of the data available in systems now, we're addressing the requirement to have actionable insights on your people not by looking backward, but by addressing what's ahead. This requires a connected set of applications – linking recruiting, performance management, compensation planning and learning systems, supported by Employee Central and workforce analytics. All of these applications must be beautiful, intuitive and flexible – and built for the way we work today – anywhere, any time, on any device, collaboratively."
About IDC MarketScapes
The IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of IT, telecommunications, or industry-specific 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 MarketScapes provide a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT, telecommunications, or industry-specific vendors can be meaningfully compared. The framework also provides technology buyers with a transparent foundation to enable companies to independently compare the strengths and weaknesses of current and prospective vendors.
About SuccessFactors, an SAP Company
SuccessFactors provides a leading cloud-based HCM Suite, which helps HR drive business execution with solutions that are complete, beautiful and flexible enough to start anywhere– optimizing your workforce today and preparing them for tomorrow. SuccessFactors solutions are supported by a global partner ecosystem and the experience and commitment of SAP. With approximately 23 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, with more than 3,700 customers, we serve organizations of all sizes across more than 60 industries in more than 177 countries using our application suite in 35 languages.
SOURCE SuccessFactors, an SAP company