One of the definitions in the Merriam-Webster online dictionary for the word pride is “delight or elation arising from some act, possession, or relationship.” Pride aptly describes how I’m feeling right now about our SuccessFactors Human Capital Management (HCM) solutions and the related success of our customers.
Thanks to the talented people across SuccessFactors, we have once again been named a leader in the HCM market – for the sixteenth time in a little over a year. We are the only company with this honor, and for me, it’s a reflection of our dedication to bringing our customers the best products and services possible.
Global technology trends continue to evolve very quickly, impacting the HCM solutions that support the ever changing needs and requirements of Human Resources departments across the globe. Our consistent ranking at the top by these various industry analysts reflects and reinforces, I believe, our relentless focus on ways to improve the solutions we deliver to you. So far this year, we’ve delivered significant new innovations including:
· A new onboarding solution
· Headlines which delivers natural language analytics to end users
· Multiple integration packages to connect SAP on-premise solutions with SuccessFactors cloud solutions
We also made significant enhancements to our existing technology:
· A re-designed user experience for our learning solution
· A large number of innovations to Employee Central including time-off management
· Payroll for over 20 countries and localization for over 50 countries
And we continually incorporate enhancements and improvements based on ideas and suggestions from our customers.
Delivering excellence for the full HR lifecycle
The latest accolade in this significant run is from Nucleus Research. The company just released its Technology Value Matrix for HCM for the second half of 2013 and once again, we are one of the top leaders in this report. Nucleus recognizes that we provide a comprehensive, cloud-based HCM solution that supports the full end-to-end employee lifecycle – a trait that the hallmark of this year’s HCM leader positions.
The report also notes that we have deep capabilities across all talent management functions, from recruiting through succession planning. Other notable mentions are the depth of our employee management and administration offerings, and our support of hybrid and full cloud implementations. The report also states that we “continue to push the envelope of usability,” and it is expected we will “continue to advance both the functional capabilities and the user experience and remain a leader within this market.”
Drumroll…the magic number of 16!
As you can see from the list below, this report is just one of sixteen where analysts have placed SuccessFactors at the top of the HCM market. Here are the others that have mentioned us in a similar fashion in 2013 and 2012:
· Nucleus Research: Technology Value Matrix for HCM – 2013 and 2012
· Gartner: Magic Quadrant for Talent Management Suites, 2013
· Bersin by Deloitte: The Definitive Buyer’s Guide to The Global Market for Learning Management Solutions, 2013
· Forrester Research: The Forrester Wave for Talent Management, Q1 2013
· IDC: IDC Talent Management MarketScape Reports (five in 2013 and six in 2012)
· Ventana Research – Total Compensation Management Value Index, 2012
As I mentioned above, we could not continually be recognized as a leader without the help of our customers and every SuccessFactors’ employee. We are committed to providing you with the best in HCM solutions – from core HR and talent management (including learning, recruiting, performance and goals, compensation, and succession and development planning) to workforce planning. We will continue to provide you with an elegant, yet powerful user experience, and at the same time, incorporate and leverage unique social and collaboration capabilities, unparalleled workforce analytics, and highly engaging mobile capabilities.
As Shawn Price, our CEO said earlier this year, “Being recognized by top-tier analysts that we offer the most global and comprehensive cloud HCM solutions is really an honor. With HR transformation among the top priorities of CEOs and business leaders today, this recognition helps validate the connection between talent management and business results.”
Thank you for your continued support – and we look forward to providing you with even greater excellence in 2014!