SuccessFactors, Inc., the global leader in business execution software, announced its 10-year anniversary as well as its key milestones in the cloud. SuccessFactors is also introducing a bold new brand identity to reflect its evolution over the past decade, as well as the creation of the SuccessFactors Foundation, a community service initiative to empower future leaders.
Key Milestones in SuccessFactors' 10 year history are significant and testify to the company's continued innovation and commitment:
- May 2001: Lars Dalgaard founded SuccessFactors.
- September 2001: SuccessFactors launched its first product; Performance Management.
- October 2006: SuccessFactors launched the first complete suite of integrated, on-demand HCM applications.
- November 2007: SuccessFactors announced its initial public offering amidst a choppy market.
- June 2009: SuccessFactors announced the largest cloud deployment in Europe at Siemens AG with more than 400,000 users.
- September 2009: SuccessFactors created the Business Execution (BizX) category and redefined the market.
- February 2010-April 2011: SuccessFactors made five game-changing acquisitions (Inform, CubeTree, YouCalc, Jambok, and the pending Plateau acquisition).
- February 2010: InformationWeek Declares SuccessFactors 'The Future of Business Software.'
- May 2010: SuccessFactors announces the world's largest cloud deployment with 2 million end-users at a single customer.
- April 2011: SuccessFactors becomes the first company to announce plans to list and trade shares on NYSE, EuroNext Paris and Deutsche Boerse.
- April 2011: With the potential acquisition of Plateau, SuccessFactors becomes the first and only company with an HCM suite across all pillars - performance, compensation, recruiting and learning - sitting on a HR system of record, powered by analytics, and delivered as SaaS.
- 2011: From initial estimates, SuccessFactors and Plateau's potential combined companies will have more than 10 million users in the cloud.
Unlike many other cloud companies, SuccessFactors was built from day one for massive deployments and can be used by virtually anyone in a company. As one of the most widely deployed cloud-based business software solutions in the market, the company has continued to build on its initial Performance Management product released in 2001 and now offers 20 modules across its BizX Suite, with five major product updates and releases every year.
SOURCE: PRNewswire
