SuccessFactors, Inc.

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Aug27

SuccessFactors, Inc.

Linda Chan

August 27, 2006

Know More: Technology 1-800-Flowers.com, Technology

SuccessFactors, Inc. (SuccessFactors), headquartered in San Mateo, CA, is a talent management vendor that provides solutions to assist in employee and employer goal alignment, workforce competency development, performance monitoring, and succession planning.

The corporate attorney involved in employment matters might consider checking out SuccessFactors’ products when evaluating solutions to reduce paperwork during performance reviews, creating motivating compensation plans, and monitoring performance.

The software attorney involved in licensing or strategy might study SuccessFactors’ Software as a Service (SaaS) delivery model. SuccessFactors utilizes the on-demand model, which avoids many of the implementation issues involved in perpetual or other software license models. The SaaS model allows for a long-term relationship between the vendor and the customer. There is rapid deployment as a result of low professional services delays, flexibility in the rollout of product upgrades, and ongoing support without the bother of maintaining prior versions.

SuccessFactors’ customers include: Oracle, SAP, SumTotal, ADP.

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