Friday, March 27, 2009

Deloitte Australia Links Stronger Employee Engagement With Higher Revenue Growth; Implements SuccessFactors to Identify Top Talent

SuccessFactors, Inc. (NASDAQ:SFSF), the global leader in on-demand performance and talent management solutions, today announced that Deloitte Australia, a member of Deloitte Touche Tohmatsu, one of the world’s leading professional services organizations, has deployed the SuccessFactors Performance and Talent Suite to manage the goals and performance of its 4,000 employees.

A trusted global brand, Deloitte Australia is part of a $27.4 billion global network of associated firms operating in nearly 140 countries, with 165,000 people. In Australia, Deloitte has 12 offices, 400 partners and over 4,500 people who provide audit, tax, consulting, and financial advisory services to public and private clients across the country. Deloitte strives to be an “employer of choice,” and saw SuccessFactors as an ideal solution to identify and retain the top talent it requires to maintain strong revenue growth rates.

Deloitte believes its people are its competitive advantage, so the firm sought a system to consistently measure, develop, and reward them. A core requirement was to align employee objectives to the corporate strategy so employees would deliver the work that matters most. SuccessFactors was selected due to its leadership in the employee performance management market, the flexibility of the system to meet Deloitte’s specific business requirements, and its cost-effective, on-demand delivery model. Deloitte’s core competencies, which were created to drive the business and differentiate the firm from its competitors, are embedded in SuccessFactors to inspire its employees and enable them to deliver outstanding value to their clients, markets, and communities.

Alec Bashinsky, National Partner - People & Performance from Deloitte Australia, said, “An engaged and aligned workforce is at the foundation of being a great company, which Deloitte Australia aspires to continuously achieve. Our deployment of SuccessFactors has been incredibly productive; 95% of our employees used the system for reviews and we’ve already seen healthy performance discussion across our offices. The system also provides our management team immediate access to reporting tools to monitor the business. It’s also nice to work with partners who think globally and act locally, as we continue to get value from the SuccessFactors team in Australia.”

SuccessFactors Expands Presence across Australia and Asia Pacific

SuccessFactors has significantly expanded its operations across Asia Pacific with dedicated product, sales, and implementation teams to support its growing customer base. The company enjoys relationships with customers in the automotive, education, financial services and manufacturing industries, among many others.

“This current global economic environment provides unique opportunities for companies to cultivate its top talent and future leaders to weather the storm. Enlightened companies still see their people as key to future growth, which is why SuccessFactors is thrilled work with Deloitte Australia,” said Lars Dalgaard, SuccessFactors’ founder and chief executive officer. “SuccessFactors has and will continue to strategically invest in regions we believe will produce big results. Everything we see across Asia Pacific leads us to optimism.”

With a 160 percent compounded annual growth rate since early 2006, SuccessFactors has grown its customer base more than 85 percent year-over-year and now has more than 550 customers and 270,000 users with a presence in Asia Pacific, with logins up nearly 100% to 4.4 million in the last 12-months alone. SuccessFactors is also seeing great traction and discernable potential in Japan, Australia, China, Singapore, Korea, New Zealand and India.

SuccessFactors performance and talent management software includes recruiting management, goal management, succession management, 360-degree review, compensation planning, learning and development, and analytics and reporting applications. The solution creates a company-wide network of information related to employee performance, including skill-sets, interests, career aspirations, ability to relocate, experience, languages spoken and more. By providing deep, real-time, company-wide visibility into such critical performance data, companies are able to make better, more informed decisions about how to promote, recruit, compensate, reward and manage their entire employee base.

About SuccessFactors, Inc.


SuccessFactors is one of the fastest growing public software companies and the leading provider of on-demand employee performance and talent management solutions. The company enables organizations of every size, and across every industry and geography, to achieve high-performing workforces through goal alignment and execution, talent development and planning, and pay-for-performance initiatives. From 92 customers and approximately 282,000 end users in 2003 to more than 2,590 customers and 4.5 million end users today, SuccessFactors’ solutions are widely deployed across 60 industries in over 185 countries in 31 languages. Founded in 2001 with offices around the world, the company employs passionate people focused on revolutionizing the future of work. For more information, visit: http://www.successfactors.com.

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