SuccessFactors

SuccessFactors Inc.

Type	Subsidiary
Industry	Computer software
Founded	California (2001 (2001))
Founder	Lars Dalgaard, Aaron Au
Headquarters	South San Francisco, California, USA
Area served	Worldwide
Number of employees	1,447 (2011)[1]
Parent	SAP AG
Website	successfactors.com

SuccessFactors is an American multinational company headquartered in South San Francisco, California, providing cloud-based human capital management (HCM) software solutions using the Software as a service (SaaS) model.

Corporate history

SuccessFactors was founded in 2001 by Lars Dalgaard. In November 2007, the company went public on the NASDAQ Global Market under the stock symbol SFSF. In July 2011, SuccessFactors successfully completed the move to the NYSE (press release), NYSE Euronext (press release), and the Frankfurt Stock Exchange (Deutsche Boerse), becoming the first triple listed technology company.^[2][3][4][5] It has its services translated into 32 languages and currently has more than 6,000 customers with over 32 million users in 60 industries in over 185 countries.

Acquistions

• YouCalc - On October 17, 2010, SuccessFactors announced its acquisition of this Denmark based SaaS service.^[6] on October 18, 2010, SuccessFactors launched the first ever Calculator in the Cloud technology. The calculator in the cloud allows business users to do analysis of real-time data for insight and predictions.^[7]

• Jobs2Web, Inc - On Dec 6, 2011, SuccessFactors Inc. announced the purchase of closely held Jobs2Web Inc. for $110 million in cash.^[8] Minnesota-based Jobs2web is expected to be a part of SuccessFactors before the SAP acquisition is complete. SAP spokesman, commented SuccessFactors is still a separate company and it has the prerogative to make deals until the SAP acquisition closes.^[9]

Acquisition by SAP America

On Dec 3, 2011, [SAP AG] and SuccessFactors, Inc. announced that SAP's subsidiary, SAP America, Inc., has entered into a definitive merger agreement with SuccessFactors to acquire all outstanding shares of common stock of SuccessFactors. It was also announced that SuccessFactors will remain independent and be named "SuccessFactors, an SAP company".^[10][11] The acquisition was completed on February 16, 2012.

As of December 2013, SuccessFactor's Learning Management System had over 600 customers with 11.5 millions users. Its Talent Management solution had over 4,000 customers with 25 million users.^[12][13]

As of October 2013 announcement SuccessFactors opened up its platform as part of the SAP Hana Cloud Platform. Applications such as Accenture Audit & Compliance Tool and Enterprise Q&A by EnterpriseJungle were showcased during the 2014 Annual SAP Conference "Sapphire". ^[14][15]

Operations

Its global headquarters is in South San Francisco, California and it has the following regional divisions,

• United Kingdom and Ireland Region, (based in London.)
• Germany and Central Europe Region, (based in Munich.)
• France, Spain and Italy Region, (based in Paris.)
• Greater China Region, (based in Hong Kong.)
• Japan, (based in Tokyo.)

Other major offices are in Brisbane, Beijing, Jakarta, Manila, Bangalore and Boston.

References