Saba Announces Keynote Speakers for People 2012 — Saba Global Summit…from Saba

January 11, 2012

 

Industry-Leading Lineup Includes Best-Selling Author, Jim Collins; Business Thought Leader, Gary Hamel; Gartner Inc. HCM Expert, Jim Holincheck; HR Thought Leader, Naomi Bloom; and CIO of American Red Cross, John Crary

HRchitect featured Saba in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. A.G. Lambert, the VP of Marketing with Saba appeared on the HRchitect WebMingle on August 14, 2009. Matt Lafata with HRchitect attended the 2010 Saba Global Summit and Analyst Day in Boston, MA. Matt Lafata & Tiffany Appleby attended the Saba Global Sales Rally FY12 in June 2011 in Redwood City, CA.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Saba (NASDAQ: SABA), the premier People Cloud provider, today announced its industry-leading lineup of visionary keynote speakers for People 2012, its annual global user conference. The impressive keynote presenters include: Jim Collins, best-selling author ofBuilt to Last,Good to Great,How the Mighty Fall, andGreat by Choice; foremost business thinker and best-selling author, Gary Hamel; Gartner Inc. research vice president, Jim Holincheck; HR thought leader and managing partner at Bloom & Wallace, Naomi Bloom; and the Chief Information Officer from the American Red Cross, John Crary. Customers, partners, and global industry professionals will gather together to learn how to achieve significant business benefits through the Saba People Cloud at People 2012 – Saba Global Summit in Miami, Florida on March 19-22, 2012.

The lineup of Saba keynote speakers includes Bobby Yazdani, founder and CEO; Jeff Carr, president of global field operations; and Amar Dhaliwal, senior vice president of product operations. Saba Global Summit will focus on the importance of leveraging the Saba People Cloud to create transformative workplaces that enable organizations to provide all their people, including employees, partners, and customers, with the development, engagement, and inspiration they need to meet the challenges of a new world of work.

For more information about People 2012 – Saba Global Summit and to register, visit the event site.

About Featured Keynote Speakers

 

  • Naomi Bloom is a leading independent voice, business and platform strategy consultant, and thought leader in the HR technology and HRO industries. She acts as a change agent and Human Resource Management (HRM) delivery systems strategist for global corporate clients; as an advisor on business strategy as well as product and service design to several generations of HRM software vendors and HR outsourcing providers; and as a provider of competitive insight to the investment community.
  • Jim Collins is the industry-leading thinker on organizational sustainability and growth. He is the best-selling author of Great by Choice, Built to Last, Good to Great, and How the Mighty Fall. In total, Collins has authored or co-authored six books that have sold more than 10 million copies worldwide.
  • John Crary joined the American Red Cross in late 2009 as chief information officer, responsible for all information technology functions throughout the organization. The American Red Cross, founded by Clara Barton in 1881 and headquartered in Washington, D.C., is one of the nation’s premier emergency response organizations and a major U.S. provider of blood products to the healthcare industry. Crary brings a wealth of information technology management experience to the organization, including expertise in new technologies such as social media, Web-based services, and e-commerce.
  • Gary Hamel is the best-selling author of Leading the Revolution and Competing for the Future. The Wall Street Journal recently listed Gary Hamel as “The world’s most influential business thinker,” and Fortune magazine has called him “The world’s leading expert on business strategy.” Hamel is currently a visiting professor of strategic and international management at the London Business School.
  • James (Jim) Holincheck is a managing vice president at Gartner Inc., where he manages the team that covers finance, Human Capital Management (HCM), and procurement. Holincheck specializes in the HCM systems market and helps provide a bridge between technology and human capital processes, practices, and strategies.

 

About Saba Keynote Speakers

  • Bobby Yazdani is the founder, chairman, and CEO of Saba. He was an industry pioneer in creating the Human Capital Management category in 1997, and has since grown Saba into a $100 million+ business and one of the fastest growing public cloud companies.
  • Jeff Carr is the president of global field operations at Saba. He is responsible for Saba’s worldwide field operations, including sales, professional services, alliances, and customer success. A seasoned HCM software executive, Carr has more than 25 years of experience in global enterprise software and on-demand sales, marketing, services, and global operations.
  • Amar Dhaliwalis the senior vice president of product operations at Saba. In this role, he has successfully guided the company’s Product Operations Group, which includes Product Development, Global Customer Care, OnDemand Strategy, and Operations. Dhaliwal has more than 15 years of HCM and enterprise software experience.

 

About People 2012 – Saba Global Summit

Saba’s annual user conference, People 2012 – Saba Global Summit, will offer attendees:

 

  • Eight unique conference tracks, more than 60 conference sessions, and more than 12 hands-on training sessions with equal focus on all Saba solutions. Click to view conference tracks and more details on the hands-on training sessions.
  • Networking events including a welcome reception and a special customer appreciation event where attendees can connect with peers, share experiences, and meet one-on-one with Saba product experts.
  • Hands-on training courses offered daily by Saba University.
  • More than 40 case studies presented by global customers across a wide variety of industries.
  • Ability to explore products and services from Saba’s strategic partners.
  • Opportunity to hear recognized business leaders and industry experts talk about future trends and opportunities.

 

For more information on Saba, please visit www.saba.com

To learn more about HRchitect’s expertise in HR technology strategy, selection and implementation services, and how HRchitect can help your organization, please visit www.HRchitect.com

 
Matt Lafata, HRchitect

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Saba and Management Innovation eXchange Form Strategic Alliance to Power Up Gary Hamel Led Community of Leading Experts on Disruptive Management Practices…from Saba

May 12, 2011

 

HRchitect featured Saba in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. A.G. Lambert, the VP of Marketing with Saba appeared on the HRchitect WebMingle on August 14, 2009. Matt Lafata with HRchitect attended the 2010 Saba Global Summit and Analyst Day in Boston, MA

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

Saba (NASDAQ:SABA), the premier people cloud provider, today announced its strategic alliance with Management Innovation eXchange (MIX), a community of progressive management innovators architected by Gary Hamel and supported by thought leaders from leading academic institutions including Harvard Business School, Stanford University, University of California Berkeley, and The London Business School as well as business leaders from organizations such as McKinsey & Company, HCL Technologies, Dell, and the Human Capital Institute.

The MIX is an open innovation project aimed at reinventing management for the 21st century. It is founded on the belief that to thrive in the 21st century, organizations must be adaptable, innovative, inspiring and socially accountable, which require a genuine revolution in management principles and practices. Saba whole-heartedly embraces the MIX’s revolutionary vision for the future of management and is proud to collaborate with MIX to accelerate the pace of management innovation by powering its collaborative platform.

As a part of this alliance, Saba’s People Cloud applications will power the MIX platform with collaboration, ideation and conversation capabilities amongst the community of thought leaders and experts dedicated to revolutionizing management principles and practices. As a partner and active participant in the MIX community, Saba will be able to exchange and gain insight into new management ideas and approaches that could better enable the company and its global customer base of 1,400 enterprises and 19 million users to implement leading-edge ideas and practices.

Supporting Quotes:

“Saba’s mission to provide solutions that enable enterprises to power up their people to boost performance and drive results aligns well with the MIX’s goal to reinvent the way enterprises organize resources to productive ends,” stated Bobby Yazdani, chairman and CEO of Saba. “We look forward to joining Gary and other world-renowned experts to share best practices and innovate management methods that help organizations be more effective.”

“Traditional hierarchical management structures inhibit creativity, collaboration and progress,” said Gary Hamel, founding member and architect of the MIX. “The MIX is a platform where trailblazers come to tackle these issues in order to create organizations that are inventive, adaptable and engaging. Saba’s passion for enabling people-driven enterprises makes it a perfect partner for the MIX.”

For more information on Saba, please visit www.saba.com
Matt Lafata, HRchitect

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Saba Announces First Quarter Fiscal Year 2011 Results…from Saba

September 25, 2010

 

Subscription Revenue Increased 7% Year-Over-Year to $14.9 Million – First Quarter Total Revenues of $26.8 Million, Up 4% Year-Over-Year

HRchitect featured Saba in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. Saba participated in the Learning Management Systems panel on June 10, 2009 as part of theHRshow. A.G. Lambert, the VP of Marketing with Saba appeared on the HRchitect WebMingle on August 14, 2009.

If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is here to help!

Saba, the premier provider of people systems, today reported financial results for its first fiscal quarter ended August 31, 2010.

“The first quarter increase in total revenues reflects solid growth in our subscription and professional services revenues,” said Bobby Yazdani, Chairman and CEO of Saba. “Customers’ buying preferences in the quarter validated their enthusiasm for our advanced SaaS offerings and yielded an approximately three-fold increase in the annual contract value of new SaaS bookings over the same period last year.”

First Fiscal Quarter 2011 Results

Revenue. For the first quarter ended August 31, 2010, total revenues increased 3.9% to $26.8 million from $25.8 million in the same period of the prior year. Subscription revenue was $14.9 million, an increase of 6.6% on a year-over-year basis. License revenue was $4.5 million, a decline of 22.1% on a year-over-year basis. Professional services revenue was $7.5 million, an increase of 22.0% on a year-over-year basis.

Gross Margin. Gross margin was 63.1% in the first quarter compared to 64.7% in the same period of the prior year. The gross margin reflects higher levels of subscription revenue and professional service revenue relative to license revenue.

Earnings per Share. First quarter GAAP net loss per share of $0.06 compares to fully diluted earnings per share of $0.03 in the same period of the prior year. Non-GAAP diluted earnings in the first quarter of breakeven compares to $0.07 per share in the first quarter of the prior year.

Non-GAAP results are computed by adjusting GAAP results to exclude the impact of certain items including (i) non-cash amortization of intangibles, (ii) non-cash charges related to share-based compensation expenses, and (iii) restructuring costs. A reconciliation of GAAP to non-GAAP results is included in the financial statements accompanying this press release.

Cash. Cash generated from operations in the first quarter increased to $1.4 million from $0.7 million in the same period of the prior year. Total cash and cash equivalents at the end of the first quarter were $33.2 million, an increase of 53.8% from the end of the first quarter of the prior fiscal year.

Deferred Revenue. Deferred revenue at the end of the first fiscal quarter was $34.4 million, an increase of 11.6% from the end of the first quarter in the prior fiscal year.

Customers. Saba added 30 new customers during the first quarter of fiscal 2011.

Share Repurchase Program. In March 2010, Saba announced that its Board of Directors authorized the use of up to $5.0 million in the aggregate for the repurchase of shares of the company’s common stock. Under the share repurchase program, Saba repurchased 150,000 shares during the fiscal quarter ended August 31, 2010 and had $4.2 million available for future repurchases.

First Quarter Highlights

During the first quarter, Saba signed 30 new customers worldwide, including Cummins, Halliburton, France Telecome Espana Sa, Isuzu Australia, ITC Hotels, New Balance Athletic Shoe and Sony Pictures Entertainment. Saba also expanded existing relationships with a number of organizations worldwide, including: Baker Hughes, Bank of Tokyo, Hartford Financial Services, Mitsubishi Research Institute, Sydney Water, Six Continents Hotels, Saudi Aramco, and Solutia.

In addition, key announcements by Saba since the beginning of the first quarter include:

– Saba announced the general availability of Saba Live, its next-generation cloud-based enterprise business networking solution. Saba Live includes powerful Web 2.0 social tools integrated with Saba Centra Web Conferencing for real time collaboration. Saba Live provides users with rich personal profiles, competency-driven expertise, blended learning, secure groups and workplace analytics to deliver an unprecedented collaboration experience. Saba Live is another proof point that Saba is reinventing the collaborative Learning space.

– Saba announced its inclusion in Forbes Magazine’s ranking of “Most Trustworthy Companies” for 2010. Saba has been determined to exhibit transparent accounting and prudent management by Audit Integrity, an independent financial analytics company. The ranking is based upon more than 100 factors used to assess corporate accounting and management practices.

– Saba also announced People 2010 — Saba Global Summit. The annual meeting of Saba’s customers, partners and thought leaders will be held November 1st — 4th at the Westin Boston Waterfront. The event will feature seven conference tracks and over 70 interactive sessions, including 20 hands on workshops, and keynote speakers, including Gary Hamel, author of Leading the Revolution and Competing for the Future, professor at London Business School and “the world’s most influential business thinker” according to the Wall Street Journal. People 2010 — Saba Global Summit will be an opportunity for hundreds of participants to share best practices and coming developments in people systems.

Business Outlook

The following statements are based on current expectations as of the date of this release. These statements are forward-looking, and actual results may differ materially. Saba does not undertake to update these forward-looking statements in any way or for any reason.

For fiscal 2011, ending May 31, 2011, we confirm our prior guidance of total revenues between $121 million and $124 million, GAAP net earnings of $0.15 to $0.19 per share on a fully diluted basis and non-GAAP net earnings of $0.34 to $0.38 per share on a fully diluted basis. Due to customers’ seasonal spending patterns, Saba continues to expect that revenues, earnings and cash flows will be weighted more heavily towards the second half of the fiscal year.

The fiscal year 2011 non-GAAP outlook excludes non-cash amortization of intangibles and charges related to stock-based compensation expenses.

For more information on Saba, please visit www.saba.com
Matt Lafata, HRchitect

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