August 27, 2009
80 Conference Sessions, Keynotes, Pre-Conference Training Workshops, and Daily Networking Events for Customers to Share Best Practices and Optimize Their Use of Saba Solutions
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. Saba will compete in the HRchitect Beauty Pageant on Talent Management Systems on September 4, 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.
Saba (NASDAQ: SABA), the premier people management software and services provider, today announced a robust agenda for its upcoming global users conference — People 2009 – Saba Global Summit — including content-rich sessions, industry thought-leader keynotes, and hands-on training workshops. Saba’s annual gathering of customers, partners, and industry luminaries will be held October 19-22, 2009, at the Fairmont Hotel in San Francisco, California. Saba customers and partners attending this event will receive valuable training and information that can help them optimize their existing Saba investments as well as implement best practices to enhance organizational performance through industry-leading people management.
During the event, attendees will have the opportunity to hear the latest market trends from industry thought leaders, interact with fellow executives from leading companies worldwide, and obtain valuable information and training on the latest Saba solutions. Customers will also have an opportunity to see and test-drive the new products that Saba plans to unveil at the event, along with the latest releases of its unified people platform, including learning, talent management, and collaboration innovations.
Latest Agenda Highlights at People 2009 – Saba Global Summit include:
Industry keynote speakers, including:
- Dr. Jeffrey Pfeffer, the Thomas D. Dee II Professor of Organizational Behavior at the Graduate School of Business, Stanford University and author or co-author of 13 management books, including The Human Equation: Building Profits by Putting People First, The Knowing-Doing Gap: How Smart Companies Turn Knowledge Into Action, Hidden Value: How Great Companies Achieve Extraordinary Results with Ordinary People and others.
- Sundar Nagarathnam, Vice President of NetApp University at NetApp, which was ranked the number one best company to work for by Fortune Magazine.
- Josh Bersin, CEO and President of Bersin & Associates, a leading resource for learning and HR decision makers seeking the latest trends and insights on enterprise learning and talent management.
80 educational breakout sessions, featuring a wide range of business and technology topics— which include more than 50 customers scheduled to share case-studies and insights about their Saba people platform implementations.
A special pre-conference training workshop, with nine new, hands-on training sessions conducted by Saba University. These popular training sessions are available to all People 2009 attendees at no extra charge.
Valuable conference networking opportunities, including Saba’s annual customer appreciation event that will offer a private viewing at San Francisco’s world-renowned Academy of Sciences.
This year’s event also features the annual Saba Customer Excellence Awards, which recognize Saba customers who have delivered high-impact business results for their organization with Saba. Customers are encouraged to submit award nominations at Saba Customer Excellence Awards by Tuesday, September 22, 2009. Winners will be recognized during the conference in October.
“Saba’s global user conference is the premier forum for the Saba community to gather and learn how they can create the new, game-changing opportunities in people management for their organizations that will drive the next wave of innovation and business transformation,” said Bobby Yazdani, Chairman and CEO for Saba. “We look forward to empowering the Saba community with best-practices that will help them create a performance-driven culture that connects and engages teams to achieve organizational goals.”
For a complete People 2009 – Saba Global Summit agenda and to register, please visit http://www.sabapeople.com
For more information on Saba, please visit www.saba.com
Matt Lafata, HRchitect
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Posted by mattlafata
August 26, 2009
Despite economy, Cornerstone achieves record-level success in first half of 2009, announces strategic investments across the company to ready growth into 2010
HRchitect featured Cornerstone OnDemand 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. Charles Coy participated in the HRchitect WebMingle on January 16, 2009. Cornerstone OnDemand participated in the Talent Management Systems Beauty Pageant in December 2008, where they were crowned the winner. Cornerstone OnDemand also participated in the Learning Management Systems panel on June 10, 2009 as part of theHRshow event. 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.
Cornerstone OnDemand Inc., a leading provider of on-demand learning and talent management software and services, today announced that despite the current economic climate, the company has performed at record levels for the third straight quarter. New client bookings for the first half of 2009 were up by more than 100 percent from the previous year, led by the addition of more than 742,000 new users. Named among the top 100 fastest-growing private software companies in the U.S. by Inc. magazine, Cornerstone also recently announced plans for investing in the company’s continued growth.
“Momentum is in Cornerstone’s favor,” said Adam Miller, President and CEO of Cornerstone OnDemand. “Now is the time for us to step on the gas, advance the company’s strong competitive position, and ready the company for massive growth into 2010. This includes investing in the success of our clients, in the quality and innovation of our software, in direct and indirect sales distribution, and in the development and success of Cornerstone’s valued team members.”
Cornerstone is broadening the scope of its alliances operations in an effort to scale existing partner initiatives, expand the company’s referral network and improve partner enablement. To lead these efforts, the company has promoted former Senior Director of Strategy and Research, David Somers, to Vice President of Alliances and Strategy.
In addition to leveraging its relationship with ADP® Employer Services, the company is expanding its direct sales teams in order to increase Cornerstone’s share of mid-market business. The move supports the recent launch of Cornerstone Business Edition, the company’s talent management solution built specifically for medium-sized organizations. The sales team also is bolstering its vertical expertise, hiring specialists in key market segments such as healthcare and the public sector.
Strategic investments and hires in other areas across the company, such as client services, consulting, product development and software infrastructure, allow Cornerstone to continue to scale its operations, serve its rapidly growing client base, further extend its international reach and significantly expand its market share.
“While other talent management software vendors have faced workforce reductions, mergers and consolidations, Cornerstone has been the exception,” commented Miller. “We are continuing to invest to ensure the success of our clients and the strength of our team.”
Other company highlights include:
- Global Client Wins: To date, more than 2.7 million active users in 141 countries use Cornerstone’s Software-as-a-Service (SaaS)-based solutions. Second quarter client wins include American Bankers Association; Money Advice Trust; New York Presbyterian Hospital; ValleyCrest; two respected international non-profit organizations; a UK-based investment and insurance firm; and a leading European financial services company, among others.
- Product Innovation: In May, the company expanded its Succession Management platform. Designed to help organizations better engage, motivate and retain valued employees, features such as detailed resumes, career preferences and job profiles lay the groundwork for major new functionality focused on employee career management.
- Strategic Alliances: Cornerstone has significantly expanded its global footprint via new strategic reseller relationships with premier organizations such as ADP Employer Services, with more than 550,000 clients worldwide, and Australia-based Talent2, the leading talent management and HR outsourcing firm in the Asia-Pacific region.
- Empowering Communities: The company continues to expand the Cornerstone OnDemand Foundation, which leverages the company’s expertise in workforce development, education and software deployment, as well as other organizational assets, for philanthropic and community benefit. United Way of the Bay Area and Goodwill Industries of San Francisco, San Mateo and Marin Counties have joined Teach for America, Oxfam America and Save the Children as strategic non-profit partners of the Foundation.
For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com.
Matt Lafata, HRchitect
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Posted by mattlafata
August 19, 2009
Third-annual Inc. 5000 list recognizes Cornerstone for three-year sales growth of 278 percent; also ranked among the top 100 Los Angeles-area companies
HRchitect featured Cornerstone OnDemand 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. Charles Coy participated in the HRchitect WebMingle on January 16, 2009. Cornerstone OnDemand participated in the Talent Management Systems Beauty Pageant in December 2008, where they were crowned the winner. Cornerstone OnDemand also participated in the Learning Management Systems panel on June 10, 2009 as part of theHRshow event. 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.
Inc. magazine has ranked Cornerstone OnDemand Inc. among the top 100 fastest growing private software companies in the U.S. (no. 69) as part of its third-annual Inc. 5000 list. Also ranked among the top 100 Los Angeles-area companies (no. 75), Cornerstone was recognized for its three-year sales growth of 278 percent since 2005. Overall, the company ranked at no. 1,136 on the Inc. 5000, advancing more than a thousand positions since the list launched in 2007.
A leading provider of learning and talent management software and services, Cornerstone continues to outperform its competitors despite current economic conditions. In addition to triple-digit growth of new client bookings and a 250 percent surge in active users of its Software-as-a-Service (SaaS)-based solution since last year, the company is significantly expanding its global reach via a new relationship with ADP® Employer Services, which has more than 550,000 clients worldwide.
“We are honored to be recognized by Inc. magazine as one of the country’s fastest growing software companies,” said Adam Miller, President and CEO of Cornerstone OnDemand. “Cornerstone has grown at a record pace over the past three years, thanks to industry-leading product innovation, best-in-class client service, global expansion, and the success of our sales teams and reseller channels. This strong momentum puts us in an excellent competitive position to further establish Cornerstone as the top choice for companies investing in the development and management of their most valuable asset: their employees.”
Miller recently was named 2009 CEO of the Year by the Technology Council of Southern California. The award recognizes the leader of a Southern-California-based technology company that has best-in-class performance in areas such as profitability, team-building and product innovation.
For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com.
Matt Lafata, HRchitect
Leave a Comment » | Uncategorized | Tagged: Adam Miller, ADP Employer Services, Charles Coy, Cornerstone OnDemand, HRchitect, HRchitect Beauty Pageant, Inc. 500/5000, Integrated Talent Management, Learning Management Systems, Matt Lafata, Talent Management Systems, theHRshow, WebMingle | Permalink
Posted by mattlafata
August 15, 2009
HRchitect featured Cornerstone OnDemand 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. Charles Coy participated in the HRchitect WebMingle on January 16, 2009. Cornerstone OnDemand participated in the Talent Management Systems Beauty Pageant in December 2008, where they were crowned the winner. Cornerstone OnDemand also participated in the Learning Management Systems panel on June 10, 2009 as part of theHRshow event. 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.
To support its continued global expansion, Cornerstone OnDemand announced it is partnering with Talent2, the leading talent management and HR outsourcing firm in the Asia Pacific (APAC) region. Talent2 will resell Cornerstone’s Software-as-a-Service (SaaS)-based talent management suite – including solutions for learning management, compliance, employee performance management, onboarding, succession planning, compensation, enterprise social networking, and more – in markets such as Australia, New Zealand, Singapore, Hong Kong and Japan.
Josh Bersin, president of industry analyst firm Bersin & Associates, estimates that the size of the global talent management systems market will reach $2.4 billion in 2010. “We would put the APAC market at close to $250 million today and project the growth rate to be about three times the rate of the U.S. and Europe, primarily because the economies there are growing at a much faster pace,” commented Bersin.
“More companies in the Asia Pacific region are looking to invest in SaaS solutions for talent management because the total operational cost of traditional, on-premise software is too high,” said Adam Miller, President and CEO of Cornerstone OnDemand. “Partnering with Talent2, which has a strong presence in APAC, allows Cornerstone to immediately take advantage of these new market opportunities. Our formidable network of strategic alliances worldwide, combined with the success of our team in EMEA, continue to play a key role in the rapid expansion of Cornerstone’s global footprint.”
Headquartered in Australia, Talent2 specializes in helping organizations with HR staffing and talent management needs. The company’s outsourcing services include executive search and recruitment, Human Resources Information Systems (HRIS), payroll, and consulting and learning. Clients include blue-chip companies such as Coles Group Ltd., Johnson & Johnson Pacific, Unisys, QBE Insurance and Telstra, as well as many Australian universities and government departments.
“Our strategic relationship with a talent management software category leader such as Cornerstone OnDemand is a perfect complement to Talent2’s existing learning and HR applications portfolio,” said Peter Goldrick, Asia-Pacific General Manager for Talent2’s Optimise division. “In the past year, we have seen significant growing interest and demand for integrated talent management software in markets such as Australia, Singapore, Hong Kong and Japan. With Cornerstone, we are now able to offer our clients a comprehensive, best-in-class learning and talent management software solution as an integral component of our Learning Outsourcing and talent management services.”
For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com.
Matt Lafata, HRchitect
Leave a Comment » | Uncategorized | Tagged: Adam Miller, Bersin & Associates, Charles Coy, Cornerstone OnDemand, HCM, HR Systems, HR Technology, HRchitect, HRchitect Beauty Pageant, Human Capital Management, Integrated Talent Management, Josh Bersin, Learning Management Systems, Matt Lafata, Talent Management Systems, Talent2, theHRshow, WebMingle | Permalink
Posted by mattlafata
August 14, 2009
Saba Centra Enables Organizations to Reduce Costs and Improve Collaboration Among Globally Distributed Employees, Customers and Partners
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 will appear 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.
Saba (NASDAQ: SABA), the premier people management software and services provider, today announced that it has been positioned in the Visionaries Quadrant of the 2009 Gartner Magic Quadrant for Web Conferencing.1 The Magic Quadrant positions vendors according to their ability to execute and their completeness of vision.
According to Gartner, “The demand for Web conferencing has increased due to economic pressures and recent enterprise concerns and mandates about reducing travel costs. Web conferencing tools are perhaps one of the easiest to measure from a return on investment (ROI) perspective. It is fairly easy to determine potential cost savings from travel reduction in replacing face-to-face meetings with Web conferencing. However, the benefits include more than just travel reduction. Web conferencing enables real-time interactive information sharing with use cases ranging from team collaboration to training and support.”
“Saba Centra is used by some of the world’s leading organizations like Deloitte, IBM, and the U.S. Army to facilitate high-impact Web conferencing, collaboration, and learning across their organizations,” said A.G. Lambert, vice president of marketing for Saba. “We believe being placed in the Visionaries Quadrant is confirmation of the value of providing our customers with proven, innovative Web conferencing that helps improve organizational effectiveness, creates a learning culture and delivers measurable ROI.”
As organizations continue to look at ways to reduce training and meeting costs, Saba Centra helps create an optimal online experience—regardless of location or platform—to drive increased adoption, connect people with expertise and improve organizational productivity. Designed to meet the needs of the enterprise, Saba Centra is an industry-leading Web conferencing and collaboration solution that enables employees, customers, and partners to learn, interact, and exchange knowledge online. By making it easy to capture and share knowledge as it happens, Saba Centra increases the value of session content and improves collaboration among globally distributed employees, customers, and partners.
For more information on Saba, please visit www.saba.com
Matt Lafata, HRchitect
Leave a Comment » | Uncategorized | Tagged: A. G. Lambert, Gartner Magic Quadrant, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, Integrated Talent Management, Learning Management Systems, Matt Lafata, Saba, Saba Centra, Talent Management Systems, theHRshow, Web Conferencing, WebMingle | Permalink
Posted by mattlafata
August 13, 2009
Named to Inc.’s 5000 Fastest Growing Companies list, GeoLearning is recognized for 34% revenue growth from 2005-2008.
HRchitect includes GeoLearning in our list of top Learning Management Systems that businesses should consider. GeoLearning competed in the HRchitect Beauty Pageant on Learning Management Systems in December 2008, where they were crowned the winner. Also, Todd Premo, Director of Solutions, and Chris Lennon, Senior Product Manager, from GeoLearning appeared on the HRchitect WebMingle on February 6, 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.
GeoLearning, Inc., the leading provider of on-demand learning and performance platforms, has been named to Inc. magazine’s list of the 5000 fastest-growing private companies in America. GeoLearning was ranked #4,426 on the 2009 Inc. 5000 list with a sales growth rate of 34% over the past three years. The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs.
Complete information on this year’s Inc. 5000, can be found at www.inc.com/inc5000. The list features a profile for each company, almost all of them written as a result of Inc. interviews with management. In addition, the list is searchable according to numerous criteria, including industry, city, state, region and year founded.
The Inc. 5000 is an extension of Inc. magazine’s annual Inc. 500 list and catches many businesses that are too big to grow at the pace required to make the Inc. 500, as well as a host of smaller firms. Taken as a whole, these companies represent the backbone of the U.S. economy. GeoLearning is a three-time Inc. 500 winner (2004 through 2006) and was named to the first ever Inc. 5000 list in 2007 and again in 2008.
“Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate,” said Inc. 5000 project manager Jim Melloan.
“It is a great honor to be recognized by Inc. for the sixth consecutive year,” said Frank Russell, president and CEO of GeoLearning. “The continued strength of our growth and financial performance is made possible by committed employees, world-class customers and a distinctive and scalable business model that has proven to be successful.”
GeoLearning’s award-winning, Web-based GeoMaestro and GeoExpress platforms and services have helped many enterprise and mid-market employers manage all forms of organizational learning—including traditional classroom instruction, online training and self-directed study—and drive demonstrated business value. In addition, GeoLearning has established one of the broadest partnership networks in the industry. With over 50 complementary, best-of-breed vendors, GeoLearning provides customers with a reliable, end-to-end learning and performance management solution.
For more information on GeoLearning, please visit www.geolearning.com
Matt Lafata, HRchitect
Leave a Comment » | Uncategorized | Tagged: Chris Lennon, Frank Russell, GeoExpress, GeoLearning, GeoMaestro, HCM, HR Systems, HR Technology, HRchitect, HRchitect Beauty Pageant, Human Capital Management, Inc. 500/5000, Jim Melloan, Learning Management Systems, Matt Lafata, Talent Management Systems, Todd Premo, WebMingle | Permalink
Posted by mattlafata
July 29, 2009
Addition of ResultsOnDemand Talent Development Suite Brings Improved Enterprise Performance Management to APT’s PerformMetrics Platform
HRchitect featured SumTotal Systems 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. SumTotal Systems participated in the Learning Management Systems panel on June 10, 2009 as part of theHRshow. Kimberley Kasper, VP of Marketing, and Jon Ciampi, VP of Product Management with SumTotal Systems appeared on the HRchitect WebMingle on May 1, 2009. SumTotal Systems also competed in the HRchitect Beauty Pageant on Employee Performance Management Systems in February 2009, where they were crowned the winner.
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.
SumTotal Systems, Inc. a market leader and a global provider of talent development solutions, today announced a partnership with APT, Inc, in which the company will offer SumTotal’s ResultsOnDemand Talent Development Suite as the foundation for APT’s online performance management solution: PerformMetrics. This integrated talent development suite will help customers employ legally defensible, streamlined HR processes to build and retain high-performing talent.
“SumTotal is thrilled to have a partner like APT that combines best-in-class expertise in organizational psychology with our comprehensive talent development platform to provide APT’s customers with a turnkey solution to manage and develop their workforces,” said Jon Ciampi, vice president, product management at SumTotal.
APT is well known for building job-specific, legally defensible talent management solutions for organizations of all industries. The joint solution will integrate APT competencies and best practices to provide world-class performance management and succession planning services.
“Implementing an online system for managing your workforce will only be successful if the content is tailored to specific job competencies and performance goals for individual employees,” said Dr. John C. Scott, chief operating officer at APT. “Through our partnership with SumTotal, we are now able to extend the value of our performance management offerings so that our customers can better guide and develop their talent effectively.”
For more information on SumTotal Systems, please visit www.sumtotalsystems.com
Matt Lafata, HRchitect
Leave a Comment » | Uncategorized | Tagged: APT, HCM, HR Systems, HR Technology, HRchitect, HRchitect Beauty Pageant, Human Capital Management, Integrated Talent Management, Jon Ciampi, Kimberley Kasper, Learning Management Systems, Matt Lafata, PerformMetrics, SumTotal Systems, Talent Management Systems, theHRshow, WebMingle | Permalink
Posted by mattlafata
July 29, 2009
Learn.com Named One of Florida’s Best Companies To Work For by Florida Trend Magazine…from Learn.com
Learn.com, the leader in on-demand workforce development and productivity today announced that the company has been named one of the best companies to work for in the State of Florida by Florida Trend Magazine and The Best Companies Group.
HRchitect includes Learn.com in our list of top Learning Management Systems vendors that businesses should consider. 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.
“We are honored to be named as one of Florida’s Best Companies To Work For. Learn.com has always been focused on building a strong corporate culture because we realize our people are our most precious asset. Our award-winning software is helping to change the way the world learns and it would be impossible to achieve that lofty goal without a truly amazing group of dedicated people. I am pleased to know that our employees are as excited to be at Learn.com as we are to have them here. We all work in a very fast paced and innovative environment and I could not imagine working with a more skilled, intelligent and fun group of people. It is an honor to be on the same team,” said Jim Riley, President and CEO of Learn.com.
To identify Florida’s best employers, Florida Trend partnered with the Best Companies Group, which surveyed all Florida firms that chose to participate. The first part of the survey involved a questionnaire about company policies, practices and demographics. The second part of the survey went to a sample group of each firm’s employees, who responded — anonymously — to 72 statements on a five-point agreement scale.
“Learn.com provides a unique environment in which highly talented individuals come together as a dynamic team to develop, sell and support the world’s premier Learning and Talent Management System, the LearnCenter platform. Each team member is continually challenged to higher standards of performance, to offer creative solutions and new ideas, and has the opportunity for professional growth and advancement. I look forward to coming to work every day,” said Michael Sabbag, Vice President of Talent Management at Learn.com.
For more information on Learn.com, please visit www.learn.com
Matt Lafata, HRchitect
Leave a Comment » | Uncategorized | Tagged: Florida Trend Magazine, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, Jim Riley, Learn.com, Learning Management Systems, Matt Lafata, Michael Sabbag, Talent Management Systems, Workforce Development | Permalink
Posted by mattlafata
July 22, 2009
HRchitect featured SumTotal Systems 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. SumTotal Systems participated in the Learning Management Systems panel on June 10, 2009 as part of theHRshow. Kimberley Kasper, VP of Marketing, and Jon Ciampi, VP of Product Management with SumTotal Systems appeared on the HRchitect WebMingle on May 1, 2009. SumTotal Systems also competed in the HRchitect Beauty Pageant on Employee Performance Management Systems in February 2009, where they were crowned the winner.
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.
SumTotal Systems, a market leader and a global provider of talent development solutions, today announced that Barbara Stinnett will assume the newly created position of President, effective immediately, as well as join the board of directors. In this role, she will be responsible for leading the company and all of its operations with the mission of advancing SumTotal’s integrated talent development strategy, while continuing to build best-in-class solutions around learning management, performance management and compensation.
Stinnett brings more than 25 years of enterprise software, services and solutions expertise to Sum Total, most recently as a co-founder and managing partner with Timmaron Capital Advisors. Prior to Timmaron, Stinnett was Executive Vice President and Chief Customers Officer (CCO) for i2, and previously held executive positions at Sybase and Hewlett-Packard. She has domain expertise across multiple functions, geographies, segments and industries, and is known for her customer-centric approach.
“I welcome the opportunity of building upon SumTotal’s established leadership in the talent development market, and am energized by the company’s stellar customer base, innovative and robust product offerings and strong management team,” said Barbara Stinnett, President of SumTotal. “SumTotal is truly a pioneer in the talent development space, and I look forward to expanding our expertise by further addressing the unique issues faced by each vertical industry to provide the most value to our customers.”
”Barbara is an industry veteran with a strong track record of managing transformations within organizations,” said Robert Smith, managing partner of Vista Equity Partners and SumTotal board member. “We are excited about the opportunity to work with Barbara and the management team to create a sustainable business that delivers the most value for SumTotal’s customers.”
As part of this announcement, SumTotal’s current CEO, Arun Chandra, will be stepping down as CEO, effective immediately.
“I’d like to thank Arun for his leadership and service to the company during his tenure, and in his effort to bring the company through the transaction of becoming private. His contributions are appreciated, and we wish him well in his new endeavors,” said Stinnett.
For more information on SumTotal Systems, please visit www.sumtotalsystems.com
Matt Lafata, HRchitect
Leave a Comment » | Uncategorized | Tagged: Arun Chandra, Barbara Stinnett, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, Integrated Talent Management, Jon Ciampi, Kimberley Kasper, Learning Management Systems, Matt Lafata, SumTotal Systems, Talent Management Systems, theHRshow, Vista Equity Partners, WebMingle | Permalink
Posted by mattlafata
July 21, 2009
Non-GAAP Earnings Grow 52% and Cash Increases 56% Over Prior 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 will appear 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.
Saba (NASDAQ: SABA), the premier provider of human capital management (HCM) solutions, today reported financial results for its fourth quarter and fiscal year ended May 31, 2009.
“We are very pleased to report record annual non-GAAP earnings and cash generation while increasing deferred revenue and maintaining solid revenue results,” said Bobby Yazdani, Chairman and CEO of Saba. “During the fiscal year, we achieved several key milestones as we strengthened our overall business model. We successfully streamlined our business to better match to our profitability objectives, signed a record number of new OnDemand customers, grew our total recurring revenues year over year and extended our partner relationships with the addition of IBM’s software group and Hewlett-Packard, as well as a number of regional alliance partners.”
Fourth Quarter and Fiscal Year 2009 Results
Fiscal fourth quarter revenue was $25.6 million compared to $28.2 million in the same period of the prior year. For the year ended May 31, 2009, revenue was $102.8 million compared to $107.8 million in the prior year. Assuming constant foreign currency rates, revenue in both the fourth quarter and fiscal year 2009 would have remained substantially similar to the revenue in the comparable periods of the prior fiscal year.
On a GAAP basis, net loss for the fourth quarter was $1.1 million, or $0.04 per share, compared to a net loss of $310,000, or $0.01 per share, for the same period of the prior year. GAAP net loss for the year ended May 31, 2009 improved by $1.2 million to $2.4 million, or $0.08 per share, compared to a net loss of $3.5 million, or $0.12 per share, for the prior year. Fourth quarter and fiscal year 2009 GAAP net loss included non-cash tax charges related to a prior acquisition of $1.2 million and $1.4 million, respectively.
On a non-GAAP basis, net income for the fourth quarter increased by $0.2 million to $2.2 million, or $0.07 per share, compared to $2.0 million, or $0.07 per share, for the same period of the prior year. Non-GAAP net income for the year ended May 31, 2009 improved by $2.2 million to $6.5 million, or $0.22 per share, from $4.3 million, or $0.15 per share, in 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, (iii) costs incurred related to potential strategic transactions that are no longer under consideration, (iv) restructuring costs, and (v) certain non-cash acquisition-related tax expenses. A reconciliation of GAAP to non-GAAP results is included in the financial statements accompanying this press release.
Cash balances increased 56% year over year to $26.0 million at fiscal year end. Deferred revenue at May 31, 2009 increased 13% to $35.3 million from $31.3 million at the end of the prior fiscal year.
Fourth Quarter Highlights
During the fourth quarter, Saba signed new customer contracts and expanded existing relationships with a number of organizations worldwide, including Autofin, AXA, Brinker International, City of Houston, Deloitte, Finning International, Grupo Comercial Chedraui, Liebherr Worldwide, Telekom Malaysia, Petróleo Brasileiro, Taylor, Bean & Whitaker, The Indian Hotels Company Limited, U.S. Army, and Unum Group.
In addition, key announcements by Saba in the fourth quarter included:
- An expanded relationship with IBM pursuant to which IBM will offer a new Learning Accelerator for WebSphere Portal that is based on Saba Learning. As part of this relationship, IBM announced that customers with active maintenance agreements for IBM Lotus Learning Management System or IBM Workplace Collaborative Learning will be entitled to Saba Learning licenses, provided they purchase support for Saba Learning from Saba.
- The appointment of Jeff Carr as President of Global Field Operations, assuming responsibility for the company’s worldwide field operations, including sales, professional services, alliances and customer success. Carr’s extensive experience includes executive roles with PeopleSoft and Taleo.
- Saba’s recognition as the provider with the most experience in large-scale implementations, according to the recently published Bersin & Associates study, LMS and Learning Platforms 2009: Facts, Practical Analysis, Trends, and Provider Profiles.
Fiscal Year 2009 Highlights
Saba signed 98 new enterprise customers, including Haier, Aircel, Vodafone Australia, Canada National Department of Defense, Media Saturn, Future Electronics, Sonic Automotive, Arvin Meritor, Sydney Water and BDO Stoy Hayward.
- Existing customers continued to standardize on Saba across the enterprise, including HP, Cisco, Intel, US Army, Ministerio De Defensa de España, Credit Suisse, Bank of America and Petróleo Brasileiro. Approximately 50% of product bookings came from our existing customers as they continued to expand their use of Saba.
- Saba OnDemand exceeded the three million user mark and continues to demonstrate superior scalability with 15 global deployments each having more than 50,000 users, seven of which have more than 100,000 users.
- Saba shipped new releases of Saba Centra and Saba Enterprise. The latest release of Saba Enterprise advances the value of unified people management with new talent, learning and performance management innovations. Saba Centra has new features to better support enterprise expertise sharing, including RSS publishing, one-click knowledge capture and enhanced evaluation and learning event administration.
- Saba also announced a number of industry accolades and awards garnered by its product offerings, including:
- Saba was positioned in Leaders Quadrant of the Gartner 2008 Magic Quadrant for Corporate Learning Systems;
- In the Bersin & Associates two part study, The Essential Guide to Performance Management Practices and The Essential Guide to Employee Performance Management Systems, Saba received the highest possible rating in all six core performance management areas;
- Saba received the top award in the “Excellence in LMS” category of Chief Learning Offer Magazine’s Learning in Practice Awards; and
- Saba received a Bersin & Associates Learning Leaders’ Award for vendor innovation, which recognized the Saba Knowledge Center for its ability to deliver Web 2.0 collaboration.
For more information on Saba, please visit www.saba.com
Matt Lafata, HRchitect
Leave a Comment » | Uncategorized | Tagged: A. G. Lambert, Bersin & Associates, Bobby Yazdani, Gartner Magic Quadrant, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, Integrated Talent Management, Jeff Carr, Learning Management Systems, Matt Lafata, Performance Management, Saba, Talent Management Systems, theHRshow, WebMingle | Permalink
Posted by mattlafata
July 15, 2009
Public webinar to be based on highlights of new Bersin & Associates report, The Career Factbook for HR and Learning Professionals
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.
Bersin & Associates, the only research and advisory firm focused on enterprise learning and talent management, today announced it will offer a free webinar, “Highlights from the New (and First) Career Factbook for HR and Learning Professionals.” The webinar will be presented by Josh Bersin, president, on Thursday, July 16, 2009, at 2:00 p.m. ET. To register, go to http://events.interwise.com/?p=501972&t=7&s=bersin.
During this webinar, Bersin will share findings from Bersin & Associates’ recently published study, The Career Factbook for HR and Learning Professionals, an in-depth analysis of the demographics and characteristics of today’s HR and learning profession. Based on key findings of a survey of more than 1,300 HR and learning professionals, the webinar will help attendees gain insight into which skills and experiences translate into professional success. The session also will include statistics and trends in these and other areas: career development, professional skills and competencies, compensation, and career satisfaction and progression.
“This study was designed with the particular goal of helping HR and L&D professionals and executives understand what really drives career success,” said Josh Bersin. “This webinar is an excellent opportunity for HR and L&D professionals – as well as business leaders and others who work with them – to see not only how they compare to peers worldwide in terms of skills and experience but the biggest challenges they face in organizations today.”
The Factbook can be downloaded for free by visiting http://marketing.bersin.com/HR_Career_Factbook.html.
Following are representative findings:
- HR and learning professionals are highly motivated by a desire to help people, improve their organizations, and gain the respect of their organizations. Compensation is a relatively low driver of job satisfaction in most areas of the profession.
- Experience, rather than education, is the biggest differentiator between executives and practitioners in the HR and learning profession. Most executives have line-of-business experience and emphasize skills such as planning, communication, and budgeting.
- The profession is comprised of highly educated individuals. Thirty-four percent of respondents have bachelor’s degrees, 51% have master’s degrees, and 7% have doctorate degrees. Generally, individuals are highly tenured. More than 40% have fifteen or more years in the profession; 66% have ten years or more. Sixty-two percent of individuals in the profession are female; yet senior HR and learning executives are more likely to be male.
- Average compensation ranges $67,381 for those with two to five years of experience to $115,200 for those with 15 or more years of experience. Managers can expect to earn 7% more than non-managers, directors can expect to earn 42% more than managers, and vice presidents and other senior executives can expect to earn 25 to 30% more than directors. But, it’s important to note that compensation is near the bottom of the list of motivators for those in the HR and learning profession.
- Professionals highly value talent management software, learning management software, assessment solutions, and executive coaches as important support resources for their organizations. Applicant tracking systems, HR technology consultants, and strategic HR consultants were rated lowest in perceived value.
For more information on Bersin & Associates, please visit www.bersin.com
Matt Lafata, HRchitect
Leave a Comment » | Uncategorized | Tagged: Applicant Tracking Systems, Bersin & Associates, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, Josh Bersin, Learning Management Systems, Matt Lafata, Talent Management Systems | Permalink
Posted by mattlafata
June 27, 2009
Learn.com, the leader in on-demand workforce development and productivity, announced today that David Wilkins, former Senior Director of Product Strategy at Mzinga (formerly KnowledgePlanet) has been named the company’s Executive Director of Product Marketing.
HRchitect includes Learn.com in our list of top Learning Management Systems vendors that businesses should consider. 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.
“As Learn.com continues to grow, we wanted a seasoned professional to help shape our message and provide strategic insight into market direction and emerging growth opportunities. We are confident Dave has the passion, leadership, strategic vision, and the deep industry experience to help Learn.com extend its existing industry leadership and historical position as the #1 vendor in our space,” said JW Ray Chief Operating Officer at Learn.com.
In his new role, David will assume oversight of all product marketing activities at Learn.com, including market requirement documents, analyst relationships, and product messaging. David has over 15 years of experience in the learning and social networking space in various roles, including senior positions in product development, sales support, and product marketing.
As a well-known industry thought leader, David has spoken at over 40 conferences and has been published in every major trade magazine in the learning and talent management space, including Talent Management, Chief Learning Officer, T+D, Training, Learning Solutions, and Learning Circuits. David has also been an early adopter of social media technologies such as Twitter, and is a recognized expert in the emerging concept of social learning.
“I am thrilled to be a part of the Learn.com team. For some time now, I’ve been keenly interested in the merger between traditional talent development practices and social talent management models. With its comprehensive suite of tools and services, Learn.com is the company best positioned to address both the formal and social aspects of talent development,” said David Wilkins, Executive Director of Product Marketing at Learn.com.
For more information on Learn.com, please visit www.learn.com
Matt Lafata, HRchitect
Leave a Comment » | Uncategorized | Tagged: David Wilkins, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, JW Ray, KnowledgePlanet, Learn.com, Learning Management Systems, LMS, Matt Lafata, Mzinga, Talent Management Systems | Permalink
Posted by mattlafata
June 24, 2009
Special Offer for SumTotal Customers Makes it Easy to Migrate to Saba Learning and Implement a Solid Foundation for People Management that Drives Organizational Transformation
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 will appear 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.
Saba (NASDAQ: SABA), the premier people management software and services provider, today announced a groundbreaking learning management system (LMS) exchange as a limited-time offer for qualified SumTotal customers. Available now, this offer is designed to provide an option for SumTotal customers to take advantage of Saba’s award-winning people management solutions at attractive prices.
“By electing to participate in the exchange program, customers will be gaining a business partner that is dedicated to continued investment in innovation as well as support for both OnDemand and on-premise customers,” said A.G. Lambert, vice president of marketing for Saba. “We are pleased to provide customers facing uncertainty in their vendor’s product investment and direction with a cost-effective alternative that can mitigate risk.”
By selecting Saba, organizations are partnering with the market leader. Saba’s financial strength, product breadth, and worldwide customer depth have positioned Saba at the forefront of the learning technology marketplace. Saba recently received the Bersin & Associates Learning Leaders Award for Vendor Innovation, where the Saba Knowledge Center was recognized for its ability to deliver Web 2.0 collaboration, recommendation, and search capabilities that improve learning effectiveness. In addition, Chief Learning Officer Magazine awarded Saba with the top prize, Gold, in the “Excellence in LMS” category for the publication’s Learning in Practice Awards.
About the SumTotal Learning Exchange Offer
The exchange program is available to all current SumTotal learning customers irrespective of their deployment model. The exchange program provides participating customers with the ability to select Saba Learning either on premise or OnDemand, with discounts available for each. For customers electing to take advantage of a more complete approach to organizational learning that includes social learning, virtual classrooms, and enterprise-wide knowledge capture, the exchange program also provides additional incentives for Saba Centra and Saba Collaboration.
In order to streamline the transition to Saba Learning, Saba offers a proven migration methodology and toolset. The Saba migration methodology and toolset was developed and validated in conjunction with converting to Saba Learning more than 100 customers previously using a different LMS.
Qualified SumTotal customers will have until November 30, 2009, to take advantage of the Saba offer. For more information, please visit http://www.saba.com/products/sumtotal-replacement/
Matt Lafata, HRchitect
Leave a Comment » | Uncategorized | Tagged: A. G. Lambert, Bersin & Associates, HCM, HR Systems, HR Technology, HRchitect, Human Capital Management, Integrated Talent Management, Learning Management Systems, LMS, Matt Lafata, Saba, SumTotal Systems, Talent Management Systems, theHRshow, WebMingle | Permalink
Posted by mattlafata
June 17, 2009
HRchitect featured SilkRoad in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. SilkRoad participated in the Onboarding Systems panel on June 10, 2009 as part of theHRshow2009 event. SilkRoad competed in the HRchitect Beauty Pageant on Onboarding Systems in January 2009 where they were crowned the winner. Brian Platz, EVP and COO of SilkRoad also appeared on the HRchitect WebMingle on March 20, 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.
SilkRoad technology, inc., the leading provider of talent management solutions, announced today MasTec has selected SilkRoad’s GreenLight learning management solution. With GreenLight, MasTec will be able to manage all online training programs and course creation. GreenLight is the fourth Life Suite solution MasTec has added to their talent management solution set.
As a leading specialty contractor for communications companies, utilities and governments throughout the United States, MasTec believes their greatest asset is their people. Their commitment to the development and retention of their employees is evidenced in the steps they take to provide employees with the materials, knowledge, and skills they need to succeed.
“Our team at SilkRoad has been extremely reliable and helpful throughout our implementation with OpenHire, RedCarpet, and WingSpan, and we are very much looking forward to implementing GreenLight,” said John Wolhfert, Director, Human Resources Infrastructure, MasTec. “MasTec is very committed to providing our employees with the tools they need to succeed; we have found SilkRoad’s Life Suite to be invaluable to our organization, and have been very pleased with how well the solutions work together to manage the employee life cycle.”
SilkRoad’s learning management solution, GreenLight, allows organizations to centrally manage the entire process of creating, delivering, and tracking online and offline training programs for a global workforce. Delivering incredible flexibility, the learning process has never been easier. GreenLight enables organizations to create, capture, assemble, publish, deliver and store content, as well as share learning objects and manage learner performance data.
Including the basic management of classroom and standards-based eLearning training interventions, the GreenLight solution will manage and track student marks and progress for SCORM or AICC compliant Web-based training, instructor-led courses (training events) and on-the-job training (assignments). In addition, this powerful tool enables organizations to create a unified experience and consistent brand for their employees through sophisticated multi-language content management and user-configurable “skins.”
For more information on SilkRoad, please visit www.silkroad.com
Matt Lafata, HRchitect
Leave a Comment » | Uncategorized | Tagged: HRchitect, Matt Lafata, Integrated Talent Management, Performance Management, Talent Acquisition Systems, Talent Management Systems, Learning Management Systems, Onboarding, OpenHire, RedCarpet, HRchitect Beauty Pageant, theHRshow, WebMingle, Applicant Tracking Systems, GreenLight, Brian Platz, WingSpan | Permalink
Posted by mattlafata
June 16, 2009
Plateau Talent Management Suite Version 6.1 Highlights Include New Organizational Dashboards, Enhanced Performance Review Capabilities and a Streamlined User Interface
HRchitect featured Plateau 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 Learning Management Systems vendors that businesses should consider. Plateau participated in the Learning Management Systems panel on June 10, 2009 as part of theHRshow2009 event. Jeff Kristick, Sr. VP Marketing of Plateau Systems appeared on the HRchitect WebMingle on April 3, 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.
Plateau Systems, a leading provider of talent management software, services and solutions, today announced the latest release of the company’s industry leading talent management suite. Featuring new, powerful and flexible talent planning capabilities, Plateau Talent Management Suite version 6.1 takes talent management to the next level by enabling organizations to implement an effective talent management strategy that will engage, develop and retain high performing workforces and create operational efficiencies that help organizations maximize their investment in talent management initiatives.
Plateau Talent Management Suite version 6.1 is an enterprise class on-demand application that consists of Plateau Learning, Plateau Performance, Plateau Compensation and Plateau Career and Succession Planning. Plateau OnDemand is in use by over 2.5 million users worldwide with some of the largest software-as-a-service deployments in the talent management space including six production customers with over 100,000 users each. This release introduces significant usability advancements and offers innovative tools for end users, managers, and organizational owners to better align individual development and performance with the achievement of corporate business goals. Specific product highlights include:
- Organizational Dashboards introduce key functionality that allows managers to have a finger on the pulse of the organization, enabling them to be proactive in providing the direction and actions required to meet company initiatives, maintain compliance, and meet goals and deadlines.
- Enhanced Performance Review Capabilities that streamline processes and provide more efficient and effective navigation, simplifying the performance review process for both users and supervisors.
- Streamlined User Interface provides a reorganized interface integrating the entire talent management application, effectively breaking down the barriers that exist between different areas of the application. The home page provides a launching pad for talent management processes, and includes new features that allow for easier access to common tasks, your to do list, and key performance indicators for important talent management processes.
“The talent management challenges facing today’s organizations are complex and rapidly changing,” said Paul Sparta, Chairman and CEO, Plateau Systems. “The complexities of today’s economic environment necessitate organizations to better align the goals and development of individuals with the overall strategy and goals of the company. This alignment will maximize productivity gains while increasing operational efficiencies across the organization. Our latest release arms users with the information and enhancements they need to quickly address these challenges.”
According to recent research from Gartner , “Talent Management application investment can help, in the short term, to improve employee productivity and lower costs while reducing risks in critical roles. …Short-term investments in talent management applications build the foundation for longer-term benefits by enabling organizations to understand how talent-related investments drive specific business outcomes….Enterprises face significant talent challenges, yet HR organizations have difficulty building a strong business case for talent management application investments. The current economic challenges make it more important for HR organizations to focus more on short-term productivity improvement and cost and risk reduction, in addition to the longer-term strategic value.”
Availability
Plateau Talent Management Suite 6.1 will be generally available next month, and will be available on-demand or on-premise. Additional information on the features available in Plateau Talent Management Suite 6.1 is available online at http://www.plateau.com/6.1. For more information on Plateau, visit www.plateau.com.
Matt Lafata, HRchitect
Leave a Comment » | Uncategorized | Tagged: career planning, Compensation Management, Gartner, HRchitect, Integrated Talent Management, Jeff Kristick, Learning Management Systems, Matt Lafata, Paul Sparta, Performance Management, Plateau Systems, Succession Planning, Talent Management Systems, theHRshow, WebMingle | Permalink
Posted by mattlafata
