Nemours Leverages Saba People Cloud Applications for Enterprise-Wide Electronic Health Records Training and Compliance…from Saba

January 13, 2012

 

The Saba People Cloud Assists Visionary Healthcare Provider in Delivering Award-Winning Service

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 that leading pediatric healthcare system Nemours, is using Saba People Cloud Applications  to accelerate enterprise-wide learning and compliance with its Electronic Medical Record (EMR) system. Using Saba’s Learning Management System (LMS), delivered through the Saba People Cloud, Nemours is providing access to the critical training necessary to maintain high employee performance and safety.

Nemours’ robust EMR system, Epic, is used by more than 3,600 employees on a daily basis; compliance requires that each employee also complete training annually. Using the Saba People Cloud’s scalable and interactive Web-based training, Nemours is able to meet rising demand by its 4,800 employees for more flexible training. Standardized governance and ongoing course development has also accelerated the adoption of EMR technologies and as a result has improved clinical use of the EMR and enabled Nemours to be more agile and responsive to market demands.

Key Business Benefits and Accolades

  • Faster on-boarding with online skill-based training
  • Enhanced patient care and improved staff efficiency
  • Highest-level of compliance set forth by The Joint Commission and OSHA
  • Improved tracking of course completions  and signoffs
  • Enabled support for SCORM-based, off-the-shelf, and customized courses

Industry recognition, including:

  • The 2010 Healthcare Information and Management Systems Society (HIMSS) Davies Award, which recognizes outstanding achievement in the implementation and value from health information technology, specifically EMRs.
  • The HIMSS Analytics Stage 7 Award, which  honors hospitals that operate in a paperless environment and represent best practices in implementation of the EMR
  • Named “Most Wired Hospital for 2011″
  • Nine “Best Awards” for medical specialty care in the 2011-2012U.S. News & World Report edition of “Best Children’s Hospitals.”

Additionally, Saba Learning Management supports the Sharable Content Object Reference Model (SCORM) content standard allowing Nemours access to off-the-shelf content as well as internally developed training.  As a result, Nemours has been able to build a library of more than 1,500 courses to create knowledge-sharing among the entire enterprise value chain, including the organization’s 4,800 associates, plus over 1,000 residents, students and community physicians.

Supporting Quotes

“The Epic EMR solution is at the heart of everything we do here, and no one receives access without proper training,” said Heather Kelley, supervisor, instructional designers, Nemours.  ”Saba’s People Cloud Applications have helped us accelerate the adoption of EMR by providing role-based training to learners, and achieve the highest level of healthcare compliance, which is critical to success in our industry.”

“People are an organization’s most valuable asset. Providing both formal and informal learning that is scalable and interactive is critical, especially when rolling out an enterprise-wide technology initiative that impacts the lives of hundreds and thousands of patients on a daily basis,” said Karen Steele, senior vice president, corporate marketing, Saba. “Saba provides Nemours with the ability to customize training for doctors, nurses, residents and other staffers, which, in turn, positively affects patient experience. We look forward to continuing to work with Nemours to both raise the bar in patient care and enable successful development of their people.”

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 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 Announces Second Quarter Fiscal Year 2012 Results…from Saba

January 7, 2012

 

  • Cloud billings grew 89% year-over-year
  • Cloud deferred revenue grew 113% year-over-year
  • Cloud revenue grew 64% year-over-year
  • Subscription revenue grew 23% year-over-year; representing 63% of total revenues
  • Subscription gross margin expanded to 77%
  • Total deferred revenue increased 33% year-over-year to $47.3 million

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 reported financial results for its second quarter ended November 30, 2011.

“With cloud billings growing over 80% for the second straight quarter, we believe we have emerged as one of the fastest growing public cloud businesses,” said Bobby Yazdani, Founder and CEO, Saba. “We signed twice as many one million dollar deals this quarter as we did last quarter, and in the second quarter alone, we added over one million subscribers to the Saba People Cloud.”

Results for the Second Quarter Fiscal Year 2012

Revenues: Total GAAP revenues were $30.4 million in the second quarter of fiscal year 2012, up 4% from $29.2 million in the same quarter last year. Total non-GAAP revenues in the second quarter of fiscal year 2012 were $30.6 million, up 5%, compared to $29.2 million in the same quarter last year. On a GAAP basis, cloud revenues in the second quarter increased 64% to $9.7 million from $5.9 million in the same quarter of the prior year. Non-GAAP revenues reflect the impact to revenue of fair value adjustments to deferred revenue due to acquisitions.

Deferred Revenue: Total deferred revenue was $47.3 million at the end of the second quarter of fiscal year 2012, up 33% year-over-year. Deferred revenue from cloud subscriptions grew 113% year-over-year to $23.8 million at the end of the second quarter.

Earnings (Loss) per Share: GAAP loss per share was $0.16 in the second quarter of fiscal year 2012 compared to a loss per share of $0.03 in the same period last year. Non-GAAP loss per share was $0.10 in the second quarter of fiscal year 2012 compared to earnings per share of $0.02 in the second quarter of the last fiscal year.

Our non-GAAP results are calculated by adjusting GAAP results for the impact of certain items including (i) non-cash amortization of intangibles, (ii) non-cash share-based compensation expenses, (iii) non-operating reorganization costs, (iv) the impact to revenue of fair value adjustments to deferred revenue due to acquisitions and (v) other acquisition related costs. A reconciliation of GAAP to non-GAAP results is included in the financial statements accompanying this press release.

Cash: Cash used in operations was $4.4 million in the second quarter of fiscal year 2012, and cash and cash equivalents at November 30, 2011 were $15.0 million. Saba typically uses cash in the first half of the fiscal year and generates positive cash flow in the second half of the fiscal year due to strong subscription renewals in the third and fourth quarters.

Key Business Highlights: Saba added 29 new enterprise customers in the quarter including Vodafone, Royal Dutch Shell, ANZ Bank, Weight Watchers, and National Multiple Sclerosis Society.

During the quarter, Saba established a strategic partnership with Workday where Saba People Cloud solutions will be tightly integrated with Workday HCM. Saba also formed a cross-selling relationship with Kronos. Saba’s industry-leading learning and talent management solutions will be combined with Kronos® recruiting and workforce management suite to offer an end-to-end solution to support the entire hourly employee life cycle.

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 any obligations to update these forward-looking statements.

For fiscal year 2012, ending May 31, 2012, Saba reiterates its forecast of total GAAP revenues to be in the range of $130 million to $133 million and total billings to grow in the range of 16% to 18% in fiscal year 2012 over fiscal year 2011.

Since the Company has successfully transformed to a cloud business, Saba is introducing guidance for cloud billings for fiscal year 2012. Management believes this key metric better reflects the core growth of the company. Saba forecasts cloud billings to grow in excess of 60% in fiscal year 2012 over fiscal year 2011.

The Company also reiterates its forecast for GAAP net loss to range from $0.39 to $0.45 per share and non-GAAP net loss to range from $0.17 to $0.23 per share. Saba also confirms that it expects to return to non-GAAP profitability in the second half of fiscal year 2012.

Fiscal year 2012 non-GAAP outlook excludes certain items including non-cash amortization of intangibles, non-cash stock-based compensation expenses, the impact to revenue of fair value adjustments to deferred revenue due to acquisitions, other acquisition related costs and non-operating reorganization costs.

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 Recognized as a Leader in Leading Analyst Firm’s Magic Quadrant for Web Conferencing…from Saba

December 14, 2011

 

Saba Centra Real-Time Collaboration Leverages the Advent of Social Media and Mobile to Enable Organizations to Meet the Challenges of a New World of Work

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 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 that Gartner, Inc. has positioned Saba as a “Leader” in the 2011 “Magic Quadrant for  Web Conferencing” report. The report provides guidance for organizations that are looking to implement Web conferencing solutions for benefits such as increased collaboration, cost savings and reduced business travel. It positions vendors based on their completeness of vision and ability to execute.

Gartner Comments:
“The growth of Web conferencing has continued, driven by  cost-saving initiatives and improvements in the technology’s ease of use and  performance.”

“The worlds of social media, collaboration and enterprise applications are starting to merge, bringing real-time capabilities to business process and personal productivity applications.”

“Real-time and conferencing functions are appearing as components of larger collaboration platforms and portfolios. The market is shifting so that real-time and conferencing functions are becoming embeddable capabilities.”

“Bandwidth concerns are increasing as companies look to add video and expand the scale of conferencing sessions.”

Supporting Quotes
“With Saba Centra Real-Time Collaboration, we can connect visually with our students to reap the benefits of face-to-face communications. Additionally, with a highly dispersed and mobile student body, it is critical for us to have the most forward-looking technology that works on mobile devices, such as the iPhone and iPad,” said Becky Vasquez, chief technology officer, Embry-Riddle. “Since our launch of EagleVision, our virtual classroom using Saba Centra Real-Time Collaboration, the reviews from both faculty and students have been very positive and student participation has increased nearly 100 percent in the past year alone.”

“Saba Centra Real-Time Collaboration allows us to easily connect with a large, dispersed audience of sales, management and technical training professionals. We conduct meetings, training sessions, virtual trade shows, sales events, and coaching for new hires, all of which are stored in a content library of recordings that employees can access anytime, anywhere from any device,” said Rick Vlahos, executive director, Hearth Patio & Barbecue Education Foundation. ”We have employees scattered all over the US and Canada, including in rural areas with marginal Internet connections.

Accessibility to content and the ability to collaborate are key requirements for our organization; employees have found Saba Centra Real-Time Collaboration to be the most convenient and user-friendly solution.”

“With an increasingly global and dispersed workforce, real-time collaboration in a visual format is becoming key for enhanced engagement, collaboration and innovation,” said Emily He, vice president of product marketing, Saba. “Additionally, as the market evolves, we continue to leverage integration with Saba’s award-winning learning management, talent management and enterprise social networking solutions to provide customers with a unified platform that enables organizations to be better prepared for the new world of work.”

Saba Centra Real-Time Collaboration Highlights
Saba Centra Real-Time Collaboration is an industry-leading Web conferencing, online meeting, virtual classroom, and webinar solution that enables an organizations extended enterprise, including employees, customers, and partners, to interact, communicate, share, and exchange knowledge in real-time. By making it easy to capture and share knowledge as it happens, Saba Centra Real-Time Collaboration increases the value of session content and improves collaboration among globally dispersed workforces and ecosystems.

Combining real-time collaboration capabilities (like video conferencing, VoIP audio conferencing, text chat, and application sharing) with enterprise social networking capabilities (including the ability to create collaborative groups, publish content to YouTube-like video channels, and access information through interactive mobile Apps on iPhone or iPad), Saba Centra Real-Time Collaboration is transforming how work gets done beyond meetings in a next-generation collaboration platform. In addition, Saba Centra Real-Time Collaboration provides seamless integration with Saba Learning Management, Talent Management,  and Enterprise Social Networking.

Its dynamic, interactive environment provides the experience of in-person sessions without incurring the costs of travel. Saba Centra Real-Time Collaboration provides options to use VoIP, teleconference, or a mix of both in any session. Saba Centra Real-Time Collaboration is available in the Cloud and on-premise. The solution is also available on PC, Mac, Linux, iPhone and iPad.

About the Saba People Cloud

Saba People Cloud Applications, including Saba Centra Real-Time Collaboration, help organizations transform their business by enabling them to:

  • Accelerate innovation by tapping into social and mobile capabilities to engage and connect employees to the right people, information, and ideas throughout the people network to drive new innovation and faster time to market.
  • Mobilize their people network for speed and agility to seize new opportunities through complete talent visibility and mobility. The Saba People Cloud provides organizations with visibility into all of the skills, experience, competencies, and connections of the people in their people network, as well as the ability to quickly align them to new business initiatives.
  • Cultivate a development culture inside and outside their organization to arm their people network with the knowledge they need, when they need it, to excel at their jobs, develop in their careers, and drive higher performance.
  • Leverage the Cloud with a completely unified, multi-tenant SaaS solution architecture and infrastructure that reduces costs, speeds time to benefit, and provides the flexibility to scale globally and adapt locally to fit your operational and financial needs.

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 Announces Learning Management Exchange Program for Plateau and SuccessFactors Customers…from Saba

December 7, 2011

 

Special Offer Provides Access to the Saba People Cloud to Leverage an Organization’s Most Valuable Competitive Advantage — Its People

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 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 a learning management exchange program for qualified SuccessFactors learning customers (formerly Plateau). Available now, this offer is designed to give SuccessFactors customers the opportunity to switch, risk-free, to the Saba People Cloud platform, which includes its award-winning Saba Learning Management application. Saba delivers seamless blended learning in the industry’s only unified People Cloud platform to help organizations transform the way they work, thereby driving productivity to the extended enterprise, achieving greater compliance, mitigating risk, shortening time to productivity, and accelerating the pace of innovation.

Qualified SuccessFactors customers with active contracts will be entitled to a significant discount of Saba’s People Cloud platform, including equivalent subscription contracts at no charge for up to one year. Additionally, Saba will include Saba Centra Real-Time Collaboration and Saba Social with these exchanges at no additional charge for up to one year. Migration programs, tools, and special services packages will also be available to reduce the time, expense and risk of moving to the Saba People Cloud platform. With enterprise social networking, informal learning and real-time collaboration all in one unified platform, organizations can improve ROI, enhance engagement, and cultivate a true talent development culture. This exchange program is in effect and available immediately; qualified SuccessFactors customers will have until May 31, 2012 to take advantage of this special Saba offer.

“Saba continues to focus on delivering exceptional customer success, as well as an innovative and compelling product roadmap, which is aligned with our vision to enable organizations to transform the workplace for competitive advantage,” said Karen Steele, senior vice president corporate marketing, Saba. “Through this learning management exchange program, we are making it easy for organizations to improve how all of their people learn, grow and meet the challenges of a new world of work.”

The Saba People Cloud

The Saba People Cloud is a unified, people-centric and social platform designed to transform the way people work. Saba People Cloud Applications include Learning Management, Talent Management, Enterprise Social Networking and Real-Time Collaboration, all of which help organizations become more competitive through increased visibility, speed and agility. The Saba People Cloud is highly scalable and interoperable with HRIS, financial, and ERP systems. Additionally, the platform is built to help organizations and their people be more competitive by enabling:

  • Global and local scale to the level, reach and complexity customers need from a single, open platform
  • Prescriptive analyses of past behaviours, training and performance for actionable insights
  • Always on, always accessible collaborative environment designed to work across the entire people network to ensure access to everyone in the entire value chain anytime, anywhere and from any device.

 

Market Leading Learning Solution

Saba Learning Management provides unique capabilities to support sophisticated extended enterprise learning. With its mobile and social learning capabilities, it allows employees, customers and partners to rapidly connect, share, and retain the knowledge. Saba has received numerous accolades for its Learning Management Application, including:

 

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, please visit www.HRchitect.com

 
Matt Lafata, HRchitect

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Customers Leverage the Saba People Cloud to Collaborate Across their Extended Enterprises…from Saba

December 1, 2011

 

Enterprises Adopt Saba’s Award-Winning People Cloud Applications to Mobilize Their People Networks for Increased Visibility, Speed and Agility

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. 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 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 that customers, including Allina Hospitals and Clinics, IHG (InterContinental Hotels Group) and SMART Technologies, are adopting Saba People Cloud Applications to collaborate across their extended enterprises. Saba People Cloud Applications include Learning Management, Talent Management, Enterprise Social Networking and Real-Time Collaboration, all of which help organizations become more competitive through increased visibility, speed, and  agility.

“Today’s businesses are being driven to find ways to remain competitive and embrace social computing across their people networks as their workforce, suppliers, distributors, and customers become more globally dispersed,” said Bobby Yazdani, founder and CEO, Saba. “In response, we are helping organizations embrace this change and transform the way they collaborate and work. Our approach is working as more companies are adopting Saba People Cloud Applications across the extended enterprise to increase the speed of business, improve visibility, and become more adaptable.”

“There is a need in the marketplace for vendors to provide solutions with broad and deep learning management, talent management and social capabilities to support knowledge sharing and visibility across the entire people value chain. This evolved culture of knowledge sharing promotes learning and trust, and fosters agility and speed of business initiatives among employees, suppliers, customers and partners,” added Mark Smith, CEO and Chief Research Officer, Ventana Research.

The success of Saba’s customers coincides with the rapid adoption of social computing, which is becoming critical to the modern day workplace. Forrester predicted in their report, “The Next Frontier for Enterprise Social” that by the end of this year more than half of enterprises in the US and Europe will have enterprise social technologies deployed.”

Customer Highlights

Allina Hospitals and Clinics: As the largest health system in Minnesota, Allina Hospitals and Clinics aims to connect both internal and external users to important organizational events and collaborative online classes. Through Allina’s learning management system (LMS), powered by Saba Learning Management and Saba Collaboration, 24,000 employees, 5,000 physicians and 2,500 volunteers can set up and manage their own communities; participate in discussions; post and answer questions; and share in the collaborative creation of content, encouraging informal learning within the employee base.

IHG (InterContinental Hotels Group): IHG uses Saba applications to enable enterprise-wide success in employee learning and development. IHG’s global LMS is the system of record for employees to access standardized information worldwide at all IHG hotels. In addition, IHG’s e-learning, virtual instructor-led classroom, talent management and collaboration processes are all rooted in Saba applications, allowing IHG employees to work together across a number of regions and keep aligned with corporate messaging.

SMART Technologies:  The Saba People Cloud has enabled SMART Technologies to provide expanded and enhanced training to a growing global community of 40,000 educators, businesspeople, sales partners and employees in the use of SMART Board™ interactive whiteboards and other technology-enabled learning and collaboration solutions. Each month, SMART Technologies receives 10,000 course registrations for its interactive, online learning courses. “With Saba People Cloud Applications, we can conduct needs assessments and direct users to recommended learning paths leading to credentials for educators, as well as certifications for business people,” said Wayne Williams, manager of learning systems for SMART Technologies.

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

 
Matt Lafata, HRchitect

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Saba and Management Innovation eXchange to Unveil Social Business Initiative to Reinvent Management at Enterprise 2.0 Conference…from Saba

November 11, 2011

 

Innovative New Social Initiative to Transform the Workplace in 21st Century Organizations

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. 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 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, recently announced that it will be unveiling the details of a new, innovative project with the Management Innovation eXchange (MIX) at the Enterprise 2.0 Conference in Santa Clara, CA on November 14–17, 2011. The details of this new initiative will be announced during the keynote panel, “Inventing Management 2.0: Lessons From the Fringe” featuring Polly LaBarre, co-founder and editorial director of the MIX, from 4:30–6:00 p.m. on the opening day of Enterprise 2.0, November 14, 2011. Saba and MIX speakers will also present in several panels in the “People and Culture” track on November 15, 2011.

The initiative will be facilitated by Saba and the MIX in conjunction with the Enterprise 2.0 Conference. The large-scale project involves progressive thinkers from around the globe in a distributed problem-solving effort to explore the ways in which the new social, mobile Web will transform the workplace and change how large organizations are run and managed over the next decade.

Saba and the MIX will be unveiling additional details of this initiative during the conference in Booth 411. Additionally, the two organizations will be sponsoring the official Enterprise 2.0 attendee party from 6:00–7:30 p.m. on November 15, 2011, at the Hyatt Regency in Santa Clara, CA. Management experts from the MIX as well as progressive management practitioners, technologists, and thinkers from the Enterprise 2.0 community will be in attendance.

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

 
Matt Lafata, HRchitect

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Saba Partners with Workday to Bring Cloud Learning and Human Capital Management Solutions to Customers…from Saba

October 26, 2011

 

Industry Leaders Align to Provide Award-Winning Solutions to Enable a Transformative Workplace

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. 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 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 at Workday Rising 2011 that it has established a new partnership with Workday, a leader in SaaS-based enterprise solutions for global human capital, payroll and financial management, to provide enterprise-class learning and human capital management (HCM) solutions to joint customers in the cloud. Saba’s leading learning management solutions, delivered via the Saba People Cloud, will be tightly integrated with Workday HCM.

The two organizations’ complementary solutions will provide customers a broad portfolio of human capital management and enterprise learning solutions to drive business impact.

In addition, Saba will use Workday Studio, a powerful development tool that builds sophisticated and highly customizable integrations to and from Workday. Using Workday Studio, a component of Workday’s Integration Cloud, joint customers will be able to reduce cost of integration and speed time to deployments.

Supporting Quotes
“Our customers look for strong integration with best-in-class cloud business applications that deliver greater productivity for their people,” said Jeff Carr, president, global field operations.  “We’re very excited about this partnership with Workday, as it will allow Saba and Workday to provide significant value to our joint customers around the globe by delivering an integrated and unique customer experience.”

“We are pleased to have Saba join the Workday ecosystem and leverage the Workday Integration Cloud,” said Jeff Pulver, Workday’s vice president, business development. “Many of Workday’s customers are looking for an integrated HCM and learning solution and Saba has a great track record of success.”

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

 
Matt Lafata, HRchitect

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Saba Drives Significant Momentum in EMEA With Strong Customer Wins, New Offices, and Strategic Partnership…from Saba

October 12, 2011

 

With 23+ Million Worldwide Users, Saba Continues to Add Key Enhancements to Its People Cloud Applications to Meet Growing Global Demand

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. 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 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 continued momentum in the EMEA region during its first quarter of fiscal year 2012, which ended August 31, 2011. Milestones achieved in the quarter in EMEA included increased adoption of Saba solutions, new alliance partnerships, and the opening of two new offices. Saba also enhanced product capabilities across Saba’s suite of People Cloud applications and increased the number of worldwide users to 23 million, as organizations increasingly turn to Saba to better leverage their most important assets — their people and people networks.

According to PwC’s 14th Annual Global CEO Survey, organizations are increasingly realizing that despite high unemployment in mature markets like the United States and Western Europe, there are still major skills shortages around the world. Simultaneously, in high-growth markets like China, Brazil, and India, there is fierce competition for a limited pool of top talent. This means that organizations cannot rely on recruiting and hiring from the outside and must be much smarter about internal talent reviews, calibration, learning, knowledge sharing, and mobility.

“Retaining and nurturing the best people and focusing on people as the core strategy are critical in today’s competitive market,” said Bobby Yazdani, CEO and founder of Saba. “We are enabling our customers to cultivate a knowledge-sharing and learning culture to address global challenges of hyper-competition, workforce complexity, and shorter product life cycles. Our rapid customer adoption in EMEA is validation that our strategy is working, as we begin to realize our vision for the industry’s first, unified People Cloud offering that enables organizations to become transformative, smarter, and more adaptable to the changing world of work.”

Significant Customer and Partner Growth

Over the past six months Saba has witnessed rapid adoption of its People Cloud applications across EMEA, adding new customers and partners, as well as seeing increased adoption of its broad solution set by existing customers.

 

  • New customers include organizations such as Apollo-Optik (Germany’s leading optician); Axel Springer AG, Lancashire County Council, Landesamt fur Finanzen, Metro Ag,  PKO Bank Polski (Poland’s largest bank), and Springer Medicine (the leading CME-Academy provider)
  • Saba also announced an important new partnership with British Telecom to provide a fully managed people management solution as part of BT Learning Solutions.

“We chose Saba People Cloud Applications because it is on a unified platform for learning and development, performance appraisal, and talent management. In the future, we will be able to train our workforce more comprehensively and offer them more opportunities for personal development,” said Erich Ehbauer, CIO, Apollo-Optik. “We also wish to continually optimize our customer service, which will give us a strategic edge. Saba People Cloud Applications are highly scalable and internationally available. We can use the applications easily and flexibly in our franchises.”

“Saba provides us with an enterprise-scale solution based on a holistic vision around people management. They offer a solution that is organically built, providing a truly unified experience across all people processes, infused with collaboration and enterprise social networking capabilities,” said Sundar Balasubramanian, director of BT Learning Solutions. “We have implemented various Learning Management Systems previously and have in-depth knowledge of the various technologies in this space. We were looking for a modular platform that can grow with the needs of our customers without requiring significant investments in integration.”

New Offices

To meet growing demand, Saba has moved to new offices in Paris and Munich.

“As demand for our innovative People Cloud applications continues to increase, we have made significant investments in our sales and services teams to ensure we maximize our market coverage, whilst at the same time continuing to offer the highest levels of customer service,” said Phil Richardson, vice president of EMEA region, Saba.

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

 
Matt Lafata, HRchitect

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Saba Social Learning Wins Top Product of the Year…from Saba

October 5, 2011

 

Saba’s Innovative Solution Transforms the Way People Learn, Collaborate and Share Knowledge across the Extended Enterprise

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. 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 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 that Saba Social Learning has been selected as one of Human Resource Executive® Magazine’s Top Products of 2011. Awards were announced during the opening day of the HR Technology® Conference at the Mandalay Bay in Las Vegas.

Saba Social Learning, powered by Saba Social, award-winning enterprise social networking, was selected for its innovative informal, collaborative and community-based approach to learning that enhances user adoption and increases learning retention. By combining the best of today’s social networking features, coupled with world-class learning management capabilities, Saba Social Learning provides immediate and context-relevant learning methods. Social learning also allows learners to sustain knowhow gained from formal training programs by connecting and collaborating with the communities, experts, coaches and getting critical questions answered in real-time.

“As the pressure to accelerate product time-to-market and grow the best talent increases, organizations are increasingly looking for more innovative and interactive ways to inspire people and accelerate the sharing of knowledge across their enterprise, including employees, partners and suppliers,” said Emily He, vice president, product marketing, Saba. “Receiving this latest industry award for Saba Social Learning validates the power of the Saba People Cloud to enable organizations around the world to transform their businesses by cultivating a culture of knowledge sharing that enhances productivity and mobilizes teams for innovation.”

Critical business problems that can be solved using Saba Social Learning include:

 

  • Improved sales force effectiveness and knowledge retention
  • Optimized channel engagement and extended enterprise effectiveness
  • Accelerated time-to-productivity of new hires with strategic on-boarding
  • Customer service excellence with rapid sharing of best practices
  • Ability to unlock tacit knowledge from retiring workforce and engage multiple generations of employees

 

Recent Industry Accolades

In addition to being named as a HR Executive Magazine Top Product of 2011, Saba has received a number of industry accolades this year for its social solutions, including:

 

 

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

 
Matt Lafata, HRchitect

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Saba Announces First Quarter Fiscal Year 2012 Results…from Saba

October 1, 2011

 

  • Total quarterly billings up 18% with cloud billings growing 81% year-over-year
  • Cloud revenue grew 59% year-over-year
  • Subscription revenue up 26% year-over-year; representing 61% of total revenues
  • Subscription revenue gross margin expanded to 77%
  • Total deferred revenue increased 29% year-over-year to $43.9 million

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. 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 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 reported financial results for its first quarter ended August 31, 2011.

“We started fiscal year 2012 with strong quarterly performance in billings and revenue growth, and gross margin expansion,” said Bobby Yazdani, Founder and CEO, Saba. “Our strength this quarter was broad-based across geographies and market segments — global enterprises, large enterprises, and mid-market enterprises. As we continue to make significant progress on our transition to the cloud, Saba is establishing itself as the vendor of choice and strategic partner to organizations seeking to transform the way their people network — employees, partners, customers, and franchisees — works, collaborates, and learns.”

Results for the First Quarter Fiscal Year 2012

Revenues: Total GAAP revenues were $30.6 million in the first quarter of fiscal year 2012, up 13% from $27.2 million in the same quarter last year. Total non-GAAP revenues in the first quarter of fiscal year 2012 were $30.9 million, up 14%, compared to $27.2 million in the same quarter last year. Non-GAAP revenues reflect the impact to revenue of fair value adjustments to deferred revenue due to acquisitions.

Deferred Revenue: Total deferred revenue was $43.8 million at the end of the first quarter of fiscal year 2012, up 29% year-over-year.

Earnings (Loss) per Share: GAAP loss per share was $0.20 in the first quarter of fiscal year 2012 compared to a loss per share of $0.06 in the same period last year. Non-GAAP loss per share was $0.12 in the first quarter of fiscal year 2012 compared to breakeven in the first quarter last fiscal year. First quarter fiscal year 2012 loss per share reflects increased levels of investment in operations for future growth.

Our non-GAAP results are calculated by adjusting GAAP results for the impact of certain items including (i) non-cash amortization of intangibles, (ii) non-cash share-based compensation expenses, (iii) non-operating reorganization costs, (iv) the impact to revenue of fair value adjustments to deferred revenue due to acquisitions and (v) other acquisition related costs. A reconciliation of GAAP to non-GAAP results is included in the financial statements accompanying this press release.

Cash: Cash flow from operations was a usage of $3.4 million in the first quarter of fiscal year 2012, and cash and cash equivalents at August 31, 2011 were $20.8 million. Saba typically uses cash in the first half of the fiscal year and generates positive cash flow in the second half of the fiscal year due to strong subscription renewals in the third and fourth quarters.

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 any obligations to update these forward-looking statements.

For fiscal year 2012, ending May 31, 2012, Saba reiterates its forecast of total GAAP revenues to be in the range of $130 million to $133 million and total billings to grow in the range of 16% to 18% in fiscal year 2012 over fiscal year 2011.

The Company also reiterates its forecast for GAAP net loss to range from $0.39 to $0.45 per share and non-GAAP net loss to range from $0.17 to $0.23 per share. Saba also confirms that it expects to return to non-GAAP profitability in the second half of fiscal year 2012.

Fiscal year 2012 non-GAAP outlook excludes non-cash amortization of intangibles, non-cash stock-based compensation expenses, the impact to revenue of fair value adjustments to deferred revenue due to acquisitions, other acquisition-related costs and non-operating reorganization costs.

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

 
Matt Lafata, HRchitect

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Saba Announces Content Connect Program…from Saba

September 16, 2011

 

Interactive Program Supports a Vibrant Ecosystem for Saba Content Partners and Customers

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. 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 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 the Saba Content Connect Program, an innovative program that brings Saba partners and customers together in an interactive online community.  Hosted within the Saba Online Community, the program facilitates customers’ discovery and connections with content partners in a social and real-time collaborative environment.

“Organizations around the globe are using the Saba People Cloud to build a transformative workplace that accelerates innovation and learning by tapping into social capabilities to engage and connect people and ideas,” said Jess Tan, VP of the Global Learning Ecosystem, Saba. “With this program, enabled on the Saba People Cloud, customers can leverage our strong content partner network to gain insight into new learning content, share best practices and participate in lively discussions, all of which helps our customers drive their organizational effectiveness.”

Using Saba People Cloud Applications, including enterprise social networking and real-time collaboration, customers can freely discover, view and directly engage with content partners best suited to meet their business needs. Customers can learn details about each content partner’s value proposition, unique content offerings and catalog of available courses. In addition, customers can collaborate with their peers and Saba’s subject matter experts, attend webinars on content-related topics, and participate in discussion threads, all within a safe and secure online environment.

Simultaneously, partners gain exposure to Saba’s global customer base through the interactive Saba Online Community to foster new relationships and promote content offerings, including custom and packaged content, training services and industry expertise.  Additionally, the program highlights partners that have tested the interoperability of their solutions with the Saba People Cloud and verified compliance with industry standards.

The growing Content Connect community of partners includes:

 

  • Accenture
  • Allen Interactions
  • Artifact Software
  • Barnett International
  • Brainshark
  • Brookwood
  • ClearPoint
  • EBSCO Publishing
  • Fabri Consulting
  • GetAbstract
  • General Physics (GP)
  • IC Axon
  • Intuition
  • IHRDC
  • Impact Solutions
  • KESDEE
  • Mahindra Satyam
  • MindLeaders
  • Neurika
  • Outtakes Limited
  • Rapid Learning Development
  • Sistemas CBT
  • SkillSoft
  • Solunea
  • ToolingU.com
  • Tricore Interactive
  • Turning Technologies
  • Virtual Link Solutions

Supporting Quotes

“Great content is essential for any learning strategy to be successful,” said Mark Smith, CEO and Chief Research Officer, Ventana Research. “With a program like the Content Connect, organizations can truly find the best fit for their needs and use it to create a strong content development strategy and training programs.”

“In joining the Content Connect Program and teaming with Saba, a long-standing leader in the learning management market, our organization is able to offer our unique competency-based learning content to Saba’s global customer base and gain a broader reach to our target audience,” said Stratton Lloyd, SVP of Market Development and Customer Satisfaction, EBSCO Publishing.

“As a partner in the Content Connect Program, we aim to further leverage our 12-year relationship with Saba. The Content Connect Program provides an additional avenue for us to extend conversations with existing and new customers” said Paul Pearce, Director of Alliances, GP Worldwide.  “Our organization provides custom and packaged content solutions that drive performance-based results for Saba’s customers.  Together, we can deliver end-to-end talent and learning solutions that uniquely solve real-world business challenges for customers.”

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

 
Matt Lafata, HRchitect

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Saba Announces Fourth Quarter and Record Fiscal Year 2011 Results…from Saba

July 29, 2011

 

  • Record total bookings of $125.4 million in fiscal year 2011, up 13% year-over-year
  • Record deferred revenue of $45.8 million at the end of fiscal year 2011, up 24% year-over-year
  • Annual contract value of new SaaS bookings grew 276% in the fourth quarter of 2011 and grew 210% in fiscal year 2011 over the respective year ago periods
  • SaaS revenue grew 59% in the fourth quarter of fiscal year 2011 and 33% in fiscal year 2011 over the respective year ago periods
  • Added 153 new enterprise customers in fiscal year 2011; 40 in the fourth quarter

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. 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 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 reported financial results for its fourth quarter and fiscal year ended May 31, 2011.

“We grew our SaaS bookings 276% and SaaS revenue 59% in the fourth quarter of fiscal year 2011.  We now have one of the fastest growing SaaS businesses among public companies,” said Bobby Yazdani, Chairman and CEO of Saba.  “We signed four of the five largest transactions in our history during the fiscal year, with all four customers selecting Saba People Cloud Applications.  The transformation of our business to SaaS from license is well ahead of plan.  I want to take this opportunity to thank the Saba team for all their hard work and dedication, and congratulate them on their success in enabling Saba to become a world-class SaaS company.”

SaaS revenue steadily increased during fiscal year 2011, growing 8% in the first quarter, 19% in the second quarter, 42% in the third quarter, and 59% in the fourth quarter over the respective year-ago periods.  Nine of our 12 largest deals in the fourth quarter were for SaaS offerings.  The number of new SaaS transactions over $50,000 increased almost three-fold in fiscal year 2011 over fiscal year 2010. 

Results for the Fourth Quarter and Fiscal Year 2011

Revenues: Total GAAP revenues were $29.9 million in the fourth quarter of fiscal year 2011, up 1% from $29.6 million in the same quarter last year.  Total Non-GAAP revenues in the fourth quarter of fiscal year 2011 were $30.0 million, up 1%, compared to $29.6 million in the same quarter last year.  Non-GAAP revenues reflect the exclusion of the fair value adjustments to deferred revenue due to acquisitions.

For fiscal year 2011, total GAAP revenues increased to $116.7 million from $109.6 million in the year ago period.  Total Non-GAAP revenues for fiscal year 2011 increased 7% to $116.7 million from $109.6 million in the year ago period.

Deferred Revenue: Total Deferred revenue increased to a record $45.8 million at the end of the fourth quarter of 2011, growing 24% year-over-year and 8% sequentially.

Fourth Quarter Investments:  During the fourth quarter, we accelerated our investments in a number of key areas by approximately $2.0 million or $0.07 per share to support our fiscal year 2012 growth initiatives.  Areas of investment included:

Sales Force Expansion — added country managers in Canada, India, and China and continued expansion of sales capacity and management in existing and new markets

International Expansion — launched our operations in China and grew our operations in Latin America and Asia Pacific

Cloud Operations  – invested in our global cloud operations in preparation for the major release of our new People Cloud Applications which is planned for this Fall and invested in a number of new technological innovations that are planned to be released throughout fiscal year 2012.  We also added key executives to run our Cloud business including Shawn Farshchi as Executive Vice President and Chief Operating Officer and Daniel Lipkin, Vice President of Technology

Acquisitions — closed our acquisition of two leading testing and assessment software companies

Earnings (Loss) per Share: GAAP loss per share was $0.17 in the fourth quarter of fiscal year 2011 compared to fully diluted earnings per share of $0.03 in the same period last year.  Non-GAAP loss per share was $0.10 in the fourth quarter of fiscal year 2011 compared to non-GAAP fully diluted earnings per share of $0.08 in the fourth quarter of last year. 

For fiscal year 2011, GAAP loss per share was $0.26 compared to fully diluted earnings per share of $0.09 in fiscal year 2010.  Non-GAAP loss per share was $0.02 in fiscal year 2011 compared to non-GAAP fully diluted earnings per share of $0.29 in fiscal year 2010.

Our non-GAAP results are calculated by adjusting GAAP results for the impact of certain items including (i) non-cash amortization of intangibles, (ii) non-cash charges related to share-based compensation expenses, (iii) non-operating reorganization costs, (iv) fair value adjustments to deferred revenue due to acquisitions and (v) other acquisition related costs for legal and accounting services.  A reconciliation of GAAP to non-GAAP results is included in the financial statements accompanying this press release.  

Cash: Cash flow from operations was $4.0 million in fiscal year 2011, and cash and cash equivalents at May 31, 2011 were $25.9 million.  

Share Repurchase: The Company repurchased 243,648 shares of common stock during the quarter for $2.3 million, bringing the total number of shares repurchased under its share repurchase program to 777,291 shares for an aggregate purchase price of approximately $5.5 million.  The Company now has approximately $4.5 million remaining under the repurchase program.    

Customers: We added 40 new enterprise customers in the quarter including Fiat/Chrysler, Shire Pharmaceuticals, Fitch Ratings, and Kumon Institute of Education.  

In addition, we expanded our footprint with a number of our existing customers in the quarter including W.W. Grainger, Five Guys, Union Bank, Bio-Rad, Novartis, France Telecom, and Kronos. 

Partners:  We added 14 partners in the fourth quarter including Aon/Hewitt, Satyam, and British Telecom.   We have signed 36 new partners in fiscal year 2011 bringing our total number of partners to 107.  Our partners once again contributed over 50% of our new business in the quarter. 

Acquisitions:  We acquired Pedagogue Solutions and Comartis, two leading software companies in the testing and assessment market.  These companies provide the foundation of our new Testing and Assessment offerings.  “The ability to test and assess skill levels and learning effectiveness is an essential element of any learning management system,” said Bobby Yazdani, Chairman and CEO of Saba.  “Organizations need to understand how effectively their people are trained and whether the imparted knowledge and developed skills are being successfully applied.  In addition, our new testing and assessment offerings  broaden our market opportunities beyond the traditional talent management space.” 

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 any obligations to update these forward-looking statements.

For fiscal year 2012, ending May 31, 2012, we are forecasting total GAAP revenues in the range of $130 million to $133 million. 

We are forecasting total bookings to grow approximately 16% to 18% in fiscal year 2012 over fiscal year 2011 with SaaS bookings growth in excess of 110% in fiscal year 2012 over fiscal year 2011. 

We expect our operating income in fiscal year 2012 to be impacted by our recent success in selling multi-hundred thousand subscribers on the Cloud.  As part of the adoption of Financial Accounting Standards Board standard for multiple-element revenue arrangements,  ASU 2009-13, for certain transactions, we are required to recognize a portion of the respective professional services revenue ratably over the life of the contract while incurring the professional services expense upfront.  We estimate this to negatively impact our earnings per share by $0.06 to $0.08 in fiscal year 2012. 

As such, we are forecasting GAAP net loss to range from $0.39 to $0.45 per share and non-GAAP net loss to range from $0.17 to $0.23 per share.

Fiscal year 2012 non-GAAP outlook excludes non-cash amortization of intangibles, charges related to stock-based compensation expenses and the impact to revenue for fair value adjustments to deferred revenue due to acquisitions.

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

 
Matt Lafata, HRchitect

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Saba Social Wins 2011 Stevie® Award for Favorite New Software as a Service…from Saba

June 30, 2011

 

Saba Social Also Named a Finalist in the New Product or Service of the Year Category

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. 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 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 enterprise social networking solution, Saba Social , has received the coveted People’s Choice Stevie Award for “Favorite New Software as a Service” in the 9th annual 2011 American Business Awards. Saba Social was also named a 2011 finalist in the “New Product or Service of the Year” category.

“In this day and age of LinkedIn and Twitter, using collaborative and transformative tools to empower and transform a workforce is critical to gaining a competitive edge,” said Laurent Pacalin, SVP and GM of People Cloud Applications. “Being recognized with a People’s Choice Stevie Award is truly an honor and indicative of the value that companies, and individuals alike, continue to place on our innovative People Cloud solutions.”

Saba Social is an integrated enterprise social networking platform that allows organizations to build a dynamic and engaged workforce. It enables employees, partners and customers across the extended enterprise ecosystem to securely connect and continuously collaborate through collaborative tools such as video, discussion forums, activity feeds, wikis, blogs, micro-blogs, resource lists, social bookmarks, and more.

In winning the People’s Choice Award, Saba joined an elite list of winners including: Apple (iPhone 4 for “Favorite New Smartphone”) and Motorola (Xoom for “Favorite New Tablet”).

Details about The American Business Awards and the lists of honorees in all categories are available at www.stevieawards.com/aba.

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

 
Matt Lafata, HRchitect

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Saba Announces General Availability of Saba Social Learning…from Saba

June 25, 2011

 

Successful Beta Program Drives Active Engagement and Feedback From More Than 50 Organizations

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. 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 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 the general availability of Saba Social Learning. Saba Social Learning helps employees, partners and customers better connect, collaborate and learn in a versatile and social environment, often referred to as ‘informal learning.’ In addition to the general availability of Saba Social Learning, the company is also providing a free 30-day trial, starting June 27th, to enable organizations to transform knowledge sharing in the workplace.

“Many organizations are struggling with how to address multiple learning styles and optimize informal learning that is the preferred by the “Millennial Generation,” such as video, podcasts, real-time feeds and other social networking tools. Saba Social Learning addresses this challenge, and customers are already telling us it will enable them to accelerate development and transform the way their people learn and grow,” said Laurent Pacalin, SVP and GM of People Cloud Applications. “In order to give other companies interested in adopting this approach a risk-free opportunity to apply the power of the platform and reap the benefits, we decided to make the product available for a free 30-day trial.”

Key Highlights:

By combining the best of today’s social networking features, coupled with world-class learning management capabilities, Saba Social Learning provides more collaborative, immediate and context-relevant learning methods. The seamless integration of formal and informal learning creates an environment that encourages and accelerates the real-time exchange of organizational knowledge among employees, partners, and customers to improve business results.

Following are some key features/benefits of Saba Social Learning solution:

User profile – Similar to popular consumer social networks, it enables users to highlight interests and expertise, share and tag content such as blogs and video, and connect with employees and community groups.

Search – Finds the most relevant and popular content, topic expert or training.

User feedback – With ‘Amazon-like’ ratings, reviews, comments, enables real-time feedback and recommendations for content, training or advice

Video and audio – gives people easy access to best practices, coaching and mentoring via short videos and podcasts. Additionally, subject-matter experts can contribute and share video, which reduces content-development costs and enables new learning experiences.

Mobile – Provides the industry’s only social learning solution “on-the-go”, via iPad or iPhone, giving employees more flexibility to gain real-time insight and save precious billable hours.

Web training – Enables instructors to host instructional webinars at scale, either live or on-demand, for a more flexible and efficient learning environment.

The powerful combination of innovative social learning and mobile delivery, with more traditional learning, enables a transformative workplace that accelerates employee development and engagement, increases performance and reduces content development cost, all while creating a more interactive environment. Saba Social Learning enables organizations to more quickly and efficiently develop their direct sales force, resellers and partner channels thereby accelerating sales readiness and increasing revenue productivity.

Supporting Quotes:

Approximately 85 percent of Saba beta customers noted they would recommend Saba’s easy-to-use Social Learning software.

“Traditional HR and learning processes don’t always capture the community aspect that creates an environment where we learn best—in an informal setting. Saba Social Learning is enabling us to build a stronger culture and gain unprecedented visibility into our workforce expertise and organization’s collective know-how.”
- Wayne Williams, Manager of Learning Systems at SMART Technologies

“With Saba Social Learning we have the ability to transform how our organization grows and shares knowledge. Tools like star ratings, tagging resources and recommendations are useful, intuitive and have become a part of everyday life. The platform’s networking capabilities allow for a more personal and engaging experience for each individual that will likely trigger higher levels of adoption.”
- Brandon Williams, New Business Development at The Educe Group

Recent Company Accolades

Saba Social Learning won Enterprise 2.0‘s prestigious Launch Pad competition, which recognizes the most innovative software that targets the enterprise 2.0 market.

The America Business Awards (STEVIES) recently named Saba Social People’s Choice for Favorite New Software as a Service.

Ranked as a visionary in Gartner’s 2011 Magic Quadrant for Employee Performance Management Software.

Received recognition by Forrester as a leader in Talent Management Software in the recent Forrester Wave, Talent Management, Q2, 2011 report.

Saba’s Social Learning is now generally available for purchase. A free 30-day trial will be available starting on June 27th, 2011 at www.saba.com/social-learning

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

 
Matt Lafata, HRchitect

Leave a Comment » | HCM, HR, HR Technology, Human Capital Management, Learning Management, Talent Management | Tagged: , , , , , , , , , , , , , , , | Permalink
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