In a recent Information Week article it was observed that SuccessFactors has not only created a compelling new suite of products around the vital need for business execution but is also redefining, at a fundamental level, the buyer-seller relationship in the market.

The author of the article, Bob Evans, noted four primary reasons behind this claim:

1.   SuccessFactors’ human-dynamo CEO has created an intensely customer-centric culture and a fresh new category called Business Execution for which most customers have a burning need.

2.   The company’s growing rapidly (37% in the nuclear winter that was 2009) and creating a rabid customer base that includes many well-known global corporations (much more on them in a moment).

3.   It has no on-premises legacy—technical or financial—to deal with, is 100% in the cloud, and has established a significant recurring-revenue stream.

4.   SuccessFactors is reaffirming to customer-side CEOs and CIOs that the new wave of cloud-based enterprise-software companies does business in a strikingly different way than do the traditional on-premises vendors.

Read the article at:   http://tinyurl.com/yboncge

Tags: HR Technology, HRMS

This entry was posted on Wednesday, February 17th, 2010 at 5:54 pm and is filed under HR Service Delivery, HR Technology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.