The 2011 holiday shopping season seems to have arrived a bit sooner for SAP, who forked out US$3.4 billion for SuccessFactors during the first weekend of December 2011 (see SAP’s official press release). Another curiosity of the acquisition is that it took place on Saturday, which hasn’t prevented bloggers and twitterers from swiftly contributing with their off-the-cuff opinions.

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Part 1 of this series introduced SuccessFactors, a public provider of software as a service (SaaS) talent management solutions. The article first analyzed the vendor’s evolution from its traditional People Performance realm to the seemingly more opportune Business Execution (BizX) province.

Then the article talked about SuccessFactors’ diverse product editions (tailored to satisfy companies of all sizes) and detailed the two core modules of the SuccessFactors BizX suite of applications: Performance Management and Goal Management. These two modules serve as the foundation for the BizX application suite, since visibility into employee performance and organizational goals form the necessary basis for other talent management activities.

Part 2 then analyzed additional BizX modules (i.e., recruiting, learning & development, compensation, and succession planning), some nice-to-have capabilities, and the most recent developments, such as the 2010 tuck-in acquisitions of Inform, CubeTree, and YouCalc. 

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Part 1 of this series introduced SuccessFactors, a public provider of software as a service (SaaS) talent management solutions. My post first analyzed the vendor’s evolution from its traditional People Performance realm to the seemingly more opportune Business Execution (BizX) province.

Then, I talked about SuccessFactors’ multiple product editions to satisfy companies of all size and detailed the two core modules of the SuccessFactors BizX suite of applications: Performance Management and Goal Management. These core modules serve as the foundation for the BizX application suite, as visibility into employee performance and organizational goals are the necessary basis for other activities, such as recruiting, learning & development, compensation, and succession planning. 

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In addition to the Giants’ Major League Baseball (MLB) World Series 2010 victory, San Francisco has been even more famous for its software powerhouses, spearheaded by mighty and ever-acquisitive Oracle and the cloud computing trailblazer salesforce.com. Another company from the same metro area that has lately had admiration and accolades lavished upon it is SuccessFactors, a player in the software as a service (SaaS) talent management market.

In fact, a number of SuccessFactors employees are former Oracle and salesforce.com alumni, but I wouldn’t be surprised to see some trickles of employees going in other direction too. In any case, SuccessFactors was founded in 2001 by Lars Dalgaard, who previously held various general management positions at Unilever, a global packaged consumer and industrial goods company, in the Netherlands, Germany and Denmark. In November 2007, the company went public on the NASDAQ Global Market under the stock symbol SFSF. 

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