RFP News
Published on Feb 06, 2010
SuccessFactors, Inc., the expert in business execution software, and Inform Business Impact, the expert in analytics and workforce planning, have entered into a definitive agreement under which SuccessFactors will acquire Inform.
With this strategic acquisition, SuccessFactors will be the first company to offer business analytics and workforce planning as part of a comprehensive business execution software suite. With their unmatched applications and strategic consulting, Inform serves more than 130 enterprise customers, most with more than 100,000 employees, including 24 of the Fortune 500, such as Comcast, BHP Billiton, Starbucks, Nike and ANZ Bank, which represent approximately 2.5 million employees.
The addition of Inform's powerful, 100 percent cloud-based software and unique expertise dramatically boosts SuccessFactors' market-leading Business Execution Software (BizX) solution. The combined product will provide customers with a much more strategic use of workforce information, while expediting business execution, allowing SuccessFactors to deliver:
Predictive analytics
Strategic workforce planning
Strategic reporting
Workforce analytics
Workforce reporting
Over 2000 key performance metrics, and
Peer benchmarking content for over 20 industries.
"With this acquisition, SuccessFactors is arming CEOs, CFOs and human resource professionals with actionable, high-value insights to perform better, gain competitive advantage, and lower costs. Our acquisition of Inform turbo-charges our focus and commitment to BizX and will dramatically drive further adoption within the $36 billion business execution market,” says Lars Dalgaard, founder and CEO of SuccessFactors.
"Acquisition wasn't our goal. We have had many offers from American and European companies, but I was never interested until I saw the strategic fit with SuccessFactors. We're incredibly excited about integrating Inform's analytics tools with SuccessFactors' Business Execution Software. We're creating an even more powerful solution to help our customers better understand how their employees are impacting business performance – how the business as a whole is running so that they can make more strategic workforce decisions that directly affect the bottom line. No other company in the world can offer this," says Peter Howes, founder and CEO of Inform. *
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