SuccessFactors
Encyclopedia
SuccessFactors is an American-based company headquartered in San Mateo, California
San Mateo, California
San Mateo is a city in San Mateo County, California, United States, in the San Francisco Bay Area. With a population of approximately 100,000 , it is one of the larger suburbs on the San Francisco Peninsula, located between Burlingame to the north, Foster City to the east, Belmont to the south,...

, with regional headquarters in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

 (United Kingdom and Ireland Region), Munich
Munich
Munich The city's motto is "" . Before 2006, it was "Weltstadt mit Herz" . Its native name, , is derived from the Old High German Munichen, meaning "by the monks' place". The city's name derives from the monks of the Benedictine order who founded the city; hence the monk depicted on the city's coat...

 (Germany and Central Europe Region), Paris
Paris
Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...

 (France, Spain and Italy Region), Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

 (Greater China Region) and Tokyo
Tokyo
, ; officially , is one of the 47 prefectures of Japan. Tokyo is the capital of Japan, the center of the Greater Tokyo Area, and the largest metropolitan area of Japan. It is the seat of the Japanese government and the Imperial Palace, and the home of the Japanese Imperial Family...

 (Japan). Other major offices are in Brisbane
Brisbane
Brisbane is the capital and most populous city in the Australian state of Queensland and the third most populous city in Australia. Brisbane's metropolitan area has a population of over 2 million, and the South East Queensland urban conurbation, centred around Brisbane, encompasses a population of...

, Beijing
Beijing
Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...

, Jakarta
Jakarta
Jakarta is the capital and largest city of Indonesia. Officially known as the Special Capital Territory of Jakarta, it is located on the northwest coast of Java, has an area of , and a population of 9,580,000. Jakarta is the country's economic, cultural and political centre...

, Manila
Manila
Manila is the capital of the Philippines. It is one of the sixteen cities forming Metro Manila.Manila is located on the eastern shores of Manila Bay and is bordered by Navotas and Caloocan to the north, Quezon City to the northeast, San Juan and Mandaluyong to the east, Makati on the southeast,...

, Bangalore
Bangalore
Bengaluru , formerly called Bengaluru is the capital of the Indian state of Karnataka. Bangalore is nicknamed the Garden City and was once called a pensioner's paradise. Located on the Deccan Plateau in the south-eastern part of Karnataka, Bangalore is India's third most populous city and...

 and Boston
Boston
Boston is the capital of and largest city in Massachusetts, and is one of the oldest cities in the United States. The largest city in New England, Boston is regarded as the unofficial "Capital of New England" for its economic and cultural impact on the entire New England region. The city proper had...

. SuccessFactors provides Business Execution software solutions which it delivers using the Software as a service
Software as a Service
Software as a service , sometimes referred to as "on-demand software," is a software delivery model in which software and its associated data are hosted centrally and are typically accessed by users using a thin client, normally using a web browser over the Internet.SaaS has become a common...

 (SaaS) model.

SuccessFactors has its services translated into 32 languages and currently has more than 3,000 customers with over 6 million users in 60 industries in over 185 countries.

Corporate History

SuccessFactors was founded in 2001 by Lars Dalgaard. In November 2007, the company went public
Initial public offering
An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...

 on the NASDAQ
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...

 Global Market under the stock symbol
Ticker symbol
A stock symbol or ticker symbol is a short abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of letters, numbers or a combination of both. "Ticker symbol" refers to the symbols that were printed on the ticker...

 SFSF.

On October 17, 2010,SuccessFactors announced its acquisition of YouCalc, a Denmark based SaaS service. on October 18, 2010, SuccessFactors launched first ever Calculator in the Cloud technology.The calculator in the cloud allows business users, to do analysis of real-time data for insight and predictions.

Current focus

In September 2009, SuccessFactors announced a shift in strategy, inventing the "business execution software" (BizX) niche. InformationWeek
InformationWeek
InformationWeek is a weekly print magazine, an online site with corresponding face-to-face and virtual events, and research. It is headquartered in San Francisco, California and was first published in 1979 by CMP Media, later called CMP Technology. On February 29, 2008, CMP Technology was...

wrote:
SuccessFactors has been successful in its own little niche, as a provider of software-as-a-service for employee-performance management. But like other successful SaaS providers, the company has decided that the best path to continued strong growth is to expand beyond its niche. On Thursday, SuccessFactors reinvented itself as a provider of "business execution" software.


Best place to work

SuccessFactors was included in:
  • the 100 Best Places to Work in the Bay Area in 2007 and 2008
  • the 50 Best Mid-Size Companies to Work For in America
  • the 25 Top Mid-sized Companies to Work For in America in 2007
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