Sumtotal Systems
Encyclopedia
SumTotal Systems, Inc. is a software company based in Gainesville, Florida
that provides strategic human capital management (HCM) software solution
s to global enterprises, small to medium businesses, and government agencies. SumTotal provides full employee lifecycle management, including a core system of record, from a single vendor. The company’s end-to-end software platform includes performance management, goals management, competency management, career development, learning management (LMS), learning content management (LCMS), succession planning, career development, 360 degree feedback, compensation management, compensation administration, long-term incentive planning, salary planning, recruiting and hiring management, HR (human resource) management, social collaboration, workforce planning, workforce analytics, mobile learning, expense management, workforce management, knowledge management, customer training, sales training, partner training, channel training, and extended enterprise software
The company sells software and services using the Wikipedia definition of 'SaaS' model, and has multiple regional offices in several countries including the United States, Australia
, Japan
, UK, India
, France, Germany
, China
and Hong Kong.
and includes
SumTotal Systems was formed in March 2004 by the merger of the learning management companies Click2learn and Docent.
, a leading private equity firm based in San Francisco, with over $2 billion in committed capital, focused on investing in software and technology-enabled businesses. Vista Equity has built a strong portfolio of over 13 software and technology-enabled businesses with a focus on long-term value creation. With total revenues of more than $3.5 billion and a combined earnings before interest, taxes, depreciation and amortization (EBITDA) of more than $1 billion, Vista Equity portfolio businesses employ more than 9,500 people and reach over 35,000 customers in more than 75 countries. In 2009, Vista Equity Partners
completed a full buyout of SumTotal Systems
Gainesville, Florida
Gainesville is the largest city in, and the county seat of, Alachua County, Florida, United States as well as the principal city of the Gainesville, Florida Metropolitan Statistical Area . The preliminary 2010 Census population count for Gainesville is 124,354. Gainesville is home to the sixth...
that provides strategic human capital management (HCM) software solution
Solution
In chemistry, a solution is a homogeneous mixture composed of only one phase. In such a mixture, a solute is dissolved in another substance, known as a solvent. The solvent does the dissolving.- Types of solutions :...
s to global enterprises, small to medium businesses, and government agencies. SumTotal provides full employee lifecycle management, including a core system of record, from a single vendor. The company’s end-to-end software platform includes performance management, goals management, competency management, career development, learning management (LMS), learning content management (LCMS), succession planning, career development, 360 degree feedback, compensation management, compensation administration, long-term incentive planning, salary planning, recruiting and hiring management, HR (human resource) management, social collaboration, workforce planning, workforce analytics, mobile learning, expense management, workforce management, knowledge management, customer training, sales training, partner training, channel training, and extended enterprise software
The company sells software and services using the Wikipedia definition of 'SaaS' model, and has multiple regional offices in several countries including the United States, Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
, Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
, UK, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
, France, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
, China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
and Hong Kong.
Products
The SumTotal product offering can be deployed modularly or in fully integrated solutionSolution
In chemistry, a solution is a homogeneous mixture composed of only one phase. In such a mixture, a solute is dissolved in another substance, known as a solvent. The solvent does the dissolving.- Types of solutions :...
and includes
- Planning & Analytics
- Performance Management
- Compensation Management
- Learning Management
- Succession Planning
- Career Development
- 360 Feedback
- Recruiting & Hiring
- Social Collaboration
- HR Management (HRMS)
- Workforce Management
- Expense Management
- Payroll & Benefits
Awards and Recognition
- SumTotal has been recognized for excellence in Talent Management initiatives at the Asia's Best Employer Brand Awards held in Singapore on 22 July 2011 at Suntec Singapore International Convention & Exhibition Center.
- March 2009 - Aberdeen Group, an independent research firm, highlighted SumTotal as the top LMS vendor in its report,The Rise of Learning Management Systems in Talent Management, with 75 percent of its surveyed customers citing satisfaction with their company's learning program.
- April 2009 - Bersin & Associates called SumTotal a pioneer in the enterprise learning management market in its report, LMS and Learning Platforms 2009.
- September 2009 - SumTotal has been positioned in the Leaders Quadrant by Gartner, Inc. in the "Magic Quadrant for Corporate Learning Systems".
- September 2009 - SumTotal's software as a service talent development solutionSolutionIn chemistry, a solution is a homogeneous mixture composed of only one phase. In such a mixture, a solute is dissolved in another substance, known as a solvent. The solvent does the dissolving.- Types of solutions :...
, ResultsOnDemand, has been placed on KMWorld's Trend-Setting Product List of 2009. - September 2009 - Bersin & Associates highlighted SumTotal as one of the top vendors in talent management systems in its report, Talent Management Systems 2010: Market Realities, Implementation Experiences, and Solution Provider Profiles.
- November 2008 - SumTotal was named to the Deloitte 2008 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America.
Acquisitions
SumTotal Systems has made a number of acquisitions:- On July 7, 2011, SumTotal announced that it has acquired Accero & CyberShift.
- In January 2011, SumTotal Systems announced the acquisition of GeoLearning a market leader in SaaS Learning Management.
- In September 2010, SumTotal Systems announced the acquisition of Softscape
- SumTotal was formerly trading on the NASDAQ stock exchange, but was bought out by Vista Equity PartnersVista Equity PartnersVista Equity Partners is a private equity firm focused on investing in software and technology-enabled businesses. The firm was founded in 2000 and is headquartered in San Francisco, California with additional offices in Chicago, Illinois and Austin, Texas. Vista Equity Partners currently holds...
and taken private on July 21, 2009. - In November 2006, SumTotal acquired MindSolve Technologies, a privately owned company, founded and still run by the same team that created the original software in 1994.
- In October 2005, the company acquired Pathlore, a specialist in state and local government and healthcare.
SumTotal Systems was formed in March 2004 by the merger of the learning management companies Click2learn and Docent.
Financial Backing
SumTotal Systems is backed by Vista Equity PartnersVista Equity Partners
Vista Equity Partners is a private equity firm focused on investing in software and technology-enabled businesses. The firm was founded in 2000 and is headquartered in San Francisco, California with additional offices in Chicago, Illinois and Austin, Texas. Vista Equity Partners currently holds...
, a leading private equity firm based in San Francisco, with over $2 billion in committed capital, focused on investing in software and technology-enabled businesses. Vista Equity has built a strong portfolio of over 13 software and technology-enabled businesses with a focus on long-term value creation. With total revenues of more than $3.5 billion and a combined earnings before interest, taxes, depreciation and amortization (EBITDA) of more than $1 billion, Vista Equity portfolio businesses employ more than 9,500 people and reach over 35,000 customers in more than 75 countries. In 2009, Vista Equity Partners
Vista Equity Partners
Vista Equity Partners is a private equity firm focused on investing in software and technology-enabled businesses. The firm was founded in 2000 and is headquartered in San Francisco, California with additional offices in Chicago, Illinois and Austin, Texas. Vista Equity Partners currently holds...
completed a full buyout of SumTotal Systems