SuccessFactors acquires leading learning management software provider Plateau
The performance management software company SuccessFactors recently signed an agreement to acquire Plateau, the leading learning management system (LMS) provider. SuccessFactors’ customers will now have the ability to further increase employee development and business execution by implementing a comprehensive social and traditional learning strategy.
This strategy includes evangelising internal experts, utilising easy-to-use video creation and sharing tools, as well as managing, developing, and deploying online, instructor-led and self-study training. Additionally, this acquisition forms a symbiotic combination with SuccessFactors’ acquisition of social video mobile learning provider, Jambok.
“Plateau has a long history of delivering innovation and has consistently been recognised in the top 1 or 2 position as a leader in LMS from analysts during the last couple of years, including Forrester, Gartner, IDC and Bersin & Associates,” explained Lars Dalgaard, founder and CEO of SuccessFactors. “With more than 15 million combined users, and the biggest R&D budget and largest domain expertise in the HCM cloud-based SaaS industry, we can compete more effectively with some of the incumbent HCM vendors’ total suite, and continue to surprise and excite customers with the next decade of innovations,” Dalgaard added.
The performance management software company additionally commissioned a business white paper into strategic alignment and executing business objectives, which was recently released. The research report, titled ‘The Link Between Strategic Alignment and Staff Productivity’, identifies three critical areas for determining failure or success in this area: Alignment & Collaboration, Performance & Productivity, and Growth & Talent.
The business research report revealed that only twelve percent of organisations surveyed possess an IT system that delivers the information needed for business management and execution. In comparison, nearly three out of four respondents whose companies use collaborative technologies, such as SuccessFactors’ CubeTree, feel their organisation communicates business strategy ‘well’ or ‘very well’.
In addition, SuccessFactors is also offering businesses a unique insight into the efficiency of their organisation by making it possible to personalise the report. The individualised report can be created by answering a series of simple multiple choice questions. This then provides the organisation with both an Alignment & Collaboration and a Performance & Productivity score to help achieve business goals and objectives.
To read the business research report in full and to create a personalised report, check out http://the-next-economy.com.
Furthermore, for additional details about SuccessFactors, log on to www.successfactors.com, or follow the company on Facebook: http://facebook.com/SuccessFactors, and Twitter: http://twitter.com/SuccessFactors.
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