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SuccessFactors Joins EuroCloud as Founding Member

Posted on: Tuesday, 10 November 2009, 02:00 CST

BARCELONA, Spain, Nov. 10 /PRNewswire-FirstCall/ -- Today SuccessFactors, Inc. (Nasdaq: SFSF), the global leader in business execution software, added its weight behind Europe's first ever Software-as-a-Service (SaaS) and cloud services business community, EuroCloud. Led by Pierre-Jose Billotte, President and Founder of the French ASP Forum, with a team of SaaS and cloud computing players from the UK, Denmark, Finland, Belgium, Luxembourg, the Netherlands, Ireland, Portugal, Spain and Sweden, with discussions under way in ten other countries including Germany, Italy, Poland and the Ukraine, EuroCloud gathers together leading SaaS vendors, enablers, integrators and industry experts to share best practice, and facilitate expansion of their respective businesses across the continent.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090602/SF26086LOGO)

As one of the market's leading cloud-computing vendors, SuccessFactors recently unveiled its Business Execution (BizX) Software suite, which enables companies to bridge the gap between strategy and execution. The Business Execution Software suite empowers the C-level and human resources professionals alike to tie the performance of their people directly to overall business goals and execute more effectively everyday.

"With capital budgets under pressure, customers are demanding more cost effective alternatives to on-premise systems, fuelling the growth of cloud computing. As a company, we are at the forefront of that growth and innovation," said Tom Fisher, Vice President Cloud Computing, SuccessFactors. "SuccessFactors is one of the leading vendors spearheading the cloud-computing adoption model with more than five million users globally as demand for cloud computing continues to mature and grow at the enterprise application level. The EuroCloud initiative is a fantastic opportunity to create a regional cloud services community, influence other existing communities on the financial and operational benefits of the cloud, and harness the huge potential market across Europe."

According to industry analysts IDC, worldwide IT spending on cloud services will grow almost threefold, reaching US$44.2 billion by 2013 (IDC eXchange, "IDC's New IT Cloud Services Forecast: 2009-2013" - http://blogs.idc.com/ie/,October 5, 2009)

SuccessFactors continues to win large scale deployments across EMEA in 2009, including previously-announced Siemens AG, the world's largest enterprise cloud deployment with 420,000 users across 80 countries in 20 different languages, and Veolia Environmental Services, part of the Veolia Environment Group, in support of its enterprise cloud initiative, deployed to almost 3,000 executives and managers across five countries. Major European customers also include companies such as Kellogg, Orange, and Cadbury Schweppes.

About SuccessFactors, Inc.

SuccessFactors is the global leader in Business Execution Software. The SuccessFactors Business Execution Suite improves business alignment and people performance for companies of all sizes. More than 5 million users and 2,800 companies use SuccessFactors every day. For more information, visit: www.successfactors.com.

Execution Is The Difference(TM)

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Contacts: SuccessFactors Dominic Paschel, 415-262-4641 Director of Public & Investor Relations dpaschel@successfactors.com Vanessa Land, +44 (0) 870 242 7469 (U.K. Public Relations Agency for SuccessFactors) vanessa@devonshiremarketing.com

SOURCE SuccessFactors, Inc.

Source: PR Newswire

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