HR Technology Provider Expands Business with Triple-digit Increases
in Second Quarter Bookings
The addition of 70 new customers including State Employees’ Credit
Union (SECU), the second largest natural member credit union in
the US; Achievers, a global provider of cloud-based employee
engagement and recognition software; AlohaCare, a non-profit
health plan providing coverage to nearly 75,000 members throughout
Hawaii; as well as one of the world’s largest fast food chains.
Seventy-five percent year-over-year growth in second quarter new
customer bookings in Europe, Middle East and Africa (EMEA), including
prominent financial services customers across France, Switzerland,
Austria, and the United Arab Emirates.
Strategic cross-sells to customers adopting additional SumTotal
solutions including Patterson Companies(Nasdaq: PDCO), which
added compensation; Port of Houston Authority, which added
performance management and succession planning; Misys, which
added succession planning.
GAINESVILLE, Fla.--(BUSINESS WIRE)--
Systems, LLC, one of the largest independent providers of learning
and HR solutions, today announced an 89-percent increase in new customer
cloud software bookings for the first six months of 2014 over the same
period last year. In the second quarter alone, SumTotal’s new customer
bookings grew by 173 percent, and overall new cloud bookings were up
more than 175 percent as compared with second quarter 2013.
Highlights from the first half of 2014 include:
SumTotal CEO Hardeep Gulati, who stepped into his new role in January
after previously serving as SumTotal’s COO, said the company’s solid
results reflect investments in product development, cloud operations and
customer success resources made during the past 18 months.
“Our performance in the first half of 2014 was driven by strong customer
demand for SumTotal’s cloud solutions and our ability to deliver an
unparalleled customer experience,” Gulati said. “SumTotal continues to
differentiate in a noisy market by delivering personalized, flexible,
next-generation HR solutions that anticipate customer needs - from CEOs,
HR leaders and their employees. With strong financial results, highly
successful customers and a commitment to innovative solutions that put
people at the center, SumTotal is well positioned to continue our
business momentum in the second half of 2014 and beyond.”
SumTotal’s cloud business continued to soar in the first half of the
year with organizations selecting cloud solutions to accelerate their
learning, talent and workforce management initiatives. To support this
growth, SumTotal expanded its cloud services to ensure the highest
scalability, availability and capacity for its more than 17 million
global cloud users. As new and existing customers increasingly adopt
SumTotal’s hosted and SaaS solutions, the company continues to invest in
technology and tools to facilitate their seamless transition to the
Gulati highlighted several SumTotal product innovations that have
underpinned the company’s success, including the elixHR®
platform, which allows customers to virtualize HR data across
disparate HR and business applications to get a unified view of their
workforce, and the launch of industry’s first context-aware
solutions for HR that proactively deliver hyper-personalized talent,
learning and workforce management information and actions to users, when
and where they need them.
SumTotal provides a flexible approach to HR transformation that is
unique in the market. Big-box ERPs require a rip-and-replace approach
and force customers to abandon existing HR systems. In contrast,
SumTotal provides customers with the option to extend the lifecycle of
these existing systems while still providing a cohesive view of employee
and business data. This allows customers to incrementally rollout
SumTotal’s solutions and integrate with other applications to minimize
costs and maximize value.
The expansion of SumTotal’s partner and channels team increased momentum
in international markets. The company added 10 new partners and
resellers, including Sunlink, a Hong Kong based consulting firm, and
Aura-tech, a learning and talent partner in Singapore, to resell
SumTotal’s HR solutions and service offerings to customers.
During the first half of 2014, SumTotal was recognized by several
thought leaders, industry analysts and business organizations for its
vision and product innovation. The company was awarded a Gold
Brandon Hall Group Excellence Award for elixHR in the “Best Advance
in Creating a Fully Integrated Talent Management Platform” category.
Bsoco, an international industry body that evaluates and recognizes
business software based on functionality and user experience, honored
the company with a first place award in the learning management
systems category, and TrainingIndustry.com named SumTotal a 2014 Top 20
Authoring Tools provider.
SumTotal also earned recognition from leading industry analysts for its
Talent Expansion suite. In addition to being rated a Visionary in
Gartner’s 2014 Talent Management Suites Magic Quadrant1,
SumTotal was included in Bersin by Deloitte’s “Talent Management Systems
2014: Solution Provider Comparisons and Profiles” 2 report,
for its end-to-end talent management capabilities.
To learn more about SumTotal, visit www.sumtotalsystems.com and
check out the SumTotal
Blog for more learning and talent management tips and perspectives.
About SumTotal Systems
Systems, LLC, one of the largest independent providers of integrated
HR solutions, is increasing the performance of some of the world’s most
successful organizations, including AstraZeneca (NYSE: AZN[ADR]; London:
AZN), Amway (KUL: AMWAY), and Seagate (NYSE: STX). The only HR solution
provider to deliver Talent Expansion, a new approach to discovering,
developing and unleashing hidden potential within our customers’
workforce, SumTotal delivers employee enablement solutions that help
organizations become great places to work. SumTotal’s people-focused
applications, available on premise and in the Cloud, enable contextual,
just-in-time development designed to advance employees’ skills and
knowledge. Today, more than 3,500 organizations, including several of
Fortune’s “Best Places to Work,” rely on SumTotal’s on premise and
cloud-based Talent Expansion applications to enable their employees. For
more information about SumTotal, visit sumtotalsystems.com,
read SumTotal’s blog at blog.sumtotalsystems.com,
follow SumTotal on Twitter at twitter.com/SumTotalSystems,
or like SumTotal on Facebook at facebook.com/SumTotal.Systems.
1 Gartner, “Magic Quadrant for Talent Management Suites,”
2 Bersin by Deloitte, “Talent Management Systems 2014:
Solution Provider Comparisons and Profiles,” June 2014.
Hailey Hedge, +1-970-379-9363
Source: SumTotal Systems, LLC