CR Team | Tuesday, 24 June 2014, 04:55 IST
Bangalore: The world leader in enterprise software and software related services, SAP AG (NYSE:SAP) has announced that it has been positioned for the second year in a row in the Leaders Quadrant of Gartner, Inc.’s “Magic Quadrant for Talent Management Suites (TMS)”. By assessing the global cloud-based HR software solutions from SuccessFactors, a SAP company, the report chose SAP AG as the leader in technology management and the decision was made based on its "ability to execute" and "completeness of vision" abilities. The 1979 born, Gartner Inc. (NYSE:IT) is the world's leading information technology research and advisory company and is also known for its series of market research reports entitled “Magic Quadrant for Talent Management Suites (TMS)”.
Headquartered in Germany, SAP AG is known for its 42 years of history of innovation. The multinational software company uses its enterprise software services to manage business operations and customer relations. Being one of the groups of SAP Company, SuccessFactors helps HR drive business execution with solutions to optimize the workforce through its cloud-based SuccessFactors HCM Suite. The core ingredients of the success of the SuccessFactors include innovative solutions, content and analytics, process expertise and best practices insights which deliver the best solutions to its diverse customer base.
According to Gartner, the magic quadrant assesses the market for talent management suites, which help organizations manage the key processes of plan to source, acquire to onboard, perform to reward and assess to develop. The report labels those who demonstrate a market-changing vision of how talent management technology can help HR leaders achieve business objectives as leaders. In this context SAP claims that it exemplifies this vision by helping organizations increase employee engagement and improve their business performance with market-leading solutions which include its SuccessFactors Presentations. The recently released SuccessFactorsPresentations unfolds new and innovative approaches for managing top talents.
“We are committed to building and strengthening companies’ capabilities to manage their entire workforce — both contingent and permanent staff — from initial recruiting and on-boarding to ongoing development, performance management, retention and retirement,” said Mike Ettling, Global Head of Cloud & On-Premise HR, SAP. “We feel our position in the Leaders quadrant is a direct result of our ability to offer global customers a choice of agile, scalable solutions that can drive employee engagement and fulfill organizations’ needs, while still building a comprehensive HR system blueprint”.
Adding on to the same, David Bowes, Chief People Officer, WDS, a Xerox Company, says, “One of the reasons we chose SAP is because we don’t want to own IT infrastructure since we’re not an IT company. SAP gives us cloud-based HRIS and talent management solutions with a streamlined user experience — and no financial surprises”.
With the new advancement, the company is buoyant that the SuccessFactors HR portfolio surely enhances the harmony between talent management functions and all of their HR processes and analytics.