SAP SuccessFactors is an American

multinational company A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, i ...

headquartered in

South San Francisco, California South San Francisco is a city in San Mateo County, California, United States, located on the San Francisco Peninsula in the San Francisco Bay Area. The city is colloquially known as "South City". The population was 66,105 at the 2020 census. ...

, providing

cloud-based Cloud computing is the on-demand availability of computer system resources, especially data storage (cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over multip ...

software for

human capital management Humans (''Homo sapiens'') are the most abundant and widespread species of primate, characterized by bipedalism and exceptional cognitive skills due to a large and complex brain. This has enabled the development of advanced tools, culture, an ...

using the

Software as a service Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software. SaaS is con ...

(SaaS) model. Competitors include Workday,

Oracle Cloud HCM Oracle Cloud Human Capital Management (Oracle Cloud HCM) is a cloud-based HCM software application suite for global HR, talent, and workforce management released by Oracle Corporation in 2011. History Oracle Cloud HCM is a full-stack suite ...

, ADP, and

Ceridian Ceridian HCM is an American provider of human resources software and services with employees in the USA, Canada, Europe, Australia and Mauritius. It is a publicly traded company on the New York Stock Exchange. History Ceridian is a descendan ...

Corporate history

SuccessFactors was founded in 2001 by Lars Dalgaard. In November 2007, the company went public on the

NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

Global Market under the

stock symbol A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. In short, ticker symbols are arrangements of symbols or characters (generally Latin letters or ...

SFSF. In July 2008, SuccessFactors moved its listing to the

NYSE The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is by far the List of stock exchanges, world's largest s ...

NYSE Euronext NYSE Euronext, Inc. was a transatlantic multinational financial services corporation that operated multiple securities exchanges, including the New York Stock Exchange, Euronext and NYSE Arca (formerly known as ArcaEx). NYSE merged with Archip ...

, and the Frankfurt Stock Exchange (

Deutsche Boerse Deutsch or Deutsche may refer to: *''Deutsch'' or ''(das) Deutsche'': the German language, in Germany and other places *''Deutsche'': Germans, as a weak masculine, feminine or plural demonym *Deutsch (word), originally referring to the Germanic ve ...

Acquisitions

* Infohrm - In February, 2010, the firm acquired Infohrm, an Australian-based HR analytics business. *Cubetree - May, 2010 - it acquired CubeTree - social software. *Jambok - March, 2011 - it acquired Jambok, a small platform company with a solution for social learning and knowledge sharing. * YouCalc – On October 17, 2010, it announced its acquisition of this Denmark-based SaaS service. On October 18, 2010, SuccessFactors launched the first Calculator in the Cloud technology, allowing business users to do analysis of real-time data for insight and predictions. * Plateau – The firm announced the acquisition of Plateau on April 26, 2011, developer of one of the first

Learning Management System A learning management system (LMS) is a software application for the administration, documentation, tracking, reporting, automation, and delivery of educational courses, training programs, materials or learning and development programs. The learni ...

s (LMS). * Jobs2Web, Inc – On December 6, 2011, the firm announced the purchase of closely held Jobs2Web Inc. for $110 million in cash.

Acquisition by SAP America

On December 3, 2011,

SAP AG Sap is a fluid transported in xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant. Sap is distinct from latex, resin, or cell sap; it is a sepa ...

and SuccessFactors announced that SAP's subsidiary, SAP America, Inc., had entered into a merger agreement with SuccessFactors to acquire all outstanding shares of its common stock. It was also announced that the firm would remain independent and be named "SuccessFactors, an SAP company", with a prerogative to make its own deals until the acquisition closed. The acquisition was completed on February 16, 2012. SAP and SuccessFactors have evolved a great deal over the past several years and they now have a new name and logo to share. Instead of “SuccessFactors, an SAP Company”, the company is now officially being called SAP SuccessFactors.

Products

As of January 2022, SAP claimed SuccessFactors had 12,000 customers, with 191 million users in more than 200 countries. In October 2013, the firm opened up its platform as part of the

SAP Cloud Platform SAP Cloud Platform has been rebranded as SAP Business Technology Platform (BTP). SAP Cloud Platform (SCP) was a platform as a service developed by SAP SE for creating new applications or extending existing applications in a secure cloud computing ...

. Applications such as

Accenture Accenture plc is an Irish-American professional services company based in Dublin, specializing in information technology (IT) services and consulting. A ''Fortune'' Global 500 company, it reported revenues of $61.6 billion in 2022. Accentur ...

Audit & Compliance Tool an
EnterpriseAlumni
were showcased during the 2014 Annual SAP Conference,

SAPPHIRE Sapphire is a precious gemstone, a variety of the mineral corundum, consisting of aluminium oxide () with trace amounts of elements such as iron, titanium, chromium, vanadium, or magnesium. The name sapphire is derived via the Latin "sapphir ...

. both becoming SAP Pinnacle finalists as Application Development Partners Of The Year.

References

{{DEFAULTSORT:Successfactors Software companies based in the San Francisco Bay Area Companies based in South San Francisco, California Software companies established in 2001 SAP SE acquisitions 2001 establishments in California Human resource management software 2007 initial public offerings 2012 mergers and acquisitions American subsidiaries of foreign companies South San Francisco, California Software companies of the United States