SAP SuccessFactors is an American multinational company headquartered in

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

, providing

cloud-based Cloud computing is "a paradigm for enabling network access to a scalable and elastic pool of shareable physical or virtual resources with self-service provisioning and administration on-demand," according to International Organization for ...

software for human capital management using the

software as a service Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike o ...

(SaaS) model.

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) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...

Global Market under the stock symbol 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 the List of stock exchanges, largest stock excha ...

NYSE Euronext NYSE Euronext, Inc. was a Transatlantic relations, transatlantic Multinational corporation, multinational financial services corporation that operated multiple Stock exchange, securities exchanges, including the New York Stock Exchange, Euronext ...

, and the

Frankfurt Stock Exchange The Frankfurt Stock Exchange (, former German name: , ''FWB'') is the world's 3rd oldest and 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm ( German time). Organisation Located in Frankfurt, ...

( Deutsche Boerse).

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 Systems (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

On December 3, 2011, SAP 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

In October 2013, the firm opened up its platform as part of the SAP Cloud Platform. Applications such as

Accenture Accenture plc is a global multinational professional services company originating in the United States and headquartered in Dublin, Ireland, that specializes in information technology (IT) services and management consulting. It was founded in 1 ...

Audit & Compliance Tool and 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, cobalt, lead, chromium, vanadium, magnesium, boron, and silicon. The name ''sapphire ...

, both becoming SAP Pinnacle finalists as Application Development Partners Of The Year. In January 2022, SAP claimed SuccessFactors had 12,000 customers, with 191 million users in more than 200 countries.

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