|By Business Wire||
|December 6, 2012 10:01 AM EST||
SumTotal® Systems, LLC, a global leader in Strategic Human Capital Management (HCM) solutions, today announced it had been named a leader in HCM solutions by Nucleus Research and a market share leader in Talent Management by Bersin & Associates.
In its “Technology Value Matrix – Second Half 2012: Human Capital Management” report, Nucleus Research identified vendors as HCM leaders if they have invested in both functionality and usability features most likely to deliver the greatest initial return on investment and long-term value. The firm based usability and functionality scores on factors such as application intuitiveness, availability of role-based interfaces, productivity impact, breadth and repeatability of functionality, and investment in innovative functionality outside of the core that delivers additional benefits.
“SumTotal offers a complete range of modules for HCM, including HR, payroll and benefits, talent management and workforce management. It also provides social collaboration functionality that most HCM vendors don’t have and an e-commerce solution for learning that is quite unique in the HCM space,” said Gabriel Gheorghiu, principal analyst at Nucleus Research.
The report also highlighted SumTotal’s Strategic Workforce Analytics, which uses an integrated data warehouse to manage data and display it in configurable dashboards, and the company’s flexible deployment options: on-premise, hosted and SaaS.
“SumTotal continues to invest in providing innovative solutions and services, and we are dedicated to helping our customers achieve the results and return on investments they need to be successful,” SumTotal CEO John Borgerding said. “We are happy to be recognized by Nucleus Research as a leader in HCM and remain committed to finding new ways to deliver value to our customers.”
Bersin & Associates’ “The Market for Talent Management Systems 2013” report indicated that the talent management suite software market will grow by an estimated 22% in 2012, reaching more than $4 billion, not including core HRMS and payroll software, in 2013 and 2014. The report listed SumTotal as a revenue market share leader, behind ERP providers Oracle and SAP. It also placed SumTotal in the “fast growth” category, which includes companies with 15%-40% annual growth.
“Our customers understand the value in finding a partner, like SumTotal, that is focused on human capital management,” Borgerding said. “We have seen tremendous growth in the last year and look forward to continuing that momentum into 2013 to remain a market leader.”
For more information about SumTotal, visit www.sumtotalsystems.com.
About SumTotal Systems
SumTotal Systems, LLC. is a global leader of strategic Human Capital Management (HCM) solutions that provide organizations with a new level of visibility to help make more informed business decisions and accelerate growth. Recognized by industry analysts as the most complete solution, SumTotal provides full employee lifecycle management, including a core system of record, from a single provider for improved business intelligence. The company offers customers of all sizes and industries the most flexibility and choice in deployment and configuration. We have increased the performance of the world’s largest organizations, including AstraZeneca (NYSE: AZN[ADR]; London: AZN), Amway (KUL:AMWAY), and Seagate (NYSE: STX).
SumTotal and the SumTotal logo, are registered trademarks or trademarks of SumTotal Systems, LLC. and/or its affiliates in the United States and/or other countries. Other names may be trademarks of their respective owners.
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