Leading cloud-based business execution software company, SuccessFactors recently announced new global survey results, and the latest release of the Business Execution (BizX) Suite, including Employee Central 2.0, social learning and new features across the Suite that drive real business results for companies around the world.
In a global survey of CIOs and CHROs commissioned by SuccessFactors, more than 80 percent of respondents are expecting to upgrade their core HR system in the near future, and in conjunction, the vast majority are actively seeking cloud-based options (69 percent of organisations surveyed).
Brad Mattick, Head of Worldwide Product Marketing for SuccessFactors, commented, “For years HR leaders and CIOs have been forced to cobble together various solutions from different vendors to meet their business results.”
As companies decide whether to invest even more money in upgrading their legacy systems, SuccessFactors offers a stark alternative: a BizX Suite that includes both strategic talent management and core HR functionality in one comprehensive, cloud-based solution.
Mattick continued, “Adding Employee Central 2.0 and SuccessFactors Social Learning to our BizX suite makes us the only solution provider offering all pillars of talent management, built on a foundation of core HR and analytics, in one place. This gives our customers a clear advantage.”
In addition to the recent software update, SuccessFactors also commissioned an extensive business research report entitled ‘The Link Between Strategic Alignment and Staff Productivity’. The report identifies three critical areas for determining failure or success in this area: Alignment & Collaboration, Performance & Productivity, and Growth & Talent.
According to the report, only twelve percent of organisations surveyed possess an IT system that delivers the information needed for business management and execution. In comparison, nearly three out of four respondents whose companies use collaborative technologies, such as SuccessFactors’ CubeTree, feel their organisation communicates business strategy ‘well’ or ‘very well’.
SuccessFactors’ is also providing organisations with the opportunity to generate a personalised performance and alignment report. The individualised report can be created by answering a series of simple multiple choice questions. This then provides the organisation with both an Alignment & Collaboration and a Performance & Productivity score to help achieve business goals and objectives.