The company with over 700,000 subscribers worldwide is planning to put up offices in Korea, Japan, China, Singapore, Malaysia and Hong Kong over the next two years in anticipation of the growing demand for its solution.
In the Philippines, it is negotiating with several large companies engaged in food and beverage, telcos, pharmaceuticals and publishing.
Manny Galvez, vice president for Asia Pacific said their initial clients in the Philippines are Jollibee Corp. and Pascual Laboratories in partnership with SGV-DDI and Watson Wyeth.
Jollibee has acquired the success planning module to be used in monitoring the performance and potential of its employees. Pascual Labs had bought two modules total good management and performance management.
"There is a big potential market for our software in the country and we expect that over the next three years there would be about 150,000 users of SuccessFactors," said Galvez who was formerly the vice president and general manager of Informatica.
Galvez is optimistic that his company would become a leader in the workforce performance system in the local market within the next three years.
"Our strategy is to directly partner with big human resource companies that would implement our solution." The average implementation time is three months.
The workforce performance management suite enables organizations to rapidly align, develop, motivate and maintain a high-performance workforce.
Its dramatic success in this talent management category was attributed to focused execution in delivering unprecedented time to value through an application that touches every employee in the company.
SuccessFactors’ on-demand software has the power and ability to change people’s lives because it gives the answers to why people should spend so much time to work, how their efforts align to results, how they are compensated according to performance, how their career paths and futures are created.
The technology’s ease of use and low cost had resulted in the company’s doubling the number of active users in less than six months.
With its on-demand workforce performance management suite, SuccessFactors has outstripped on-demand enterprise application software provider Salesforce.com with 267,000 users.
The company is able to develop and deploy new features every month with no additional cost or effort to the customer, unlike other enterprise application vendors that typically issue a new release every 18 months and impose costly implementation, maintenance and upgrade fees.
A Gartner report showed that business performance improves when there are strong employee performance management (EPM) practices, while an EPM software is an important enabler of these practices.
Key practices such as alignment between corporate and individual goals and pay for performance are driving many companies to implement these technologies to improve business performance. (Edu H. Lopez)
