Industry Analysts Recognize SumTotal for Market Share, Growth and Delivering ROI
GAINESVILLE, Fla., Dec. 6, 2012 – 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 Talentmanagement 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 Talentmanagement 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.
Über SumTotal Systems
SumTotal Systems, LLC, the largest independent provider of integrated human resources (HR) solutions, is increasing the performance of some of the world’s most successful organizations, including AstraZeneca (NYSE: AZN[ADR]; London: AZN), Amway (KUL: AMWAY), and Seagate (NYSE: STX). The only HR solution provider to deliver Talent Expansion, a whole new approach to discovering, developing and unleashing hidden potential within our customers’ workforce, SumTotal delivers employee enablement solutions that help organizations become great places to work. SumTotal’s people-focused applications, available on premise and in the Cloud, enable contextual, just-in-time development designed to advance employees’ skills and knowledge. Today, more than 3,500 organizations, including several of Fortune’s “Best Places to Work,” rely on SumTotal’s on premise and cloud-based Talent Expansion applications to enable an empower their employees. Visit us at www.sumtotalsystems.com.
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