As an HR leader, you know it’s critical that you connect your workforce to your organization’s purpose. Time and time again, research and results show that when you do, you — and your business — improve results.
Companies that prioritize purpose in their workforce have increased sales by 20 percent, 1.4 times higher employee engagement and retention, and see six percent higher returns on their stock price (Project ROI Report, 2015 & EY, 2015).
As you strive for similar results and digitally transform HR and your organizations, we realize the importance of advice and guidance. With this in mind, we’re honored to announce that for the third consecutive year, SAP SuccessFactors has been named a Leader in the 2018 Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises. According to Gartner,
“Leaders demonstrate a market-defining vision of how HCM technology can help HR leaders achieve business objectives. Leaders have the ability to execute against that vision through products and services, and have demonstrated solid business results in the form of revenue and earnings.
In the cloud HCM suite market, Leaders show a consistent ability to win deals, including the foundational elements of admin HR (with a large number of country-specific HR localizations) and high attach rates of TM, WFM and HRSD capabilities. They have multiple proof points of successful implementations. Further, these customers have workforces deployed in more than one of the main geographic regions (North America, Europe, MENA, Latin America and Asia/Pacific), in a wide variety of vertical industries and sizes of organization (by number of employees).
Leaders are often what other providers in the market measure themselves against.”
While we are appreciative of this recognition, we are frankly more humbled by this and feel a tremendous sense of responsibility to continue to provide you with the clarity and guidance you need to realize incredible success in your industry.
We’ve been providing HR leaders, like you, with trusted guidance for more than 30 years. Right now, more than 53 million people around the world use SAP SuccessFactors every day. This represents more than 6,500 customers that trust and rely on our HCM suite in more than 200 countries, across all industries, geographies, and organization sizes.
More than 53 million people around the world use SAP SuccessFactors every day
Our global scale and capabilities, combined with our relentless focus on data security, innovation, and customer success, has never been stronger. As a Leader for three consecutive years in this Gartner Magic Quadrant, we believe you can now have even more confidence not only in SAP SuccessFactors HCM suite, but in SAP overall.
Moving forward SAP SuccessFactors is honored to continue to serve as your trusted guide and provide innovative, intelligent capabilities — especially as part of the Intelligent Enterprise, and one of the largest communities of HR and HR technology professionals on the planet — all to keep you connected and confident on your digital transformation journey.
On the journey together, we’ll create new, meaningful experiences that build stronger relationships between your company and your employees and create a culture of purpose-driven performance. We’ll also form new partnerships with peers and innovators to break down long-standing barriers and give rise to new ideas defining the future of work. Let’s do this, let’s work together to create an inspired, engaged workforce that improves both individual and organizational performance.
To learn more about SAP SuccessFactors’ recognition in cloud-based human capital management from analyst research firms, download the reports here.
Mark Brandau is senior vice president of Solution Management for SAP SuccessFactors.
Gartner does not endorse any vendor, product or service depicted in its research publication, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose
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Gartner Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises, Melanie Lougee, Ranadip Chandra, Ron Hanscome, Helen Poitevin, Chris Pang, Jeff Freyermuth, Sam Grinter, John Kostoulas, Jason A. Cerrato, August 15, 2018.