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COLT Deploys SuccessFactors to Support Business Strategy

Posted : Mon, 09 Nov 2009 08:01:27 GMT
Author : SuccessFactors Inc.
Category : Press Release
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LONDON, Nov. 9 /PRNewswire-FirstCall/ -- SuccessFactors Inc. (Nasdaq: SFSF), the global leader in business execution software, today announced at its European customer conference in Barcelona, Spain, that leading European provider of business communications, COLT, has deployed the SuccessFactors Performance and Talent Management suite to support its business strategy of expanding into managed services and new markets. COLT is using SuccessFactors to deploy a new competency framework, aligning and engaging its internal talent to drive organizational performance and growth. SuccessFactors' software is being deployed to all 4,500 employees in Europe and India.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090602/SF26086LOGO)

COLT is a leading European provider of business communications and managed services to major businesses, SMEs and wholesale customers. COLT operates a 13-country, 25,000km network that includes metropolitan area networks in 34 major European cities with direct fiber connections into 16,000 buildings and 19 COLT data centers. COLT Telecom Group S.A. is listed on the London Stock Exchange (COLT).

"SuccessFactors represented the most integrated, functionally rich and user-friendly solution," said Heather Sawyer, Director of People and Change at COLT. "As we are moving aggressively into the managed services space, we need to increase our focus on skills and talent. We also want to ensure that every employee feels personally connected to our corporate strategy with individual goals that are clearly aligned. In looking for a new solution, we also wanted to make a step change to our people processes ready for the new performance year, 2010. The twelve week deployment timescale of SuccessFactors was consequently very appealing. By equipping managers and employees to take ownership of talent management, we hope to improve the quality and speed of our processes - leading to more productive conversations and transparent opportunities. We recognize that it is through engaging our people individually that we will achieve our corporate goals."

The SuccessFactors solution will be deployed in Europe and India by the end of 2009, ready for use from Jan 1st 2010. COLT employees can select to view the solution in English, French, German or Spanish to ensure full engagement, and to support cross country management and reporting.

SuccessFactors CEO Lars Dalgaard added, "It is essential to have the right skills and service levels in place at a global level to support entry into new markets - particularly in the competitive environment of managed services and telecommunications. COLT understands the power of proactively mobilizing and aligning its internal talent to achieve its external objectives. We're looking forward to supporting COLT in expanding its market share as it continues to accelerate its range of services delivery on a global scale."

SuccessFactors recently unveiled its cloud-based Business Execution (BizX) Software suite, which enables companies to bridge the gap between strategy and execution. The Business Execution Software suite empowers the C-level and human resources professionals alike to tie the performance of their people directly to overall business goals and execute more effectively everyday.

About SuccessFactors
SuccessFactors is the global leader in Business Execution Software. The SuccessFactors Business Execution Suite improves business alignment and people performance to drive breakthrough results for companies of all sizes. More than 5 million users and 2,800 companies leverage SuccessFactors every day. To learn more, visit: www.successfactors.com.

Execution Is The Difference(TM)
Follow us: http://twitter.com/SuccessFactors
Fan us: http://facebook.com/SuccessFactors

About COLT
COLT is a leading European provider of business communications. COLT specializes in providing data, voice and managed services to major businesses, SMEs and wholesale customers. COLT operates a 13-country, 25,000km network that includes metropolitan area networks in 34 major European cities with direct fiber connections into 16,000 buildings and 19 COLT data centers.

COLT Telecom Group S.A. is listed on the London Stock Exchange (COLT). Information about COLT and its services can be found at www.colt.net.

    Contacts:
    SuccessFactors
    Dominic Paschel, 415-262-4641
    Director of Public & Investor Relations
    dpaschel@successfactors.com

    Vanessa Land, +44 (0) 870 242 7469 (U.K. Public Relations Agency
    for SuccessFactors)
    vanessa@devonshiremarketing.com

SOURCE SuccessFactors Inc.


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