Leading Provider of Enterprise Social Media Platform Selects SuccessFactors Professional Edition for Small Businesses
Lithium Technologies Implements Performance and Talent Management Suite to Unify Business Units and Objectives
SAN MATEO, Calif.--(BUSINESS WIRE)--SuccessFactors, Inc. (NASDAQ:SFSF), the global leader in on-demand performance and talent management solutions, today announced that Lithium Technologies has implemented SuccessFactors’ Professional Edition for small businesses. The company is using SuccessFactors to manage performance reviews, goals, compensation and 360-Degree Reviews to drive continuity and objective-focused processes to deliver bottom line and top line business success.
Lithium Technologies is the leading enterprise social media software and services provider for deploying and managing successful customer communities. With the growth of enterprise social media, small firms are realizing the benefits of leveraging best practices to foster employee development and communication. Lithium stands on the leading edge of performance management and is dedicated to providing employees with the tools they need to succeed. The company prides itself on offering solutions that decrease support costs, inspire customers to share knowledge, promote brand loyalty and improve the customer satisfaction, and in SuccessFactors found a true partner that could help Lithium develop and track their management objectives and vision.
Lithium liked that SuccessFactors develops its products with the customer experience in mind, resulting in intuitive solutions that are easy to get up and running with minimal IT requirements or support. By standardizing best practices, Lithium is able to more effectively unify the different departments under a single performance management process, as well as create a true pay-for-performance culture.
“We were drawn to SuccessFactors’ on-demand delivery model and performance in meeting the needs of a number of small companies in a wide-range of industries. This proved to us that the technology is capable of helping virtually any company address its performance management requirements,” said Lily Chi, treasurer and senior vice president of finance at Lithium Technologies. “Further, we have a lively, hardworking culture of ‘go-getters’ and SuccessFactors matches this positive tone. The software is engaging and fun to use, so companies can easily mesh the review and alignment processes into the fiber of their business’ standard practices.”
“Innovative, growing companies like Lithium are creating a huge strategic advantage for themselves by recognizing the benefits of technology that not only helps with daily activities, but also contributes to corporate success,” said Shelly Davenport, general manager of SMB for SuccessFactors. “This is a great example of how companies can leverage internal skills and productivity to align with bigger picture corporate objectives – be it revenue growth, talent development, IPO, or acquisition. We’re excited about the potential role that our solutions can play in helping Lithium to attain these goals.”
SuccessFactors’ SMB offerings – Professional Edition for organizations up to 500 employees, and SuccessPractices for organizations with up to 2,500 employees – bring enterprise-class best practices to small and midsize businesses. The Web-based, Software-as-a-Service technology model enables SMBs in all industries to cost-effectively implement the technology without the need for extensive IT support. By providing real-time, company-wide visibility into such critical performance data, companies are able to make better, more informed decisions about how to promote, recruit, compensate, reward and manage their employee base.
About Lithium Technologies
Lithium Technologies is the leading on-demand enterprise social media provider for deploying and managing successful customer communities. Working with large and medium enterprises such as AT&T, Dell, Sony Playstation, Univision, PayPal, and other market leaders, Lithium provides solutions that inspire customers to share knowledge, leading to lower support costs, higher customer satisfaction rates, and increased brand loyalty. Lithium’s flagship platform, Lithium InterActive, is proven in high-volume, growth environments and provides the security, analytics, APIs, and multi-language support that enterprises demand. Founded in 2001, Lithium is privately held with headquarters in Emeryville, California. For more information, visit www.lithium.com.
About SuccessFactors, Inc.
SuccessFactors is one of the fastest growing public software companies and the leading provider of on-demand employee performance and talent management solutions. The company enables organizations of every size, and across every industry and geography, to achieve high-performing workforces through goal alignment and execution, talent development and planning, and pay-for-performance initiatives. From 92 customers and approximately 282,000 end users in 2003 to more than 2,360 customers and 4 million end users today, SuccessFactors’ solutions are widely deployed across 60 industries in over 185 countries in 31 languages. Founded in 2001 with offices around the world, the company employs more than 700 people, all passionately focused on revolutionizing the future of work. For more information, visit: http://www.successfactors.com.
