MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--SumTotal® Systems, Inc., a global leader in complete talent management solutions, today announced that it has acquired Softscape. This brings together industry pioneers with a strong history of innovation and combines proven leadership to address the needs of global enterprises. SumTotal will provide the most comprehensive talent management solution available in the industry to its more than 1,800 customers and 25 million users worldwide, including 43% of the Fortune 500.
“With the acquisition of Softscape, SumTotal has created the absolute industry leader in complete talent management software,” said John Borgerding, President of SumTotal Systems. “Now our solution is years ahead of any other provider and we have the deepest domain expertise in the industry with the global infrastructure to deliver comprehensive solutions and services to our customers.”
Softscape was the first company to incorporate integrated talent management into its business strategy, and because of its vision and head start in the HR software industry, the company had developed many advanced features not found in other solutions. SumTotal will now deliver to the market a complete talent management solution that covers all strategic HR functions including learning, performance, compensation, succession, social collaboration, hiring, planning, analytics, and a core HR system of record.
“This acquisition creates a major new force in talent management software,” said Josh Bersin, CEO and President of Bersin & Associates. “Our research shows that 75% of all HR systems buyers now want an integrated talent management platform. The days of ‘standalone’ HR silos and fragmented solutions are slowly coming to an end, and as a result of this acquisition SumTotal is addressing customers’ demand for a single vendor that’s capable of delivering an end-to-end solution.”
“Both Softscape and SumTotal share a vision to help organizations improve operational efficiencies and workforce effectiveness. We are passionate, creative, and customer-centric with a focus on further expanding an end-to-end software platform for all aspects of HR,” said Richard Watkins, Chief Technology Officer at Softscape. “The synergies across our two organizations and technology leadership will allow us to support customers on a whole new level.”
With both companies’ product platforms being built on a similar architecture, the synergies in technologies will allow for easier integration of products and faster deployment to customers who are looking for a complete HR solution from a single vendor. To support the company’s growing customer base, SumTotal will now have over 700 employees worldwide and offices in United States, Europe, India, Thailand, China, Japan, and Australia.
“We have been a customer of both SumTotal and Softscape for many years and we strongly believe the joining of these two companies will lead to a comprehensive talent management solution for Johnson Controls,” said Monte J. Nuckols, VP Global Applications at Johnson Controls (NYSE:JCI). “We have long thought that no best-of-breed solution could sustain for the long term. With this news, it is clear that SumTotal is thinking long term and that the extensive reach of their solution will deliver greater value at a reduced risk for the market. We look forward to continuing our relationship and leveraging their solutions to meet Johnson Controls’ needs.”
For additional details regarding the acquisition, please visit: www.sumtotalsystems.com/softscape.
About SumTotal Systems, Inc.
SumTotal Systems, Inc. is the global leader in complete talent management software that enables organizations to more effectively drive business strategy. Recognized by industry analysts as the most comprehensive talent management solution, SumTotal provides full employee lifecycle management, including a core system of record, in a single software platform for improved business intelligence. The company offers customers of all sizes and in all industries the most flexibility and choice with multiple purchase, configuration, and deployment options. With more than 1,800 customers and 25 million users worldwide, we have increased the performance of the world’s largest organizations including Sony Electronics (NYSE: SNE), AstraZeneca (NYSE: AZN [ADR]; London: AZN), Amway, GKN (London: GKN), and Seagate (NYSE: STX). For more information, visit www.sumtotalsystems.com
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