
Chicago, IL – September 30, 2009 – SumTotal® Systems, Inc., a market leader and global provider of talent development solutions, today announced from the HR Tech Conference Booth #114 that the company has been recognized as a market leader in the new study released by Bersin & Associates titled, Talent Management Systems 2010: Market Realities, Implementation Experiences, and Solution Provider Profiles. The study highlights SumTotal as one of the top vendors in the talent management systems market based on their established leadership in the enterprise learning market, sophisticated domain management and easy-to-use open activity architecture.
“We are honored to be recognized by Bersin & Associates as a leader in the talent management systems space,” said Barbara Stinnett, President of SumTotal. “This recognition validates our success in developing learning solutions that allow our customers to benefit from increased productivity and a more engaged workforce, truly giving them a competitive edge.”
Bersin & Associates’ research found that the talent management systems market has continued to grow over the past year despite the economy. Based on market research and growth in adoption reported by vendors, Bersin & Associates expects that the market will expand by 15 percent over the coming year.
“Organizations are increasingly seeing the need for a holistic talent development strategy and integrated talent management systems,” said Josh Bersin, President of Bersin & Associates. “SumTotal’s TotalPerformance™ Talent Development Suite is best-suited for global, complex deployments, while the full-featured ResultsOnDemand® SaaS version is gaining steam with the mid-market.”
The Bersin & Associates study features SumTotal’s highly configurable performance management, market leading learning management, competency-based talent development and experience deploying solutions in large, multinational organizations as the key factors helping to position the company at competitive advantage over other vendors within the industry.
This week, SumTotal announced new user experience and social networking features for its Talent Development Suite, including SumTotal Stream, and integrations with Microsoft Outlook, LinkedIn and Facebook. In the last year, SumTotal has made significant updates to its Talent Development Suite with the addition of a compensation management module, an industry-specific Healthcare Solution Set, and improved reporting architectures and workflows across learning and performance systems.
About SumTotal Systems, Inc.
SumTotal Systems, Inc. is the global leader of strategic Human Capital Management (HCM) solutions that provide organizations with a new level of visibility to help make more informed business decisions and accelerate growth. Recognized by industry analysts as the most complete solution, SumTotal provides full employee lifecycle management, including a core system of record, from a single provider for improved business intelligence. The company offers customers of all sizes and industries the most flexibility and choice with multiple purchase, configuration, and deployment options. We have increased the performance of the world’s largest organizations including Sony Electronics (NYSE: SNE), AstraZeneca (NYSE: AZN [ADR]; London: AZN), Amway (KUL:AMWAY), Seagate (NYSE: STX), Dell (NASDAQ:DELL), and Google (NASDAQ:GOOG).
For more information, or to request a demo, please call +1 (866) 768-6825 (US / Canada), +1 (352) 264-2800 (international) or visit www.sumtotalsystems.com.
SumTotal and the SumTotal logo, are registered trademarks or trademarks of SumTotal Systems, Inc. and/or its affiliates in the United States and/or other countries. Other names may be trademarks of their respective owners.
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