SuccessFactors was founded in 2001 by Lars Dalgaard. In November 2007, the company went public on the NASDAQ Global Market under the stock symbol SFSF. In July 2008, SuccessFactors successfully completed the move to the NYSE, NYSE Euronext, and the Frankfurt Stock Exchange. It has its services translated into 41 languages and currently has more than 6,400 customers with over 100 million users in 60 industries in over 100 countries.
Acquisitions
Infohrm - In February, 2010, the firm acquired Infohrm, an Australian-based HR analytics business,
Cubetree - May, 2010 - it acquired CubeTree- social software
Jambok - March, 2011 - it acquired Jambok, a small platform company with a solution for social learning and knowledge sharing.
YouCalc – On October 17, 2010, it announced its acquisition of this Denmark-based SaaS service. On October 18, 2010, SuccessFactors launched the first Calculator in the Cloud technology, allowing business users to do analysis of real-time data for insight and predictions.
Plateau – The firm announced the acquisition of Plateau on April 26, 2011, developer of one of the first Learning Management Systems,.
Jobs2Web, Inc – On December 6, 2011, the firm announced the purchase of closely held Jobs2Web Inc. for $110 million in cash. A SAP spokesman commented SuccessFactors is still a separate company and it has the prerogative to make deals until the SAP acquisition closes.
On December 3, 2011, SAP AG and SuccessFactors announced that SAP's subsidiary, SAP America, Inc., had entered into a merger agreement with SuccessFactors to acquire all outstanding shares of its common stock. It was also announced that the firm would remain independent and be named "SuccessFactors, an SAP company". The acquisition was completed on February 16, 2012. SAP and SuccessFactors have evolved a great deal over the past several years and they now have a new name and logo to share. Instead of “SuccessFactors, an SAP Company”, the company is now officially being called SAP SuccessFactors.
Products
As of December 2013, SuccessFactor's Learning Management System had over 600 customers with 11.5 million users. Its Talent Management System had over 4,000 customers with 25 million users. As of October 2013, the firm opened up its platform as part of the SAP Cloud Platform. Applications such as Accenture Audit & Compliance Tool and were showcased during the 2014 Annual SAP Conference, SAPPHIRE. both becoming SAP Pinnacle finalists as Application Development Partners Of The Year