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Softscape Continues Record Breaking Growth Winning Numerous Global 2000 Accounts for Large HR Platform Deployments
Tuesday, August 11, 2009 9:59 AM


(Source: Business Wire)trackingSoftscape, the global leader in people management software, today announced strong results for the first half of 2009 with numerous new global enterprise customers, each with an average deal size over $1 million, as well as existing customers expanding their HR technology deployments. In addition, Softscape achieved 160% growth overall in the first half of the year, compared to previous period, specifically for the company's software-as-a-service (SaaS) offering. Driven by this impressive momentum, Softscape is further expanding its global marketing and business operations with regional business centers to support its growing international customer base.

Softscape closed 129 new contracts year-to-date, with 62% coming from the Healthcare, Pharmaceutical, Education, Retail, Professional Services, and Public Sector industries. New customers included Imdex (ASX:IMD), The Sundt Companies, and Kone Corporation (OMX Helsinki: KNEBV). Softscape also achieved 327% growth in the second quarter for its SaaS offering. Forty percent of new business came from the APAC and EMEA regions as more customers adopt the "one-stop" vendor approach to HR enterprise software by purchasing four to six modules at initial contract. This trend is expected to continue as organizations recognize the need for enterprise compliance reporting and detailed workforce analytics, which can only be met with a complete single platform.

With this continued growth across multiple markets and geographies, Softscape has appointed Christopher Faust as Chief Marketing Officer to expand its world-wide marketing function and further extend the company's global reach. Mr. Faust brings a wealth of marketing knowledge and expertise having spent nearly 20 years designing, consulting, and marketing enterprise software, specifically for HR. Over the last six years in his role as EVP of Global Strategy, Mr. Faust has contributed to making Softscape a category leader in the human capital management (HCM) market, with a focus on customer results, and has authored and published numerous executive briefs, field guides, and business case tools that have helped customers achieve their people management objectives.



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