SumTotal Named Hot Vendor by Ventana Research for Third Year in a RowReported by i-Newswire.com on Monday, 23 July 2012 (on July 23, 2012)
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Market Leading Compensation Management Solution Fully Integrated into End-to-end Human Capital Management Platform
Market Leading Compensation Management Solution Fully Integrated into End-to-end Human Capital Management Platform
SumTotal(R) Systems, Inc., the global leader in Strategic Human Capital Management (HCM) solutions, today announced the company was named "Hot Vendor" for the third year in a row by Ventana Research in the latest 2012 Value Index for Total Compensation Management. SumTotal has consistently been recognized for its advancements in HCM solutions over the past decade, and this latest report is further validation of the company's comprehensive product offerings.
The 2012 Value Index for Total Compensation Management is the distillation of a year of market and product research efforts from Ventana Research. Technology vendors earning the highest "Hot Vendor" classifications are those that Ventana Research certifies "best to deliver buyer value" based on a thorough evaluation and verifiable facts.
"The fragmentation of compensation management within many organizations can result in poor decisions based on inaccurate or out-of-date information," said Mark Smith, CEO & Chief Research Officer, Ventana Research. "SumTotal continues to be a key vendor for human capital management and compensation management. They are leading the way for organizations to improve employee retention and be more effective in managing the workforce."
SumTotal Compensation Management simplifies and standardizes the planning, modeling, budgeting, analysis, and execution of global compensation and reward policies. Built on the industry's most complete cloud-based talent management platform, SumTotal Compensation Management enables customers to achieve global compensation visibility and build a culture of high performers, while reducing the cost and complexity of compensation administration. SumTotal uniquely provides native integrations from Compensation Management to all other core human capital management processes in order to support a holistic, end-to-end talent management strategy.
"We're thrilled to be honored for the third year in a row by Ventana Research," said John Borgerding, SumTotal Systems CEO. "Our customers recognize the need for unified solutions to improve how they manage their workforce. We remain committed to our customers and delivering the industry's most complete and advanced strategic human capital management solutions."
For more information about SumTotal, visit the company’s website at http://www.sumtotalsystems.com/
About Ventana Research
Ventana Research is the most authoritative and respected benchmark business technology research and advisory services firm. We provide insight and expert guidance on mainstream and disruptive technologies through a unique set of research-based offerings including benchmark research and technology evaluation assessments, education workshops and our research and advisory services, Ventana OnDemand. Our unparalleled understanding of the role of technology in optimizing business processes and performance and our best practices guidance are rooted in our rigorous research-based benchmarking of people, processes, information and technology across business and IT functions in every industry. This benchmark research plus our market coverage and in-depth knowledge of hundreds of technology providers means we can deliver education and expertise to our clients to increase the value they derive from technology investments while reducing time, cost and risk.
Ventana Research provides the most comprehensive analyst and research coverage in the industry; business and IT professionals worldwide are members of our community and benefit from Ventana Research's insights, as do highly regarded media and association partners around the globe. Our views and analyses are distributed daily through blogs and social media channels including Twitter, Facebook, LinkedIn and Google+.
To learn how Ventana Research advances the maturity of organizations' use of information and technology through benchmark research, education and advisory services, visit http://www.ventanaresearch.com/
About SumTotal Systems
SumTotal Systems, Inc. is the global leader in 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 http://www.sumtotalsystems.com/
Company Contact Information
SumTotal Systems, Inc.
L Stanikmas
2850 NW 43rd Street, Suite 150
Gainesville, Florida 32606 USA
01803
+1 352 264 2800
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