Halogen Announces Record Year
Company solidifies leadership position, secures strategic wins over competition.
Ottawa, ON (PRWEB) February 13, 2008
Halogen Software Inc., a leading provider of web-based employee performance and talent management software, today announced that 2007 marked another record year in sales with 60 percent year-over-year growth. The fourth quarter of 2007, included record revenue with the company closing nearly 200 deals. Halogen’s proven ability to deliver an offering that provides enterprise-level functionality to organizations of all sizes, as well as a unique “On-Choice” deployment model has established Halogen as the solution of choice.
The employee performance and talent management market is growing rapidly, with a recent market study from Bersin & Associates valuing the talent management market at an estimated $2.8 Billion in 2008. Halogen’s growth continues to outpace even the rapid growth of this market segment due to the company’s focus on highly powerful, flexible and affordable employee performance and talent management applications. The company continues to build on its momentum in the industry securing its leadership position by winning nearly 200 deals and 200,000 seats in 2007 in competitive opportunities over its largest competitor, SuccessFactors.
Staying Informed with Halogen
One of Halogen’s newest customers, comScore, Inc., with nearly 900 clients, is a global leader in measuring the digital world. comScore analysts apply a deep industry knowledge to help clients design powerful strategies for their online marketing programs. To maximize this human capital expertise, the organization recognizes the need for an enterprise-level employee performance and talent management solution.
“With a geographically dispersed workforce, a paper-based process was cumbersome. We looked for an online system that would enable our employees to complete their appraisals wherever they are and make sure the process is consistent across all locations,” said Glenn Krauser, Sr. Vice President of Human Capital with comScore. “In the end, Halogen gave us the functionality we need and enables us to maintain the same process and forms our employees are familiar with. As we introduce changes to the forms or process, we will depend on the Halogen system to implement them.”
The addition of industry-specific solutions for financial services (http://www. halogensoftware. com/products/eappraisal-financial-services/) and professional services (http://www. halogensoftware. com/products/eappraisal-professional-services/) to Halogen’s product family, as well as Halogen’s long-standing and successful healthcare solution (http://www. halogensoftware. com/products/eappraisal-healthcare/), contributed to the company’s growth this past year. Customers in these verticals rose by over 60 percent year-over-year.
Delivering Enterprise-class Functionality Located in Jacksonville, Florida, EverBank®, with over 1500 employees, is consistently recognized by the industry for its quality products and services. The key to EverBank’s award-winning performance is its commitment to creating a high-performance workforce. EverBank recently selected Halogen eAppraisal to optimize its employee performance and talent management.
“We were looking to make the move from a manual process to an automated streamlined system,” said Kristina Herod, Compensation Manager with EverBank. “Our focus was on introducing enterprise-class functionality to the process to include enhanced goal setting and management and review tracking. The Halogen offering provides all the flexibility and functionality we need, while enabling HR to stay in control of the process and to make changes without the assistance of IT or the vendor.”
About Halogen Software
A recognized industry leader with over 1000 customers worldwide, Halogen Software makes powerful, simple-to-use and affordable employee performance and talent management applications. The company offers a complete suite of web-based products that automate, simplify and integrate employee performance management, 360/multi-rater feedback, compensation management, succession planning and learning management. Halogen’s offering makes HR best-practices accessible to companies of all sizes and its healthcare, financial services and professional services specific suites meet the unique needs of these industries. Halogen is consistently recognized by the industry and its customers for its exceptional implementation and support services, and has won multiple awards for its corporate leadership and product innovation, including HR Technology Product of the Year. For more information, visit www. halogensoftware. com.
Media contact:
Maggie Patterson
PR Consultant, Halogen Software
T: 613-989-1866
E: mpatterson(at)ripnet. com
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www. HRmarketer. com) on behalf of the company listed above.
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