Introduction to SAP SuccessFactors | SF history | SF Employee Central
SAP SuccessFactors What is SAP SuccessFactors? SuccessFactors is developed on Software as a Service model (SaaS), and is a cloud-based solution and allows organizations to manage various HR functions like recruiting, tracking people performance, business alignment etc. on the cloud environment. History SuccessFactors was founded in 2001 by Lars Dalgaard and is one of the leading SaaS performance, compensation, learning, and talent management vendors based in San Mateo, California Acquisition by SAP On December 3, 2011, SAP AG and SuccessFactors announced about the acquisition of SuccessFactors by the SAP America, Inc., the subsidiary of SAP. Thereafter SuccessFactors would retain its name and acts as independent as an SAP company. On February 16, 2012, the acquisition was completed. To expand their recruitment product offering, SAP, later in 2014 acquired KMS for On-boarding. Other acquisitions SuccessFactors has acquired quite a few companies before its ac...