Wayland, MA - August 1, 2006 - Softscape, the industry pioneer in advanced people management technologies, today reported continued growth highlighted by a 19% increase in revenues over the first half of 2005. Growth is attributed to innovative product releases, ongoing industry recognition, and momentum across multiple global geographies.
Softscape has achieved a 33% CAGR over the past four years, with specific growth in EMEA and APAC markets. Many new Global 500 enterprise customers have accounted for Softscape´s EMEA sales to grow 24% YTD over 2005, and APAC sales to grow 10% over the same period. In addition, existing customers, including both enterprise and mid-market, continue to broaden their Softscape deployments across the company´s integrated human capital management (HCM) platform.
In February, Softscape launched Softscape Apex 2006 which continues to extend the boundaries of strategic and tactical HR functions in a single integrated and configurable platform. Softscape Apex 2006 features both new and enhanced functionality including: Workforce Planning, Talent Acquisition, Workforce Performance, Learning & Development, Enterprise Compensation, Workforce Collaboration, HR Management, Time & Expense, Surveys & Assessments, and Advanced Reporting & Analytics. In addition, the company introduced its latest version of Softscape CMX, the configuration toolkit that enables customers to easily modify and configure their HCM deployments.
Softscape continues to garner recognition from industry authorities highlighting its unique approach to integrated people management. The company was recently cited as the only vendor offering a complete HR platform in the industry´s most comprehensive Performance Management market study, conducted by Bersin & Associates. Softscape was also recognized as a leader in the 2006 Ventana Research Performance Management Vendor and Product Scorecard.
"Softscape´s success is rooted in the success of our customers," said Dave Watkins, Softscape CEO and co-founder. "Our precision focus on our customers is why we have invested so much in our localized operations around the world. Softscape´s history of innovation, dedication to customers, and growing global markets are the driving force for our continued momentum."
Softscape plans to continue aggressive hiring over the next twelve months to further expand its global operations and support its growing customer base. Opportunities are available in many of the company´s offices including Boston, New York, Washington DC, Chicago, Burlingame, London, Hong Kong, and Bangkok.
About Softscape (www.softscape.com)
Softscape is the pioneer in advanced people management technologies providing organizations unprecedented experience in solving complex business problems. Recognized by leading industry analysts as the most comprehensive integrated people management platform, Softscape´s award-winning web-based software enables customers to enhance productivity, improve effectiveness, facilitate long-term planning, reduce operational costs, and drive organizational performance. Softscape´s customers represent Global 500, mid-market, and government organizations including Seagate, Northrop Grumman, Freightliner, LandAmerica, Medica, the City of Chicago, and the US Department of Homeland Security. Softscape is based in Massachusetts with offices in Chicago, San Francisco, Hartford, Washington DC, New York City, London, Bangkok, Hong Kong, and Johannesburg.
The Softscape logo and marks related to Softscape products are either trademarks or registered trademarks of Softscape, Inc. Other brand & product names contained herein may be trademarks or registered trademarks of their respective holders.
Contacts:
Dan Ring, Softscape, Inc.
(508) 358-1072 x1386 or dring[at]softscape.com