MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- SumTotal® Systems, Inc. (NASDAQ:SUMT), the market leader and global provider of talent development solutions, today announced the 8.0 release of the SumTotal Talent Development Suite, bringing a unified approach to the critical components needed to successfully address businesses' Talent Development challenges. From easy-to-use self-service user portals and informal learning to rich content creation and content management to industry-leading learning and performance management, the SumTotal Talent Development Suite combines the power of best-in-class applications with the simplicity of a single solution.
“We are proud to be the first company offering a complete, unified solution for Talent Development that provides all the critical components to help companies leverage the talent strategically within their organization,” said Don Fowler, chief executive of SumTotal. “SumTotal has brought together a powerful, yet simple solution so that organizations no longer have to compromise on capability, scalability, deployment methods or ease-of-use. Organizations can now focus on developing their talent and employees at all levels without having to cobble together point solutions.”
With the benefit of over 20 years of experience and best practices across industries, SumTotal 8.0 puts best-in-class capabilities in the hands of managers, employees, and administrators. It allows organizations to tailor their talent solutions to drive their unique business needs, instead of having to tailor their business needs and processes to fit their talent solutions. Supported by SumTotal’s innovative Anytime, Anywhere Access capabilities and a unique integration framework, the SumTotal Talent Development Suite provides the power to automate the most complex processes, the simple interface for users and administrators to start now, and the luxury of not having to compromise one for the other.
“Sum Total has noted the pain points their customers experience and report, and provided new system functionality to meet business and end-users needs,” says Donna Nelson, manager, learning management system, from APL Limited. “The new features, such as the assignment by audience, the out of the box integrations, professional look/feel, and reporting functionality are very important and useful enhancements.”
“With 8.0, SumTotal has unified a complete talent development solution that simplifies and enhances the process of ensuring organizations have a steady supply of talent,” said Josh Bersin, president of Bersin & Associates, an independent research firm. “This release helps organizations easily bring together components from a variety of sources to build a rich talent profile for all users, while also providing the tools and workflows to drive the development of those users. With innovations in informal learning, mobile delivery, content search, and user experience, SumTotal provides a solution to companies who are trying to solve imminent business problems without having to compromise on capability or usability.”
For more information about SumTotal’s talent development solution, please see: http://www.sumtotalsystems.com/lp/SumTotal8.html. In addition, SumTotal is providing a series of web seminars starting with implementation best practices. For more information, go to http://www.sumtotalsystems.com/talent-webseminars.html.
SumTotal Systems, Inc. (NASDAQ:SUMT) the market leader and global provider of talent development solutions. SumTotal deploys mission-critical solutions designed to drive learning, align goals, develop skills, assess performance, plan for succession and set compensation. SumTotal’s solutions aim to accelerate performance and profits for more than 1,500 companies and governments of all sizes, including six of the world’s 10 biggest pharmaceutical makers, six of the 10 largest automotive companies in the world, four of the five branches of the U.S. Armed Forces, three of the world’s top five airlines, five of the six largest U.S. commercial banks and two of the world’s top five specialty retailers. Mountain View, Calif.-based SumTotal has offices across Asia, Australia, Europe and North America. For more information about SumTotal's products and services, visit www.sumtotalsystems.com.
SumTotal and the SumTotal logo are registered trademarks or trademarks of SumTotal Systems, Inc. and/or its affiliates in the United States and/or other countries. Other names may be trademarks of their respective owners.
Information in this press release contains forward-looking statements, including, but not limited to, the anticipated benefits, results and performance of SumTotal's products and solutions, such as SumTotal 8.0. These statements represent SumTotal's expectations or beliefs concerning future events. These statements are not historical facts or guarantees of future performance or events and are based on current expectations, estimates, beliefs, assumptions, goals and objectives, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from the results expressed or implied by these statements. Readers of this press release are cautioned not to place undue reliance on any forward-looking statements. Additional factors that could cause actual results to differ include, but are not limited to: (i) unknown errors or bugs in SumTotal's software solutions, including SumTotal 8.0; (ii) the acceptance of SumTotal's software suite and future product offerings, including SumTotal 8.0; (iii) the ability to successfully manage and increase growth, both within and outside of the United States, significant current and expected additional competition, and the need to continue to expand product distribution and services offerings; (iv) the actual demand and growth of the market for performance management products and services; (v) the inability to fix in a timely fashion unanticipated bugs, errors or defects that materially impact the functionality or usability of SumTotal 8.0 or SumTotal's software; (vi) the ability to successfully implement SumTotal's solutions in the future; (vii) the ability to successfully address technological developments and standards; and (viii) other events and other important factors disclosed previously and from time to time in SumTotal's filings with the Securities and Exchange Commission, including SumTotal’s annual report on Form 10-K for the year ended December 31, 2007, its quarterly report on Form 10-Q for the quarter ended March 31, 2008, and its Form 8-Ks. The forward-looking statements contained in this release are made as the date of this release, and SumTotal does not assume any obligation to update such statements to reflect events or circumstances occurring after the date of this release.