HRchitect Tech Vendor News: Skillsoft Announces Agreement To Acquire SumTotal Systems

August 22, 2014

DUBLIN & NASHUA, N.H.–(BUSINESS WIRE)–Skillsoft Limited (“Skillsoft”), a pioneer in technology-delivered learning solutions, announced today that its subsidiary, Skillsoft Corporation, has entered into a definitive agreement for the acquisition of SumTotal Systems, LLC from affiliates of Vista Equity Partners (“Vista”), a U.S.-based private equity firm. Terms of the transaction were not disclosed.

Skillsoft has a long history of innovation and delivery of solutions for its customers worldwide, ranging from global enterprises, government, and education to mid-sized and small businesses. The acquisition of SumTotal expands Skillsoft’s solution portfolio and global reach.

SumTotal provides flexible, next-generation human resources (HR) solutions to 3,500 customers and 49 million users worldwide including many of the Fortune 500. SumTotal’s Talent Expansion solution provides personalized learning and HR processes to organizations of all sizes.

“We’re very excited about the opportunity to bring together the experience and strengths of two proven leaders in the cloud-based HR solutions market,” said Skillsoft CEO Chuck Moran. “The integration of these complementary products – Skillsoft’s technology-delivered learning assets and SumTotal’s solutions for learning, talent and workforce management – will allow our customers to break new ground in implementing more comprehensive solutions for managing and expanding their workforce talent.”

“We are pleased to support the management team with such a significant and transformational transaction so soon in our tenure together,” said Frank van den Bosch, Partner at Charterhouse Capital Partners LLP, which acquired Skillsoft in April 2014. “Skillsoft’s acquisition of SumTotal brings together two of the most widely respected and experienced industry players and gives us the ability to present an exciting and compelling opportunity for the combined global customer base.”

“We look forward to joining the Skillsoft family,” said SumTotal CEO Hardeep Gulati. “This acquisition is a pivotal milestone in the 29-year history of SumTotal and a tremendous endorsement of our employees, as well as the differentiated solutions and services that SumTotal provides. I am very excited about the opportunity to provide more value to our customers, who now will benefit from a comprehensive content rich HR solution.”

“It has been our pleasure to work with SumTotal over the past five years to expand their portfolio of solutions and better serve their customers and the HR industry as a whole,” said Brian Sheth, President of Vista Equity Partners. “We are confident that SumTotal and Skillsoft together are well-positioned to deliver tremendous value to customers and we wish the company the very best during its next phase of growth.” As part of the transaction, Vista Equity Partners will maintain a small ownership stake in the combined company.

The closing of this transaction is subject to various conditions, including the expiration of the applicable waiting period under the Hart-Scott-Rodino Act.

Deutsche Bank Securities Inc. acted as exclusive financial advisor to Skillsoft. Committed financing for the transaction is being provided by Barclays, Morgan Stanley, Deutsche Bank and Credit Suisse. Simpson Thacher & Bartlett LLP acted as legal counsel to Skillsoft. Evercore acted as exclusive financial advisor to Vista. Kirkland & Ellis acted as legal counsel to Vista.

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HCM systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 17 years in business working on over 2100 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust for all of your organization’s HCM technology-related consulting needs.

Matt Lafata, HRchitect

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HRchitect Tech Vendor News: SUMTOTAL REVEALS INDUSTRY EXPERT SPEAKERS FOR 10th ANNUAL GLOBAL USER CONFERENCE: TOTALCONNECTION 2014

June 26, 2014

Gainesville, Fla.–  June 26, 2014 – SumTotal® Systems, LLC,  the largest independent provider of learning and HR solutions, today announced open registration for TotalConnection 2014, the company’s  10th annual global customer conference to be held October 27-30 at the Eden Roc Hotel in Miami Beach.

Hundreds of the world’s biggest brands will converge at TotalConnection 2014 to discuss current workplace trends and the realities, innovations and best practices that are shaping today’s talent management strategies.  TotalConnection 2014 will feature keynotes by industry experts, customer-delivered case studies, as well as interactive breakout sessions and hands-on workshops.  General session highlights include:

  • Peter Cappelli, Wharton Management Professor and author of “Why Good People Can’t Get Jobs,” will deliver the opening keynote on Tuesday. Cappelli is an expert on HR management and has studied and written extensively about the skills gap debate, big data in HR and Millenials in the workplace. His insights on the workforce have been featured in leading business publications, including Time Magazine, The Wall Street Journal and The New Yorker.
  • Dave Barry, syndicated humor columnist, will entertain attendees with his humorous take on HR for the keynote on Wednesday afternoon. Dubbed by the New York Times as “The Funniest Man in America,” his Pulitzer Prize-winning articles appear in more than 500 newspapers in the United States and abroad.
  • Fistful of Talent think-tank members Kris Dunn, Tim Sackett, Steve Boese and Laurie Ruettimann will wrap up the conference, hosting an interactive a panel discussion on “The 5 Heroes You Need in Your HR Department.”  The Fistful of Talent minds will bring a fresh perspective on the industry coming from a Workforce magazine blog “without all the boring HR stuff like legal issues and employee relations tactics – just the sexy stuff.”

“We have an amazing customer base with diverse areas of expertise – from talent and learning management to payroll and expense,” said John Huber, SumTotal vice president of customer success. “This event provides a great opportunity for SumTotal customers and industry experts to share next-generation ideas to work toward a common goal: empower employees and transform the workforce for business success.”

This year’s TotalConnection theme is ‘Talent is Boundless: Transform Your Workforce.’ During the three-day event SumTotal will unveil significant HR technology breakthroughs and tactics that provide organizations with a blueprint to drive cutting-edge HR practices, including pervasively delivering contextual learning and information to employees and using big data to drive HR decisions.

SumTotal will announce its Innovation Award winners, honoring customer innovation and success, during the Customer Appreciation Gala dinner. Nominations for the 2014 award are currently being accepted on the TotalConnection website. Past recipients have been honored for using their HR to overcome business challenges like the complexities of compliance,  improving workforce efficiency and building a holistic view of employees by using SumTotal’s elixHR™.

Conference registration will be open online until October 24. To learn more about the event, visit the www.sumtotalsystems.com/totalconnection. Follow us on Twitter @sumtotalsystems and join the conversation using #SumTotalTC14.

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HCM systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 17 years in business working on over 2100 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust for all of your organization’s HCM technology-related consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: Bluegreen Corporation Associates Get Connected with SumTotal Social and Mobile Talent Expansion™ Applications

February 25, 2014

Industry-leading Resort and Real Estate Company Builds on “Share Happiness” Promise Using SumTotal Solutions

Gainesville, Fla.–  Feb. 13, 2014 – SumTotal® Systems, LLC,  the largest independent provider of integrated HR solutions, today announced that Bluegreen Corporation selected SumTotal’s cloud-based Talent Expansion applications to increase associate engagement, improve customer satisfaction and drive business success.

Bluegreen Corporation, a vacation-ownership company and a wholly-owned subsidiary of Woodbridge Holdings, LLC, and an indirect subsidiary of BFC Financial Corporation, is a leading timeshare-sales, marketing and resort management company. To deliver associates the information they need, when and where they need it, Bluegreen required a robust, user-friendly HR solution that could be deployed quickly and easily to its almost 4,500 associates in 60 locations in the US and Caribbean.

“Nearly 1,900 of our associates do not have access to computers during their workday. We needed a mobile solution, like SumTotal, that would enhance learner engagement, create communities to foster greater collaboration, and embed development that is tied back to performance into their day-to-day work,” said Stephen Wilke, director of human resource development for Bluegreen.

Debra Crombie, senior director of resort operations learning and development, said they also wanted a technology platform that enabled distance learning for their 2,200 geographically dispersed associates, who are often unable to leave their resorts for regional training opportunities.

“It’s critical we find a more-effective way to help deliver on our purpose of Share Happiness and on our service philosophy ‘hospitality happens here’,” Crombie said. “We have a small training team in place, and having the tools to develop associates professionally, at the point of need, could be a game changer for customer experience and associate engagement.”

Beyond its administrative and resort staff, the company has customer-care representatives who support its 175,000 global customers.

“SumTotal’s goal is to provide customers with solutions, which go beyond traditional human capital management, to help employees be better at their jobs while they are doing them,” said John Huber, SumTotal vice president of customer success. “Bluegreen understands the value in providing its associates with pervasive and contextual tools and information, and we look forward to helping them meet their business objectives.”

See how other customers, like US Airways, Experian and McAfee, are achieving success with SumTotal Talent Expansion solutions at www.youtube.com/sumtsystems. For additional information, visit www.sumtotalsystems.com and check out the SumTotal Blog for talent management tips and perspectives.

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 16 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: MARTIN ENGINEERING CHOOSES SUMTOTAL TALENT EXPANSION™ SUITE TO DEVELOP AND RETAIN EMPLOYEES

November 5, 2013

Global Manufacturing Company Expands use of SumTotal Solutions; adds SumTotal Talent to Empower Employees for Business Success

Gainesville, Fla.–October 28, 2013– SumTotal® Systems, LLC,  the largest independent provider of integrated HR solutions, today announced that Martin Engineering selected SumTotal Talent: Performance to expand its employee development program, improve retention and drive business growth.

Martin Engineering, the world leader in bulk-materials handling, has been using SumTotal Learn solution to deliver training to employees and across its extended enterprise to customers and distributors. The company recently expanded its use of SumTotal’s applications, adding SumTotal Talent to support its strategic objectives related to employee empowerment.

“As a global organization, we discovered that there are not a lot of tools out there that fit our needs. SumTotal’s solutions offered us an opportunity to have an HR and performance system with capabilities that go beyond other options on the market,” said Kathy Erdmann, Martin Engineering corporate and international human resources lead. “These tools will help us further engage our workforce, identify and develop future leaders, and create the structure for a pay-for-performance culture.”

Erdmann said they selected SumTotal, in part, for the robust and easy reporting, intuitive user interface, and the benefit of getting learning and talent solutions from a single vendor.

“We are excited that Martin Engineering has again selected SumTotal for its talent expansion programs. The company has been a valued customer for years, and we look forward to continuing that relationship and working with them to address their business needs,” said Holly Rollo, SumTotal chief marketing officer.

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 16 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: SUMTOTAL RECEIVES FOUR BEST OF ELEARNING! 2013 AWARDS

September 17, 2013

SumTotal Wins Best of Elearning Awards for Best Enterprise Learning System, Best HR Solution, Best E-learning Development Tool and Best Simulation Tool Categories

 

Gainesville, Fla.– September  5,  2013 –SumTotal® Systems, LLC,  the largest independent provider of integrated HR solutions, today announced that Elearning! readers have selected SumTotal Learn as the Best Enterprise Learning System and SumTotal Work as the Best HR solution at the ninth annual Best of Elearning! Awards, the exclusive readers’ choice awards program for learning and workforce technology and services.  SumTotal ToolBook was honored in two categories, Best E-learning Development Tool and Best Simulation Tool. This marks the fourth consecutive year that SumTotal customers have honored the company with Best of Elearning! Awards. In 2012, SumTotal won for Best Enterprise Learning Management System, Best Talent Management System and Best Learning Content Management System.

“Being recognized by our customers and Elearning! readers is a tremendous honor for us and reflects our commitment to making customers successful by delivering solutions that drive value across the organization,” said Holly Rollo, Chief Marketing Officer at SumTotal Systems. “With a long and strong heritage in learning and talent management, we know that customers need and want practical innovation. That means understanding our customers’ business and HR goals and delivering intelligent solutions that make sense for them, rather than forcing them to adapt to vendor-defined, one-size-fits-all technology solutions.”

Indeed, voters who selected SumTotal Work as this year’s Best HR Technology winner solution commented, “It has enabled us to better manage our workforce, reduce costs and empower employees to be more productive.”

“There is no greater honor than to be recognized by learning professionals as a best-in-class solution provider, and SumTotal Systems was honored with four awards this year,” said Jerry Roche, editorial director, Elearning! Media Group. “The Best of Elearning! Awards are a key resource for those specifying solutions, and when it comes to enterprise learning management and HR technology solutions, SumTotal Learn and SumTotal Work are the solutions voters most recommend.”

Elearning! Awards are presented annually by Elearning! Media Group, the industry voice of the enterprise learning and workforce technology market.  Recipients are nominated and voted on by Elearning! readers, practitioners and community members from both the private and public sector via online ballot. 

As an award winner, SumTotal will be featured in the 2013 Best of Elearning! Awards issues of Elearning! and Government Elearning! magazines in December. Readers will be able to learn more about SumTotal’s Talent Expansion™ solutions and hear how customers are leveraging SumTotal solutions to maximize organizational performance. The awards issue will be available online in December at www.2elearning.com.

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 16 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


HRchitect Tech Vendor News: SUMTOTAL AND SKILLSOFT DELIVER INDUSTRY’S FIRST CONTEXT-AWARE TALENT SOLUTION WITH INTEGRATED CONTENT

August 28, 2013

New Offering Helps Organizations Rationalize Big HR Data by Extending SumTotal’s elixHR Platform to Enable the Pervasive, Dynamic Delivery of Best-Action Learning and Talent Development Content within SumTotal’s Talent Expansion Solutions

Gainesville, Fla.– August 15, 2013 Upon announcing an expanded partnership agreement today, SumTotal® Systems, LLC, the largest independent provider of integrated HR solutions, and Skillsoft, one of the largest providers of technology-delivered learning content, unveiled the industry’s first intelligent talent solution that allows customers to deliver relevant, in-context learning and talent content to employees – when and where they need it – so they can get better at their jobs in real time.

Now, Skillsoft content assets, including traditional courseware as well as video and blended learning modalities, can be made available within SumTotal’s recently announced elixHR™ platform. This partnership will drive significant time and cost savings for customers by reducing administrative overhead and eliminating guesswork around finding and linking the right assets to key competency and learning programs.

“One of the biggest challenges across organizations of all sizes is providing employees with just-in-time learning actions that truly improve their ability to get better at their jobs while they are doing them,” said Hardeep Gulati, SumTotal’s Executive Vice President of Worldwide Products. “By combining the unrivaled contextual and pervasive capabilities delivered by SumTotal’s elixHR platform with Skillsoft’s competency-aligned courseware and content assets, we are providing customers with an intelligent talent solution that knows what learning actions to deliver based on the skill and competency they require to enable employees to be more productive and effective.”

Integrating Skillsoft’s extensive and comprehensive learning assets directly with SumTotal’s learning management solutions (LMS) reduces costs, complexity and risk for customers, specifically around real-time content integration and administration. By dynamically automating the administration of the Skillsoft catalog and delivering real-time content updates, SumTotal helps customers avoid the headaches associated with updating static or aging content, which is critical for ensuring regulatory compliance and keeping certifications current. This tight integration also provides full tracking and contextual text searching across licensed Skillsoft content, providing employees with immediate access to the learning and training actions they need in order to get better at their jobs while they are doing them.

“Learning is an integral part of talent development, but today’s employees are pressed for time more than ever before. Many can’t afford to spend days out of the office getting ramped up on key skills and programs,” said Colm Darcy, Co-Chief Product Officer at Skillsoft. “By providing the most current, relevant content that can be accessed at a time and place that is most convenient for the employee, we are not only helping individuals advance in their careers, but organizations as a whole be more successful. We are pleased to partner with SumTotal to deliver targeted learning content to employees throughout the organization.”

Michael Rochelle, Chief Strategy Officer at Brandon Hall Group, a leading research and industry analyst firm with strong expertise in learning, development and talent management, called the partnership “a real breakthrough” in assisting organizations to efficiently and effectively target the right assets for any learning program.

“The need to assimilate learning assets into competency-based employee programs to drive individual performance, team performance, leadership development and succession planning is extremely important and has been a significant challenge for even the most advanced HR practice-based organizations,” said Rochelle. “Organizations have been craving a more dynamic and technology-enabled solution that requires very little in terms of administration and upkeep. This partnership brings together a simple yet powerful approach through the deepest level of integration, automatic updates, and the auto-assignment features seen yet in the marketplace.”

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 16 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


HRchitect’s HRtechnology Vendor News: SumTotal Unveils elixHR, the Industry’s First Comprehensive Single Source of Truth for People Data

April 12, 2013

HRchitect includes SumTotal Systems in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. If you are looking for a new Human Capital Management (HCM) System, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 16 years, HRchitect has unparalleled knowledge of the HCM vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

Next-Generation Platform Links and Extends Disparate Human Resources (HR) Information to Enable Talent Expansion; Eliminates the Need for Costly HRIS Consolidation

At the company’s recent TotalConnection 2013 customer conference, SumTotal® Systems, LLC, unveiled its ground-breaking elixHR Platform™, the industry’s first virtual single source of truth for an organization’s HR data. Hailed by leading industry analysts as “game-changing,” elixHR is the only software platform that allows organizations to extend and link disparate HR information and processes, as well as external systems and information, to access comprehensive employee data, processes and analytics. As the foundation of SumTotal’s Talent Expansion™ strategy and applications, elixHR delivers pervasive learn, work and talent capabilities across internal and external systems and applications to ensure that employees have immediate access to the tools they need to be better at their jobs while they are doing them.

According to Paul Hamerman, Vice President and Principal Analyst at Forrester Research, Inc., in the October 2012 report entitled Manage Master Data About Your People, “The majority of organizations maintain complex and dynamic human resources data across multiple, disparate, and poorly integrated applications. This lack of a single trusted view of employee data drives a variety of operational and business process inefficiencies and can introduce unnecessary risk into your organization, including risks to data privacy, data security, and financial controls, like payroll and benefits.”

“Organizations have invested significant amounts of time and money implementing multiple systems to help them manage employee information and improve workforce productivity, yet today, most organizations cannot access a global view of their talent,” said Hardeep Gulati, Executive Vice President of Worldwide Products at SumTotal. “SumTotal’s elixHR platform addresses these challenges by essentially enabling a comprehensive view of employee data and making it possible for organizations to access and analyze information to put the right talent initiatives in place to develop and expand their talent to meet their strategic business objectives.”

“SumTotal elixHR provides immediate ROI for companies, like Praxair, that have multiple business and HR systems in place,” said Marc Franciosa, Vice President and Chief Information Officer at Praxair, the largest industrial gases company in North and South America, and one of the largest in the world. “This powerful platform and its virtual system of record have allowed us to continue to get value out of our existing solutions, without the need to rip and replace, while we focus on more strategic areas of our HR transformation.”

By enabling master data management across all HCM processes and information, elixHR delivers high quality employee data, allowing organizations to make faster and more informed decisions about their workforce while reducing operational risks and compliance exposure.

The features and functionality provided through SumTotal’s elixHR platform offer unparalleled business value and benefits, including:

  • Easy integration with other systems including SharePoint, ERPs, CRMs, payroll and HRIS, as well as popular third-party information sources like LinkedIn®, eliminating the need to rip and replace existing systems and delivering significantly faster ROI on an organization’s HR technology investments.
  • Unified portal and portlets that drive superior user adoption and productivity by placing people information and actions where people already work, outside of the SumTotal environment.
  • Embedded workforce analytics and planning capabilities that pull employee information from wherever it is needed for analysis, driving better decisions at the point of action.
  • Comprehensive talent profiles and global employee directory and org charting capabilities that cut across all applications, even those outside of the SumTotal footprint, to provide a unified view of an organization’s people and their knowledge, skills and abilities.
  • Development planning, competency, and job model frameworks as foundational system elements that enable truly integrated talent processes and expand organizations’ people talent.
  • Next-generation mobile and social features that deliver pervasive, real-time access to knowledge sharing and learning and workforce management processes.
  • Fail-safe compliance that helps global organizations operating in heavily regulated environments comply with the most complex certification and regulatory requirements. Battle tested by some of the world’s most complex global organizations, SumTotal elixHR forms the seamless backbone of an organization’s people systems.

Availability

The elixHR platform is available immediately with SumTotal Talent, Work, and Learn applications.

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To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 16 years in business working on over 2000 successful engagements for more than 900 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

Matt Lafata, HRchitect


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