SumTotal Achieves Key Customer Growth and Continues to Gain Corporate Momentum in Q2 2010
Strong customer acquisition and existing customer growth coupled with investments in key product enhancements round out the quarter
Mountain View, CA (PRWEB) August 5, 2010
SumTotal® Systems, Inc., a market leader and a global provider of talent development (http://www. sumtotalsystems. com/products/talent-development. html) solutions, today announced the company achieved extremely strong results in the second quarter of 2010 with growth among both new and existing customers. SumTotal exceeded all revenue and growth targets and continues to strongly invest in its products including the latest version of the company's learning and performance management offerings, and the award winning ToolBook® (http://www. sumtotalsystems. com/products/toolbook-elearning-content. html) solution. With more than 1,600 customers worldwide, SumTotal continues to expand its reach across several industries including Retail, Healthcare, Financial Services and Manufacturing.
"We showed continued market growth in the second quarter through competitively winning strategic, key accounts. This continued success is a direct result of SumTotal's dedication to providing innovative talent development solutions to today's HR executives," said John Borgerding, President of SumTotal Systems. "We remain committed to investing in and bringing emerging technologies to market in order to provide our customers with the products that best fit their talent management needs."
During the second quarter of 2010, SumTotal signed new North American customers including: ARAMARK Corp., Dow Jones & Company, Deloitte Consulting LLP, Health Care Services Corp., and Zachry Brands; EMEA customers including: AIRBUS SAS, Capgemini, and Stranix Co; and APAC Region customers including AmBank, IntoOne, Inc., and Treasury Group Ltd.
The company also extended relationships with current customers including American Management Association, Avanade Inc., Harley-Davidson, Inc., Newmont USA Limited, Poudre Valley Health System and Wendy's.
In addition to extending relationships with new and existing customers, SumTotal announced a partnership with Akamai Technologies (http://www. sumtotalsystems. com/press/index. html/2010/05/26/1) to enhance the SumTotal ResultsOnDemand® (http://www. sumtotalsystems. com/products/on-demand-talent-development. html) offering and allow for significant performance improvement through greater Web acceleration solutions. SumTotal also announced "Pathlore Unlimited" and "Docent Unlimited" programs to ensure that customer's investments are protected and they continue to get tremendous value from these solutions. SumTotal's ToolBook product was also recognized by Brandon Hall Research with two silver awards (http://www. sumtotalsystems. com/press/index. html/2010/05/03/1) for Best Advance in Technology for Rich-Media Authoring and Best Advance in Technology for Mobile-Learning Authoring.
About SumTotal Systems, Inc.
SumTotal Systems, Inc. is a leading provider of proven talent development solutions that automate and integrate learning, performance, and compensation management to drive business results on a daily basis. Our solutions strengthen and develop employee skills to accelerate time-to-market, close skill gaps, and reduce the risk of business disruptions. With more than 1,600 customers and 18 million users worldwide, we have increased the performance at some of the world's best-known companies, organizations and government agencies. Our category leadership and applied insight help us understand the critical success factors for businesses of all sizes. For more information, visit www. sumtotalsystems. com
SumTotal, the SumTotal logo and ToolBook 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.
This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: www. HRmarketer. com) on behalf of the company listed above.
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