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Peoplefluent Increases New Bookings by 30 Percent in 2011Company Achieves Record Q4 Fueled by Visionary iPad and Gamification Strategy (February 02, 2012)
RALEIGH, NC and WALTHAM, MA -- (Marketwire) -- 02/02/12 -- Peoplefluent, offering a unique combination of best-of-breed mobile and SaaS suite solutions for Total Talent Management, today reported a 30 percent increase in net new annual recurring revenue (ARR) bookings across the full Talent Management suite. In addition, the company indicated that it had achieved a record-breaking fourth quarter in new bookings, fueled in part by customer interest in the Company's visionary iPad and gamification products and strategy, launched in the fall of 2011.
"We are proud of our accelerating organic growth and especially encouraged by the customer endorsement of our strategy that underlies this performance. Peoplefluent has been focused on building and delivering innovative solutions that will unite people and Talent Management processes in exciting ways: by enabling and encouraging learning, collaboration, analytics and best decision making practices for the enterprise. The execution of this strategy began last year with our collaborative mobile and gaming launches and continued earlier this week with our Learning Solutions acquisition," said Charles S. Jones, Chairman and CEO of Peoplefluent. "We are focused not simply on HR processes -- such as performance evaluation -- but more importantly, on enterprise-wide performance improvement and the adoption of new skills and outcomes through an engaging experience with mobile and gaming technologies. With these initiatives, and additional developments near on our horizon, we intend to transform the ways in which businesses use traditional Talent Management applications to build productive, united and engaged professional communities."
Today's news follows the announcement earlier this week of Peoplefluent's acquisition of Strategia, a Canadian-based Learning Management solutions company with award-winning technology and functionality, a modern SaaS platform, a highly recognized customer base and exceptional customer satisfaction. With this acquisition, Peoplefluent added a key Learning component to its Talent Management portfolio. The Company now delivers the broadest Talent Management experience and capability, and offers the deepest integrated functionality and reporting available in a single unified and integrated offering.
Mr. Jones concluded, "Peoplefluent's dedication to innovation will not cease. We are endlessly committed to delivering compelling business solutions to our customers, to help them increase the productivity and engagement of their workforces while extending the life and value of their existing systems."
Peoplefluent is transforming Talent Management through best-of-breed technology and expertise. With a deep focus on business intelligence and analytics, the Company's mobile and SaaS technology gives clients the actionable insight required to make strategic decisions that drive better business results. Nearly 80 percent of the Fortune 100 use Peoplefluent Talent Management, Vendor Management and Workforce Compliance and Diversity solutions to manage salaried, hourly and contingent labor across their organization. These solutions manage the entire talent lifecycle from recruiting to onboarding and through the ongoing management of each person's career while helping organizations measure, analyze and empower their existing workforce. The Company's solutions currently support more than 5,000 organizations ranging in size from large, global corporations to small and medium-sized businesses, and it is used by more than 5 million users in 214 countries and territories around the world.
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