Saba Concludes Largest User Conference in Company's History
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Saba Announced Breakthrough Enterprise Social Networking Platform,
OnDemand Momentum, and Top Marks from Recent Industry Analyst Study at
the Event
WASHINGTON--(Business Wire)--
Saba Software, Inc. (NASDAQ:SABA), the premier people management
software and services provider, today concludes its People 2008 - Saba
Global Summit 2008. Held October 20-23 at the Hyatt Regency Washington
on Capitol Hill in Washington, D.C., Saba's annual global user
conference gathered customers, partners and industry thought leaders
from Europe, Asia, Latin and North America who shared strategic people
management insights. Attendees were also the first to view and
test-drive Saba's breakthrough enterprise social networking
platform--Saba Social.
"Saba's customers at People 2008 represented a wide variety of
industries, sizes and implementation types that illustrate the
breadth, depth and scalability of our unified people management
solutions," said Bobby Yazdani, CEO and chairman for Saba. "The record
attendance in a time of economic uncertainty shows the importance
customers place in relationships across the Saba community. We are
honored to play a strategic role in our customers' success."
People 2008 - Saba Global Summit presenter, Lynn McCormick, Sr.
Manager, Training Development and Tools, Mitel University noted,
"Mitel University's long term goals are to take advantage of Web 2.0
technologies and tools to offer more 'informal' learning opportunities
that enhance and supplement our existing learning offerings. Saba
Social fits very well into our collaboration strategy, which will
allow us to capture the knowledge within our learner and subject
matter expert communities and enable the sharing of this invaluable
knowledge and experience."
During People 2008, Saba made several key announcements,
including:
-- Saba Social--built on Saba's unified platform, Saba Social is
a breakthrough enterprise social networking platform that
uniquely combines a rich person profile and competency
framework with real-time collaboration and comprehensive
social networking tools to capture knowledge and connect
people with expertise. Saba Social is designed to enable
organizations to engage employees, partners and customers more
effectively, build connected corporate communities, and
accelerate high-quality knowledge exchange and information
flow to foster innovation and increase productivity. Saba
Social is planned for general availability in mid-2009. For
more information, please visit www.saba.com/sabasocial.
-- Saba Receives Top Marks in Bersin & Associates Study on
Performance Management Solutions--according to the recently
published Bersin & Associates study on employee performance
management, Saba is a clear market leader, receiving the
highest possible rating in all six core performance management
areas. The study recognizes Saba's innovation and global
capabilities as well as that ROI is twice as high for
companies implementing integrated suites versus point
solutions.
-- Saba's Continued OnDemand Momentum and Commitment to
Operational Excellence--Saba announced that ArvinMeritor Inc.
and General Dynamics Corp. are among customers recently
adopting Saba OnDemand solutions. In addition, through a
commitment to operational excellence, Saba has expanded its
OnDemand support and is delivering solutions from a new,
state-of-the-art data center to companies of all sizes,
including a large, high-technology company with more than
200,000 users, which consumes more than 2.7 million minutes of
Saba Centra OnDemand per month.
Industry executives and thought leaders that shared important
insights around the latest trends in strategic people management and
social networking with keynote presentations included: Tim Ringo,
Global Leader, Human Capital Management, IBM; Carol Rozwell, Vice
President and Distinguished Analyst, Gartner; Coco Yackley, Human
Capital CIO, Intel Corporation; Dr. Rob Cross, Associate Professor of
Management, University of Virginia, and Director of The Network
Roundtable; and, Zach Thomas, Senior Analyst, Forrester Research.
Saba Customer Excellence Awards
During the user conference, Saba also presented the 2008 Saba
Customer Excellence Awards, recognizing superior achievement in
strategic people management implementations. The 2008 award winners
were honored in the following categories:
-- Hitachi Data Systems--Best Enterprise Learning
-- Intel--Best Enterprise Learning
-- Insurance Australia Group (IAG)--Best People Management
-- HCL Technologies--Best Informal Learning and Collaboration
-- Bureau of Alcohol, Tobacco, Firearms and Explosives
(ATF)--Best Government Deployment
-- Embry-Riddle Aeronautical University--Best Academic Deployment
-- Broadridge Financial Solutions--Business Impact and
Transformation
-- Mitel Networks--Business Impact and Transformation
-- Five Guys Burgers and Fries--Best Mid-Market
"We are pleased to recognize our Customer Excellence Award winners
who have deployed high-impact people management strategies for their
organizations that align learning, performance, talent and
collaboration to business goals," concluded Yazdani.
Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the federal securities laws, including, without limitation,
statements regarding future releases of Saba's products and continued
growth and momentum in Saba's OnDemand business. Saba's actual results
could differ materially from those expressed in any forward-looking
statements. Risks and uncertainties Saba faces that could cause
results to differ materially include risks associated with: Saba's
dependence on growth of the markets for Saba's products, dependence on
acceptance of Saba's products by customers and channel partners,
fluctuation in customer spending, length of Saba's sales cycle,
competition, rapid technological change, dependence on new product
introductions and enhancements and potential software defects. Readers
should also refer to the section entitled "Risk Factors" on pages 11
through 21 of Saba's Annual Report on Form 10-K for the fiscal year
ended May 31, 2008 and similar disclosures in subsequent Saba periodic
SEC reports. The forward-looking statements and risks stated in this
press release are based on information available to Saba today. Saba
assumes no obligation to update them.
About Saba
Founded in 1997, Saba (NASDAQ:SABA) is the premier global provider
of strategic human capital management (HCM) software and services.
Saba's people management solutions are used by more than 1,200
organizations and over 17 million end users worldwide. Saba's
solutions increase organizational performance by aligning workforce
goals with organizational strategy; developing, managing and rewarding
their people; and improving collaboration.
Saba product offerings address all aspects of strategic HCM and
are available both on-premise and OnDemand (www.saba.com/products). To
ensure long-term customer success, our global services capabilities
and partnerships provide strategic consulting, comprehensive
implementation services, and ongoing worldwide support.
Saba customers include ABN AMRO, Alcatel-Lucent, Bank of
Tokyo-Mitsubishi UFJ, BMW, Caterpillar, CEMEX, Cisco Systems,
DaimlerChrysler, Dell, Deloitte Touche Tohmatsu, EDS, EMC Corporation,
FedEx Kinko's, Insurance Australia Group, Kaiser Permanente, Lockheed
Martin, Medtronic, National Australia Bank, Novartis, Petrobras,
Procter & Gamble, Renault, Royal Bank of Scotland, Scotiabank,
Singapore Ministry of Finance, Sprint, Standard Chartered Bank,
Stanford University, Swedbank, Tata Consultancy Services, Wyndham
International, Weyerhaeuser, Underwriters Laboratories, and the U.S.
Army and U.S. Navy.
Headquartered in Redwood Shores, California, Saba has offices on
five continents. For more information, please visit www.saba.com or
call +1-877-SABA-101 or +1-650-779-2791.
SABA, the Saba logo, Centra and the marks relating to Saba
products and services referenced herein are either trademarks or
registered trademarks of Saba Software, Inc. or its affiliates. All
other trademarks are the property of their respective owners.
Saba Software, Inc.
Alissa Vasilevskis, +1-650-581-2615
avasilevskis@saba.com
Copyright Business Wire 2008
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