Home / Knowledge / News / Information Technology / Leading trading company selects SuccessFactors
Leading trading company selects SuccessFactors
01
Sep '10
SuccessFactors, Inc. announced that ITOCHU Corporation, a leading global Japanese trading organization with approximately 150 overseas bases in 74 countries, has selected SuccessFactors to align its talent and provide its executives greater visibility across the global organization.

SuccessFactors and ITOCHU's subsidiary, CAPLAN Corporation, a general human resources and outsourcing company, have also entered into a reseller agreement, making CAPLAN SuccessFactors' first SuccessSales Partner among Japanese general trading companies. This partnership will help deliver business alignment and people performance via the SuccessFactors Business Execution (BizX) Suite to mid-market and enterprise Japanese companies, as well as ITOCHU's 700-plus subsidiaries, by helping them align employees to their corporate strategy, arming them for success and inciting them to reach their potential.

ITOCHU is one of many implementations and partnerships SuccessFactors has kicked off in Asia Pacific recently, as SuccessFactors has seen tremendous growth and market momentum in the region, with a compounded annual growth rate of 168 percent over the last five years.

At ITOCHU, SuccessFactors will initially be implemented as a pilot project consisting of 2,000 users across ITOCHU and including CAPLAN, with future plans of rolling out the solution to 300,000 users in the next three years through collaboration with ITOCHU's global subsidiaries. At CAPLAN specifically, the BizX Suite will be utilized to efficiently carry out strategic allocation of human resources following the recent October merger of two JAL Group companies.

With the effects of globalization, Japan's business culture is shifting to include corporate activities abroad, emphasizing the importance of strategic human resources management. To gain better visibility in ITOCHU's numerous overseas operations, they developed a project called "Frontier 2010," a mid-term management strategy to establish a global talent database along with a succession management system. SuccessFactors BizX solution will be the single platform for ITOCHU's internal global talent management strategy.

"We know talent management has a major impact on bottom-line success, and we wanted to implement a single, global solution to drive talent strategy, performance and financial efficiencies across our organization," said Tomohito Arai, general manager, IT Business Development, ITOCHU.

"We specifically wanted a cloud-based solution because of the flexibility it offers. SuccessFactors is the leading solution on the market, not only meeting all of our functional requirements, but also having a proven track record of impacting the bottom line. In addition to the financial savings, we want to gain insight into our highest performing people so we can reward them properly. We are partnering with SuccessFactors to provide this leading BizX solution to mid-size and enterprise Japanese companies across the region."

Murray Sargant, vice president of APAC sales, SuccessFactors, added, "ITOCHU is a great example of a global organization that understands the significant financial and operational benefits that can be gained by combining business alignment with people performance. We are extremely excited about also welcoming ITOCHU as a customer and a valued alliance partner."

SuccessFactors Inc


Must ReadView All

Textiles | On 19th Aug 2017

New fabric interfaces to interact with computers

As computer capabilities evolve, new fabric-based interfaces are...

Textiles | On 19th Aug 2017

Brazilian cotton prices drop in first fortnight of August

Cotton prices dropped in the Brazilian market in the first fortnight...

Apparel/Garments | On 19th Aug 2017

Target to acquire Grand Junction for faster deliveries

Target Corporation has announced that it has agreed to acquire Grand...

Interviews View All

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search