The acquisition signifies Saba’s continued focus on the human capital management (HCM) market and complements its unified talent management offering. Saba plans to integrate HumanConcepts’
“Saba and HumanConcepts share a vision for unifying people processes to transform the way we work,” said Bobby Yazdani, founder and CEO, Saba. “The next generation of talent management is about people, not information, and delivering a fundamentally better way to plan, engage, develop and inspire people for competitive advantage.”
“Adoption of HumanConcepts Organizational Planning Suite continues to accelerate and gain traction in large enterprises,”
“The combination of Saba and HumanConcepts is a positive step forward for customers who want to improve their workforce planning effectiveness to support business performance,”
Saba and HumanConcepts Value:
•Business Agility: The joint Saba/HumanConcepts Solution will enable companies to gain the strategic insights they need to adapt quickly to changing marketing conditions.
•One of the largest and best customer communities for strategic organizational and talent management: Besides its proven organizational planning expertise, HumanConcepts will add over 500 valued customers to Saba’s 1600-strong customer base.
•Strategic solutions delivered in the Cloud: Both Saba and HumanConcepts are pioneers in developing scalable platforms that can lower IT costs, support rapid innovation, and continually increase value to enterprises of all sizes.
•Single end-to-end solution for Strategic Organizational Planning, Talent Management, Learning and Collaboration:
•Ability to manage global complexity for our customers: Both companies solve the challenge of deploying sensitive organizational information and communications on a global scale with process and security frameworks that meet the unique needs of sophisticated and geographically distributed enterprises.
With this acquisition, Saba will embed HumanConcepts’
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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 the expected benefits to Saba of its acquisition of HumanConcepts and the expected benefits to customers of the Saba/HumanConcepts Solution. Saba's actual results could differ materially from those expressed in any forward-looking statements. Risks and uncertainties Saba faces in connection with the acquisition and otherwise that could cause results to differ materially include risks associated with: Saba's ability to retain customers and to experience high customer renewal rates; integration risks, including risks related to integration of the HumanConcepts’
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Saba (NASDAQ: SABA) enables organizations to build a transformative workplace that leverages the advent of social networking in business and the ubiquity of mobile to empower an organization’