Saba Launches Industry-Specific People Systems Solution for U.S. Federal Government

BOSTON (November 03, 2010) – Saba

News Facts

• Saba is providing the first set of industry-specific people systems on the market, combining learning, people performance, and collaboration capabilities on a single platform with a common people profile.
• Industry-specific solution packs containing unique solution configurations and functionality are delivered on top of Saba’s core code line so they stay aligned with the standard Saba product development and delivery cycle, ensuring consistent and high-quality products. They provide easy configurability, industry-specific dashboards and portlets, and new talent management metrics and performance indicators, as well as open integration with industry-specific, third-party courseware and competencies from leading providers including SkillSoft, Element K, OPM, and PDRI.
• Starting with the Birds-of-a-Feather industry user forums today at People 2010
• Saba for U.S. Federal Government helps government agencies address many of their most pressing people management challenges, including leadership development, workforce planning, workforce development and compliance, and collaboration across a multi-sector workforce of employees and private-sector contractors. The Saba for U.S. Federal Government solution includes streamlined U.S. Office of Personnel Management (OPM) SF-182 forms for authorization, agreement, and certification of training and EHRI reporting capabilities to support the OPM’s goal of online employee records by December 2013.

Quotes

“HR and IT executives are looking for software platforms that fit right into their organization’s existing processes, not systems that have to be highly customized,” said Josh Bersin, chief executive officer, Bersin & Associates. “By developing vertical solutions, Saba is not only differentiating itself in the marketplace, but also giving customers a platform which is faster and less expensive to implement and more tailored to meet immediate business needs.”

“Verticalized solutions are a long-term strategic initiative for Saba as we recognize the significant value that these differentiated offerings bring to our customers,” said Bobby Yazdani, president and CEO of Saba.

About Saba

Saba (NASDAQ: SABA) provides a new class of people systems that combine enterprise learning, people management, and collaboration technologies. Today’s people-driven enterprises are using Saba’s solutions to mobilize and engage people around new strategies and initiatives; align and connect people to accelerate the flow of business; and cultivate, capture, and share individual and collective knowhow to effectively compete and succeed.

Saba’s premier customer base includes major global organizations and industry leaders in financial services, life sciences and healthcare, high tech, automotive and manufacturing, retail, energy and utilities, packaged goods, and public sector organizations. Saba’s solutions are available both on-premise and in the cloud, and are underpinned by global services capabilities and partnerships encompassing strategic consulting, comprehensive implementation services, and ongoing worldwide support.

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.

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 availability, features and benefits of industry-specific people systems. 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 14 through 27 of Saba’s Annual Report on Form 10-K for the fiscal year ended May 31, 2010, 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.

Any reference to future products, features or functionality is intended to be for informational purposes only. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any products, features or functionality described in this communication remains at the sole discretion of Saba and may change at any time, with or without notice.

SABA, the Saba logo, Saba 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.

Contact
Saba
Jenny Lee, 650-581-2615
Director of PR and AR
jlee@saba.com
Twitter: @SabaSoftware

Source: Saba