Halogen Software Signs 100th New Customer of 2004 – Company Growth Rides on Incredible Demand for its Employee Performance Management Software
Ottawa (PRWEB) December 10, 2004
December 9, 2004 ÂHalogen Software Inc., a leading provider of Web-based employee performance management (EPM) software, has now signed more than 100 new customers so far in 2004. That makes 2004 the strongest year yet for the Ottawa-based company, and makes Halogen one of the most successful companies in its market space.
The new customer wins already translate into 200% year-over-year growth for HalogenÂwell above the industry rate projected by sector analysts. For example, Gartner analyst James HolincheckÂs recently published report on Employee Performance Management (EPM) predicts that Âthe EPM software market will demonstrate at least a 15 percent compound annual growth rate (CAGR) through 2008.Â1
ÂHalogenÂs growth has been propelled by its award-winning Halogen eAppraisal productÂand the dedicated team behind it,Â said Paul Loucks, President of Halogen Software. ÂWeÂre often told that our solutions have the features customers need, yet are much simpler and more cost-effective to implement and use than those of our competitors. The Christiana Care win we announced last week was another public confirmation of the value that we offer over our competitors.Â
Delaware-based Christiana Care Health System is one of the premiere health care providers in the U.S. mid-Atlantic region. It recently selected Halogen eAppraisal Healthcare over competitive product offerings to automate performance evaluations for its 9,500 employees.
ÂSigning 100 clients this year is an impressive achievement, especially given that a majority of enterprises have yet to move beyond paper-based workforce performance management,Â said Lisa Rowan, program manager for HR management and staffing services at technology research firm IDC. ÂHalogen’s success underscores the opportunity for automating this time-consuming and laborious event into an ongoing function that can drive new processes and guide organizational culture.Â
About Halogen Software
Halogen Software Inc. is a leading provider of employee performance management (EPM) solutions. Founded in 2001 as a subsidiary of a successful consulting company, Halogen offers powerful, easy-to-use, and affordable Web-based software that dramatically improves HR and line-manager productivity. The company’s flagship product, Halogen eAppraisal, automates and simplifies time-consuming employee appraisals. Halogen eAppraisal Healthcare, created specifically for the healthcare industry, helps healthcare organizations to simplify the task of performing appraisals and meeting accreditation criteria. Halogen e360 automates and simplifies formal 360-degree feedback procedures and offers sophisticated performance reporting. For more information on Halogen Software, and to see details about some of its happy customers, visit: http://www.halogensoftware.com.
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1-Employee Performance Management Software MarketScope: Strategic AnalystÂs Report, June 10, 2004 by James Holincheck.
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