Halogen Software Named One of 10 Software Companies to Watch
New study highlights Canadian software companies with market leadership and exceptional growth potential
Ottawa, ON – July 9, 2007 – Halogen Software Inc., the leading provider of Web-based employee performance and talent management software, today announced that it has been named as one of IDC’s Ten Canadian Software Companies to Watch (IDC #CA3EA7). The report highlights software companies that have demonstrated market leadership, exceptional growth and have impacted the software market in North America as a whole in recent years. Halogen was specifically selected from a wide pool of candidates due to the innovative methods used to expand its market reach and its flexibility in terms of deployment and functionality.
Halogen’s simple to use, best-in-class solutions have resulted in its extraordinary success, with the first quarter of 2007 marking the organization’s 18th consecutive quarter of year-over-year revenue growth. With version 8.1 expected out this summer, Halogen continues to further develop its enterprise-class employee performance and talent management suite.
"IDC's latest study illustrates the wealth of globally minded technology leaders we have in Canada," says IDC Canada's Managing Director, Vito Mabrucco. "Clarity of vision, partner ecosystems to sustain and expand opportunities, strong customer references and prospects, the ability to navigate competitive environments, and focused segmentation are all characteristics required to compete on a global basis. Halogen embodies these characteristics, and is a good example of organizations that are positioning Canada as an innovative nation and driving competitive advantage in the global, knowledge-based economy.”
The analysis in this study provides valuable insight, identifying the best practices employed by emerging Canadian software vendors. These best practices include fostering and focusing on innovation and building a sustainable business model.
“We are pleased to be included in this IDC study and to be identified as a software company to watch,” said Paul Loucks, president and CEO of Halogen Software. “The IDC study clearly illustrates that we are leading by example and establishing best practices in areas such as customer service and innovation. We are continuing to build on these core values as we grow.”
About Halogen Software
With nearly 1000 customers worldwide, Halogen Software Inc. has established itself as the leading provider of employee performance and talent management 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 award winning suite provides organizations with everything they need to develop a high performance workforce: Halogen eAppraisal™, makes it quick and simple to deliver professional employee appraisals that align with organization goals and helps drive bottom line success. Halogen eCompensation™ automates the entire compensation adjustment process including budget distribution and approval. Halogen eSuccession™ makes it simple and affordable to get a best practices succession planning program underway - right away. And Halogen e360™ automates and simplifies formal 360-degree feedback procedures and offers sophisticated performance reporting.
Industry specific suites are provided for Healthcare, Financial Services and Professional Services. Halogen eAppraisal Healthcare™, exclusively endorsed by the American Hospital Association, helps healthcare organizations produce meaningful appraisals on time and allows them to always be in a "ready state" for accreditation surveyors from JCAHO®, OSHA, ACHA, and others. Halogen eAppraisal Financial Services™ helps financial services organizations reduce the risk of non-compliance and ships with a comprehensive library of industry specific competencies and authoring aids. Halogen eAppraisal Professional Services™ makes it simple and affordable to conduct engagement reviews, and employee evaluations with multi-rater input, align corporate goals, and develop a high performance workforce year round.
Visit us online today: http://www.halogensoftware.com
| Media contacts: |
| Donna Ronayne VP, Marketing & Business Development Halogen Software T: 613-270-1011 x 320 E: dronayne@halogensoftware.com |
