Halogen Software Reports Another Record Year With 200 New Customers
Unprecedented demand for Web-based Employee Performance Management solutions results in record revenue for ninth consecutive quarter and industry-leading customer growth.
Ottawa, ON (PRWEB) January 18, 2006
Halogen Software Inc., the leading provider of Web-based employee management (EPM) software, announced the close of another record year. Halogen ended 2005 with an 86% increase in revenue year over year closing its ninth consecutive record quarter of growth in revenue and new customers. Halogen continues to gain market share, far outpacing analyst predictions for industry growth. With the addition of 200 new clients in 2005, Halogen’s total customer count now exceeds 400—firmly establishing its position as the EPM vendor of choice.
Amongst the new customers signed in Q4 were: Sterling Bank, Twin Cities Public Television, Inc., Firelands Regional Medical Center, Ivey Imaging, Harris County, City of Westminster, Madison County Hospital, Rust-Oleum, University of Houston Downtown, Parkview Health System, Delicato Vineyards, Greatland Corp., Babson College, Memorial Healthcare, Youth Villages, IDG USA, and Merrill Communications.
Demand for Halogen eAppraisal™ Healthcare, an award-winning solution built specifically for the healthcare industry, also remained strong. Halogen continues to dominate this space with more than 70 healthcare clients.
Steve Casper, VP Human Resources at Reno Sparks Visitor and Convention Authority, and a client since 2003 understands Halogen's success. "I have a lot of confidence in Halogen and in their product. The level of performance and incremental improvements over the past three years make me very happy we bought their system. Thanks to Halogen eAppraisal, the time spent by HR staff in managing the annual employee appraisal process has been cut by 75%.” Casper’s sentiments are representative of the experiences of other Halogen clients as they exemplify typical Halogen client results.
Halogen’s EPM solutions won several awards this year, including:
Halogen eAppraisal Healthcare placed first in the category of Innovative & Creative Development of Human Resource Technology Solutions (Vendor), Workforce Planning/Recruiting/Staffing/Human Capital. The award recognizes innovation and best practices in HR technology.
Halogen eCompensation™ won the Top Human Resources Product Award from Human Resource Executive Magazine - recognized for ease-of-use, innovation and value.
Further, Halogen received a ‘strong positive’ rating in leading Industry analyst Gartner’s Employee Performance Management (EPM) Software Vendor MarketScope Report(1). Gartner considers companies receiving a ‘strong positive’ rating to be solid providers of strategic products, services or solutions. Customers continue investments, and potential customers consider this vendor a strong strategic choice.
To help them keep pace with growth, Halogen also saw a 60% increase in staff in 2005. As a result, they will be moving to a larger facility later in January.
About Halogen Software:
With over 400 customers, Halogen Software Inc. has established itself as the leading provider of employee performance management (EPM) solutions. Founded in 2001, Halogen offers powerful, easy-to-use, and affordable Web-based software that dramatically improves HR and line-manager productivity as well as helps organizations better align employee goals and drive bottom line results. The company's flagship product, Halogen eAppraisal™, automates and simplifies time-consuming employee appraisals. Halogen eAppraisal™ Healthcare, created specifically for the healthcare industry, greatly simplifies the task of performing appraisals and meeting accreditation criteria. Halogen e360™ automates and simplifies formal 360-degree feedback procedures and offers sophisticated performance reporting. Halogen eCompensation™ automates the entire compensation adjustment process including budget distribution and approval.
Media Contact
Donna Ronayne
VP, Marketing & Business Development
Halogen Software
T: 613-744-2254 x 320
(1) Gartner MarketScope for Employee Performance Management Software, 2005. August 30, 2005, by James Holincheck. MarketScope Disclaimer: The MarketScope is copyrighted August 30, 2005 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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