Salesforce gobbles 'Facebook for the office' startup
Rypple of excitement among HR suits
Customer Success Testimonial: Recovery is Everything
Salesforce has made a bold move into human resources software by buying up Rypple - a social platform for the workplace.
Announced yesterday, the sum exchanged is unknown, but the deal should complete by April next year. Rypple, a Toronto-based startup, is a Facebook for offices, used by, er, Facebook to manage its staff. The core aim of the software is to monitor, sorry, improve employee performance.
They put it like this: "Rypple is a web-based social performance management platform that helps companies improve performance through social goals, continuous feedback and meaningful recognition."
Salesforce's rivals - software giant SAP and Oracle - are also making strides into the area of cloud-based software for collaborative working. SAP bought up cloud HR software Successfactors a few weeks ago, paying a hefty $3.4bn in cash for the human resources software firm.
"The next generation of HCM [Human Capital Management] is not just about a cloud delivery model, it's about a fundamentally better way to recruit, manage and empower employees in a social world," said Salesforce.com CEO Marc Benioff in a statement.
Salesforce will rename Rypple to Successforce and put ex-Oracle top brass John Wookey at the helm of its new suite of HR tools. ®
COMMENTS
Great.
So I'm "Human Capital" now? Makes a change from being "resource", I suppose.
They call you capital
... because they use you until you are spent.
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