Mar 15, 2011

SuccessFactors enters the Social Learning space

HR software firm SuccessFactors has acquired Jambok, reports TechCrunch. This is interesting because it shows a sign in the HRMS space. Some time ago a company like SuccessFactors would have taken over a LMS or eLearning company to shore up their offering, while now it is focusing on social software related firms like CubeTree and Jambok.

Shows how much organizations are focusing on the "learning that happens outside of the classroom" by peer to peer collaboration. Personally I think the training model is broken and needs to be made relevant by social learning. The really useful Social Intranet will not be a place where employees will just get information. It has to be designed for all the 4 kinds of learning

Read more about the news and Jambok below:
Amplify’d from
Jambok’s SaaS enables companies and communities to share knowledge in the the cloud. Ideal for the “informal learning” (everything that’s not official training) part of corporate communications, the Jambok platform allows you to post video, audio, photos, as well as screen capture your desktop in order to share knowledge within your organization. Users can also rate, tag, and comment on content on both the web app and via mobile apps.
SuccessFactors plans to integrate Jambok’s social video creation and sharing tools into its social collaboration offering as well as other areas of the Business Execution (BizX) Suite, including social recruiting.
This is SuccessFactors’ fourth acquisition in a year. The cloud software giant bought social enterprise software company CubeTree for $50 million, Inform for $40 million, and cloud-based analytics platform YouCalc for an undisclosed amount.