SOURCE: SilkRoad technology, inc.

SilkRoad technology, inc.

February 06, 2012 08:00 ET

SilkRoad Closes the Year With Strong Momentum for Its Social Talent Management Solutions in Fourth Quarter 2011

Customers Around the World Boost Employee Performance and Engagement With SilkRoad's Employee-Centric Life Suite

CHICAGO, IL--(Marketwire - Feb 6, 2012) - SilkRoad technology, inc., a leading provider of social talent management solutions, today announced it ended 2011 with continued global customer growth through new and expanded implementations. New Life Suite customers and implementations included Micro Focus International, Clear Channel Communications, Inc., Spinal Injuries Association, Project Concern International, Standard Coffee Service Company, Scania, Randstad France, Shine Lawyers and RPM Mortgage. In addition, the fourth quarter saw increased adoption across key industries, such as healthcare. Top providers making SilkRoad their talent management partner of choice included CareCentrix, GetWellNetwork, Inc. and Brooks Rehabilitation. With five million global Life Suite users, SilkRoad helps companies of all industries and sizes improve recruiting and onboarding efforts while building an empowered employee culture through performance, learning and HRMS solutions.

SilkRoad reached a number of notable milestones in 2011, including the expansion of its global operations with offices in London, France and Japan. To further support its global expansion, Ed Vesely was appointed EVP, chief marketing officer to lead worldwide marketing efforts. SilkRoad also developed partnerships with the Employee Engagement Group, Element K, News Limited, broadbean, HireRight and ej4 to provide customers with additional solutions and resources. The International Business Awards also recognized SilkRoad for its superior customer service in 2011.

"Across all industries, our employee-centric HR solutions continue to help customers develop high performance, agile workforces," said Andrew J. "Flip" Filipowski, chairman and CEO of SilkRoad. "These are companies that recognize employees as their number one asset and who look to attract, retain and motivate top talent through innovative HR practices. We believe that HR can drive strategic and financial performance by improving the employee experience. Our goal is to initiate that change through our Life Suite product lines, one employee at a time."

Highlights from the Quarter:

Expanding Existing Customer Implementations - Also in the fourth quarter, existing customers including Kearney & Co. and Ciena Corporation, added additional solutions to its Life Suite implementations. Kearney & Co., a CPA firm, is a long-term RedCarpet and WingSpan customer that added OpenHire to automate its hiring processes. Ciena Corporation, a multi-national provider of network solutions and RedCarpet customer, added OpenHire to streamline its global recruiting efforts.

HR Technology Conference - SilkRoad made a large splash at HR Tech with the announcement of SilkRoad Point. Available in the first half of 2012, Point is a new social enterprise solution that gives employees the forum they need to share and be recognized for their expertise, while simultaneously helping companies identify highest performers and solve pressing business challenges.

Third-Party Recognition - In the fourth quarter, McLean & Company, a division of Info-Tech Research Group, ranked SilkRoad in the Champion quadrant for both its Talent Acquisition and Learning Management Solution Vendor Landscapes. SilkRoad's OpenHire was recognized for its commitment to creating the finest end-user experience. In addition, GreenLight's robust features led McLean & Company to recognize SilkRoad as an exemplary best-of-breed solution for small- to mid-sized companies.

Industry Validation - SilkRoad was recognized by the NCTA 21 Awards for its superior customer service experience in the implementation and deployment of its cloud-based talent management solutions. In addition, SilkRoad was named one of the 2011 Triad Top Workplaces, which recognizes the most progressive companies based on employee opinions.

Customer and Influencer Comments:

After the recent launch of WingSpan, SilkRoad customer Emile Ondrus, director of human resources at Manhattan's Physician Group said, "Transitioning our annual performance and development process to an electronic method was smoother than expected with the expertise and level of attention the SilkRoad Implementation Team provided. The communication skills and expediency of the support staff have exceeded expectations. Our very first launch in January 2012 was a success given the preparation and hard work everyone put in."

ZDNet's Brian Sommer reviewed Point in the article, "SilkRoad Point -- Where HR, Performance and KM Meet."

TLNT's John Zappe reviewed Point in the article, "HR Tech: SilkRoad Point Measures Social Media Presence, Jobvite's New Facebook App."

Forbes' Tom Taulli featured Andrew J. "Flip" Filipowski in the article, "SilkRoad: Software with a Smile."

About SilkRoad technology
SilkRoad is a leading global provider of cloud-based social talent management software. Their passion for creating the finest employee experience drives everything they do. The award-winning SilkRoad Life Suite is an integrated set of employer-branded TM/HCM solutions that power businesses with the latest Web 2.0 and social media innovations: OpenHire for recruiting, RedCarpet for onboarding and life events, WingSpan for performance management, GreenLight for learning management, Eprise for intranets and HeartBeat for trusted HRMS. The Life Suite is ideally suited for businesses of every size because of its unique and open "start anywhere" architecture -- implement the complete suite or begin with one solution and add functionality as you need it. Either way, it's the fastest path to develop more productive and empowered employees who can rapidly boost business performance. Visit, follow them on Twitter @SilkRoadTweets or call 866-329-3363 (U.S. toll free) or +1-336-201-5100.

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