PTC to Increase Global Employee Access to Learning and Content Designed To Improve Knowledge, Skills, and Performance
REDWOOD SHORES, Calif., Feb. 4 /PRNewswire-FirstCall/ -- Saba (Nasdaq: SABA - news), the leading provider of Human Capital Development and Management (HCDM) solutions, today announced that PTC®, the product development company(TM), has licensed the enterprise editions of Saba Learning and Saba Content to improve the knowledge and skills of its workforce. PTC (Nasdaq: PMTC - news) will use the Saba solution to power a single portal, offering multiple learning options, to its 4,200 employees across 144 locations.
Human capital development and management is a critical component of the business strategy throughout PTC and its global sales, marketing, services, information technology, and human resources departments. Each of these departments contributed to the vendor selection process and chose Saba to ensure execution of their business goals for measurable return on investment.
"We have a global strategy for growth," said Matthew Cohen, PTC's manager of advanced learning solutions. "We were impressed with the speed at which Saba demonstrated it could deploy a global solution."
PTC's chief information officer, Steve Horan, added, "With the robust Saba solution, we can standardize on one system, reduce multiple systems, and provide easy access to all forms of learning from a single portal page."
PTC will use Saba Learning to monitor and improve its human capital investment. In the first phase, PTC will deploy Saba Learning to its employees worldwide to assess, test, and certify employees on critical content; provide developmental learning tracks; measure progress; track learning budgets and investments; and automate registrations and notifications. In future phases, PTC plans to deploy Saba Learning to its approximately 33,000 customers and more than 200 partners worldwide. PTC will also explore additional Saba capabilities including performance and competency management.
Saba Founder and CEO, Bobby Yazdani, added: "We share PTC's vision of deploying e-learning globally and look forward to partnering with them as they expand their solution across the extended enterprise."
PTC develops, markets, and supports software solutions that help manufacturers create great products. PTC is the world's largest software company with a total commitment to product development. The company services more than 33,000 customers worldwide. Further information on PTC is available at http://www.ptc.com .
Saba is the leading provider of Human Capital Development and Management (HCDM) solutions. Saba offerings include an integrated Internet-based platform to manage learning, content, performance, and collaboration; and related professional services. Saba customers around the world rely on the Saba platform to increase productivity and reduce costs by rapidly delivering and managing critical knowledge and skills throughout their extended enterprise of customers, partners, and employees.
Of the companies on the Fortune 500, 3 of the top 5 are Saba customers, as well as all of the "Big 3" automakers and 3 of the "Big 5" consulting firms. In the Public Sector, Saba customers include eArmy University, several branches of the U.S. Government, and the governments of Norway, The Netherlands, and Scotland.
Among the Global 2000, Saba customers include DaimlerChrysler, 3Com, EDS, Procter & Gamble, Medtronic, Anheuser-Busch, Ford Motor Company, Continental Airlines, General Electric, Cisco Systems, EMC Corp., i2 Technologies, VERITAS Software, and Sun Microsystems.
Founded in 1997, Saba is a global company headquartered in Redwood Shores, Calif. For more information, please visit www.saba.com or call 877-SABA-101 or 650-779-2791 in the Americas, +44 (0) 1344-388-330 in Europe, the Middle East and Africa or +61-2-9293-2538 in Asia/Pacific.
NOTE: Saba, the Saba logo, and the marks relating to other Saba products and services referenced herein are either trademarks or registered trademarks of Saba Software, Inc. All other trademarks are the property of their respective owners.