Saba (NASDAQ: SABA), the premier provider of people-centric enterprise solutions, announced today that the company has been ranked as a “Leader” in the March 2013 report, “The Forrester Wave™: Talent Management, Q1 2013,” by Forrester Research, Inc. “Saba continues to offer a product known for its depth of features and rich functionality,” the report states. “Saba will continue its efforts in mobile, social and collaborative technology to foster the growing movement toward more informal talent management.” * Forrester’s vendor assessment evaluated nine vendors in the talent management sector that offer SaaS solutions for performance, learning and succession. The firm looked at how closely these applications were unified to provide a complete and intuitive experience for users. “Saba provides a rich, cloud-based people development platform that helps organizations prepare for the new world of work defined increasingly by mobile, social and collaboration technologies,” said Amar Dhaliwal, senior vice president of product strategy for Saba. “Saba takes a people-centric approach to talent management that’s designed to address today’s dynamic and constantly fluctuating global economy. We are proud to be named by Forrester as a leader in our field.” The recognition from Forrester is the latest in a string of awards that acknowledge Saba’s category leadership including the Ventana Research Business Collaboration Award, given to Saba for its innovation in business and IT with the introduction of Saba People Cloud. In addition, Saba’s work with customers including Deloitte, EMC Corp., IHG, NetApp, Procter & Gamble and Prudential Financial has been recognized by Chief Learning Officer magazine with both Learning Elite and Learning in Practice awards. Supporting Resources
* Forrester Research, Inc. “ The Forrester Wave™: Talent Management, Q1 2013,” Claire Schooley, March 12, 2013 About Saba Saba ( NASDAQ: SABA) enables organizations to build a transformative workplace that leverages the advent of social networking in business and the ubiquity of mobile to empower an organization’s most mission-critical assets – its people. The company provides a set of people-centric enterprise solutions to various businesses and industries worldwide. Saba delivers cloud-based learning management, talent management and social enterprise solutions to transform the way people work. Saba's premier customer base includes major global organizations and industry leaders in financial services, life sciences and healthcare, high tech, automotive and manufacturing, retail, energy and utilities, packaged goods, and public sector organizations. Headquartered in Redwood Shores, California, Saba has offices on five continents. For more information, please visit www.saba.com or call +1-877-SABA-101 or +1-650-779-2791. SABA, the Saba logo, and the marks relating to Saba products and services referenced herein are either trademarks or registered trademarks of Saba Software, Inc. or its affiliates. All other trademarks are the property of their respective owners.
Saba Software (Nasdaq:SABA) is trading at unusually high volume Thursday with 1.4 million shares changing hands. It is currently at four times its average daily volume and trading down 75 cents (-8.8%).