Halogen Software Inc.
, a leading provider of web-based employee performance and talent management software, today announced that 2007 marked another record year in sales with 60 percent year-over-year growth. The fourth quarter of 2007, included record revenue with the company closing nearly 200 deals. Halogen's proven ability to deliver an offering that provides enterprise-level functionality to organizations of all sizes, as well as a unique "On-Choice" deployment model has established Halogen as the solution of choice.
The employee performance and talent management market is growing rapidly, with a recent market study from Bersin & Associates valuing the talent management market at an estimated $2.8 Billion in 2008. Halogen's growth continues to outpace even the rapid growth of this market segment due to the company's focus on highly powerful, flexible and affordable employee performance and talent management applications. The company continues to build on its momentum in the industry securing its leadership position by winning nearly 200 deals and 200,000 seats in 2007 in competitive opportunities over its largest competitor, SuccessFactors.