CEO Insight: SuccessFactors' Lars Dalgaard on new owner, SAP
For the last couple of years, SuccessFactors' chief executive Lars Dalgaard has used a slide in his presentations that picks out the headlines in German newspapers reporting when his firm won a major Software-as-a-Service-based human capital management contract at Siemens out from under the corporate nose of SAP.
It’s a slide that we can assume won’t be getting much more of an airing in the future now that SAP has closed the deal to acquire SuccessFactors, a merger that came out of the blue last December and seems to have set in motion a chain reaction that has put HCM on the frontline of the cloud applications battleground.
But how must Siemens have felt when, after rejecting SAP in favour of SuccessFactors, the former goes and buys the latter and they’re back to square one?
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