According to the prediction of Boston Consulting Group (BCG), China’s GDP is expected to increase by more than $ 10 trillion by 2030. However, this growth is not from the scale advantage of the labor force, but rather due to human resources capacity which can increase per capita output and productivity. Organizations in the region need to develop a deep understanding of the nuances of the Chinese workforce in order to maximize performance of their human capital and achieve profitability in an increasingly competitive market.
“As China continues to rapidly change and grow, a real challenge for local and multinational corporations is determining how they can keep up and adapt their talent management best practices to meet the needs of the workforce. With the opening of this new office and expansion of our China presence, we can provide the thought leadership and guidance businesses are looking for in this changing business climate,” commented Rishi Rana, General Manager, APAC, SumTotal Systems.
“We are expanding our presence across Asia-Pacific as a part of our ongoing global growth initiative and maintaining our mission to provide the best human capital management solutions and support to our customers regionally,” said Gregg Monastiero, Executive Vice President of Sales & Marketing at SumTotal. “We are experiencing ever increasing demand from organizations and are dedicated to establishing a long-term presence in this key region.”
About SumTotal Systems
SumTotal Systems, Inc. is the global leader in strategic Human Capital Management (HCM) solutions that provide organizations with a new level of visibility to help make more informed business decisions and accelerate growth. Recognized by industry analysts as the most complete solution, SumTotal provides full employee lifecycle management, including a core system of record, from a single provider for improved business intelligence. The company offers customers of all sizes and industries the most flexibility and choice with multiple purchase, configuration, and deployment options. We have increased the performance of the world’s largest organizations including Sony Electronics (NYSE: SNE), AstraZeneca (NYSE: AZN [ADR]; London: AZN), Amway (KUL:AMWAY), Seagate (NYSE: STX), Dell (NASDAQ:DELL), and Google (NASDAQ:GOOG).
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Contact for Further Information
Ankur Gupta
SumTotal Systems
Office: +91 (0) 40 6695 0000
