REDWOOD SHORES, Calif., Oct 06, 2011 (BUSINESS WIRE) --

Saba (NASDAQ:SABA), the premier People Cloud provider, today announced that XP Investimentos, a leading independent investment services specialist in Brazil, has selected Saba People Cloud Applications to connect information, ideas and people to build a transformative workplace that is more productive and responsive to market changes. XP Investimentos specializes in securities brokerage, stocks trading, advisory services and capital markets education programs.

Using Saba Learning, Saba Social, and Saba Centra Real-Time Collaboration, XP Investimentos is collaborating with its 250 country-wide partners to connect people with the right skills, share best practices, troubleshoot and standardize services across the extended organization. This aligns with XP Investimentos' strategy to dramatically reduce costs as well as improve productivity and overall performance by aligning messaging, enabling real-time collaboration and accelerating partner problem solving. In addition, XP Investimentos is enabling learning across multiple generations with Saba's award-winning enterprise social networking.

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"XP Investimentos is a creative enterprise and we are always looking for ways to improve collaboration and better compete. Prior to using Saba, people within our organization had to search for solutions and trade experiences through traditional methods, such as phone and email, which often delayed insights. With Saba, we can strengthen employee communication with real-time collaboration and knowledge sharing and, as a consequence, improve our services nationwide," said Guilherme Benchimol, CEO, XP Investimentos.

"The ability to connect and collaborate in real-time with our growing partner network reinforces our ongoing commitment to ensure that our partners have the best information and resources to boost sales and increase customer satisfaction," said Juliana Albuquerque, Human Resources Coordinator, XP Investimentos.

"Effectively growing a business requires leveraging the entire people network of employees, partners, and suppliers. The ability to easily share ideas, discuss problems and align corporate strategy across the extended enterprise creates a transformative workplace that is more innovative and agile, which is critical to gaining a competitive edge," said Karen Steele, Senior Vice President of Marketing, Saba.

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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 unified set of People Cloud Applications including learning management, talent management, enterprise social networking and real-time collaboration delivered through the Saba People Cloud. Saba solutions help organizations leverage their people networks to become more competitive through innovation, speed, agility, and trust.

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. Saba's solutions are underpinned by global services capabilities and partnerships encompassing strategic consulting, comprehensive implementation services, and ongoing worldwide support. Headquartered in Redwood Shores, California, Saba has offices on five continents.www.saba.com or call +1-877-SABA-101 or +1-650-779-2791. SABA, the Saba logo, Saba Centra, 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.

SOURCE: Saba 

Saba
Aly Kline, 650-581-2593
PR Associate
akline@saba.com