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ICICI Group runs SumTotal...

ICICI Group runs SumTotal Enterprise Suite to align Enterprise-wide Learning and Performance 

Hyderabad, INDIA – December 3, 2007 – SumTotal™ Systems (Nasdaq: SUMT), a global provider of talent and learning management solutions, and its global partner New Delhi-based NIIT Limited announced the successful implementation of its award-winning Learning Management System at ICICI Group, a leading financial services group in India.

ICICI Group has successfully implemented SumTotal’s solution as an enterprise application for aligning the e-Learning needs of its employees. ICICI Group includes companies like - ICICI Bank Ltd., ICICI Prudential Life Insurance Co., ICICI Lombard General Insurance Company and ICICI Securities LTD.

ICICI Group joins not only five of America’s top-six commercial banks as ranked by Fortune magazine but also top-tier financial firms including Brazil’s largest private-sector bank Banco Bradesco in choosing SumTotal’s solutions. SumTotal Systems deployed its award-winning SumTotal Enterprise Suite™ in the bank’s Learning Management System called “The Learning Matrix”.

“This implementation has provided ICICI an efficient and cost-effective business learning management solution making training more accessible to our employees” said Amit Sethi, Joint General Manager-IT, of ICICI Bank Ltd.

In addition to its employees in India, ICICI Bank implemented SumTotal’s solution in Canada, the United Kingdom, Singapore and Bahrain.

“SumTotal’s system supports our e-Learning needs across multiple time zones and languages,” said Paulus DeLima, Deputy General Manager-HR, of ICICI Bank Ltd.

In 2005, ICICI Bank earned one of the American Society of Training and Development’s coveted BEST awards for enterprise-wide success through learning. “To ensure that we continue to provide the highest-quality learning and development programs to our employees, we’ve made a concerted effort to work with only the best partners”, added DeLima.

 
 
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