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Concur CEO Steve Singh (Part 5)

Posted on Friday, Aug 10th

The stock price of Concur dropped before the dot com bust, but while the rest of the industry was faltering, Concur began to climb. SM: You changed course in 2001. Was that due to the market? SS: The change actually happened in 2000, and it was due to our business strategy transition. The market did

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Concur CEO Steve Singh (Part 4)

Posted on Thursday, Aug 9th

SM: 1998 you went public with $6M a quarter revenue. What happened after that? SS: The company did well in the public market for a period of time. One of the major changes for us was in April 2000, before the bubble burst. A true story, which gives you some context about us. I was

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Concur CEO Steve Singh (Part 2)

Posted on Tuesday, Aug 7th

Here Steve takes us down the early history of Concur. He illustrates where the idea came from, and how the company came into being. SM: What did the company do in the beginning? SS: We have always done the same thing. We have always been focused on automating the expense reporting process. The way the

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Serene Serena Wants to Kick up a Storm

Posted on Wednesday, Aug 1st

I had breakfast with Rene Bonvanie earlier this week, who confirmed my hypothesis that for a high level executive, Salesforce.com is no longer a great financial opportunity. But the reason he really wanted to meet with me is to tell me why Serena is anything but boring. Serena Software offers Application LifeCycle Management (ALM) products,

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Taking on Business Intelligence: Lucidera CEO Ken Rudin (Part 8)

Posted on Tuesday, Jul 24th

SM: Describe some of your team building experiences. Is your management team complete now? KR: Finding the right executive team members can be a nerve-wracking experience. You are essentially giving a huge amount of responsibility to a person who in many cases you’ve only known for a few weeks during the interview process. A key

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Taking on Business Intelligence: Lucidera CEO Ken Rudin (Part 7)

Posted on Monday, Jul 23rd

SM: What stage are you at now? Revenue? Profitability? Traffic? Customers? Users? Any other metrics you track? KR: We launched our service in Q2 of this year, and the response has been fantastic. We’ve already signed up our first set of paying customers, which is a great milestone for us. Initially, our primary goals are

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Taking on Business Intelligence: Lucidera CEO Ken Rudin (Part 6)

Posted on Sunday, Jul 22nd

SM: What are your top target segments? KR: We are finding a lot of success with Sales Operations managers, VP of Sales and also the CFO or Director of Finance at small and medium size companies. Those with a slightly distributed workforce and who don’t want the hassle of managing the cost associated with traditional

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Taking on Business Intelligence: Lucidera CEO Ken Rudin (Part 5)

Posted on Saturday, Jul 21st

SM: Describe the value proposition of LucidEra, including differentiation versus the rest of the market. KR: LucidEra combines sales and financial data to give users at small-to-mid sized businesses powerful insight into the effectiveness of their entire sales operations process (including quotas, pipeline, revenues, and expenses). We firmly believe that just like the everyday consumer

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