To understand SaaS companies you often need to go beyond GAAP measures. But be careful, SaaS metrics are not regulated or even commonly defined.
ISNetworld is a great example of a vertical supplier credentialler. It’s success has spawned many copycats, but none quite like the original.
According to Spend Matters, JP Morgan Chase seems to be ready to shut down Xign. If so, it would be a sad end to an industry pioneer.
Just a quick note that Accenture has announced that it will buy the Procurian unit of ICG Group (ICGE). Procurian was formerly known as ICG Commerce.
Veeva’s IPO shows the model of how an enterprise software platform can build a business quickly these days.
Everyone once in a while, the average investor gets the chance to invest in a company that has a special relationship with the government. Premier is one.
Covisint, one of the original industry consortia of the bubble era is going public. Have they expanded beyond the auto vertical?
Enterprise software valuations are going through the roof. It is starting to feel a bit like 1999 again.
It is sad to see OB10 go, but it will be interesting to see Tungsten do battle with Tradeshift and others in European e-invoicing.