Enterprise headlines and summaries, 2009-07-10

  • The Unintended Consequences of Startups Jason Nazar’s Blog
    And anyone who has chosen a path of starting a business can tell you the unintended consequences of startups.
  • Is VC too Fat and Happy?
    Here just a quick, non comprehensive list of some obvious VC’s who do get it: I think there’s a host of VCs who do get it. True Ventures, Foundry Group, Union Square Ventures, First Round Capital, Founders Fund, and I obviously I feel GRP Partners in LA (who funded 2 of my companies and I worked with for 7 years before I chose to join). There are obviously many, many more.
  • The Best VC Pitch Tip That I Stole
    Given that most capital meetings don’t lead to a next step, I’ve found one great rule to be: never leave a meeting without getting a reference to another capital source. VCs will usually be willing to give you a name of someone else who might know your space better or otherwise be a better potential investor fit rather than just send you out the door with a “no thanks.”
  • Computer Economics IT Spending Highlights
    Approximately 49% of IT executives expect to make further budget cuts, compared to only 25% that said the same in 2007.
  • Microsoft ties Dynamics CRM to Twitter
    Twitter usernames can be converted into a Dynamics CRM customer record or sales lead, to which more data, such as a phone number, can be added over time. So far the accelerator is only compatible with Twitter, but Microsoft is planning to connect with other social networks as well.
  • NetApp may be target after failed Data Domain bid
    NetApp Inc (NTAP.O) may itself become an acquisition target after rival EMC Corp foiled its effort to buy Data Domain Inc (DDUP.O), a niche player in the $20 billion-a-year data storage equipment market. Technology giant IBM (IBM.N) is the most likely buyer, though Cisco Systems Inc (CSCO.O), Dell Inc (DELL.O) and Hewlett-Packard Co (HPQ.N) may also be interested in NetApp. If the company were sold, it would go for between $8 billion and $10 billion, a premium to its current market value of about $6.4 billion, according to a West Coast banker who advises many of these companies and declined to be identified because the matter is private.
  • Redfin Turns Profitable, Real Estate Industry Shudders
    Redfin CEO Glenn Kelman said his company just turned profitable. Since I was sitting next to him on the panel, I asked him off microphone what revenues were. He said the run rate is around $15 million. 2007 revenues were $5 million, 2006 revenues were $1 million.
  • Microsoft Unveils New Solution Accelerators for its Dynamics CRM
    The Social Networking Accelerator introduced by Microsoft allows business professionals to monitor and analyze customers’ conversations on social networking sites. With The Partner Relationship Management (PRM) Accelerator, companies can use Microsoft Dynamics CRM to distribute sales leads and centrally manage sales opportunities across channel partners. If companies are looking to easily connect Microsoft Dynamics CRM to an organization’s Web experience, they can go for the Portal Integration Accelerator. Microsoft’s open source platform CodePlex will now have the SMS plug-in for Microsoft Dynamics CRM from Netsize. With the help of Netsize SMS plug-in, users can launch SMS campaigns to target contact lists and also generate SMS alerts triggered by any user-defined events. With the help of Microsoft Dynamics CRM and Netsize messaging platform, Microsoft customers can easily tune and send SMS campaigns to a targeted audience.
  • Microsoft’s New CRM Accelerators Embrace Social Networking, Web Portals
    Portal Integration Accelerator: “A connector between Dynamics CRM and a business’s Web portal, this accelerator allows users to rapidly extend to the Internet any business process and drive costs out of everyday business interactions,” according to Microsoft.
  • Forrester Expands ‘software Bill of Rights’
    Overall, Forrester’s recommendations would clearly tip the scales in favor of users. But the economic recession has already prompted a series of conciliatory gestures from vendors, ranging from price cuts to flexible maintenance and upgrade options. Indeed, now is the time for customers to make the case for and lock in such measures, given the fact that vendors are struggling to make new license sales but also continuing to enjoy highly profitable maintenance revenue streams, Wang said.
  • Chrome May Take Shine Off Schmidt’s Apple
    he intends to discuss his board position “with the Apple people. At the moment, there’s no change,” he added.
  • SAP’s Peter Graf on the World Business Summit on Climate Change
    I spoke to SAP’s Chief Sustainability Officer, Peter Graf about his attendance at the World Business Summit on Climate Change which took place in Copenhagen recently.
  • SAP Social Media Guidelines 2009
    SAP recently announced a new set of Social Media Participation Guidelines and an internal forum to help employees make the most of new social media channels such as Blogs, Twitter, LinkedIn, and YouTube. In the spirit of Web 2.0, and like other organizations such as Intel and IBM, we would like to share our guidelines with the community.
  • Sun Valley: Google CEO Eric Schmidt Didn’t Want to Build Chrome Initially, He Says
    In a wide-ranging on-the-record press conference, Messrs. Schmidt and Page described the origins of the combination browser/operating system.
  • Pentaho as Open Source Business Intelligence
    Pentaho also uses several other open-source components, such as: JFreeChart for chart generation JFreeReport and JasperReport for reporting JPivot for pivot table analysis Kettle for ETL Mondrian as an OLAP server Quartz as a job scheduler By using these products, Pentaho gives a lot of choices for implementation in an enterprise environment. Pentaho can be used as a standalone application or embedded into your application.
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