They offer web-based applications. The software resides on servers that are accessed through the internet instead of the more traditional software that is installed on either a local server or on individual PCs.
Provides a range of tools for managing business data, supporting business operations, and facilitating collaboration and application development.
Used acquisitions to expand its product lines by purchasing PeopleSoft,
Siebel, Hyperion and BEA Systems.
Revenue is 23.23B
Provides a variety of business management applications and industry-specific applications for customers
Caters to small and midsized companies
More than 2.7 million organizations in North America operate their business with Sage.
Revenue is 1.16M
Provides sales, marketing, and customer support software and services.
The company primarily targets small
and midsized businesses.
Founded in 1989.
Acquired January 2006 by Francisco Partners for 200M.
Revenue is 38.6M
The overall CRM market is expected to reach $18 billion by 2010 Data as of 11/13/08 Hoovers Inc. Competitors Overview
47,700+ Customers http://www.salesforce.com/customers/ Cisco Google
"Combining the power and simplicity of Salesforce with Google AdWords helps businesses find and keep customers to ultimately drive their continued success.” -Eric Schmidt, CEO Google Diverse Customer Appeal
Should we lend money? Ratio Return on Equity 0.05 Return on Assets 0.02 Profit Margin 0.02 Current Ratio 1.22 Quick Ratio 1.11 DSO 85.01 EPS 0.16 Price/Earnings 165 Long-term Debt/Equity 0.09 Debt/Equity 1.39
Growth Rates North America remains the largest market for CRM, accounting for almost half of global revenues, with total spending on software reaching $4.3 billion in 2007. That will almost double to $7.6 billion by 2012. Europe is expected to exhibit steady, positive growth, rising from $2.6 billion in 2007 to $3.9 billion in 2012, says Gartner.
The Company should be clear on the dollar value impact of the patent infringement settlement with Triton IP, LLC. This could be the reason for the significant increase in that account in the balance sheet ;
The Company owns 65% interest in a Joint Venture. Given the Company’s majority ownership interest in the joint venture, the accounts of the joint venture were consolidated with the accounts of the Company , and a minority interest was recorded ;
In March 2007, the Company acquired 100% of the outstanding stock of a corporation, whose principal asset was developed technology, for $5.3M. The Company accounted for this acquisition as a capital expenditure as the acquired entity did not meet the accounting definition of a business;
The accounting is different from the April, 2006 acquisition of Sendia, where the Company acquired 100% of Sendia’s outstanding stock. Approximately $1.8M of the purchase price was attributed to assumed debt that was repaid immediately following the close of the transaction. In this acquisition, assets and liabilities acquired were recorded in the company’s balance sheet, the difference between Net Assets acquired and Purchase Price was recorded as goodwill.