Joshua Greenbaum, ZDNet's Enterprise Anti-matter blogger, had an interesting take on the upcoming IPO of SuccessFactors, a San Mateo, California company that offers SaaS-based performance management software. Calling SuccessFactors "the latest poster-child for SaaS," Greenbaum looked at the company's S-1 filing and remarked on several important questions. Is the customer acquisition rate strong enough, and what kind of customers are signing on for the company's services? Is the financial management strong enough? And what about the product strategy? Greenbaum suggests viewing SuccessFactors' own success with an asterisk on whether the company is trying to compete with on-premise vendors or actually operating as an adjunct. Read more.
The Insider's Guide to Next-Generation BPM
I think the question really is will their long list of customers hang in for the ride with SF?