A look at progess on Comast's new tower (Video: NBC10)


Vista Equity Partners, not SAP or Microsoft, to acquire Marketo

Tom Paine

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Private Equity firm Vista Equity Partners has reached an agreement to acquire marketing automation firm Marketo for $1.8 billion in cash.

The deal strikes me as being somewhat unusual as Marketo was still in a growth stage typically less amenable to PE financing, and it had considerable percieved value to strategic buyers. In fact, SAP and Microsoft were widely thought to be the two most likely acquirers. Some knowledgable people I follow had already assumed that SAP would be the buyer.

The aquuisition price of $35.25 represents a 64% premium over Marketo's share price on May 9, when the most recent reports that Marketo was being shopped surfaced.

The San Mateo, CA-based company, which went public in 2013, posted revenue of $210 million and a net loss of $71.5 million in 2015. Revenue grew from $150 million in 2014 and $96 million in 2013.

SAP acquired marketing systems vendor Hybris in 2013, and in fact has been trying to position it as a CRM alternative.

Links 5/31:PC Connection Buys Downingtown-based $200M Softmart; Dell buyout deal shortchanged shareholders, Delaware court rules

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PC Connection Buys Downingtown-based $200M Softmart as Ranks of Microsoft Licensing Partners Dwindle (CRN)

Thoma Bravo to submit binding offer for U.S.-based Qlik: sources (Reuters)

Delaware court rules Dell's $24.9 billion buyout priced 22 percent below fair value (Reuters)

Dell Buyout Deal Shortchanged Shareholders, Court Rules (NY Times: DealBook)

Oracle back in court Tuesday, this time facing HP (MarketWatch)

The Fundraising Wisdom That Helped Our Founders Raise $18B in Follow-On Capital (First Round Review)

Workday beats Q1 targets with sales up 38 percent (ZDNet)

Telecoms scramble to keep customers after half a million Canadians cut landlines last year

More than half a million Canadians hung up their home phones permanently in the past fiscal year, and the cord-cutting trend seems to be accelerating despite incentives offered by telecoms to keep customers on the line. As many as 540,000 subscribers cancelled their home phone services from the top five telecommunications providers – Bell, Rogers Communications…

Why SaaS Consolidation is Not Happening

Why SaaS Consolidation is Not Happening (Villi Iltchev / August Capital)'

Monday Highlights: Barclaycard Poised for Expansion; Comcast loses key Oregon tax rulings, 'tens of millions' at stake

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Barclaycard Poised for Expansion Boost in Staley’s New Model (Bloomberg)
Barclaycard US is based in Wilmington.

The new destination on NJ Turnpike? Exit 6A-Florence (Philadelphia Inquirer)

Diane Greene wants to put the enterprise front and center of Google Cloud strategy

SAP set to reap from Asia Pacific's accelerated cloud adoption (ZDNet)

Multi-Tenant or Multi-Instance? ServiceNow exposes the debate
Comcast loses key Oregon tax rulings, with 'tens of millions' at stake (Oregon Live)

Quintiles and IMS Health to Combine in ‘Merger of Equals’ (NY Times)
Completely missed this from earlier this month. Will take some time for me to understand logic behind it.

Deal to End Verizon Strike Gives Company Tools to Pare Work Force (NY Times)

Sunday highlights: Verizon's media strategy; Redoing King of Prussia, to some extent

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Verizon’s Multi-Billion-Dollar Play To Take On Netflix, Amazon, Google & Facebook (Fast Company)

Microsoft, SAP seen as possible buyers of Marketo (Silicon Valley Business Journal)

How TD Bank Is Transforming Its Data Infrastructure (Information Week)

Host Analytics – on the growth train (Diginomica)
Partners include QLIK and Dell Boomi.

A $1 billion boom (Philly.com)
Redoing King of Prussia, to some extent.

Philly Tech VentureWatch 5/29/2016: Viridity Energy, HudlHealth, VerbalizeIt, LoanStar

Tom Paine

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Philly-based Viridity Energy has raised $8.5 million in what it terms a "growth round." The company, which develops software which helps companies and institutions optimize their individual energy grids, has now raised $39 million in VC funding since its 2008 founding, according to CrunchBase. This round was led by its longtime investor AltEnergy, LLC; past investors have included Intel and Matsui.

Viridity provides demand response and demand management software technology and services, along with battery storage solutions, to high energy industrial and services users. Greentech Media does a much better job of describing what Viridity is currently up to than I ever could.

The company is working on construction of an 8.75 MW regenerative braking project with the Southeast Pennsylvania Transit Authority (SEPTA), Constellation, ABB and Saft. The original management team was composed mostly of veterans of Norristown-based PJM InterConnection, which manages the mid-Atlantic grid.

When I first covered Viridity, I wondered about the complexity of the software it was developing. The Greentech Media article mentioned that it had to simplify its stack a couple of years ago because of scaling issues. Viridity's attempt at real time management of some elements of a facility's energy usage could be particularly demanding from a software engineering point of view.

Audrey Zibelman / NY PSC
Audrey Zibelman, Viridity's founding CEO, had previously been EVP & COO of PJM. An attorney, Zibelman left in 2012 to become the chair of New York State's Public Service Commission,  a fact I first became aware of when the PSC was planning to hold hearings into the Comcast/Time Warner Cable deal.  Zibelman was criticized last year for still having ties to Viridity (some equity, which she promptly disposed of) while having potential conflicts. For example, Con Edison, the state's largest electric utility,  was probably Viridity's most important client.

Currently,  there is an ongoing federal investigation into the Public Service office, which Politco in an article published Thursday seems to imply involves issues from Zibelman's tenure and could reach the Governor's office. No one has been accused of wrongdoing, Politico notes.

Malvern-based startup HudlHealth announced it is beginning operations.

HudlHealth also announced it had acquired Seratis, a graduate of DreamIt's healthcare incubator, and its "healthcare technology platform for secure messaging and care team transparency."    

The primary aim of HudlHealth's platform is to reduce the miscommunication and wasted time prevalent in the healthcare system.  From experiences both as a caregiver and patient, I concur that tremendous waste occurs due to lack of schedule coordination, and if HudlHealth can reduce a small portion of that its a worthy goal.

HudlHealth was founded by Robert Burg, who  previously helped establish the life sciences business side of online sentiment analyzer Behavior Matrix (Blue Bell). Hudl, by the way, stands for "Healthcare Unified Digital Lifeline."

New York-based Smartling acquired New York-based VerbalizeIt to "expand its multimedia translation capabilities." VerbalizeIt was founded at Wharton, incubated at TechStars, and made an appearance on Shark Tank. Smartling CEO Jack Welde has a computer engineering degree fron Penn. First Round Capital has been an investor in Smartling since its first round. Terms weren't disclosed.

Smartling has raised over $60 million in VC funding.

Conshohocken-based LoanStar, who's President, Craig Haynes, is a TD Bank veteran, is offering a platform which enables banks to expand merchant lending progams, which have suffered since the bank crisis. LoanStar provides a mobile app which merchants can use onsite at the point of sale to seek approval.

Doylestown-based BioClinica may seek sale (Report)

Tom Paine

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Doylestown-based BioClinica's private equity owner is exploring a sale, according to sources cited by Reuters.

BioClinica's eHealth unit is located in

The clinical trial management services supplier, which was taken private in 2013 by JLL Partners for $123 million, could be valued at as much as $1.3 billion, the sources suggested to Reuters. It has apparently hired investment bank Jefferies LLC to run an auction.

Since going private, BioClinica has made several acquisitions, the most recent being its January acquisition of clinical trial payments specialist Clinverse, which was backed by Edison Partners. BioClinica is reported to have EBITDA (earnings before interest, taxes, depreciation and amortization ) in the $100 million range.

BioClinica was founded in 1990 as Bio-Imaging Technologies and has over 1200 employees, according to its website.

While several firms in the Philly area have one or more of the tools needed for clinical trials, the key to BioClinica's strategy has been to intregrate several of them.

Links 5/27: Latest on Fidelity's eMoney Advisor, Monetate, Dell Boomi

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eMoney Experiencing ‘Explosive’ Growth (Think Advisor)

Fidelity’s Big Bet Unveiled (Financial Advisor)

Apple Proposed Buying Time Warner, May Consider Netflix (Fortune)

Salesforce Partners Surprised By Fast-Moving AWS Relationship, But See Synergies Between The Cloud Vendors (CRN)

Monetate rebuilds (Philly.com)

SAP Partners See Opportunities, Challenges In New HANA Releases (CRN)

Dell Boomi Revamps Online Community for iPaaS, MDM and API Management (Integration Developer News)

Verizon Strike Appears Over; Workers Expected Back Next Week (Investor's Business Daily)

Links 5/26: Google beats Oracle in court; Veeva Systems beating Oracle in another way

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Google Prevails in Copyright Fight Against Oracle (Fortune)

John Bogle says extend 'clients first' fiduciary rule to all investors (MarketWatch)

SAP's Grand Plan to Lead the Digital World (CMS Wire)

Hershey CEO Aims for Greater Transparency and Consumer Trust with SAP S/4HANA, Analytics (ASUG News)

Whitman deletes another chapter in HP history as CSC and ES borg (The Register)

Oracle Rival Veeva Systems Beats Estimates, Lifts Guidance (Investor's Busimss Daily)

Veeva Surges 12% on FYQ1 Beat, Higher Q2 View; Raises Year View
(Barron's Tech Trader Daily)

Salesforce Connections – Oh, the places you (could) go… (Diginomica)

Google goes after Microsoft, Tableau, and others with a new free analytics tool (PCWorld)

Michael Wolff: Why Fat Is the New Skinny (TV Bundle) (Hollywood Reporter)

Comcast promises better service, adding Wi-Fi hotspots in Twin Cities (Minneapolis Star Tribune)

Links 5/25: Salesforce names AWS ‘preferred’ public cloud provider; Universal Orlando slowly gaining on Disney World

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Venmo Likely Investigated Over User Privacy Violations (Fortune)

Comcast limits data cap overage fees to $200 a month (Ars Technica)

Cable Is Eyeing Its Retail Options (Light Resding)
Nsmely, Comcsst & Arris.

Universal Orlando Keeps Closing In on Disney World (Motley Fool)

Logistics Industry Consolidation Mounts: What It Means (Constellation Research)
Two area logistics firms, BDP International of Philly and Pilot Freight of Lima, Delco, are considering selling all or part of themselves, the WSJ reports. Constellation Research analyzes industry trends toward consolidation.

Supply Chain Operating Networks are Finally Beginning to Emerge (Logistics Viewpoints)

SAP & PrimeRevenue Partnership — Interview with PJ Bain, CEO of PrimeRevenue (Spend Matters)

Salesforce chooses AWS as ‘preferred’ public cloud provider, will run Sales Cloud on it (VentureBeat)

Salesforce to Use AWS and Own Data Centers in Expansion Push (Data Center Knowledge)

Universal Display: Needham Ups Target to $69 on Expected Industry Acceleration (Barron's Tech Trader Daily)

eero inks $50 million funding deal with Menlo’s Opportunity Fund, plans to sell products at Best Buy (TechCrunch)
First Round Capital led eero's seed financing.

Links 5/24: HP Enterprise's services unit to be merged with CSC: Ben Franklin Technology Partners invests $2.5M in 14 Phila-area firm

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HP Enterprise to Merge Services Unit With Computer Sciences (Bloomberg)

Hewlett Packard Enterprise surges on move to merge services unit with CSC (MarketWatch)

SAP Shows How Businesses Are 'Live' in the Digital Economy (Ad Age)
Kicks off new campaign.

SuccessFactors President Mike Ettling on S/4HANA Public Cloud, the Intersection of Financials and HR (ASUG News)

Toyota is establishing a 'strategic partnership' with Uber, which is a really big deal (The Verge)

Comcast: Set-Top Box Proposal Fails On All Counts (Multichannel News)

Comcast's AudienceXpress Tests Demand-Side Interface, Gives Agencies Direct Access (MediaPost)

Charter explains why it doesn’t compete against other cable companies (Ars Technica)

Verizon CEO: Go90 ‘Over-Hyped,’ But ‘Expectations Are Realistic (Investor's Business Daily)

Ben Franklin Technology Partners spreads $2.5M to 14 Phila-area firms (Philly.com: Philly Desls)

Comcast faces antitrust lawsuit over cable ad sales

Tom Paine

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In news that broke late today, Comcast is facing an antitrust lawsuit alleging that it is trying to monopolize cable advertising within distinct geographic markets.

In s suit filed in Illinois Monday, Viamedia claims that Comcast has gained control of local cooperatives which serve large cable networks and blocks Viamedia and its clients from participating in large markets such as Detroit and Chicago.

This comes as the Justice Departmemt is already investigating Comcast's behavior in the spot advertising market.

Comcast issued a statement citing the competitiveness of the advertising market.

Links 5/23: Hulu's value; Universal Display would benefit from OLED in iPhones

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Hulu Now Worth $25 Billion, up From $15 Billion, Analyst Says (Hollywood Reporter)

NBC Sports jumps into the livestream game just in time for the Olympics (Mashable)

NBC Sports enters video streaming business with Playmaker(Sports Business Daily)

Comcast CEO: We're keeping options open to compete in wireless (CNBC)

Universal Display Surges 8%: Apple iPhone To Boost Earnings Next Year, Says Goldman (Barron's Tech Trader Daily)

Apple’s Suppliers Gear Up to Bring New Screens to 2017 iPhone (Bloomberg)

The Oracle-Google Case Will Decide the Future of Software (Wired)

Host Analytics – on the growth train (Diginomica)
Partners with Qlik.

Veeva launches product-specific cloud-based data management system (OutSourcing Pharma)

NetSuite and the Year of the Vertical Cloud ( Vinnie Mirchandani/ Enterprise Irregulars)

Can the Billy Penn model for local news work beyond Philadelphia? We’re about to find out. (Poynter)

Philly Tech People News 5/21/2016: EY names area finalists for EY Entrepreneur Of The Year; JetPay founder Shah steps down as CEO

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Sridhar Solur Joins Comcast Cable as Senior Vice President, Xfinity Home and IoT Products
The key thing to note is that Comcast went outside for this important hire, who came from HP.

EY announces Finalists for the EY Entrepreneur Of The Year® 2016 in Greater Philadelphia

Former Oracle [Health Sciences] CTO Joe Alea Joins Clinical Ink as Chief Technical Officer

AT&T Names New Vice President And General Manager In The Liberty States

JetPay hires new CEO (Allentown Morning Call)
Founder Bipin Shah (famous for his role in creating the MAC ATM money acess system) steps aside as CEO, remains chairman.

Radian CEO S.A. Ibrahim to Retire in December 2017
Ibrahim saw Radian through the housing mortgage crisis. Radian's problems, which emerged in 2007, were a precursor of the subprime mess and the recession that followed.

PrimePay Announces Executive Leadership Promotions Designed to Meet Key Objectives for Sales Year 2017

Salesforce: Great results, but must be thinking about future cloud & database strategy (Update 5/25: Salesforce choses AWS as its ‘preferred’ public cloud provider

Tom Paine

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Update 5/25: Salesforce has chosen AWS as its ‘preferred’ public cloud provider, snd will run Sales Cloud on it in addition to previously announced clouds.

Salesforce Partners Surprised By Fast-Moving AWS Relationship, But See Synergies Between The Cloud Vendors (CRN)

Salesforce produced solid results in its first quarter announced last week: Revenue up 27% to $1.92 billion, and a profit of $38.8 million.

While its certainly on a good track for now, one question that's still out there
is how Salesforce will deal with its largest (indirect) pure cloud competitor, Amazon Web Services. AWS curently has a $10 billion annual run rate with much higher growth, although as an IaaS/PaaS hybrid of sorts, its at a different level in the stack than Salesforce. (Actually Google is a larger pure cloud company, come to think of it.)

So its interesting to see Salesforce making noises, at leaast, about reaching out
to AWS. In fact, its Heroku PaaS platform for developers runs on AWS (exclusively?) and its new IoT platform will as well.

Salesforce must have thought internally about providing a public cloud utiilty, but it would be awfully hard to match what AWS has now. Oracle is trying, but there is a sense that's more an afterthought to serve its own customers.

Meanwhile, the old rumor that Salesforce is building its own  DBMS based on Postgres to run on top of Heroku rather than run its clouds on Oracle DBMS, resurfaces.

Update 5/25: AWS snnounced today that Salesforce has chosen it as its ‘preferred’ public cloud provider, and will run Sales Cloud on it in addition to other clouds
already announced.

< Salesforce Surges as Large Revenue Deals Help Drive Growth (Bloomberg)

Salesforce wants to work a lot more closely with Amazon Web Services (Business Insider)

Salesforce claims 'record' quarter record at Oracle and SAP's expense (The Register)

Salesforce Caught Between Two Software Worlds (Fortune)

Circuit breaker failure was initial cause of Salesforce service outage (ZDNet)

Pivotal confirms Series C round is actually over $650 million (TechCrunch)

QVC Revs Up 4%, Zulily Records Uptick (MediaPost)

Lending Club's CEO resigns after internal probe, shares plummet (Reuters)

LendingClub's Woes Show Cracks In The Non-Bank Boom That Emerged From The Financial Crisis (Forbes)

OnDeck Capital Takes Hit from ‘Capital Markets Meltdown’ (Barron's Tech Trader Daily)
From May 3. First Round Capital was one of the earliest investors in OnDeck when it
was just a startup.

PTN Post from March: Wilmington-based Swift Capital reports gains, has impressive backers including First Round Capital

Sunday highlights: Comcast buys French startup StickyAds; SAP Developing 100 Corporate Apps as Part of Apple Partnership

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Verizon is sending lawyers to climb telephone poles when its technicians go on strike (Quartz)

ASUG Member: Setting Digital Transformation Strategies for the Pharmaceuticals Industry (ASUG News)
CSL Behring is based in King of Prussia.

SAP Developing 100 Corporate Apps as Part of Apple Partnership (WSJ: CIO Report)

Comcast buys French startup StickyAds to build out its digital video business (Re/code)

Jamie Horowitz Tries Again, This Time to Revive FS1 (NY Times: DealBook)

Second Oracle v. Google trial could lead to huge headaches for developers (Ars Technica)

How Amazon's growth causes retailers to close stores (Philly.com)

Saturday Highlights 5/7/2016: DreamWorks posts strong first-quarter earnings; Uber, Lyft spend big, lose big in Texas vote on driver fingerprinting

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Sales intelligence and analytics: the two pillars of inside sales (VentureBeat)

DreamWorks posts strong first-quarter earnings (Video) (LA Biz)

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Uber, Lyft spend big, lose big in Texas vote on driver fingerprinting (Reuters)

iOS 10 reportedly includes a dedicated smart home app (Engadget)

What does Joe Lonsdale think of BuzzFeed's Inside Palantir article? (Quora)
Slamming BuzzFeed's journalism.

Opinion: Why You Should Go to Propeller and Bring Your Employees

Propeller will take place May 20 in Hoboken. | Propeller Fest

Esther Surden
Publisher & Editor, NJTechWeekly.com

The Propeller Festival to be held May 20 on Pier A in Hoboken is destined to be a good time for all who attend, but that’s not why you should go.
There will be talks from entrepreneurs, VCs and pundits who will give you innovative ideas to think about and concrete suggestions on how to better grow or finance your business, but that’s not why you should go.

There will be drone races, virtual reality, gaming and a Human Digital Orchestra from Bell Labs, but that’s not why you should go.
There will be a serious startup pitch competition with folks from Techstars and Newark Venture Partners, but that’s not why you should go.
There is even going to be a musical performance from The Naked and Famous, but that’s not why you should go.
You should go because this is New Jersey’s chance to show off its credentials as a place where there is a thriving tech culture.
You should go to show the region that we can host thousands of tech enthusiasts in one place.
You should go to take pride in New Jersey’s growing innovation economy.
So take a day off from your startup!
Take just one day for self-education, fulfillment and fun.
New Jersey tech employers, give your employees the day off, and buy them a ticket.
New Jersey Universities, encourage your tech professors, instructors and students to go
From day one, New Jersey Tech Weekly has been about “Growing Tech in the Garden State.” Here’s our opportunity to showcase how far we’ve come.
Let’s all show some unity, be Jersey tech proud, get behind a fabulous festival, and demonstrate all the innovation that New Jersey has to offer!

Esther Surden is Publisher and Editor of NJTechWeekly, and a contributor to Philly Tech News. This article originally appeared in NJTechWeekly, and is republished here with her permission.

BILL McDermott in Fortune interview (video)

Bill McDermott seems much better in this Fortune interview, but he
can't get rid of that Long Island accent.

Philly Tech People News 5/5: Dell Boomi Adds COO and CMO to Executive Team; New CIO for Pennsylvania’s $25B Pension

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Dell Boomi Adds COO and CMO to Executive Team (Dell Boomi Blog)

AMETEK Announces Executive Leadership Transition (PR Newswire)

New CIO for Pennsylvania’s $25B Pension (Chief Investment Officer)

SAP Names Christian Klein as Chief Operating Officer, Thomas Saueressig as Chief Information Officer (SAP)

4 Career Tips From A Tech CFO (Forbes)
Sue Vestri, CFO of Greenphire.

Qlik Channel Exec Cunningham Exits To Take New Post At Splunk (CRN)

Vox Media Names First CFO, Adds Former Yahoo President to Board (Bloomberg)

Bioclinica expands eHealth Solutions strategic leadership team (PR Newswire)

AccuWeather Appoints Bill Boss as Director of Product Development, Display Systems and Services (AccuWeather.com)

Why Comcast Made the DreamWorks Deal (Bloomberg Video)

Links 5/5: Apple and SAP Team Up for Partnership; EPAM Continues Growth Surge

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Apple and SAP Team Up for Blockbuster Partnership (Fortune)

EPAM Reports Results for First Quarter 2016
(EPAM Systems)

EPAM Continues Growth Surge On Higher Digital Services Demand (CRN)

Computers trump chemists by studying failed experiments
A "team of researchers at Haverford College."

Arris CEO: 2016 Off to ‘Good Start’ (Multichannel News)

FCC approves Altice purchase of Cablevision Systems
(Reuters vis CNBC)

NYC will approve Cablevision sale with conditions (NY Post)

Nightmarish transition from Verizon to Frontier has no end in sight (Ars Technica)
I went through an earlier iteration of this. It was bad.

A look inside Comcast Ventures’ Student Loan marketplace disruptor (Comcast Corporate Blog)

Shares of Tableau dip 9% despite earnings beat; CEO calls it a ‘strong quarter’ for customer growth

IBM in OpenStack interoperability push (The Register)

The 451 Group's latest research on Dell Boomi

Tom Paine

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It is rather contradictory that although consensus is that Dell Boomi is a leader in PaaS integration services (see its positioning in the Gartner Magic Quadrant), a critical component of the explosive growth of SaaS and the Cloud, yet its still quite small.

One might expect Dell to be building a huge Boomi headquarters in the center of Berwyn, whereever one imagines that to be. But right now there are only a couple hundred people to put in it at most.

That's one piece of information derived from the 451 Group's latest research on Dell Boomi, put together by Carl F. Lehmann, entitled 'Dell Boomi continues to impress but lags in some key markets.' Carl was kind enough to share some of it and speak with me about it.

Some key takeaways from the 451 Group report:

  • Revenue growth (presumably for 2015): The Americas grew at 44%, EMEA posted a 108% growth rate and APJ grew at a 72% rate. Obviously global penetration is increasing.

  • Boomi reports that its AtomSphere iPaaS executes 2.8 billion integration processes per month, versus over the 30 million per month it reported as a key milestone just three years ago.

  • Boomi has been bolstering its AtomSphere iPaaS for scale via performance improvement.

  • Boomi has successfully developed its master data management (MDM) capabilities to a degree.

  • But it still lags behind other market leaders in the area of big data integration.

  • Boomi's API management capabilities were announced in March 2015, and they should become of increasing importance strategically.

  • Boomi's target market is users implementing hybrid on premise/private cloud/public cloud solutions.

One thing I didn't know was that EDI (Electronic Data Interchange) was Boomi's legacy business from its early days. In fact, its never really gone away, and Lehmann writes that "over time, Boomi believes, as do we, that the EDI market will become ripe for transformation to next-generation hybrid cloud integration architecture."

Lehmann emphasizes that Boomi's "integrated multipurpose platform" is probably its greatest strength, but that Boomi is not alone in having gone down that path.

A couple of other points of interest:

Boomi AtomSphere is a single-instance multi-tenant architecture that runs primarily on Rackspace.

SuccessFactors has been a major Boomi user, but SAP is trying to replacing it with its own SAP HANA Cloud integration (HCI) iPaaS. That offering has been improved, but Boomi is still likely the superior solution and will remain in the SuccessFactors toolbox for some time, the report says.

So the overall picture is that Dell Boomi is a vibrant, market leading business, and that PaaS integration is a critical utility for hybrid  deployments. It isn't alone, having numerous competitors including IBM (which acquired Cast Iron around the same time Dell acquired Boomi) and a still independent MuleSoft.

What's surprising is that the revenue figure I've heard for Boomi is still quite small. I wonder, perhaps, if there are some transfer pricing issues going on, or that headcount figure may not include other Dell people who spend considerable time on Boomi issues. Just guessing.

Lehman felt the biggest threat to Boomi was the uncertainty surrounding the completion of the Dell/EMC/VMware deal. Completing the deal has required considerable financial engineering, and its been a tight fit. But I think Boomi has always been one of Michael Dell's special interests, and as long as he's involved I think Booml's interests will be looked after.

As Fortune said of Michsel Dell one year ago: "He seemed particularly excited about Dell Boomi, which integrates software systems, helping companies win in what Dell calls “the API (Application Program Interface) economy.”

There seems to have been a smooth transition from the Nucci/Moul era to GM Chris McNabb and his team. And Dell Boomi just announced it was adding its first COO and CMO.

I've wondered whether Boomi would be better off in a company more focused on data tools, such as Informatica or TIBCO, but it also may be a better fit with some of the more cloud-oriented EMC properties.

Links 5/4: New CEO at Ametek; Katzenberg, Comcast execs seek to reassure DreamWorks Animation staff

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New CEO at Berwyn's Ametek (Philly.com)

Katzenberg, Comcast execs seek to reassure DreamWorks Animation staff (LA Times)

Verizon Outages Hit Thousands Amid Strike (Information Week)

Microsoft's Solair acquisition could expand its Internet of Things services (PCWorld)

GoDaddy's CEO Talks Cloud Computing And Helping 'Little Developers' (Fortune)

Amazon's Business Marketplace Hits $1 Billion Milestone (Bloomberg)

LINKS 5/3: Oracle is paying $532 million to buy another cloud service provider; Vanguard's app glitch

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Dell rebrands Dell to Dell Technologies, Dell EMC, and Dell (Ars Technica)

Penn Medicine uses data to enhance patient outcomes | #emcworld
(Silicon Angle)

Qlik Moves To Expand Partner Program Beyond License Sales To Include Services, Subscription Revenue (CRN)

Qlik Announces Qlik Sense Cloud Business SaaS Offering (Qlik Technologies)

Vanguard says app glitch led to inflated balances shown on Apple devices (Reuters)

Oracle is paying $532 million to snatch up another cloud service provider (Infoworld)

Google will soon have 100 new self-driving minivans on the road (Business Insider)

Pinterest Scoops Up Team Behind Mobile Ad Tech Startup (Fortune)
Sounds like another mobile acquihire, though the tech is interesting. First Round Capital was an investor.

Does media rights bubble have a leak? (Sport's Business Daily}

Links 5/2: NBCUniversal in Talks to Join Hulu Channel Bundle

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NBCUniversal in Talks to Join Hulu Channel Bundle (EXCLUSIVE) (Variety)

Qlik Strengthens Cloud-Based Offerings with Acquisition of Industrial CodeBox (Qlik Technologies)

Why Sports Authority Is Likely to Close All 463 Stores (Fortune)
Confirmed. Was one of GSI Commerce/Ebay Enterprise/Radial's largest accounts.

This NYC Startup Just Raised To Change How You Shop (Alleywatch)
First Round Capital participated in funding; CEO and cofounder Alexis Maybank was Gilt exec.

After 11 Years in Digital Video, YouTube Wants to Take on TV-Sized Budgets This is how it's challenging the networks (Adweek)

BuzzFeed Touts Global, Cross-Platform Reach at NewFront (Cablefax)

Bessemer Venture Partners Byron Deeter on success in SAAS (TechCrunch)

Can Microsoft Follow Amazon's Cloud Trajectory? (Fortune)

The Tech Press Cycle And Unicorns (TOMASZ TUNGUZ)

Sunday highlights: Big job growth seen coming to Philly burbs; Hulu bets on Cable-style Web TV

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Philly suburbs poised for big job growth (Philadelphia Inquirer)

Questions remain at DuPont a year after Peltz defeat (USA Today)

22 charts that show the incredible growth of Amazon Prime (Business Insider)

Keith Block talks life at Salesforce and being a Boston sports fan in San Francisco (TechCrunch)

Gunning for Google, Comcast Preps Gigabit Internet That Works With Regular Cable (Wired)

Hulu Bets on Cable-Style Web TV (Dow Jones Business News)
Comcast is a 1/3 owner, though silent partner in Hulu due to NBCU merger condition. It has not agreed to license any of its content for Hulu's new service.