I never have been so much for these new i-cloud "i" business software houses which is pity, I did trade this today CRM Q as longside today and it is certainly impulsive where it is - track the sales leads & leads for more sales and clearly appears to have zigzag pattern behind.
CRM clouds has succesfully landed also for small and medium size business territory. It is propably the most famous name on there when it comes to independent CRM and clouds based services but not only one, keep on eye this one which is much smaller company yet but start to looks promising:
They reported february 8:th as following:
Q4 Revenues of $22.5 Million and Full Year Revenues of $83.8 Million Both Up 18% Over 2010; Q4 SaaS Revenue Up 42% Year Over Year; Q4 SaaS Billings Up 41% Year Over Year; Record Full Year Recurring Revenues Up 19% Year Over Year.
It is small company yet but has also succesfully done number of buy-outs from the marketplace. Obvisiously you do not get the companies like this with any concervative single digits PE numbers, they are grow strories.
So far, Callidus has bought these names:
Fourth Quarter - Webcom Inc - cloud-based configuration, pricing and quoting
Third Quarter - Rapid Intake - cloud and mobile collaborative, e-learning authoring
Third Quarter - iCentera - cloud and mobile sales enablement portal
Second Quarter - Litmus - mobile learning management system
First Quarter - ForceLogix - cloud-based sales coaching solution
First Quarter - Sales Force Assessments - cloud-based sales assessment solution integral to our Sales Selector product