Report showcases vendors with revenues of less than $100 million who are adapting and innovating around current shifts in the software market.
IGLOO Software, a leading provider of online community and social software solutions was named as one of the top innovative application companies to watch in a recent report published by IDC, a leading industry analyst firm headquartered in Framingham, MA.
The report focused on companies with annual revenues less than $100 million who are delivering innovative solutions that meet enterprise software application needs. The criteria used by IDC to measure innovation were based on the following three key application trends:
- Acceleration of software as a service (SaaS), business process outsourcing (BPO), and open source over traditional on-premise software.
- New business models for software use by service providers (software-within-a-service).
- Web 2.0-like functionality moves into the enterprise (e2.0).
"IGLOO is thrilled to be named as a top innovating company in the enterprise space" says Dan Latendre, CEO of IGLOO Software. "Disruptive forces are compelling companies to rethink their traditional enterprise technology architectures in order to stay competitive, manage risk and build capacity across the entire organization."
IDC's "Companies to Watch" reports are a qualitative evaluation of a set of vendors within a specific market - they are not a stack ranking nor do they represent an exhaustive evaluation of all companies in a segment or a comparative ranking of the companies in the report.
About IGLOO Software
IGLOO Inc. is develops online communities and social software solutions for organizations of any size. Our suite combines Web 2.0 technology with on-demand hosting, consulting, e-engagement and all of the community support services necessary for a sustainable and successful deployment.
Organizations use IGLOO communities internally to improve employee productivity (Workplace Communities) or externally to foster relationships with members, customers, partners and suppliers (Marketplace Communities). Fully integrated collaboration, knowledge sharing and Web 2.0 social networking tools enable organizations to quickly and cost-effectively create online communities to leverage talent, knowledge and relationships across organizational and geographical boundaries. IGLOO is funded by RBC Venture Partners. Jim Balsillie is Chair of the IGLOO board.
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