By David Sims
david@firstcoffee.biz
The news as of the first coffee this morning, and the music
is The Pogues’ If I Should Fall From
Grace With God:
Esmertec, a vendor of software and services
for the telecommunication, interactive multimedia, and consumer electronics
markets, will announce its client-server
M2M product, OSVM Universe.
OSVM Universe contains features for the M2M market and is “suited
for use in automation, fleet management, and vending machines,” company
officials say, adding that it “can also be integrated to existing enterprise products
such as ERP or a CRM system with a server-side plug-in.”
Using two-way wireless communication, OSVM Universe provides companies with a means
to service and update devices deployed in the field. It also offers developers
a tool for creating M2M applications, which can exchange application data
between the device and the server.
OSVM Universe features a user-friendly integrated development environment, as
well as what company officials describe as a “virtual machine-based embedded
platform and a secure remote device administrator,” which enables remote,
scalable and automated on-the-fly software upgrade for large numbers of M2M
devices.
Lars Bak, Chief Architect of Esmertec describes OSVM Universe as “an M2M
software product for devices with limited resources,” since it can be deployed
on existing platforms and “enables cost savings in device management.”
…
Evidently NetSuite wants to follow in the footsteps
of Salesforce.com, as the hosted CRM vendor plans to go public and establish operations in China before the end
of this year, according to the company’s President and CEO Zach Nelson.
Industry observer China
Martens is reporting that Nelson says he thinks he can match the “ten times
revenue valuation” rival Salesforce.com got when it filed for an initial public
offering in June 2004, Nelson said in an interview Wednesday. “Going IPO is
more of a marketing event for us to increase our visibility and credibility,”
he told Martens.
Martens says that while NetSuite had considered going public towards the end of
2005, they “decided waiting until later this year would give the company more
of a chance of matching Salesforce.com’s IPO performance which valued
Salesforce.com at over $1 billion,” citing comments from Nelson.
NetSuite racked up $70 million in revenue in 2005, and
expects to do at least $100 million this year.
Nelson also told Martens that having set up a wholly owned subsidiary in Japan
earlier this month, NetSuite now wants to tap the lucrative China market by
working with local partners.
NetSuite’s hosted enterprise resource planning and customer relationship
management products are aimed at the SME market.
…
Contact center equipment and furnishings manufacturer Pro Tech
Communications, Inc. has reported net sales for the three months
ended December 31, 2005 were $379,504, compared to $315,689 in the same period
in 2004, an increase of $63,815, or 20.2 percent.
This increase was primarily due to contact center sales. Net loss for the three months ended
December 31, 2005 was $623,648, compared to $511,569 for the same period a
year ago, an unfavorable variance of $112,079, or 21.9 percent.