Enterprise 3.0 Collaboration: eProject (Part 2)

[Part 1]

Continuing in the vein of venture due diligence, here’s the second part of the eProject story.

SM: What is the competition, and how do you differentiate?
JP: A number of companies are in this market, from baseline project management tools like Microsoft Project to more traditional enterprise packaged software from companies like Planview, Computer Associates, and HP (with their acquisition of Mercury).

Packaged applications competitors have deep functionality but are slow. They require many months of installation, customization, and systems integration services to even be ready to use.

Newly funded OnDemand competitors are springing up, but they tend to have a limited set of capabilities, shying away from complex requirements such as capacity planning for example.

eProject is also gaining a strong customer base with their dynamic applications, which can be created to track any part of a business, industry, project, etc. This easy, wizard style customization process enables customers to manage every part of their project and business based on their specific needs and within their work styles and structures. The revolutionary element is that it is designed for business users, not for IT. It provides a radically faster way to add incremental capabilities, deploy them to teams, and control access and security using the eProject platform.

SM: Similar to Webex. They penetrated the market from the departmental business groups, and bypassed IT. Effective go-to-market strategy, and sounds like it’s working for you. So you have a large market opportunity that is perfectly aligned with a major trend, and a product that customers seem to like. So far, you look like a venture capitalist’s dream!

(to be continued)

Part 1
Part 2
Part 3
Part 4
Product Review

This segment is part 2 in the series : Enterprise 3.0 Collaboration: eProject
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