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Deal Radar
1Mby1M Deal Radar 2010: ShopIgniter, Portland, Oregon
As we saw in the recent Tech Stocks post on Amazon and eBay, retail analysts expect e-commerce to increase at a much higher rate than traditional sales this November and December. Social commerce is still small: blogs and social networking sites are the first step in the shopping process for just 3% of customers. But companies such as ShopIgniter, the creator of a social commerce suite called sCommerce, believe that this number will only grow and that the 2010 holiday season will be a defining period for the blending of e-commerce and social networking.
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1Mby1M Deal Radar 2010: Online Recharge Services, Gurgaon, India
Coverage of NASSCOM’s 2010 Emerge 50 continues with Online Recharge Service Private Limited, through its www.RechargeitNow.com is a multioperator Web-based instant pre-paid recharge station. It specializes in delivering next-generation online prepaid recharges in India. >>>
1Mby1M Deal Radar 2010: PAC Labs/GILD, San Francisco, California
PAC Labs creates solutions to help employers the best technology talent anywhere in the world. The company’s flagship product is GILD, a tool that PAC Labs describes as “where social gaming meets career advancement.” >>>
1Mby1M Deal Radar 2010: GlobeTask
“Anybody can go offshore and find somebody for four bucks an hour. But to find somebody who understands your culture and speaks your language, and knows where you’re coming from, that’s one step up,” says Josh Last, CEO and founder of GlobeTask, of his company’s approach. How important is the cultural factor? Tony Scott’s interviews with CEOs from around the world are just one of the blog’s attempts to gain a sense of how managers and workers view the role of national cultures in business. Opinions and models vary greatly, as we have seen in recent posts. On the one hand, onshoring, where U.S. companies outsource work not overseas but to U.S. workers in lower-cost rural locations, is on the rise. A recent Deal Radar profile featured Greytip, an Indian company committed to serving India-based clients. On the other hand, my interview with Gary Swart of oDesk shows that the virtual assistant market is becoming more popular, with an increasing number of opportunities for offshore workers. With GlobeTask, Last aims to avoid some of the disadvantages of cross-cultural teams yet allow clients to reap the benefits of outsourcing and off-shoring. >>>
1Mby1M Deal Radar 2010: iCIMS
iCIMS is a Web-based talent management platform that is designed to handle the entire talent life cycle. Colin Day founded iCIMS.com in 1999 and is the company’s president and CEO. Prior to founding iCIMS, Day worked at Comrise Technology in sales and new business development, where he was responsible for opening and growing branch offices. iCIMS was founded as an offshoot of Comrise Technology. At the time, Comrise had built an internal platform to manage all recruiting/HR in their organization, but it had no intention to sell it as a stand-alone product. In 1999, iCIMS bought the rights to their platform and spun off as a separate company to focus exclusively on designing and hosting talent management platforms for other companies. >>>
1Mby1M Deal Radar 2010: Examville, New York City
Examville is a global online education platform for user-to-user collaborative learning. The platform provides an open, virtual meeting place to connect teachers with students of any age or nationality while offering access to materials from major educational publishers. >>>
1Mby1M Deal Radar 2010: Greytip, Bangalore
Greytip, the second NASSCOM Emerge 50 company to be featured in Deal Radar, is a strong example of an Indian product company that has shied away from the body-shopping approach and been committed to the local market, recognizing that even though this market is small, it has significant potential. Greytip makes Folklore HRIS, an HR and payroll software suite designed to automate various processes, saving time and money. >>>
1Mby1M Deal Radar 2010: iWeb Technology Solutions, Mumbai, India
iWeb Technology Solutions is the first Deal Radar profile of a series of companies that have been chosen for the NASSCOM Emerge 50 for 2010. NASSCOM is the primary trade body and chamber of commerce of the Indian software and BPO industries, and every year it names 50 startups and growing companies to watch. iWeb Technologies is the creator of iWeb Enterprise Suite, an enterprise resource management (ERM) product that consists of modules, allowing companies to chose the combination of applications that best suits them. >>>