‘Force.com Platform’ Category
Multitenancy Helps Navatar Attack Vestiges of On-Premise Modelby Allan Siegert on 20th July, 2010 |
Oops, we forgot to mention an article we wrote recently that’s garnered more than 2,700 “reads.” By the way, “reads” is not my term, it’s what sys-con calls it. I would call them hits or scans. I’m not sure anyone (except me) actually reads anymore.
So, the article starts off says we are openly attacking the vestiges of the on-premise software model because we are providing all implementation and support services for financial firms interested in salesforce.com, for free. We go on to say that our announcement promises to start a new trend among cloud product providers – free services. This is bad news for legacy software vendors who earn millions of dollars from implementation, maintenance and support fees. You can “read” the rest of the article at:
Are Free Salesforce Implementations for Real?by Alok Misra on 26th May, 2010 |
Is there such a thing as a free lunch?
After Navatar made the announcement for free services for Salesforce, here are a just a few of several questions I received:
“How will you make money?”
“Free – Ha Ha...”
“Very interesting … still digesting what it means..”
The questions were genuine and their underlying theme was clear – everyone seemed very surprised since they didn’t think it was possible to provide any services free of cost. They were trying to figure out what the catch was.
There really is no catch. This is the way it is supposed to be in the cloud computing model. Cloud products are not physically installed for each customer the way on premise products are. True cloud products are multitenant and share databases, infrastructure and labor. Which means that the costs of implementing, maintaining, supporting and innovating can be shared too. That’s why, when you buy a cloud product you are supposed to get most services related to product implementation and support free of cost. It’s as simple as that.
All said and done, this is still a concept that will take some time to stomach – particularly, for folks that are like myself and have spent almost a couple of decades in the technology world, have long made a living implementing and maintaining software and have seen several fads come and go (I too spent years helping Deloitte and PwC make money on systems integration work). So their skepticism is understandable.
But there’s another category of doubters – those that have bought into the idea that implementing Salesforce for your business is simple enough to be accomplished with a few button clicks while playing poker. It’s often hard for them to see the value of what we offer (at least initially) since they are driven by the notion that it’s an easy DIY job. However, they typically realize after 6-12 months that the task of getting Salesforce to support their business, though not as daunting as plugging an oil well leak, can be extremely cumbersome and distracting.
So the answer is: No, we are not offering free lunches. Cost is one of the important advantages that Cloud Computing delivers – services costs are a big part of the TCO of software that the cloud promises to reduce. Real Cloud Product Companies will offer low cost subscriptions to useful, out-of-the-box (or, shall we say, out-of-the-cloud) products without charging customers for services – which is what we at Navatar are doing. The idea is that every Hedge Fund (or every Broker/Dealer or every Mutual Fund) doesn’t have to spend time and money doing the same thing just to implement and support software. Once customers see that value, they will be the real winners.
Alok Misra
Private Equity CRM –Capital Calls Functionality Will Improve Productivityby Shweta Kumar on 12th May, 2010 |
You asked – we delivered. You don’t have to work long hours to manually calculate, create, print and deliver capital call notices any more. Navatar Private Equity now also automates capital call and distribution processes, eliminating all the time consuming manual work on your part.
Your Investor Relations team will not have to spend time preparing spreadsheets and performing complicated calculations. The pre-defined logic in the system computes the capital drawdown/distribution and fee allocations to various limited partners. The system also allows flexibility for exceptions – for example, the allocation for a limited partner can be overridden if their side letter states they don’t invest in certain countries or industries. The system also performs automatic rolls ups for each LP and fund, on various metrics, to help users manage the process efficiently.
The IR team will not have to manually create and mail capital call letters either. The Capital Calls functionality will, in a few easy steps, allow them to:
- Set up custom capital call/distribution email templates using the fund’s logo and branding
- Dynamically populate the capital call notice with relevant contacts, limited partner’s commitment and capital call/distribution information
- Identify the contacts across limited partners to whom the capital call/distribution notices need to be sent based on the limited partner’s preferences
- With a single click, email notices to all the relevant contacts across limited partners
We will continue to add more functionality to increase the productivity of your investor relations, fundraising and deal flow teams. If you weren’t aware, Navatar Private Equity CRM is built on salesforce.com’s cloud computing platform. Follow the link for a demo:
Demo of Navatar Private Equity
Shweta Kumar
Cloud Computing Killed Siebel – Will You be Next?by Alok Misra on 26th April, 2010 |
Everyone knows how salesforce.com crushed Siebel a few years ago, to become the de facto standard in CRM. What started with a win in the On Demand CRM battlefield, has now revolutionized the delivery of software through cloud computing. Legacy software vendors under attack from newer cloud providers, are scrambling to protect their turf, like Siebel tried to do in the early part of the decade. However, most of these legacy vendors are fighting a losing battle.
Take the case of Netage, an established vendor that has been providing CRM to Financial Services. Netage will continue to lose deals to Navatar (read River Cities Capital Funds has selected Navatar’s Private Equity CRM over Netage Dynamo). The reason is simple: for a legacy vendor like Netage, winning the cost/value battle against a cloud provider like Navatar is next to impossible unless they can rethink their entire business model.
Legacy vendors typically give the cloud a try, as a defensive move – they launch a hosted offering, available through the internet to avoid losing business. They often try to save money by using all or some of their existing on-premise infrastructure and practice for their hosted offering (masked as a cloud offering), by avoiding the investment in a new technology infrastructure that supports multitenancy. However, the high cost of replicating and maintaining instances for each single tenant (or customer) eventually catches up with them, and their margins get lower as each new customer sucks up more resources (read Why Multitenancy Matters in the Cloud to learn more).
It isn’t just smaller companies – larger companies such as Oracle are faced with the same issue when it comes to competing with cloud providers (read Oracle Cloud Computing and the CFO’s Dilemma). But because of their size and scale, larger companies like Oracle have the ability to change the market demands/dynamics and fight the battle on a different turf.
The clock, in the meantime, is ticking for most other legacy software providers. If all they do is launch a cloud offering in addition to their on premise offering while maintaining the same business model, they will die soon. Their survival will depend on whether they can make a complete transition to the cloud world.
Why Multitenancy Matters in the Cloud (Redux) – InformationWeekby Alok Misra on 25th March, 2010 |
I recently wrote a post for the InformationWeek Cloud Computing blog, titled Why Multitenancy Matters in the Cloud. I described in my post why multitenancy is the most direct path to spending less and getting more from a cloud application. The blog post was actively discussed on various forums, including LinkedIn and Google groups and several experts raised very good questions. One question that was debated vigorously was whether a single-tenant or a “hybrid” model would or wouldn’t qualify as a Cloud solution.
I think that you can offer Cloud/SaaS products as single-tenant, multitenant or both (meaning one model for Goldman Sachs and another for Peter’s Garage) and also label them the way you want … the main question is that of revenue and cost … or, more plainly, whether you will become a winner in your space in the long term.
The keywords are both “winner” and “space.” If most of your customers can be served through multitenancy, you will have a winning SaaS/cloud product since you will eventually win the cost/value battle over your competitors. If most of your customers, on the other hand, require customizations that make your model single-tenant you may eventually become a winner in the consulting/SI space but not in the product space (someone else will figure out how to offer a multitenant product at a lower cost).
It’s a well known fact that Marc Benioff’s early investors pressured him to also offer single-tenant versions of Salesforce and give customers a choice… we can all guess where salesforce.com would have been had he accepted that compromise. But let me also give you examples from experiences that I have lived (through Navatar).
Our cloud products for Financial Services on the Force.com platform are all multitenant. For instance, 70+ Private Equity firms that use Navatar’s Private Equity product run their own instances of salesforce (where the product is loaded), have made their own configurations (and customizations) … however, they are still able to receive upgrades seamlessly from salesforce.com as well as from Navatar. That’s the architecture we were able to design (force.com surely helped). We sometimes have to stay away from potential customers who want heavy customizations that can prevent us from offering them seamless upgrades (even though we have a consulting practice)… that’s a price we pay.
Another example: Our consulting practice specializes in building products (on Force.com) for others. One such product we recently built was for Points of Light Institute, a pioneer and leader in facilitating volunteering. They offered a client/server product to nonprofits, to manage volunteer activity within their community. The cost of maintaining and supporting their 300 customers/affiliates was too high and the model wasn’t scalable. The new Force.com-based multitenant product allows each customer to customize, create their own web pages etc, without losing the ability to upgrade to the next version (in development). However, it was the targeted saving of 50% in the cost of maintenance/support that made the move to the cloud worthwhile for them … without multitenancy, instead of savings, they would have been building fatter maintenance and consulting practices.
Also, as someone pointed out, multitenancy is a necessary, but not sufficient condition for a profitable cloud product business – there are a whole bunch of others, and I complete agree. It’s also worth mentioning the blogs of those that actively participated in the debate and helped me enhance my own learning on all of this. Here are some of them that you may find interesting:
Customization: An enemy of SaaS, There goes the neighbourhood, Multitenancy in the Cloud, Principal-driven Customization, Trident Capital blog.
Five Strategic Questions to Ask Before Building on Salesforce.com’s Force.com Platform (PaaS)by Alok Misra on 15th December, 2009 |
There is no doubt that Force.com, Salesforce.com’s platform-as-a-service (PaaS), is the leading cloud computing platform today. If you are an independent software vendor (ISV) or an entrepreneur looking to build commercial products in a public cloud, it’s probably on your radar already. Force.com gives you the potential to save on development time and get a product to market faster–even more important, the potential to build a business with fewer resources.
Does that mean you can create a profitable cloud business by building your product on Force.com? The answer is–not necessarily.
In reality, most companies struggle to see the return on investment after all their development effort. Here’s why: In a perfect world, seat sales through the AppExchange would happen at the same rate that consumers download music on iTunes. Business buyers, however, are harder to reach and take forever to convince. Both traditional ISVs and startups usually discover they have been overly optimistic not only about how fast they can sell but also about what price targets they can achieve. To make things worse, ISVs find the product development, maintenance, and delivery costs to be much more expensive than anticipated.
Why does this happen when the world seems to agree that cloud equals reduced costs? It happens because ISVs don’t ask the right questions before jumping into the cloud. All ISVs want to know is the answer to two fundamental questions:
- Is Force.com the right platform?
- How much would it cost to build our product?
These questions are good. However, they are only related to product development, not profitability. Looking to build a successful cloud business requires much more input than just developing an application. If you don’t ask the questions upfront to understand the cloud business model, you could be writing checks for years before seeing any revenue. Here are the most important questions you must ask before you begin building:
Navatar Group to Present at Salesforce.com User Group New Jerseyby Alok Misra on 2nd December, 2009 |
Ketan Khandkar, Principal, Navatar Group, will be demonstrating a very exciting and important application, built on Force.com, at the next meeting of the Salesforce.com NJ User Group on Wednesday, December 2nd. The application was built using Force.com Sites and Customer Portal for the Department of Defense and Council On Accreditation Child Care Initiative.
Please join us to meet other Salesforce.com customers in the great State of New Jersey, network, to learn more about this important initiative as well as share your tips and best practices! Hope to see you there!
Date/Time: Wednesday, December 2, 2009 • 5:30 p.m. to 7:30 p.m.
Location: Princeton Overlook – Regus Business Center • 100 Overlook Center, 2nd Floor • Princeton Location Information
RSVP: njusergroup@gmail.com by Wednesday, November 25, 2009.
Agenda:
5:30 p.m. – Networking & Refreshments
6:15 p.m. – Introductions & Announcements
6:30 p.m. – Application Demo – Ketan Khandkar, Navatar Group
7:00 p.m. – New Salesforce.com Community Site Preview
Hope to see you there!
Buy Side Fundraising Suffering – Can Salesforce CRM Help?by Allan Siegert on 15th October, 2009 |
In the wake of news reports that Venture Capital fund raising had its lowest quarter since ‘03, you might be surprised that very sophisticated buy-side firms such as Hedge Funds, Venture Capital firms and Private Equity firms often rely on the must rudimentary, home made fund raising methods (see article: Only 17 venture capital firms raise money in Q3 — fewest in 15 years.) For example, many firms are still tracking their efforts in Excel or via notes in Outlook. It’s a very manual, time consuming and arduous way to track and manage their efforts.
Ironically, this is happening at a time when it has never been easier for a Venture firm to switch to better systems with almost no effort. The same browser they use to search for news and research can also be used for the industry’s most sophisticated CRM. No hardware needed other than the laptops they are now using and access to the Internet.
Whether they use our service built on the force.com platform or on top of salesforce.com or some of the other services out there, you have to wonder why, during this time of great stress they are still trying to make do with Excel and Outlook. If it is cost that is holding them back, you really have to wonder. We have priced our service at about the price of a couple of cups of coffee a day on Wall Street. On top of that, our Marketing Department is launching a “buy one get one free” promotion.
If you are in one of these financial firms and suffering from the funding drought – maybe it’s time to think about improving your pumping equipment?
Is Navatar’s Financial Services Cloud For Force.com Popular Because It’s Low Cost?by Alok Misra on 4th October, 2009 |
At least 5 people asked me that question in the last 2 weeks. These people are customers, competitors as well as our partners. Everyone has been surprised at our success in the Financial market with our Force.com based services (or products, as some would call them) to manage operations for Capital Markets and Asset Management firms. But then, they figured it makes sense since Navatar is offering the lowest cost option to those who have no money to spend these days.
Is it true then, that our Financial Services solutions for Force.com are popular because they’re low cost? Of course. Navatar’s solutions to manage CRM, Operations and Portfolio for these firms are probably the most cost effective alternatives. They deliver on the Cloud Computing promise – to lower costs and enable scalability as financial firms navigate the turbulent waters of today and prepare for the future. You can read about how Transparent Value, a Guggenheim Partners Company is achieving this, in the article, Asset Management Firm Moving Apps to the Cloud, written by Penny Crosman at Wall Street & Technology.
However, there is another important aspect to all of this. Around 60% of our financial customers bought from us since someone (another firm) recommended us. You would think the recommender probably said, “Yes, indeed, the cost is low and the product has all the features we need.” In reality, our recommenders endorse us for much more than that - they are happy to recommend us for the combination of product features and the service they receive from folks well versed in Financial Services. They like the idea of a one-stop-shop they can turn to, for anything related to running their operations efficiently. And it’s all baked into the cost of the service.
The service aspect really is the crux of the Cloud Computing model. A cloud service provider is a company that delivers cloud services as part of its business model. The public “Cloud” will be an abstract place through which service providers will deliver things like storage as a service, software as a service, or maybe even sushi as a service in Indiana one day. But the common link between all those things is, and ever shall be, the delivery of “service”. That quote is from an article Delivering Cloud Services: ISVs – Change or Die or both! written by Daryl Plummer at Gartner.
So, let’s ask the question again. Is it really the cost? My answer is that the big differentiator is the value that the Cloud Computing model enables us to provide. It makes us successful and it is exactly that value which will help our Financial Services customers take advantage of the new upcoming opportunities in this downturn.
Oracle Cloud Computing and the CFO’s Dilemmaby Alok Misra on 26th September, 2009 |
Mary Hayes Weier of InformationWeek poses some great questions about Oracle’s desired switch (according to a recent announcement) to subscription-based pricing, in her article Oracle Mulls Shift To Subscription-Based Pricing. “How is Oracle going to do subscription-based pricing, and is that going to require Oracle to invest heavily in a multi-tenant architecture,” Mary asks.
Let’s tackle the first part of the question. It is, indeed, a huge shift, moving to a subscription based pricing model. Oracle probably has a twofold objective – to protect the current customer base (probably a bit easier because these customers have already spent millions on software/consultants and are seemingly ‘locked’ in) as well as acquire new midmarket customers that haven’t yet had a taste of Oracle’s software. Can Oracle potentially repackage what customers would have paid into annual license and ongoing maintenance fees into a monthly subscription fee spread over the life of the contract, and protect current revenues as well as get new customers?
I don’t think so. When it comes to midmarket, vendors more grounded in the SaaS world (or the multi-tenancy experts) will surely come with lower priced options and Oracle will have a tough time competing. The answer would have to be lower revenue per customer. Which means that just to produce the same revenue numbers, Oracle will need to acquire more customers. More customers implies more salespeople, more infrastructure, more support, more (you fill in the blanks). In summary, that means incurring higher costs but getting the same revenue. Safra Catz will not like that.
Which brings me to the second part of Mary’s question – will Oracle need to invest heavily in a multi-tenant architecture to solve this? Absolutely. Multi-tenancy will be necessary to deliver cloud services and shift to subscription-based pricing, while protecting the bottom line at the same time. Yes, building and delivering that kind of architecture isn’t Oracle’s forte. But their industry and financial stature gives them so many interesting choices that it shouldn’t be that hard for them either. They could go and buy a company (and a platform) tomorrow. They could sell more database licenses to salesforce.com and then use Force.com as the platform to build and deliver multi-tenant versions of Oracle apps (Peter Coffee points out in his blog entry What the Cloud Entails how increasingly complex multi-tenant apps are being built in a faster timeframe on Force.com). Or they could hire the best cloud talent and build the multi-tenancy infrastructure themselves.
Did I miss any other options that Safra has? I’d love to hear your comments. Oh, and of course, here’s a (free) whitepaper (from yours truly) that may have a useful point or two about the pitfalls and benefits of the subscription-based pricing world:
Whitepaper: The Dos and Don’ts of the transition to Cloud Computing
Does The CIO Have a Role In The Cloud?by Alok Misra on 13th September, 2009 |
Jim Sinur from Gartner poses some very good questions about IT’s role in the Cloud world, in his blog entry The Secret is Out: The Business is Building Processes and Applications. The question is: Will IT continue to play an important role within their organization, when the business now has the option of getting their apps developed on platforms such as Force.com, without IT involvement?
Jim also poses more great questions, such as:
“As the business relies more heavily on these new infrastructures, will they be able to hold up to high scale? Will the business folks really want to take on the tasks to maintain these processes and applications? Who is going to build the integration components to glue these new processes apps together? Will the business folks build and IT be stuck with the results? How does one make sure there is not rampant duplication of processes and applications?”
Another good blog post Force.com – CiO’s dream or nightmare? by Ian Gotts (who heads Nimbus Partners) also outlines some important implications for a CIO, in the new cloud world order.
I do agree with Jim and Ian about the change that’s looming. CIOs need to do some serious thinking and figure out how they’d add value. It seems to me that there’s clearly an anchor role that needs to be played so that all of this comes together within an organization. Take the example of large banks such as Citi or JPMorgan Chase. Retail banking and investment banking are two disparate business functions within each bank and neither function really cares what the other is implementing technologically. But someone would have to figure out how to get these two functions (and others) within a bank to play together so the bank can benefit from a coherent cloud strategy. I also think that that someone would most logically be the CIO (although large Cloud Service Providers may compete for that role in future – outsourcers want that role but they’re unlikely candidates in my view).
Ian provides some very good pointers for the CIO. Another great post when it comes to pointers, is from Thomas Bittman (also, from Gartner) titled If You Build a Private Cloud, Will Anyone Come. “We’ve got to get our IT people to stop thinking about products and technologies and even architectures first, and instead to focus on understanding their service requirements first,” says Thomas. I completely agree. Thomas advocates making ROI decisions based on SLAs and costs for each service, before getting mired in architectures.
I think this is a big paradigm shift for a CIO. But then, aren’t CIOs smart people? If I can figure this out, so can they. What may be harder for a CIO, though, is to change their IT organization to become more service-focused and less obsessed with ownership. If a CIO can pull off that change, he/she will be in the drivers seat. Otherwise they will open opportunities for others.
Cloud Computing – Wipro & Oracle styleby Alok Misra on 2nd September, 2009 |
I just read the announcement from Wipro and Oracle about their Cloud platform for software companies in this article, Wipro Offers Cloud Computing Service, from Mary Hayes Weier of InformationWeek. According to the announcement, Wipro and Oracle are providing a service which will let software companies offer their existing applications as SaaS in a multitenant model. They claim they can move your apps into the Cloud at 50% of the cost.
Wipro is, undoubtedly, a very smart company. So is Oracle. And it definitely makes sense for two smart companies to generate some headlines. However, that’s all I see in this news item – no more. We only wish moving a software company and their customers to a SaaS model was that simple. I would understand if they were talking about providing manpower to maintain an app at 50% of the cost (that is the core business of Wipro – providing cheaper resources in India for tasks that are commoditized). We, at Navatar Group, live and breathe this every day (we help software companies move to Force.com, salesforce.com’s Platform-as-a-Service).
So what is the big issue, you may ask? The most important issue is that SaaS is more than just a technical platform. It is a business model to help you provide a “service”. A software company will die sooner if they move their existing software to a SaaS platform in this fashion. They will cannibalize their existing revenue, tick off their salespeople, lose their customers to startups and will be writing checks forever to meet daily customer demands.
Cloud Computing is a paradigm shift. A software company mustn’t jump into the SaaS model just because it’s cool and everyone else is doing it or even because it’s 50% cheaper now. They will probably survive a bit longer if they stick to their core competency – selling a “product” as opposed to providing a “service”.
To learn more about the issues faced by large software vendors like Thomson Reuters and CODA that have done this successfully, download this free whitepaper:
The Dos and Don’ts of the transition to Cloud Computing
Alok Misra
World’s first Online Event Registration system on Force.com Sitesby Shweta Kumar on 19th August, 2009 |
A couple of weeks ago we launched the first Online Event Registration product on Force.com Sites (view demo). After launching some pioneering Financial Service products for Private Equity, Hedge Funds, Mutual Funds, M&A and Capital Markets on the Force.com platform, this is yet another “first” from Navatar Group on Force.com sites. We were flooded with inquiries in the very first week. Everyone was very intrigued and interested, but also confused. I thought it would be worthwhile compiling some common questions that prospects have been asking.
Does the world really need another Online Event Registration system? Yes, the world needs an Online Event Registration system that is integrated with your salesforce CRM. Let me ask you this. Wouldn’t you want to track attendance in events, conferences, webinars or trainings, in your salesforce system? It would help you understand your customers and prospects for upselling, cross-selling or better service. Navatar’s Online Event Registration system built on Force.com Sites is completely integrated with salesforce.
Aren’t there other existing Event Registration systems that are already integrated with Salesforce? Sure, there are. The key difference is that Navatar’s Online Event Registration system runs on Salesforce.com’s cloud. In other words, it is completely native and is hosted on the Salesforce.com servers. You do not need any other hardware, software or integration solution. It is all done for you.
So how can the event registration system help me? Try to answer the questions listed below. If you find yourself answering yes to some of them, this system may be for you.
1 Publishing events: Do you want to, without IT’s involvement and with a few clicks, publish an event on your website, open it for registrations and then remove it after the event is over?
2 Event Marketing: Do you want to prepare a list of participants based on last year’s events attendees? Do you want to further filter this list to filter out email opt-outs? Do you want to drive email marketing campaigns to send out mass email invitations?
3 Multiple Sessions: Do you want to manage multi-session conferences? Do you want to allow participants to register for multiple sessions within an event?
4 Multiple Discount Types: Do you want to allow for various kinds of discounts based on the number of registrants, type of registrant, and type of registration- full/partial?
5 Multiple Payment Types: Do you want to give the registrant multiple payment options to choose from? Do you want to provide online credit card processing?
6 Registration Confirmation: Do you want to automatically send out acknowledgement mails confirming event registration?
7 Event Attendance: Do you want to track attendance and no-shows for the event?
8 Private Events: Do you want a mechanism to facilitate online registrations for a private event that won’t be posted on your website?
9 Event Analytics: Do you want to run analytics to gauge an event’s success? Do you want to generate a list of confirmed attendees to prepare a seating chart? Do you want to know how many different types of meals to order for an event? Do you want to know the names of registrants for each session of your event?
If you want to learn more about the product, you can view an online demo.
For further inquiries, you can reach our sales team at sales@navatargroup.com or 212 461 2140. You can also write to me directly at skumar@navatargroup.com.
Thinking of…offering a Cloud Solution? Ask the Smart Questions.by Alok Misra on 16th August, 2009 |
I recently reviewed a book titled “Thinking of …. offering a Cloud Solution? Ask the Smart Questions.” Great book, if you are looking to build a Cloud product on one of the platforms such as Force.com or Azure.
We find that an ISV usually realizes that moving to the Cloud isn’t optional, before they come to Navatar Group for help. The ISV doesn’t realize, however, that simply Cloud-enabling their On-Premise software won’t translate into a profitable business model. We recommend this book as a ‘must-read’ for every ISV so you can make an informed choice between selling a ‘product’ and providing a ‘service’, based on your customer needs and your ability to change. Answering the Smart Questions will provide a basis for a realistic cost benefit analysis as well as help you understand what will resonate with your customers and where you will need advice or partnerships.
You can buy the book at Amazon. The link is:
Thinking of … Offering a Cloud Solution? Ask the Smart Questions.
Force.com Tech Talk – Architecting Commercial Appsby Alok Misra on 27th July, 2009 |
Join salesforce.com and Navatar Group for the Force.com Tech Talk webinar, Architecting Commercial Applications on August 4th at 10AM PDT. This webinar will help you answer several critical questions, such as:
- Benefits of a native app
- Pure platform or extending SFDC
- salesforce editions that your product will support
- Force.com features that you will be using
- How to create a rapid prototype
- Benefits of Visualforce vs. Standard Page Layouts
- When to write Apex Triggers
- Reporting/analytics requirements
- Benefits of Sites and Customer Portal
- Incorporating Security Best Practices
- Maintaining your product
- Supporting your product
Learn from top Force.com experts Sati Hillyer, Force.com Evangelist, salesforce.com and Ketan Khandkar, Principal, Navatar Group. Also read the new article Architecting a Commercial App as well as Ten Common Mistakes Architects make when building a Force.com App.
Coding in the Cloud like Rexlo Joeby Alok Misra on 6th July, 2009 |
Who is Rexlo Joe? He is one of the top Cloud architects today, with some of the most complex salesforce Financial Services products under his belt. (Read the Success story of Rexlo Joe). He directs the Navatar Force.com team in New Delhi, India on all architecture issues.
How did he begin? By simply jumping in. Register for the Force.com Cloud Developer Challenge, happening now through July 31, 2009. By registering you will be able to submit your application for the challenge, and receive additional communications such as hints and tips.
Submit an application and you will receive a t-shirt (while supplies last) from salesforce.com. Impress us with innovation or creativity and you might be rewarded with an Apple MacBook Pro, iPod nano or touch. Who knows, you may also be on your way to becoming one of the top Cloud architects.
Go to the Force.com Cloud Developer Challenge to learn more.
Are you ready?
ISV in a Cloud – Change/Die/both!by Alok Misra on 22nd May, 2009 |
I recently came across a good posting from Daryl Plummer at Gartner titled Delivering Cloud Services: ISVs – Change or Die or both!. This article highlights the opportunity as well as issues related to an ISV (Independent Software Vendor) migrating to the cloud. It points out that “the vast majority of ISVs will have a very difficult time” taking advantage of the opportunity that a move to the cloud may offer them.
Why? According to the article, “It is not enough to just cloud-enable your software. You still have to deliver it as a service and that is simply not the business of most ISVs. So, you might have to change.” Further, “some software vendors will either change their business entirely, or go out of business if cloud computing becomes the mainstream norm for delivery of systems.”
We agree. We at Navatar have been helping several ISVs (large and small), that have an existing On-Premise business, “cloud-enable” their products on salesforce.com’s Force.com platform-as-a-service. We find that, not surprisingly, most ISVs are convinced that simply migrating their product to a cloud platform would turn them into a Cloud Service Provider (CSP) or a Software As A Service (SaaS) provider. Since they do not understand the change required to shift from a product-based to a service-based model, their Cost/Benefit analysis for the effort is often flawed. As a result, they are able to SaaS-enable their product, but they struggle to make money on it.
For more on this subject, download a whitepaper that we recently wrote, at http://navatargroup.com/WhitePaper.html. You will learn about the experiences of ISVs such as Thomson-Reuters and CODA as well as opinions from Deloitte Consulting experts. The whitepaper is free.
Alok Misra
Google Cloud vs. MS Officeby Alok Misra on 21st May, 2009 |
Will Google’s cloud-based email platform eventually kill MS office? We don’t know, but companies have surely started looking at Google’s platform more closely. Leena Rao of Techcrunch points out in her article at http://tcrn.ch/1rg that Google struck a partnership with Valeo, an automotive components manufacturer, to deploy Google Apps on the company’s entire global workforce of about 30,000 internet-using employees. We already know about Genentech adopting the Google Cloud platform for 20,000 users.
It will take some time before large companies start replacing MS Office. However as third parties create more commercial products in the Cloud that are tightly integrated with Google Gmail, docs, calendar etc, we may see more organizations considering the switch from Office to the Google platform. We will be testing the waters soon with Navatar’s Financial Services products for Force.com, taking advantage of the tight partnership between Google and salesforce.com.
Stay tuned!
Alok Misra
Don’t you need these guys to create Cloud Standards?by Allan Siegert on 4th May, 2009 |
We liked the way VentureWire said it – “noteworthy for who isn’t included…” The lead paragraph from their story is below and pretty much says it all.
Allan Siegert
Cloud Standards Effort Could Turn Into A Dustup
VentureWire, May 04, 2009
“A trade organization whose members include IBM Corp., Microsoft Corp. and a laundry list of other tech companies announced this week that it has formed a group to create standards for a way of accessing information over the Internet known as “cloud computing.” But the new effort is just as noteworthy for who isn’t included: Google Inc., Amazon.com Inc., Salesforce.com Inc. and other Internet companies….”
Volunteerforce!by Alok Misra on 29th April, 2009 |
It is very exciting to hear that salesforce.com has released Volunteerforce, for a company to manage their volunteering impact. Navatar’s association with nonprofits has been long and deep – complex salesforce implementations at nonprofits such as AARP, United Way, Girls Inc, Council On Accreditation, Points of Light Foundation, participation in the salesforce.com Foundation Power of Us program, as well as my own role on the Board of United Way in New Delhi and in India overall. Volunteerforce will be great for companies no doubt – it will also help nonprofits as more companies provide better mechanisms to help engage their employees in Volunteering activities.
Here’s the link to downloading Volunteerforce – it’s free
http://sites.force.com/appexchange/apex/listingDetail?listingId=a0N300000016cifEAA
Alok Misra
Private Clouds? Do you really need a Cloud of your own?by Alok Misra on 25th April, 2009 |
I recently read a few articles about what it takes to build your own Private Cloud. It sounds like a good challenge to undertake if you want to prove your credentials as an Enterprise Architect. However, if you are an ISV seriously considering a SaaS strategy to build a recurring revenue stream, lower costs, improve service or open new markets for your business, there may be more important issues to think about before you jump into building Private Clouds.
The most critical one, in my view, is of making the SaaS product profitable. You need to understand who will buy your product and why, what they will pay for it, what the costs of building, marketing, selling and servicing will be, etc. I can tell you, from first-hand experience (Navatar Group is a leading provider for Force.com products for the Financial sector), that it is easier to build a SaaS product, than it is to make money on one.
Why? Because SaaS customers expect more flexibility, adaptability and constant improvement – all at a lower price. Simply building a Private Cloud (or for that matter using someone else’s Cloud) and migrating your existing On-Premise product will not solve much. Before investing too much into Cloud development, it may worth spending some time to understand the cost of acquiring and servicing customers for your SaaS product.
For more on this subject, download a free whitepaper that I recently wrote, at http://navatargroup.com/WhitePaper.html
Alok Misra
Hedge Fund CRMby Allan Siegert on 21st April, 2009 |
NEW YORK, April 21, 2009 (GLOBE NEWSWIRE) — Navatar Group, a global salesforce.com partner in financial services, today announced several new customers, including KStone Partners, Kelvingrove Partners and Zebra Capital. The firms are using Navatar’s customized CRM for Hedge Funds, a cloud computing application to manage hedge fund and fund of funds operations. Navatar CRM for Hedge Funds is built and run entirely on the Force.com platform from salesforce.com and is available on the Force.com AppExchange. http://www.globenewswire.com/newsroom/news.html?d=163434
Cloudforce Londonby Allan Siegert on 11th April, 2009 |
It was at the same place the G-20 met but there were no protesters.
The attendance was massive and from some of the largest firms in Europe. Some estimates were 4,000 people. Discussions were lively! We’d tell you more but the true spirit of the event is well captured by the force.com blog – so we’ll point you there: http://blog.sforce.com.
Have a great weekend!
Navatar Slumdog Developer Contest Launch – Silicon Valley Developer Force Group – Wed, Mar 18, 2009by Ketan Khandkar on 17th March, 2009 |
I’d like to invite you to participate in the launch of the Navatar Slumdog Developer Contest at the Silicon Valley Developer Force User Group at Santa Clara on March 18th, 2009. The User Group event will have a quiz as part of the Navatar Slumdog Developer Contest with exciting prizes and I will be the moderator.
The user group is committed to learning all we can from each other on building apps on Force.com with its rich tools and technologies. This forum is for networking, questions and inquiries on the platform and technologies, and general interaction between members and interested parties. Please come and contribute to our/your success!
When
Wednesday: March 18, 2009?
Time: 10 – 12pm PST
Don’t worry if you miss the launch at the User Group event, though – you will still be able to participate in the contest by registering at http://www.navatargroup.com/slumdogcontest.html.
Look forward to seeing you in Santa Clara!
Ketan Khandkar.
Who
Developers, Power Admins, IT
Where
2700 Mission College Boulevard
Santa Clara CA 95054
408.988.1500
Speakers
Ron Hess & Mike Kreaden: Sr. Force.com Platform Evangelists
Ketan Khandkar (me), Principal, Navatar Group
Agenda (Subject to change)
10:00 am: Sign in, Reception & Networking
10:15 am: Force.com Apex code & Visualforce with Spring ‘09 platform updates & Demos
11:00 am: Short break/Networking
11:15 am: Slumdog developer contest launch (Navatar Group, sponsor of UG meeting)
11:45 am: Prize Giveaways
Are you ready for the Navatar Slumdog Developer Contest!by Ketan Khandkar on 17th March, 2009 |
Welcome to the Navatar Slumdog Developer Contest for Cloud Developers, happening now through April 30, 2009. Anybody can participate, starting today. We want to see how far you can take the Force.com platform, and the new Force.com Sites in particular. We’ll be handing out iPod nanos and iPod touches for interesting applications that show innovation or creativity.
Simply register to participate and learn more. There aren’t many rules to hinder your creativity. After the contest, we will give away iPod Nanos and iPod Touches to the five most exciting submissions. In addition, if your submission is one of the five selected, you will also have an opportunity to have your resume considered for joining the exciting and fast-growing Navatar team in the United States or in India. Sound interesting?
Why is it a slumdog contest? Because at Navatar we are doing some of the most exciting things happening today in the Cloud Computing world with Force.com, even though most of us came from humble beginnings. For instance, read the success story of Rexlo Joe who came from a remote village of Tamil Nadu, India a few years ago to become a top Cloud Computing Architect on Wall Street (read Rexlo Joe’s success story). With the Navatar Slumdog Developer Contest, we want to recognize and highlight your talent and your work.
Launch of the Navatar Slumdog Developer Contest
We also invite you to participate in the launch at the Silicon Valley Developer Force User Group at Santa Clara on March 18th, 2009. The User Group event will have a quiz as part of the Navatar Slumdog Developer Contest with exciting prizes. Don’t worry if you miss the launch at the User Group events, though – you will still be able to participate in the contest by registering at http://www.navatargroup.com/slumdogcontest.html.
Have questions or suggestions? We’d love to hear from you.
The Navatar team.