If cloud computing is a leading sector in the tech, then the chart for Salesforce.com is a sign that the tech industry is breaking down. And by extension, entreprise spending is tightening in 2012. From the Ichimoku Daily Chart, we can see that CRM as far as back as November in 2011 when it pierce… Continue reading $CRM . Salesforce breaking down.
MSPmentor has a writeup on how companies within the ‘Software As A Service’ is doing. http://www.mspmentor.net/2009/04/18/saas-stocks-continue-weekly-winning-streak/ Among their coverage, winners include RightNow Technologies (RNOW) which I have covered recently. They also has a ‘SaaS 20 Stock Index‘. Not all companies in the index derives their revenue exclusively with the ‘software subscription’ model. For example, Google… Continue reading SaaS Stocks Continue Winning Streak
In the previous post on RightNow Technologies (RNOW), I reported that they have secured a US Army Training contract. With the contract, they are now offering secure hosting for thier hosted apps to meet the requirements of the Department of Defence (and any other agencies that has such requirements). RightNow Technologies, a developer of customer… Continue reading RNOW : Adds Secure Hosting