While a lot of buzz has been generated about some Google-Salesforce announcement including speculations on Google acquiring Salesforce (and dismissals), the important news of the day seems to have been missed – IBM made a significant investment and acquired equity in Kingdee one of the local ERP vendors in China with global ambitions. Under the […]
KingDee
Organic growth story is now just a story
Organic growth works for human beings and cows. Not so well for large enterprise software companies. After beating up on its competitor for pursuing an acquisition-led growth strategy, SAP failed to meet its numbers this quarter. Message to Waldorf, Germany- let’s leave organic to California’s Yoga-loving Hybrid-driving meditation-praciticing vegans. For growth, you need to eat […]
Ever heard of UFIDA, KingDee, Tally?
Well, you may never have heard of these enterprise software vendors but they are the giants from China and India. KingDee and UFIDA are #1 and #3 vendors in China and Tally is the top local vendor in India. Gartner recently predicted that a large vendor will emerge from China and India over the next […]