Adaptive Planning CEO William A. Soward Scheduled to Present At Open Source Business Conference.Chief Executive Will Speak on Convergence Of Open Source and Software as a Service Business Models MOUNTAIN VIEW, Calif. -- Adaptive Planning, the leader in collaborative business performance management (BPM (Business Process Management) A structured approach that models an enterprise's human and machine tasks and the interactions between them as processes. BPM software provides users with a dashboard interface that offers a high-level view of the operation that typically ) solutions, today announced that William A. Soward, the company's chief executive officer, will speak on the convergence of open source software (OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. ) and software as a service (SaaS) at the Open Source Business Conference (OSBC OSBC Open Source Business Conference OSBC One Stop Business Center ). Soward will discuss how companies can successfully leverage the two most powerful forces in enterprise software when he speaks at 10:30 a.m. on Tuesday, May 22 at the OSBC Conference held at the Palace Hotel in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CA. While OSS and SaaS have historically been seen as separate, parallel trends, they are now converging con·verge v. con·verged, con·verg·ing, con·verg·es v.intr. 1. a. To tend toward or approach an intersecting point: lines that converge. b. into a single, powerful "OSS + SaaS" model that is poised to become a primary business model for many enterprise software companies. Soward will not only discuss broad industry trends, but also share Adaptive Planning's experience in extending its SaaS strategy with a successful open source initiative. In his presentation, Soward will review how the powerful "OSS + SaaS" model enables software companies to: * Scale rapidly * Use capital efficiently * Deliver high-quality, disruptively dis·rup·tive adj. Relating to, causing, or produced by disruption. dis·rup  tive·ly adv. low cost solutions to
customers
* Create a valuable franchise, with customer lifetime value that significantly exceeds marginal customer acquisition cost Soward is a frequent speaker on software strategies and business models, focusing on software as a service, open source software, and the business performance management market. He is a seasoned high-tech executive with a strong record of building and growing successful businesses. Prior to his tenure at Adaptive Planning Soward was an Executive in Residence at Accel Partners. He joined Accel from S1 Corporation where he was a member of S1's executive team and general manager of FRS FRS abbr. Fellow of the Royal Society FRS, n “flexed rotated side-bent,” an osteopathic abbreviation used to describe vertebral position in cases of spinal dysfunction. , which he transformed into the company's most successful business unit. Soward also helped spearhead the build out of S1's European operations and served as the interim CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of both S1 Europe and S1's Edify ed·i·fy tr.v. ed·i·fied, ed·i·fy·ing, ed·i·fies To instruct especially so as to encourage intellectual, moral, or spiritual improvement. business unit. The Open Source Business Conference is the industry's only forum for senior business leaders, C-level technical strategists, lawyers and venture capitalists Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. to collaborate on emerging business models, strategies and profitability for open source software use. OSBC will provide content-rich sessions from well-known thought leaders and industry executives on how open source technology is being used and to investigate the business implications of this technology. During OSBC, Adaptive Planning will also be demonstrating its products from its display in Booth #7. For more information about Adaptive Planning, including the opportunity to test drive the company's budgeting, forecasting, and reporting solutions for free, visit www.adaptiveplanning.com. About Adaptive Planning Adaptive Planning is the leading provider of collaborative business performance management (BPM) solutions. Adaptive Planning makes it easy for midsize companies and departments of larger corporations to move beyond spreadsheets and improve decisions by automating their budgeting, forecasting, reporting and analysis. Adaptive Planning provides extraordinary flexibility and value, with on-demand and on-site solutions, open source and commercial licensing terms, and pricing--including a free version of the product--that delivers a total cost of ownership that is a fraction of the cost of traditional BPM and business intelligence software. Adaptive Planning is headquartered in Mountain View, Calif. and can be reached at 650-528-7500 or www.adaptiveplanning.com. |
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