Salesforce.com's New Database Venture Featured as One of ''The Next Disruptors''--11 Innovations That Could Reorder Entire Industries--in October Issue of Business 2.0.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Business 2.0: --"Salesforce.com 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. Marc Benioff Marc Benioff (b. 1964) is Chairman & CEO of Salesforce.com, a leading CRM company he founded in March 1999. Born Marc Russell Benioff on September 25, 1964 in San Francisco, California USA. : "We will destroy Oracle and SAP because they won't be able to respond to the innovation we are about to unleash." --Disruptive technologies profiled in Business 2.0 include a ceramic power source for electric cars, a satellite-based device to combat traffic congestion The condition of a network when there is not enough bandwidth to support the current traffic load. congestion - When the offered load of a data communication path exceeds the capacity. , and a database application threatening to shake up the enterprise software market, among others. Thanks to the Web and the sheer speed of technological innovation, there has rarely been a better time for the creation of disruptors. In its October cover story, "The Next Disruptors," Business 2.0, sparked by some of history's greatest disruptive technologies--such as the telephone and the Internet--explores technologies, bubbling below the surface today, that are likely to erupt with such seismic force that they'll reshape our world. The magazine features 11 businesses with the potential to become tomorrow's disruptors. They include a company working on a radically new way to power electric cars, an engineer who wants to fight the multibillion-dollar scourge of traffic congestion, and even would-be repeat disruptors like Marc Benioff, whose Salesforce.com is about to unleash a new assault--reported for the first time--on the enterprise software market it has already transformed by pioneering the sale of applications over the Web. "We will destroy Oracle and SAP because they won't be able to respond to the innovation we are about to unleash," Benioff says. Benioff has already built Salesforce.com into the world's most successful Web-based customer-relationship management software, which currently boasts 25,000 customers and more than half a million individual subscribers, the magazine writes. Benioff has launched a service called AppExchange as a way to attract software developers to build their own Web-based enterprise applications atop Salesforce.com's infrastructure. However, the types of applications that can be built and fully hosted on AppExchange today are still no match for traditional enterprise software built on an Oracle or Microsoft database. With AppExchange 2.0, which Benioff plans to unveil in October, Salesforce.com's engineers have enabled AppExchange to host both the data and the logic. "We are going to show you why you don't need to buy a database," Benioff vows. AppExchange, he explains, will be the database and the tools all rolled into one Adj. 1. rolled into one - made up of several components combined into a single entity combined - made or joined or united into one , and will go a long way toward becoming a fully formed Web operating system (1) An operating system that runs in a server on the Web. (2) The environment created in a user's machine from an online application stored on the Web and run through a Web browser. . Other companies and technologies that are featured in "The Next Disruptors," in the October issue of Business 2.0 (on newsstands Monday, Sept. 25), include: --THE DISRUPTOR: EESTOR THE INNOVATION: A ceramic power source for electric cars that could blow away the combustion engine THE DISRUPTED: Oil companies and carmakers that don't climb aboard EEStor, a stealth company in Cedar Park, Texas Cedar Park is a city in Williamson County, Texas, United States. A small portion of the city also sits in Travis County, Texas. From a population of 5,161 in 1990, Cedar Park grew to a population of 26,049 at the 2000 census. , is working on an "energy storage" device that could finally give the internal combustion engine Internal combustion engine A prime mover, the fuel for which is burned within the engine, as contrasted to a steam engine, for example, in which fuel is burned in a separate furnace. a run for its money--and begin saving us from our oil addiction. "To call it a battery discredits it," says Ian Clifford, the CEO of Toronto-based electric car company Feel Good Cars, which plans to incorporate EEStor's technology in vehicles by 2008. If it works as it's supposed to, it will charge up in five minutes and provide enough energy to drive 500 miles on about $9 worth of electricity. At today's gas prices, covering that distance can cost $60 or more; the EEStor device would power a car for the equivalent of about 45 cents a gallon. EEStor is tight-lipped tight·lipped also tight-lipped adj. 1. Having the lips pressed together. 2. Loath to speak; close-mouthed. See Synonyms at silent. about its device and how it manages to pack such a punch. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a patent issued in April, the device is made of a ceramic powder coated with aluminum oxide aluminum oxide: see alumina. and glass. A bank of these ceramic batteries could be used at "electrical energy stations" where people on the road could charge up. --THE DISRUPTOR: APPLIED LOCATION THE INNOVATION: A satellite-based system for toll collection, traffic congestion management, and pay-as-you-drive insurance THE DISRUPTED: Traffic congestion, toll collectors, parking meters, and RFID-based systems like E-ZPass Traffic congestion sucks an estimated $63 billion a year out of the U.S. economy in the form of wasted fuel and time stuck in traffic. Bern Grush, the founder of Toronto-based Applied Location, thinks his system, called Skymeter, could open up all sorts of new possibilities--from congestion management and meterless parking to pay-as-you-drive insurance. Grush is still almost a year away from a finished product, but he has $250,000 in seed money from family and a government grant, and traffic directors from Toronto to London have expressed interest in testing Skymeter as soon as it's ready. --THE DISRUPTOR: CLEARWIRE THE INNOVATION: National Wi-Max broadband wireless See wireless broadband. service THE DISRUPTED: Telecom and cable companies Clearwire's initial goal is to create a nationwide broadband wireless network based on Wi-Max, a more powerful relative of Wi-Fi technology. Because Wi-Max infrastructure is much cheaper to build and maintain than traditional networks, some analysts think Clearwire will be able to seriously undercut the broadband prices of Comcast, Verizon, and their ilk. But the threat posed by founder Craig McCaw's strategy could be much greater than just price pressure. Clearwire's approach could put in jeopardy the billions of dollars that telecoms and cable operators are pouring into upgrading their existing broadband networks You can assist by [ editing it] now. . --THE DISRUPTOR: ZOPA ZOPA Zone of Possible Agreement ZOPA Zinc Oxide Producers Association ZOPA Zone of Potential Agreement ZOPA Zimbabwe Organic Producers Association THE INNOVATION: Peer-to-peer lending THE DISRUPTED: Traditional banks Any industry making a huge profit margin off its customers is a good candidate for disruption. Zopa was the first company to introduce peer-to-peer lending in the United Kingdom 18 months ago and is about to launch in America. People join Zopa online as either borrowers or lenders. The lenders proffer To offer or tender, as, the production of a document and offer of the same in evidence. proffer v. to offer evidence in a trial. money not to individuals but to a pool of people grouped together because of similar creditworthiness Creditworthiness The condition in which the risk of default on a debt obligation by that entity is deemed low. Creditworthiness Eligibility of an individual or firm to borrow money. . Zopa assesses the credit risk of the borrowers, pools the capital, and matches consumers who need money with consumers who want to lend it. Since Zopa is not technically a bank and doesn't lend money itself, the capital requirements Capital requirements Financing required for the operation of a business, composed of long-term and working capital plus fixed assets. to run the business are relatively small. The average interest rate on a Zopa loan is 7 percent. Zopa takes a 1 percent fee, split between the borrower and the lender. About 90,000 people have signed up, and more than $100,000 is lent every day (totaling more than $10 million so far). And only 0.05 percent of Zopa's loans have turned into uncollectible debts. For the full text of "The Next Disruptors" and a video of Business 2.0's Erick Schonfeld discussing some of the featured technologies, log on to www.Business2.com. Additional content will be posted online throughout the month of October. |
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