What must-bring gear should you pack on your next business trip? We asked a few hard-working road warriors that very question. Here's a look inside their travel bags.
What must-bring gear should you pack on your next business trip? We wanted to find out, so we asked a few hard-working road warriors to snap a photo of what's inside their travel bags. Click on to see what they won't leave home without.
This week’s featured event was hosted by Coupa and Forrester Research with an appearance by Coupa customer Adidas Latin America. The main topic was deciding when it makes sense to purchase a specialized/dedicated solution v. leveraging the ‘free’ capabilities of an in-place ERP system.
Rob Bernshteyn, the CEO of e-procurement company Coupa, carries a MacBook Pro at all times when hitting the road. On the right, that's an original T-Mobile Droid phone and a Plantronics headset for Skype calls; on the left, an Itronics adapter for international power outlets, along with a USB drive. He also carries cans of Red Bull, packs of seaweed, and a boatload of business cards.
Security, reliability hinder enterprise cloud adoption, but not startups.
Coupa, a 2006 startup that helps more than 200 customer companies manage purchasing and procurement, doesn't own any IT infrastructure -- it is run completely from the Amazon Web Service cloud.
Business applications don't get much more mission-critical than a company's entire operations, and Sanket Naik, who leads Coupa's cloud strategy, isn't worried about being all-in with AWS, with backup capacity in other clouds, such as Rackspace. "I know there are a lot of issues and questions around the cloud, especially about security, but I think some people are just resistant to change" if they haven't yet embraced cloud, he says. Naik is completely comfortable keeping his entire business in the cloud -- that's the way the company has always been.
Some companies are like trees. They seed the world with executives that run the next crop of startups. So it is with SuccessFactors.
Before SAP bought SuccessFactors for $3.4 billion last year, the company made millionaires out of a lot of employees by going public in 2007.
SuccessFactors alums are now working at some 13 up-and-coming companies including Lithium, ServiceMax, Pandora, Coupa, Okta, Saba, Responsys, Keas, Crowdfactory, Marketo, Castlight, Bizo and Workday. Check out the SuccessFactors startup tree in a super cool infographic published by AllThiingsD.
Netherlands-based Sprout Magazine includes Rob in its "Heroes of Silicon Valley" section, which introduces readers to successful companies and people in the U.S. The piece, written in Dutch, details how Rob has led Coupa to accelerated growth. In the story, Rob shares his perspective on what defines a good CEO, his initial changes when first onboard as Coupa CEO, recruiting the best talent, why Coupa is 100%-cloud based, and the financial successes of the company.
For those that read Dutch, here’s the full story:
There’s more good stuff from my US colleagues here around the SAP / Ariba deal. Jason Busch points out that it’s not a done deal yet – it’s not impossible that someone else (Oracle?) might come in and trump SAP’s offer, although the almost 10x sales valuation makes that fairly unlikely.
IDG News Service - SAP is buying cloud-based e-commerce vendor Ariba for US$4.3 billion, the companies announced Tuesday.
Ariba's platform focuses on business-to-business commerce transactions. It makes a natural fit with SAP's "broad customer base and deep business process expertise," SAP said in a statement.
Last week, Coupa, P2P technology mavericks, announced they’d obtained $22 million in new investor funding to support further expansion. Jason at Spend Matters US wrote about it here, outlining how Coupa are likely to use the money, and highlighting some of the reasons for their success and rapid growth in recent years. He sees the fund-raising as positive for Coupa clients – notwithstanding some IP / patent issues they’ve got (more to come on that) – and he says “perhaps most important, the (funding) round should provide Coupa with the ability to more aggressively build out its functional footprint”.
Coupa Software, a software-as-a-service developer that helps businesses make smart decisions about how they spend their own money, said it has raised $22 million in its Series E funding round. Crosslink Capital led the round, joined by earlier investors Battery Ventures,
BlueRun Ventures, El Dorado Ventures and Mohr Davidow Ventures. Founded in 2006, Coupa has been regarded widely as a “Mint.com for businesses.”