jive software inc (JIVE) Details
Jive Software, Inc. provides a social business software platform to businesses, government agencies, and other enterprises. Its Jive Engage Platform enables collaboration across two principal communities and employees within the enterprise, and customers and partners outside the enterprise. The company’s Jive Engage Platform is used as a communications tool and collaborative workspace that supports and enhances knowledge sharing, facilitates communication within and across organizational boundaries, and enables individuals to work together to achieve common business goals. Its platform allows customers and partners of the enterprise to connect socially with one another, as well as with the enterprise, in a structured online community that enables users to ask questions, post answers, and communicate about a product or particular issue. The company’s solution also taps into the social Web by integrating relevant content and connections across the social networking landscape, enabling enterprises to enhance their interactions with customers, leverage feedback to deliver improved products and services, and respond quickly to market opportunities. In addition, it provides Jive What Matters, a user interface to track, consume, manage, and filter critical business information, communications, and actions; Jive Apps Market, a secure market of business applications that are integrated to and accessed from within the Jive Engage Platform; and professional, support, and training services. The company sells its products and solutions through direct sales organization, resellers, outsourcing vendors, and system integrators. It serves customers in various industries, including consulting services, education, financial services, healthcare, life sciences, manufacturing, retail, telecommunications, and technology in the United States, South America, and Europe. Jive Software, Inc. was founded in 2001 and is headquartered in Palo Alto, California.
Last Reported Date: 05/1/13
Founded in 2001
jive software inc (JIVE) Top Compensated Officers
Chairman and Chief Executive Officer
Total Annual Compensation: $300.0K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $230.0K
President of Worldwide Field Operations
Total Annual Compensation: $217.3K
Senior Vice President of Engineering
Total Annual Compensation: $210.0K
Senior Vice President of Worldwide Sales
Total Annual Compensation: $225.0K
Compensation as of Fiscal Year 2012.
Jive Software, Inc. Announces the Availability of Jive StreamOnce
May 16 13
Jive Software, Inc. announced the availability of Jive StreamOnce, a new platform that allows people to seamlessly bring together all their business applications - such as email, CRM systems, conversation streams, marketing productivity tools, document storage and data storage systems -- into Jive. Jive is offering this new integrated technology through the acquisition of San Jose-based StreamOnce, which helps to accelerate the transition from antiquated email systems and collaboration tools to a modern social business platform, allowing knowledge workers to collaborate in context and connected to all relevant systems in one seamless experience. Jive StreamOnce allows people to use one, consolidated communications hub for all their collaboration needs -- eliminating the need to work and manage multiple systems such as email or collaborate blindly without having the relevant context from key business applications. With one place to work inside Jive, people now have a simple and seamless way to collaborate with colleagues in a unified environment. Jive StreamOnce currently integrates with Gmail, Microsoft Exchange and DropBox. In the coming months, the platform will also give customers seamless access to other business apps from within Jive, including systems like Oracle, NetSuite, Salesforce's CRM system, SAP, Sugar CRM and web information through Jive Anywhere. Jive StreamOnce is available immediately as part of the Jive Spring cloud release. These integrations join a long set of integrations provided by Jive such as SharePoint, Box and Chatter. The company talso announced the new Jive Referral Program for Microsoft SharePoint partners, which allows Microsoft solution providers to connect Jive with SharePoint systems, amplifying the value of existing customer SharePoint deployments and unlocking vast amounts of enterprise data and workflows through the industry's most robust collaboration technology. More information about the Jive Referral Program can be found here.
Robert Yue to Join Jive Software, Inc. as Vice President of Asia Pacific
May 14 13
Jive Software, Inc. announced Robert Yue will join the company as vice president of Asia Pacific (APAC). Yue's appointment further strengthens Jive's presence in the region as more companies in Australia and Asia recognize the value social business delivers to organizations, including the ability to increase productivity by up to 15%. Yue will be based in Jive's newly opened Sydney office and will work closely with the growing APAC team in Melbourne, Singapore, Hong Kong, Tokyo and greater Asia as it expands its reach in the territory. Current APAC companies who use Jive to help transform their business include Ace Insurance, Commonwealth Bank, CSC Australia, PwC Australia and REA Group. Yue comes to Jive with over 20 years of experience in the enterprise software space. Most recently, Yue was with SAP, where he was vice president and managing director for SuccessFactors in Australia and New Zealand.
Jive Software, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013; Provides Earnings Guidance for the Second Quarter and Full Year of 2013
Apr 30 13
Jive Software, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, total revenue was $33,852,000 compared to $25,318,000 a year ago. Loss from operations $16,615,000 compared to $8,806,000 a year ago. Loss before benefit from income taxes was $16,625,000 compared to $8,925,000 a year ago. Net loss was $16,601,000 or $0.25 basic and diluted per share compared to $8,949,000 or $0.15 basic and diluted per share a year ago. Net cash provided by operating activities was $5,823,000 compared to $2,052,000 a year ago. Payments for purchase of property and equipment was $2,863,000 compared to $3,401,000 a year ago. Non-GAAP loss from operations was $9,594,000 compared to $5,096,000 a year ago. Non-GAAP loss before provision for income taxes was $9,604,000 compared to $5,215,000 a year ago. Non-GAAP net loss was $9,580,000 or $0.15 basic and diluted per share compared to $5,239,000 or $0.09 basic and diluted per share a year ago. The company invested $2.8 million in capital expenditures, which led to a free cash flow of $3 million for the first quarter. Free cash flow was a negative $1.3 million in the first quarter of 2012. Total deferred revenue was $121.4 million at the end of the first quarter, up $40.7 million from first quarter of 2012 and up $4.4 million sequentially.
The company provided earnings guidance for the second quarter and full year 2013. For the second quarter 2013, total revenue is expected to be in the range of $34.5 million to $35.5 million. Non-GAAP loss from operations is expected to be in the range of $10.0 million to $11.0 million. Non-GAAP loss per share is expected to be in the range of $0.16 to $0.18 based on approximately 65.9 million weighted-average diluted shares outstanding. On a directional basis, the company expects its services revenue run rate to be flat to slightly up sequentially for the second quarter.
For the full year, total revenue is expected to be in the range of $148.0 million to $153.0 million. Non-GAAP loss from operations is expected to be in the range of $34.5 million to $38.5 million. Non-GAAP loss per share is expected to be in the range of $0.55 to $0.62 based on approximately 66.2 million weighted-average diluted shares outstanding. Free cash flow is expected to be in the range of $0 million to $3.0 million.