nGenera – ITSinsider

I try carefully not to post too much about nGenera on this blog, as its focus is centered more generically on trends in Enterprise 2.0. It occurred to me as we’re pulling together the Office 2.0 agenda, that the nGenera story is one which hopeful SaaS enthusiasts can look to for guidance and real world benchmarking.

nGenera is 100% SaaS. The company was designed to deliver on the promise of “on demand” computing. With well over 300 employees now on three continents, we manage all our operations on a SaaS basis. The image to the left sits on our internal collaboration hub where all employees have one-click access to all the SaaS applications that run our company. Intacct, in fact, just issued a press release featuring our use of its Intacct Plus offering. We also use SaaS apps for collaboration, all our talent management (hiring, compensation, payroll, learning) and research projects.

We’ve done a good job integrating Salesforce.com, Intacct, and Open Air so our execs can make “on demand” decisions will real data. After only a year or so, with a run-rate close to $100M and profitability on the horizon*, we’re probably one of the better case studies out there for SaaS-as-a-Successstory.

So while some may declare the SaaS model bankrupt, as Lawson’s CEO recently did in this interview, we’ll continue to run our business on demand, and offer SaaS-based solutions to our customers. Our CEO is somewhat passionate on this topic and spoke recently at the AlwaysOn Summit at Stanford. You can watch the video here.

*“But nGenera has made a great deal of progress in a short period of time, has a great customer base to leverage and grow, and top notch senior management and investors to guide it. We believe that the company’s journey thus far has netted it a revenue run-rate approaching $100 million and could be cash flow positive by year end as the Talisma integration is completed.” (source: JMK Securities, July 2008.)

BSG Alliance, my employer, changed its name to nGenera (en-gen-ER-a) this week. I really like the new name and logo. Because we’ve grown so fast (acquiring 5 companies in less than a year), it was important to mash-up all the humans under one single identity and brand.

I’m sure someone in my company will correct me if I’m wrong, but I think it was my idea to center on this meme we call “Next Generation Enterprises.” We kicked around a lot of strategic messaging ideas in the early days and this one stuck. Everyone and their half-brother is now moving into the space we scoped out about a year ago. Of course, we are ahead of the game and have a strong revenue story, so we can be smug for about 5 seconds.

The nGen meme comes to us by way of our in-house guru, Don Tapscott. Most readers of my blog should have already seen Don’s talk this year at one conference or another. I’m incredibly proud to be associated with the think-tankers up at Don’s research organization in Toronto. If you aren’t feeding the Wikinomics blog, today’s the day to start. Terrific bits of brilliance on the 2.0 scene come out of there on a daily basis.

We also have a deep and wide reservoir of expertise in the Talent arena with voices such as Tammy Erickson who is blogging on Harvard Business Online. One of the areas where we excel is pegging trends in the demographics of the workplace. Don refers to the cohort of kids who’ve grown up digital as N-Gens. In Don’s talk, he tells a story about how he thought his son was a prodigy when he was young, but soon realized all his son’s friends were prodigies too. They’re born digitally wired.

So it’s this particular slice of our nGenera story I want to focus on in this post– how different the “youngsters” are from us. This weekend I took my son and his friends to see “Shine a Light” the Martin Scorsese concert film of the Rolling Stones. I kid myself that just because I share an appreciation for 70s bands with my son, I’m cooler than my parents. I’m so not cool in his eyes at all.

I already blogged a while ago about how my son is a guild master on World of Warcraft, but the latest development came this year when his 6th grade teacher asked the class to take a keyboarding speed test. I remember taking typing in high school. A passing grade was 40 wpm, and it was tough for most of my peers to pass that test. My son Alex types 118 wpm with one error. He’s 11.

In the past month, Alex figured out how to use iMovie. He is now the neighborhood film director/producer/publisher. I am arranging for tutoring lessons so he can learn Final Cut from an nGenera GenY who works in our office. Like Don’s son, my son seems like a prodigy to me, but he’s just a normal nGen kid. He lives online. T.V. is a background noise if it’s on at all. He goes to school with his iPod, txts his friends with his phone, and IMs from his MySpace page most of the night, while surfing YouTube for skating videos.

Is Enterprise ready for my son and his friends? No. That’s my mission for nGenera: To make work like play so you can make more money doing what you do.

I’ll leave you with one of Alex’s videos. Taking a page out of Debbie Weil’s comment handbook, feel free to leave a comment for Alex. “No need to say you know me.” 😉

What is your nGen story?

Tag: nGenera

Already there: 100% SaaS