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Customer Strategy Platforms, New App Versions, Company Partnerships, and Infringement Settlement Claims - Analyst Notes on Salesforce, Splunk, BroadSoft, Open Text, and Benefitfocus

Editor Note: For more information about this release, please scroll to bottom.

NEW YORK, April 7, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Salesforce.com (NYSE: CRM),

Splunk Inc. (NASDAQ: SPLK), BroadSoft, Inc. (NASDAQ: BSFT), Open Text Corp. (NASDAQ: OTEX), and Benefitfocus, Inc. (NASDAQ: BNFT). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

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Salesforce.com Analyst Notes 

On April 2, 2014, Salesforce.com (Salesforce) announced its new industries strategy called Salesforce1 customer platform to address the challenges of each sector the Company's Business Unit is managing, which is expected to accelerate the Company's growth and transform the way companies across key industries connect with their customers. According to Salesforce, the platform will focus on delivering innovative solutions for six industries namely Financial/Insurance, Health Care/Life Sciences, Retail/Consumer Products, Communications/Media, Public Sector, and Automotive/Manufacturing. The platform's core service is to engage each customer towards the industry, which might lead to increased traffic. In return, companies can rapidly implement new solutions and get the information disseminated quickly. Keith Block, President and Vice Chairman, Salesforce, said, "As we look to grow to $10 billion and beyond, our new industries strategy is a huge opportunity for salesforce.com to expand our footprint within existing customers and reach new enterprise customers. Companies across all industries are turning to salesforce.com to help them transform their business models and connect with their customers in new ways." The full analyst notes on Salesforce.com will be available to download free of charge at:

http://www.AnalystsReview.com/04072014/URI/report.pdf

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Splunk Inc. Analyst Notes 

On March 31, 2014, Splunk Inc. (Splunk) announced the new version of Splunk App for Microsoft Exchange. The latest version 3.0 Splunk App, combined with Splunk Enterprise, provides real-time visibility into the health of the Microsoft Exchange environment including message delivery components and the supporting IT infrastructure. According to the Company, the features include packaged correlation and operation dashboards, dashboard builder, messaging tracking, client behaviour monitoring and capacity planning, and end-to-end visibility. Leena Joshi, Senior Director, Infrastructure Operations Marketing, Splunk, said, "The new version of the Splunk App for Microsoft Exchange includes pre-built correlations between Microsoft Exchange data and data from supporting infrastructure, specifically Windows OS and Microsoft Active Directory. This delivers the most accurate picture of email service health, performance, and security and user experience across the messaging infrastructure." Version 3.0 of the Splunk App will be available on April 15, 2014. The full analyst notes on Splunk Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04072014/SPLK/report.pdf

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BroadSoft, Inc. Analyst Notes 

On March 31, 2014, BroadSoft, Inc. (BroadSoft) announced that it has partnered with Telecom Italia to provide the communication service of its Nuvola It Comunicazione Integrata service, an integrated voice, data, and applications offer. In return, Telecom Italia will leverage the Company's BroadWorks and BroadCloud platforms, enabling enterprises to access communication channels across a variety of mobile devices with their branded version of BroadSoft's BroadTouch Business Communicator. According to the Company, these strategic move empowers Italian business and can increase employee productivity, simplify deployment and management of UC services, as well as reduce communications cost. The full analyst notes on BroadSoft, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04072014/BSFT/report.pdf

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Open Text Corp. Analyst Notes 

On March 31, 2014, Open Text Corp. (Open Text) issued a press release seeking infringement damages from Box, Inc., (Box) exceeding $268 million in the patent infringement lawsuit, as well as interest, damages for wilful infringement, and attorney fees. According to the Company, it filed a patent infringement suit on June 5, 2013 that Box infringed 200 claims across 12 patents in 3 different patent families. The complaint seeks preliminary and permanent injunctions as to Box products, as well as past and future damages. On March 26, 2014, Box demanded from the Company to provide the amount of its claimed damages. Box offered no defense to infringement of the Company's patents. A case management conference is scheduled to occur on April 10, 2014. The full analyst notes on Open Text Corp. are available to download free of charge at:

http://www.AnalystsReview.com/04072014/OTEX/report.pdf

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Benefitfocus, Inc. Analyst Notes 

On March 27, 2014, Benefitfocus, Inc. (Benefitfocus) announced that it DRT Holdings, Inc. implemented the Company's HR INTOUCH MARKETPLACE, a cloud-based portal that integrates all of DRT Holdings' benefit options in one place to support benefits administration, employee communications and compliance with the Affordable Care Act (ACA). The portal's built-in data exchange capabilities provides accuracy and consistency across various systems by automating the transmission of employee enrollment data with DRT Holdings' payroll and benefit providers, providing employers convenient access to reports on plan participation, open enrollment status and other information. Julie Smith, Human Resources Administration at DRT Holdings, said, "The technology capabilities combined with the superior support we receive from Benefitfocus more than exceeded our expectations. Our first open enrollment using HR InTouch Marketplace was successful and we are pleased to have this software available as we face new challenges as a growing company and with the introduction of the ACA." The full analyst notes on Benefitfocus, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04072014/BNFT/report.pdf

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EDITOR NOTES: 

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
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NOT FINANCIAL ADVICE 

Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

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