Clarizen and Kaltura in IDC’s top 10 Innovative Applications Companies Under $100M to Watch

October 26, 2009 by Lisa Damast
Filed under: IT management, Information Technology, SaaS, Uncategorized, Video, Web2.0, cloud computing, open source, virtualization

Israeli companies Kaltura and Clarizen have been included in IDC’s top 10 innovative applications companies under $100M to watch.

According to IDC chosen companies were identified based on whether they exemplified one or more of three key trends in applications today, which the company cited in January 2009 to be:

Acceleration of software as a service (SaaS), business process outsourcing (BPO), and open source over traditional on-premise software
New business models for software use by service providers (software-within-a-service)
Web 2.0-like functionality moves into the enterprise (e2.0).

Clarizen is a project management software company that allows contributors to edit at the same time and for the changes to be visible immediately to anyone involved on the project. Last week it reported that it gained over 100 new customers in Q3. Clarizen is headquartered in Israel with its US headquarters in Menlo Park, California.

Kaltura, according to its site, is “the first open source video platform for online video management, creation, interaction & collaboration.” Earlier today it was listed as one of 49 hot new open source applications on Earthweb.com as a video tool. The company has an R&D center in Israel.

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