All posts by BroadVision

BroadVision Announces Vmoso Keystone Release

 

 

Key Modules Include Big Knowledge, Process Management, Integration Bot, and Management Center

 

REDWOOD CITY, Calif., September 29, 2016 — BroadVision, Inc. (Nasdaq: BVSN), a leading global provider of digital business transformation solutions, today announced a major incremental release of its flagship Vmoso platform with a wide range of new functionality across several key modules, including:

 

  • Vmoso Big Knowledge (VBK). Leveraging Vmoso’s patented “single source of truth” architecture, VBK empowers any enterprise knowledge, whether internal or external to Vmoso, to be captured and retained at its source, which in turn can be easily shared to and effectively attained by all colleagues for making timely decisions and correct actions, delivering compelling insights and ensuring business continuity.

 

  • Vmoso Process Management (VPM). Unifying structured workflow with unstructured collaboration, VPM provides an extensible framework to transform stodgy PC-centric business processes into a highly engaging mobile-centric experience for each participant, driving clear workforce accountability and sustainable operating efficiency.

 

  • Vmoso Integration Bot (VIB). Architected as an open system, Vmoso offers 500+ RESTful APIs to access every aspect of the system.  VIB preconfigures a number of essential APIs into a reusable framework, from which all enterprise activities can be integrated into a “universal inbox”, personalized for each user, via either Vmoso itself or as embedded in any external sources, such as existing PC or mobile apps/portals, systems of record, Internet of Things (IoT), etc.   This fosters a holistic and high-impact collaborative environment, resulting in superior user experience, unprecedented knowledge retention, and accelerated business cycle time.  Initial VIB instances include DocuSign, Exchange/Outlook, Google-Drive, Gmail, Redmine, Salesforce, SharePoint, Slack, SugarCRM, Watson, WeChat, etc.

 

  • Vmoso Management Center (VMC). Optimized for enterprise-wide account management, user/service provisioning/billing, data/content policy & compliance, etc., VMC allows an organization to manage, monitor, and support users and their usage at both global and local levels under both public and private cloud installations.   Specifically, intranet/extranet hybrid use cases involving internal users only vs. internal/external user combinations can be provisioned but safeguarded within the same site via VMC, maximizing the enterprise ecosystem’s reach while guaranteeing the highest level of data security and information privacy.

 

“We are truly excited about this Vmoso Keystone Release,” commented BroadVision CEO, Dr. Pehong Chen, Once again, we have pushed the digital workplace / business transformation envelope even farther, enabling the entire enterprise to work more smartly inside, engage customers more intimately outside, institutionalize valuable tacit knowledge from the origin, and together get more things done in significantly less time; generate more business value under considerably less cost.”

 

Learn more about these exciting new features in our summary video at http://www.broadvision.com/en/vmoso/whats-new-sept16

 

 

About Vmoso

Vmoso is a mobile-centric application platform for empowering digital business transformation, where knowledge management meets enterprise communication, collaboration, and engagement.  It unifies email, instant messaging, content sharing, workflow, and social networking into one integrated user experience, forming a single source of truth across a detailed corporate knowledge web, to significantly enhance both internal collaboration and external engagement, delivering substantial gains in both business velocity and value.

 

Visit www.BroadVision.com/Vmoso for more details.

 

About BroadVision

Driving innovation since 1993, BroadVision (NASDAQ: BVSN) provides e-business solutions that enable the enterprise and its employees, partners, and customers to stay actively engaged, socially connected, and universally organized to achieve greater business results.  BroadVision® solutions—including Vmoso for digital business transformation and Clearvale for enterprise social networking—are available globally in the cloud via the Web and mobile applications.

 

Visit www.BroadVision.com for more details.

 

♦ BroadVision and all its case-sensitive permutations are trademarks of BroadVision, Inc., registered in the United States and other countries.

 

BroadVision Contact:

Shalease Hanchett

(650) 331 1000

Vmoso Sept 2016 release

We’re delighted to announce the immediate availability of the latest release of Vmoso. This is a major release, including:
– Vmoso Big Knowledge
– Vmoso Process Management
– Addition of tasks to Vmoso basic mod
– Vmoso Integration framework
– Enhancements to access control to support enterprise and affiliate users

This short video gives a brief introduction to some of these new features. For more details, please take a look at the release notes.

BroadVision Announces Second Quarter 2016 Results


REDWOOD CITY, CA — August 10,
2016 — BroadVision, Inc. (NASDAQ: BVSN), a leading provider of e-business and engagement management solutions, today reported financial results for its second quarter ended June 30, 2016. Revenues for the second quarter were $1.9 million, compared with revenues of $2.0 million for the first quarter ended March 31, 2016 and $2.2 million for the comparable quarter of 2015.

License revenue for the second quarter of 2016 was $1.0 million, same as for the prior quarter and $1.1 million for the comparable quarter of 2015. The majority of the second quarter license and subscription revenue was generated from the Company’s BroadVision® Business Agility Suite™, Commerce Agility Suite™, QuickSilver™, and Clearvale® solutions. Revenue during the quarter was generated from sales to both new and existing customers.

In the second quarter of 2016, BroadVision posted net loss on a U.S. Generally Accepted Accounting Principles (“GAAP”) basis of $2.6 million, or $0.53 per basic and diluted share, as compared with GAAP net loss of $2.1 million, or $0.42 per basic and diluted share, for the first quarter of 2016 and GAAP net loss of $2.5 million, or $0.51 per basic and diluted share, for the comparable quarter of 2015.

As of June 30, 2016, the Company had $25.0 million of cash and cash equivalents and short-term investments, compared to a combined balance of $27.3 million as of March 31, 2016 and $35.3 million as of June 30, 2015.

“Over the past quarter we began promoting  Vmoso as a mobile platform to our legacy customers for enhancing both  their internal enterprise collaboration or external business engagement, which has been very well received across the entire installed base.  On top of that, we continue to develop key partnerships and target net new lighthouse accounts for Vmoso globally, gaining solid momentum in all key markets,” said Dr. Pehong Chen President, and CEO of BroadVision. “Vmoso’s strategic strength is to improve productivity and knowledge management through transformative changes in how people work. This message is resonating with customers and gaining traction vis-a-vis group chat offerings such as Facebook for Work, Skype for Business, Slack, etc.”

Conference Call Information
BroadVision management will host a conference call today, Wednesday, August 10, 2016, at 2:00PM Pacific Daylight Time (PDT). The conference call may be accessed by dialing: 1-888-771-4371, with pin code 42767799. Callers outside North America should call +1-847-585-4405 to be connected. These numbers can be accessed 15 minutes before the call begins, as well as during the call. Afterwards, an audio recording of the call will also be available on the Company’s website at www.BroadVision.com.

About BroadVision
Driving innovation since 1993, BroadVision (NASDAQ: BVSN) provides e-business solutions that enable the enterprise and its employees, partners, and customers to stay actively engaged, socially connected, and universally organized to achieve greater business results.  BroadVision® solutions—including Vmoso for virtual, mobile, and social business collaboration, and Clearvale for enterprise social networking—are available globally in the cloud via the Web and mobile applications. Visit www.BroadVision.com for more details.

BroadVision, Business Agility Suite, Commerce Agility Suite, QuickSilver, and Clearvale are trademarks or registered trademarks of BroadVision, Inc. in the United States and other countries. All other company names, product names, and marks are the property of their respective owners.

Information Concerning Forward-Looking Statements
Information in this release that involves expectations, beliefs, hopes, plans, intentions or strategies regarding the future, including statements regarding BroadVision’s ability to enhance customers’ businesses, market acceptance of Vmoso and the ability of Vmoso to transform business operations , are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, which involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements.

These risks and uncertainties include without limitation uncertainty regarding market acceptance of BroadVision’s products and services, BroadVision’s ability to sell Vmoso to its existing customers and new customers, BroadVision’s ability to provide reliable, scalable and cost-efficient Cloud-based offerings, BroadVision’s ability to effectively compete in its intensely competitive market and respond effectively to rapidly changing technology, evolving industry standards and changing customer needs, requirements or preferences, and the other risks set forth in BroadVision’s most recent annual report on Form 10-K, as amended, and subsequent reports filed with the Securities and Exchange Commission.

All forward-looking statements included in this release are based upon information available to BroadVision as of the date of this release, and BroadVision assumes no obligation to update or correct any such forward-looking statements except as required by law. These statements are not guarantees of future performance and actual results could differ materially from BroadVision’s current expectations.

 BROADVISION, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)

  June 30, 2016


 December 31, 2015


 (unaudited)
   ASSETS
  Current assets:
   Cash, cash equivalents and short-term investments$ 24,979$ 29,131
   Other current assets 2,026 2,849
   Total current assets 27,005 31,980
   Other non-current assets 226 230
   Total assets$ 27,231$ 32,210
   LIABILITIES AND STOCKHOLDERS’ EQUITY
   Current liabilities$ 5,216$ 5,783
   Other non-current liabilities 822 918
   Total liabilities 6,038 6,701
   Total stockholders’ equity 21,193 25,509
   Total liabilities and stockholders’ equity$ 27,231$ 32,210

BROADVISION, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
(In thousands, except per share data)
(unaudited)

  Three Months Ended Six Months Ended
  June 30, June 30,
  2016 2015 2016 2015
  Revenues:            
  Software licenses $ 1,010 $ 1,109 $ 2,029 $ 2,196
  Services   912   1,078   1,902   2,487
  Total revenues   1,922   2,187   3,931   4,683
  Cost of revenues:            
  Cost of software revenues   43   40   81   85
  Cost of services   807   817   1,579   1,534
  Total cost of revenues   850   857   1,660   1,619
  Gross profit   1,072   1,330   2,271   3,064
  Operating expenses:            
  Research and development   1,703   1,797   3,446   3,655
  Sales and marketing   1,100   1,305   2,251   2,445
  General and administrative   964   866   1,949   1,754
  Total operating expenses   3,767   3,968   7,646   7,854
  Operating loss   (2,695)   (2,638)   (5,375)   (4,790)
  Other income (expense), net   98   143   754   (1,245)
  Loss before provision for income taxes   (2,597)   (2,495)   (4,621)   (6,035)
  Provision for income taxes   (6)   (1)   (33)   (16)
  Net loss $ (2,603) $ (2,496) $ (4,654) $ (6,051)
  Earnings per share, basic and diluted:            
  Basic and diluted loss per share $ (0.53) $ (0.51) $ (0.95) $ (1.25)
  Shares used in computing:            
  Weighted average shares-basic and diluted   4,914   4,849   4,905   4,841

BroadVision Sets Date to Announce Second Quarter Results

Redwood City, CA – July 27, 2016 – BroadVision, Inc. (NASDAQ: BVSN), a leading provider of e-business and engagement management solutions, today announced that it will release its second quarter 2016 financial results on Wednesday, August 10, 2016, at approximately 1:30PM Pacific Daylight Time (PDT).

In addition, the company will host an Investor/Analyst conference call at 2:00PM PST. Dial-in information is: +1 (888) 771-4371, with pin code 42767799#. Callers outside North America should call +1 (847) 585-4405 to be connected. These numbers can be accessed 15 minutes before the call begins, as well as during the call. Company executives will review financial results and discuss the state of BroadVision’s business during the call.

About BroadVision
Driving innovation since 1993, BroadVision (NASDAQ: BVSN) provides e-business solutions that enable the enterprise and its employees, partners, and customers to stay actively engaged, socially connected, and universally organized to achieve greater business results. BroadVision® solutions — including Vmoso for virtual, mobile, social business collaboration and knowledge management and Clearvale for enterprise social networking — are available globally in the cloud via the Web and mobile applications.
Visit www.BroadVision.com for more details. For pdf download, click here

BroadVision Contact:

Peter Chu
Investor Relations
(650) 295-0716 x7177
Ir1@broadvision.com

BroadVision and all its case-sensitive permutations are registered trademarks of BroadVision, Inc. in the United States of America and other countries.

Group chat isn’t the panacea for those wanting to replace email

Chat, Chat, Chat…Short bursts of information between two or more people has become all the rage. Like instant messaging a decade ago, group chat is the current communication platform de jour. You’ve heard the names, Slack, WeChat, Hipchat, Redbooth, Facebook at Work, Yammer and many others.

If you are considering a communication and collaboration solution you need to first ask three basic questions.

1. What is your ambition? What are you trying to change or accomplish in your organization?

2. Do you want a one “trick” simple solution that addresses one aspect of workflow, workplace communication or collaboration; or a multi-function solution?

3. How important is a mobile-centric platform? Is mobile part of your workplace roadmap and employee engagement?

This is just step one. While group chat is generating noise, but are you signing up for the game changer you have been led to believe?

The very nature of the word chat says short term, disposable…informal communication. Many believe chat is the email replacement tool. Moving to a group chat solution is not the answer even if email has grown to be used for more than basic electronic communication.
How we communicate has a direct influence on how we work. Are disconnected and informal business tools the right ones to address complex problems?

Effective communication is critical for the success of any organization. One major challenge is the fixing or correcting of workplace errors because of poor communication. Using a chat tool, that perpetuates an informal communication style, will not address the challenge of moving today’s information into tomorrow’s corporate knowledge.

Don’t listen to us. Listen to an unbiased review of group chat from Jason Fried, Founder & CEO at Basecamp. Co-author of Getting Real, Remote, and NYT Bestseller REWORK. In his March 2016 manifesto – “Is group chat making you sweat?” he describes the FOUR positives and 17 negatives with simple group chat solutions.

According to Jason….

“…group chat used sparingly in a few very specific situations makes a lot of sense.”
“…the method and manner in which you choose to communicate has a major influence on how people FEEL at work. Frazzled, exhausted and anxious? Or calm, cool and collected?”

Jason is someone who has been at the forefront of enterprise group chat for over a decade. Chat isn’t bad, it just isn’t the pancea. Check out this video where we describe in detail Jason’s positives and negatives of group chat. Vmoso vs Group Chat

vmoso - and group chat

Chat isn’t bad.

If all you want is a persistent chat tool, you can “PAY” for any of the apps discussed or use a free instant chat platform like skype.

What is group chat good for?

It’s fast and immediate; if your team or group needs to discuss and hash out something quickly…chat will do the trick. It is a lot easier for multiple people to read, respond and discuss in a chat setting than clogging up an email in-box.
There is a sense of urgency and it is one way to circulate information to a large audience.
Chat is fun and collegial, but if ordering an Uber or a pizza while discussing a $50 million dollar business deal with the team is mission critical, then Slack is right for your company.
Group chat also provides a collaborative platform to build inclusion and create a sense of belonging. This helps build a powerful organizational culture. This is the ultimate goal, but group chat falls short in the long run.

Where chat fails –

But, if group chat is the primary method of communication across your enterprise you are not focused on the big picture.

Active or passive participation in group-chat can be exhausting. Unlike overloaded email in-boxes that require time set aside to scan, read and answer emails, group chat creates a feeling that you always need to be following.

If your team is communicating solely in group chat, the same problems with email are magnified but only cosmetically different. Instead of scanning email multiple times a day to make sure nothing important falls by the wayside, group chat creates the always on need to monitor.

One-line communication is worse that long-form email and more difficult to conduct in-depth discussions. The nature of business is to solve big problems, over time, with details. Big picture communication requires conversation not disconnected monosyllabic comments one line at a time.

Group chat is nothing more than comments piled up one after another. There is no real linkage of one thought to another. Instead of a pyramid being built, a giant landfill emerges.

Accessing knowledge or finding information is challenging. With most chat tools, what happens three weeks in and you need to go back and review an important conversation from two weeks ago; what do you do? That was 375 scrolls earlier. The upward escalator of fragmented pieces of information has reached the 100th floor. After three hours of searching you find what you wanted, but where is the context? Remember, chat, is an endless stream of short comments.

Collaboration’s value is in the discussion, but a discussion that arrives at a collective conclusion with action items and deliverables. Chat does not provide the context and platform to easily make this happen.

The basic concept of group chat is a positive step forward in powering a collaborative workplace culture, but it is only a small step.

What’s missing?

• A universal inbox
• A single source of truth
• No organizational structure to information
• No personal structure
• Inability to integrate outside of the team or specific channel created
• No file versioning so everyone in the channel are actually working on the most current document version
• No analytics
• Poor integration with email. There will always be late adopters who still rely on email to communicate.

Do you think these are important?

You’re ready to make changes in your organization and improve productivity. Don’t jump on the bandwagon. Take your time to figure out what problems you want to solve before implementing a solution that stops far short of where you want to go.

If you are leaning towards group chat listen to what a 10 year veteran of group chat has to say. You might be surprised by what you hear. Check out a video on group chat.