Mr. Yazdani: I founded the company in 1997 and prior to founding the company, I was with Oracle roughly for 10 years. From the early days at Saba, I had this vision of leveraging the Internet essentially for companies' people management systems, so you would be able to better leverage, and access and connect to the people in your organization. So that is the genesis of the company.
We have a strong set of core beliefs, and they are to both innovate and deliver strong value to our customers. We believe that people are the biggest differentiators in any organization. We believe that these assets - people - have not been fully utilized or optimized. And when we refer to people, we don't just talk about people who are the employees or work for the enterprise or the organization. We talk about the people in the entire value chain of the business. Prior to the Internet, it was harder to get to those assets. But the Internet has now really enabled a very easy, inexpensive way to be able to get access and visibility, I think, into people in the value chain. So for example, if you think about Caterpillar, maybe a few hundred thousand people work for Caterpillar, but there are roughly 1.5 million people in the value chain of Caterpillar. Similarly with Daimler, with Procter & Gamble, with a variety of companies in the high-tech industry, like Cisco, Intel or what have you. So the Internet is a catalyst, giving visibility to the essential details of value chains.
We believe that people are the key differentiating asset in the value chain. It is the asset that takes care of the customers, the asset that provides service to customers and makes the enterprise competitive. So we ask ourselves: Do these enterprises actually have visibility into that asset? The answer is no. Do they have a system that can align, engage, develop and mobilize people, allowing these assets to be visible to everyone in the enterprise? The answer is no. And here we are. We have the software platform; we are a software company that integrates Internet technology, Web technology and mobile technology to enable organizations to get visibility first of all into the people assets and then more importantly, to enable them to really use this towards being able to align, engage, develop and mobilize their people assets.
So that's our vision. Today we are a 100 million-plus company; we are a profitable 100 million company. So we care about the revenues, and we care about being profitable. We care about segments of the marketplace that we think are strategic at this stage of our business. So we have focused the majority of our efforts to date on companies over 10,000 employees that typically have the most complex and the largest value chains. We serve 1,300 customers worldwide. There is not really one industry that dominates our customer base, but we are very strong in government, we are very strong in defense, very strong in high-tech, very strong in health care. One-third of our business comes from overseas. There are large governments as well as companies overseas that we service. Lately, we have made good progress in energy. We have as clients very large energy companies, like Petrobras, Saudi Aramco, Bahrain Oil and Kuwait Oil. These are some of the largest energy companies and they also have very large value chains, of course, that have now started to move onto our platform.
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