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Software maker jive is changing the way big corporations do business the company reported a 44%.
Jump in sales last quarter.
The stock is up nearly 22%.
Over the past three months go back a bit spent a little bit -- -- road but what's driving demand now for drives business joining us.
Tony and -- he's jive software chairman and CEO great to have you back thanks for government -- -- you went public back in December of 2011 you're one of the sort of stand out IPOs.
Then you then you get the real world a grown up world a little bit rougher -- things look good now what's driving.
Your business I think we've moved out from underneath -- social halo and that early period of time which was.
Dominated by FaceBook for the enterprise and let's do social software for social software sake.
And now we're moving -- the mainstream.
Companies big companies as you say see the value in workforce productivity.
And revenue came.
Through the use of a new way to communicate -- workers broke and nobody enjoys doing thousands of emails -- day.
Social software in the enterprise represented a new breakthrough way to get worked tell you what you to offer company one of -- clients -- Cisco or they -- right what do you do for them right we make the workforce more productive by.
Allowing them to find information and people.
Collaborate on content.
And in fact -- -- groups and they social paradigm obviously a stream and trending content but that's that's the paradigm from the consumer world.
They work differently in their businesses which is what they wanna do from their personal lives just the software eliminate backstabbing that everybody thought.
I had well not -- really -- Tell me what the future looks like for you.
What's in your pipeline what are you working on how do you growth this business -- the business the business growth as you mentioned 47% revenue growth -- More than 800 blue chip clients all of them.
You know big companies in a -- broad variety of industries.
What makes it go mainstream as the business value that we see.
Companies realize the way to make the workforce more productive engineer better market better sell better is through the use of a different and new way to communicate.
What's the key when it comes to social networking for big corporate clients because now they're realizing.
There's actual revenues that can be attached to something like this how do you then turn that into real revenue can you promise something like that for what if -- 800 blue chip clients that not only.
I'm not only two point -- promises but some work that was done by and large business consulting firm that did the work and our customer base said.
Our customers see up to 4% revenue gain.
When the workforce is more than 50% more productive.
Using the -- platform they communicate better they're more effective and those are real numbers to real numbers and we can guarantee you.
You know those kinds of results if in fact they go deep in the use cases that we've proven out and our customer base we.
And everybody else talking about reports of massive -- from outside this nation from real nefarious operators possibly the Chinese government's I mean way -- And that that the links looks very obvious to us and to our -- yesterday from -- yet right -- to Walt.
What can you do could you work on anything to close some of the holes and stop the leaks will look release the entry.
What we were we take our customers' -- very seriously we offer very flexible delivery model.
Many of our financial institution clients in health care clients take our software on their premise behind their firewalls it's still -- -- software as a service.
But they protected to the best of their predictability now the war -- percentage of our business is delivered on the -- where we go to great lengths.
To build and -- -- and secure access to that client's data but obviously concerned globally -- to Waltz it's on our board at jive software.
We're very you know very very aware of what's going on and we build them the best -- possible for -- -- Davis -- we think very highly of fire Ryan and -- what they've done right thank you so much thanks for -- taught basic Ghali is jive software chairman and CEO David look social networking works for big companies to the next.
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