Jive is considered a pioneer and one of the leaders in the ESN market, which features fewer pure play vendors than years ago due to consolidation. Right now, Jive's main rivals are the ESN products from larger vendors with deeper pockets, like Microsoft, IBM, Salesforce.com and Tibco.
Founded in 2001, Jive went public in late 2011, but its shares are trading in the $5.80 range, way off from their April 2012 peak, when they topped $27. Second-quarter revenue grew 23 percent year-on-year to $43.4 million and the company's net loss was $14.6 million, about $3.2 million narrower than in the year-ago quarter.
Forrester Research ranked the company as a "leader" among enterprise social software vendors in a recent report, saying that despite the "crowded vendor landscape, Jive continues to thrive by emphasizing user experience across all devices." Jive customers include T-Mobile, GE Healthcare, Eli Lilly, Prudential, Genentech, Vodafone and Nike.
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