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[December 11, 2012]
Kapow Software Appoints New CPO Karl Ederle To Lead Big Data Strategy and Product Management
PALO ALTO, Calif., Dec. 11, 2012 /PRNewswire via COMTEX/ -- Kapow Software, a leading innovator in the market for big data solutions, today announced the appointment of Karl Ederle as its new chief product officer. Ederle has more than 20 years of executive experience steering product strategy at software market leaders such as Oracle, Taleo, SAP and PeopleSoft. He most recently served as vice president of strategy and innovation of talent management solutions at Oracle, which acquired Taleo Corporation in April 2012. Ederle will oversee Kapow Software's strategy and products, with a particular focus on introducing an expanded set of big data and other cloud-based offerings to satisfy current enterprise customer needs and address new market opportunities.
"Karl is a highly valued addition to Kapow's leadership team," said John Yapaola, CEO of Kapow Software. "He has a long and proven track record of developing a winning portfolio of products that address changing market needs and capitalize on new opportunities. He brings the right mix of vision, leadership, strategy and the depth of experience needed to lead our long-term strategy and develop a product roadmap that monetizes the significant opportunities that lie ahead for big data, analytics and the cloud." During his tenure at Oracle and Taleo, Ederle led the development and implementation of the long-term portfolio strategy across Taleo's big data, analytics, and talent management solutions, managing a SaaS business in excess of $300 million. Prior to Taleo, he served in SAP's Corporate Strategy Group, within the Office of the CEO, where he oversaw the analysis of numerous strategic initiatives ensuring the alignment with SAP's business priorities. He also served as director of product management at PeopleSoft, overseeing the development and management of a $40 million portfolio of financial and performance management solutions.
"As 2013 fast approaches, big data will continue to grow in size and complexity. Leaders at numerous types of organizations around the globe will need help harvesting and connecting data, making sense of it, using it for competitive advantage or putting it to work to drive their businesses forward," said Ederle. "I am looking forward to working with a pioneering team and a platform as valuable and powerful as Kapow Katalyst to drive more value for our customers." About Kapow Software Kapow Software is a leading innovator in the market for big data solutions with its intuitive, powerful application integration platform that harnesses the power of legacy, cloud, social and big data without the need for coding, consultants or APIs. Its powerful, modern integration and app development platform, Kapow Katalyst, helps modernize the workplace, increase agility and improve business results. Kapow Software is trusted by hundreds of large global enterprises, including Audi, Intel, Fiserv, Deutsche Telekom and more than a dozen federal agencies. For more information, please visit: www.kapowsoftware.com.
Media Contact:Sam MooreAtomic PRkapow@atomicpr.com(415) 593-1400 SOURCE Kapow Software
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