The company is launching SAP Travel OnDemand, a corporate travel service compliance and reimbursement application.

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Which company would you wager rented more ondemand movies in the last quarter of 2010: Amazon or Wal-Mart?

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Right now he favors software-as-a-service firms, including Salesforce.com and Cornerstone OnDemand, which tend to have less European exposure.

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Some have already hit the IPO market, such as Cornerstone OnDemand (CSOD).

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The Surrey Hotel in New York was an early adopter of the powerful Libra OnDemand software, which aids in "customer relationship management, " or CRM.

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The company has partnerships with premium content providers like Netflix and VUDU, and will be introducing new partnerships with Hulu Plus and Amazon Video OnDemand this year.

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Cornerstone OnDemand shares are trading lower Tuesday morning after Goldman Sachs analyst Greg Dunham this morning reduced his rating on the software-as-a-service company to Neutral from Buy.

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Some of the firms that are well-represented include Accel (Qlik, Riverbed), Apax (RealPage, IntraLinks), Battery Ventures (RealPage, ITA), Bessemer Venture Partners (Postini, Cornerstone), Index Ventures (Skype, MySQL), Insight Venture Partners ( SolarWinds, Divx), Meritech Capital Partners (Cornerstone OnDemand, Riverbed), and Spectrum Equity (RiskMetrics, ITA Software).

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