Enterprise headlines and summaries, 2009-03-14

  • Microsoft Convergence 2009: Hybrid Technology
    Microsoft and its larger SI partners plan to put some serious weight behind xRM in the coming months. But wait, what’s xRM? xRM describes applications built on Dynamics CRM that don’t use the CRM application functionality. xRM (the “x” implies it can be used to underpin a variety of industry or use-specific applications) has tight integration with the Microsoft stack — .NET, SQL, et al — and will also, along with the Dynamics CRM app, likely be available as a cloud-based resource via Azure. … Who will they compete with? Salesforce.com’s Force platform, which also aims to provide developer resources on the cloud for non-CRM, industry-specific applications. IBM’s cloud initiatives. Probably Google Apps, SAP (who purchased Coghead to get into the platform space), Oracle, and possibly Amazon. There are also a small handful of other vendors that see the future in cloud-based applications.
  • #4 Lawrence Ellison – The World’s Billionaires 2009 – Forbes.com
    Net Worth:$22.5 bil Fortune:self made Source:Oracle Age:64 Country Of Citizenship:United States Residence:Redwood City, California Industry:Software Education:University of Illinois, Drop Out, Marital Status:married, 2 children Database titan continues to engulf the competition; Oracle has racked up 49 acquisitions in the past 4 years. Bought BEA Systems for $8.5 billion last year. Still sitting on $7 billion in cash. Revenues up 11% to $10.9 billion in the six months ended November 30; profits also up 11% to $2.4 billion. Stock down 25% in past 12 months. Invested $125 million in Web software outfit Netsuite; took public in 2007, stock has fallen 80% since. His shares still worth $300 million. Chicago native studied physics at U. of Chicago, didn’t graduate. Started Oracle in 1977. Public 1986, a day before Microsoft. Owns 453-foot Rising Sun; built a smaller leisure boat because superyacht is hard to park. Squabbling in court with Swiss boating billionaire Ernesto Bertarelli over te
  • Amazon tweaks EC2 pricing; Takes next step in its enterprise evolution
    Amazon on Thursday announced reserved pricing for its EC2 instances (blog, statement). Simply put, customers can reserve instances for one-year and three-year terms as if they owned the hardware. Enterprises can guarantee they have an EC2 instance for computing power they know they’ll use and buy on the spot market to account for spikes at the usual Amazon rate. Under Amazon’s model, customers only pay for the computing power they use even if instances are reserved.
  • Satyam Customers Mull Exit Strategies
    Increasingly nervous Satyam customers are looking for alternatives in case the scandal-scarred outsourcer is unable to restore internal stability or find a buyer with pockets deep enough to see the Indian company through its current crisis.
  • Compiere Releases Enterprise-Class ERP Solution on Amazon’s Cloud
    Compiere announced immediate availability of Compiere Cloud Edition ERP software on the Amazon Elastic Compute Cloud (Amazon EC2). Compiere Cloud Edition is a business application that automates processes from Accounting, to Purchasing, Order Fulfillment, Manufacturing, Warehousing and CRM. Compiere’s Cloud Edition is delivered with a complete technology stack, certified by Compiere, comprised of an operating system, application server, and database that can be deployed on Amazon EC2 in a matter of minutes.
  • IT Job Prospects for Q2 2009 – Careers
    Net expecting to add staff: 2% Net for first quarter: 8%
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