Enterprise headlines and summaries, 2009-04-24

  • Should the database market be interesting?
    EnterpriseDB or Ingres may appear to offer an alternative to the “Oracle Tax,” but if Ingres grows who is to say Oracle won’t just buy them? They bought mySQL, didn’t they? This question is not an academic one. It holds big implications for business generally.
  • Oracle says it intends to grow, integrate Sun’s hardware business
    Oracle Corp. intends to grow Sun Microsystems Inc.’s hardware business after the pending acquisition closes and focus the server and storage businesses on the two companies’ common enterprise customers, Oracle officials disclosed Thursday. “Key to this strategy will be our plans to develop software-optimized hardware that integrates all of the enterprise components: hardware, database, middleware and applications,” officials said in a filing made with the Securities and Exchange Commission. The SEC filing was made as part of Oracle’s Monday announcement that it planned to acquire Santa Clara, Calif.-based Sun for about $7.4 billion. Sun employs more than 2,000 people at its Broomfield campus.
  • Microsoft Winces at Recession’s Blow
    As expected, the tech spending slowdown is taking its toll on Microsoft(MSFT Quote), with the software giant registering its first ever year-over-year revenue decline.
  • Tom Siebel Offers 20 Million Dollar Prize
    After his presentation today, Tom Siebel fielded audience questions. A voice began speaking… “What are you?” Siebel asked. “A freshman,” the voice said. “What are you studying?” “Still figuring that out.” “Me too,” said Siebel. Silicon Valley gets Zen.
  • Earn, learn, have fun, Wipro tells employees
    Software services firm Wipro Ltd is asking its employees to take a break. As it struggles to manage rising human resources costs, India’s third largest software provider is offering sabbaticals and reduced work days to benched employees. Benched employees refer to staff not engaged in any specific project.
  • PwC auditors ‘ignored’ Satyam fraud for fees
    Two PricewaterhouseCoopers auditors were aware that accounts of Satyam, the IT outsourcer at the centre of India’s biggest corporate fraud, were being misstated but signed them off in return for an “exorbitant audit fee”, Indian investigators have alleged. The Central Bureau of Investigation (CBI), which looks into India’s most serious and complex crimes, has filed documents in a court in Hyderabad that outline what it alleges are the outlines of a scandal that has become known as “India’s Enron”.
  • Amdocs Reports 2Q Results
    Amdocs DOX reported fiscal second-quarter results Wednesday that came in slightly below our expectations, but not enough to change our fair value estimate. Overall revenue decreased to $711 million from $774 million in the year-ago quarter, a decline of 8.2%. Amdocs’ results reflected a very tough macroeconomic environment, which forced service providers to pull back their investments in new project implementations and some support activities. Amdocs’ North American business managed to hold revenue steady with last year, as this business mostly includes long-term managed services business and maintenance support services that are considered critical by service providers. The same can’t be said for the company’s European and emerging markets business, which fared the worst–revenue from these two regions declined more than 26% from last year. Most of the revenue from these two regions is project-based and considered more discretionary than managed services business. Despite a signific
  • H-1B Visa Law: Trying Again
    “The H-1B visa program should complement the U.S. workforce, not replace it,” Durbin said in an Apr. 23 statement. “The…program is plagued with fraud and abuse and is now a vehicle for outsourcing that deprives qualified American workers of their jobs.”
  • Microsoft: ‘Pressures are broad and deep’
    “We remain more cautious than most about the state of the world economy,” Liddell said. “Economic pressures are broad and deep.” His comments are in contrast to statements by executives at EMC and Intel, who held out hope that the worst could be behind them.
  • Sun, Oracle address sale worries
    That wouldn’t necessarily rule out the kind of sale Staten predicted that Oracle could pursue. He said Oracle could sell Sun’s hardware business to an Oracle partner company, such as Hewlett-Packard, that would sell Sun hardware in coordination with Oracle’s software and consulting, giving customers the benefit of integrated technology but without Oracle itself having to expand into hardware manufacturing and sales.
  • EMC asks staff to take a pay cut
    EMC CEO and president Joe Tucci said there’ll be no more layoffs beyond the 2,400 announced at the start of the year, but he has asked employees to take a 5% pay cut for the remainder of the year, an initiative that will impact EMC Australia New Zealand staff. In an email statement issued by EMC’s Australian PR company, David Webster, EMC’s ANZ President told SearchStorage ANZ that “This is a worldwide initiative to improve our effectiveness and efficiency and will help EMC ride out this period of economic uncertainty – putting us in a position of even greater strength when conditions improve.”
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