Enterprise headlines and summaries, 2009-05-05

  • Marc Benioff of Salesforce.com to Receive GIL 2009 CEO of the Year Award From Frost & Sullivan
    Frost & Sullivan, the Growth Partnership Company, is pleased to announce that it has selected Marc Benioff, chairman and CEO of salesforce.com, as the recipient of its GIL 2009 CEO of the Year Award. The Award will be presented at Frost & Sullivan’s flagship event, GIL 2009: North America — Growth, Innovation & Leadership: A Frost & Sullivan Global Congress on Corporate Growth, scheduled to take place September 13-16, 2009 in Scottsdale, Arizona.
  • i2 Inc. Launches the i2 Intelligence-Led Operations Platform For Criminal and Terrorist Threat Prevention
    i2 Inc., the market leading provider of intelligence and investigation management software, today launched the i2 Intelligence-Led Operations Platform — a powerful new platform enabling public safety, military, national security and commercial organizations to proactively solve, deter, prevent, predict and disrupt the world’s most sophisticated criminal and terrorist threats. The announcement was made at the firm’s annual i2 National User Conference in Arlington, Virginia.
  • NetSuite Tumbles As Q1 Disappoints; Piper Says Sell
    Piper Jaffray’s Mark Murphy this morning cut his rating on the stock to Sell from Neutral, with a new price target of $10, well below yesterday’s $14.38 closing level. “With the approaching competitive entry of industry giant SAP (SAP) into NetSuite’s core market, and a likelihood of single-digit revenue growth in [the second half], the current premium valuation of NetSuite’s shares is unwarranted,” he writes. Other commentary was equally grim: * Brendan Barnicle, Pacific Crest: NetSuite is “trying to go up market,” but with “little evidence of success.” He notes the company added just 240 new customers, the smnallest in any of the past fice quarters, and that ASPs fell 27% sequentially. He sticks to his Sector Perform rating. * Michael Nemeroff, Wedbush Morgan: He keeps his Hold rating and $9 price target, and asserts that the “shares need a serious breather.” He notes that the company is being hurt by the global recession as well as purchase delays from larger customers se
  • NetSuite earnings
    Despite the pressure on IT spending, NetSuite (NYSE: N) posted a fairly solid Q1 on Monday. Revenues came to $41.6 million, up 22% over the past year. There was also a net loss of $3.7 million, or 6 cents per share. Although, NetSuite showed a $3.1 million improvement in cash flows (compared to Q4 last year). The fact that NetSuite has shown any growth is an achievement. That is, if you look at the general market for enterprise resource planning (ERP) software companies, the results have been lackluster.
  • IBM buys Exeros data-discovery software
    BM has bought the data discovery software assets of Exeros, and will use them to enhance the services offered by its business analytics consulting division, it said Tuesday. Exeros makes software that can automate the search for relationships between different databases, something the company says is a prerequisite for successful data quality or data integration projects. IBM plans to integrate the Exeros tools with other elements of its Information Management Software range, it said. That range includes software from Cognos, which IBM acquired for US$5 billion in November 2007.
  • SAP-IBM’s Alloy Application Being Pushed to BlackBerry
    BlackBerry users will one day be able to use Alloy, the application jointly developed by SAP and IBM that allows users to access information from SAP’s Business Suite applications through IBM’s Lotus Notes collaboration software. IBM is showcasing a technology preview of Alloy running natively on the BlackBerry at the Wireless Enterprise Symposium conference in Orlando on Tuesday. Alloy was announced in January after being developed under the code name “Atlantic.” It is meant to spur adoption of SAP software because users can remain in the familiar Lotus environment. Users can perform functions like reading reports, approving vacation requests and approving steps in a hiring process. SAP has a similar partnership with Microsoft around the Duetapplication, which allows users to tap SAP through Office.
  • NetSuite Inc. Q1 2009 Earnings Call Transcript
    It’s useful to view this 22% year-over-year top line growth in light of the comparable growth rates of legacy providers of mid-market ERP suites. By comparison, traditional ERP vendors such as SAP, Epicor, Lawson, Deltek, and Sage experienced year-over-year total revenue growth ranging from a positive 1.9% to double-digit negative growth. In terms of new license revenue growth, all of those competitor vendors declined by more than 20% year-over-year…While we have this recurring revenue model and a subscription revenue model, the new business model behaves, for better or for worse, very much like a traditional software new business model. And so in that model at the end of the year you close a bunch of deals, you close a bunch of bigger deals because everybody’s on that sort of buying cycle, and then Q1 starts again and you’re basically starting anew…I think it is an accurate assessment to say we’re seeing a lot of what everyone else is seeing out there, but I would add to that, you
  • The History of Microsoft | Shows | Channel 9
    Total Episodes: 13 | Subscribe: * RSS * iPod/MP4 * WMV (high quality) * Zune * MP3 Welcome to The History of Microsoft. A video series that gives you a rare glimpse into the story behind the software giant. Using rare footage and never-before-seen photos we break down Microsoft’s history by year. Every Thursday we will air a brand new episode beginning with 1975 where The History of Microsoft begins when the ALTAIR 8800 appeared on the cover of Popular Electronics inspiring two young men Bill Gates and Paul Allen to develop BASIC language software for it. Tune in.
  • Ballmer: Layoffs Will Be Aggressive, More Possible
    Ballmer’s did not rule out additional layoffs. Below is the full text of the e-mail that Mr. Ballmer sent to Microsoft employees notifying them of today’s actions.
  • Cloud software matures as economy boosts allure
    Web-based business software sales are growing briskly, even as most of the industry stalls, as the segment pioneered by Salesforce.com Inc (CRM.N) benefits from the weak economy and fading concerns about security. Gartner Research now expects 2009 sales of so-called cloud-based software to grow 22 percent to a record $8 billion, a touch higher than before, the firm said on Tuesday. “We are still going strong,” said Gartner analyst Sharon Mertz, who advises IT managers on software purchases. “The model is pretty solid, even in these tight economic times.” This puts pressure on established software companies such as Microsoft Corp (MSFT.O), International Business Machines Corp (IBM.N), Oracle Corp (ORCL.O) and SAP AG (SAPG.DE) to play catch-up, after standing on the sidelines for most of the past decade as Salesforce and others gained credibility with corporate clients.
  • SAP executive: Business ByDesign ramp up not imminent
    It’s no accident that only a handful of sessions at SAP’s upcoming Sapphire conference feature Business ByDesign, the company’s entry into on-demand ERP (enterprise resource planning) software for the midmarket, according to a top company official. “There’s not going to be a lot to report out” about the application’s status at Sapphire, which takes place May 11-14 in Orlando, said Bill McDermott, an executive board member and president of SAP’s global field operations. “The noise level will increase” toward the latter part of this year, or perhaps not until 2010, he said. “We want to get [Business ByDesign] just right.” SAP first unveiled Business ByDesign in September 2007, and had initially planned to reach US$1 billion in revenue and 10,000 customers for the product by 2010. But in April 2008, the vendor said it would take another year to 18 months to attain that goal.

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