Enterprise headlines and summaries, 2009-07-16

  • IBM Reports 2009 Second-Quarter Results
    * Diluted earnings of $2.32 per share, up 18 percent; * Raises full-year 2009 EPS expectations to at least $9.70 from $9.20; * Free cash flow of $3.4 billion; cash balance of $12.5 billion; * Net income of $3.1 billion, up 12 percent; net margin of 13.3 percent, up 3.0 points; * Pre-tax income margin of 18.3 percent, up 4.1 points; largest increase in more than 3 years; * Gross profit margin of 45.5 percent, up 2.3 points; up 19 of last 20 quarters; * Revenue of $23.3 billion, down 13 percent, or 7 percent adjusting for currency; * Software pre-tax margin up 8.3 points; income up 24 percent; * Full-year 2009 Software pre-tax income expected to grow at double-digit rate and reach $8 billion; * Services pre-tax margin up 4.1 points; income up 23 percent; * Services signings up 3 percent; strategic outsourcing signings up 38 percent, both adjusting for currency; * 17 services deals greater than $100 million; * Public sector revenue up 7 percent, adjusting for currency.
  • IBM raises guidance, profit blows past forecasts
    Meanwhile, sales dropped 13 percent to $23.25 billion, lower than the $23.59 billion predicted by analysts polled by Thomson Reuters. Sales would have been down 7 percent without currency fluctuations.
  • IBM Battles a Reluctance to Spend
    But weakness in the Armonk, N.Y., giant’s short-term consulting business and a 26% decline in hardware revenue compared with a year ago indicate that the technology business overall still faces stiff challenges. “This is still a tough economic environment,” said Mark Loughridge, IBM’s chief financial officer, on a conference call. “Moving forward there will still be budget pressure on customers but we think as stimulus [money] starts to roll out, [there] is a real opportunity for us.”
  • Salesforce.com opens its first international data centre
    To further accelerate international expansion and adoption of enterprise cloud computing, salesforce.com’s first international data centre is now live in Singapore. Salesforce.com has opened its first data centre outside of North America in Singapore. The facility is the SaaS vendor’s third besides its two North American centres.
  • Alinghi counter attacks in America’s Cup court battle
    In its latest legal move, Alinghi asked the court to order Oracle to provide it with a description of its trimaran within the next 15 days so it can determine if the boat meets the rules of the America’s Cup. Alinghi skipper Brad Butterworth accused Oracle on Thursday of seeking to win the 33rd America’s Cup through the courts.
  • Whirlwind America’s Cup update
    When BMW-Oracle is sailing fast, all three hulls rise above the sea on long, thin hydrofoils. Crewmen on the windward hull of the 90-foot-wide boat are about 25 feet above the water. “It’s fantastic to be back on the big boat,” said Spithill. “We’re looking forward to doing some easy trials and then lighting it up.”
  • Swiss Launch New America’s Cup Boat: By Helicopter
    Whether BOR 90 is the boat that will face Alinghi remains to be seen. BMW Oracle Racing, owned by software tycoon and sailor Larry Ellison, has refused to confirm or deny reports it is building a second boat. Ellison is believed to have spent between $10 million and $20 million on BOR 90.
  • SAP Tests Banners
    Mobile banners: Software company SAP turned to mobile display ads as a way to reach C-level execs, who are commonly early adopters and are frequently on the road, reports Forbes.com. SAP bought display ads on the mobile version of 11 different business technology sites, including CBS (NYSE: CBS), Gizmodo and CNN. Users can click to connect to a SAP site that hosts five short videos.
  • SAP CTO to Present on the Potential of On-Demand
    Next-Generation On-Demand The SaaS pioneers have given us a taste of the potential of On-Demand, however, we’ve only scratched the surface in terms of what’s to come and the future model for how the next generation of enterprise software will be delivered. In this session Sal Visca, Chief Technology Officer for SAP’s Technology Development business, will walk through his perspective on where the world of Enterprise Software is headed next – putting On-Demand into the context of the enterprise world. He will step back from the headlines and outline what it will really take to offer solutions that tackle the issues facing the large enterprise.
  • Google’s Battle in Business Software
    Business software maker SAP (SAP) also tried Google’s applications but then shied away because the company didn’t want to keep proprietary information on Google computers, says an SAP source. SAP’s Chief Technology Officer Vishal Sikka won’t comment on his company’s use of Google Apps but says Google needs to do more to put customers at ease. Zoho’s software lets companies keep data on their own computers.
  • SAP Keeps Lead in CRM as Market, Rivals Grow
    Some companies fared better than others. The report found SAP remained in the lead, followed in order by Oracle, Salesforce, Microsoft and Amdocs.
  • IBM Blows the Street Away
    After Intel’s big beat earlier in the week, the pressure was on IBM to beat, and beat big, and the company answered. Big. So big, in fact, that the $2.32 the company reported, beating the Street by 30 cents, was the biggest beat in IBM’s history!
  • Is Kana Buying Time Until It’s Bought?
    The showdown that has been brewing around Kana Software (KANA) for months was supposed to come to a head yesterday. Hedge fund KVO Capital Management had been planning to put forward a director for election at the company’s annual meeting, which was originally scheduled for July 15. Instead, Kana pushed the meeting back. Not by a week or two, or even a month, but until December 1. KVO is the largest shareholder in Kana, with some 3.4 million shares, or 8% of the company.
  • Wide Orbit to buy Google Radio
    Well, the rumors everyone has been hearing are pretty much true: Revenue Management systems provider Wide Orbit has all but purchased Google Radio Automation, after a lengthy due diligence process that began not long after Google made the announcement to drop the radio division in February. There were other suitors that kicked the tires, of course, but Wide Orbit emerged as the buyer. From an RBR source that received the following email from Google Radio:

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