Enterprise headlines and summaries, 2009-10-23

  • Larry Ellison Doesnt Play Chicken
    The EU officials have not seen a CEO like Ellison. He is willing to use a scorched earth policy to prove his point by using Sun as his current example. Oracle in investing nearly $6 billion net of cash to buy Sun. His actions may seem irrational, but he is not a typical CEO. He afford to appear not to care what it takes to win
  • Oracle Fusion in Context
    So, I am not a financial analyst, but my reading of the situation is that Oracle has positioned itself and its business well with Fusion. When delivered in a service mode, the applications will be competitive with other market leaders. The applications ought to find a big market in other nations where software might be too expensive for local tastes. There, at least multi-tenancy should prove to be essential.
  • EMC’s Net Falls, But Lifts Outlook
    Mr. Tucci also said he expects IT spending to grow in 2010, though at a slower pace than the period of 2004 to 2007. The economic recovery, he said, will be “slow, but steady.”
  • SAP-Siemens: He said, she said
    He hears Siemens got the deal at under euro 20 million a year compared to the euro 35 million they were paying earlier. They also got perks such as MaxAttention, extended maintenance on some Siemens specific enhancements thrown in and also got some shelfware off maintenance.
  • How to Succeed as an Early Adopter: Interview with Genentech CIO Todd Pierce
    The rate of innovation at Google is – well I mean, the Oracle, SAP and Microsoft product cycle is five years; Google’s product cycle is five days. It’s incremental. In five days you’re not going to be able to cancel your Microsoft Office license, but in five years, you won’t have Microsoft Office.
  • Interim Update #2: Certifying Windows 7 with Oracle E-Business Suite
    Microsoft Windows 7 was officially released today. Here’s a recap of our plans for certifying the Oracle E-Business Suite with Microsoft‘s latest operating system. As always, the answers to these questions may change as we move through the certification cycle. You’re welcome to monitor or subscribe to this blog for later updates.
  • SuccessFactors underwriters exercise option
    SuccessFactors Inc., a business-software maker, said Friday that the underwriters of its public offering exercised in full their option to buy an additional 1.8 million shares of the company’s common stock. On Tuesday, the company announced a public follow-on offering of 12 million shares of its common stock at $15.50 per share. With the full exercise of the option to buy additional shares, total gross proceeds of the offering are expected to be about $215 million.
  • Informatica Joins Ranks Of Elite Enterprise Software Companies
    So kiss the “quiet” part goodbye. On top of that, stressing that its independent status allows it to avoid industry in-fighting and instead concentrate on tying together customer data no matter how mottled the pedigree, Informatica CEO Sohaib Abbasi also expects the company to exploit aggressively today’s cloud-computing phenomenon by giving CIOs more tools for delivering and presenting high-value and trusted data and information across the enterprise regardless of whether they reside in on-premises legacy apps or in clouds from Amazon (NSDQ: AMZN) or others.
  • Informatica Achieves Top Marks for Customer Loyalty for Data Integration for Fourth Consecutive Year
    Informatica received top marks in Customer Loyalty in the 2009 Data Integration Customer Satisfaction survey conducted by independent research firm TNS, a world leader in market insight and information…Indeed, 86% of Informatica customers surveyed recognize Informatica as the technology leader, and over 90% intend to repurchase more product.
  • Informatica Reports Record Third Quarter License Revenues, Total Revenues and Earnings
    Revenues for the third quarter of 2009 were $123.4 million, up eight percent from the $113.8 million recorded in the third quarter of 2008. License revenues for the third quarter were $50.0 million, up nine percent from the $45.8 million recorded in the third quarter of 2008. Income from operations for the third quarter, calculated in accordance with U.S. generally accepted accounting principles (GAAP), was $22.3 million, up 26 percent from $17.7 million in the third quarter of 2008. GAAP net income for the third quarter was $16.2 million or $0.17 per diluted share, up 21 percent from $13.4 million or $0.14 per diluted share in the third quarter of 2008. For the three-month periods ended September 30, 2009 and September 30, 2008, earnings per diluted share was calculated on an “if converted” basis, including the add-back of $1.0 million and $1.1 million, respectively, of interest and convertible notes issuance cost amortization, net of income taxes. Non-GAAP income from operations for
  • Epicor Software shares rise 10 pct on broker upgrade
    Benchmark Capital upgraded the business-software maker’s stock to ‘buy’ from ‘hold,’ and said it could be a takeout candidate in the near to intermediate term. Epicor, which was the target of a hostile takeover bid from hedge fund Elliott Associates in 2008, had entered into a standstill agreement with Elliott early this year.
  • NetSuite OneWorld Helps Boost ABS-CBN Global’s Customer Support and Fulfillment Processes
    NetSuite Inc. (NYSE: N), a leading vendor of cloud computingbusiness management software suites, announced today that ABS-CBN Global Limited and its worldwide subsidiaries have adopted the NetSuite OneWorld solution to strengthen some of its vital business processes. In particular, the leading global Filipino company has utilized the following NetSuite modules: accounting / ERP, inventory and order management, customer support and customer relationship management (CRM), partner and reseller management, and sales and marketing report generation and analysis. As a result, the company has gained greater flexibility to expand to new regions and modify its product and marketing mix. The NetSuite OneWorld solution also makes it easy for ABS-CBN Global to report results to its parent company which makes use of SAP as its enterprise-wide financial application.
  • Sybase CEO John Chen Addresses the Company`s Q3 2009 Financial Results in Video Interview
    Sybase, Inc. (NYSE:SY), an industry leader in delivering enterprise and mobile software, today reported financial results for the third quarter ended September 30, 2009, reporting record third quarter revenue and earnings, driven by 32% database license growth and 18% messaging growth.Watch the video interview with Sybase Chairman, CEO and President John Chen for insight into Sybase`s Q3 2009 earnings results and his perspective on economic trends impacting the technology sector.
  • Sybase Reports Record Third Quarter Revenue and Earnings, Driven by 32% Database License Growth and 18% Messaging Growth
    istorical third quarter records achieved in total revenue, operating income, operating margin, net income, EPS, and cash flow from operations * Database license revenue increased 32% and 35% in constant currency * Messaging services increased 18% and 23% in constant currency * GAAP operating income up 34% to $70.9 million, representing operating margin of 24% * Non-GAAP operating income up 28% to $86.9 million, representing operating margin of 30% * GAAP EPS up 17% to $0.43, non-GAAP EPS up 16% to $0.63 * Cash flow from operations increased 95% to $104.9 million
  • Sybase 3Q Earnings Jumps 20% On Higher Rev, Raises 2009 View
    Sybase Inc.‘s (SY) third-quarter profit jumped 20% as the software company reported higher revenue and lower costs, in results that easily topped Wall Street’s expectations. Shares rose 2.2% to $42.15 in premarket trading as the company also raised its full-year targets. The stock is up two-thirds this year. Sybase now sees 2009 non-GAAP earnings of $2.33 to $2.35 a share on revenue of $1.14 billion to $1.15 billion, up from its July view of $2.23 to $2.27 and $1.11 billion to $1.12 billion, respectively. For the fourth quarter, Sybase anticipates a profit of 66 cents to 68 cents on revenue of $305 million to $310 million. Analysts surveyed by Thomson Reuters expected 66 cents and $303 million.
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