Salesforce.com just keeps topping its own as well as Wall Street’s expectations, reporting a 50 percent jump in fourth-quarter revenues compared with the same quarter a year ago. The company’s strong fourth-quarter and fiscal 2008 results, released on Feb. 27, prompted it to increase its guidance for the coming year. In 2009 Salesforce.com expects to […]
LAS VEGAS-China is closing the technology gap with the U.S. every year, but it will be many years before it challenges the U.S. for dominance of the technology market, according to Fred Hu, co-head of Investment Banking for China at Goldman Sachs. The country is also improving human rights conditions and vows to resume a […]
LAS VEGAS – Goldman Sachs is putting a decidedly bleak spin on its U.S. IT spending outlook for the remainder of 2008. At the company’s Technology Investment Symposium here in Las Vegas, analysts said tech spending in the U.S. market will likely decrease by two percentage points, from 7 percent in 2007 to 5 percent […]
Lawson Software announced Feb. 22 that it has agreed to acquire VasTech, a workforce management software vendor. The acquisition strengthens Lawson’s vertical market strategy as well its human capital management play. VasTech has 45 employees. The company’s workforce management software is aimed at the health care, hospitality and gaming industries with staffing and scheduling applications. […]
A preliminary report released Feb. 20 by three independent directors investigating the stunning $7.1 billion loss at Soci??«t??« G??«n??«rale found that rogue trader J??«r??me Kerviel began making unauthorized trades as early as 2005 and that the bank’s internal controls failed to uncover his activities. The report, commissioned by Soci??«t??« G??«n??«rale’s board of directors and reviewed […]
While green IT is gaining a lot of attention and investment in the high-tech industry, the related concept of corporate social responsibility has only been tackled by a few of the largest software developers in the business. But now CSR (corporate social responsibility) software, which gives enterprises tools for tracking the amount of resources, such […]
Maybe IDS Scheer is the hidden jewel of the software world. Maybe it is the hidden champion of the overall enterprise (and service-oriented architecture) infrastructure. Maybe it is not a bad thing to have more on the back than you have on the front. So says Dr. August-Wilhelm Scheer, founder, chairman and chief technology advisor […]
Business process management software maker IDS Scheer announced in January that it had signed an agreement with SAP America, the U.S.arm of SAP AG, to support its efforts to build a partner ecosystem and distribution model for SAP‘s new on-demand suite, Business ByDesign. The back story for that announcement is that in 2006 SAP announced […]
Oracle is taking on multi-tenancy. The company announced Feb. 19 the Single Tenant, Enterprise Edition of its namesake Siebel CRM On Demand software. The suite is designed to provide the same basic benefits as the more traditional multitenant Software as a Service offering: one subscription-based application for all customers, upgraded simultaneously. Where Oracle’s single tenant […]
ORLANDO, Fla.-IDS Scheer, which has made its living building business process modeling software, is developing its own execution engine. But company officials acknowledge that they have a fine line to walk in creating the execution engine while not endangering the partnerships they have with some of the world’s largest software makers, including SAP, Oracle, Microsoft […]