SAP has great 2011, but cloud is tiny

SAP has great 2011, but cloud is tiny

SAP today announced Q4 and full-year 2011 results that confirm its news release on January 13. In a nutshell, total revenue in 2011 was €14.2 billion, up 14%, while software revenue was just under €4 billion, up 22% from a year earlier (helped by the Sybase...

Acquisition mania

I’ve been working on a mid-year update of my market numbers for CAE (which show better than expected growth to date in 2011) and am stunned by the rapid pace of acquisitions we’ve seen this year. It’s one thing to note them as they happen, but when...

News you may have missed, 16 Sept

The industry’s acquisition binge continues, with news of a new deal just about every week: Bentley invests in TEEC Bentley Systems announced yesterday that the company has taken a minority equity stake in The Engineering Essentials Company (TEEC) and placed a person...

News roundup for August 12

Last week’s earnings fever has died down, but there were still a couple of items of note this week when much of the northern hemisphere is on vacation: CENIT CENIT reported this week that it saw “increased demand … especially from the manufacturing industry and...

DS: balanced growth in Q2

The first thing to note about Dassault Systèmes’ earnings release is that it is a complicated, day-long affair that involves face-to-face meetings with analysts in Paris, interviews with Bloomberg news and other outlets and an analyst earnings telephone call —...

News bits: SAP and ESI

Earnings season is in full spate, which makes it hard to keep up with all of the news coming out of the vendor community.  Here are a couple you may have missed: SAP AG SAP confounded investors on Thursday with results that were below expectations for the first...

Acquisition fever building

Hot on the heels of yesterday’s $5.8 billion deal which has Sybase joining SAP in the battle against Oracle, comes news that IBM may be entering the acquisition fray.According to an article at BusinessWeek [online edition], IBM is rolling out a plan to spend $20...

Better economy, PLM priority lead to PTC’s growth

Earnings season begins today for the engineering software space (although AVEVA did hint at its results two weeks ago), with PTC announcing March quarter revenue slightly below expectations at $240.6 million, but still up 7% from last year. The company also adjusted...

Poor performance leads to management shakeup at SAP

SAP announced over the weekend that CEO Leo Apotheker was resigning, effective immediately, and that Jim Hagemann Snabe, head of product development, and Bill McDermott, in charge of field operations, would assume the roles of co-CEO.The change is perhaps not a...

SAP blinks, delays maintenance hike

You just gotta love spin: “In a demonstration of its commitment to customer satisfaction, SAP [on January 14] announced the introduction of a comprehensive, tiered support model” that leaves 2010 pricing at 2009 levels. Recall that SAP tried to move all customers to a...