 |
Beefed-Up Bellwether
Business Objects' rivals don't like to hear the software company referred to as a "BI Bellwether." But despite advances made by the likes of Cognos and Hyperion in recent months, a bellwether is exactly what Business Objects continues to be. That said, Business Objects' most recent earnings indicate customers are maintaining a healthy appetite for BI tools. Sales during Business Objects' second quarter rose 18 percent to $262.4 million, while the company's bottom line better than doubled, to $23.1 million. Significantly, sales of software for performance management -- an technology area where many believe Business Objects has lagged behind Hyperion and Cognos -- rose 36 percent. Those results don't include any benefit from Business Objects' acquisition of SRC Software, which isn't expected to finalize until later this year. Business Objects is bigger than most of its rivals in terms of sales -- unless you include advanced analytics maker SAS, which now positions itself as a business intelligence firm. But Business Objects' size alone isn't what's driving its current success. Early indications are that the other BI vendors and data integration firms are turning in financials that outshine last year's results. The demand is out there. It would overstate things to say the world of BI has transformed into a seller's market, but for now at least, rising tides are lifting most boats on the vendor side. Including the industry bellwether.  E-MAIL | SLASHDOT | DIGG This is a public forum. CMP Technology and its affiliates are not responsible for and do not control what is posted herein. CMP Technology makes no warranties or guarantees concerning any advice dispensed by its staff members or readers. Community standards in this comment area do not permit hate language, excessive profanity, or other patently offensive language. Please be aware that all information posted to this comment area becomes the property of CMP Media LLC and may be edited and republished in print or electronic format as outlined in CMP Technology's Terms of Service. Important Note: This comment area is NOT intended for commercial messages or solicitations of business.
|
|
Blog Channels
Cindi Howson on Business Intelligence The Brain Food Blogger Tony Byrne on Content Management SQL Puzzlers by Joe Celko Rajan Chandras on IT & Information Management Seth Grimes on Analytics In Context by Doug Henschen Phil Kemelor on Web Analytics Sandy Kemsley's Column Two Nelson King on Enterprise App Development David Linthicum on Software as a Service Natural Insight, By Mark Madsen Alan Pelz-Sharpe on Content Management Mark Smith on Performance Management Neil Raden on Business Intelligence Bruce Silver on Business Process Management Product Maven  Subscribe to RSS Archives
|
|
|