SAP released their second quarter earnings last Tuesday. The company’s revenue surged 18%, beating Wall Street expectations and causing the stock to close up nearly 10%. Since the results were released, the stock has been trading in the same price band, which is near its seven-month high. The stock closed at $57.86 yesterday, just two
LucidEra, the on-demand business intelligence solution provider was founded in 2005 by Ken Rudin, John Sichi and Tai Tran. We had featured Ken Rudin, the CEO of LucidEra last year in an interview.
SAP (Nasdaq: SAP) made an uncharacteristic move yesterday by announcing that it is acquiring French company Business Objects (Nasdaq: BOBJ) for $6.78 Billion. The $59 a share price being offered is a 20% premium over Friday’s closing price for the Business Intelligence market leader. I had said in an earlier column, that SAP’s strategy would
Informatica Corporation (NASDAQ: INFA) is a leading data integration enterprise that serves over 2,850 companies worldwide for their end-to-end data integration needs. The various enterprise-wide data integration and data quality solutions that its products support encompass a vast range including data consolidation, data synchronization, data governance, and data warehousing. INFA’s data quality products also support
By David Hatch, Guest Author In May of 2007, Cognos announced the availability of “Cognos Now!”, a “BI Appliance”/SaaS BI offering that comes via the acquisition of Celequest this past January. In June, Ingres (an open source database provider) announced the completion of work on a “BI Appliance” with JasperSoft (a provider of open source
The view from the top is getting clearer. The Business Intelligence companies that are relatively big and have strong appetite to digest acquisitions are either filling gaps in their product lines or expanding market share. COGN makes Business Intelligence and Performance Management software and has over 23,000 clients worldwide. Cognos’ (NASDAQ: COGN) latest buy, Applix
Business Objects (NASDAQ: BOBJ), a French company that provides business intelligence (BI) to enterprises, is riding high on superlative second quarter performance announced on July 25. All its 3 major revenue lines – licensed software (Q2/07 revenue $149 million, up 21% year-over-year), maintenance ($152 million, +23% y-o-y) and global services ($62 million, +29% y-o-y) –
By David Hatch, Guest Author In my last post, I discussed how On-Demand BI may not be just for SMBs, based on some recent research findings, and that corporate plans for On-Demand delivery of BI applications (SaaS, Hosting, BI-Appliances) may be gaining ground within organizations of all sizes more rapidly than has been generally reported.