| Software Stocks Get Mixed Ratings
Analysts attempted to sort out whether small growth companies or big-ticket defensive stocks were better suited to the tough environment. Tibco (TIBX - Cramer's Take - Stockpickr) was hardest hit by a Goldman Sachs downgrade, while investors also punished Salesforce.com (CRM - Cramer's Take - Stockpickr) . That company started the week with both an upgrade and a downgrade. On a day when the iShares S&P GSTI Software Index was down a penny to $49.11, Tibco, which develops business management software, was off 78 cents, or 10.2%, to $6.84 in morning trading. Salesforce, which delivers subscription-based software over the Web, was down $2.85, or 4.8%, to $56.01. Expecting slower software demand driven by economic uncertainty in early 2008, Goldman Sachs issued sell ratings on both stocks.
Category: Broadband
Between the Lines Latest Post | Last 10 Posts | Archives Podcast: A look back at 2007 Posted in: IT Management Wired & Wireless Web Technology Mobile Dan & David Show Entertainment Office 2.0 Apple Google Microsoft Datacenter SaaS IP Telephony SAP Utility computing Hewlett-Packard iPhone eBay Business Intelligence virtualization Salesforce.com Social networking Broadband Amazon ERP Green Tech Enterprise 2.0 Facebook This is our last Dan & David Show for 2007, and we look back at some of the major stories and trends of the year. We discuss the impact of the iPhone, cloud-based applications, social networking, software-as-a-service, green IT, industry consolidation and Web 2.0. You can download the podcast directly to your desktop or MP3 player if you're subscribed to our podcasts (See ZDNet's podcasts: How to tune in).
BT pumps millions into customer service system
BT is to roll out an upgraded system for its online customer service after signing a multimillion dollar contract with CRM software company, RightNow. The five year deal will see RightNow provide BT with a knowledge management system for 10,000 contact centre staff, to use when dealing with customer queries. It will also include a system to respond to email queries more quickly and a live IM-style service for customers to have queries answered by support staff. Information on the database can be updated in response to the kinds of questions being submitted and the answers that are given. David Thomson, senior business director at BT Retail, said the technology means the company can offer a "superb customer experience" and keeps it ahead of the competition.
Platform Computing Acquires Scali Manage Business
TORONTO, and MARLBOROUGH, Mass., Oct. 29 /PRNewswire/ -- Platform Computing announced today it has acquired the Scali Manage business from Massachusetts-based Scali Inc. Scali Manage(TM) is an integrated and flexible High Performance Computing (HPC) cluster management and monitoring system. This strategic acquisition supports Platform's vision to be the partner of choice for HPC infrastructure software worldwide. The Scali Manage product complements Platform's existing HPC offerings and extends Platform's products' cluster and grid management capabilities. While the use of clusters and grid infrastructure is on the rise, the integration and management of these systems remains complex. Products such as Platform Open Cluster Stack (OCS)* and Scali Manage have been developed specifically to improve performance, simplicity, and lower the support cost necessary to operate a HPC infrastructure.
Emptoris builds momentum; announces an acquisition and new service ...
Building on the momentum gained from its merger with diCarta earlier this year, Emptoris today announces its acquisition of Mindflow Technologies as well as new service offerings. Revenue from sales of the company's supply and contract management software increased by 68% in the first half of this year, compared to the same period in 2005, says Ammiel Kamon, senior vice president of marketing and product management. "We're excited by the growth. We have positive momentum from the business fueling our ability to do more." Emptoris also has recently doubled its sales force. The company now employs 380 people all told. Kamon sees the acquisition as having benefits for both Emptoris and Mindflow customers. Mindflow gives Emptoris a foothold in the food and beverage and retail industries as well as expertise in product management and development.
Eastridge Technology gets contract with Biscuitville
Biscuitville Inc. said yesterday that it has contracted for software services from Eastridge Technology Inc. to improve its data integration and reporting from individual restaurants. Eastridge, based in Winston-Salem, creates custom software programs for businesses, including workflow-management systems. Eastridge's service allows the company to receive real-time reports from each restaurant and get more accurate and timely data. .
Collexis Announces New GM for Government Business Sector
COLUMBIA, S.C., Sept. 27 /PRNewswire-FirstCall/ -- Collexis (OTCBulletinBoard: CLXS) , a leading developer of knowledge management (KM) and discovery software, recently announced that Jon Lieberman has assumed the position of General Manager for Government and Strategic Accounts for the Americas. "Jon brings us 20 plus years of experience leading services, systems and software teams with federal government contract work," said Collexis CEO Bill Kirkland. "After beginning his career in the U.S. Department of Labor public information office, Jon built two successful media and technology services companies for government contracting. In the last ten years, he had represented a series of vanguard software technologies including Convera, Siderean, and Vivisimo to federal and civilian clients, as well as arranged key technology and integration partner business relationships." Lieberman was Convera's most successful manager of DOD and defense intelligence business over its more than 20-year history.
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