I took last week off and it looks like that was fortunate in terms of nothing happening in the enterprise software space of interest to investors. A quick Google this morning showed me that folks looking up the Wikipedia definition of enterprise software as the hottest search last week, a sure sign of a dead news cycle.
Further digging tells me that SAP announced its first quarter results and the market appropriately yawned. But it was good timing for those new guys though. I would not read too much into this because the beat was against an abysmal 2009 quarter.
And Microsoft (MSFT)--tied to an annual enterprise software user group meeting that used to be Great Plain's fun in the sun bash--made its annual announcement about a big push into customer relationship management. For more on Microsoft's first quarter, see my last post before I vacated.
I saw there was some followup excitement fron IBM's April 19 announce but remember its CFO warned "its first-quarter revenue would have been flat at constant currency rates."
And how come no one is saying that the government is buying a lot of IT? Where is that stimulus money going anyways?
-- Dennis Byron
(no financial interest in companies mentioned except for the $12 a year I spent on Office. I do see that I officially have a big financial decision coming up on June 30 on whether I upgrade to Office 2010 and risk another $50. That announcement officially means another crazy Microsoft fiscal year of deferred revenue accounts.)
Further digging tells me that SAP announced its first quarter results and the market appropriately yawned. But it was good timing for those new guys though. I would not read too much into this because the beat was against an abysmal 2009 quarter.
And Microsoft (MSFT)--tied to an annual enterprise software user group meeting that used to be Great Plain's fun in the sun bash--made its annual announcement about a big push into customer relationship management. For more on Microsoft's first quarter, see my last post before I vacated.
I saw there was some followup excitement fron IBM's April 19 announce but remember its CFO warned "its first-quarter revenue would have been flat at constant currency rates."
And how come no one is saying that the government is buying a lot of IT? Where is that stimulus money going anyways?
-- Dennis Byron
(no financial interest in companies mentioned except for the $12 a year I spent on Office. I do see that I officially have a big financial decision coming up on June 30 on whether I upgrade to Office 2010 and risk another $50. That announcement officially means another crazy Microsoft fiscal year of deferred revenue accounts.)
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