Good ideas trump an even dismal economyRecently, Lumigent, a software firm in the GRC space closed a recapitalization round of $6 million (USD). Lumigent, an eight-year old firm, expects this to be its last venture backed round of capital as it anticipates profitable operations by next year.
Software & Services Safari
Many writers explore just one tech sector. Brian looks at the entire tech ecosystem to better understand the often conflicted relationships between software vendors, integrators, outsourcers and more.
Brian is currently CEO of TechVentive, a strategy consultancy serving technology providers and other firms. He is also a research analyst with Vital Analysis.
Rarity in the software industryMichael Treacy and Fred Wiersema wrote a great business book a few years back called “The Discipline of Market Leaders”. In essence, they posited that market leaders are strong in one three key disciplines: product innovation, operational excellence (low cost leadership) or customer intimacy.
SAP to go on Slim-Fast? Can they make the apps as lean as the company?
Not Quite a 12-Step Plan But CloseI was speaking with a top executive of a major software firm this week regarding morale and the economy. She indicated that her firm’s strategy for layoffs follows a predictable pattern:- Step 1 – Do a round of layoffs that cut out a lot of dead wood and kill several programs/initiatives that probably should have been cut some time ago.
The Firms That Use These Workers Could Be Hurt, Too!When Microsoft announced its layoffs this week, they also indicated that a number of non-U.
60 Years for Texas Ponzi SchemerTexas is not a place where you want to be tried for crimes. Take it from someone who lived most his life there, criminality is very much frowned upon there.
Why he couldn’t have acted aloneAccording to the Financial Times, former Satyam chairman Raju may have been quite busy in the deception he orchestrated. In this article, we learn that:The former chairman of Satyam Computer Services inflated the size of the outsourcing company’s workforce by nearly one-quarter and siphoned off the wages of the fake employees, Indian authorities have claimed.
Best Practice in IT Management - Has PPM's time come?PPM (Project Portfolio Management) software products have been around several years now.
CEO InterviewA couple of weeks ago, I chatted with Oren Michels of Mashery and that conversation is still rattling around my mind. Why?
A PSA and CRM Link-upLast week, NetSuite made a number of announcements regarding their OpenAir PSA (Professional Services Automation) solution and the integration this product line has with Salesforce.com’s CRM product line.