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An increase in licence fees has played a central role in driving a 15 percent profit boost for Australian software company TechnologyOne for the 12 months ending September 30.
Despite a smaller-than-expected operaiting profit, the German software maker has raised its 2014 outlook for cloud-based products.
Honeywell's plan to boost profit margins over the next five year largely revolves around software engineers, user experience and application development.
As computing systems become commoditized, the "profit pools are going to evaporate" for enterprise software vendors, said Whitehurst.
Vendors of software as a service aren't making money. So what will happen to SaaS pricing when they decide to try and turn in a profit?
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Indian software services provider books 68.5 percent rise in second quarter net profit; promotes current COO and president Anant Gupta to replace Vineet Nayar as CEO.
The German software giant also said its fourth-quarter operating profit rose by 10 percent, but the firm was less profitable than it was in 2011.
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Indian software services giant posts a 23 percent rise in net profit at US$651 million for quarter ended Dec. on the back of a "well rounded performance", fueling hopes of wider tech spending pickup.
The enterprise software deployment is one of the biggest change-management projects that the Red Cross has ever undertaken, according to the non-profit organisation.
India’s largest software services provider beats market forecasts with a net profit of US$652 million, on the back of broad-based growth driven by manufacturing, retail, telecom, banking and financial services.
The Indian software services provider posted a 78 percent on-year jump in net profit, with larger contract wins and margins, sending shares to highest levels in 12 years.
India software services exporter posts 67.3 percent rise in fourth quarter net profit to 8.54 billion rupees (US$151 million) from last year, after winning more outsourcing orders and increasing profitability.
Microsoft recently extended its software donation program for non-profit organisations, enabling more charities to participate.
Strong software sales push the tech giant to rises in revenue and profit, despite a drop in hardware sales, as it shifts focus from x86 systems to high-end servers
The company reported strong third-quarter results on the back of Exadata and Exalogic sales, while it forecast it would make $1.5bn in profit from its Sun business
SAP's fourth quarter profit was hurt by a hefty payment to Oracle over the TomorrowNow lawsuit, but the software company's operations showed improvement.
The not-for-profit software organisation Linaro will be backed by several key software manufacturers all working on Linux-derived products, according to an announcement from the company.Canonical, Genivi, HP, the LiMo Foundation and MontaVista have all agreed to become advisors to the Linaro programme which aims to speed up and facilitate the development of open source software.
Accountancy and business software maker Sage reported a 20 percent rise in pre-tax profit for the financial year ended 30 September on Wednesday.The company reported pre-tax profits of £319.
Most Chinese channel partners rely heavily on hardware as their largest revenue stream, but industry analyst warns profit margins in this segment drying up and urges resellers to focus instead on software development and service delivery markets.
Following a month that saw software giant Oracle lay OpenSolaris to rest amid a chorus of controversy, a non-profit software community quietly worked to reignite the platform's ailing flame through a new project.