April 8, 2012 |
Microsoft has joined with some of its big technology clients to fill showrooms in Malvern and 26 other business centers around the globe with fancy, elegant gadgets and applications designed to make offices obsolete. Think. for example, of iPads as big as your wall or as accessible as your home TV screen, where colleagues, clients, and customers can share notes, data, and links, and design and promote projects, in real time. A Canadian company, Smart Technologies, has developed generations of these interactive whiteboards over the last 20 years.
December 22, 2011 |
Technology stocks fell Wednesday, dragged down by a weak earnings report from the business software maker Oracle Corp. Broad market indexes were flat. The Dow Jones industrial average eked out a gain of 4 points after having been down most of the day. The Dow was down 104 points at midday, led by technology stocks. The rare earnings miss by Oracle raised worries that weak government and business spending might hurt other big technology companies. International Business Machines Corp., the largest computer-services company, was by far the biggest loser in the Dow, falling 3.1 percent to $181.47.
December 12, 2011 |
If starting a business is hard, then imagine leaving a steady job at SAP A.G . to start one when you also are a mother to four boys under 7. That's what Joanne Lang did in July 2010, when she took the entrepreneurial plunge with her AboutOne Inc. , an online organizational tool for families. How did she possibly manage it? Lang, 41, made sure her financial situation enabled her to live without a salary for a year. Giving her nanny options in the start-up was key, she said.
March 24, 2008 |
Since 2002, William R. "Bill" McDermott's purview has expanded steadily around the globe as an executive at German software developer SAP AG in Newtown Square. First he was chief of its North American division, then added Latin America, and his division now includes India, China and Japan. Not bad for a 46-year-old executive, who also had been one of the youngest executives at Xerox Corp. before coming to SAP. From SAP's 500-acre campus at West Chester Pike and Route 252, McDermott directs 18,000 employees, including 2,158 in Newtown Square.
October 20, 2006 |
After a profitable second quarter that many analysts nonetheless considered a stumble, SAP AG seems to have regained its footing in the third quarter. It announced yesterday that software license sales increased 17 percent to 691 million euros, or $866 million, compared with 590 million euros, or $743 million, in the third quarter of 2005. The quarter also served as validation - temporarily at least - of SAP's steady-as-she-goes business strategy, which came under attack recently by rival software-maker Oracle Corp.
September 21, 2006 |
As shares of Oracle Corp. paced gains on Wall Street yesterday after a glowing earnings report late Tuesday, rival SAP AG scrambled to douse incendiary remarks made at its expense by Oracle officials. Germany-based SAP has its headquarters for North and South America in Newtown Square, where it employs about 1,500. In releasing better-than-expected fiscal first-quarter earnings results Tuesday, Oracle president Larry Ellison said a shaken SAP was rethinking its strategy. He also said his rival was delaying a major product release until 2010.
July 27, 2006 |
The Pennsylvania Turnpike Commission has become the first official customer for Duet, a major release from software heavyweights Microsoft Corp. and SAP AG. The Turnpike Commission said yesterday that it would pay about $30 million for the project, which was scheduled to take 30 months to fully implement. Duet creates a bridge between SAP software, which automates back-office functions such as accounting and supply-chain management, and Microsoft, with which most cubicle workers are familiar through its Office suite of e-mail, word-processing and number-crunching programs.
April 19, 2006 |
For all the talk of information-technology jobs going overseas, one area high-tech firm sees the United States as still a good place to do business - and to employ programmers. The firm, QlikTech (pronounced click-tech), is Swedish. At least it was until a few weeks ago, when it moved its world headquarters from Lund, Sweden, to Radnor. "In order to become a really global company with really global success, you have to succeed in the U.S.," said M?ns Hultman, the Swedish chief executive officer of QlikTech.
October 21, 2005 |
SAP AG easily beat analysts' third-quarter profit expectations, largely led by torrid software sales growth in its Newtown Square-based U.S. division. The German software company said revenue for the quarter grew 13 percent to 2.01 billion euros, or $2.4 billion, from 1.78 billion euros. Profit was 334 million euros ($400 million, or $1.29 a share), a 15 percent increase from 291 million euros for the third quarter of 2004. Analysts had been expecting net income of 327 million euros, or $391 million.
September 13, 2005 |
Oracle Corp., the world's second-largest maker of business software behind SAP AG, said yesterday that it will buy competitor Siebel Systems Inc. for $5.85 billion, or $10.66 a share, in cash and stock. By Oracle's method of reckoning, the move placed it ahead of Germany-based SAP in selling customer service software, but an SAP official disputed that. SAP's U.S. headquarters is in Newtown Square. Oracle is based in Redwood Shores, Calif.; and Siebel, in San Mateo, Calif. The addition of Siebel's customers will "strengthen our number-one position in applications in North America and move us closer to the number-one position in applications globally," Oracle chief executive officer Larry Ellison said.