News
News
7/26/2002
02:25 PM
Connect Directly
RSS
E-Mail
50%
50%

Biz-Intelligence Vendors Log Healthy Quarter

Business-intelligence vendors, led by Business Objects SA and Crystal Decisions Inc., reported gains in the June quarter. Companies' need for more visibility into their businesses and closer scrutiny of financial operating results is driving demand, Business Objects CEO Bernard Liautaud says.

Business Objects reported revenue of $111.2 million for its second quarter ended June 30, up 10% from the same period last year. Net income was $11.9 million, up 8%. License fees fell slightly to $60.9 million, while service revenue increased 24% to $50.3 million.

Crystal Decisions had revenue of $61.4 million for its fourth quarter ended June 28, a 32% increase from the same period last year. It wasn't all great news. Brio Software Inc.'s net income was $1.8 million in its first quarter ended June 30, up from a $7.6 million loss a year earlier. Its sales fell 11% year to year, to $26.1 million. Hummingbird Ltd. had a $1.8 million net loss on $44 million in sales, down from net income of $6.5 million on sales of $48.2 million last year.

Comment  | 
Print  | 
More Insights
The Business of Going Digital
The Business of Going Digital
Digital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Tech Digest - July 22, 2014
Sophisticated attacks demand real-time risk management and continuous monitoring. Here's how federal agencies are meeting that challenge.
Flash Poll
Video
Slideshows
Twitter Feed
InformationWeek Radio
Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.