Biz-Intelligence Vendors Log Healthy Quarter - InformationWeek
IoT
IoT
News
News
7/26/2002
02:25 PM
50%
50%
RELATED EVENTS
Building Security for the IoT
Nov 09, 2017
In this webcast, experts discuss the most effective approaches to securing Internet-enabled system ...Read More>>

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
Comments
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
2017 State of IT Report
In today's technology-driven world, "innovation" has become a basic expectation. IT leaders are tasked with making technical magic, improving customer experience, and boosting the bottom line -- yet often without any increase to the IT budget. How are organizations striking the balance between new initiatives and cost control? Download our report to learn about the biggest challenges and how savvy IT executives are overcoming them.
Video
Slideshows
Twitter Feed
Sponsored 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.
Flash Poll