Extranets Shine For Business Objects - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Extranets Shine For Business Objects

French business-intelligence software maker Business Objects SA reported that its first-quarter extranet revenues rocketed 365% over the same quarter a year ago. Business-to-business extranet operations pulled in $5 million during the quarter, ended March 31, compared with $1.1 million a year ago.

That jump helped boost net revenue 47% during the same period, from $49.5 million last year to $72.6 million this year. Net income for the quarter was $7 million, or 16 cents per share, compared with $3.2 million, or 8 cents, a year ago.

In January, the company launched an extranet version of its performance-analysis product, WebIntelligence, which gives suppliers and customers the same access to analysis tools as internal users.

"Global corporations are making enterprisewide commitments to deliver information beyond just those [working] at the company, but also to business partners and suppliers," says Mark Smith, an analyst with Meta Group. "Because license prices are high, customers are negotiating larger deals to get discounts."

License fees for Business Objects' business-intelligence platform alone accounted for $45 million of total revenue.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
2021 State of ITOps and SecOps Report
2021 State of ITOps and SecOps Report
This new report from InformationWeek explores what we've learned over the past year, critical trends around ITOps and SecOps, and where leaders are focusing their time and efforts to support a growing digital economy. Download it today!
InformationWeek Is Getting an Upgrade!

Find out more about our plans to improve the look, functionality, and performance of the InformationWeek site in the coming months.

Remote Work Tops SF, NYC for Most High-Paying Job Openings
Jessica Davis, Senior Editor, Enterprise Apps,  7/20/2021
Blockchain Gets Real Across Industries
Lisa Morgan, Freelance Writer,  7/22/2021
Seeking a Competitive Edge vs. Chasing Savings in the Cloud
Joao-Pierre S. Ruth, Senior Writer,  7/19/2021
Register for InformationWeek Newsletters
Current Issue
Monitoring Critical Cloud Workloads Report
In this report, our experts will discuss how to advance your ability to monitor critical workloads as they move about the various cloud platforms in your company.
White Papers
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.
Sponsored Video
Flash Poll