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Larry Barrett

Salesforce Scampers Past 2Q Estimates

SaaS pioneer Salesforce had no trouble exceeding analysts’ estimates in its second quarter today, posting a profit of $14.7 million, or 29 cents a share, excluding one-time charges and expenses. For the quarter, Salesforce (NYSE: CRM) recorded sales of $394…

SAP (Finally) Releases Business ByDesign 2.5

SAP kept its word to investors and customers this week by releasing Business ByDesign 2.5, the oft-delayed on-demand enterprise resource planning (ERP) and customer relationship management (CRM) suite update that could very well make or break the company’s reputation in…

SAP Rolls Out Online Collaboration Apps

Desperate to demonstrate it can deliver a worthwhile cloud-based application platform to keep pace with Google, Oracle, Cisco and Microsoft, SAP is rolling out StreamWork, an on-demand collaborative decision-making suite that lets users create and share documents, wikis and applications…

CEO Ouster Latest Sign of Woes at CRM Leader

SAP CEO Leo Apotheker resigned unexpectedly from his post this weekend, after the company said Apotheker and its supervisory board had reached a “mutual agreement” to not extend his contract. Apotheker, whose tenure atop the business software giant lasted just…

Investors Punish NetSuite Despite Decent 4Q

Shares of on-demand software provider NetSuite plunged more than 15 percent Friday as investors sold off the stock even though it posted fourth-quarter sales and earnings that were in line with analysts’ consensus estimates. NetSuite (NYSE: N) shares fell below…

Salesforce.com Put Itself in Play?

Salesforce.com shareholders received an unexpected gift Monday after Silicon Valley Watcher, a tech industry blog, reported the on-demand business applications vendor recently approached merger-crazy Oracle about a possible union. The posting was then picked up by a variety blogs and…

IBM Teams Up With SAP on ‘Atlantic’

IBM and SAP on Monday announced plans to release a jointly developed application that allows employees to access SAP’s Business Suite applications through their Lotus Notes desktop client. Code-named Atlantic, the software will let users tap into SAP’s applications for…

NetSuite Raises IPO Price

NetSuite on Tuesday raised the price range for its highly anticipated initial public offering from between $13 a share and $16 a share to between $16 a share and $19 a share, according to a filing with the Securities and…

VMware Gets SAP’s Vote of Confidence

VMware on Tuesday got even more validation for its virtualization software suite, thanks to a deal that will see SAP providing support for all of its business applications running on VMware’s ESX Server software. As a result of the agreement,…

Just In Time: SAP Delivers CRM 2007

SAP on Tuesday released an upgrade of its CRM 2007 software suite featuring a new user interface and support for Web 2.0 applications in the enterprise. The software is available in packaged and hosted versions and, at least for now,…

SAP Primes SaaS Reseller Pump

SAP finally built it. Now it’s time to find out if customers will come for Business ByDesign. The enterprise software firm on Monday took what it hopes will be a step in the right direction when it announced 13 of…

SAP Readies New Developer Perks

SAP on Tuesday will disclose the details of a new licensing model that it hopes will entice at least another 600,000 developers to start building new applications on its NetWeaver platform by the end of next year. Mark Yolton, vice…

SAP’s On-Demand Strategy Draws Tepid Reviews

A day removed from the debut of its first software-as-a-service (SaaS)  offering, Business By Design, SAP on Thursday got immediate and what can only be called less-than-enthusiastic feedback from the very people it most hoped to please.SAP CEO Henning Kagermann…

Salesforce.com Takes Wraps Off Force.com

SAN FRANCISCO—Saleforce.com CEO Marc Benioff kicked off the Dreamforce 2007 conference Monday by unveiling the particulars of Force.com, the on-demand application development platform the company believes will forever change the way companies develop, design and access business software applications. During…

Salesforce COO Takes Top Job at CacheLogic

Salesforce.com COO Phill Robinson bid adieu to the on-demand business software firm Monday to become CEO at CacheLogic, a UK-based online content delivery network  company. Robinson, a 20-year software industry veteran, joined Salesforce.com in 2003 and served in a variety…