Concur Technologies Inc (CNQR) reported 2009 fourth quarter earnings per share from continuing operations of 14 cents, matching the Zacks Consensus Estimate.  Concur reported total revenue for the fourth quarter of fiscal 2009 of $64.8 million, driven by subscription revenue. Total revenue for the quarter was also up 13% from the year-ago quarter. Total subscription revenue was $62.9 million for the fourth quarter of fiscal 2009, up 13% compared to the year-ago quarter, and up 3% sequentially.  Bookings were exceptionally strong as the company signed more business in the fourth quarter than in any of the quarter in the company's history. Looking ahead, it expects the demand environment to remain solid throughout the fiscal year.  The long-term growth rate for both revenue and earnings is driven by new customer additions and cost selling of new services. The company signs more new business in the most ...

SAP AG (SAP) reported third quarter of 2009 net income from continuing operations of 60 cents per share, compared to the Zacks Consensus Estimate of 58 cents. U.S. GAAP software and software-related service revenues were €1.94 billion (previous year: €1.99 billion), a decrease of 3%. U.S. GAAP total revenues were €2.51 billion (€2.76 billion), a decrease of 9%. U.S. GAAP software revenues were €525 million (€763 million), a decrease of 31% (30% at constant currencies). In the third quarter of 2009, SAP closed major contracts in several key regions including Dagrofa/SuperGros, Prada S.p.A., SeverStal OAO, Surgutneftegaz OAO, Swiss Life AG, and Telefonica, S.A. (TEF) in EMEA; Banco Industrial S.A., ConocoPhillips (COP), Dolby Laboratories (DLB), Fairfax County, Research In Motion Limited (RIMM) and Valero Services Inc. in Americas; and APL Co. Pte. Ltd, Department of Foreign Affairs and Trade, Australia, HDFC Standard Life ...

RightNow Technologies Inc. (RNOW) reported third-quarter 2009 earnings per share of 6 cents, exceeding the Zacks Consensus Estimate of 1 cent.

Total revenue in the third quarter of 2009 was $38.7 million, compared to $36.2 million in the third quarter of 2008. Recurring revenue increased 15% to $29.7 million from $25.9 million last year. New, renewed and expanded customer relationships included Epson, FICO, iRobot, Lucent-Alcatel, The Men's Wearhouse, Nike, Photobox, TiVo, U.S. Air Force and Virgin Mobile. Professional service revenue was $9 million for the quarter, consistent with Q2 and in line with our expectations. The mix of revenue across geographies for the quarter was 72% for Americas, 19% for EMEA, and 9% for Asia-Pac.

For the third quarter, the average first year contract value was approximately $112,000, which is up from last quarter and last year.

The company had seven deals over $1 million, 83 deals between $100,000 and $1

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International Business Machines (IBM) plans to lower costs for its clients via its offerings, which is posing a major challenge to businesses due to the difficult economic scenario.   Thus IBM released new IT Asset Management software to help companies manage the costs brought on by the proliferation of IT assets such as mobile devices, laptops, printers, switches, sensors and billions of interconnected devices.  The software also helps control the complexity of software licensing and increased pace of compliance audits.   The company expects software license reuse and audit exposure savings of $3 million in 2009 and $5 million annually starting from 2010 if a company implements a software license management program using IBM’s IT Asset Management software.   In order to reduce cost, IBM announced research collaboration with the Industrial Development Agency of Ireland (IDA Ireland) to develop and expand its Risk Management Analytics capabilities in Ireland....

Lawson Software Inc. (LWSN) yesterday reported revenues of $169 million in the first quarter of fiscal 2010, down 11% year over year and down 9.1% sequentially, but in line with management’s guidance of revenues between $160 million and $165 million. Excluding the unfavorable movement in exchange rates, revenues were down 6%. Lawson provides enterprise resource planning (ERP) software solutions and professional services to mid-market enterprises in the health care, retail, public and professional service industries. Lawson derives its revenue from software license fees, customer support and maintenance fees and consulting fees. License fees grew 23% year over year, driven primarily by increases in healthcare, public sector and equipment service management & rental vertical markets. Maintenance services declined 4%. Consulting revenues declined 29%, driven by fewer billable consultants. The company reduced the size of its consulting staff as part of a strategy to move more implementation services ...

Lawson Software, Inc. (LWSN) is expected to report fiscal first quarter results on Sep 30, 2009.

Based in Minnesota, Lawson is a leading provider of enterprise resource planning (ERP) software solutions and professional services to mid-market enterprises in the health care, retail, public and professional service industries.

LWSN expects revenues between $160 million and $165 million in the quarter, down 14% to 16% year over year, as the company expects recessionary conditions to moderate in late 2009 or early 2010. The unfavorable movement in foreign exchange rates is expected to account for half of this decline.

EPS is forecasted around 5 cents. Margins are expected to show improvement in fiscal 2010 due to cost-cutting measures undertaken by management.

The company earlier reported in line results for the fiscal fourth quarter. Business for Lawson continues to be adversely affected by the deteriorating global economy as most customers have tightened their budgets. The slowdown

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At an event in San Jose, Mr. Larry Ellison, the Chief Executive and Chairman of Oracle Corp. (ORCL), the largest software company said that its proposed acquisition of Sun Microsystems, Inc. (JAVA) for $7.4 billion ($9.50 a share) has been slowed by an ongoing antitrust review in Europe and the company is still waiting for clearance by the European Commission. The delay in approval from the regulatory body is causing Sun Micro to lose about $100 million each month. The major issue lingers on Oracle's potential acquisition of Sun's MySQL – an open-source database software which overlaps Oracle’s own database software. This could smother competition in the database software industry. However, Mr. Ellison said the deal is expected to be cleared by European regulators, despite the delay. It still remains unclear how long the European approval would take. While it is being speculated that Oracle ...

International Business Machines (IBM) said this morning that it would buy a privately held Singapore-based company, RedPill Solutions, to expand in analytics and optimization, particularly in the financial services and telecommunication business area.

While financial details of the deal were not disclosed, the company expects to close the transaction later this year, subject to statutory approvals and regulatory reviews.

IBM’s analytics services offerings will get a boost from this acquisition as RedPill has a strong foothold in research and analytical services in key growth markets such as financial services, telecommunications, technology and hospitality.

Earlier, IBM had agreed to acquire data-analysis and statistical software maker SPSS Inc. (SPSS) for about $1.2 billion in cash to expand its Information on Demand (IOD) software portfolio and business analytics capabilities, including Business Analytics and Optimization Consulting organization and network of Analytics Solution Centers.

We believe IBM has been successfully executing a

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Oracle Corporation (ORCL) announced first quarter of FY2010 earnings per share of 29 cents, matching the Zacks Consensus Estimate. First quarter total revenues were down 5% year over year at $5.1 billion. New software license revenues were down 17% to $1.0 billion. Technology new license revenues were $711 million, down 19% in constant currency and down 22% in U.S. dollars. The Americas declined 11%, EMEA was down 26% and Asia declined 22%. Applications for new license revenues were $317 million, unchanged from last year on a constant currency basis, and down 4% in U.S. dollars. The Americas grew by 6%, EMEA was up 3% and Asia declined 23%. Software license updates and product support revenues were up 6% at $3.1 billion. These revenues are annual fees customers pay to receive updated versions and enhancements of their existing products. Services revenues were $909 million, down 18% in ...

RightNow Technologies Inc. (RNOW) recently agreed to buy enterprise-class social platform provider HiveLive Inc. The acquisition will combine RightNow’s on-demand customer relationship management (CRM) solution with HiveLive’s innovative platform for customer support, engagement and loyalty, and ideation communities to help organizations maximize every opportunity to deliver great customer experiences.

The deal will help RightNow to deliver the broadest social CRM solution in the marketplace. The HiveLive platform will be immediately available after close of the acquisition.

Online communities and social networking sites are becoming a critical source of information when consumers make purchase decisions or seek service and support. Most organizations strive not only to participate in social conversations, but to integrate those conversations into internal business processes and tap them for design ideas.

The HiveLive platform complements RightNow Cloud Monitor by empowering organizations not only to monitor the social web but actually facilitate their own communities. HiveLive

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