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Focus on sustaining not shiny objects or innovation! Octane won't need so many employees once they stop all the new feature work!
Theirs a reason they put the finance guy in charge of all software divisions. snip snip snip!
Meanwhile, industrial and other contributed 4% to Semiconductor Solution revenues. Resales were up 34% due to stabilizing global automotive sector as well as macroeconomic recovery in China.
Infrastructure software revenues (27%) increased 4% year over year to $1.79 billion. The company is well-poised to gain from synergies from acquisitions of CA and Symantec’s enterprise security business.
Moreover, more than 90% of the bookings correspond to recurring subscription and maintenance.
Bigger percent last year because CA was undercharging and prices had to be increased. 4-5% is the new normal but now customers paying what they should be paying and ROI very high
For those of us who don't know, what's 4%, why ouch, what rates and what's gonna turn ugly next year?
at those rates...things are gonna turn ugly next year.