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Enterprise Software Sales Dried Up In September
CurtMonash writes "As I predicted a week ago, it looks as if the third quarter was ugly for software vendors, due to the economic crisis. SAP said 'The market developments of the past several weeks have been dramatic and worrying to many businesses. These concerns triggered a very sudden and unexpected drop in business activity at the end of the quarter.' My old acquaintance John Treadway, who used to work in Sybase's financial services vertical unit, reports that things are even worse than that in the financial services industry, Wall Street and retail banks alike. So now what? Well, IT is a huge part of capital spending, and at enterprises that have to cut back capital spending, IT is going to get hurt. On the other hand, high-growth companies — Web businesses, analytic services providers, etc. — may try to power through the downturn. And the more directly an IT project affects near-term profits, the more likely it is to survive."
The LCARS operating system has been in decline for years now.
As I predicted a week ago, it looks as if the third quarter was ugly for software vendors, due to the economic crisis.
Truly you are a modern day Nostradamus.
By much the same logic, individuals and small business may postpone their purchases...
... and torrent instead? (At least the individuals)
"As I predicted a week ago, it looks as if the third quarter was ugly for software vendors"
Any chance you got next weeks lotto numbers there as well ?
The fundamentals of our economy are sound.
Literally - our economy is based completely on acoustical signals.
that's obviously why sales dried up. someone call the BSA.
More music, fewer hits
You're also paying 'enterprise tax' which is the consultants increasing their fee by a fraction of a percent for every meeting you make them sit through and every meaningless corporate buzzword you make them hear
Don't worry, $10k will be worth $6,300 soon.
Repton.
They say that only an experienced wizard can do the tengu shuffle.
wrecklessly
You don't really think you can be pulled over for wreckless driving, do you?
I don't know what you guys are worried about. All this panic and fear, you just got to invest right.
My pumpkin stocks have been increasing steadily through September and have already doubled during this first week of October. I got a feeling they're going to peak right around January. Then bang! That's when I'll cash in!
Clearly you don't have any experience "hearding cats" or implementing large systems. If I followed you're advice I would get 10 'nice' applications, none of which address the problem at hand.
Look on the bright side, you'd get them in 15 different languages!
If I mod you up, it doesn't necessarily mean I agree with what you've said, sorry.
In California, wreckless driving kicks in automatically if you are ticketed for going 20mph over the speed limit or more.
I'll be sure to find myself a nice telephone pole to ram into at 20 over, just to be on the safe side.
If I have been able to see further than others, it is because I bought a pair of binoculars.
... Enterprise software just sucks?
There must be something wrong with your product if sales can just drop off so suddenly for no real reason. How can you blame this on an economic crisis? If people really need your software to do business, then they will buy it. Perhaps that software wasn't really necessary in the first place, if a small market downturn has such an extreme effect?
... and then they built the supercollider.