More Deals for BMC - Analyst Blog
10 Settembre 2012 - 5:58PM
Zacks
BMC Software, Inc. (BMC) has
secured a new deal from Northwestern University and is now
responsible for delivering improved web applications to school.
More than 25,000 students, faculty and staff of Northwestern
University have embraced the software from BMC to facilitate the
teaching process.
Before choosing BMC software, the university had restricted
visibility into its application performance management software,
meaning that diagnosing and resolving problems took more time and
effort.
Howeve, with BMC in the picture, the whole process should
improve. BMC End User Experience Management has provided the
much-needed solution to the university and has enhanced the
capacity and availability of the service monitoring services.
BMC has been enjoying a steady flow of deals and is also
witnessing steady growth in its SaaS-based business. Cloud bookings
have also improved. On the other hand, significant Fed budget cuts
have had an impact on government funds for IT administration. The
economic weakness in Europe also led to a sluggish first
quarter.
Moreover, the company took considerable time to rebuild its
sales force. BMC is showing signs of stabilization, but it still
continues to experience restricted visibility into the
non-mainframe Enterprise Software Management (ESM) business.
Although most of the company’s business segments witnessed
growth and decent cash flow, BMC remains impacted by the bleak
business conditions in Europe. Moreover, growing competition from
big players such as IBM Inc. (IBM),
Hewlett-Packard Company (HPQ), EMC
Corp. (EMC) and CA Inc. (CA) will pose
challenges for the company.
BMC carries a Zacks #3 Rank, implying a short-term Hold
rating.
BMC SOFTWARE (BMC): Free Stock Analysis Report
CA INC (CA): Free Stock Analysis Report
EMC CORP -MASS (EMC): Free Stock Analysis Report
HEWLETT PACKARD (HPQ): Free Stock Analysis Report
INTL BUS MACH (IBM): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
Grafico Azioni Xtrackers California Mun... (NASDAQ:CA)
Storico
Da Lug 2024 a Ago 2024
Grafico Azioni Xtrackers California Mun... (NASDAQ:CA)
Storico
Da Ago 2023 a Ago 2024