This morning Progress Software announced the acquisition of Savvion for $49 Million. On the heels of last month’s acquisition of Lombardi by IBM, I think it’s safe to say this marks a real turning point in the market for BPMS. To me it is a disquieting one, as it suggests the failure of BPM’s “business empowerment” [...]
IBM left a voicemail at 4:58am today about a 6am briefing to announce the acquisition of Lombardi. Thanks for the heads up, guys! Sandy Kemsley does her usual great job with the briefing play-by-play, which I would describe as predictably unrevealing, except for the fact that Lombardi will be brought into WebSphere/AIM instead of being [...]
Continue reading about IBM Buys Lombardi (it was bound to happen…)
Yesterday Lombardi updated the analysts with their 1H08 results. They are saying 85% license revenue growth (vs 1H07), 50% total revenue growth, and sales bookings “close to triple” last year, 20% ahead of plan for the year. They added 30 new customers, with growth especially strong in Europe. Average selling price – the make-or-break metric [...]
Lombardi’s Jim Rudden posts an admittedly “cranky” piece about software giants like SAP crashing the BPMS party. His beef with those companies, which he calls Stackers, is that they
pursue the promise of BPM half-heartedly. Actually, they have done everything in their power to bury BPM deep in what they view as their real market…
which in [...]
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