The company aims to further increase this share to 80 percent by 2018. Software AGs traditional Enterprise Transaction Systems (ETS) database business reported growth of 3 percent in Q4 due to exceptionally high license revenue. Total fiscal year revenue in this business line was 274 million (2012: 311 million), a decrease of 7 percent year on year. This development is in line with the company's forecast that the traditional database software market in general is in decline because of its maturity and saturation. The Consulting business line recorded 70 million (2012: 85 million) in revenue in Q4 and total revenue of 275 million (2012: 352 million) in fiscal 2013. The decline is due to Software AG's realignment of its Consulting business, which included the sale of SAP service operations in windows address book software Canada and the USA in Q1 2013. Disposals followed in Hungary, the Czech Republic and Slovakia in Q3. Through these measures, the company successfully focused its SAP service operations on process consulting in the German-speaking region. Consulting made a positive segment contribution again in fiscal 2013the most notable earnings improvement coming in the final quarter. Software AG therefore achieved its operational turnaround of the Consulting business in the concluded fiscal year. Total revenue and earnings performance Fueled by strong BPE business, fourth-quarter Group license revenue was up 22 percent to 111 million (2012: 97 million). Maintenance revenue remained level year on year and at constant currency. Product revenue (licenses + maintenance) was up 10 percent year on year at 204 million (2012: 197 million) in the fourth quarter. All in all, total revenue climbed 3 percent to 271 million. For the full fiscal year, Software AG Group license revenue improved 9 percent to 330 million (2012: 319 million) propelled by a dynamic acceleration of business in the second half of the year.
How to Choose Business Software: The Top 5 Considerations
Jan. 28, 2014 09:45 AM EST Reads: 806 CodeFutures Named Bronze Sponsor of Cloud Expo New York By Elizabeth White SYS-CON Events announced today that CodeFutures, a leading supplier of database performance tools, has been named Bronze Sponsor of SYS-CON's 14th International Cloud Expo, which will take place on June 1012, 2014, at the Javits Center in New York City, New York. CodeFutures Corporation is a leading supplier of Big Data technology designed to reduce the time and effort required to develop database applications and dramatically increase deployed database scalability, reliability for Big Data... Jan.
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