Siebel Gets Vertical
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With its eye firmly fixed on rival Salesforce.com, Siebel unveiled OnDemand Release 6 of its hosted CRM suite of applications last week, the first industry-specific version of its hosted software.
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Toy manufacturer guides lower, but still has something to offer.
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Siebel's revenue for the year ended Dec. 31 totaled $1.34 billion, a slight drop from the $1.35 billion it generated in 2003. However, the company's net income for the year rose to $110.7 million, following annual losses in 2002 and 2003.
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Siebel Systems announced this morning that it has signed a definitive agreement to purchase e-billing provider edocs. When the deal closes, Siebel will acquire 180 edocs employees, intellectual property and customer relationships of some 116 companies.
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The top of a large steel vat gently swings open, and a slab of silicon, cut into pieces the size of large bricks, is lifted onto a conveyor belt. On a mezzanine above the warehouse-style floor of the factory in Frederick, Bill Good is monitoring the six-foot furnaces that melt the silicon that goes...
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U.S. stocks rose on Monday as software  company Siebel Systems Inc. SEBL.O boosted technology shares  with a better-than-expected sales outlook and Friday's  start-of-quarter buying spree ran into the new week.
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Siebel Systems Inc. and Electronic Data Systems Corp. this week will announced a partnership to help companies avoid many of the costs and complexities of managing customer relationship management systems in enterprises.
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Customer relationship management software provider Siebel Systems Inc. said Monday that it expects third-quarter revenue to range between $315 million and $317 million, above analyst consensus estimates of $306.
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The $115 million acquisition will help Siebel add E-billing and customer self-service capabilities to its product line. By Tony Kontzer.
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Siebel unveiled &quot;Chapter 2&quot; of its CRM strategy this week in an effort to revitalise its sagging fortunes. Siebel has seen declining revenue and fierce competition from high-end rivals such as SAP, as well as from smaller companies such as Salesforce.
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The upstart chipmaker is still on the right path.
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In LOS ANGELES story headlined &quot;UPDATE 4-Siebel sees sales topping Street, plans changes&quot; please read in second paragraph ... Mike Lawrie ... instead of ... Tom Lawrie... (corrects name of CEO). The error originally occurred in UPDATE 3.
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Shares of Siebel Systems Inc.SEBL.O  rose 20.4 percent in pre-market trade on Monday after it said  third-quarter revenues will exceed Wall Street estimates.
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Executives at Siebel Systems (Quote, Chart) said its competitors in the CRM (define) space aren&#39;t doing enough to meet the needs of small- to medium-sized businesses (SMB).
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Business software maker Siebel Systems Inc. (SEBL.O: Quote, Profile, Research) on Monday said third-quarter revenue would beat Wall Street estimates, sending its shares up 17 percent in pre-market trade.
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Rebounding from sales shortfalls last quarter, business applications vendors PeopleSoft Inc. and Siebel Systems Inc. each released preliminary third-quarter results on Monday showing higher revenue than they had previously forecast.
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Siebel SystemsÂ is continuing its push into the market for hosted business applications, launching on Tuesday four vertically tailored editions of its CRM (customer relationship management) OnDemand software. The company also released the sixth update to its year-old OnDemand application, adding new territory management and desktop software integration features.