Services near four years of growth: ISM
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The U.S. service sector grew for the 47th straight month in February, though the rate of expansion moderated more than expected from January's torrid pace and pricing pressures eased, a report showed on Monday.
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India&#39;s IT services market is forecast to grow to $10.73 billion by 2011, at a five-year compound annual growth rate of 23.2 percent, as outsourcing emerges as a more favored option for companies in India, according to research firm Gartner.
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The footwear and apparel maker set records for the fourth quarter and full year.
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com September 13, 2004, 7:51 AM PT. This fourth priority&#39;s main focus has been improving or obtaining CRM and ERP software for the past year and a half.
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This global IT services provider is seeing more growth as its sector makes a comeback.
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com October 4, 2004, 9:13 AM PT. This fourth priority&#39;s main focus has been improving or obtaining CRM and ERP software for the past year and a half.
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com September 9, 2004, 5:10 PM PT. This fourth priority&#39;s main focus has been improving or obtaining CRM and ERP software for the past year and a half.
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The funeral services provider still represents a good value in a competitive industry.
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com September 21, 2004, 5:30 PM PT. This fourth priority&#39;s main focus has been improving or obtaining CRM and ERP software for the past year and a half.
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Here are a few companies primed for growth.
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com September 21, 2004, 11:23 AM PT. This fourth priority&#39;s main focus has been improving or obtaining CRM and ERP software for the past year and a half.
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The company announces a huge four-year restructuring plan.
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The company ships its first database update in more than four years. Was it worth the wait?
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com September 27, 2004, 8:25 AM PT. This fourth priority&#39;s main focus has been improving or obtaining CRM and ERP software for the past year and a half.
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com October 4, 2004, 5:39 PM PT. This fourth priority&#39;s main focus has been improving or obtaining CRM and ERP software for the past year and a half.
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SAP reported a 10 percent rise in revenue for the fourth quarter, but earnings fell 6 percent compared to a year earlier, dragged down in part by the cost of&#160;launching Business ByDesign, a new offering for the mid-market, the company said Wednesday.Revenue for the fourth quarter totalled &#8364;3.24 billion ($4.77 billion as of Dec. 31, the last day of the period reported), up 10 percent from &#8364;2.95 billion a year earlier, but net income fell 6 percent to &#8364;756 million.Software and related services revenue grew at 13 percent year on year, while consulting activities, representing around a fifth of SAP&#39;s revenue, remained stagnant.For the full year, revenue rose to &#8364;10.25 billion, up 9 percent from &#8364;9.39 billion, while net income rose to &#8364;1.92 billion, up 3 percent from &#8364;1.87 billion.The results do not include any revenue gains from&#160;SAP&#39;s $6.8 billion acquisition of&#160;business intelligence software vendor Business Objects, which the companies only completed on Jan. 16, 2008, although they do include &#8364;61 million in acquisition-related costs.SAP&#39;s operating margin for the year fell from 27.4 percent in 2006 to 26.7 percent in 2007, but if the effects of exchange rate fluctuations and the company&#39;s investment in Business ByDesign were excluded, the operating margin would have risen to 28.2 percent, Chief Financial Officer Werner Brandt said in a conference call.Developing Business ByDesign cost the company &#8364;125 million in 2007, &#8364;40 million of it in the fourth quarter, and the company expects to spend at least a further &#8364;175 million in 2008. An additional &#8364;50 million of expenditure will fall in late 2008 or early 2009.Sales and related services for subscription-based products like the new ByDesign contributed just &#8364;53 million in the fourth quarter, up 47 percent year on year.Looking ahead, CEO Henning Kagermann expects mid-market products like ByDesign to boost growth in 2008, he said during the conference call.Another growth driver will be SAP&#39;s acquisition of Business Objects, which will help the company increase its penetration of the business user sector, Kagermann said.SAP expects full-year revenue from software and software-related services to grow at between 24 percent and 27 percent. Excluding the contribution of Business Objects, SAP&#39;s existing activities will contribute between 12 and 14 percentage points, the company said.
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com September 20, 2004, 5:03 PM PT. This fourth priority&#39;s main focus has been improving or obtaining CRM and ERP software for the past year and a half.