Welcome!

Virtualization Authors: Roger Strukhoff, Elizabeth White, Gigaom Research, Lori MacVittie, Liz McMillan

News Feed Item

Busy Days for BMC Software: Wins Deals, Closes Partnerships, Looks to New Revenue

NEW YORK, January 22, 2013 /PRNewswire/ --

BMC Software is boosting earnings as of late, recently closing new deals leveraging its deep data insight geared toward driving customer satisfaction. The recent partnership with Amazon Web Services is gearing up BMC new cloud revenues.

Data insight is making headings as companies look toward BMC Software, Inc. (NASDAQ: BMC) [Full Research Report](1) to drive user satisfaction. As a provider of high quality and cost-effective health care, Premier Healthcare Alliance recognized the advantages BMC Software technology can offer. Premier recently go with BMC's End User solution to capture application performance data.

"Feedback-Loops"

Rene Falzarano, lead engineer for web analytics at Premier, comments on the product, "I was impressed… it really hit me that a solution like this is the only way one person can possibly cope with managing a dozen or more applications like I have to do."

With the help of the BMC End User Experience Management solution, Premier gained instant access to detailed data that will guide better product development and feedback that will help developers to see the full impact of the application changes to users.

This is just one of the few deals that BMC Software has been able to close recently. It was also able to win a deal from managed services provider, EasyStreet Online Services.

Constant Improvement

In order to become more competitive, businesses are improving their customer service and operation systems. Businesses are spending money on new technologies, helping to grow BMC Software's revenue and expand its customer base.

Cloud service is also helping BMC Software to gain better footing. Amy Larsen DeCarlo, a principal analyst who covers security and data center services for research firm Current Analysis, expects to see more partnerships in 2013 in order to meet customer cloud service demands. Amazon Web Services has partnered with BMC to provide end user customers access to its cloud and management of cloud resources. This high demand for cloud service makes the prospects for BMC Software even more promising.

BMC reported higher results than expected for the fiscal 2013 second quarter, although revenue declined marginally. GAAP net earnings reached $98 million or $0.61 per diluted share, versus $115 million or $0.65 per diluted share in the second quarter of fiscal 2012.

Nevertheless, the company also has many substantial projects to work on, allowing most of its business segments to grow. According to BMC CEO Bob Beauchamp, "Product development success and overall innovation remain high… Our ESM sales force has stabilized and is positioned for improved productivity. We remain highly profitable and financially strong. Management is making the changes necessary to focus even more sharply on our customers and our markets."

With a series of projects lined up, BMC Software geared to grow even further in the IT industry. BMC Software expects to earn between $785 million and $385 million for the full year fiscal 2013, representing a 1 percent improvement over fiscal 2012.

BMC Software is scheduled to report its third quarter fiscal 2013 results on January 28, 2013.

Reference Links:

(1) The Full Research Report on BMC Software, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.nationaltradersassociation.org/r/entire_report/e69e_BMC]

Consider National Traders Association

Tired of hearing about the latest, greatest trade opportunity... only to realize that the ship has long sailed? You need a strong, informative community in your arsenal. Join the group that has been consistently identifying momentous situations as they develop -- long before they become the next top news on major financial networks.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.