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Business Objects Completes PeopleSoft Integration
By Dennis Callaghan
2003-10-24
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Business Objects, which reported earnings that more than doubled from a year ago, has completed integration between its Enterprise 6 platform and PeopleSoft's Enterprise Performance Management suite.Business intelligence software developer Business Objects SA has completed integration between its Enterprise 6 platform and PeopleSoft Inc.s Enterprise Performance Management suite, while reporting this week that its earnings more than doubled over the same period a year ago.
Business Objects and PeopleSoft have worked together to create a set of analytics and reports that support the entire suite of PeopleSoft EPM Functional Warehouse modules, officials of both companies said, making Business Objects the first business intelligence vendor to achieve this level of technical integration with PeopleSoft.
By the end of the year, PeopleSoft will make available more than 140 reports, 14 universes and a security bridge that links Business Objects with the PeopleSoft EPM Functional Warehouse modules. Modules will include Customer Relationship Management, Enterprise Service Automation, Financial Management, Profitability Management, Supply Chain Management and Workforce Analytics, officials said.
For the third quarter of 2003, ended Sept. 30, Business Objects, based in Paris, but with U.S. headquarters in San Jose, Calif., reported revenues of $129.1 million, up from $109.9 million in the same period a year ago. License revenues climbed from $53.7 million to $58 million. Net income jumped from $4.9 million to $10.8 million year-to-year.
In other related earnings news:
Hyperion Solutions Corp. reported revenues of $123.6 million for its fiscal first quarter ended Sept. 30. That was up from $119.9 million in the same period a year ago. License revenue fell slightly, from $44.6 million to $43 million. The Sunnyvale, Calif., company posted net income of $9.7 million, up from $9.1 million in the same period last year.
Informatica Corp. reported third-quarter revenues of $50.7 million, up from $47.6 million in the same period last year. License revenue was nearly constant, climbing slightly from $22.3 million to $22.8 million. The Redwood City, Calif., company shaved its loss from $17.3 million to $184,000 year-over-year.
Third-quarter revenues at Applix Inc. fell year-to-year, from $8.2 million to $6.4 million. The Westboro, Mass., company did however report a 25 percent increase in revenue from analytics software. Last years numbers include revenue from Applixs CRM software business, which it has since sold. Applix lost $708,000 in the quarter after losing $2.2 million in the same period last year.
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