By Paul F. Roberts  |  Posted 2005-09-19 Print this article Print

Still, Schwarz acknowledged that the Veritas acquisition laid the groundwork for his departure, all but ensuring that Thompson would stay on as CEO for the foreseeable future.

"I feel good about what happened at Symantec, but I was 54 and I wanted to be a CEO. John [Thompson] couldnt leave for some time, and [Business Objects] came up ... so Im here," he said.

Symantec admits to one enormous mistake with Veritas buy. Click here to read more.
Schwarz said other senior Symantec and Veritas executives might reach the same conclusion. "Theres a strong team with great depth at Symantec. Some of those people may decide that the opportunity to move up is too far out and look elsewhere," he said.

At Business Objects, Schwarz plans to use some of the same strategies that worked for him at Symantec. Acquisitions will definitely be part of the companys growth plans. "Pack in" acquisitions of technology that expands the companys ability to do real-time data reporting and data modeling or expand Business Objects access to different databases are prime targets, he said.

However, Schwarz plans to work with the management team thats already in place at Business Objects and doesnt necessarily see IBM as a first stop for new talent as his company grows. "I dont think going to ones alma mater is always the best place to start," he said.

Beyond that, Schwarz will look to expand partnerships with system integrators and large technology players to drive adoption of BI software.

Quoting figures from Liautaud, Schwarz estimated that only about 15 percent of companies worldwide use BI software now. "I believe that [IT] investments that companies have made havent realized much benefit," he said. "The benefit will come from the use of data and access to data for much better analytics, planning and business opportunities."

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