Paula Musich

Computer Associates International Inc. today reported a net loss of $65 million in the first fiscal quarter of 2003, a considerable improvement from the $342 million loss it reported in the same quarter one year ago. The Islandia, N.Y. software maker failed to reach its revenue projection of $770 to $775 million, reporting a revenue […]

HP Services on Monday announced it has signed multiple services contracts valued in excess of $120 million. The wins, primarily overseas and in the outsourcing arena, are with Agere Systems, the City of Espoo in Finland, the Hong Kong SAR Government, the Shanghai Stock Exchange, Sonera Corporation and Tata Steel in India. HP Services, in […]

Infrastructure management startup Entuity today announced it is opening up its Eye of the Storm management software to allow the tool to more easily expand its support for new technologies. The unified fault, performance and inventory management tool for networked systems leverages a new database architecture, dubbed StormWorks, that allows Eye of the Storm to […]

SBI and Co. today continued its Web boutique acquisition spree, announcing plans to acquire Lante Corp. The move comes just two days after SBI announced plans to acquire financially strapped Scient Inc. SBI said it is tendering its offer to acquire Lante for $1.10 a share–a 100 percent premium over yesterdays closing price. Separately, Lante […]

In a study released today, The Conference Board Inc. found that the practice of human resources outsourcing is big and growing. Possibly the next big wave of business process outsourcing, human resources outsourcing activities are carried out at two-thirds of the large firms that took part in the survey. The HR Outsourcing Trends study examined […]

Struggling Web services boutique Scient Inc. today filed for Chapter 11 bankruptcy protection, with a prepackaged deal to sell its remaining operations to SBI and Co. Scient, weighed down by costly long-term leases it could no longer afford to pay, couldnt get out of its obligations fast enough to continue operating under its current structure, […]

Armed with new services and tools, Dell Computer Corp. set out on Monday to get its customers to take better care of their hardware. The Round Rock, Texas, computer maker announced a new remote monitoring service, offered through the Dell Premier Enterprise Support agreements, that gives customers the option to have hardware alerts or operating […]

Concord Communications Inc. on Monday will debut the latest component of its service provider initiative when it introduces its Best Practices Guide. The guide builds on the Concord Enabled Managed Services practice designed to help service providers develop and market new managed services. The new how-to guide “articulates the steps [service providers] need to take […]

Application management spinoff Silas Technologies Inc. next week will debut the second major release of its Silas Reveille application availability tool. The Winston-Salem, N.C., firm, a wholly owned subsidiary of banking behemoth Wachovia Corp., continued to broaden the appeal of its tool with service-level agreement reporting, greater automation, and support for Microsoft SQL Server and […]

Electronic Data Systems Corp. today said that it would lay off about 2000 workers—mostly in North America—as a result of its own customers cutting costs and as a part of its two-year “rebalancing” effort, according to a company spokesman. The news came on the heels of a precipitous drop in EDSs stock price, as investors […]

As MSPs mature, conflicting customer requirements make the pure-play management service provider model more difficult to sustain. Responding to customer demands, a small but growing number of MSPs are looking to benefit from the intellectual property they developed to manage customers IT infrastructures by selling that technology as packaged management software. At the same time, […]

Finding its rhythm in the wake of its buyout of Compaq Computer Corp., Hewlett-Packard Co. is pooling resources and technologies around its OpenView enterprise management platform and redefining strategies to move into Web services. Among HPs first software initiatives to take advantage of the Compaq integration will be an extension of OpenViews agnostic approach to […]