Business Strategy for Software Executives
January 30, 2006
Engineering a Renaissance
Hereís how to take a 25-year old brand and turn it into one of the most promising technology companies in business today.
By John Kish, Wyse Technology
Read any analysis of the software market and somewhere it will predict the demise of many of today's software vendors.
True? Perhaps. But that's what they said about Wyse Technology just a few short years ago: a company with a passÈ market, unmotivated customers and flat prospects.
Fast forward to 2006. Today, Wyse is marketing a compelling product in a potentially massive market and is the object of analyst excitement. According to IDC, we now dominate the simple computing market with a 40 percent market share.
Wyse experienced a renaissance. Sure, some of our success came from being in the right place with the right product at the right time. But most of that "luck" involved recognizing key market developments and leveraging the related opportunities.
The same opportunity exists for many of today's "middle-aged" software companies. Here are some tips for engineering a corporate renaissance.
Get the Big Ideas
There is no doubt that innovation is one of the critical success drivers for software vendors today. Nilofer Merchant of Rubicon shares three ways to find new ideas in this weekís post to the SandHill.com Blog on Innovation Strategies.
Improve Your CEO Sell
More than ever, senior non-IT executives are making critical IT buying decisions. Yet many software vendors continue to use the same sales methods with both CIOs and CEOs. Brian Sommer explains how to improve your CXO sales by using a point-of-view selling method in this weekís post to the SandHill.com Blog on Sales & Marketing best practices.
The SandHill.com Blog is ready for your perspectives. We publish insightful strategy and opinion pieces by a variety of software executives, analysts and professionals. If you would like to contribute a post, email firstname.lastname@example.org.
Last Chance to Showcase Your Company at Software 2006
Software 2006ís Showcase segment will present the most innovative new players in the industry. Five companies will present their most compelling offerings in four areas: Open Source, Security, Enterprise New Media, and Social Entrepreurship.
The deadline for nominations is today. Visit the
McKinseyís 10 Trends to Watch
Macroeconomic factors, environmental and social issues and business and industry developments are profoundly impacting the global marketplace. Read about the ten developments that will most change the business world in 2006 from The McKinsey Quarterly.
Poll: SAP to Triple its Customer Base by 2010?
SAP reported an impressive 12 percent increase in revenue for 2005. CEO Henning Kagermann predicted the company would have 100,000 customers by 2010, up from 30,000 today. Can SAP they achieve that milestone?
Last week, SandHill.com readers picked the software company they felt would be most influential in 2006.
More at SandHill.com:
Dell to hire 5,000 in India.
ITA Software receives $100 million.
Informatica buys Similarity Systems for $55 million.
David DeMaria named CEO of Optimal.
Send us your feedback on this newsletter and the SandHill.com site.
ìLearning and innovation go hand in hand. The arrogance of success is to think that what you did yesterday will be sufficient for tomorrow.î
Courtesy of Malcolm Kusher, The Kushner Group
THIS WEEK'S SPONSOR
Enabling the on demand world, Jamcracker provides software solutions and expertise that software companies and service providers need to efficiently deliver and manage their on demand solutions. Find out more at www.jamcracker.com.
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