Sybase data base software might aid in a turnaround
Article Abstract:
Sybase's System 11 DBMS represents the company's attempt to recoup both market share and technological edge, and early users and analysts are giving both the company and the product an encouraging response. Sybase claims that benchmarks prove that System 11 outperforms its rivals in the database market on a number of platforms and that the DBMS scales to run on computers with as many as 16 CPUs. Users at the 200 test sites tend to report positively on the DBMS, with one claiming that the system runs 50% to 70% than previous Sybase products. Sybase needs strong performance from System 11 to pull the company out of the slump that has plagued it from early 1995 to Oct 1995, a period during which shares fell 46%. In 3rd qtr 1995, revenues rose only 7%, and earnings fell to two cents a share, down from 31 cents each in 3rd qtr 1994. New business has been scarce, as clients turn to other vendors or wait for System 11, which ships in Dec 1995.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1995
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Sybase unveils key software product today
Article Abstract:
Sybase's SQL Server System 11 database management software reduces performance problems and bugs while improving database performance on multiple processor computers. Sybase has released test results showing a large performance increase on a 16-processor Sun Microsystems computer and is expected to release results on at least more 20 processors. Sybase stock has improved in response to these test results, though competitors Oracle and Informix claim that this release has yet to meet or beat their products' capabilities. Sybase is expected to ship the program by the end of 1995 with prices ranging from $995 to $133,900, depending on the type of computer used and the number of users. A Sybase add-on product, dubbed Sybase IQ, may provide another performance breakthrough by allowing users to search large databases and to answer difficult questions quickly.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1995
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Rethinking Sybase from the top down
Article Abstract:
Mitchell Kertzman has been named president and CEO of Sybase Inc. Kertzman, who made $37 million from his sale of Powersoft Inc to Sybase in 1994, was dissatisfied with his position as an executive VP with Sybase and was considering his resignation. Kertzman discussed his concerns with Sybase Chmn, CEO and Pres Mark Hoffman in Jan 1996. Hoffman subsequently decided to hand over two of his jobs to Kertzman. Sybase was in need of a management change because it is consistently losing market share to Oracle and other competitors. The company reported a $24.6 million loss for its 2nd qtr 1996 and a revenue increase of just 4 percent. Hoffman has recognized the fact that the company was not taking full advantage of Kertzman's capabilities and now wants him to manage a turnaround for the company.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1996
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