No faults allowed in this business

Article Abstract:

Stratus Computer Inc, the second-largest fault-tolerant computer manufacturer in the country, has continually reported excellent financial reports and has plans for future growth. The company's 4th qtr 1991 earnings rose 30 percent compared to 1990's earnings. Stratus has also been encroaching upon market share previously controlled by the largest fault-tolerant computer maker, Tandem Computer. Tandem's market share has shrunk as Stratus' market share grew from 10 percent to 24 percent in six years. The falling cost of fault-tolerant machines has lured many companies to consider using the technology. Stratus machines can cost between $50,000 and $9 million or more. Telecommunications companies are also interested in the technology because more services require availability than ever before. In order to fend off competition from DEC, HP, Fujitsu and Hitachi, Stratus is exploring the open systems market and the potential of using reduced-instruction-set-computing (RISC) in future computers.

Electronic computers, Computer industry, Profits, Market share, Company Profile, Tandem Computers Inc., Financial Analysis Software, Strategic Planning, Market Analysis, Profit, Fault Tolerance, Fault tolerant computer systems, Fault tolerance (Computers), Fourth Quarter, Stratus Computer Inc., SRA

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A company founder who bet his ranch

Article Abstract:

Mitchell E. Kertzman was already in the software business for 15 years in 1988 when he realized that his company, Computer Solutions, would go nowhere if he did not make some dramatic moves. He decided to bet on untested technology, set up a development team and created Powerbuilder, software that helps mainframe programmers build the same types of programs for microcomputers running Microsoft Windows. Since its introduction in Jun 1991, Powerbuilder has enjoyed sales that went up from $50,000 to $22 million within 18 months. Following the product's success, Kertzman sold his original business and set up Powersoft. In Feb 1993, Powersoft became one of the most successful initial public offerings, with its stocks soaring from $20 per share to $38.25 the first day.

Officials and employees, Computer software industry, Software industry, Marketing, Application development software, Interview, Business planning, Program development software, Stock, Public Offerings, Powersoft Corp., PowerBuilder (Application development software), Kertzman, Mitchell E.

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