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Welcome to my BeyeNETWORK blog! Please join me often to share your thoughts and observations on new analytic platforms, BI and data management. I maintain a vendor-focused practice that uses primary research, briefings, case studies, events and other activities that stimulate ideas as a source for commentary on strategy and execution in the marketplace. I believe the emergence of a new class of analytic platforms, and emerging data management and advanced tools herald a next step in the maturity of information technology, and I'm excited to be present for its emergence. I hope my blog entries will stimulate ideas that will serve both the vendors creating these new solutions and the companies that will improve their business prospects as a result of applying them. Please share your thoughts and input on the topics.

 

 

SAND Technology Starts 2010 Well After Flat 2009

ADBMS vendor SAND Technology's report on its 2009 fiscal year seemed to offer little reason to change my earlier skeptical position on the firm. Its 2009 revenue was essentially flat at $7 million (Canadian dollars throughout). Cost of sales, R&D, and SG&A - and the firm's net loss - were also nearly unchanged. And yet, there are changes going on, and they are positive signs, especially for a year in which the IT market will rebound. Net income for SAND's fiscal 2010 first quarter was $553,253 on revenues of $2,485,464 - a substantial turnaround from a net loss of $989,850 on revenues of $1,223,928 for fiscal Q1 2009. One quarter is not a trend, but it is a good sign.

For more, click here.

Disclosures: SAND Technology is not a client.


Posted January 21, 2010 10:15 AM
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