Stories by Peter Sayer and Chris Kanaracus

Software AG will make webMethods cloud-ready in Q3

Software AG added a complex-event processing tool to its software portfolio on Monday, and said it will release cloud-enabled versions of webMethods and its Aris business process modeling tool in the third quarter.

SAP reports revenue up 12 percent, earnings up 15 percent

SAP reported a 15 percent year-on-year rise in earnings for the second quarter, on revenue up 12 percent. It forecast that underlying revenue growth in its core business of software and software-related services will accelerate following completion of its acquisition of Sybase.

HP to cut 9,000 jobs, automate enterprise service business

Hewlett-Packard has announced plans to cut 9,000 jobs as it restructures its enterprise services business and automates the services it offers enterprise customers.

Microsoft sales and earnings drop less than expected

Microsoft reported revenue that was down 14 percent year-on-year for its first fiscal quarter, with net income down 17 percent - but it still beat analyst expectations on both counts.

SAP first quarter earnings drop 16 per cent

SAP reported first quarter net income down 16 per cent year on year, and revenue down 3 per cent, as customers remain reluctant to spend on new software.

SAP cuts investment in ByDesign as net income falls

SAP is putting the brakes on the rollout of Business ByDesign, its offering for small businesses, it said Wednesday, as it reported first quarter net income down 22 percent compared to a year earlier, on revenue up 14 percent. The quarter is the first to incorporate the results of Business Objects, which SAP acquired Jan. 21.