Managing the financial risks of today's IT corporations

CFOs in Technology

Subscribe to CFOs in Technology: eMailAlertsEmail Alerts newslettersWeekly Newsletters
Get CFOs in Technology: homepageHomepage mobileMobile rssRSS facebookFacebook twitterTwitter linkedinLinkedIn

Top Stories

A safe, prosperous, and Happy New Year to all readers and users! One handy way to catch up with all our articles with a 2010 theme, from forward-looking predictions to retrospectives on '09, is to visit, where we have gathered literally dozens and dozens of items for your reading pleasure. Enjoy! ... (more)

BMC Software Appoints Stephen B. Solcher Senior Vice President and CFO

HOUSTON, Dec. 21 /PRNewswire-FirstCall/ -- BMC Software, Inc. , a leading provider of enterprise management solutions, today announced the appointment of Stephen (Steve) B. Solcher to the position of senior vice president and chief financial officer, effective immediately. In this role, Mr. Solcher will be responsible for Finance and Accounting, Treasury, Investor Relations, Information Technology, Procurement, Internal Audit and other related functions. Mr. Solcher has been serving as BMC's interim chief financial officer since August 29, 2005, while continuing in his role as vice president of finance and treasurer. He will continue to report directly to Bob Beauchamp, president and CEO of BMC Software. "Steve's track record of accomplishments clearly made him the best choice for this position. His significant financial and operations experience have helped contr... (more)

Cloud Expo New York Call for Papers to Expire January 15, 2010

Cloud Expo New York In response to massive demand, the world's largest Cloud event - the International Cloud Expo series - is expanding its number of tracks and sessions for its upcoming New York event: 5th International Cloud Expo. The deadline for the very popular Call for Papers, which resulted in a greater deluge of submissions than ever seen before, is being extended to the other side of the holiday period - to January 15, 2010. Additionally, SYS-CON Events announces the addition of additional tracks, additional session slots, and a general all-round expansion of the program in line with the expectations and needs of the 5,000 delegates who are expected to register for the event. Submit Your Speaking Proposal Today to the Largest Cloud Computing Event in the World! Topics to be covered at the 5th International Cloud Expo will include: SaaS, PaaS, and IaaS Stora... (more)

SAP Reports 20% Growth in Software and Software-Related Service Revenues

SAP AG on Wednesday announced its preliminary financial results for the third quarter ended September 30, 2010. "We are pleased to report double-digit growth in software and software related service revenue and the contribution of Sybase," said Werner Brandt, CFO of SAP AG. "All of the regions reported growth in the third quarter, with particular strength in the U.S. and the emerging markets of Asia, Europe and Latin America. We saw a good mix of revenues among small, midsized and large enterprises, and we had an increase in deal volume. On the product side, Business Analytics remains a top priority among our customers and continues to be a principal growth driver." "We were already delivering our solutions on premise and on demand. With the acquisition of Sybase, we now have the most complete and heterogeneous mobile platform in the industry and with it the added a... (more)

Finance "Friends" the Cloud in 2012

No doubt about it, cloud is winning the popularity contest for the 21st century. Once shunned for irrational concerns, it's become friends with nearly every industry and changed the way countless numbers of organizations do business. There are, however, a few remaining "friends" that the cloud has yet to meet - specifically, finance, ERP, and business intelligence. Below are my trend observations for 2011 and also some predictions for 2012. 2011 Trend #1: Missing the "big picture" - the incomplete realization of cloud benefits and ROI The benefits of using cloud are pretty straightforward - cost reduction, quick deployment, lower implementation risk and higher ROI. With SaaS, the barrier of technical expertise on the end user's side is eliminated as well, allowing the business user to drive its configuration and use within an organization. But, as the cloud makes it... (more)

The Cost of Ignoring 'Non-Human' Visitors

There is a real cost associated with how far you allow non-human traffic to penetrate the data center – and it’s not just in soft security risks. A factor often ignored by those performing contact analysis costs is technology. Call centers, marketing, and other business functions generally rely upon key performance indicators that include costs per contact – a cost associated with every e-mail, call, or web transactions that occurs. This is measured against costs to acquire customers as a measure of effectiveness. These generally involve labor and associated business costs, but forget to include the undeniably important technology costs associated with each contact. Given the increasing desire of consumers to leverage web and mobile contact options, it seems prudent to consider technology costs as a part of the bigger picture. Luckily, estimates put the technology-... (more)

It’s time to face the music, it’s time to dim the lights

“It’s not easy being green,” lamented Kermit in his signature song of the ‘70s and it was not so long ago that the business community was also singing that same tune. However, just as our lovable frog is back on the silver screen, so being green is a much more integral part of business strategy these days. Technological efficiency and environmental impact is now at the heart of many an operational plan and CFOs are becoming much more engaged with IT decisions traditionally reserved for CIOs. Not so long ago you’d often hear a member of the so-called C-club (CIOs and CFOs) saying, “Well we made £1m in cost savings this year and by the way we planted a few trees to offset our carbon use as well.” Today they’re more likely to be saying, “We’ve substantially increased our operational performance this year by implementing important environmental measures.” We see it eve... (more)

Measuring the Business Value of Cloud Computing

My favorite and least favorite question I get is the same – “Can you help me build a business case and ROI for cloud computing?” Well, yes… and no. The issue is that cloud computing has such a massive impact on how IT is delivered that many of the metrics and KPIs that are typically used at many enterprises don’t capture it.  I mean, how do you capture Agility – really? In the past I have broken this down into 3 buckets. Yes, some people have more but these are the big three… Agility Agility is reducing cycle time from ideation to product (or system delivery) – incredibly difficult to measure given that it’s hard to do apples to apples when every product/project is unique. You can do this in terms of Agile methodology task points and the number of points per fixed timeframe sprint on average over time. Most IT shops do not really measure developer productivity in a... (more)

Do CEOs Care About Cloud?

Cloud computing ownership is traditionally seen as the province of CIO or CTO, and where those roles don’t exist in an organization, the VP or even Director/Manager of IT oversees cloud implementation. However, with more business units accessing cloud platforms for a variety of purposes, the range of required buy-in has similarly increased: the CFO is now a primary consideration in the way a business integrates with the cloud, as do marketing, sales, as well as other business unit heads within the organization. But the CEO isn’t concerned about the technical aspects of what cloud delivers in the way that it is germane for even marketing and sales to understand how cloud process work at least on a fundamental level. Those groups utilizing Salesforce or different automation platforms need some technical ability to sync systems or specialize the platform. CEOs and dir... (more)

The Issues with Outsourcing

This article is going to talk to the businesses out there. This article is going to talk to the CTO’s and COO’s who are currently thinking about utilizing a managed service provider (MSP) or a Cloud hosting firm (like Solar VPS) for their IT needs however have major concerns about outsourcing their IT needs. Yes, outsourcing. Be it needed office solutions like telephony and email, website hosting solutions like a Linux or Windows VPS, powerful dedicated server solutions or colocation needs, the idea of outsourcing scares a whole hell of a lot of business owners and chief technology officers. It scares them for the following reasons: Security Money These concerns are understandable and reasonable. No company wants to give up control or have to worry about how much am “auxiliary” backbone service like IT is going to cost them on a monthly basis. But here is the thing, ... (more)

Intuit Announces Second-Quarter Results

Intuit Inc. has announced financial results for the second quarter of fiscal 2014, which ended Jan. 31. “With a renewed focus, our teams are now aligned against two strategic outcomes: To be the operating system behind small business success and to do the nations' taxes in the U.S. and Canada," said Brad Smith, Intuit’s president and chief executive officer. "I'm pleased that we are seeing momentum across our businesses driven by our platform shift to the cloud. “While the tax season is just underway, we are encouraged by our product innovations, our focus on filers with simple returns and a strong branding campaign. This momentum, along with early-season unit growth, give us confidence we're off to a good start,” Smith said. Financial Highlights Unless otherwise noted, all growth rates refer to the current period versus the comparable prior-year period, and the bus... (more)