SAP profits up 25 per cent
Enterprise software provider SAP has reported a 25 per cent year-on-year increase in net profit for the third quarter of 2003, although total revenue changed little from the year-earlier quarter. The company reported net income of $US292 million as of September 30, up from $234 million in the corresponding quarter last year. Total revenue for the quarter was $1.91 billion, down 3 per cent from the year-earlier quarter. SAP saw revenue gains from its maintenance activities, up 9 per cent to $758 million, but software revenue for the quarter remained flat at $501 million, compared to $504 million a year earlier. Revenue from service activities including training and consulting slipped 14 per cent to $637 million. SAP saw strong growth in software sales in the US, where software revenue for the third quarter was 35 per cent up on a year earlier. Throughout the Americas, revenue slipped 2 per cent to $663 million. Revenue in Europe, the Middle East and Africa (EMEA) slipped 4 per cent to $1.02 billion, and remained flat in the Asia-Pacific region, the smallest region for SAP with revenue of $235 million.
AUUG to host new Govt. software event
The Australian Unix User Group has announced it will host an inaugural conference on Linux and Open Source Software in Government to be held early next year. The conference, currently scheduled for the 12th and 13th of January 2004 in Adelaide, is being jointly organised by AUUG and Linux Australia as a “mini-conference” of linux.conf.au. The user groups claim the conference will discuss best practices and experiences among policy makers and IT officials from Government and public departments as well as the academic sector.