BMC Continues Winning Deals - Analyst Blog

By
A A A

BMC Software ( BMC ) continues to win deals and will now be offering solutions to managed IT service provider Applaud. The latter is improving the quality of its professional services to Australian organizations, for which it needed to counter headwinds related to its help desk ticketing system. This led Applaud to BMC's Remedy IT Service Management (ITSM) solution that has solved the problem.

Separately, France Telecom ( FTE ) has selected the BMC ProactiveNet Performance Management solution for efficient customer services. This solution identifies and prioritizes real-time problems. The actual work of the solution is to identify the main reasons for the problems and thereafter inform the concerned team. 

BMC has also recently secured an order from the Generali Deutschland Group. The life and general insurance company has deployed the BMC CMF MONITOR solution, which is expected to help the German company lower its mainframe costs, and improve its performance and capacity data to meet customer needs.

We believe that these offerings from BMC will find many takers, as it makes life easier for the customers. BMC has been enjoying a steady flow of deals and is also witnessing steady growth in its SaaS-based business. Cloud bookings have also improved.

On the other hand, significant Fed budget cuts have had an impact on government funds for IT administration. This apart, the economic weakness in Europe is also affecting business.

On the other hand, growing competition from big players such as IBM Corp. ( IBM ), Hewlett-Packard Company ( HPQ ), EMC Corp. ( EMC ) and CA Technologies ( CA ) will pose challenge for the company.

BMC carries a Zacks #3 Rank, implying a short-term Hold rating.


 
BMC SOFTWARE (BMC): Free Stock Analysis Report
 
CA INC (CA): Free Stock Analysis Report
 
EMC CORP -MASS (EMC): Free Stock Analysis Report
 
FRANCE TELE-ADR (FTE): Free Stock Analysis Report
 
HEWLETT PACKARD (HPQ): Free Stock Analysis Report
 
INTL BUS MACH (IBM): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Stocks

Referenced Stocks: BMC , CA , EMC , FTE , HPQ

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

183,639,073
  • $42.32 ▲ 3.85%
82,623,623
  • $15.99 ▼ 22.79%
39,547,942
  • $119 ▲ 1.19%
32,107,751
  • $77.62 ▲ 2.63%
29,684,848
  • $10.60 ▲ 2.02%
27,615,309
  • $24.03 ▲ 0.38%
26,917,669
  • $31.10 ▲ 2.07%
26,464,306
  • $47.75 ▲ 0.59%
As of 11/26/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com