Software AG in Pain
Software AG Cuts Workforce in Bid to Stay in Profit. Handelsblatt Apr 24 2002 7:09PM ET [Moreover - Database industry news]
This isn't a good sign for the leader in native XML databases. They're barely showing any growth in sales for Tamino (2.6M euros vs 2.3M one year ago) and it represents a minuscule part of their overall revenue (116.4M euros). As I wrote earlier the addition of native XML facilities to the big relational databases just doesn't bode well for companies targeting the enterprise space like Software AG.
Software AG was even in a somewhat luxurious position compared to most native vendors. They have established customers and a pre-existing sales force. Unfortunately for them, their strength is in the mainframe market. Not a space known for taking risks on new technology like native XML databases.
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