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Tom
Siebel
Unofficially... News and Best Sites about Siebel
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Home - Brief Profile and Current News
Behind his company's extraordinary growth in the late 90's was the man whose company carries his name. Tom Siebel is one of those extraordinary people who have
the vision and flair to create a huge company through a vision very few people have. Tom Siebel's incentive in business and life, he says, is to keep raising
the bar. He put his company together with his own money, along with help from some wealthy investors, notably Charles Schwab, the discount brokerage king,
and Phil White, CEO at Informix, Oracle's chief competitor. But no venture capital. Founded in 1993 and based in San Mateo, CA, Siebel Systems was the
fastest growing company in 1999 according to Fortune magazine. It's been a survivor of the dot com bust though challenges still lie ahead.See his profile for more on the subject.
SAP Grabs Siebel CRM Exec And Stands To Grab Market Lead
Source: Information Week
SAP's pursuit of Siebel Systems Inc.'s status as the market leader in customer-relationship-management software reached into its rival's executive ranks this week when Patrick Bakey left his post as VP of sales for Siebel's federal government business to become senior VP of SAP's North American CRM unit. Bakey wasn't available to comment on his move, but AMR Research analyst Laura Preslan says he's following customers that are looking for better integration of CRM apps with other back-end infrastructure software.
Profits decline slightly, and vendor targets small and midsize businesses in an effort to fire up growth.
Source: Silicon.Com
The good news for Siebel Systems Inc. is that the customer-relationship-management software vendor's second-quarter carnage was no worse than it warned of two weeks ago. Now the hard work begins, and Siebel is planning to engineer its recovery by attacking the small and medium-sized business market with its on-demand CRM offering amid stagnant demand among corporate IT departments.
Siebel's Summer Worries
Source: SearchCRM.Com
The summer of 2004 hasn't been easy for the incoming CEO of Siebel Systems Inc. After Mike Lawrie took over the top post from founder Tom Siebel in May 2004, Siebel reported a 16% drop in second-quarter profits. For the second time, the Securities and Exchange Commission charged the San Mateo, Calif.-based company with improperly discussing company business. Plus, AMR Research Inc. in Boston predicted that Siebel soon would lose its perch as the market leader in revenue - though many industry pundits disagree.
Oracle: Seeing Cash
Source: Fool.Com
Ellison is nothing if not a survivor, and his influence -- for good and for ill -- has spread far and wide, well beyond the reaches of Silicon Valley. Indeed, can you name an executive, or a company, responsible for more capital growth than Ellison? I can't. Think about it: Tom Siebel of Siebel Systems, Marc Benioff of Salesforce.com, Gary Bloom of struggling Veritas, and, of course, rival Craig Conway of PeopleSoft (Nasdaq: PSFT) are all Ellison protégés. And those four, while the best known at the moment, are but the tip of the proverbial iceberg.
Siebel Ready To Spotlight Analysis Software
Source: Information Week
Siebel is in an effort to tap a new market. The endeavor comes at a crucial juncture for Tom Siebel. Microsoft, Oracle, Salesforce.com, and SAP are encroaching on its leadership in the CRM market. New CEO Mike Lawrie, who replaced founder Tom Siebel in that role in May, is still settling in. And investors are looking for the company to rebound from an earnings shortfall for its second quarter ended June 30.
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