Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Q3 2012 Axway: Decreased Business with Negative Organic Growth of -6.6% for the First Nine Months of the Year.

Regulatory News:

Axway (Paris:AXW) announces revenues of €50.7 million in Q3 2012. The Group is faced with falling demand for the fourth quarter in a row, with difficulties expected to continue in the economy as a whole, in Europe and in France in particular.

Business activities

3rd quarter by activity                                    
€m       2012       2011

Reported

      2011

Pro Forma

      Total Growth       Organic Growth1
                             
Licences 12.6 19.7 21.0 -35.9% -39.9%
Maintenance 24.9 20.8 22.2 19.9% 12.4%
Services       13.2       13.1       13.4       0.4%       -1.7%
Axway 50.7 53.6 56.6 -5.4% -10.3%
(1) At comparable exchange rates and scope of consolidation

By type of activity, licences (35% of revenue on a rolling 4 quarter basis) contracted sharply (-39.9%) compared with Q3 2011, which was particularly robust, especially in the United States (organic growth of almost 21%). Maintenance income (more than 39% of revenue on a rolling 4 quarter basis) grew strongly in line with expectations. Services dropped slightly, especially in the US, as a consequence of the downturn in licences for several quarters.

3rd quarter by region                                    
€m       2012       2011

Reported

      2011

Pro Forma

      Total
Growth
      Organic Growth1
                             
Europe 28.3 29.9 30.0 -5.5% -5.7%
Americas 20.8 22.4 25.1 -6.8% -16.8%
Asia/Pacific       1.6       1.3       1.5       23.1%       4.0%
Axway 50.7 53.6 56.6 -5.4% -10.3%
(1) At comparable exchange rates and scope of consolidation

By region, the contraction occurred across all regions and was accentuated by an unfavourable basis for comparison in the United States, where several agreements had been signed in Q3 2011(in particular with the federal government). Business was also down significantly in France, reflecting the postponement of infrastructure projects for a year now. Economic conditions remain difficult in the rest of Europe and especially in the south, but client projects remain active leading the group to adopt an improved outlook for the year-end.

Year to date 9 months by activity                            
€m       Year to date 2012       Year to date 2011 Reported       Year to date 2011 Pro forma       Total

growth

      Organic Growth1
                             
Licences 37.2 51.6 54.0 -27.9% -31.1%
Maintenance 72.1 61.5 64.4 17.2% 11.9%
Services       39.8       40.5       41.2       -1.7%       -3.4%
149.1 153.6 159.6 -2.9% -6.6%
Year to date 9 months by region                        
€m Year to date 2012 Year to date 2011 Reported Year to date 2011 Pro forma Total

Growth

Organic Growth1
                             
Europe 85.9 93.3 94.1 -7.9% -8.7%
Americas 58.9 56.4 61.1 4.4% -3.6%
Asia/Pacific       4.3       3.9       4.4       10.3%       -2.3%
149.1 153.6 159.6 -2.9% -6.6%
(1) At comparable exchange rates and scope of consolidation

Year to date for the first nine months of 2012, Axway is withstanding a generally very depressed economic environment, reflected in the decline in organic growth (-6.6%). As companies put investment decisions on hold, orders have fallen with a resulting decline in licence revenue. However, the steady rise in maintenance activities (+11.9%) is very encouraging and manifests the Group's proactive approach to building customer loyalty.

Axway enjoys a very robust financial position with respect to both banking covenants and debt. At end-September 2012, the company had a net cash position slightly in excess of €40 million.

Outlook

Faced with a significant fall-off in demand for the past year, and the continuing uncertainty in the economic environment to the end of the year, Axway no longer maintains its initial performance objectives of positive organic growth and at least maintaining its operating margin for full-year 2012. Cost-cutting measures have been implemented for a number of months to mitigate the impact of falling demand on the company's margins while safeguarding its competitive positioning. Moreover, it is important to remember the quantitative significance of the fourth quarter in assessing the Group's performance for the year as a whole. While the prospects of achieving a good Q4 2012 are real, success will depend on a recovery in the quarterly deal closings.

Financial calendar
Tuesday, 19 February 2013: publication of annual results
Wednesday, 20 February 2013: SFAF analysts' meeting, Paris

About Axway

Axway (NYSE Euronext: AXW.PA), the Business Interaction Networks company, is a software company with more than 11,000 customers in 100 countries. For more than a decade, Axway has provided leading organizations around the world with proven technology solutions that exchange, integrate, manage, secure and govern the business-critical interactions that accelerate enterprise performance.

Our award-winning solutions span business-to-business integration, managed file transfer, business operations monitoring, process management, and email and identity security – offered on premise or on demand (Cloud), together with professional and managed services.

Axway is registered in France with headquarters in the United States and offices around the globe.

More information is available at: http://www.axway.com/

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
SYS-CON Events announced today that Utimaco will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Utimaco is a leading manufacturer of hardware based security solutions that...
How do APIs and IoT relate? The answer is not as simple as merely adding an API on top of a dumb device, but rather about understanding the architectural patterns for implementing an IoT fabric. There are typically two or three trends: Exposing the device to a management framewo...
SYS-CON Events announced today that SOA Software, an API management leader, will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. SOA Software is a leading provider of API M...
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Busin...
SYS-CON Events announced today that ElasticBox is holding a Hackathon at DevOps Summit, November 6 from 12 pm -4 pm at the Santa Clara Convention Center in Santa Clara, CA. You can enter as an individual or team of up to 10 developers. A New Star Is Born Every Month! All complet...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE