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100% Paring an Apple to the core
Summary: Hoping to stop the flow of red ink, Apple (Cupertino, CA), which cut 1,500 jobs last year, is cutting another 4,100 employees--nearly one-third of its work force. "We've made the right decision to focus our energies," said Apple Chairman Gil Amelio. "I am absolutely convinced (these decisions) will put us on the road back to health." That road may be a long one; Apple has posted losses in four...
87% Sculley joins NetObjects board Summary: Sculley joins NetObjects board. (Wednesday, January 15, 1997, 10:05 am) NetObjects (Redwood City, CA), a developer of Web site building products, names John Sculley to its board of directors. The former Apple chairman is now a partner in Perseus LLC (Washington, D.C.), a merchant bank investing in information technology, publishing and biotechnology.
86% The blame game Summary: It's not that the industry's products can't do the job. They can--and do. What can FileNet--and the industry--do to combat those problems? "Was buying Watermark the right strategic thing for the company to do?" We have some excellent products and customers like them," Libit said.
86% Watermark office to close Summary: Watermark office to close. By consolidating the operations, Libit says, "The company will save over time ... a considerable amount." It will eliminate some duplication between its development teams as a result of the consolidation. IDC's Scott McCready sheds no tears for Watermark. By moving to Costa Mesa and putting it under the tutelage of a Bruce Waddington."
85% IW World Class Solutions Summary: It's a valuable synergy of need,. Bank officials were so amazed when the project was finished in just two weeks that they decided to create a full-scale application for employee personnel records. Both projects use ImageBASIC from Diamond Head. Employees were justifiably excited when they learned that 10,000 documents could be stored on one CD. It took about two weeks for approval.
85% Cornerstone Imaging back in the black during Q3'96 Summary: Revenue for Q3'96 was $26.7 million, up 9% from the $24.5 million taken in for the same period last year. Net income for the quarter was $430,000 ($.06 per share), compared with $2.0 million ($.26 per share) for Q3'95. Though down from last year, net income has rebounded from a $387,000 net loss during the second quarter of 1996. For the year to date, revenues were $67.1 million, up 7% from $62.4...
84% Imaging bails out Orange County Summary: Law firms, however, are another matter. That meant the firm could accomplish the same amount of work in less time. A law firm, after all, makes money by charging its clients for the hours it works on their cases. Improved productivity meant a job could be accomplished in less time. That, in turn, meant that the law firm would be billing its clients for fewer hours and producing less income.
83% Buyers hesitate; earnings shortfall rattles in... Summary: Losses mount for FileNet as customers, vendors and analysts wait and see. Libit believes there are several things confusing customers. "The terminology is confusing," he said. Customers have to pause to understand. It takes awhile to churn through it all," said Libit.
82% BancTec shows net income increase Summary: BancTec shows net income increase.com) reports Q1 '97 revenue of $142.4 million, which compares with $140.1 million in Q1 '96. Net income of $10 million represents an increase of 15.5% from Q1 '96 results of $8.7 million. BUYER'S GUIDE ++ DIIME ++ SUBSCRIBE ++ COMMENTS © 1995, 1996, 1997 Cardinal Business Media, Inc. The names, logos and icons identifying CBMÆs products and services are...
81% DocMgmt Summary: But the fact is, even small companies can take advantage of this technology because it is being offered to potential customers in several different forms. Outsourcing can be profitably used by large companies as well. Perhaps the most promising print-on-demand distribution solution is the Internet. But many other types of companies can use this system as well. With these advantages, it's a wonder...
81% For $260 million, Kodak enters imaging softwar... Summary: For $260 million, Kodak enters imaging software with a bang. By Bruce Hoard, IW executive editor Industry watchers largely agree that Kodak's $260 million purchase of Wang's software business is money well spent. In addition, Yockelson believes Kodak is better positioned to make the software business a success than was Wang. "Kodak is emotionally committed to the technology, where Wang was...
80% Caere reports Q3 earnings Summary: Caere reports Q3 earnings.caere. Revenue was up 2.3% for the quarter and net earnings per share increased 64%. Here are the numbers: for Q3'96, revenues were $13.4 million, up from $13.1 million during the same time last year; net earnings were $1.5 million ($.11 per share), compared with $914,000 ($.07 per share) for Q3'95. For the first nine months of this year, Caere has reaped revenues of...
79% Alabama, Georgia, Maryland, Colorado Imaging Solutions Summary: Each server has a 26-GB RAID subsystem and 160 MB RAM. Records for educators already holding certification are on microfilm. The workstations all have 24 MB of RAM. There also have been reductions in the cost of temporary staff and office space. Collins grows, so will its document.
79% Cornerstone's back (in the black) Summary: After a bumpy six months, Cornerstone Imaging (San Jose, Nasdaq:CRNR) has returned to profitability. "We continued execution of the plan we laid out in April to return the company to profitability," said Cornerstone CEO Thomas van Overbeek. "We have moved to a more aggressive pricing strategy for our display subsystems, and refreshed our color and grayscale monitor product lines." "We moved from...
78% Imaging Solutions in the Federal Government Summary: document distribution system. New document distribution system The on-demand printing system is part of HUD's new multidimensional distribution system that restructures the agency's document access and dissemination. Correll notes that the agency expects to pay for the distribution system in two years by eliminating printed waste and maintaining one distribution center instead of 40 or more...
78% The IW Index: current stock activity Summary: The IW Index: current stock activity. Verity continued its current slide, losing half its stock value following its announcement of a large first-quarter loss. In addition to Verity, PC Docs, Sybase and Visioneer all established new yearly lows during the period.
77% Digital camera entrants creating their own spac Summary: Digital camera entrants creating their own space. Professional features, slowly lowering prices. By introducing its lowest-priced, high-resolution digital camera, Kodak continues to define the professional photographic imaging market. At $7,000, Kodak's camera is the company's lowest-priced professional digital capture device. At "something under $20,000," the T3 combines high-end digital...
77% Hot Products Summary: Mass production CD-ROM system. The MPS system is available for more than 25 Unix platforms. *. So much in store. Windows NT storage strategies are being formulated by most storage vendors. In addition to the storage options themselves, there is a wide range of storage management products is available.
77% ImagingExpo'96: A world-class conference schedu Summary: Monday, September 30. Monday, September 30. Monday, September 30. Monday, September 30. Monday, September 30.
76% Microsoft Summary: Document management, imaging and workflow solutions based on Microsoft products empower businesses to deliver intelligent access to vital information quickly and cost effectively. Microsoft solutions scale from pilot project to enterprisewide deployment quickly and economically.
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