What’s happening with this BU they all seem to be busy. Does anyone have real insight the rumours of a sell off keep circling. Their performance tool is world class loadrunner. ALM is used by all TOP 500
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@j5 , yes yes agree. We know HR 100% is burned out from endless onboarding of more HR new employees. Soon Openjoke will only be run by HR employees. Who needs engineers for a successful IT company, only HR is needed for success. The market LOVES HR.
@hg agreed and confirmed 100%. Our buildings are teeming with employees working long days to drive the company forward
HR are burned out from all the onboarding
@gx ADM was once a core asset. This company is in remodel mode through an 8 Q model. Expect major paring down - business units and employees.
@f9 ITOM is core asset, how come it is up for sale?
@dc OT has a plan for a significantly scaled down business. This is part of the two-year plan Ayman referenced during a recent town hall. ADM will be sold. ITOM is being positioned for sale.
The challenge you have with ADM is competitors are moving at pace and OT solutions are not. The faster they catch the lower the value on a sliding scale which equals a double edged sort.
@dc True, but it's for sale. It's not part of OT future plans. OT will get decent money for it, use it to pay down debt, which it desperately must do.
@ap that’s not true. ADM is one of the platforms that has innovation and revenue growth. It was the led revenue growth last year for OT by percentage. The team in Israel is doing a great job. ITOM is the opposite and is shrinking.
I heard of plans to sell ADM to SAP which were cancelled when SAP realized that ADM products weren't worth that much. Years of underinvestment in R&D are biting when competition never sleeps. Having sticky products and prestigious customer logos acquired during the golden era of Mercury and HP Software still helps to put on a show, but what's underneath is not appealing at all.
Situation is even worse for ITOM, so I guess it helps to have them around as a faire-valoir.
OT is still working to divest. Yes the BU is performing. ADM and now I hear ITOM aren't part of Ayman's plans. ADM can bring some decent money which OT desperately needs to pay down dept.