concur technologies inc

BMC Software Shifts Gears And Bets On The Cloud

by cloudtweaks on July 5, 2010

in Business, Cloud Computing, Invest, IT, Press Release, Security, Stocks, Technology, Trends, Venture Capital

SAN FRANCISCO (Dow Jones)-BMC Software Inc. (BMC) made its name doing the unglamorous work of streamlining corporate data centers. Now it is riding one of the technology industry’s biggest waves: cloud computing. Over the past 18 months, BMC has begun helping clients build and manage more than 150 cloud-based data centers. The company’s customers include Concur Technologies Inc. (CNQR) and Rackspace Hosting Inc. (RAX). BMC also has introduced new cloud products. In May, it rolled out BMC Cloud Lifecycle Management, software for building and operating cloud-based data centers. The Houston-based company also plans to introduce more cloud-related IT products. “The

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