HomeSpotlight Page 13 - Vendors That Survived the Recession: 2009 Dire Predictions Revisited
At the beginning of the year, Channel Insider readers predicted that the “Great Recession of 2009” would cause the demise of 12 well-known IT vendors--including VMware, McAfee and Salesforce.com. We revisit those predictions to see how accurate they were. As you’ll see, someone needs a better Magic 8 Ball.
Vendors That Survived the Recession: 2009 Dire Predictions Revisited - 1. A Never Say Die Software Vendor
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1. Novell
Demise Prediction Rate: 25%
January 2009 Market Cap: $1.41 billion
December 2009 Market Cap: $1.45 billion
Few people were surprised when Google won the contract to supply Los
Angeles with e-mail. What was surprising is the company being
displaced: Novell. For the last several years, Novell has been a buoy
in the water, rising and falling but never losing its buoyancy. The
logic of solution providers picking Novell to fall out of the market
wasn’t without logic. In fact, it makes a lot of sense. But Novell is
one of those “never-say-die” vendors and is making strides in many of
its core technologies, especially identity management. Don’t expect to
see Novell go gently into that good night anytime soon.
1. Novell
