Sybase CEO John Chen on Mobile Enterprise Software Growth

Strategic Insights -

John Chen, CEO of Sybase, a separate unit of SAP, discussed the company's growth and ambitions in mobile enterprise software on Bloomberg TV's "Street Smart." Chen emphasized that a quarter of SAP's revenue is expected to come from mobile and in-memory technology, highlighting the importance of mobile computing in business operations. He also noted that Sybase's growth rate in mobile enterprise demands is double-digit every quarter, despite global economic headwinds.

Key Takeaways:

  • John Chen expects a quarter of SAP's revenue to come from mobile and in-memory technology, a goal that analysts have called ambitious.
  • Sybase's growth rate in mobile enterprise demands is double-digit every quarter, with the company managing to maintain this growth despite global economic headwinds.
  • Chen emphasized the importance of mobile computing in business operations, stating that it provides real-time capability and makes everything more affordable.
  • Sybase designs its software to work on all six environments, making it universally applicable.
  • Chen doesn't rule out hardware-software integration for Sybase but doubts it will happen in the near future, prioritizing software innovation and mobile application development.
  • The company has a tremendous market opportunity in mobile application development, which it will focus on for the next three to five years.

Statistics:

  • 1 billion people: Sybase's goal to reach this number through its mobile and in-memory technology.
  • $5.8 billion: The acquisition price of Sybase by SAP in August.
  • Double-digit growth: Sybase's growth rate in mobile enterprise demands every quarter.
  • $100%: Chen's statement that some people are looking to improve their productivity in the current economic environment.

Sources:

  • Bloomberg TV
  • John Chen, CEO, Sybase
  • SAP
  • Matt Miller, Bloomberg News Anchor
  • CQ-Roll Call Inc.
  • Bloomberg LP