Friday, September 16, 2011

Software industry legend


I was up in town yesterday and talking to various people about my company and what we are doing; one of the people I met was a chap called Bernard Liautaud, for those readers not in the software business you can probably stop reading now; but those who are will probably know of Bernard as he is somewhat of a celebrity in our industry. 27 year old Frenchman Liautaud started a company called Business Objects back in the halcyon days of the early 90s when relational databases were first becoming main stream, the tyrannosaurs of Oracle, Sybase, Ingres and Rdb roamed the surface of the planet and Facebook wasn't even a glimmer in 6 year old Mark Zuckerberg's eye.

Business Objects was always going to be one of those disruptive products, it aimed to wrestle the job of creating management reports out of the quagmire of the IT backlog and squarely into the hands of business people, it never fully succeeded in doing that but it was good enough to spawn a multi-billion dollar company and helped to create a brand new software industry segment, one that still thrives today. In addition to technical innovation Business Objects became the first French company to list on the NASDAQ, successfully making the transition to the USA that so many European companies find so difficult. During those years I worked for the main competitor of Business Objects, a Canadian company called Cognos, we were bitter commercial rivals but we all had a deep respect for the company Bernard was building, they kicked our butts on many occasions.

In 2007 software giant SAP acquired Business Objects for $7 Billion, and later IBM acquired Cognos for $5 Billion an era had ended, the raw human energy and individuality of  those early years was dissipated into the amorphous mass of the mega-corporations.

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