Log Management Authors: Dana Gardner, Pat Romanski, Elizabeth White, David H Deans, Carmen Gonzalez

Related Topics: Log Management, Microservices Expo, Containers Expo Blog

Log Management: Article

HP Tosses Autonomy Boss (Updated)

Ex-CEO Mike Lynch will be replaced by HP chief strategic officer and software head Bill Veghte

Complaining of a “significant decline in core licensing revenue” at its wildly over-priced $10.2 billion British acquisition – $12 billion something if you throw in the debt – HP is parting with Autonomy’s founder and ex-CEO Mike Lynch.

He will be replaced by HP’s chief strategic officer and software head Bill Veghte, the Microsoft émigré closely tied to Windows.

Given the money it spent buying Autonomy – which was supposedly profitable when it got it – it’s a business HP has got to make work even it isn’t all that it was cracked up to be.

HP CEO Meg Whitman claimed during her conference call with Wall Street Wednesday when the company posted its latest numbers and confirmed that it would let 27,000 people go that the problem wasn’t with the product or with demand or with some business-leeching competition – at least in the cloud.

Without really explaining what went wrong she said Autonomy needed “organizational changes,” the “right processes,” “interfaces with HP” and “discipline.” It needed “to scale,” she said, adding that any fix will take a couple quarters.

She never specifically said that she was talking about IDOL, the unstructured search widgetry that HP bought Autonomy for. Autonomy has like 30 other products.

By the time she got to CNBC Thursday morning Meg was saying that the fault was with Autonomy’s execution. HP brought Autonomy big deals and apparently Autonomy couldn’t close them, making one suspect the fault might be with the product after all.

Our sources at HP, who confirmed she was talking about IDOL deal, say IDOL is too hard to use and that big-time accounts have thrown it out. They challenged us to find a successful implementation of IDOL and said that Accenture had tried to set up a practice around it and couldn’t. IBM and Oracle both passed on buying Autonomy – at least at Lynch’s price.

They also said that Autonomy used an aggressive form of revenue recognition and when it used the American way the “numbers evaporated.”

And HP is hoping to use this widgetry across its lines of business.

Meg is harnessed with stuff because her ousted predecessor Léo Apotheker wanted it at any price. Chairman Ray Lane and then-CTO Shane Robison, both of whom should have known better, supported the move.

Lynch is supposed to stick around for a transition period.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.

IoT & Smart Cities Stories
Apps and devices shouldn't stop working when there's limited or no network connectivity. Learn how to bring data stored in a cloud database to the edge of the network (and back again) whenever an Internet connection is available. In his session at 17th Cloud Expo, Ben Perlmutter, a Sales Engineer with IBM Cloudant, demonstrated techniques for replicating cloud databases with devices in order to build offline-first mobile or Internet of Things (IoT) apps that can provide a better, faster user e...
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
The Founder of NostaLab and a member of the Google Health Advisory Board, John is a unique combination of strategic thinker, marketer and entrepreneur. His career was built on the "science of advertising" combining strategy, creativity and marketing for industry-leading results. Combined with his ability to communicate complicated scientific concepts in a way that consumers and scientists alike can appreciate, John is a sought-after speaker for conferences on the forefront of healthcare science,...
Disruption, Innovation, Artificial Intelligence and Machine Learning, Leadership and Management hear these words all day every day... lofty goals but how do we make it real? Add to that, that simply put, people don't like change. But what if we could implement and utilize these enterprise tools in a fast and "Non-Disruptive" way, enabling us to glean insights about our business, identify and reduce exposure, risk and liability, and secure business continuity?
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
"The Striim platform is a full end-to-end streaming integration and analytics platform that is middleware that covers a lot of different use cases," explained Steve Wilkes, Founder and CTO at Striim, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"MobiDev is a Ukraine-based software development company. We do mobile development, and we're specialists in that. But we do full stack software development for entrepreneurs, for emerging companies, and for enterprise ventures," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...