Novell Earnings Falter as It Preps Workload Management Vision
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It has been a tough year for a lot of vendors in the IT space and for Novell (NASDAQ: NOVL), it's been no exception. But even as it posts a widening quarterly loss, the company's executives aren't easing up on the pace going into 2010. Instead, they described plans to expand Novell's Linux business as well as a new strategy to cash in on what they see as enterprises' need to better manage their workloads across physical, virtual and cloud-based environments. "I believe there is a new market for solutions that address the risks and challenges for computing securely across multiple environments," Hovsepian said. "This need plays to the strengths of Novell -- identity and security, systems and resource management, and our new SUSE Appliance program."
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