“Remember the good ol’ days of enterprise software when a vendor
could foist a multi-million dollar software package on an IT buyer
and get away with also charging downstream fees for support and
maintenance? In a sign that this bleak time for IT buyers is at an
end (and a bleak period is ahead for proprietary software vendors),
Goldman Sachs has cut its estimates on a wide range of software
companies, citing a softening in capital expenditures for the near
term…“Red Hat didn’t escape Goldman’s knife, but Microsoft and Oracle
did. Why…?”
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