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Blog: Merv Adrian

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Hello and welcome to my BeyeNETWORK blog! I will use this blog to share my thoughts and observations on new analytic business applications and data management : vendor briefings, case studies, events and other activities that stimulate ideas will be the source. I believe the emergence of this new class of application, and new emerging data management tools, herald a next step in the maturity of information technology, and I'm excited to be present for its emergence. I hope my blog entries will stimulate ideas that will serve both the vendors creating these new solutions and the companies that will improve their business prospects as a result of applying them. Please share your thoughts and input on the topics.

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SAND Technology Starts 2010 Well After Flat 2009

ADBMS vendor SAND Technology's report on its 2009 fiscal year seemed to offer little reason to change my earlier skeptical position on the firm. Its 2009 revenue was essentially flat at $7 million (Canadian dollars throughout). Cost of sales, R&D, and SG&A - and the firm's net loss - were also nearly unchanged. And yet, there are changes going on, and they are positive signs, especially for a year in which the IT market will rebound. Net income for SAND's fiscal 2010 first quarter was $553,253 on revenues of $2,485,464 - a substantial turnaround from a net loss of $989,850 on revenues of $1,223,928 for fiscal Q1 2009. One quarter is not a trend, but it is a good sign.