Thinkovation

Richard Holway posted this morning about Kashflow (a small but growing UK-based software company that offers accounting software via software as a service).

In Richard’s post he mentions that it seems that Michael Jackson (former Chairman of Sage) had made an offer for the Kashflow business of £1m, which was rejected by Kashflow’s founder Duane Jackson.

According to Richard, Jackson made the offer with a view to using the Kashflow product to act as the “heart” of a new SaaS venture he was planning.

Well done Duane for saying no to the £1m for 100%… If I were him I wouldn’t give the company up at this point in time, but I’d be very keen to find a way to sell Michael Jackson some kind of stake since he’d made a very city-friendly supporter and has a wealth of experience that money cannot buy.

I’m only posting this, because it reminded me of a conversation I’ve had several times with Holway - I’ve always been critical of what I perceive to be a deep lack of innovation at Sage, and have given Richard a hard time in the past over his positive opinion of the company. Richard only needs to point to the company’s long-term financial performance to justify his view of course, but I believe that Sage will be dead in 5 years unless it can develop a completely new platform around SaaS - which is something you don’t do by buying lots of companies and cobbling them together.

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Katy Ring has joined us at Bathwick.

On a personal note, I can’t tell you how delighted and excited I am. Katy is an amazing person to work with - and I’m over the moon.

Here’s the press release:

Bathwick Group Press Release:

For Immediate Release

5.6.2008

Dr. Katy Ring joins The Bathwick Group

Dr. Katy Ring has joined the Bathwick Group as a Principal analyst in the IT Services field. Highly regarded internationally as an analyst with insightful and challenging views on the development of the IT services market, Dr Ring will be responsible primarily for developing Bathwick’s new Global IT Services research programme, due for launch in Q4 2008.
Jonathan Steel, CEO at The Bathwick Group, said “I am delighted to welcome someone of Katy’s calibre to Bathwick; her experience and ability adds a sharp edge to Bathwick’s IT Services research and consulting business.”
Latterly with NelsonHall, Dr. Ring spent 12 years at Ovum leading research into the opportunities for emerging software and services markets as well as developing the company’s Outsourcing Practice. Prior to her tenure as a Principal analyst and Practice Leader at Ovum, Katy was a journalist with publications such as Computer Weekly and Computergram, and was founding editor of Software Futures.
Commenting on her appointment at Bathwick, Dr Ring said, “It is refreshing to join a research organization committed to developing research that is both commercially relevant and intellectually engaging. The Bathwick Group has the operational agility, professionalism and cultural audacity to enable its researchers to think differently. I am very excited by the opportunity to build a Global IT Services programme here.”

Dr Ring holds two degrees: an Honours degree in politics, philosophy and history from the London School of Economics and a PhD in the popularisation of science from the University of Kent at Canterbury.

Two major announcements to comment on today (Sun and MySQL, and Oracle and BEA)- but they both merit separate posts.

Sun has acquired MySQL AB the Swedish software company behind the eponymous (well without the “AB”) open source database. for what the press release describes as “approximately$1 billion”.

This move is of real interest to me since I’m currently writing a “MySQL and VB.NET” how to guide (see my development blog for the first installment).

I think that on balance this is good news. Of course there are caveats - Sun has a mixed record when it comes to acquisitions - but provided that they keep faith with the user base (and I think that they will) and can keep a few of the key MySQL engineers (and I think that they can) MySQL will continue to prosper.

There are couple of other “wrinkles” two key database vendors own bits of technology that are pretty “core” to MySQL; Oracle owns InnoDB (one of the core database engines that MySQL uses), and IBM owns Solid (another storage engine). But both Oracle and IBM should be smart enough to know “not to go there” when it comes to horsing with something as popular with the community as MySQL.

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