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IBM targets Microsoft's suite spot | |
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| Time: 10:38 EST/15:38 GMT | News Source: ZDNet | Posted By: Chris Hedlund | ||
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Once mired in a stagnant market, IBM's Lotus division will use industry standards to loosen Microsoft's grip on desktop software, according to the outgoing Lotus general manager. The Lotus division, which includes IBM's Notes, WebSphere Portal and Workplace products, turned in a 17 percent year-over-year revenue increase in the second quarter--the third consecutive quarter of double-digit growth. That financial performance, highlighted by CEO Samuel Palmisano's quarterly review to employees, demonstrates that IBM's Lotus division has successfully reinvented itself and the market it competes in, Lotus General Manager Ambuj Goyal said last week in an interview with CNET News.com. | ||
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