Open Text shoots up in the Lighthouse Software Index

The biggest gainer of analyst focus this month is Open Text which has leapt up a massive 24 spots [writes our colleague Waqas Ahmed]. The announcement of some excellent financial growth along with news of upcoming products has surely helped the firm in improving its ranking this month.

Veritas, which is now a part of Symantec, is also the focus of analysts this month and has gained 14 positions. The firm is in the news due to the sale of Precise Software Solutions, the application performance management business of Symantec. This business was acquired by Symantec when it acquired Veritas and hence the sale has sparked a rise in the mention of Veritas.

Informatica is the only new entrant to the top 25 this month. The firm has recently been in the news for the announcement of its new data migration suite and for announcing the implementation of its PowerCenter solution at India’s second-largest bank, ICICI Bank.

Altiris, which had posted strong and unexpected gain last month, is the biggest loser this month. The firm has dropped 15 positions and is now ranked at the 41. Aspect Software, stated as a challenger by Gartner in the IVR Software segment, has dropped down 7 positions and is now ranked at the 32nd spot. The firm is the only firm to have dropped out of the top 25 this month.

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