Revenue growth forecasts from Digital Me and related eCommerce products, look here.....;)
NEW YORK (CBS.MW) -- Dennis Raney: software executive or eugenic engineer?
The mild-mannered CFO of Novell Inc. (NOVL) tried to wow money managers at the
Goldman Sachs technology conference Thursday by invoking his company's plans to create a
"digital persona," or constant identity, that customers can use across different computer
platforms and applications.
"If you can create an integrated 'me' on the Web, it's going to
greatly facilitate" a business, Raney told his audience. To that
end, Utah-based Novell plans to introduce products this year that
apply to e-commerce, single sign-on, Internet caching, and
personal ID control.
Novell stock gained 1 1/6 to 19 5/8 on volume of 4 million shares
following Raney's remarks.
In all these products, Novell's directory technology would enable
users and system managers to recognize a single ID across
different software systems, Raney said.
That would look attractive to e-commerce companies, he
reasoned, even though the technology isn't focused on executing
transactions. Most e-commerce work involves "managing
identity," Raney said.
Novell plans to introduce a new cache appliance on Intel chips
around the middle of the year. It also plans to expand its directory
software for servers about the same time.
Raney told a small gathering after his remarks that he expected
caching to become a "half-a-billion dollar business" for Novell within the next three years.
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