Compuware

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Compuware Corporation
Type Public
Traded as NASDAQCPWR
Industry Information technology
Founded 1973
Founder(s) Peter Karmanos, Jr.
Thomas Thewes
Allen B. Cutting
Headquarters The Compuware Building
Detroit, Michigan, U.S
Area served Worldwide
Key people Robert C. Paul
(CEO)
Joe Angileri
(CFO)
Products Computer software
Services IT services
Revenue Decrease US$ 944.5 million (FY 2013)[1]
Operating income Decrease US$ (2) thousand (FY 2013)[1]
Net income Decrease US$ (10.5) thousand (FY 2013)[1]
Total assets Decrease US$ 1.973 billion (FY 2013)[1]
Total equity Decrease US$ 998.2 million (FY 2012)[1]
Employees 4,491 (March 2013)[1]
Website Compuware.com

Compuware Corporation is an American software company with products aimed at the information technology ("IT") departments of large businesses. The company's services also include testing, development, automation, Cloud computing based collaboration and performance management software for programs running on mainframe computer and distributed client–server systems. The company has its headquarters in Downtown Detroit, Michigan.[2]

Compuware has more than 7,100 customers around the world, including 46 of the top 50 Fortune 500 companies and 12 of the top 20 most visited U.S. websites.[3]

For its fiscal 2012, the company revenues were 1.009 billion. The founder is Peter Karmanos, Jr. who, on March 31, 2013 retired from the company.[4] The new CEO is former Chief Operating Officer Bob Paul.[5]

History[edit]

Compuware is a contributing member of the Apdex Alliance.

Inception and early years[edit]

In 1973, Karmanos, Thomas Thewes, and Allen B. Cutting established Compuware Corporation. Their vision was to help people do things with computers by providing their clients with professional technical services, allowing them to focus on their own core businesses. In 1977, Compuware introduced Abend-AID, its first software product. Designed to detect bugs and suggest corrective action in corporate IBM mainframe systems, Abend-AID is still a standard in a market with more than 8,000 copies in use as of 2008.[citation needed] The release of Abend-AID established a product strategy for Compuware, alleviating the peaks and valleys of revenue that occur in the services business. By 1978, Compuware opened its first remote office to service the Washington, D.C. and Baltimore area.

1980s[edit]

Compuware launched its File-AID product line. Using a request-driven interface, File-AID products help computer programmers / developers to quickly and easily find, create, extract, transfer, fix, convert, load, edit, age and compare data. This allows developers to focus on developing and maintaining applications that meet business needs. Compuware also announced Playback, the company's first automated testing tool. Later, Compuware moved from its Southfield location to as new corporate headquarters in Farmington Hills, Michigan. Compuware acquired its first European subsidiaries.

1990s[edit]

Throughout the 1990s, Compuware acquired several companies building their position in the marketplace, including Centura Software, XA Systems, EcoSystems Software, UNIFACE development environment, Hiperstation, Coronet, Direct Technology Limited, DRD Promark, Inc, NuMega, Data Processing Resources Corporation, Programart and the CACI Products Company. In 1992, Compuware completed its initial public offering (IPO) of stock. In 1994, Compuware commenced a secondary public offering in order to raise needed cash, and named Joseph A. Nathan President and Chief Operating Officer. By April 1998, Compuware had more than $800 million in sales and earned nearly $100 million 1997.[6] At the end of 1998, Compuware surpassed the US$1 billion revenue mark. In 1999, Compuware employees numbered more than 15,000, prompting the company to announce its intention to build a new headquarters building in Campus Martius Park in Detroit, Michigan.

2000s[edit]

Since 2000, Compuware has acquired e-business services firms BlairLake, Inc., Nomex, Inc., Covisint, LLC,[7] Adlex, Inc.,[8] SteelTrace,[9] Changepoint,[10] Proxima Technology's Centauri Business Service Manager. In 2003, the company's 30th year of existence, Compuware completed construction on its new world headquarters building in downtown Detroit. In 2008 the company formally launched Compuware 2.0, and introduced a new slogan: "We make IT rock around the world". On November 9, 2009 Compuware acquired Gomez, Inc. for its application performance management software.[11] In 2009, Compuware hired ex-mayor of Detroit and convicted felon, Kwame Kilpatrick. In 2010, Compuware fired him.

2010s[edit]

On July 6, 2011, Compuware acquired dynaTrace software.[12] On September 25, 2013 Compuware subsidiary Covisint announced pricing of Initial Public Offering.[13] On January 08, 2014 Compuware announced the planned divestiture of its Changepoint, Professional Services and Uniface divisions to Marlin Equity Partners for $160M.[14]

Locations[edit]

Compuware's headquarters are at One Campus Martius, Detroit, Michigan 48226.[15] Compuware moved its headquarters and 4,000 employees to Downtown Detroit in 2003.[16] The headquarters facility, completed in 2002, has 15 floors and 1,100,000 square feet (100,000 m2) of space. The headquarters facility includes an on-site daycare, a 38,000 square feet (3,500 m2) fitness center, and 55,000 square feet (5,100 m2) of retail space.[17] Prior to the move, the headquarters were in Farmington Hills, Michigan.[18]

Compuware has 84 offices in 30 countries. Some of the worldwide locations include:

Products[edit]

  • Application Performance Management (APM) suite - Comprising Web site performance and browser compatibility test tools; and network, server, Java/.NET, application monitoring and analytics. Includes Vantage, Gomez and dynaTrace.
  • File-AID - Mainframe-based file editor/manipulator
  • Abend-AID - Mainframe application failure resolution tool
  • Hiperstation - Mainframe automated testing and auditing tool
  • Strobe - Multi-platform application performance monitoring tool
  • Xpediter - Mainframe developer productivity tools
  • Covisint - Secure, cloud-based collaboration tools

Competitors[edit]

Competitors include Riverbed Technology, New Relic, AppDynamics, and Computer Associates.

Reports from Analyst Firms[edit]

The Info-Tech Research Group ranked Compuware as a "Market Pillar" [19] in their Enterprise Project Portfolio Management Vendor Landscape for 2014.

See also[edit]

References[edit]

  1. ^ a b c d e f "2013 Form 10-K, Compuware Corporation". United States Securities and Exchange Commission. Retrieved 2013-05-29. 
  2. ^ "Compuware World Headquarters". Emporis. Retrieved 12 March 2013. 
  3. ^ "About Compuware". Compuware Corporation. Retrieved 2010-11-03. 
  4. ^ Compuware Corporation Announces Changes to Board of Directors, 2013-04-08 
  5. ^ "Karmanos stepping down as Compuware Corp.'s CEO". Bloomberg Business Week. Retrieved 2011-06-07. 
  6. ^ William Patalon III (April 19, 1998), "The Year 2000 caper: Finding riches in glitches But unwary investors risk getting singed chasing fix-it stocks", Baltimore Sun, sec. Financial, p. 1F, retrieved January 9, 2013 
  7. ^ "Compuware Corporation Signs Definitive Agreement to Acquire Covisint". Compuware Corporation. Retrieved 2004-02-05. 
  8. ^ "Compuware Acquires Adlex to Strengthen Application Service Management Leadership". Compuware Corporation. Retrieved 2005-05-09. 
  9. ^ "Compuware Adds Business Requirements Management Through Acquisition of SteelTrace". Compuware Corporation. Retrieved 2006-08-04. 
  10. ^ "Compuware to Acquire IT Governance Market-Leader Changepoint, Further Optimize, Quantify and Communicate IT Value". Compuware Corporation. Retrieved 2004-04-28. 
  11. ^ "Compuware Completes Acquisition of Gomez". Compuware Corporation. Retrieved 2009-11-09. 
  12. ^ "Compuware Acquires dynaTrace software". Compuware Corporation. Retrieved 2011-07-06. 
  13. ^ "Compuware Announces Pricing of Covisint Initial Public Offering". Compuware Corporation. Retrieved 2013-09-25. 
  14. ^ "Compuware Announces Strategic Divestitures, Completes Major Transformational Milestone". Compuware Corporation. Retrieved 2014-01-08. 
  15. ^ "Directions to Compuware Headquarters." Compuware. Retrieved on November 2, 2009.
  16. ^ "Decade in review: Business." The Detroit News. December 31, 2009. Retrieved on January 7, 2010.
  17. ^ "Corporate Headquarters." Compuware. Retrieved on January 7, 2010.
  18. ^ "United States/Canadian Compuware Offices." Compuware. May 8, 1999. Retrieved on January 7, 2010.
  19. ^ The Info-Tech Research Group- Vendor Landscape: Enterprise Project Portfolio Management

External links[edit]