What happens to ADM if it's not sold?
12 replies (most recent on top)
@1vk ADM like the rest of the company is hiring and returning to growth
ADM is going to struggle to pass any level of due diligence. Next to zero new logo, dedicated capable competition and a customer base that resemble inmates, not clients.
And over half of the ADM business knowledge has been shown the door.
@w3 No. It's not a bubble. It's not incompetence. It's not being misguided or mistaken.
It's. A. Scam.
It's always been a scam. OT has never innovated. Not once. They buy other companies and products, change the logo, gut the dev teams, and then charge the customers 10% more every year for support renewals.
There's just no other word for it. It's a scam.
The ELT runs things like a private equity firm and they do it by choice. It's a deliberate act to fleece customers and ruin products while increasing prices and fees, all while cheering about how great and new and improved things are when they demonstrably aren't.
It's fraudulent. It's dishonest. It's a scam.
They're living in a bubble — that's my take on OpenText's board of directors.
Decent product suite all SAAS enabled marketing stupidity renamed some of the products. It’s got a very large install base and well respected
ADM products world class? You're joking, correct?
@ed It’s not hard to outperform either Cyber and ITOM. Neither sell anything of note.
ADM is selling more than enterprise Cyber and ITOM!! What ever happens to everyone is a cyber seller…. Short term plans all sales leaders sweat hard over quarter numbers. There is no plan… The ADM products are world class
I thought these once-great products were finally turning a corner after being sick as he-l for years — you know, that long-term patient who'd been struggling forever but was finally starting to show real signs of improvement, maybe even getting discharged soon.
Then in storms OpenText — this brain-dead f*king mr*n — kicks the door open, robs the room blind… and just for the he-l of it, yanks the plug and flatlines the poor ba----d right as he was starting to recover.
Bro, the dude was finally getting better! You didn’t have to play executioner!
@ae That is their damned business model. OT is run like a PE operation.
@OP OTEX will slowly ki-l the products by eliminating those experienced with the products and replace them with the cheapest COE replacements they can find. The COE replacements will be nearly useless, and the products will slowly die after a short period of improving margins due to cheap labour that accomplishes little but excuses.
That is how they ki-led AST products.
We keep it and hire more people as we are returning to growth and need all our people and more