The company's strategy of bundling suites of products together continues to gain momentum. That's not the whole story, though. Software has evolved to the point where dot-coms and global 2000 businesses depend on it to run every business operation. As a result, the programs have become more complex and the rush to Web-enable operations has placed a great burden on programmers to develop applications quickly. If a company were unable to operate its customer-based applications, for example, sales would be adversely affected.
Businesses are unwilling to leave something like that to chance.
No doubt about it, yesterday's results and the increased guidance signal that the demand for Rational's products remains strong. The Motley Fool. All rights reserved.