BMC Software, Inc. is an American multinational

information technology Information technology (IT) is a set of related fields within information and communications technology (ICT), that encompass computer systems, software, programming languages, data processing, data and information processing, and storage. Inf ...

(IT) services and

consulting A consultant (from "to deliberate") is a professional (also known as ''expert'', ''specialist'', see variations of meaning below) who provides advice or services in an area of specialization (generally to medium or large-size corporations). Cons ...

, and

enterprise software Enterprise software, also known as enterprise application software (EAS), is computer software used to satisfy the needs of an organization rather than its individual users. Enterprise software is an integral part of a computer-based information ...

company based in

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Texas Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the we ...

History

The company was founded in Houston, Texas, by former

Shell Shell may refer to: Architecture and design * Shell (structure), a thin structure ** Concrete shell, a thin shell of concrete, usually with no interior columns or exterior buttresses Science Biology * Seashell, a hard outer layer of a marine ani ...

employees Scott Boulette, John Moores, and Dan Cloer, whose surname initials were adopted as the company name BMC Software. Moores served as the company's first CEO. The firm primarily wrote software for IBM mainframe computers, the industry standard at the time, but since the mid-1990s has been developing software to monitor, manage and automate both distributed and mainframe systems. In 1987, Moores was succeeded by Richard A. Hosley II as CEO and President. In July 1988, BMC was re-incorporated in Delaware and went public with an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

for BMC stock. The first day of trading was August 12, 1988. BMC stock was originally traded on the

Nasdaq The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...

under the symbol BMCS and later on the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

with symbol BMC.

Acquisition and privatization by private equity firms

In May 2013, BMC announced that it was being acquired by a group of major private equity investment groups for $6.9 billion. The process was completed in September 2013 and the company is no longer publicly traded. It was announced on October 2, 2018 that BMC was acquired by KKR, a leading global investment firm. The company was acquired from a private investor group led by Bain Capital Private Equity and

Golden Gate Capital Golden Gate Capital is an American private equity firm based in San Francisco. The firm makes investments in a number of select industries, including technology, financial services, retail and industrial, through leveraged buyout transactions, as ...

together with GIC, Insight Venture Partners, and Elliott Management.

Products and services

BMC Software specializes in software designed to enable an autonomous digital enterprise, developing products used for multiple functions including automation, service management,

DevOps DevOps is the integration and automation of the software development and information technology operations. DevOps encompasses necessary tasks of software development and can lead to shortening development time and improving the development life ...

, workflow orchestration, AIOps, and security. The company supports enterprises using mainframes with its Automated Mainframe Intelligence (AMI) product line, which enables self-managing mainframe systems. Self-managing mainframes use machine learning to improve efficiency by anticipating needs, sending alarms, and taking actions without the need for manual actions. BMC's Control-M software is an application workflow orchestration platform that allows businesses to run hundreds of thousands of batch jobs daily and use the data to optimize complex business operations, such as

supply chain management In commerce, supply chain management (SCM) deals with a system of procurement (purchasing raw materials/components), operations management, logistics and marketing channels, through which raw materials can be developed into finished produc ...

. Users can access all enterprise batch jobs through a single graphical interface. Control-M integrates with distributed storage systems such as HDFS,

YARN Yarn is a long continuous length of interlocked fibres, used in sewing, crocheting, knitting, weaving, embroidery, ropemaking, and the production of textiles. '' Thread'' is a type of yarn intended for sewing by hand or machine. Modern ...

MapReduce MapReduce is a programming model and an associated implementation for processing and generating big data sets with a parallel and distributed algorithm on a cluster. A MapReduce program is composed of a ''map'' procedure, which performs filte ...

and Apache Spark. In 2019, the firm made the program available in a Docker container, allowing easy deployment to the public cloud or on-premises. The software has been named the overall leader in workload automation by Enterprise Management Associates in each report since 2010. In 2020, the firm announced the launch of

SaaS Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike oth ...

-based BMC Helix Control-M application workflow orchestration. The TrueSight suite utilizes AI and

machine learning Machine learning (ML) is a field of study in artificial intelligence concerned with the development and study of Computational statistics, statistical algorithms that can learn from data and generalise to unseen data, and thus perform Task ( ...

to provide insights and network automation capabilities, and includes TrueSight Operations Management, TrueSight Automation for Networks, TrueSight Automation for Servers, and TrueSight Orchestration.

Directors and staff

The company was founded by John J. Moores in 1980. Richard A. Hosley II was president and chief executive officer of BMC Software, Inc. from October 1987 until April 1990. Shortly after becoming president, Hosley took the company public in 1988. Hosley was succeeded by Max Watson Jr. in April 1990. Max Watson Jr. was chairman and chief executive officer of BMC Software from April 1990 to January 2001. In 2001, BMC appointed the company director, Garland Cupp, as chairman, succeeding Max Watson, who quit the post in January 2001. Watson was succeeded as chairman and CEO by BMC's former senior vice president of product management and development, Robert Beauchamp. In December 2016, Peter Leav succeeded Bob Beauchamp as president and chief executive officer. In October 2019, Ayman Sayed was named as President and CEO of BMC Software.

Litigation

In 2022, BMC won a lawsuit against IBM for "fraudulently inducing and then violating a software licensing agreement", and was awarded over $1.6 billion in damages. This was then overturned by the 5th U.S. Circuit Court of Appeals in New Orleans, stating that "a lower court judge's determination concerning liability was in error." The three-judge panel, U.S. Circuit Judge Edith Jones said AT&T, one of BMC's biggest clients, had switched to IBM software "independently" and that BMC had "lost out to IBM fair and square".

References

External links

* {{DEFAULTSORT:Bmc Software Orchestration software Job scheduling Software companies based in Texas Information technology consulting firms of the United States International information technology consulting firms Privately held companies based in Texas Companies based in Houston Software companies established in 1980 American companies established in 1980 Business software companies Companies formerly listed on the Nasdaq 1980s initial public offerings 2018 mergers and acquisitions Kohlberg Kravis Roberts companies Software companies of the United States Software performance management 2013 mergers and acquisitions 1980 establishments in Texas Bain Capital companies