BMC Software, Inc. is an American multinational

information technology Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of data . and information. IT forms part of information and communications technology (ICT). An information technology system ...

(IT) services and

consulting A consultant (from la, consultare "to deliberate") is a professional (also known as ''expert'', ''specialist'', see variations of meaning below) who provides advice and other purposeful activities in an area of specialization. Consulting servic ...

, 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 individual users. Such organizations include businesses, schools, interest-based user group ...

company based in

Houston Houston (; ) is the List of cities in Texas by population, most populous city in Texas, the Southern United States#Major cities, most populous city in the Southern United States, the List of United States cities by population, fourth-most pop ...

Texas Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2 ...

Gartner Gartner, Inc is a technological research and consulting firm based in Stamford, Connecticut that conducts research on technology and shares this research both through private consulting as well as executive programs and conferences. Its clients ...

has positioned BMC as a Leader for the eighth consecutive year in Gartner's 2021 Magic Quadrant for IT Service Management Tools for its BMC Helix ITSM solution.

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 ** Thin-shell structure Science Biology * Seashell, a hard o ...

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 IBM mainframes are large computer systems produced by IBM since 1952. During the 1960s and 1970s, IBM dominated the large computer market. Current mainframe computers in IBM's line of business computers are developments of the basic design of t ...

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 investme ...

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 Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

under the symbol BMCS and 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 of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...

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 KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strateg ...

, 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 Insight Partners (previously Insight Venture Partners) is an American venture capital and private equity firm based in New York City. The firm invests in growth-stage technology, software and Internet businesses. History Insight Partners was fo ...

, and

Elliott Management Elliott Investment Management is an American investment management firm. It is also one of the largest activist funds in the world. It is the management affiliate of American hedge funds Elliott Associates L.P. and Elliott International Limit ...

Notable acquisitions

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 a set of practices that combines software development (''Dev'') and IT operations (''Ops''). It aims to shorten the systems development life cycle and provide continuous delivery with high software quality. DevOps is complementary t ...

, workflow orchestration,

AIOps Artificial Intelligence for IT Operations (AIOps) is a term coined by Gartner in 2016 as an industry category for machine learning analytics technology that enhances IT operations analytics. AIOps is the acronym of "Artificial Intelligence Operat ...

, 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) is the management of the flow of goods and services including all processes that transform raw materials into final products between businesses and locations. This can include the movement and sto ...

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

HDFS Apache Hadoop () is a collection of open-source software utilities that facilitates using a network of many computers to solve problems involving massive amounts of data and computation. It provides a software framework for distributed storage an ...

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 manufac ...

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

and

Apache Spark Apache Spark is an open-source unified analytics engine for large-scale data processing. Spark provides an interface for programming clusters with implicit data parallelism and fault tolerance. Originally developed at the University of Califor ...

. 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 A job scheduler is a computer application for controlling unattended background program execution of jobs. This is commonly called batch scheduling, as execution of non-interactive jobs is often called batch processing, though traditional ''job ...

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 software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software. SaaS is co ...

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

machine learning Machine learning (ML) is a field of inquiry devoted to understanding and building methods that 'learn', that is, methods that leverage data to improve performance on some set of tasks. It is seen as a part of artificial intelligence. Machine ...

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; Moores was a "former Shell Oil computer specialist ... whose software made Shell's computers more efficient." 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.

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