What's new at CA Technologies? Turns out the company has been quietly trying to reinvent itself as a top provider of enterprise products for managing cloud services and mobile devices, extending its expertise beyond in-house IT management.
It's a tough challenge for CEO Michael Gregoire, who took charge of CA in 2010 to transform the company for this new age. As enterprises slow their spending on traditional IT management software, CA's revenue has stagnated. For the past fiscal year, which ended in June, CA tallied US$4.5 billion in sales, roughly level with the prior year.