HONG KONG -- (MARKET WIRE) -- Jul 05, 2011 -- Today, www.WorldStreetFundamentals.com released its industry report highlighting Blackboard Inc. (NASDAQ: BBBB) and Autodesk, Inc. (NASDAQ: ADSK). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php.
Systems software spending will be boosted by growing interest in cloud computing. It is expected that revenues will increase at a mid-single digit rate in 2011, approximately in line with the overall IT industry. It is foreseeable that stronger growth is coming from the enterprises, as companies upgrade their data center infrastructure. Year to date through May 20, the Systems Software Index declined 2.6%, compared to a 6.3% rise for the S&P 1500.
World Street Fundamentals has highlighted Blackboard Inc. as a provider of enterprise software applications and related services to the education industry. The Company's various software applications are delivered in its six product lines: Blackboard Learn, Blackboard Transact, Blackboard Connect, Blackboard Mobile, Blackboard Collaborate, and Blackboard Analytics. It also offers application hosting for clients who prefer to outsource the management of their Blackboard Learn systems, and its Blackboard Student Services offering includes student lifecycle management and information technology support services. In January 2011, it announced the launch of a new student services offering with the acquisition of Presidium Inc (Presidium). The entire report on Blackboard Inc. (NASDAQ: BBBB) is available here: www.WorldStreetFundamentals.com/ViewFullReport.245.php.
World Street has highlighted Autodesk, Inc. as a design software and services company. The Company serves customers in the architecture, engineering and construction, manufacturing, and digital media and entertainment industries. The Company operates in four segments: Platform Solutions and Emerging Business (PSEB), Architecture, Engineering and Construction (AEC), Manufacturing (MFG) and Media and Entertainment (M&E).The principal software products of these segments include general design software, including AutoCAD. The entire report on Autodesk, Inc. (NASDAQ: ADSK) is available here: www.WorldStreetFundamentals.com/ViewFullReport.138.php.
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