Baan, once a leading global provider of ERP software hopes its adoptive parent, Invensys, will put it back on the enterprise software applications map. However, we believe Baan’s path to full recovery will be quite thorny. Part 1 discusses Baan’s history and where it is headed under Invensys.
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fifth-ranked ERP vendor, with $736 million revenue in 1998. The Company posted stellar growth (over 80% year over year) from 1995 to 1997, with a significant slowdown in 1998 and sharp revenue decline to $619 million in 1999 (see Figures 1-3). Figures 1. Figures 2. Figures 3. Baan makes a wide portfolio of business applications that link a global enterprise's internal and external operations. The software automates distribution, finance, asset management, manufacturing, sales, customer service,