
Guilt by association
IT monolith Computer Associates appears to be wanting to
distance itself from its past by changing its name. During the 1990s the outsourcing giant was so big that it
attracted small moons into its orbit and became a by word for large government
deals.
However the outfit was extremely controversial. The US
Department of Justice stopped it buying everything that moved and it
faced
large amounts of debt, and a proxy battle between the board and
shareholders. Then there was the small matter of fat cat salaries,
arguments about accounting methods, and insider-trading by its then CEO
and
chairman, Sanjay Kumar.
A lot of it was put back on track in the later part of
the decade by new CEO, John Swainson who retired last year. However the
Computer Associates had a bit of image problem, particularly in the UK where
several of its high profile government computer projects tanked. Now the new bloke CEO Bill McCracken wants to change the
name from Computer Associates to CA Technologies, build a new web site and make
its past go away.
"The name CA Technologies acknowledges both our past
and points to our future as a leader in delivering the solutions that will
revolutionize the way IT powers business agility," he said. "We are
executing on a bold strategy to delight our customers with unprecedented levels
of IT speed and flexibility."
He also announced a new global branding program to
inspire the industry to “Believe Again” in the power of technology to support
business. Well that makes us all feel better.