BMC Software, Inc. is an American multinational information technology (IT) services and consulting, and Enterprise Software company based in Houston, Texas. Gartner 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 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 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 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 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 together with GIC, Insight Venture Partners, 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, 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 Operati ...

, 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 stor ...

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

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