Bing, I don't know how long you have worked with Remedy so I may be telling you things you already know, but here's my slanted pro-Remedy vision of history, which will explain why people are raising these concerns.
Basically, the golden age of Remedy was when Remedy Corporation existed. You had great support staff, the system was very stable as a development platform, and there was a great community. Then, Peregrine bought Remedy, and essentially they messed up the existing support infrastructure and staff to where you couldn't get help. Peregrine introduced bugs into the product, and essentially it appeared as if their goal was to kill off Remedy so they could stifle competition with their inferior products. However, the dotcom bust came, and it turned out that Peregrine had been involved with potentially fraudulent business practices, and ended up selling off Remedy to BMC after nearly completely killing off the product. Then, BMC turned things around, and while many of us feel that things were better when Remedy was an independent company, BMC has done an infinitely better job than Peregrine did with improving the Remedy product and building it back up to be a top of the line tool. Many of us are not necessarily happy with the focus on ITSM rather than AR System development, but that is more of a sign of what BMC's vision based on today's market is rather than BMC having bad intentions with the product. As a result of what Peregrine was accused of, as well as the direction the company took Remedy in, there is a lot of hostility amongst the Remedy community towards anything to do with Peregrine. In fact, it's been rumored that some of the ARSList regulars go out on weekends spraying DDT in peregrine falcon nesting grounds to maintain their status as an endangered species. Ok that last part isn't true, but I think we all have a valid reason to mistrust rather than respect anyone that was involved with Peregrine at a high level. Thanks, Shawn Pierson From: Action Request System discussion list(ARSList) [mailto:[email protected]] On Behalf Of Bing Sent: Tuesday, March 23, 2010 10:25 AM To: [email protected] Subject: Re: Service-now.com ** Just read the link and came away with a different impression. John Moores co-founded BMC in 1980, was a venture capital investor in Peregrine in 1981, and co-founded JMI Equity in 1992. JMI is one of multiple venture capital groups investing in Service-Now. John Moores is not a principal at Service Now. I've also meet with Fred Luddy, co-founder of Service-Now, via telephone and visited Service-Now's headquarters in Solano Beach. (And they are indeed right ON the beach.) If you think Fred is flying high and scooping up tons of other people's money, think again. Visit their facility and see how modestly the company operates. My hat goes off to Fred and his brother for doing what American business does best -- take an idea, find investors, start a company, create jobs, then work like hell to make it a success. I believe they are deserving of our respect, not our criticism. -- Bing ________________________________ From: Action Request System discussion list(ARSList) [mailto:[email protected]] On Behalf Of Rick Cook Sent: Tuesday, March 23, 2010 7:28 AM To: [email protected] Subject: Re: Service-now.com ** That last link from John shows that Moores was also accused of selling $630M in his own Peregrine stock before the company's financial house of cards was exposed, causing the stock to plummet to a few cents. Despite owning over 60% of the company's stock, he denied having any active role in, or even being really aware of, any of the company's criminal activities, and the SEC couldn't prove him wrong, so he got to keep it. Hope it keeps him warm at night. I prefer having a clean conscience, which money cannot buy. Good to know who I don't want to do business with, and any company with Luddy and Moores at the top would not be on that list. Fool me once... Rick On Tue, Mar 23, 2010 at 10:12 AM, John Sundberg <[email protected]<mailto:[email protected]>> wrote: ** Also -- a major funder of Service-now is John Moores (M in BMC) http://www.jmiequity.com/portfolio/ Also was Peregrine guy. http://en.wikipedia.org/wiki/John_Moores_(baseball)<http://en.wikipedia.org/wiki/John_Moores_%28baseball%29> And -- interesting: http://www.businessweek.com/magazine/content/02_41/b3803060.htm -John On Mar 23, 2010, at 8:46 AM, Guillaume Rheault wrote: ** Great point, it only takes one rotten apple to spoil the basket. I don't think he'll conduct himself as Mother Teresa!! -Guillaume ________________________________ From: Action Request System discussion list(ARSList) [[email protected]<mailto:[email protected]>] on behalf of Kelly Deaver [[email protected]<mailto:[email protected]>] Sent: Monday, March 22, 2010 5:14 PM To: [email protected]<mailto:[email protected]> Subject: Re: Service-now.com ** What scares me.. the CEO of ServiceNow, Fred Luddy, was the CTO of Peregrine! Kelly Deaver L-3 Stratis / FAA Contractor [email protected]<mailto:[email protected]> (ARSlist mail) [email protected]<mailto:[email protected]> (Business mail) _attend WWRUG10 www.wwrug.com<http://www.wwrug.com> ARSlist: "Where the Answers Are"_ -- John Sundberg Kinetic Data, Inc. "Building a Better Service Experience" Recipient of the WWRUG09 Innovator of the Year Award [email protected]<mailto:[email protected]> 651.556.0930 I www.kineticdata.com<http://www.kineticdata.com/> _attend WWRUG10 www.wwrug.com<http://www.wwrug.com> ARSlist: "Where the Answers Are"_ _attend WWRUG10 www.wwrug.com ARSlist: "Where the Answers Are"_ _attend WWRUG10 www.wwrug.com ARSlist: "Where the Answers Are"_ Private and confidential as detailed here: http://www.sug.com/disclaimers/default.htm#Mail . If you cannot access the link, please e-mail sender. _______________________________________________________________________________ UNSUBSCRIBE or access ARSlist Archives at www.arslist.org attend wwrug10 www.wwrug.com ARSlist: "Where the Answers Are"
