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He is the most prominent casualty of the acquisition of British software company Autonomy, much of the value of which has now been written off.
BBC: Hewlett-Packard chairman Raymond Lane steps down
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Looking to shorten the insight cycle, the company promises most customers will begin to see value from using the software before the 30-day free trial ends.
FORBES: Will Data Science Become the New Bottleneck?
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Shares of KIT Digital, a provider of video management software, have lost more than half their previous value this morning after the company late Wednesday disclosed that due to the discovery of accounting irregularities, it is restating financial results fo 2009, 2010, 2011 and the March and June quarters of 2012.
FORBES: KIT Digital Implodes; Finds Accounting Errors, Restating Results; Former CEO Bids
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This would surely make companies like Microsoft sweat, whose application software (Microsoft Office) has been the bastion for the company so far, contributing the maximum value to its stock.
FORBES: Google Apps To Catch A Ride Inside Of GM's Neural Core
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Salesforce so far is thought of solely as a software company, but the data it tracks every day on behalf of customers could one day have tremendous value.
FORBES: Earnings Preview
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And it'll be an even better value once the company opens up the SDK to developers so they can go bananas with the custom software tricks.
ENGADGET: Pebble smartwatch gets a Nintendo-inspired watch face in first public SDK, because why not?