Micro Focus Company Profile

Background

Overview

Micro Focus International plc, established in 1976 and headquartered in Newbury, United Kingdom, is a global enterprise software company. The company specializes in delivering critical software solutions that enable organizations to develop, test, deploy, assess, and modernize business-critical enterprise applications. Micro Focus's mission is to help customers bridge existing and emerging technologies, maximizing the value of their IT investments.

Mission and Vision

Micro Focus aims to empower organizations to innovate faster with lower risk by providing software solutions that bridge the gap between existing and emerging technologies. The company's vision is to be a trusted partner in enabling digital transformation through reliable and scalable software solutions.

Industry Significance

With a focus on enterprise software, Micro Focus plays a pivotal role in assisting organizations across various industries to manage and modernize their IT infrastructures. The company's solutions are integral to sectors such as finance, healthcare, government, and telecommunications, where robust and scalable software systems are essential.

Key Strategic Focus

Core Objectives

Micro Focus's strategic focus centers on enabling customers to maximize the value of their existing IT investments while embracing new technologies. The company emphasizes:

Application Modernization and Connectivity: Helping organizations modernize legacy applications to adapt to evolving business needs.

Application Delivery Management: Enhancing the speed and quality of application development and delivery processes.

IT Operations Management: Providing tools for efficient service assurance and IT service governance.

Cybersecurity (CyberRes): Offering solutions to detect threats, secure data and applications, and protect identities.

Information Management and Governance: Assisting in analyzing, understanding, and controlling data to derive value and manage enterprise risk.

Key Technologies Utilized

Micro Focus leverages a range of technologies, including:

COBOL and PL/I: Supporting legacy programming languages for application modernization.

Artificial Intelligence and Machine Learning: Enhancing software testing, security, and data analytics capabilities.

Cloud Computing: Facilitating scalable and flexible deployment options for enterprise applications.

Primary Markets Targeted

Micro Focus serves a diverse clientele across various industries, including:

Financial Services: Providing solutions for secure and efficient transaction processing.

Healthcare: Ensuring compliance and data security in patient information systems.

Government: Supporting public sector organizations in modernizing legacy systems.

Telecommunications: Enhancing network management and service delivery capabilities.

Financials and Funding

Funding History

Micro Focus has a history of strategic acquisitions and mergers to expand its product portfolio and market reach. Notable financial milestones include:

2014: Acquired The Attachmate Group for $1.2 billion, adding Attachmate, NetIQ, Novell, and SUSE product lines.

2017: Merged with Hewlett Packard Enterprise's software business segment, creating one of the world's largest pure-play software companies.

2022: Announced acquisition by OpenText in a deal valued at $6 billion, completed in January 2023.

Revenue

In the fiscal year 2021, Micro Focus reported revenues of approximately $2.9 billion. The company's financial performance reflects its extensive product offerings and global customer base.

Pipeline Development

Key Products and Solutions

Micro Focus offers a comprehensive suite of products across various domains:

Application Modernization and Connectivity: Solutions that enable organizations to modernize legacy applications and integrate them with new technologies.

Application Delivery Management: Tools that enhance the speed and quality of application development and delivery processes.

IT Operations Management: Products that provide efficient service assurance and IT service governance.

CyberRes (Cybersecurity): Solutions that help detect threats, secure data and applications, and protect identities.

Information Management and Governance: Tools that assist in analyzing, understanding, and controlling data to derive value and manage enterprise risk.

Product Development and Updates

Micro Focus continually invests in research and development to enhance its product offerings. Recent developments include:

Voltage SmartCipher: A solution that offers secure collaboration and simplifies unstructured data protection and management.

Operations Bridge – SaaS: A full-stack AIOps platform combined with the agility of software-as-a-service.

Technological Platform and Innovation

Proprietary Technologies

Micro Focus has developed and integrated several proprietary technologies, including:

COBOL-IT: Acquired in 2017, providing COBOL development tools for application modernization.

Fortify Software: Offers static and dynamic application security testing products, supporting software security assurance.

Significant Scientific Methods

The company employs advanced methodologies such as:

Static Application Security Testing (SAST): Analyzing source code for security vulnerabilities.

Dynamic Application Security Testing (DAST): Assessing running applications for security issues.

Artificial Intelligence and Machine Learning: Enhancing software testing, security, and data analytics capabilities.

Leadership Team

Key Executives

Stephen Murdoch: Chief Executive Officer and Director.

Matthew Ashley: Chief Financial Officer and Director.

Paul Rodgers: Chief Operating Officer.

Professional Backgrounds

Stephen Murdoch: Appointed CEO in 2018, previously served as Chief Operating Officer.

micro-focus