Saturday, May 11, 2013
Nuance Hit By Shift To 'On Demand' Services
As with any company that offers software services, the ongoing shift to the cloud and on-demand services has been disruptive to revenues and profits in the short-term. The issue previously impacted Adobe Systems (ADBE) and Intuit (INTU) and now Nuance Communications, Inc. (NUAN) has been greatly impacted by the shift.
The company is a leading provider of voice and language solutions for businesses and consumers around the world. Its technologies, applications, and services make the user experience more compelling by transforming the way people interact with devices and systems.
Read the full article at Seeking Alpha.
Disclosure: Long NUAN. Please review the disclaimer page for more details.