Software

Just one year ago, executives at Vitria Technology Inc. (VITR) were doing their best impression of a hobo in Waiting for Godot. They believed a market would arrive for their whizbang product--a new computer program that makes a critical connection between Internet software and a company's regular digital tools for such business processes as ordering and customer service. They just didn't know when. At the end of 1999, annual revenues were stuck at a measly $27 million.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.