6 Steps For Migrating From Micro Focus ALM To A Modern Test Management Environment

On January 9, 2018, Micro Focus’ stock plummeted more than 15 percent, just four months after its takeover of HP Enterprise’s software business. The sharp decline prompted a response from longtime shareholder Richard Holway on TechMarketView. According to Holway, “concerns, both in recent performance and outlook, centred on the lack of revenue growth.” But revenue growth is not a primary objective for the company, Holway notes. Instead, Micro Focus’s stated objective is increasing shareholder returns by cutting operating costs. The strategy didn’t take off right away: less than three months later, on March 17, shares declined by more than 50 percent after the software experienced technical problems and longtime CEO Chris Hsu announced his resignation.

 

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