The Vinasty saga continues
We're still getting a lot of reaction on the IRIS/CSG saga – mostly as comments added to previous postings, so keep watching the recent postings box on the right-hand column. This is the latest comment – and 'no' we don't know who made it either although its noticeable that the statement has not yet been released to the press…
“Well here it is the official position from IRIS to users:
The new combined group, encompassing the legal software brands of AIM
Evolution, Laserform, Videss Legal Office, Mountain Software, GB
Systems & Meridian Law provides you, our customers with an
extensive breadth and depth of choice that no others can match.
Furthermore, we are fully committed to all our existing legal product
lines and have no plans to end of life any products in the IRIS legal
What to make of it? At first glance it looks like a bit of a knee jerk
reaction to the criticism from users and the market generally that no
real statements had been forthcoming from CSG over the last year or so.
It would appear they have no plans to 'end of life' – for this month,
this year, 5 years?? Not very definitive and one which could be easily
changed with new management, strategy etc. Of course it's a bit of a
first for IRIS in that they have products competing in the same space
so with hindsight a woolly statement may come back to haunt them.
Reading between the lines this must mean that they are all competing
within the same group still and therefore leaders will emerge,
resources will not be shared equally and whilst some products may not
have an end of life statement issued they will quietly fall behind.
Another part of the statement reads:
We not only lead the way in R&D but also in service and support. No
other company in the market can claim to have over 300 people dedicated
to the legal software market.
Shouldn't this mean 300 people split between 8 competing product lines at the last count with all the politics etc associated. (I make it 300 between 6 = 50 people each …Charles Christian)
If you read up on their new owners you will see that they will expect
an exit in 3-5 years max at a handsome profit. Given what was paid
they'll have to go some to achieve this. Generally everyone realises
IRIS will be up for sale in a relatively short period all over again
either because it can't afford the massive level of debt or because its
owner requires the exit that it will have made clear to management over
the last few months – that's little comfort for users looking at their
future IT strategy.”