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But Jalichandra told us that that the blog search engine is growing and layoffs were necessary to "fine tune" its business model to eventually become profitable.
Jalichandra maintains that the blog search engine is growing and layoffs were necessary to "fine tune" its business model to eventually become profitable.
The company says it will use the extra capital to better serve both the enterprise market (where it says demand for its adaptive learning engine is growing) and end consumers with its online test preparation services.
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Expert systems, which combine a knowledge base, user interface and an interface engine, are growing in popularity thanks to the simplicity for the end user.
The cure for the profitability problems is clear enough, in targets that Henderson has published: a 25% gross margin, up from 21% in 1998; overhead and engineering limited to 16% of sales, down from 17%; and a resulting operating margin of 9% by 2001, up from 5%, as long as global engine demand is growing.
Chinese and Russian firms want to enter the fray, though that may take even longer.In the meantime, Rob Morris of Ascend, an aviation consultancy, notes that the tendency towards having just one engine option per plane is growing.
Indeed, as the world's main economic engines continue to sputter, there is growing consensus that we are finally entering a very different kind of economy.
But there is growing evidence that the engine of growth is losing steam, with retail sales slowing.
Its search engine Youdao.com has been growing steadily on consumer shopping searches.
Non-tracking search engine DDG has been growing steadily for years, for example, hitting 30M daily searches last fall — with year-on-year growth of ~50%.
The firm's sales of those durable but dirty little engines had already been growing by 20% a year since 1996, but have now received an added boost.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com