Computer Associates 2007 Annual Report Download - page 13

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This Annual Report on Form 10-K (Form 10-K) contains certain forward-looking information relating to CA, Inc. (the
“Company,” “Registrant,” “CA,” “we,” “our, or “us”), that is based on the beliefs of, and assumptions made by, our management
as well as information currently available to management. When used in this Form 10-K, the words “anticipate,” “believe,
“estimate,” “expect,” and similar expressions are intended to identify forward-looking information. Such information includes,
for example, the statements made under the caption “Management’s Discussion and Analysis of Financial Condition and
Results of Operations” under Item 7, but also appears in other parts of this Form 10-K. This forward-looking information
reflects our current views with respect to future events and is subject to certain risks, uncertainties, and assumptions, some of
which are described under the caption “Risk Factors” in Part I Item 1A and elsewhere in this Form 10-K. Should one or more of
these risks or uncertainties occur, or should our assumptions prove incorrect, actual results may vary materially from those
described in this Form 10-K as anticipated, believed, estimated, or expected. We do not intend to update these forward-
looking statements.
The products and services mentioned in this Form 10-K are used for identification purposes only and may be protected by
trademarks, trade names, services marks and/or other intellectual property rights of the Company and/or other parties in the
United States and/or other jurisdictions. The absence of a specific attribution in connection with any such mark does not
constitute a waiver of any such right.
This Form 10-K also contains references to other company, brand, and product names. These company, brand, and product
names are used herein for identification purposes only and may be the trademarks of their respective owners.We disclaim any
responsibility for specifying which marks are owned by which companies or which organizations.
Part I
ITEM 1. BUSINESS.
(a) General Development of Business
Overview
CA, Inc. is one of the world’s largest independent providers of information technology (IT) management software. We develop,
market, deliver and license software products and services that allow organizations to run, manage and automate aspects of
their computing environments, or IT infrastructures, which are critical to their business.
The Company was incorporated in Delaware in 1974, began operations in 1976, and completed an initial public offering of
common stock in December 1981. Our common stock is traded on the New York Stock Exchange under the symbol “CA”.
We are considered an Independent Software Vendor (ISV). ISVs develop and license software products that can increase the
efficiency of computer hardware platforms or operating systems sold by other vendors.
Our software helps our customers dynamically manage the people, processes, computers, networks and the range of
technologies that make up their IT infrastructure. We have a broad portfolio of software products and services that span the
areas of infrastructure management, security management, storage management and business service optimization.
Business Developments and Highlights
In April 2007, we held CA World with the theme of “Innovation in the Real World” where we addressed the challenges facing
the IT industry and showcased the evolution and delivery of our Enterprise IT Management (EITM) strategy for transforming
the way businesses manage IT. We delivered this message to more than 5,000 customers and partners.
In fiscal year 2007, we took the following actions to support our business:
We continued pursuing our multi-year, four-part growth strategy to make our EITM vision real for our customers, enable a
competitive cost structure for us, and move our Company from transaction-oriented sales to a relationship driven model
with a focus on the largest enterprise customers. Please refer to “— (c) Narrative Description of the Business — Growth
Strategy” below for more information.
1