Question-and-Answer Session
Operator
Your first question comes from the line of Michael Huang - Thinkequity.
Michael Huang - Thinkequity
First of all, in terms of the activity levels that you saw on Q2 which were better than in Q1, which product areas seem to be the, which product areas seem to be poised to rebound first and is there any difference in activity level across geographies and verticals?
Pete Sinisgalli
Sure, we are happy to take that Michael. As Dennis mentioned in his comments regarding geographies, we had about the same performance in each of those three geographies in the second quarter overall with each down about 35% overall revenue. I do not think there was a material difference in geographies in terms of the product categories, particularly the larger deals coming down the stretch at the end of Q2. We had a number of multi product deals that in those conversations leveraging our supply chain execution solutions as well as some of our inventory optimization and planning opportunity, so a mix of items.
But as you know, the majority of sales of our solutions tend to be in the supply chain execution phase, largely our warehouse management solutions, extended into five management solutions, supply chain intelligence solutions and transportations solutions and we see that activity by going forward from here.
Michael Huang - Thinkequity
Okay. I am not sure if you had the chance to take a look at JDA's result reported last night but they also announced that the demand environment is improving versus Q1 and the private planning optimization is an area of strength. So, are you seeing anything that would suggest that your planning and optimization area could be an area that could rebound first in the second half of the year?
Pete Sinisgalli
JDA's results were actually quite encouraging to us. Obviously, they had a very strong quarter with strong license revenue which I think is a good indication of future market's appetite for enterprise solutions that will help them improve infrastructure and operating effectiveness. We compete with JDA in just a couple of application spaces. From what I can discern from their results, the majority of their success in Q2 was in planning and optimization at the store level of operation.
So, in those areas where we do not compete, they had from what I could tell the strongest success. But that, as I said, is encouraging to us. We have a number of common customers purchasing different solutions from one another but a number of common customers and as markets get more comfortable releasing capital, I think that is a good sign for all of us.
- To read the full transcript on Seeking Alpha, click here »
