Paul Baan

Last updated May 01, 2019

Paul Baan (born 1951), together with his older brother Jan Baan, headed the information technology firm Baan Company, which made a name for itself between 1995 and 2000.

Jan Baan is a Dutch entrepreneur and venture capitalist, known as the founder of the Baan Company, a software company providing Enterprise Resource Planning (ERP) software. After selling the company, he founded Cordys, a company to provide web-related ERP products.

Baan was a vendor of enterprise resource planning (ERP) software that is now owned by Infor Global Solutions.

Baan Company

Baan Company was listed at the Amsterdam Stock Exchange in mid 1995. Through mid 1998 the share price increased at an average of 110% per annum, thus multiplying by a staggering nine times. In the following two years, however, the stock crashed. [1]

Baan Business Systems

Paul Baan resigned as an executive director of Baan Company in December 1995 in order to build up Baan Business Systems (BBS), which had been separated from Baan Company a few months before the latter started trading as a public company. BBS remained a private company, owned exclusively by the Baan brothers, while it marketed the software developed within Baan Company. The sale of shares of Baan Company enabled the financing of BBS. The Baan brothers, thus, let their ownership interest in Baan Company, held through Stichting Oikonomos (Oikonomos Foundation), slip to 47% in mid 1996, but kept their interest in marketing-arm BBS at 100%. [2]

The Baan brothers focussed on the development and sale of software, which lent itself to nearly costless duplication onto computer diskettes, leaving advisory and support at client sites, i.e. the actual implementation, to third parties, such as Capgemini. Paul Baan was, therefore, often heard saying in these years: “Software is allemaal winst!” (Software is all profit!) [3]

Capgemini SE is a French multinational corporation that provides consulting, technology, professional, and outsourcing services. It is headquartered in Paris, France. Capgemini has over 200,000 employees in over 40 countries, of whom nearly 100,000 are in India..

Noaber Foundation

In 2000, Oikonomos Foundation, which remained in the hands of the elder brother, saw the younger brother’s business interests spun off as Noaber Foundation. Noaber Foundation manages exclusively Paul Baan’s wealth. [4] [5]

Related Research Articles

The Dutch East India Company was an early megacorporation founded by a government-directed amalgamation of several rival Dutch trading companies (voorcompagnieën) in the early 17th century. It was established on March 20, 1602 as a chartered company to trade with India and Indianised Southeast Asian countries when the Dutch government granted it a 21-year monopoly on the Dutch spice trade. It has been often labelled a trading company or sometimes a shipping company. However, VOC was in fact a proto-conglomerate company, diversifying into multiple commercial and industrial activities such as international trade, shipbuilding, and both production and trade of East Indian spices, Formosan sugarcane, and South African wine.. The Company was a transcontinental employer and an early pioneer of outward foreign direct investment. The Company's investment projects helped raise the commercial and industrial potential of many underdeveloped or undeveloped regions of the world in the early modern period. In the early 1600s, by widely issuing bonds and shares of stock to the general public, VOC became the world's first formally-listed public company. In other words, it was the first corporation to be listed on an official stock exchange. It was influential in the rise of corporate-led globalisation in the early modern period.

Commercial software, or seldom payware, is a computer software that is produced for sale or that serves commercial purposes. Commercial software can be proprietary software or free and open-source software.

Loews Corporation is an American conglomerate headquartered in New York City. The company's majority-stake holdings include CNA Financial Corporation, Diamond Offshore Drilling, Boardwalk Pipeline Partners, Loews Hotels and Consolidated Container Company.

Johannes "Joop" Adrianus van den Ende is a Dutch theatrical producer, co-founder of international television production company Endemol and founder/owner of Stage Entertainment, Europe’s largest live entertainment company. Stage Entertainment was established in 1998 after being split off from the Live Entertainment Division of Endemol. The company has offices and theatres in eight countries.

PCBoard (PCB) was a bulletin board system (BBS) application first introduced for DOS in 1983 by Clark Development Company. Clark Development was founded by Fred Clark. PCBoard was one of the first commercial BBS packages for DOS systems, and was considered one of the "high end" packages during the rapid expansion of BBS systems in the early 1990s. Like many BBS companies, the rise of the Internet starting around 1994 led to serious downturns in fortunes, and Clark Development went bankrupt in 1997. Most PCB sales were of two-line licenses; additional line licenses were also available.

The Major BBS was bulletin board software developed between 1986 and 1999 by Galacticomm. In 1995 it was renamed Worldgroup Server and bundled with a user client interface program named Worldgroup Manager for Microsoft Windows. Originally DOS-based, two of the versions were also available as a Unix-based edition, and the last versions were also available for Windows NT-based servers.

Euronext Amsterdam is a stock exchange based in Amsterdam. Formerly known as the Amsterdam Stock Exchange, it merged on 22 September 2000 with the Brussels Stock Exchange and the Paris Stock Exchange to form Euronext.

Dynamic enterprise modeling (DEM) is an enterprise modeling approach developed by the Baan company, and used for the Baan enterprise resource planning system which aims "to align and implement it in the organizational architecture of the end-using company".

Template:Infobox country The area is 36,234 km²

Robeco is an originally Dutch asset management firm, since 2013 part of Orix, founded in 1929 as the Rotterdamsch Beleggings Consortium. By year end 2014, the company had €246 billion of assets under management. It was acquired in 2001 by the Rabobank Groep and sold in 2013 to ORIX Corporation.

UTV Software Communications Ltd. is an Indian mass media conglomerate owned by The Walt Disney Company India. UTV was incorporated as United Television Software Communications Pvt. Ltd. on 22 June 1990 by Ronnie Screwvala and Zarina Screwvala. The company later became public, on 27 November 1995, and was renamed to UTV Software Communications Ltd. effective 19 March 1998. UTV was listed on the Bombay Stock Exchange and the Indian National Stock Exchange, and its motion picture division, UTV Motion Pictures Plc was listed on the London Stock Exchange's Alternative Investment Market (AIM).

Mecanoo is an architecture firm based in Delft, Netherlands. Mecanoo was founded in 1984 by Francine Houben, Henk Döll, Roelf Steenhuis, Erick van Egeraat and Chris de Weijer.

Francine Marie Jeanne Houben is a Dutch architect. She graduated with cum laude honours from the Delft University of Technology. She is the founding partner and creative director of Mecanoo architecten, based in Delft, The Netherlands.

Van Lanschot NV is a financial institution of Dutch origin offering private banking, asset management and merchant banking services. It is the oldest independent bank in the Netherlands with a history dating back to 1737. Van Lanschot positions itself as a specialised, independent wealth manager focussing on extremely wealthy individuals. Van Lanschot is dedicated to the preservation and creation of wealth for its clients.

Andrew Rivkin is a Canadian investor and entrepreneur. Rivkin is best known as the co-founder of CryptoLogic, a pioneering online casino software company, and FUN Technologies, one of the world's largest providers of casual games and fantasy sports.

Exact is a Dutch software company that offers accounting, ERP, and other software for small and medium enterprises. Exact develops cloud-based and on-premises software for industries such as accountancy, wholesale distribution, professional services and manufacturing, serving more than 400,000 companies.

Veritas Technologies LLC is an American international data management company headquartered in Mountain View, California. The company has its origins in Tolerant Systems, founded in 1983 and later renamed Veritas Software. It specializes in storage management software including the first commercial journaling file system, VxFS, VxVM, VCS, the personal/small office backup software Backup Exec and the enterprise backup software, NetBackup. Veritas Record Now was an early CD recording software.

Baan is a Dutch surname with a variety of origins. Variant forms are Baans, Baen, De Baan, De Baen and Van der Baan. It can be patronymic, where Baan or Bane may be, among others, a short form of Urbanus. Alternatively, given that Dutch baan can mean "lane" or "track", it may be a toponymic or metonymic occupational surname, referring e.g. to a kaatser or road maker. People with this name include:

References

↑ M. Houben and J. Wester (2001), Baan: Opkomst en ondergang van een softwarebedrijf, Uitg. Business Contact/ Het Financieele Dagblad: Amsterdam, p. 170.
↑ Houben and Wester (2001), pp. 56-9.
↑ Houben and Wester (2001), p. 51.
↑ Robert Kosters, De teloorgang van Jan Baan, Follow the Money, 13 August 2013.
↑ Anon., Vier Barneveldse miljonairs in Quote 500, Barneveldse Krant , 6 November 2015.

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.

[1] M. Houben and J. Wester (2001), Baan: Opkomst en ondergang van een softwarebedrijf, Uitg. Business Contact/ Het Financieele Dagblad: Amsterdam, p. 170.

[2] Houben and Wester (2001), pp. 56-9.

[3] Houben and Wester (2001), p. 51.

[4] Robert Kosters, De teloorgang van Jan Baan, Follow the Money, 13 August 2013.

[5] Anon., Vier Barneveldse miljonairs in Quote 500, Barneveldse Krant , 6 November 2015.