Beagle
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Intersting Twelve Tones Co. Info
Just found this and thought it was interesting. I had always been curious about the approximate number of employees and yearly revenue. http://biz.yahoo.com/ic/102/102846.html
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bapu
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RE: Intersting Twelve Tones Co. Info
2008/11/25 17:31:58
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Roland , a longtime Twelve Tone partner, brought its ownership to 60% in 2008 when it added 45% to its previous stake. First time we saw that number (although it was speculated to be about that number) Yeah, the revenue and employee numbers were interesting. I worked in a ERP software development company with ~50 employees and our average revenue was $10M (a single site sale could be $2-3M and the sales cycle was about 18-30 months). TT's rev/emp numbers are okay, not earth shattering, but okay.
post edited by bapu - 2008/11/25 17:32:58
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space_cowboy
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RE: Intersting Twelve Tones Co. Info
2008/11/25 18:53:37
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Yeah $200k per employee +/- is nothing to justify comments like "Cake thinks we are made of money"
Figure salaries and burden (benefits, SS,...) probably cost Cake $75k/employee (1/2 of what the auto unions are making). You have computers to buy, ads to run, hardware to build, the expense of all the marketing trips...
It aint gonna leave a ton left over for a few guys to get rich.
Some people call me Maurice SPLAT Pro lifetime, ADK 6 core 3.6Ghz with 32 GB RAM, SSD 1TB system drive, 3 3TB regular drives for samples, recordings and misc. Behringer X Touch, UAD Apollo Quad. 2 UAD2 Quads PCI (i think - inside the box whatever that is), Console 1. More guitars (40??) and synths (hard and soft) than talent. Zendrum!!!
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DonM
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RE: Intersting Twelve Tones Co. Info
2008/11/25 19:23:55
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I think the most interesting data element is the competitor list. Apple, Yamaha... clearly reflecting thr 60% Roland role.
-D
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bapu
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RE: Intersting Twelve Tones Co. Info
2008/11/25 19:30:11
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It aint gonna leave a ton left over for a few guys to get rich. My (previously unexpressed) thoughts exactly.
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bapu
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RE: Intersting Twelve Tones Co. Info
2008/11/25 19:33:23
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ton Maurice, this the second time you used "ton" today. You're a big thinker, I see. 
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liberty
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RE: Intersting Twelve Tones Co. Info
2008/11/25 20:15:38
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64 Employees=64 bits
Sonar X2a Producer, IntelQ6600, 4GB ram, RME HDSP9652, and AMD Phenom X6 1100T, 16 GB Ram, Windows 7 64, 3x Behringer ADA8000, BCF-2000etc...
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Fog
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RE: Intersting Twelve Tones Co. Info
2008/11/25 20:29:09
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Trusty
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RE: Intersting Twelve Tones Co. Info
2008/11/25 20:45:58
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64 full-time employees? I wouldn't think so, but if it is, that is way more than I thought.
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bitflipper
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RE: Intersting Twelve Tones Co. Info
2008/11/25 23:34:09
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Because the company is not public, any information you read about them is speculation and probably somewhat inaccurate. From another similar site: Twelve Tone Systems, Inc.
268 Summer Street
Boston, MA 02210-1108
Industry:
wholesaler of computers/peripherals
Revenue:
$10M - $25M in sales
Employees:
50 - 100 employees
Companies like Twelve Tone Systems, Inc.:
Avanade Inc - Up To Date Inc
Wholesaler of computers and peripherals? OK, peripherals perhaps, if you want to count V-Studio as a peripheral. Here's another one: 268 SUMMER ST
BOSTON, MA 02210
Phone: (617) 423-9004
Web: www.cakewalk.com
Industry: Computers and Computer Peripheral Equipment and Software
Year Founded: 1997
Sales Range: $1,000,000 to $4,999,999
Employees: 10 to 20 Founded 1997? Then who the heck did I buy a copy of Cakewalk 1.0 from in 1988? Come to think of it, he did look a little like Michael J Fox.
 All else is in doubt, so this is the truth I cling to. My Stuff
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eric_peterson
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RE: Intersting Twelve Tones Co. Info
2008/11/26 00:01:56
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I had always been curious about the approximate number of employees and yearly revenue. Wow! I had no idea they were so small. We have about 400 employees on one project (out of many) and burn through about $8 million per month in salaries alone. We have 4 times as many people verification testing a single project's SW as CW has in the entire company. That kind of puts it in perspective. Ironically, I bet the CW folks grind out 3 or 4 orders of magnitude more code as we do. The big difference is that people die if we make a mistake ... After reading those numbers I'm more of a CW "fan boy" than ever. The number of lines of code per engineer must be staggering.
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RobertB
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RE: Intersting Twelve Tones Co. Info
2008/11/26 00:10:58
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Death is kind of a day wrecker. Take your time, and verify that code.
Not sure what you do, but we may need it some day.
My Soundclick Page SONAR Professional, X3eStudio,W7 64bit, AMD Athlon IIx4 2.8Ghz, 4GB RAM, 64bit, AKAI EIE Pro, Nektar Impact LX61,Alesis DM6,Alesis ControlPad,Yamaha MG10/2,Alesis M1Mk2 monitors,Samson Servo300,assorted guitars,Lava Lamp Shimozu-Kushiari or Bob
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fitzj
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RE: Intersting Twelve Tones Co. Info
2008/11/26 04:47:18
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Not huge turnover and a lot of people to pay.
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Crg
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RE: Intersting Twelve Tones Co. Info
2008/11/26 05:52:05
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Yamaha has a DAW out? I can't say the same for Roland now they have a stake. Apple while locked to other DAW programs is not a competitor as I see it. Maybe a future operating system. There's no mention of ProTools, Reaper, or any of the other DAW programs as competitors. The Yahoo article seems a little vague. Like a three Martini look at the DAW world.
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UnderTow
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RE: Intersting Twelve Tones Co. Info
2008/11/26 06:00:54
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ORIGINAL: Crg
Yamaha has a DAW out?
Yes, Cubase and Nuendo. UnderTow
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pjl
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RE: Intersting Twelve Tones Co. Info
2008/11/26 06:11:47
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ORIGINAL: UnderTow
ORIGINAL: Crg
Yamaha has a DAW out?
Yes, Cubase and Nuendo.
UnderTow
And Apple have Logic and Garage Band
Celebrate reason, sleep in on Sundays
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eric_peterson
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RE: Intersting Twelve Tones Co. Info
2008/11/26 07:59:29
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Death is kind of a day wrecker. Take your time, and verify that code.
Not sure what you do, but we may need it some day. You need it almost every time you get on an airplane. If CW developed SW the same way we do SONAR would cost $3200 per upgrade.
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UnderTow
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RE: Intersting Twelve Tones Co. Info
2008/11/26 08:11:36
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Oops! I posted in the wrong thread.  UnderTow
post edited by UnderTow - 2008/11/26 08:12:09
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jackn2mpu
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RE: Intersting Twelve Tones Co. Info
2008/11/26 08:49:35
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ORIGINAL: space_cowboy
Yeah $200k per employee +/- is nothing to justify comments like "Cake thinks we are made of money"
Figure salaries and burden (benefits, SS,...) probably cost Cake $75k/employee (1/2 of what the auto unions are making). You have computers to buy, ads to run, hardware to build, the expense of all the marketing trips...
It aint gonna leave a ton left over for a few guys to get rich.
Typically the burden you talk about is twice an employee's salary. That's irrespective of capital outlay (office supplies, computers, etc.).
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Fog
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RE: Intersting Twelve Tones Co. Info
2008/11/26 11:10:54
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ORIGINAL: Crg
There's no mention of ProTools, Reaper, or any of the other DAW programs as competitors.
pro tools = digi design = owned by avid (so is m-audio + pinnacle) reaper. well maybe he hasn't floated the company, that's why their is no info. Justin is the sole owner I guess and he's loaded anyway. there are very few DAW companies now that aren't owned or funded partly fully by another company. I guess that's the way things have gone.. Beagle you left it a bit late for your takeover of cakewalk, are your pockets deep enough to buy Roland ?  that yahoo thing is a very rough guide though to things.
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mcdonalk
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RE: Intersting Twelve Tones Co. Info
2008/11/26 11:31:54
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space_cowboy:
According to articles that I have read in the mainstream press in the past week, auto union employees earn about 50-60K per year. Workers in non-union plants make a little less. Again, according to what I have read, per recent contracts which have made concessions, new hires into the union make half of the above.
It is a misconception that auto union members are extremely highly paid, although I guess that established members make above the national average.
I am neither an auto union member or an auto employee.
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Beagle
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RE: Intersting Twelve Tones Co. Info
2008/11/26 13:35:56
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Beagle you left it a bit late for your takeover of cakewalk, are your pockets deep enough to buy Roland ? MAN! I knew I shoulda' bought cake before Roland did!
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