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ACUMATICA CLOUD TRENDS UPWARD Featured

Jon Roskill, AcumaticaAcumatica offers both cloud-based an on-premises versions of its software. But for the first half of the year, subscriptions produced 85 percent of revenue with that trending upward and license revenues trending downward.

Churn also is decreasing, the company says, at 8 percent and trending down. Meanwhile, VARs are producing 76 percent of revenue, "a bit more" than the half year ago. These statistics were presented during a recent analysts' day in Boston by CEO Jon Roskill. At that time, Acumatica also released its manufacturing edition, based on an application from JAAS Software. The company noted that it has been getting interest from Macola VARs so the manufacturing package is useful. However, the largest numbers of resellers showing interest are Sage Vars.

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