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SAGE SUMMIT MAILING HYPES GROWTH Featured

sage x3Sage is trumpeting double-digit growth in many product lines in a mailing for Sage Summit. This comes as reports of conference attendance vary from 4,500 currently to an expected crowd of 5,000. Presumably product numbers are for the United States, especially the 34-percent growth year-over-year for X3 and X3 upgrade license growth of 58 percent. In its official statistics for the first half ended March 31, Sage reported 7 percent growth in that product worldwide, with the product up 22 percent outside of France.

Overall, North America was up 5 percent. No results for the U.S were released. But to continue with the show mailing there was a 111-percent rise in Sage CRM new license revenue and 24-percent overall product growth. Sage 300 showed a 32-percent hike in new license growth; 9.5 percent overall. One reseller said a quarterly sales meeting reported a "pay the maintenance only license" to move from Pro to Sage 300" and conjectured "That is new license growth I think. There is no revenue but the numbers look good here. That, I believe is how Sage 300 has 34% new license growth." Well, to continue with the conference pitch, there's up 21-percent for upgrade licenses for Sage 100 and up 7-percent for the entire product line. Also showing increases of note was Sage Contractor 100: 66 percent for new licenses; 43 percent for upgrades; 13.5 percent overall. As with most companies, subscription revenue continues to growth at a fast pace with the flier reporting plus 21 percent in "subscription adoption" and overall unit growth in that category of 80 percent.

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