News and Analysis

News and Analysis (15376)

NETSUITE GROWTH STAYS HIGH

 Revenue for NetSuite’s ERP software rose by 21 percent year-over-year for the second quarter ended November 30.

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QBO ADVANCED REPORTS CHANGING

Intuit is migrating its reports to an enhanced Modern View Reports, the company said this month. The change means users will no longer be able to toggle between the old and new views.

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RIMINI TO PAY ORACLE $9.7M

Rimini Street has agreed to pay Oracle about $9.7 million for legal costs Oracle has incurred. 

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BILL LAYING OFF 15 PERCENT

 Bill Holdings plans to lay off about 15 percent of its global workforce.

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PHOCAS ENHANCED VIA AI

Phocas Software says it has extended the ease of use of its Analytics software through the use of artificial intelligence. A gradual roll out of its new Phocas AI is planned with every database built by Phocas customers in Analytics, AI ready.

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ENAVATE BUYS DYNAMICS SMB BIZ

 Enavate has acquired the American Dynamics small and medium-business customer base from DXC Technology.

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SILVERSUN SELLING COMPANY

SilverSun Technologies is doing another deal in which the company plans to sell itsself and spin off its operating businesses into another company, which will then go public.

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QUISITIVE REVS DROP

 Quisitive Technology Solutions reported a 9.1-percent decline in sales for the third quarter ended September. But at the same time, cost-cutting helped it cut its loss to 40-percent year-over-year.

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QBE: LAST DESKTOP STANDING

Intuit announced QuickBooks Enterprise and again achieve revenue growth “in the low 20s” in terms of percentage growth the same week it said QBE will be the only desktop QB package sold to new customers after July 31.

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TEIXEIRA JOINS NET AT WORK

Nancy Teixeira, who formerly led Sage’s North American channel, has joined reseller Net at Work as VP of corporate development.

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