Acquisitions benefited the top line of Edgewater Technology but helped push the company to a loss for the year ended December 31. The company lost $4.1 million in 2015, compared to net income of $4.1 million in 2014. Meanwhile revenue rose to $116.7 million for the most recently ended year an increase of 3.3 percent from $113 million the prior year.

The cloud-based Sage Construction Project Center and Sage Bid Management have been launched. The company says unlike its products with the designation "c" after the numbers, these are true cloud applications. A cloud-based hub, the Construction Project Center enables members of project teams to collaborate and share information. The software has automated document distribution and tracking along with audit trails.

Blackbaud's revenue from international operations sank by 10.8 percent for the year ended December 31. The breakout for numbers of sales outside of the United States came as the company detailed its new reporting segments with the filing of the nonprofit software company's annual report with the SEC this week. The International Business Unit had slightly less than $42 million in revenue for 2105, down from $47.1 million in 2014.