Sage intends to increase its spending for research and development from about 15 percent of annual recurring revenue to 17 percent, chief executive Steve Hare said. He made his comments during this week’s webcast for earnings for the year ended September 30, a year marked by the continuing move to the cloud.

C3 AI, led by industry CRM veteran Tom Siebel, has filed to go public. The company, which utilizes technology from Microsoft and Adobe Systems, is picturing its AI-based technology as superior to that provided by market leader Salesforce.com.

Erin Shy, who has been associated with the MIP nonprofit software lin for more than a decade, has become CEO of Watermark. She joined Watermark, which makes software for higher education organizations, this month, according to her LinkedIn profile.