ERP Software vendor IFS intends to acquire Fakonry, which makes AI-based data analysis software for the manufacturing and defense industries. Terms were not disclosed for the deal, which is expected to close in the fourth quarter.

Cautious customers caught Quisitive Technologies off guard for the second quarter ended June 30 with the result the reseller’s cloud business revenue dropped by 14 percent year-over year.

There seemed to be few, if any, new faces on the Microsoft Inner Circle awards list for ERP VARS for 2023. And it remains largely the home fo the big and the bigger.