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SAP TO PUT $2B INTO IOT

Bill McDermott, SAPEnough just talking about the Internet of Things—SAP has agreed to pump 2 billion euros, about $2.2 billion over the next five years, into developing its IoT software portfolio. Besides putting the money in its own operations, the Germany-based software company says funds will grow its partners and startups. Soon, you'll be able to text your microwave and have your coffee mug heated up while you park the car.

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AVALARA EXPANDS IN BRAZIL

AvalaraSales tax vendor Avalara has significantly expanded operations in Brazil in a series of acquisitions. A spokesperson says recent moves grew the business from a handful of consultants and a NetSuite connector to 12 products, four services, and approximately 100 employees. The move follows this month's announcement Avalara had raised $50 million in capital for fueling growth, including M&A.

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SAGE PAYMENTS PORTAL OPENS

Joseph Smutz, SageSage has launched a payments developer portal. Based on technology from Apigee, The Sage Payments Developer Portal is described as "a modern, scalable, and collaborative content management system that delivers an easy-to-consume API experience for Sage Payment ISV and software development partners." Developers and ISVs can access API resources, share information and promote completed integration products.

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