mark
ISVS ADOPT ACUMATICA PLATFORM
- Friday, 20 February 2015
Five ISVs have adopted the Acumatica Cloud xRP platform as the engine for developing new applications. Acumatica says there are now more than 50 ISVs and OEMs in the program. One of the more notable members of the effort is Australia's MYOB, which made a $13 million investment in Acumatica last year. The down-under company utilized Acumatica as the engine for its recently introduced online MYOB Advanced, designed for the mid-market.
PRIVATE EQUITY AND CLOUD ERP
- Friday, 20 February 2015
An intriguing question was asked during this week's Epicor earnings webcast. An analyst queried Epicor CFO Kathy Crusco about whether the company's current capital structure "is IPO dependent." Crusco replied, "It is not IPO dependent." Epicor is widely believed to be on the block, presumably private equity group Apax Partners wants to cash out.
SALES EXECUTION DENTS EPICOR
- Friday, 20 February 2015
Sales execution in the United State impacted Epicor's ERP revenue for 2014, the company said in this week's conference call. Epcior had previous reported the quarterly numbers but its earnings calls generally lag the reports by several days. CEO Joseph Cowan said a new head of U.S. sales had been hired, although he gave no names. However, LinkedIn shows Peter Elmgren joined Epicor as VP of sales in December.
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