mark
EUROPE DRIVES SAGE GROWTH
- Wednesday, 27 January 2016
Business in Europe was a major factor in a 6.6-percent increase in organic revenue for Sage's first quarter ended December 31. The company said this week that a 10.4-percent rise in organic recurring revenue was driven by a 35.7-percent hike in subscription income. The first quarter "does represent good progress," CFO Steve Hare said during a webcast of the trading update. In trading updates for the first and third quarters, European companies do not release actual revenue and earnings.
SAP ON 2015: EVERYTHING WORKED
- Friday, 22 January 2016
With CEO Bill McDermott in his finest "resistance is futile" form, SAP reported strong results for the year ended December 31. In this week's earnings webcast, McDermott painted a picture of the software giant as a company that is in no bad markets and is crushing the competition. "We are one of the few companies that is growing both in the cloud and in license revenue," McDermott said. The German organization, he continued, has the most cloud customers of any software company and its performance is driving "gains about both core and narrowly focused cloud competitors" with the percentage of predictable revenue growing every year.
BRITTENFORD TOP CONCUR ADVISOR
- Friday, 22 January 2016
Brittenford Systems has been named Advisor of the Year for the Concur Advisor program for 2015. The Washington, D.C.-area reseller won the honor in the first year of the award program. CEO Shereen Mahoney notes Brittenford has been a Concur Platinum Advisor since 2013.The company received the award for leading the program in number of units sold through the advisor channel. The program encompasses accountants and ERP Solution Providers.
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