News and Analysis

News and Analysis (9762)

SURVEY: REMOTE WORK TO STAY

Remote work will remain a fact of life for American business, according to a Survey by OperationsInc, a human resource consulting firm. Sixty percent of respondents with no remote program in place before the COVID-19 are rethinking their practices.

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UNIT4 BAILS ON BENELUX

Unit4 has sold its Benelux software business to Netherlands-based Exact. No terms were disclosed for the sale of Unit4 Bedrijfssoftware.

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PRODWARE SELLING ISRAELI UNIT

France-based reseller Prodware has decided to concentrate its business in Europe and the United Kingdom. The Sage and Dynamics reseller said this week it has reached agreement to sell Proware Israel to its country manager, Yossi Haimov and an investment fund, Babylon.

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ACUMATICA MOVES SUMMIT TO SPRING

Acumatica has scheduled its annual summit from January to May. The event is still planned for the Wynn Las Vegas but now from May 16 through 21.

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INNOVIA BUYS KANZA BUSINESS SOLUTIONS

Innovia Consulting has acquired Kanza Business Solutions, a Dynamics Business Central and NAV reseller, based in Overland Park, Kan. Terms were not disclosed.

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INSIGHTSOFTWARE BUYS FRENCH BIZ

Insightsoftware, which owns the Jet Reports line, has acquired Viareport. That company, based in Paris, France, markets cloud-based financial consolidation, lease accounting, reporting and forecasting applications.

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NETSUITE REVS UP 25 PERCENT—AGAIN

Oracle NetSuite has continued on a fast growth pace with a reported 25-percent in revenue for the first quarter ended July 30. That market back-to-back quarters with that revenue of revenue growth.

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QAD SIGNS ADAPTIVE RESELLER

QAD has signed eNoah iSolutions to resell QAD Adaptive ERP applications in North America. Headquartered in Chennai, India, eNoah has offices in the United States, Australia, the United Kingdom, Malaysia and Singapore.

Robin Riordan, QAD’s SVP of consulting and transformation services, said in this this week’s announcement, that the manufacturing software company selected the reseller because of its “expertise and experience working with manufacturing companies”  QAD said eNoah provides products and services to the Fortune 500 in the integrated health, insurance, manufacturing and automotive industries. In July, QAD picked up Infosys as a systems integrator to provide service to its customers around the globe. 

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CIBC INVESTS $19M IN VENA SYSTEMS

CIBC Innovation Banking has invested approximately $19 million ($25 million Canadian) in Vena Systems. The Canadian-based company received financing of about $75 million last year.

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ZOHO DEBUTS NEW OFFICE PLATFORM

Zoho has introduced Zoho Workplace, a cloud-based office suite. The software company said this week the suite combines nine integrated applications built on a common model with common search and AI with one dashboard.

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