News and Analysis (9895)
C3.AI REVENUE RISES 19 PERCENT
- Thursday, 04 March 2021
- News and Analysis
- Written by BobWScott
A 35.8-percent increase in operating expenses helped push C3.ai to a 72-percent increase in its loss for the third quarter ended January 31. Backed by Microsoft and Koch Industries, the company is CEO Thomas Siebel’s venture that is designed to counter Salesforce.com’s dominance in the CRM market.
VERTEX HIRES CTO
- Thursday, 04 March 2021
- News and Analysis
- Written by BobWScott
Tax software vendor Vertax has hired Sal Visca as chief technology officer. Visca replaced Jennifer Kurtz, who worked at Vertex for 21 years five months and served as CTO from January 2016 through October 2020.
PROCORE REVS DOUBLED OVER TWO YEARS
- Thursday, 04 March 2021
- News and Analysis
- Written by BobWScott
Revenue for Procore Technologies have more than doubled over the last two years. The construction software company disclosed its financial statements in an amendment this week its S-1 form, filed a year ago in preparation of an initial public offering.
SOVOS BUYS BRAZIL TAX UNIT
- Thursday, 04 March 2021
- News and Analysis
- Written by BobWScott
Sovos has acquired Fit Sistemas, a company that provides tax reporting capabilities in Brazil. Terms were not disclosed.
INFOR RECURITING UK/IRELAND CHANNEL
- Tuesday, 02 March 2021
- News and Analysis
- Written by BobWScott
Infor has begun what the software calls “an aggressive channel partner recruitment drive "in the UK and Ireland. It is the first partner announcement in some time.
PHOCAS SOFTWARE RAISES $34 MILLION
- Monday, 01 March 2021
- News and Analysis
- Written by BobWScott
Phocas Software, a data analytics software company, has raised $34 million. Based in Sydney, Australia, the company said the money will be used to accelerate growth in America and the United Kingdom, along with expanding into new in countries.
ACUMATICA DEBUTS R1 2021
- Monday, 01 March 2021
- News and Analysis
- Written by BobWScott
Acumatica has introduced its Release 1 for 2021. Ajoy Krishnamoorthy, VP of platform strategy, said during the recent kickoff events that enhancements. The executive highlighted phase 1 of multiple base currency support as one important feature.
CRESTWOOD MAKES C-LEVEL CHANGES
- Monday, 01 March 2021
- News and Analysis
- Written by BobWScott
Reseller Crestwood Associates has changed the roles of two of its leaders. John Gabrys, formerly COO has become this month chief revenue officer of the Schaumburg, Ill.-based company.
IFS CLOUD LAUNCH COMING
- Thursday, 25 February 2021
- News and Analysis
- Written by BobWScott
IFS is introducing the IFS Cloud next month. The Sweden-based company, a sister to Acumatica, has scheduled the virtual event for March 10 through 11.
SWK BUYING INDY-BASED RESELLER
- Thursday, 25 February 2021
- News and Analysis
- Written by BobWScott
SWK Technologies has agreed to acquire CT-Solution, a Sage software reseller based in Indianapolis, Ind. The agreement was announced by SWK’s parent SilverSun Technologies.
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