News and Analysis

News and Analysis (9498)

NETSUITE CUSTOMERS UP 28% IN YEAR

Statistics released by Oracle this week show the number of Oracle NetSuite customer has risen about 28 percent for the 12 months ended August 31. In a prepared statement, Oracle co-Mark Hurd said there were more than 18,000 NetSuite ERP customers when the first quarter ended August 31.

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ORACLE CEO HURD OUT WITH ILLNESS

Oracle Co-CEO Mark Hurd has removed himself from the software company's operations while he battles an un-specified, but apparently long-term illness. The company announced this week that chairman Larry Ellison and co-CEO Safra Catz will take over his duties.

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LICENSE REV DROP DAMPENS INFOR IPO TALK

An 11-percent decline in license revenue cut into Infor’s results for the first quarter ended July 31. With license income off 15 percent in constant currency for two consecutive quarters, the results seemed to cool off the software company’s talk of a possible initial public offering.

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CEGID NAMES FIRST CFO

Cegid, a French company which makes ERP and retail software, has named François Vauthier as CFO. A newly created position, the job is based in Lyon, France, and reports to CEO Pascal Houillon.

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NET AT WORK CHANGES COOs

Net at Work has promoted Gayle Heskiel to the position of chief operating officer. She replaces Paul Frydman, who had held the job since 2016.

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XERO EXPANDING IN U.K.

Cloud software vendor Xero is opening its third office in the United Kingdom in Manchester, England. The New Zealand-based company said this week the new office, which is scheduled to open in November, will add up to 40 new jobs by early next year.

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ACUMATICA TO PIGGYBACK ON IFS

Acumatica plans to utilize the channel and other parts of the infrastructure of its sister company, IFS, to expand internationally. CEO Jon Roskill said at this week’s Release 2 launch in Waltham, Mass., that Acumatica will piggyback on IFS in countries in which that organization has a presence, such as United Kingdom and South Africa.

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SAGE SHOPPING PAYMENTS

The Sage Group has confirmed it is discussing options for Sage Pay. That includes a possible sale of the payments unit, the software company said this week.

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X3 SHOW GOAL: COMMUNITY

Some may have wondered why Sage needs another conference, given this week’s first-ever event for X3 users. “The real intent was to form a community,” chief marketing officer Ron McMurtie said about the show’s goals.

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WARAWA LANDS AT DIRTT

Jennifer Warawa has landed at DIRTT Environmental Solutions as chief commercial officer effective September 16.  She left her position as an EVP at Sage last month after working at the software company since 2008.

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