News and Analysis

News and Analysis (9815)

NET AT WORK/ACCTWO  TOP SAGE, INTACCT VARS

Net at Work has been chosen as the Sage Top Overall Sales Partner for the year ended September 30 while AcctTwo was picked as the Sage Intacct Overall Partner of the Year. The selections were announced as Sage this month simultaneously disclsoed awards for its two reseller channels for the first time

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NET AT WORK ABSORBS ANOTHER VAR

 Net at Work continues mopping up smaller Sage resellers this month. It most recently said it has purchased Pleasanton, Calif.-based Sysera, a Sage 300 reseller. New York-based Net at Work has said there will be more purchases of smaller Sage resellers that are part of its network program.

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SAGE TO BOOST R&D BY TWO POINTS

Sage intends to increase its spending for research and development from about 15 percent of annual recurring revenue to 17 percent, chief executive Steve Hare said. He made his comments during this week’s webcast for earnings for the year ended September 30, a year marked by the continuing move to the cloud.

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ANTI-SALESFORCE C3 AI GOING PUBLIC

 

C3 AI, led by industry CRM vendor Tom Siebel, has filed to go public. The company, which utilizes technology from Microsoft and Adobe Systems, is picturing its AI-based technology as superior to that provided by market leader Salesforce.com.

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MIP EXEC SHY JOINS WATERMARK

Erin Shy, who has been associated with the MIP nonprofit software lin for more than a decade, has become CEO of Watermark. She joined Watermark, which makes software for higher education organizations, this month, according to her LinkedIn profile.

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SUGAR CRM BUYS W-SYSTEMS

SugarCRM has acquired W-Systems, one of the CRM software company’s top resellers. A division of Gannett UpCurve, W-Systems was Sugar’s North America Reseller of the Year in 2020.

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SYSPRO NAMES SALES/MARKETING HEAD

Syspro has named Sandra Fraga as chief sales and marketing officer.  In the dual roles, she will have responsibility for channel and direct sales, along with marketing globally for the manufacturing software company.

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CANADA SAVES ALITHYA’S QUARTER

Strong growth in Canada more than offset COVID-19-induced declines in business in Europe and the United States for the third quarter ended September 30. The company, which has Dynamics and Oracle reselling operations, more than halved its loss while posting a 1.5-percent increase in revenue.

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XERO SUBS RISE 17 PERCENT IN NA

The number of Xero subscribers in North America rose 17 percent to 251,000 for the first half ended September 30. The cloud software company this week also reported North American revenue reached about $20.8 million a 4-percent increase, a rise of 2 percent in constant currencies.

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INSIGHT BUYING IDL GROUP

 Insightsoftware has agreed to buy the IDL Group, which specializes in consolidating multi-source, financial data. Terms were not disclosed.

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