BobWScott

BobWScott

TOP 100 NOMINEES AND THE CLOUD

A majority companies submitting forms for this year’s Top 100 selection have more than 50 percent of their revenue coming from cloud products. That was 62 percent of the 93 firms that answered the question. (All provided revenue and employees)

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COVID-19 CUTS INTO PRODWARE REVS

The coronavirus outbreak hindered results for France-based reseller Prodware said this week. The company noted a slump in integration and consulting services as it reported results for the first quarter ended March 31.

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XERO TURNS FIRST-TIME PROFIT

Xero reported $2 million in net income for its year ended March 31, the first time the cloud software company has been in the black annually. That contrasted with a loss of roughly $16.2 million for fiscal 2019.

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