News and Analysis (15673)
DELTEK READIES CLOUD PRODUCTS
- Thursday, 26 April 2012
- News and Analysis
- Written by mark
While Deltek reported results for the first quarter ended March 31 and had a 16-percent rise in product revenue, it is useful to focus on what’s coming to market. That includes Maconomy SaaS on the 2012 schedule. And the Herndon, Va.-based company next month will deliver a SaaS based version of Vision that it expects to reach SMBs in the professional services market.
QURIUS TURNS TO LOSS
- Thursday, 26 April 2012
- News and Analysis
- Written by mark
Qurius, a Dynamics reseller based in Belgium, swung to a loss for the first quarter ended March 31 compared to net income a year ago. That came as revenue for the most recently ended period fell by 13.2 percent. The company lost about $842,000 compared to earnings of roughly $1.4 million a year earlier. Revenue dropped to about $24 million. Numbers are translated from euros. The company blamed delays in major products for the downturn. Qurius also employed more quota carrying staff (presumably the meaning of fee earners) in all operations this replaced consultants and as a result the company expects higher margins this year.
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THREE RESELLERS OPT FOR SERENIC
- Thursday, 26 April 2012
- News and Analysis
- Written by mark
Serenic, which markets the Navigator nonprofit accounting system, has named three new resellers. And after last year's signing of some international resellers, this group was notable because they were all American. These include Stanley Stuart Yoffee & Hendrix of Maitland, Fla., which had carried Serenic's Human Capital Management Solutions for several years.
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NETSUITE INKS FOUR VARS
- Thursday, 26 April 2012
- News and Analysis
- Written by mark
NetSuite has signed four new resellers and during this week's first-quarter earnings webcast, CEO Zach Nelson said there would be more soon. In his usual charitable tone towards competitors, Nelson said, "It's close to a stampede in the Microsoft and Sage VAR channel to move to NetSuite."
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NETSUITE: USUAL NON-GAAP NET, GAAP LOSS
- Thursday, 26 April 2012
- News and Analysis
- Written by mark
NetSuite reported results for the first quarter ended March 31 this week with many of its usual themes. It had a net loss on a GAAP basis but a big improvement in non-GAAP net income. And CEO Zach Nelson took his usual swings at the competition.
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BIZ BYDESIGN WINNING BIG SITES
- Wednesday, 25 April 2012
- News and Analysis
- Written by mark
The repositioning of SAP's Business ByDesign application up market is apparently going well. In a webcast regarding SAP's fourth-quarter results, the company pointed to success in that arena. "ByDesign is gaining further traction among larger customers," co-CEO Jim Hagemann-Snabe said during the discussion.
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EXACT REVS UP; LICENSE SALES OFF
- Wednesday, 25 April 2012
- News and Analysis
- Written by mark
Exact has reported a 5.3-percent growth of EBITDA on a 3.8-percent increase in revenue for the first quarter ended March 31. But that was driven by increases in maintenance and service revenue with income from license sales down. There was also a sharp increase in revenue from Exact Online, which is not sold outside the Benelux countries.
PRONTO SOFTWARE NAMES COO
- Tuesday, 24 April 2012
- News and Analysis
- Written by mark
Australian Pronto Software has named Nick Morton as its COO, a new position for the financial application vendor. Morton has worked at the company since November 1974. He was mostly recent branch manager for the company's Victoria and Tasmania territories.
ERP VARS EDGE INTO SUGAR AWARDS
- Tuesday, 24 April 2012
- News and Analysis
- Written by mark
ERP resellers that sell SugarCRM did not take home top awards from SugarCon, the conference being held this week in San Francisco. But since effort to enlist the accounting software crew is fairly new, they acquitted themselves well. (Does anyone convict themselves well? Hmm.)
SUGAR STARTS CERTIFICATION PROGRAM
- Tuesday, 24 April 2012
- News and Analysis
- Written by mark
SugarCRM did the usual things that vendors do at conferences - it spun out a lot of news. The important events include signing a new distribution agreement with Ingram Micro, announcing a certification program and forming an advisory board. All that came out of SugarCon 12, the company’s conference held in San Francisco this week.
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