News and Analysis

News and Analysis (15659)

ACUMATICA BULKS UP CHANNEL TEAM

Mike Silver, AcumaticaAcumatica has beefed up its channel team with two hires. The most interesting is the naming of Mike Silver to lead partner consulting. Silver founded Omnios which was purchased by the SBS Group. Not surprisingly, Silver's roots as in selling Solomon, which is the architectural ancestor of Acumatica's application. Read more...

SERENIC CHOPS LOSS

serenic navigatorIt seems appropriate to mention up front that Serenic signed Catapult ERP, a reseller based in western Canada as part of its channel this month. That's on top of three U.S. VARs picked up in April and some international ones last year. Read more...

SUITEYS HIGHLIGHT QB REPLACEMENT

Zach Nelson, NetSuiteNo, NetSuite did not make a big deal about replacing QuickBooks in its first-ever Suitey awards. But in the six categories in which the displaced financial package was named, QuickBooks was involved in six of them. The Suiteys were handed out last week and replaced the infamous Hair Ball Awards. Read more...

WAVE ACCOUNTING GETS $12 MILLION

wave logoWave Accounting has secured $12 million in funding for its efforts to develop the market for its online accounting applications. Based in Toronto, Wave said the funding round was led by The Social+Capital Partnership with participation from existing investors Charles River Ventures and OMERS Venture.

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INFOR NAMES NEW VP

Ali Shadman, InforInfor has named Ali Shadman as SVP of a new organization that it said would help customers upgrade to the company’s latest technologies. Shadman, who reports to CEO Charles Phillips, is responsible for building tools and programs to accelerate customer upgrades to the latest release of Infor applications. One specific goal was to utilize virtualization in hybrid cloud, on-premise deployments. Previously, Shadman was VP and chief technologist for HP’s Technology consulting division. He also held executive positions with Unisys over eight years in two different tenures with that company.

 

 

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EPICOR LICENSE REVS DROP

Pervez Qureshi, EpicorEpicor Software felt the impact of transition issues as software license sales fell by 14.2 percent with an overall revenue gain of 1.2 percent on a pro forma basis for the first quarter ended March 31. The company, reflecting the combined results of the former Activant Solutions and Epicor under the latter's name, reported a loss $9.5 million on revenue of $204.3 million.

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INTUIT'S QBES KEEPS BOOMING

Brad Smith, Intuit

Intuit's QuickBooks Enterprise Solutions continues its act as the company's Energizer Bunny. It just keeps going. Intuit ended the third quarter on April 30 with 64,000 active QBES customers, which was up 18.5 percent from the 54,000 at the end of the quarter a year earlier.

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SAP FORECAST: CLOUDY WITH MORE CLOUDS

Rainer Zinow, SAPSAP has put into motion what it called an acceleration of its cloud strategy. That's based on the recently completed acquisition of SuccessFactors, whose CEO and founder Lars Dalgaard is leading the effort. Beyond the broad scope, among the more immediate concerns to the channel is the company said it was accelerating release cycle of Business ByDesign from six months to six months.

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SWK REVS UP, SOFTWARE SALES OFF

swk technologies logo.SilverSun Technologies, the parent of Sage reseller SWK Technologies, swung to a loss for the first quarter ended March 31 while revenue rose by 5.3 percent. The company lost $708,191 for the most recently ended quarter, compared to net income of $465,653 a year ago. Read more...

SAGE ONE SLOPPED INTO U.S. MARKET

sage one logoIt was once the practice that when a company had a launch for what it considered an important new product, it would try hard to generate publicity. It would contact the press in advance of the launch date, schedule an event, set up interviews with product managers and executives and explain the new product. Read more...

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