News and Analysis

News and Analysis (15709)

X3 VP MASCARENO LEFT IN APRIL

Crystal Mascareno, Seal SoftwareCrystal Mascareno, VP for Sage X3 in North America, has left the company for Seal Software after nine months. I probably would not report this change but her hiring was reported by me on November 19 in an article about changes in the X3 management structure, a group that had drawn reseller criticism. Mascareno was with Sage from August 2015 through April 2016. 

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QBO PASSES 1.5M SUBSCRIBERS

Sasan Goodarzi, IntuitIntuit has topped 1.5 million subscribers for QuickBooks Online. That's up 25,000 from the total reported for April 30 when its third quarter ended. Subscription numbers and product sales numbers will be released on August 23 when the company reports results for the fourth quarter ended July 30. Intuit says more than 80 percent of QBO subscribers are new to its products.

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FINE SOLUTIONS MOVES INTO CANADA

fine solutionsDynamics reseller Fine Solutions has acquired the Dynamics GP division of DTM Systems of Vancouver, B.C. The deal moves Lynnwood, Wash.-based Fine into British Columbia and Western Canada.

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ELLIS JOINS LEAP THE POND

Debra Ellis, Leap the Pond Debra Ellis has joined Intacct reseller Leap the Pond as director of professional services. Ellis has had a long career in the reseller channel, having founded the Eagle Consulting Group, where she worked from 1994 through 2006.

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INTACCT HIRES HOWELLS AS VP

Ian Howells, IntacctIntacct has hired Ian Howells as VP of market development. Intacct says Howells will "spearhead the cross-company go-to-market strategies for Intacct's targeted vertical market segments. Before joining the San Jose, Calif.-based cloud software vendor, the exec was the head of marketing at Argyle Data, which is a machine learning Hadoop application vendor.

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SAGE NAMES GLOBAL PRESIDENT

Blair Crump, SageSage has hired Blair Crump as president with responsibility for sales and customer service, the first time Sage has ever had a president for the company's world-wide operations. Crump will report to CEO Stephen Kelly. Crump was COO from Pros Holdings from February 2014 and president of Salesforce.com from February 2012 through January 2014.

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INFOR PURCHASES STARMOUNT

Joe Halloum, Starmount Software giant Infor has acquired Starmount, which makes store systems for large and mid-market resellers. Starmount provides point-of-sale, mobile shopping assistant, and store inventory management products. Infor says the purchase will enable it to accelerate delivery of Infor CloudSuite Retail. Infor has been hiring extensively to support its retail effort.

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SANTORO MOVES TO GENIUS SOLUTIONS

Joe Santoro, Genius Solutions Joe Santoro, who sold his reselling practice to Net@work in 2012, has become business development manager for Genius Solutions. Santoro owned Windsor, Ontario-based Synergy Plus Solutions from December 1993 through June 2012. He then joined New York-based Net@Work and was most recently that reseller's sales director for Sage 300 from February through 2015 through last month.

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PROMYS LINKS TO ACUMATICA

PromysPSA Software vendor Promys has released a web integration with Acumatica. Promys, based in Toronto, Ontario, says it rewrote its software completely a year ago to support such links. The vendor says its integration has eight touch points with Acumatica: Invoice, P.O., Inventory receipts, Projects, Work Assignments, new customers, vendors, products and labor items.

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EDGEWATER SERVICE UP; SOFTWARE DOWN

Shirley Singleton, Edgewater Technology The service business was the only driver for Edgewater Technology as net income jumped 166 percent while revenue increased by 12 percent for the second quarter ended June 30. Net income hit $494,000 in the most recently ended period, compared to $1.3 million a year ago. Revenue was $34 million, up from $30.5 million a year earlier. Software revenue was $3.6 million, a decline of 12.2 percent from $4.1 million in last year's corresponding period.

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