News and Analysis

News and Analysis (15669)

VETTER HEADING XERO PROGRAM

Amy Vetter, XeroXero has named Amy Vetter as its first Head of Accounting in the United States. Vetter's new job was announced in a press release that is part of an upsurge in announcements by the New Zealand-based cloud accounting software company. In the first three months of 2014, Xero issued 10 releases. So far it 2015, 17 have been emitted and there's a few more shopping days left. Maybe this is the trumpet fanfare before moving into the IPO process. But back to Vetter, whose job is not about heading an accounting department.

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ABILA NAMES PRESIDENT'S CIRCLE

AbilaNonprofit software vendor Abila, has named four VARS to its President's Circle. The four were announced at the recent, AUDC 2015 (Abila Users and Developers Conference) in Austin, Texas. The software company also presented excellence awards to several nonprofit customers. The four Abila Business Partners picked were ProSoft Solutions of Highland Village, Texas; NonProfit Technologies of North Palm Beach, Fla.; Net@Work of New York City; and JMT Consulting Group of Patterson, N.Y.

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SAGE CEO WRITES ON

Stephen Kelley, SageNew Sage chief executive Stephen Kelley started a blog very quickly after taking his new job in October. You may remember an item in this publication last month that mused about executives who try to write blogs. Many hopefuls fall by the wayside because their jobs are about running companies and few manage to keep churning out copy. Even those further down the line than senior executive positions often wind up with very little current information in company blogs.

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JEEVES AND FORTERRO EQUALS?

Jeff Tognoni, Jeeves/ForterroYou may not have heard of Forterro. If you read the company's LinkedIn page, Forterro was founded in 2012. But that's not the complete story. Dig into the website's history page and you will find this tidbit: "December 2014: Forterro emerges as holding company for Jeeves, SolvAxis, and future M&A". So while Forterro may be three years old, its role shifted in December. Jeeves Information Systems is an ERP company based in Sweden that was acquired by investment firm Battery Ventures in June 2012.

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QAD SIZZLES WITH CLOUD

Karl Lopker, QADManufacturing software vendor QAD turned in its best fourth quarter and best year ever for the period ended December 31. Net income of $12.9 million for 2014 was double the prior year's earnings of $6.4 million. Revenue for the most recently ended year hit $295.1 million, an increase of 10.8 percent from $266.3 million. CEO Karl Lopker said QAD had five deals of more than $1 million in the fourth quarter, compared to one a year earlier and also added 10 cloud customers in 2014's final three months.

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COLUMBUS REVS STALL, NET UP

Thomas Honoré, ColumbusDanish reseller company Columbus managed a sharp increase in earnings on unchanged revenue for the year ended December 31. The net result for the year just ended was about $7.6 million, more than twice the total for 2013, while revenue was stagnant at roughly $126. The big problem last year was the United States business. North American revenue was down 14 percent to about $21.4 million. Headcount on the continent dropped to 119 for 2014 from 140.

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CLOUD BLOG COMING

Anya Ciecierski, www.erpsoftwareblog.com There have been many signs of the move to the cloud by Dynamics resellers. Last year, there was Collins Computing moving to Acumatica; last month, Socius picking up NetSuite. There have been enough movement by readers of www.erpsoftwareblog.com that its publishers are coming out with a cloud blog next month. Editor and blog co-founder Anya Ciecierski said that the decision was based on the fact that so many Dynamics resellers have taken on non-Microsoft products.

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EDGEWATER BUYS CRM VAR

Paul Colella, Zero2TenEdgewater Technology has purchased Zero2Ten, a Dynamics CRM VAR based in Alpharetta, Ga. Edgewater paid $5 million in cash up in an asset purchase to the company and its owners in a deal that included Zero2Ten EMEA, based in Manchester, England. Under an earn-out agreement over next two years, the maximum to be paid is about $8.6 million. For anyone attending Convergence this week, it was obvious CRM is the place to be to hold favor with Microsoft and the bigger, the better.

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MICROSOFT: ERP? WHAT'S ERP?

Judson Althoff, MicrosoftThere was one great measure of the movement of Convergence away from being a Dynamics-centric show to one that's not. It was the keynote by Kirill Tatarinov, president of Microsoft Business Solutions. His speech had strong references to Dynamics CRM. But he discussed none of the four financial packages by name and during presentations involving three award-winning Microsoft customers, there was no mention of what back-end software was being used. One customer was cited for its use of CRM and the others for Azure.

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TRIBRIDGE GETS SOLVER HONOR

TribridgeTribridge has been named 2014 Global BI360 Partner of the Year by Los Angeles, Calif.-based Solver. This is the second straight year that Tribridge, a Tampa, Fla.,-based Dynamics reseller, has received the honor from the business intelligence software company. The awards announced last month also include two separate listings on the press release that give the names of three VARs as best new partner of the year: the SBS Group [I suspect this should have been U.S. Best Partner] was named U.S. Best New Partner.

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