News and Analysis (15713)
UXC RAISES GUIDANCE
- Friday, 23 January 2015
- News and Analysis
- Written by mark
Australia-based UXC, which operates in this country via reseller UXC Eclipse, has raised its guidance for the first half of 2015 ended December 31. The company based its decision on what it called "a solid first quarter and in light of a strong performance in November and December." The change included earnings that are substantially about the guidance given at its annual meeting in November. UXC had said revenue would be more than 8-percent higher than the $231.1 million reported in the first half of fiscal 2014.
ARMANINO PICKS PRECISIONPOINT
- Friday, 23 January 2015
- News and Analysis
- Written by mark
Armanino has become the exclusive North American distributor for PrecisionPoint, which provides business intelligence functions for Dynamics AX and GP. As a part of the deal, the North American PrecisionPoint staff has joined Armanino's consulting team. Tom Mescall, Armanino's partner in charge of consulting, said the San Ramon, Calif.-based firm had utilized PrecisionPoint's data warehouse in building its Dynamics Insights reporting and analysis package.
ADAPTIVE TABS CITRIX CHAIR AS CEO
- Thursday, 22 January 2015
- News and Analysis
- Written by mark
Online budgeting and forecasting software maker Adaptive Insights has named Thomas F. Bogan as CEO. The previous CEO, John Herr, joined Palo Alto, Calif.-based company in 2011. However, in July the company said he was making a transition to senior advisor while founder Rob Hull became chairman at the same time. Last year was a team-building year.
SALES MANAGER JOHNSON LEAVES AVALARA
- Wednesday, 21 January 2015
- News and Analysis
- Written by mark
Robert Johnson, a former Sage North America manager, has taken a job as executive director of sales and marketing for CRO MECLABS. His LinkedIn page describes his new employer as a " research institute that has spent the past 20+ years understanding the cognitive psychology of conversion." Johnson had been national sales manager, channels, for Avalara from September 2011 through this month.
SWK TECHNOLOGIES TO BUY ATR
- Wednesday, 21 January 2015
- News and Analysis
- Written by mark
SWK Technologies has signed a letter of intent to acquire Accounting Technology Resources of Santa Ana, Calif. Both are Sage and Acumatica resellers. SWK's parent SilverSun Technologies says the deal should add $1.5 million to its annual revenue and is expected to close by February 16. ATR also handles the JobOps manufacturing package, Avalara's sales-and-use tax system, BizNet's financial reporting application and Altec's document management software, among its lineup of third-party products.
SAP SEES CLOUD TIPPING POINT
- Wednesday, 21 January 2015
- News and Analysis
- Written by mark
SAP this week predicted that its cloud revenue will exceed software revenue by 2018. The company gave a long look at its prospects with several figures about the shape of its business in 2020 during an earnings webcast. Executives provided this view as they discussed the fourth quarter and year ended December 31.
AVALARA NETS $6 MILLION FUNDING
- Monday, 19 January 2015
- News and Analysis
- Written by mark
Avalara has been raking in the capital. In November, it announced it had raised $100 million in financing from an affiliate of Warburg Pincus. This week, the sales-and-use tax company said it had brought in $43 million more with Technology Crossover Ventures company on board, along with existing investors that include Warburg Pincus.
VP LANGNER GONE AT SAGE
- Friday, 16 January 2015
- News and Analysis
- Written by mark
Joe Langner, EVP and GM of mid-market solutions at Sage North America, is out of a job. Employees have reportedly been told of the departure of Langner, who took his current title in October 2011. With new Sage chief executive Steve Kelly having taken over in November, the bets are more changes will be coming. Langner's job is an extremely important one for Sage since it encompasses the mid-market accounting products that are the core of the company's operations in this country.
SANDLERKAHNE, PLUMBLINE ALLY
- Friday, 16 January 2015
- News and Analysis
- Written by mark
Two Dynamics ISVs have joined their AX teams to form a new company. SK Global has been created by SandlerKahne Software and the AX development and support team of Plumbline Solutions. The CEO of the new organization, Scott Caudle, had been senior director of Dynamics Strategy for Tribridge since January 2013. SandlerKahne, and now SK Global, is best known for its eBanking suite for Microsoft Dynamics.
SUPPORT REVS SPUR SAP YEAR
- Friday, 16 January 2015
- News and Analysis
- Written by PMG Admin
Yes, cloud revenue grew by double digits for SAP's year ended December 31. But old-fashioned support revenue was up by 7 percent leading to a 4 percent overall rise over 2013 results, the company said as it reported preliminary results. Revenue for 2014 was about $6.29 billion. In prepared remarks, CEO Bill McDermott touted the success of the company's Hana in-memory database platform.
Most Read
-
-
May 19 2021
-
Written by BobWScott
Just what kind of year has it been for the…
-
-
-
May 22 2017
-
Written by mark
The last year has been one of change—the cloud has…
-
-
-
May 22 2017
-
Written by BobWScott
The last year has been one of change—the cloud has…
-
-
-
May 25 2016
-
Written by mark
Annual Report: 2016 BSI Top 100 VARs The web has…
-