News and Analysis

News and Analysis (15713)

PROCORE HIKED SALES, MARKETING HIRES

Procore Technologies said it has increased its sales and marketing head count by 23 percent over the last year.

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HACKING COST AVIDX $3.6M IN 2Q


 Hacker 2023An incident in which hackers stole data from the systems of AvidXchange in May cost the payments software company $3.6 million in professional services and legal fees  during in its June quarter.

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B’BAUD USERS TAKE LONGER SUBS

 Blackbaud says its customers are overwhelmingly opting for its three-year contracts. The nonprofit software company began offering the longer subscriptions late in 2022.

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AVALARA PROMOTES PARTNER VP

 Avalara has promoted Meg Higgins to the position of SVP of global partners. Higgins takes on the expanded role after serving as VP of global partner business development since January 2022

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DYNAMICS FY 23 REVS TOPPED $5 BILLION

Dynamics revenue raced past $5 billion for the first time, according to Microsoft’s report for results for the year ended June 30. The company said the segment had revenue of $5.44 billion last year, an increase of 16 percent from $4.69 billion from the prior fiscal year

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BLACKBAUD UPDATES PARTNER NETWORK

Blackbaud said this month it has refreshed its partner Network. The emphasis in the changes is on the integration of partner-developed products with Blackbaud software.

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QLIK NAMES SALES LEADER

 Qlik has hired Casey George as EVP of global sales. He replaces Stephen Birdsall who held the position from 2021 through last month, according to Birdsall’s LinkedIn profile.

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ORACLE TROUNCES RIMINI AGAIN

Oracle has beaten Rimini Street again in court over the latter’s violation of Oracle’s PeopleSoft copyrights. In the latest permanent injunction, Rimini has been ordered to stop infringing and to issue a press release listing its violations and false statements.

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PRODWARE SAAS SALES BOOM

 SaaS sales grow by more than 40 percent year over year for reseller ProdWare for the first half ended June 30.

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PE FIRM BUYS CERTINIA

Private equity firm, Haveli Investments, has acquired Certinia, known until this year as FinancialForce. Terms were not disclosed but Reuters reported, citing sources, that the deal is valued at nearly $1 billion including debt.

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