Intuit turned in a good performance for the third quarter ended April 31 but seemed to spend a lot of time fielding questions from analysts asking why its growth in QuickBooks Online was not faster. However, the company doubled net income to slightly more than $1 billion in the most recently ended period from $501 million a year ago. And revenue rose to $2.3 billion, a 7.9 percent increase from $2.14 billion in last year’s corresponding period.

No one should be surprised that Bob Scott's Top 100 VARs shows an increasing number of resellers carrying cloud products for the 2016 class. There were 50 in 2015 and that has jumped to 60 this year. If you accept the definition that hosted applications are not true cloud applications that means more companies are carrying products other than the Microsoft Dynamics lines or any of Sage's various products since those companies are still in the hosted segment.

Charles Cumbaa, EVP of corporate and product strategy, plans to retire from Blackbaud on March 31. The Charleston, S.C.-based nonprofit software company says until then Cumbaa will continue in his position while assisting with the transition of his responsibilities. He joined Blackbaud in May 2001 as SVP of products and services and held that position through January 2010. Cumbaa then was president of the company's Enterprise Customer Business Unit through April 2012 when he became SVP of New Business Ventures. He kept that title when he stepped into his current job in March 2014.

Jennifer Warawa, who has been involved with Sage's accountant program for several years, has become EVP of product marketing. In her new position, she is responsible for Sage's worldwide product marketing organization and strategy. Warawa joined Sage in January 2008 as director of partner programs and had been involved in partner or accountant programs until taking the new position this month.