News and Analysis (15703)
MISYS GROWS DEVELOPMENT
- Thursday, 24 March 2016
- News and Analysis
- Written by mark
Manufacturing Information Systems (MISys) has expanded its software development team to work on the next generation of its MISys Inventory Manager. The Woodstock, Ver.-based company has named Daniel Orcutt as director of development to lead the development team and manage outside development efforts. His Linkedin page shows he started in November. Orcutt worked at Woburn, Mass.-based Monotype from August 2007 until returning to his home town.
SAP GOING DEEPER IN INDIA
- Thursday, 24 March 2016
- News and Analysis
- Written by mark
SAP is taking steps to help startup companies in India. CEO Bill McDermott said this week the Germany-based software company is making its code available to such businesses so they can build on SAP's in-memory company platform Hana. SAP said it is already working closely with more than 400 startups in the subcontinent and said that 16 percent of its startup engagements are in India where it is adding about 100 such engagements each year.
MINERALTREE STARTS PROGRAM
- Thursday, 24 March 2016
- News and Analysis
- Written by PMG Admin
MineralTree has had resellers prior to this month. But the Cambridge, Mass.-based the accounts payable (AP) and payment automation software company has not had a former program until now. The company has hired Colin Toomey as partner development manager to work with MineralTree's coterie of resellers and business process outsourcers. From March 2010 until taking the new job, Toomey worked at Cayan.
I.B.I.S.'S VABULAS TO RETIRE
- Wednesday, 23 March 2016
- News and Analysis
- Written by mark
Andy Vabulas has decided to retire as president of I.B.I.S. after leading the Atlanta, Ga.-area reseller for 27 years. His last day will be April 7, which takes him through the Envision conference and presumably, the last, Randy & Andy party run by Vabulas and Randy Forkner of Collins Computing, which has been a looked-for event at the World Wide Partner Conference and the former Convergence. Sonata Software of Bangalore, India, acquired the Dynamics reseller last fall.
MICROACCOUNTING GETS ACUMATICA
- Friday, 18 March 2016
- News and Analysis
- Written by mark
MicroAccounting Solutions has added Acumatica's cloud-based offerings to its product line up. That gives the historical Sage reseller two SaaS applications—it also sells Intacct. However, Stuart Blumenthal, VP of cloud solutions for the Dallas, Texas, and Chicago, Ill.-based VAR, said this week the fact Acumatica also offers a desktop version of the accounting software is a big plus.
M&A DRIVES COLUMBUS RESULTS
- Friday, 18 March 2016
- News and Analysis
- Written by PMG Admin
Four acquisitions led reseller and software developer Columbus to double-digit increases in revenue and net income last year. And the biggest impact was in the United States which benefited from 2015's acquisition of InterDyn BMI and Sherwood Systems. In fact, the increase in Columbus' revenue for the year ended January 31 was 245.2 million euros and the increase from the U.S. was 241.4 million euros.
CLOUD TAKES TOLL ON QAD
- Thursday, 17 March 2016
- News and Analysis
- Written by mark
The switch to the cloud, combined with the impact of currency changes, cut a swath through the QAD revenue line for the year ended January 31. The impact of the stronger dollar chopped $19.9 million from fiscal 2016 revenue. And so revenue fell to $277.9 million for the most recently ended year, down 5.8 percent from $295.1 million for fiscal 2105. On a constant currency basis, revenue was up 1 percent.
PRODWARE NET UP 8.1 PERCENT
- Thursday, 17 March 2016
- News and Analysis
- Written by mark
The Prodware Group, a Sage and Dynamics reseller based in France, reported a 5.9-percent increase in earnings for the year ended December 31. The net result hit about $6.3 million. Prodware also reported net result group share of roughly $6.56 million for the same year, up 8.1 percent over 2014. [Don't ask me to define the difference.]
Read more...
GOLDMINE SIGNS RESELLER
- Thursday, 17 March 2016
- News and Analysis
- Written by mark
There is a headline we have not seen in a long time. But venerable CRM publisher GoldMine has signed Trivium Technology of Boston, Mass., as an exclusive GoldMine VAR. The other interesting factor is that Trivium was founded this year to handle GoldMine, again something a bit rare. Trivium sells both GoldMine and GoldMine Cloud.
NETSUITE UPS EXECS' BASE PAY
- Wednesday, 16 March 2016
- News and Analysis
- Written by mark
NetSuite has raised the base salary of its five top executives effective April 1. In a filing with the SEC this week, the cloud software company reported the figures, whose major impact will be to raise the target incentives each of these individuals is eligible to receive for 2016. Not surprisingly, the largest increase went to president and COO James McGeever, who took over the president's job from CEO Zach Nelson in July.
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