News and Analysis (15671)
LYNN GETS NEW TRIBRIDGE POST
- Friday, 17 January 2014
- News and Analysis
- Written by mark
Dynamics reseller Tribridge has named Jeff Lynn to the new post of Chief People Officer. Lynn, who has been with the Tampa, Fla.-based company since December 2011, was previously VP of professional services. In his new job, Lynn is responsible for recruiting, human resources, the Tribridge Academy for training and learning, and senior regional directors who deal with employees, customers, and partners.
RETAIL BUZZ: SAY "OMNI-CHANNEL"
- Friday, 17 January 2014
- News and Analysis
- Written by mark
It wasn't hard to act like you know something about retail at the National Retail Federation's Big Show in New York this week. Just pepper your speech with words like digital signage, touch screen, mobile and make sure you say "Omni-channel" a few times. Here are some appropriate headlines: "QlikView Helps Pave the Way to Omni-Channel Retail Approach"; "Leading Retailers Turn to NetSuite Cloud for Seamless Omnichannel Commerce" and "Microsoft all in for retail; extends leadership in end-to-end customer interactions and omni-channel operations".
OPEN SYSTEMS BUYS MASTER SOFTWARE DEVELOPER
- Thursday, 16 January 2014
- News and Analysis
- Written by mark
Open Systems has acquired third-party software company Application Computer Systems of Greenville, S.C. Founded in 1978, ACS markets Master Software, which the company describes as an integrated software system for apparatus repair shops that combines job cost, inventory, and distribution with accounting. ACS will integrate Master Software into Open Systems' Traverse accounting system. Open Systems has been expanding integration of products with Traverse, both acquisition and through alliances with developers.
XP ANTI-VIRUS SUPPORT EXTENDED
- Thursday, 16 January 2014
- News and Analysis
- Written by mark
Users of the Windows XP operating system get more than a year of additional anti-malware support. However, that does not change Microsoft's decision to make XP a non-supported operating system on April 8. Let's assume most accounting software VARs have moved beyond XP. Still, there are a lot of small businesses that have not. There are estimates that 20 percent to 30 percent of PC desktops worldwide run XP.
AVALARA SETS FIRST SHOW DATE
- Thursday, 16 January 2014
- News and Analysis
- Written by mark
Avalara has scheduled Horizons, its first-ever user conference. The Bainbridge, Island, Wash.-based sales-and-use tax vendor will hold the event April 30 through May 2 at the Grand Hyatt, Seattle. Horizons 2014 is officially tagged as The Cloud Services & Digital Goods Tax Symposium. Among the speakers is Scott Peterson, director of governmental affairs for Avalara. The initial list of speakers draws public accounting and law firms.
COLUMBUS UPGRADES EARNINGS OUTLOOK
- Wednesday, 15 January 2014
- News and Analysis
- Written by mark
Dynamics reseller Columbus has increased its projected EBITDA by 16.7 percent for 2013. The Copenhagen, Denmark-based company made the forecast based on a higher level of activity in its service business and a larger volume of sales of the company's software during the fourth quarter of last year. EBITDA before share-based compensation to about $12.8 million. It expects revenue will hit around $159 million.
VPS ROOKER, MACBETH LEAVING SAGE
- Wednesday, 15 January 2014
- News and Analysis
- Written by mark
Two long-time VPs are leaving Sage North America - Kevin Rooker, VP of sales management and operations, and Drew Macbeth, VP of sales. Rooker, who recently was given responsibility for channel communications, is reportedly going to healthcare communications company, Vocera. That would make sense since that company's EVP of Sales & Services, Paul Johnson, was an EVP at the former Sage Business Solutions unit from November 2007 through March 2011.
VERINT TO BUY KANA SOFTWARE
- Wednesday, 15 January 2014
- News and Analysis
- Written by PMG Admin
Verint Systems is buying Kana Software, a portfolio company of Accel-KKR, for $450 million. The private equity firm paid $48.9 million cash for Kana in 2009 so investors have done well. Kana specializes in customer service products, including self-service tools such as chat and web self-service, along with social media monitoring. Verint markets what it calls Actionable Intelligence solutions to capture and analyze customer transactions.
ACUMATICA HITS BUSY RETAIL MARKET
- Friday, 10 January 2014
- News and Analysis
- Written by mark
With the National Retail Federation holding its Big Show in New York City next week, the wires will be drenched in stories about retail systems. That includes Acumatica, I believe a first-time exhibitor, which is introducing the Acumatica Retail Management Solution, described as "as complete system for retailers that combine Magento eCommerce and Point of Sale technology built on the Acumatica platform." The product is actually coming from Intuitive Tek of Lakewood, Colo., which is led by president Brian Storrs and Doug Hellenback, VP of operations. Also debuting is Mobile 2.0 for its Prism system from Retail Pro International.
INFOR TURNS PROFIT IN 2Q
- Friday, 10 January 2014
- News and Analysis
- Written by mark
Infor, which has been investing heavily in product development, broke into the black for the second quarter ended December 31. The company has been built via aggressive acquisitions and the resulting debt has been a drain on earnings. But with the recent period, things clicked. Net income for the most recently ended period was $63 million, compared to a loss of $22.7 million the prior year. Quarterly revenue was $698.5 million, a rise of 2.3 percent from $682.5 million in last year's corresponding period.
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