News and Analysis (15671)
2013—THE YEAR OF BIG DATA
- Friday, 04 January 2013
- News and Analysis
- Written by mark
Let's get this out of the way early – 2013 is the year of Big Data. That follows on my declaration that 2012 was the Year of the Cloud. And that does not mean that either of those issues has become something that a majority of businesses concern themselves with.
SIKICH PICKS UP ACHIEVE CONSULTING
- Friday, 04 January 2013
- News and Analysis
- Written by mark
Accounting firm Sikich has acquired supply chain consulting firm Achieve Consulting. Based in Warrenville, Ill., the deal puts Sikich, based in Naperville, Ill., in a new line of business. Achieve owners Dave Forberg and Gregg Hague are joining Sikich as partners.
SCANSOURCE SUES AVANADE OVER AX
- Friday, 04 January 2013
- News and Analysis
- Written by mark
ScanSource, which distributes POS and barcode products, has sued Avanade for alleged bait-and-switch practices for a Dynamics AX implementation it claims Microsoft concluded was faulty. The plaintiff said has the project has ballooned from an initial cost estimate of $17 million to nearly $66 million and an installation of 11 months to three years with the system not yet live.
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PLEX SYSTEMS GETS $30M
- Thursday, 03 January 2013
- News and Analysis
- Written by mark
Plex Systems, which markets cloud-based manufacturing software, has raised $30 million in a venture capital investment. The funds were provided by Accel Partners. The company said the investment would support development of its cloud technology, which encompasses ERP, manufacturing execution, quality management, supply chain management and business intelligence.
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INTUIT’S COOK SELLS $37.4M SHARES
- Thursday, 03 January 2013
- News and Analysis
- Written by mark
Intuit founder Scott Cook closed out 2012 by selling a bit more than $37.4 million in the company’s stock during the second half of December. For Cook, it was the largest amount of Intuit stock sold in a single month in more than two years. The largest block was 266,666 shares sold on December 16 for $16.5 million.
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MANAGEMENT BUYS RETAIL PRO
- Wednesday, 02 January 2013
- News and Analysis
- Written by mark
The management of Retail Pro International, which makes software for the retail industry, has acquired the company. The deal was led by CEO and now owner, Kerry Lemos. As a product line, Retail Pro has been around for more than 25 years ago. The company’s product line includes Retail Pro Prism POS. However, the present company was formed in 2009.
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INSIDEVIEW EXTENDS CONNECTIONS
- Friday, 28 December 2012
- News and Analysis
- Written by mark
InsideView, which describes its applications as sales intelligence products, has extended Inside View Connections. The new tool, the InsideView Private Connection Cloud, enables employees to connect personal networks with corporate connection networks. That lets sales and marketing personnel utilize personal contacts within Facebook, LinkedIn or Outlook to discover relationship connections.
AVALARA OPENS 2ND SEATTLE OFFICE
- Friday, 28 December 2012
- News and Analysis
- Written by mark
Avalara said it is supporting its rapid growth by opening a second office in Seattle, Wash. The company’s new facility is located at the foot of Seneca Street on Pier 55 on Seattle's Central Waterfront. And for those not familiar with the geography that means that for Avalara, which is headquartered on Bainbridge Island, a 35-minute boat ride away, the new facility is not far from the ferry terminal at Pier 52.
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BLACKBAUD EASES CHARDON NONCOMPETE
- Friday, 28 December 2012
- News and Analysis
- Written by mark
Blackbaud has eased the terms of the non-compete clause in CEO Marc Chardon's employment contract. The Charleston, S.C.-based nonprofit software vendor reduced the period of any post-employment limits to one year from two years. It also limited the geographic scope of the contract to the United States, which means the rest of the world is immediately open to Chardon, should he choose to leave the company. The company said this is simply to be consistent with the employment agreements for other executives. Well, it is a slow news week.
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AUSSIE QUICKEN NAME CHANGED
- Friday, 28 December 2012
- News and Analysis
- Written by mark
When is Quicken not Quicken? It is when it is the newly named Reckon Accounts, marketed by the company which has been Intuit’s partner in Australia. In March, Reckon told Intuit it would not renew the agreement via which it has sold Quicken and QuickBooks products in that country. That agreement expires on Feb. 14, 2014 and the company expects to save about $6.2 million in annual royalty payments to Intuit.
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