News and Analysis (15672)
SUGARCRM ON GROWTH PATH
- Thursday, 08 December 2011
- News and Analysis
- Written by mark
With new offices open in Raleigh, N.C., and Cambridge, England, SugarCRM is on a growth spurt that will see its work force double in a year. The company issued press releases announcing the new offices while Larry Augustin, CEO of the open source vendor, outlined plans recently at the Credit Suisse 2011 Technology Conference
MICROSOFT OUTSOURCES TO HITACHI IN FARGO
- Wednesday, 07 December 2011
- News and Analysis
- Written by mark
Microsoft has picked Hitachi Consulting, which also happens to be a Dynamics reseller, to supplement its Microsoft Business Solutions IT team located in Fargo, N.D. Hitachi will establish a technical development center in Fargo, the birthplace of Great Plains.
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INVESTOR WANTS CDC SOFTWARE CEO OUSTED
- Tuesday, 06 December 2011
- News and Analysis
- Written by mark
The strange tale of CDC Software continues as an investment firm has demanded the board of directors fire CEO Peter Yip. Meanwhile, NASDAQ is taking action to delist the company's stock and last month Deloitte & Touche resigned as outside auditor. Wynnefield Capital Funds, which owns 12.3 percent of the public float of CDC Software's Class A Common Stock, took uncommonly strange language over the board's decision to place Yip on medical leave instead of firing him after he was found to have lied under oath. Whew!
SAGE TO RESELL HR CLOUD APPLICATION
- Tuesday, 06 December 2011
- News and Analysis
- Written by mark
Sage North America is getting to the cloud in the human resource market by reselling another company's software. Sage has signed a reseller agreement via which it will sell CornerStone OnDemand's SaaS product "in conjunction with its Sage Employer Solutions line of HR management tools." The product will start getting to market through this deal early next year but getting it into the Sage channel is likely to be a gradual process.
INTACCT TARGETS DELTEK SPACE
- Monday, 05 December 2011
- News and Analysis
- Written by mark
Intacct's discussion of its new product launch indicates the company is looking at both Deltek and Dynamics SL VARs. But outside of the need for a shorter headline than one that mentions both competitors, many of the moves look a bit more aimed at the Deltek market. The cloud vendor's fall release features Intacct Services Resource Planning, ERP for project and services-related businesses. The company also announced an alliance with Clarizen via which Intacct and its channel will resell Clarizen's product which features elements such as work management and resource management.
NETSUITE SIGNS PHILLIPINES VARS
- Friday, 02 December 2011
- News and Analysis
- Written by mark
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XERO PARES LOSS, DOUBLES REVENUE
- Thursday, 01 December 2011
- News and Analysis
- Written by mark
Xero, which makes web-based accounting applications, is ramping up infrastructure to support 1 million end users. That came as Xero reported it had narrowed its loss while more than doubling revenue for the half ended September 30. The company lost about $2.8 million for the six months just ended, 21 percent less than in the prior year. Revenue reached just over $6 million, up 112 percent.
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TRIBRIDGE BUYS EPARTNERS
- Thursday, 01 December 2011
- News and Analysis
- Written by mark
The aggregator is dead. Long live the aggregator? The past and future of reseller consolidation has met with the acquisition of ePartners by Tribridge. Terms were not disclosed. Tampa, Fla.-based Tribridge, one of three Microsoft Master VARs, raised just over $24 million in capital in the last year and it probably used a bunch of that in this deal. Tribridge admitted to $60 million in revenue for its submission to the 2011 VAR Stars.
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NETSUITE CHANNEL 35% OF NEW BIZ
- Wednesday, 30 November 2011
- News and Analysis
- Written by mark
NetSuite's channel will produce about 35 percent of the company's new bookings for 2011. That was the figure given by CEO Ron Gill at this week’s Credit Suisse 2011 Technology Conference, continuing the story of the channel's increasing contribution. Last month, NetSuite CEO Zach Nelson said that channel revenue was up 50 percent over the prior year.
SAGE REVS GROW; TO LAUNCH SAGE ONE IN U.S.
- Wednesday, 30 November 2011
- News and Analysis
- Written by mark
Sage this week said revenue in North America grew by 3 percent for the year ended September 30. Overall revenue for the parent, The Sage Group, was up by 4 percent organically, as the company returned to growth. The North American EBITA margin was 25.5 percent, up 3 points.
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