News and Analysis

News and Analysis (15622)

DYNAMIC COMM SETS FOCUS EVENTS

Dynamic communitiesDynamic Communities has opened registration for User Group Focus North America, which will be held next year in Houston, Texas. The event is described as a “deep-dive training conference” taught by technical and functional experts.

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ACUMATICA ADDS PROCORE LINK, ISVS

ProcoreAcumatica has announced integration to construction management software from Procore. The cloud software vendor also said this week it has added several construction software iSVs.

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VIEWPOINT ADDS $50.3M TO TRIMBLE 3Q

CraneViewpoint contributed $50.3 million in revenue to totals for Trimble for the third quarter ended September 30. In its Form 10-Q, filed this month, Trimble also reported that e-Bulider added $65.9 million to the top line.

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SALES & MARKETING CUTS SILVERSUN NET

BJ O'Reilly, SWK TechnologiesA 44-percent rise in sales and marketing expenses contributed to drop in earnings for SilverSun Technologies for the third quarter ended September 30. That was a factor in a 46.3-percent decline in net income on a 20.4-percent increase in revenue.

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MACOLA RESELLERS SUE ECI

Michael Oswalt, AlgorithmThirteen Macola resellers who were terminated from their VAR Contracts have filed sued against ECI Macola/Max LLC, the company which owns the software package. The group this week alleged antitrust violations, tortious interference, breach of contract, along with other claims. ECI has not responded to a request for comment.

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COLUMBUS NA REVS OFF DOUBLE DIGITS

Thomas Honoré, ColumbusColumbus had good results for the nine months ended September 30. But once again that was no thanks to operations in the United States, the story for the company's year.

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ORACLE GETS RIMINI INJUNCTION

Oracle has been granted a permanent injunction against Rimini Street, which provides support for enterprise software. The Federal District Court in Nevada rejected Rimini’s effort to delay the injunction which prohibits Rimini and its Seth Ravin from continuing what a 2015 copy infringement trial found was unlawful infringement.

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XERO HITS 1.6 MILLION SUBSCRIBERS

Steve Vamos, XeroXero added 380,000 subscribers in the last year reaching slightly less than 1.6 million for the half year ended September 30. The New Zealand-based company issued the statistics as it reported revenue for the most recently ended period was up 36 percent, but its loss rose by 46 percent over last year’s corresponding period.

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AVALARA SPENDS INTO MARKET

Scott McFarlane, AvalaraAvalara more than doubled its loss for the second quarter ended September 30 as it spent to grow its market. The company’s revenue rose by 24.3 percent over last year’s corresponding period, but operating expenses were up 41.1 percent over a year earlier.

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INTUIT SETS GOODARZI’S PAY

Sasan Godoarzi, IntuitIntuit has changed compensation terms for Sasan Goodarzi, who will become Intuit’s CEO on January 1. He will succeed Brad Smith, who will become executive chairman on that date. Goodarzi’s base salary will be $1 million, up from the $750,000 he currently receives.

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