News and Analysis

News and Analysis (15622)

SAP RAISES OUTLOOK AGAIN

Bill McDermott, SAPWith its third quarter in hand, SAP revised its financial forecast for 2018, the third during the current year. “We are raising the full year outlook in cloud total revenue and operating profits,” CEO Bill McDermott said in this week’s earnings webcast.

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TAMLIN, NEXLAN GET HONORS

Linda Bryan, Tamlin Software DevelropersTamlin Software Developers and NexLan have received awards from AccountMate. The two VARs were given the honors at the software company’s recent Synergy conference.

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QBO ADVANCED ROLLS OUT

 Alex Chriss, IntuitIntuit has debuted QuickBooks Online Advanced after publicly discussing the product for some months. The new application, officially announced this week, supports up to 25 users and Intuit has talked about possibly increasing the user count.

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YAYPAY LOSES KEY PLAYERS

Patrick Falle, YayPayFour important employees have left accounts receivable vendor YayPay. There is no indication the departures are related. YayPay has been asked for comment but its media email address has not worked.

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STOCK BOOSTS MICROSOFT SALARIES

Satya Nadella, Microsoft Stock awards were the primary factor boosting Microsoft executive salaries for the year ended June 30. Information filed this week with the SEC showed the software company paid CEO Satya Nadella $25.8. million last year an increase of 29.1 percent from slightly than $20 million for 2017.

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HENDRICKSON JOINS INTACCT

John Hendrickson, Sage IntacctReselling veteran John Hendrickson has joined Sage Intacct as part of the software company’s partner enablement and recruitment team. Intacct also hired another person well-known in the VAR channel, Dawn Westerberg, as senior channel marketing manager.  

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KKR MAKING MYOB BID

MYOBAustralian software company MYOB just went public again for the first half of June 2015. But it now faces a possible buyout by venture capital firm KKR. Venture firm Bain, which owns 19.9-percent of MYOB, purchased it for $1.3 billion in August 2011.

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RANDOM THOUGHTS: GREY'S ANATOMY

Ellen Pompeo of Grey's AnatomyOne door closes and somebody slams the next one on your finger. …  With all the obituary descriptions of people’s favorite activities, I’m waiting for one that says “He enjoyed smoking, drinking, gambling and playing around loose women.”

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DYNAMICS COM HOSTING CANADA EVENTS

Canada Maple Leaf MapDynamics Communities, which hosts the Summit user group conferences, will hold Collaborate Canada in five cities next month. Each will be a one-day event designed to provide attendees with a variety of Dynamics product knowledge.

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ORACLE NAMES STARTUPS IN HUB

 Reggie Bradford, OracleA group of six startups have been named as the first class join the Oracle Global Startup Ecosystem hub in Austin, Texas. The site is the first hub in the United States and is part of a global program for driving developing of cloud-based technology.

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