News and Analysis

News and Analysis (15712)

CDC SEES UP YEAR FOR 2010

CDC Software, which markets the Ross ERP and Pivotal CRM lines, predicts that non-GAAP earnings for 2010 will range from $1.50 to $1.55 per share, a 15 percent to 18 percent increase over the $1.31 per share recorded in 2009. Revenue should range from $220 million to $228 million, up 8 percent to 12 percent over last year. Read more...

INTUIT’S PATZER: MINT UEBER ALLES

The head of Intuit’s personal finance division thinks his Mint code base should be the platform for most Intuit products.  Aaron Patzer, whose company was acquired by Intuit last year, spelled out his view of a one-code-for-all-Intuit technologies this week at the 2010 Pacific Emerging Technology Summit. Read more...

INTUIT HAPPY WITH RESULTS AS ONLINE BOOMS

In the quarter in which it has to make money, the period in which it sells a substantial part of its tax software products, Intuit reported a 34.1 percent increase in net income on an 8 percent rise in revenue for the second quarter ended January 31. And CEO Brad Smith pointed to strong growth in TurboTax online, Internet-based payroll and online banking as driving growth and pushing the company to raise its guidance for the year ending June 30.

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SMB RESEARCH GROUP FORMS

A new research organization, the SMB Group, has formed to provide research, analysis and consulting services for vendors serving the SMB technology market. It was founded by analysts Sanjeev Aggarwal and Laurie McCabe. McCabe has been an attendee at many conferences held by ERP vendors over the years.  She spent five years at AMI Partners and is also an affiliate analyst for Hurwitz & Associates.  Read more...

INTUIT'S QBES STILL ON A ROLL

QBES BoxSales of QuickBooks Enterprise Solutions outpaced much of the market as shown by Intuit's report of its second quarter ended January 31. The company said it had 41,000 active users (users on maintenance) at the end of the period. That was up by 17 percent from the 35,000 users a year earlier. Read more...

ACUMATICA BUILDS CHANNEL IN INDONESIA

Probably no one expects to be affected by the growth of Bethesda, Md.-based Acumatica, which markets SaaS-based financial software through its Indonesian arm. But I think that if I were a reseller, I would want any vendor that I might partner with to be viable in more than just the United States. Read more...

VAR REALIGNMENT BUILDING

Align goldIt isn't hard to see more evidence of the realignment of resellers who have been selling midmarket financial packages. Last week's newsletter talked about the realignment in the Microsoft channel, which included five major resellers putting together a distribution group.  This week's edition has information about the decision of CBIZ to get out of the market and, the split of the former Faye Pollack & Associates into two organizations, one selling infrastructure and networking products, the other pursuing the accounting software dream. Read more...

FPA GETS LEVEL PLATFORM AWARD

FPA Technology Services (formerly known as Faye Pollack & Associates) has been named Partner Innovator of the Year by Level Platforms. The company said the award recognizes Craig Pollack of FPA Technology Services for advancing the innovative use of Level Platforms Managed Workplace. The Rookie of the Year award was given to Aaron Donaldson of RSM McGladrey. Read more...

ACCOUNTEDGE FOR WINDOWS DEBUTS

Acclivity, which took over the operations of MYOB in North America, has introduced AccountEdge for Windows 2010. This is one of the last steps away from the use of the product and company names of MYOB, which started years ago in Rockaway, N.J., but whose focus is now in countries like Australia.  Read more...

CONVERGENCE ATTENDANCE PUSH ON

Convergence logoThe push to get attendees to Microsoft Convergence at the end of April is on. Perhaps I haven't paid attention to this in past years, but it does seem like there's more effort going into putting notices on resellers' home pages and into the Dynamics community of Microsoft's Web site than in prior years. Is that because the economy has the host making an extra effort or Microsoft is also worried that not everybody is eager to rush to Atlanta?

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