News and Analysis

News and Analysis (15676)

QB 2010 INTOD; QUIET ON QBES

Intuit has made its annual roll out of QuickBooks with QB 2010 hitting the market this week. There was no mention of QuickBooks Enterprise Solutions, although it seems likely any news on that product will be delivered next week at the company's reseller gathering in Chicago.

 

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PERVASIVE UPS GUIDANCE

Pervasive Software has told Wall Street to expect higher revenue and earnings than it had previously forecast for its September quarter. On July 21, the company said it expected revenue to range from $10.5 million to $11.5 million. Yesterday, it increased that to a window of $11.9 million to $12.2 million in sales.

 

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CONNECTWISE GOES TO THE CLOUDS

ConnectWise has developed a cloud-based platform that for unified business process management systems enable the intgration of  third

ConnectWise celebrates third year in the cloud with release of third-party integration platform for world’s most popular professional service automation tool

TAMPA, Fla., September 30, 2009 – ConnectWise, leading SaaS/Cloud provider of professional service automation (PSA) applications, today announced it has developed a cloud-based platform for unified business process management systems to allow the seamless integration of third-party applications for IT service companies. The new platform provides tight integration between ConnectWise PSA software and other leading products for VARs, MSPs and IT service companies. The ConnectWise Cloud provides on-demand PSA and related business applications such as CRM, financial management, collaboration, sales and service ticketing, inventory, reports and analytics, and enables customers, partners and third-party developers to build and integrate their own hosted applications.

Co-located sites in the United States, Australia and the Europe provide ConnectWise customers worldwide with the reliability and uptime expected from a cloud/SaaS model, reduced implementation risks and requirements, and the most scalable PSA integration platform available giving their partners more flexibility and better capability to optimize their company’s overall bottom line.

Gartner analysis pinpoints cloud services as showing explosive growth with services revenue being on pace to surpass $56.3 billion in 2009 and rising 21.3 percent from 2008. Read more...

CDC SOFTWARE EXPANDS IN CHINA

CDC logoNewly public CDC Software, which derives about half of its revenue from sales in the United States, moved to establish itself in China with the acquisition of up to 51 percent ownership of a Chinese ERP software company in mid-September.

 

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BENNETT TO LEAVE INTUIT BOARD

Stephen Bennett, who served as Intuit's CEO from January 2000 to January 2008, has announced he will not seek re-election to the company's board of directors at the next stockholder's annual meeting.

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LAWSON PROFITS DESPITE CONSULTING DECLINE

Lawson LogoAlthough consulting revenue fell by 23 percent and total revenue was off by 11 percent, Lawson Software posted net income of just under $6 million for the first quarter ended September 30, which contrasted with a year-earlier loss of $3.7 million. That increase came as company cut expenses by 14 percent, led by a 23 percent decline in the cost of sales and marketing.

 

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CODA 2GO PLUS SALESFORCE EQUALS FINANCIALFORCE.COM

Financial force logoA minority investment by Salesforce.com plus the Web-based product recently known as Coda2Go has yielded a new company called FinancialForce.com. The new company is a combination of the Salesforce money along with the product from Coda, whose parent, Unit4 Agresso, also owns the Agresso ERP line.

 

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MICROSOFT EXPLAINS BAN ON CREDIT CARD PAYMENTS

Microsoft said its decision to stop accepting credit cards for purchase made by Dynamics resellers effective November 1 brings the ERP operation into line with the policy on credit card payments worldwide.

 

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SAP GOING TO MORE INSIDE SALES

John Schwarz pictureSAP has moved towards greater utilization of inside sales personnel in response to the smaller size of deals it finds. This change was outlined earlier this month at Deutsche Bank's Securities Technology Conference by John Schwarz, CEO of BusinessObjects, which SAP purchased in January 2008. Schwarz is also a member of the SAP executive board.

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SAGE DOES LAYOFFS, REORDERS SALES FORCE

Sage logoSage took the ax to its employee base again, this time to its Employer Solutions operations in St. Petersburg, Fla., and also announced a midmarket sales force reorganization that claimed the jobs of two VPs. The actions coincided with the September 30 year-end for Sage's English parent, the Sage Group.  The company laid off 500 employees in May, as part of cost trimming that included Sage's corporate headquarters in England. Although the company confirmed the latest layoffs, it did not disclose the number affected. An unofficial source said 24 people in development and sales lost jobs.

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