News and Analysis

News and Analysis (15677)

QUISITIVE 1Q SOARS ON M&A

 Quisitive Technology Solutions, a Dynamics reseller based in Toronto, Ont., report revenue growth of 258.8 percent for the first quarter ended March 31. That came as the company this week showed a 21.9-percent decline in its loss for the first quarter ended March 31.

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PRODWARE Q1 REVS UP 2.4 PERCENT

Revenue for Sage and Dynamics reseller Prodware rose 2.4 percent year-over-year for the first quarter ended March 31. The France-based company this week reported first-quarter revenue of about $48.9 million.

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SAGE NAMES N. AMERICAN PREZ

Aziz Benmalek has been named the president of Sage North America. The appointment was noted in a Linkedin post by Judy Romano, who has been CFO of Sage North America since August.

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UNANET HANDS OUT  CHANNEL AWARDS

 Unanet, which makes project management software, has presented awards to its channel for 2021, largely to firms in the government contractor market. 

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RSM NAMED TOP SOLVER PARTNER

RSM US has been named Top Cloud Volume Partner 2021 by Solver. The analytical software service company also gave the Solver Customer Excellence Award 2021 to Sarah Zigler, a director with the accounting and consulting firm.,

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SAGE’S SINFiELD PROMOTED

 Robert Sinfield has been put in charge of Sage’s manufacturing, distribution and supply chain management lines globally, including X3 and Intacct.

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COLUMBUS U.S. BIZ RISES 5 PERCENT

 Columbus’ long-troubled operations in the United States reported a 5-percent increase in revenue for the year ended March 31. The much smaller operation—whose Dynamics small business lines were sold to Enavate last year—eked out a 1-percent increase for the year ended December 31.

 

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VERTEX SPENDING CUTS 1Q NET

Vertex is growing its employee base, which contributed to a drop in net income for the first quarter ended March 31.

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XERO 2022 SUBS GROW 19 PERCENT

Cloud software vendor Xero closed its year on March 31 with 3.27 million subscribers, an increase of 19 percent from the total at the end of fiscal 2021, it said this week. 

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SERVICES REV DROP DENTS SILVERSUN 1Q

SilverSun Technologies, parent of reseller SWK Technologies, saw 30.3-percent increase in product sales offset by a 5.2-percent drop in services revenue for the first quarter ended March 31.

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