News and Analysis

News and Analysis (15623)

RANDOM THOUGHTS: ELON MUSK

Elon Musk, SpaceX and TeslaIn an update to the classic Disney cartoon, "Pinocchio", the wooden boy fights an infestation of termites. Later, he made a guest appearance on the long-running Public Television show "This Old House" in which Norm shows him how to fill in cracks and smooth out rough spots.

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EIDE NAMES INNOVATION OFFICER

Ross Manson, Eide Bailly Eide Bailly has named its first chief innovation officer. The Fargo, N.D.-based accounting firm appointed Ross Manson, partner-in-charge of the Fargo office, to the new position.

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SYSPRO DENIES ACUMATICA CLAIMS

Joey Benedretti, Syspro USA Syspro USA president Joey Benedretti has denied claims by some sources at Acumatica's Summit conference about the number of resellers attending the Acumatica event. Benedretti this week also denied claims Syspro VARS were fleeing an exclusivity requirement.

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SAGE DOOR CONTINUES TO REVOLVE

Amanda Cusdin, SageThe door at the Sage Group continues to revolve. Two key executives on the leadership team are interim position holders while there continues to be a stream of leaders who last about two years.

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ROOTSTOCK BUYS KENANDY


Randy Wheeler, Rootstock SoftwareRootstock Software has acquired Kenandy, which has become a business unit of the San Francisco, Calif.-based purchaser. Last month's deal has been followed by the appointment of two executives, Randy Wheeler and Mark Saliman.

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BLACKBAUD MAINTENANCE DROPS

Mike Gianoni, BlackbaudBlackbaud saw maintenance revenue drop by 12.8 percent for the year ended December 31. But the story is not just a decline for one period, it is about the decline of maintenance revenue throughout the industry as subscription revenue increases.

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GRAVITY INTROS T&B

John Silvani, Gravity SoftwareGravity Software has released a Time and Billing module. The recent release by the Detroit, Mich.-based company offers a fairly standard array of T&B features. Cloud-based Gravity is built on the Dynamics 365 (CRM) platform.

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HENDRICKSON LEAVES COLUMBUS

John Hendrickson, former Columbus executiveJohn Hendrickson, who founded Interdyn BMI, has left Columbus, the company that acquired his reselling operation in February 2015. His last day at Columbus was January 31.

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RANDOM THOUGHTS: JAY-Z

Rapper Jay-Z (Shawn Carter), photo by Joella MaranoA poster for United Airlines at Newark Airport promotes the amenities available to fliers. The sign informs coach passengers, "You have seats with cushions." ... There was smoke coming from down the street.

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SAP: CLOUD TO OVERTAKE LICENSES

Bill McDermott, SAPThe news in SAP's financial results for 2017 was what lies ahead for this year. As the company continued the pattern of double-digit cloud revenue and single-digit software growth, it foresees a fundamental change in the source of revenue for the year ending December 31.

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