News and Analysis

News and Analysis (15656)

AVF UNHOOKS COO, CFO JOBS

Aderonke K. Adelekan, AVF ConsultingAVF Consulting, a Dynamics reseller based in Baltimore, has separated its CFO and COO positions. Robin A. Carter, who had held both, will now focus on the CFO job and on her role as head of contracts and agreements. Aderonke K. Adelekan, who has been with the company since January 2013, has been promoted to COO. Adelekan was previously responsible for defining and implementing project management processes procedures. Before joining AVF, she was chief of staff/business office project manager for Fannie Mae from July 2010 through January 2013.

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NETSUITE SALES BOOM; LOSS DOUBLES

Zach Nelson, NetSuite NetSuite CEO Zach Nelson is a generous guy. While reporting his company's results for the year ended December 31, he thanked those he said were responsible. In this week's earnings webcast, Nelson commented, "I feel I must thank our legacy EPP competitors as well. SAP and Microsoft, thank you for creating all this demand. Keep it up. Our data centers are standing by." That being said, the loss for 2013 was $70.4 million, compared to red ink of $35.2 million for 2012. Yes, yes, we know that's a GAAP loss and the company reported non-GAAP earnings of $19.9 million for the most recently ended year, up 4.2 percent from $19.1 million for the prior year.

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NADELLA FAVORED AS MICROSOFT CEO

Satya Nadella, MicrosoftNearly seven years ago, Satya Nadella was on the verge of becoming the new president of Microsoft Business Solutions where he had headed development. Then his career took a turn and this week all news reports are betting on Nadella as the candidate who will be chosen to replace Steve Ballmer as CEO. It only seems like yesterday when Nadella and I were talking at Convergence at the Gaylord in Irving, Texas, and he was talking broadly about how great an upcoming Microsoft small business accounting package might be.

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GRAYSON MOVES FROM ACUMATICA

Diane Grayson, AcumaticaFormer Dynamics reseller Diane Grayson has moved to a job as VP of ERP Services at Kensium Solutions after a brief stay at Acumatica. Grayson was director of professional services at Acumatica from May 2013 through January 2014. She moved to Chicago, Ill.-based Kensium, which has been a developer of Acumatica products. Kensium's website says it has "already developed several packages to add features to Acumatica".

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2014: A YEAR OF RETRENCHMENT

Larry Augustin, SugarCRMIf 2013 was the year of the cloud, mobile and social media, then 2014 is "The Year of This Stuff Isn't as Great as We Thought." And so the hype is being replaced by the naysayers. But we have been through this before - virtually the expectations for every technology, after the initial over-inflated burst, turn out to be, in fact, over-inflated. Articles are appearing that companies are moving back on-premise. And then there was the December interview with Larry Augustin, CEO of SugarCRM in the Silicon Valley News Journal.

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SAP VAR WINNERS REPEAT

Grant Fraser, Navigator Business Solutions  The award winners for sales of SAP Business One and its Cloud Solutions that were made this month, were familiar names from last year's list. Vision33 repeated as the winner for Business One in North America and Navigator Business Solutions was again the recipient of the award for cloud solutions, given at the recent SAP Field Kick-Off Meetings in the giant software vendor's four regions. Illumiti was the No. 1 Canadian reseller while Itelligence was top dog in sales of Business All-in-One.

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SERENIC: RESULTS LIKELY TO IMPROVE

serenic logoNonprofit vendor Serenic hasn't had a lot of good financial news to report in the last two years. While the third quarter ended November 30 brought good news on the top line, with revenue up 30 percent over last year's corresponding period, the company's loss for the most recently ended period doubled. The third-quarter loss of $384,153 compared to $191,186 in red ink a year earlier.

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SAP: "WE'RE GAINING ON EVERYBODY"

Bill McDermott, SAPAt his last financial earnings webcast for a fiscal year, Co-CEO Jim Hagemann Snabe took the opportunity to lay it on the competition as did Bill McDermott, who will be the last CEO standing after May. Well, that's lay it on in SAP terms which is a lot milder than the stuff dished out by NetSuite. "In the fourth quarter alone, we grew six times as fast as our nearest competitor," Hagemann-Snabe said. The closest competition is usually named Oracle. McDermott also took a swipe at unnamed rivals with "Who would buy solutions from a vendor who is not profitable?"

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EXACT APP CENTER BOOMS

Martijn Feekes, Exact Exact says the number of applications available for Exact Online in the Exact App Center tripled in 2014. The Dutch company said that kind of development for Exact Online had not occurred previously. Hmm, since the cloud-based product was not available outside of the Netherlands for a long time and was introduced in the United States only late in 2013, that's hardly surprising. There are now 40 software companies represented in the year-old App Center with products there sorted by industry, solution area and product.

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MICROSOFT TO HIT ROAD WITH GP

Microsoft is going on an eight-city tour between January 29 and March 3 on what it terms the Now & Next Tour. The jaunt is designed to show the 60 new features in the combined Service Pack 1 and 2 releases of Dynamics GP, along with the new Business Analyzer App. That's the Now part. The Next segment involves discussion of "the current and future direction of Microsoft Dynamics GP." (Is Microsoft suggesting there might be a change?).

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