News and Analysis

News and Analysis (15657)

PATEL OUT IN MAJOR INTUIT REORG

Sasan Goodarzi,  IntuitA major Intuit reorganization is leaving two high-level VPs without jobs. EVP Kiran Patel, who led the small business group, and SVP Alex Lintner, headed of its global business division, are leaving after Intuit's year ends July 31. But Patel, one of five named executives for SEC reporting, is the biggest change. His 2012 compensation $4,791,271 was only $47,000 higher than in 2011 and down from slightly more than $7 million in 2010.

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MCACONNECT TAKES DYNAMICS AWARD

Claude Watson, mcaConnectMcaConnect, a reseller based in Denver, Colo., has won the Dynamics Industry Award. The award winners and finalists were announced as part of the run up to the Worldwide Partner Conference to be held July 7 through July 11 in Houston. A specialist in Dynamics AX, mcaConnect was No. 30 on the recently published Bob Scott's Top 100 VARs with $30 million in revenue. It is owned by Claude Watson. PowerObjects of Minneapolis, Minn., got the Dynamics CRM award and London-based eBecs took home the top spot for ERP. 

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NETSUITE LISTS NEW VARS, TOP PARTNER

Steve Ems, McGladreyNetSuite has announced a number of new members of its reseller ranks. The word "new" is somewhat fuzzy as at least one of the companies was already on record. But here goes with the freshest names on the company list: Altico Advisors, Baass Business Solutions, Eide Bailly, Envisage Business Solutions, MorganFranklin Consulting and Project Partners.

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SAN JOSE SIDEWALK WAR IN THE CLOUDS

Acumatica

Go outside the San Jose Convention Center and the hotels connected to it and those attending the NetSuite SuiteWorld conference immediately got pitches. On the conference's second night, there were Acumatica personnel stage along the route with signs showing the way to that vendor's reception in another hotel. Placed near them were representatives reportedly  not employees, of hometown cloud vendor, Intacct, handing out maps to the city.

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SWK PARENT REFILLS CASH ACCOUNT

Jeff Roth, SWK TechnologiesSilverSun Technologies, the parent of Sage reseller SWK Technologies, had a miserable balance sheet when it ended fiscal 2012 on December 31. It had a bit more than $4,000 in cash with accounts receivable rising. With the end of the first quarter on March 31, the asset side looks far better. Cash stood at $261,000 and receivables of $1.2 million were down 21 percent from three months earlier.

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SAGE STARTS HYBRID CLOUD WITH 300

Guy Berruyer, SageSage is rolling out its hybrid cloud products this year with Sage 200 being tested in the United Kingdom. The plan is to follow with Sage 100 in France with Sage 300 (Accpac) moving into the hybrid cloud in the United States by the end of the year. That rough schedule was outlined by the company's chief executive Guy Berruyer during the company's recent earnings webcast. Read more...

NETSUITE ROLLS OUT MFG, BASHES SAP

Zach Nelson, NetSuiteIn a keynote laden with competition bashing, NetSuite CEO Zach Nelson said NetSuite was introducing its manufacturing application. Officially, the  new cloud system, already available, provides "manufacturers robust capabilities to more efficiently manufacture, forecast, price, track and schedule products, with a focus on design and a single platform for both B2B and B2C distribution." Read more...

EPICOR ERP REVS RISE ON SOLARSOFT

Epicor logoEpicor's ERP revenue rose by 21 percent for the second quarter ended March 31 on the impact of revenue from its purchase of SolarSoft. But even backing out that factor, ERP sales and license revenue rose, with ERP sales up about 7 percent without SolarSoft. The loss for the recently ended period was $12.8 million, up 35.1 percent from $9.5 million in last year's corresponding period. Read more...

DSG TOP NETSUITE SOLUTION PROVIDER

Todd Fitzwater, Demand Solutions GroupDemand Solution Group was honored as the WorldWide Solution Provider of the Year at NetSuite's SuiteWorld conference this week. Headed by founder Todd Fitzwater, DSG, which was founded in 2005, had a 100-percent increase in license revenue and a 200-percent rise in new business revenue over the prior year, NetSuite said. Read more...

NETSUITE PICKS VERTICALS VP

Peter Daffern, NetSuiteNetSuite has appointed Peter Daffern as president of EMEA and EVP of verticals. In the EMEA part of the job, Daffern will oversee direct and channel sales and business operations. With the SuiteWorld conference kicking off in San Jose, Calif., next week, it’s probably safe to assume there will be more news about the vertical efforts (and a lot of news about defectors from competing channels). Read more...

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