BobWScott

BobWScott

NETSUITE REVS RISE 29 PERCENT

The cloud boom continues at Oracle reported NetSuite revenue for the first quarter ended November 30 were 29 percent higher than in the year-ago quarter. NetSuite and Fusion ERP were bright spots in a flat quarter that disappointed Wall Street.

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BILL.COM IPO TOPS ESTIMATES

Bill.com’s initial public offering this week was a hot one. The payments software company sold 1 million more shares than originally planned at $22 per share as it went public on the New York Stock Exchange.

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ACUMATICA KICKS OFF SERVICES PROGRAM

Acumatica has signaled the beginning of a new channel program with its enlistment of accounting firm, BDO, as a services partner. The program is designed to support larger customers who are buying Acumatica products.

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