News and Analysis (15665)
NETSUITE PROMOTES FORMAN
- Friday, 25 March 2016
- News and Analysis
- Written by PMG Admin
Long-time NetSuite employee Michael Forman has been promoted to SVP and global controller and appointed as the software company's principal accounting officer. He was previously VP of finance and corporate controller. Forman, age 45, was previously VP of finance and corporate controller. He was been with the San Mateo, Calif.-based cloud software publisher since May 2004. I am assuming that adding the word "global" to the job description reflects the company's growth and need for someone to overlook the growing international business.
K3 PROFITS JUMP; REVS SLUGGISH
- Friday, 25 March 2016
- News and Analysis
- Written by PMG Admin
The K3 Business Technology Group, a Dynamics reseller based in the United Kingdom, had a sharp jump in profit for the half ended December 31. But revenue was is a low-growth mode for the retail software specialist. Profit before tax was about $6.7 million, an increase of 33 percent from the similar period a year ago; up 36 percent in constant currency. Revenue crawled up by 1 percent for the most recently ended half to about $59.7 million, an increase of 4 percent in constant currency. The company sounded a theme heard among large Microsoft VARs—the need to grow revenue of their own products.
MICROSOFT HAPPY WITH ENVISION
- Thursday, 24 March 2016
- News and Analysis
- Written by mark
Microsoft is happy with the attendance for its upcoming Envision conference and expects from 6,000 to 6,500 people. These numbers were provided in a recent conference call with the channel by Duncan Garside, head of experiential marketing for Microsoft. Garside said new registrations were averaging 150 to 200 per day mid month. It looks like sometime in the last month, Microsoft tilted the conference back more towards the Convergence model.
TOP 100 VAR ENTRIES OPEN
- Wednesday, 30 March 2016
- News and Analysis
- Written by mark
The call for entries for Bob Scott's Top 100 VARs is open for the 2016 selection. And what themes are we likely to see this year? The continuing move to the cloud seems like the obvious major trends. We continued to see desktop VARs taking on products from Acumatica, Intacct and NetSuite Also notable is the growing bifurcation of the Dynamics market between large Dynamics AX vendors and Dynamics GP, NAV and SL, which Microsoft labels as its SMB products.
MISYS GROWS DEVELOPMENT
- Thursday, 24 March 2016
- News and Analysis
- Written by mark
Manufacturing Information Systems (MISys) has expanded its software development team to work on the next generation of its MISys Inventory Manager. The Woodstock, Ver.-based company has named Daniel Orcutt as director of development to lead the development team and manage outside development efforts. His Linkedin page shows he started in November. Orcutt worked at Woburn, Mass.-based Monotype from August 2007 until returning to his home town.
SAP GOING DEEPER IN INDIA
- Thursday, 24 March 2016
- News and Analysis
- Written by mark
SAP is taking steps to help startup companies in India. CEO Bill McDermott said this week the Germany-based software company is making its code available to such businesses so they can build on SAP's in-memory company platform Hana. SAP said it is already working closely with more than 400 startups in the subcontinent and said that 16 percent of its startup engagements are in India where it is adding about 100 such engagements each year.
MINERALTREE STARTS PROGRAM
- Thursday, 24 March 2016
- News and Analysis
- Written by PMG Admin
MineralTree has had resellers prior to this month. But the Cambridge, Mass.-based the accounts payable (AP) and payment automation software company has not had a former program until now. The company has hired Colin Toomey as partner development manager to work with MineralTree's coterie of resellers and business process outsourcers. From March 2010 until taking the new job, Toomey worked at Cayan.
I.B.I.S.'S VABULAS TO RETIRE
- Wednesday, 23 March 2016
- News and Analysis
- Written by mark
Andy Vabulas has decided to retire as president of I.B.I.S. after leading the Atlanta, Ga.-area reseller for 27 years. His last day will be April 7, which takes him through the Envision conference and presumably, the last, Randy & Andy party run by Vabulas and Randy Forkner of Collins Computing, which has been a looked-for event at the World Wide Partner Conference and the former Convergence. Sonata Software of Bangalore, India, acquired the Dynamics reseller last fall.
MICROACCOUNTING GETS ACUMATICA
- Friday, 18 March 2016
- News and Analysis
- Written by mark
MicroAccounting Solutions has added Acumatica's cloud-based offerings to its product line up. That gives the historical Sage reseller two SaaS applications—it also sells Intacct. However, Stuart Blumenthal, VP of cloud solutions for the Dallas, Texas, and Chicago, Ill.-based VAR, said this week the fact Acumatica also offers a desktop version of the accounting software is a big plus.
M&A DRIVES COLUMBUS RESULTS
- Friday, 18 March 2016
- News and Analysis
- Written by PMG Admin
Four acquisitions led reseller and software developer Columbus to double-digit increases in revenue and net income last year. And the biggest impact was in the United States which benefited from 2015's acquisition of InterDyn BMI and Sherwood Systems. In fact, the increase in Columbus' revenue for the year ended January 31 was 245.2 million euros and the increase from the U.S. was 241.4 million euros.
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