News and Analysis

News and Analysis (15710)

ACUMATICA PUSHES HARD IN U.K.

Acumatica has significantly expanded its presence in the United Kingdom with a data center operating in that country and plans to hire a country manager. In addition, the cloud ERP software company signed Pinnacle as a VAR in the U.K.

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WAITING FOR PROCORE’S IPO

Procore Technologies' filing for an initial public offering has been one of the non-events of the year. It could be simply because the company filed its S-1 form with the SEC on February 28, when it looked like it would be a better year.

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SALESFORCE ADDS INDUSTRY CLOUDS

Salesforce has added clouds for three new industries: communications, media, energy and utilities. This week, the CRM company also introduced new applications for the public sector, including  license and permit management, inspection management and emergency program management. 

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ENAVATE BUYS BC/NAV DEVELOPER

Enavate has acquired SWP Group, which provides upgrades, development and outsourced services for Microsoft Dynamics NAV and Business Central. Terms were not disclosed.

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TECH SPENDING SURGES DURING PANDEMIC

World-wide spending on technology soared to roughly $15 billion extra a week during the COVID-19 crisis. The 2020 Harvey Nash/KPMG CIO Survey, which said spending was done to safe and secure working at home, said this month IT leaders spent more than their annual budget rise in three months. 

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COLUMBUS HIRES M3 LEADER

Columbus has hired Tina Algkvist to head its global M3 Business Unit. She will assume her job in November running the business for Columbus’ Infor product (the former Lawson Software).

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RIMINI, ORACLE: WE  BOTH WON

An ongoing court case in which Rimini Street sued Oracle has ended in? Well, it depends on whose press release you believe.

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ORACLE CLEARED OF DISCRIMINATION CHARGE

A Department Labor Administration Law Judge has ended a four-year discrimination case against Oracle. Judge Richard Clark found no evidence of discrimination against women, Asians and African-Americans.

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QBO ADVANCED TOPS 75K CUSTOMERS

Intuit says its QuickBooks Online Advanced application how has more than 75,000 customers. The statistic was reported during the webcast of this week’s Investor’s Day by Alex Chriss, the EVP who runs the company’s small business and self-employed group.

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REPAY OFFERS MAXIMUM SHARES

The underwriter for a stock offering by Repay Holdings has exercised its over-allotment option to purchase an additional 1,364,816 shares. Earlier this month, the payments software company had increased its public offering from 10 million to 13 million shares. 

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