News and Analysis

News and Analysis (15670)

TO-INCREASE GOT TRIBRIDGE MARKETER

Bill Anderson, To-IncreaseBill Anderson, who had been the director of marketing for Tribridge, left the Tampa, Fla.-based company in the spring. Anderson moved to To-Increase as global marketing director in March, but this is one of those moves that did not get widely known. (Meaning To-Increase did not issue a press release.) Before joining Tribridge in February 2009, Anderson was VP of marketing for the former ePartners. EPartners was then purchased by Tribridge in December 2011. To-Increase, based in the Netherlands, is the software arm of Danish Dynamics VAR Columbus and develops applications on top of Dynamics AX and NAV and was acquired by Columbus in 2006. Anderson's resume has some real highlights since during his tenure Tribridge was Microsoft's Worldwide Dynamics Partner of the Year in 2008, 2010 and 2012. Anderson came to ePartners via its purchase of the former Progressive Business Solutions in 2001, where he had run marketing since 1995.

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NETSUITE OFFERS BYD MIGRATION

NetSuite SAPSAP may be saying the Business ByDesign is not dead. But rival NetSuite is telling the world that the online program is going the way of the dinosaurs. On its home page, NetSuite has posted what it is calling "SAP Business DyDesign Sunset Migration Program" replete with an art element that represents lovely, glowing sunset.

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ABILA BRINGS BACK MIP NAME

Krista Endsley, AbilaAbila, which acquired the former Sage Nonprofit Solutions, has brought the MIP name back to the nonprofit software market. We should say, it has formally brought the name back because MIP, short for the former Micro Information Products, has been in active use among the reseller and user community despite its official disappearance. Abila says the decision was in response to customer feedback. "We listened to our customers and brought back the MIP name for our fund accounting solution, signifying a rich tradition in software going back 30 years," says Abila CEO Krista Endsley. Micro Information Products first released the product in 1982. After it was acquired by Sage in 2001, it disappeared under Sage's rebranding and was finally known as Sage 100 Fund Accounting. The product is now Abila MIP Fund Accounting. For the other products acquired from the Sage, the renaming was simply a matter of replacing the name Sage with the word, Abila. The other renamed products are Abila Fundraising 50, Abila Fundraising Online, Abila Grant Management, Abila Nonprofit Online and Abila Millennium

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UNIT4 3Q REVS UP FIVE PERCENT

Edwin van Leeuwen Unit4Revenue for the Netherlands-based Unit4 rose by 5 percent for the third quarter ended September 30. The company, which markets the Agresso and Coda applications, reported revenue of about $150 million for the most recent period as SaaS and subscription revenue rose by 40 percent while product license revenue fell by 3 percent. The company is also the majority investor in FinancialForce.com whose revenue was almost 80-percent higher than the year-ago figures. EBITDA hit about $33.million, a rise of 16-percent over a year earlier despite the company's increased investment of FinancialForce.com. In its official statement, Unit4 commented that "North America performed well including further sales into the education and travel sectors." CFO Edwin van Leeuwen noted the potential for large cloud deals to have a negative impact. If larger deals that are normally seen in the last few months of the year are sold as cloud installations that will cut into the fourth-quarter margin. That is because the company can recognize only a small percentage of revenue from cloud deals immediately.

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SAGE ONE ACCOUNTS EXTRA DEBUTS

SageOneSage UK has introduced Sage One Accounts Extra, a souped up version of its low-end online accounting package. And the company clearly sees this as a big deal with the official announcement calling it "one of its most significant technology launches in the UK." It seems to me that in the past year Sage has mentioned this kind of functionality hitting the wider market. In any event, the launch covers both the United Kingdom and Ireland. 

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MICROSOFT ALLIES WITH INSIDEVIEW

InsideViewMicrosoft has struck a deal with InsideView that will bring the latter's Social Insights to users of Dynamics CRM Online. Social Insights aggregates real-time company and contact information from 30,000 sources into the CRM package. InsideView will be available at no charge to users of the online version and those with Professional licenses for the desktop edition on October 30 with the functions available worldwide next year. 

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SAP BYD RIP OR NOT DEAD YET?

Bill McDermott, SAPJust how alive SAP's much-trumpeted Business By Design is remains a subject of debate after SAP released its third-quarter results. Trade publications in Germany and here were declaring the product dead with one saying SAP has stopped active development of the cloud product. But in this week's earnings webcast, co-CEO Bill McDermott said that ByD will become part of the Hana platform and "will continue to be promoted and actively supported" and will continue to be sold through SAP channel.

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ADAPTIVE SIGNS BDO CANADA

Adaptive Planning, which makes Internet-based budgeting software, has enlisted BDO Canada as a reseller of its cloud products. According to its website, the firm up north had $445 million (Canadian) in revenue for the year ended December 31. There are 105 Canadian offices with 383 partners and principals and a professional staff of 2,354. BDO’s midmarket financial software effort in Canada is carried out through BDO Solutions, which handles Dynamics AX, GP and NAV, and the Pronto XI line, along with NAV-X Distribution and Warehouse Management Software

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INVESTOR HAMMERS EDGEWATER BOARD

Shirley Singleton, Edgewater TechnologyAn investor, Ephraim Fields of Echo Lake Capital has issued a letter hammering the independent directors of Edgewater Technology. The letter was quoted at length on the blog, Seeking Alpha, which indicates that Fields has done this before. Among other things, fields says that the three independent directors of the company, which owns Dynamics reseller Fullscope, lack experience in the technology field and have been primarily associated with nonprofits. Fields' letter is quoted further as stating "Collectively you appear to lack many skills critical to a well-functioning board including accounting, capital allocation, corporate finance, M&A, and strategic planning."

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NADELLA, MBS AND SOME MUSING

Satya Nadella, MicrosoftVeterans may remember that in 2002, Satya Nadella, was briefly scheduled to be the head of Microsoft Business Solutions. Microsoft's filing of a proxy with Nadella's salary and the news that Unit4 has received bids for private equity firms got be thinking about the past and future of the unit that markets Dynamics. As president of Microsoft's server and tools operations, Nadella is now a named executive and Microsoft disclosed that for 2013, he received total compensation of $7.7 million that included a salary of $669,167 and a cash award of $1.58 million.

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