News and Analysis (15706)
NET@WORK BUYS HUCKSTEP
- Friday, 26 April 2013
- News and Analysis
- Written by mark
Sage reseller Net@Work has entered the nonprofit market with the acquisition of NFP specialist Huckstep & Associates. Based in Springfield, Mo., the latter firm was founded in 1994 by owner, Jeannie Huckstep, who will serve as Net@Work's nonprofit practice director. Terms were not disclosed. The reseller has more than 350 nonprofit and public sector agencies as clients. In last year's VAR Stars submission, Huckstep reported revenue of $1.45 million and a staff of nine.
NETSUITE REVS UP 32 PERCENT
- Thursday, 25 April 2013
- News and Analysis
- Written by mark
NetSuite revenue boomed for the first quarter ended March 31, hitting $91.6 million, up 32 percent from $69.3 million from the year-earlier period. And in this week’s earnings webcast, CEO Zach Nelson gushed that performance “exceeded our outlook on every measure”. The loss increased to $13 million from $7.7 million and non-GAAP earnings dropped to $2.8 million from $4.1 million for the San Mateo, Calif.-based cloud company. But Wall Street analysts were happy.
ACUMATICA INTROS EDUCATION EFFORT
- Thursday, 25 April 2013
- News and Analysis
- Written by mark
BLYTHECO WRITES SUGAR CONNECTOR
- Wednesday, 24 April 2013
- News and Analysis
- Written by mark
Blytheco has introduced the bly:Connector, a tool that integrates Sage 100 with SugarCRM. Blytheco, of course, is Sage’s top North America reseller that early last year got into the cloud, picking up both SugarCRM and the cloud. I don’t know if there’s anything to the timing that Sage sold off SalesLogix and Act and only has SageCRM left in that part of its product arsenal.
INSIDEVIEW NAMES MARKETING OFFICER
- Wednesday, 24 April 2013
- News and Analysis
- Written by mark
InsideView, which makes customer intelligence products for B2B marketing and sales, has named Brian Kelly as chief marketing officer. Before joining the San Francisco-based company, Kelly co-founded and was CEO of Stampt, which developed a mobile customer loyalty application. He was also previously CEO of Quantivo Corp. which provides cloud-based big-data analytics. Earlier this month, InsideView announced integration with SugarCRM 7, the latest product from the open source CRM company. InsideView has made a slight run at the midmarket accounting software channel. Last year, it signed Blytheco and BrainSell.
UNIT4 RESULTS UP SLIGHTLY
- Wednesday, 24 April 2013
- News and Analysis
- Written by mark
Unit4, owns the Agresso and Coda lines, reported a slight increase of EBITDA on a 2-percent rise in revenue for the first quarter ended March 31. Although growth was slight, CFO Edwin van Leeuwen said in a prepared statement that was a better than expected performance, “since we initially projected that Q1 2013 would end below the same period of last year.” EBITDA rose slightly to $28.6 million while revenue reached about $152.95 million.
TECH ADVISORS TOPS SUGAR CHANNEL
- Tuesday, 23 April 2013
- News and Analysis
- Written by mark
Technology Advisors was named Most Valued Global Partner by SugarCRM at this month's SugarCon 2013. The Des Plaines, Ill.-based CRM specialist also pulled down the same title for North America. The other regional winners were Synolia in Europe, Middle East and Africa; GrowIT in Latin America; and CRM Online, in the Asia Pacific Sugar also handed out technology awards with the titles of two requiring spelling out exactly what they are for.
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BAASS ENTERS U.S. WITH AXIS DEAL
- Monday, 22 April 2013
- News and Analysis
- Written by mark
Sage reseller Baass Business Solutions, which has been on the grow in Canada, moved into the United States with the acquisition of Miami-based Axis Global Partners. By picking up Axis, Toronto-based Baass also enters the Caribbean and Latin American markets. Earlier this year, Baass folded in Equation Technologies, based in Richmond Hill, Ontario. In mid-1912, Baass took over CA-Plus, which had offices in Toronto and Edmonton.
NEXT WEEK: BOB SCOTT'S TOP 100 VARS
- Friday, 19 April 2013
- News and Analysis
- Written by mark
The selection of the 2013 class of Bob Scott's Top 100 VARs is scheduled for publication on Friday, April 26. The information will be available as a downloadable PDF available on this website. Without giving away much, it's safe to say that there are several new names, about 10 percent of the list, which continues to be reshaped by cloud applications and by companies that are making a more serious effort in the midmarket channel. Or it may just mean that after all these years, I am finally figuring out who is really important. As always, the selection is accompanied by a discussion of issues that affected the market in 2012 and are moving it in 2013.
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ASIA PACIFIC DAMPENS SAP RESULTS
- Friday, 19 April 2013
- News and Analysis
- Written by mark
Management changes in the Asia Pacific region tripped up SAP for the first quarter ended March 31. But the giant software company still saw a double-digit increase in net income and what was described as its best first-quarter ever.. After-tax profit rose to about $706 million, a 17-percent increase over last year’s corresponding period. Revenue rose to roughly $4.7 billion, a 7-pecent rise. There were three management changes in Asian countries coupled with a slowdown in purchases in China. However, Co-CEO Bill McDermott said the company had confidence in the top management in the region.
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