News and Analysis

News and Analysis (15669)

SAGE TO RESELL HR CLOUD APPLICATION

Clifton Sage North America is getting to the cloud in the human resource market by reselling another company's software. Sage has signed a reseller agreement via which it will sell CornerStone OnDemand's SaaS product "in conjunction with its Sage Employer Solutions line of HR management tools." The product will start getting to market through this deal early next year but getting it into the Sage channel is likely to be a gradual process.

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INTACCT TARGETS DELTEK SPACE

Dan Druker, IntacctIntacct's discussion of its new product launch indicates the company is looking at both Deltek and Dynamics SL VARs. But outside of the need for a shorter headline than one that mentions both competitors, many of the moves look a bit more aimed at the Deltek market. The cloud vendor's fall release features Intacct Services Resource Planning, ERP for project and services-related businesses. The company also announced an alliance with Clarizen via which Intacct and its channel will resell Clarizen's product which features elements such as work management and resource management.

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NETSUITE SIGNS PHILLIPINES VARS

NetSuite has signed two Philippines companies as part of the NetSuite Solution Provider Program. GlobalOne Solutions and PanPacific Computer Center were described as serving large, global enterprises in the Philippines. NetSuite said the island nation has traditionally been served by local dealers. NetSuite also reported that its customer base in the Philippines has grown by more than 30 percent this year. GlobalOne specializes in the telecom and utilities industries. PanPacific serves wholesale/distribution, manufacturing, retail and real estate companies.

 

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XERO PARES LOSS, DOUBLES REVENUE

xero-logoXero, which makes web-based accounting applications, is ramping up infrastructure to support 1 million end users. That came as Xero reported it had narrowed its loss while more than doubling revenue for the half ended September 30.  The company lost about $2.8 million for the six months just ended, 21 percent less than in the prior year. Revenue reached just over $6 million, up 112 percent.

 

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TRIBRIDGE BUYS EPARTNERS

Tony DiBenedetto, TribridgeThe aggregator is dead. Long live the aggregator? The past and future of reseller consolidation has met with the acquisition of ePartners by Tribridge. Terms were not disclosed. Tampa, Fla.-based Tribridge, one of three Microsoft Master VARs, raised just over $24 million in capital in the last year and it probably used a bunch of that in this deal. Tribridge admitted to $60 million in revenue for its submission to the 2011 VAR Stars. Read more...

NETSUITE CHANNEL 35% OF NEW BIZ

Ron Gill, NetSuiteNetSuite's channel will produce about 35 percent of the company's new bookings for 2011. That was the figure given by CEO Ron Gill at this week’s Credit Suisse 2011 Technology Conference, continuing the story of the channel's increasing contribution. Last month, NetSuite CEO Zach Nelson said that channel revenue was up 50 percent over the prior year.

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SAGE REVS GROW; TO LAUNCH SAGE ONE IN U.S.

Guy Berruyer, SageSage this week said revenue in North America grew by 3 percent for the year ended September 30. Overall revenue for the parent, The Sage Group, was up by 4 percent organically, as the company returned to growth. The North American EBITA margin was 25.5 percent, up 3 points.

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TRIBRIDGE OUTLINES MASTER VAR PLANS

Steve Terp, TribridgeTribridge hopes to sign its first Sales Affiliate by the end of the year under the new Microsoft Master VAR program. The Miami, Fla.-based Dynamics reseller is in talks with other dealers who are seeking to sign with the company, one of three Master VARs chosen by Microsoft. "We have not limited ourselves as to how many we will sign," Steve Terp, the company's chief sales officer, said this week.

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SAP AND SILVERLIGHT; BIG DEAL OR NOT?

Chris Horak, SAPSAP's need to rewrite its Business ByDesign user interface because of Microsoft's move away from Silverlight is an issue simmering in the background. But whether it is important or not is disputed by competitors. For rival Intacct, “This is just the latest miss-step in SAP’s journey to the cloud – their poor execution has all been driven by their DNA as direct seller of on-premises software to large enterprises," says Dan Druker, Intacct's VP of marketing

 

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INTUIT EXEC PAY DROPS

Kiran PatelIt was a good year for their company for the period ended July 31, but not good enough as Intuit executives saw their pay drop. Total compensation for CEO Brad Smith was $11.5 million, down 11.7 percent from $13.9 million for fiscal 2010. Smith lost the most ground on option awards, receiving $1.3 million in that category for fiscal 2011, down from $3.1 million.

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