News and Analysis

News and Analysis (15669)

DELTEK LAUNCHES VISION 7.5

Namita Dhallan, DeltekDeltek has launched Vision 7.5, the latest edition of its financial application for professional services. The application introduces Asset Manager, a new module that enables users to create, track and manage assets in one place and which integrates with Vision Purchasing and Accounting. It also integrates with Deltek TrafficLive and Deltek Talent Management. Deltek is also providing AP Invoice/Absence Request approvals and task dependency enhancements.

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KEYEDIN SOLUTIONS SIGNS ATS

Vivian Keena, Alternative Technology SolutionsKeyedIn Solutions has signed Alternative Technology Solutions as a reseller of its KeyedIn Manufacturing Cloud ERP. In a prepared statement, ATS CEO Vivian Keena, said, "Our partnership with KeyedIn will allow us to provide Cloud-based, configurable ERP built specifically for many of the specialized manufacturing verticals we serve." Probably the most interesting thing, however, is not this deal but the relationships of the parties of the two companies.

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BENNETT PORTER DROPS SYSPRO

Sue Bennett, Bennett PorterReseller Bennett Porter is transitioning out of its Syspro business. The Tigard Ore-based company has sold its Syspro practice to Systems Advisory Services effective October 1. It is still supporting four customers that use the manufacturing software application in conjunction with SAS, but only through December.

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XERO CREATES CHIEF DATA OFFICER POST

Tony Stewart, XeroXero has named Tony Stewart to the newly created position of chief data officer. The New Zealand-based cloud accounting software company says in this new role Stewart will be responsible for accelerating automation, business systems roll out and big data innovation. The hiring follows last month's phishing episode in which the company said  a small number of users tricked of customers were tricked into disclosing their Xero logons.

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CHANNEL VET LORENZ JOINS ACUMATICA

Ken Lorenz, AcumaticaKen Lorenz, whose career has spanned a wide-range of mid-market jobs, has taken a position in business development for vertical ISV relationships for Acumatica. Lorenz has had two stints with SAP. He was with that software vendor from July 2003 through April 2009 and spent his first two years and two months with SAP America as a regional channel manager and finished with three years and 11 months as Business development director - global megachannel.

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EDGEWATER TO STUDY TAKEOVER OFFER

Jeff Eberwein, Lone Star Value InvestorsEdgewater Technology, which has Oracle and Dynamics AX practices, has retained Signal Hill Capital Group to evaluate a hostile takeover launched by Ameri Holdings. In a prepared statement, Edgewater said this week it is aware of an attempt by stockholder, Lone Star Value Investors, to remove certain company directors. "The Board and Company management value input from all of the Company's stockholders," Edgewater said in a prepared statement. Lone Star, led by activist investor Jeff Eberwein, teamed up with Ameri Holdings recently to launch a proxy solicitation.

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UXC CEO TO RETIRE NEXT YEAR

Cris Nicolli, UXC Cris Nicolli has told the board of directors of UXC that he intends to retire next year after five years as CEO of the Australia-based company. Nicolli, who has been with the company for 12 years, made the announcement while his company is considering a buyout bid from IT services company CSC early in October. The press release announcing Nicolli's decision says he will continue to work with the company to evaluate the CSC offer.

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RANDOM THOUGHTS: LAS VEGAS

Las Vegas stripAs I was getting out of the car at the airport my wife was advising me: "Now make sure you eat soon because who knows when you will have a decent meal, again. And you are going to be in intolerable conditions, surrounded by hostile people." "Going on a safari," a guy next to me asked. "No, I have a middle seat on a transcontinental flight."

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ALFAPEOPLE TO DOUBLE INDIAN STAFF

AlfapeopleDynamics AX VAR Alfapeople is growing its workforce substantially in India. The retail specialist recently reported it has expanded its staff in India to 25 people and expects to double that by December 2016. Alfapeople has its India headquarters and Centre of Excellence (Retail) in Gurgaon and the firm also has a regional office and delivery center in Bangalore.

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EDGEWATER RESTATES GROWTH PLANS

Shirley Singleton, Edgewater Technology Edgewater Technology reiterated its plan to grow by acquisition as the company itself faced a hostile merger bid. That left executives on this week's third-quarter earnings webcast saying they would not answer questions about the bid from Ameri Holdings, but facing them from one analyst anyway. "We are going to do acquisitions in this space and we are increasing our channel marketing presence," CEO Shirley Singleton said during the webcast.

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