News and Analysis (15703)
INFOR WINS 5-YEAR-OLD LAWSON CASE
- Thursday, 07 August 2014
- News and Analysis
- Written by mark
A decision in a patent infringement case brought against Lawson Software in 2009 has been vacated. The case was brought by ePlus, which alleged multiple infringements of different ePlus patents by Lawson procurement software. Lawson was acquired by Infor in mid-2011. Most claims were dismissed by a jury in 2011 or by a decision in 2012 by the Federal Circuit Court of Appeals. In May 2011, ePlus won an injunction against Lawson, which then redesigned its software to eliminate any infringement. But e-Plus claimed the new software was not much different and that Lawson had violated the injunction.
The court agreed and fined Lawson $18 million for civil contempt. In November 2013, the Federal Circuit affirmed a finding by the United States Patent and Trademark Office that ePlus' remaining patent claim was invalid. Lawson prevailed in a ruling last week by the U.S. Court of Appeals for the Federal Circuit, which had already thrown out a number of ePlus's claims. The appeals court ruled there was no legal basis for the conjunction and that contempt award had to be set aside. The appeals returned the case to the District Court with instructions to dismiss it.
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APTEAN NAMES COO
- Wednesday, 06 August 2014
- News and Analysis
- Written by mark
Aptean, which markets the Ross ERP system and Pivotal CRM line, has hired Kim Eaton as COO. She will oversee global operations including product development; professional services and support; and training and education. Eaton was with NCR from August 2011 through her taking the new position. There, she was most recently VP of strategy and integration for hospitality.
SAGE NAMES U.K.'S COO AS CEO
- Wednesday, 06 August 2014
- News and Analysis
- Written by mark
The Sage Group has chosen technology leader and British government official Stephen Kelly as its new CEO. Kelly will take over from the current job holder, Guy Berruyer on November 5. On that date, Berruyer will also retire as a director of the United Kingdom-based company, but will remain available in a transition role until the end of March. Kelly will receive an annual salary of about $1.3 million and a one-time award of about $1.7 million that vests over a six years, depending on share return performance.
SAGE TAKES X3 ONLINE
- Wednesday, 06 August 2014
- News and Analysis
- Written by mark
Sage will introduce Sage ERP X3 Online in the North America next month. And I’m somewhat puzzled that the press release on the Sage U.K. as and in the noisy executive Q&A at the recent Summit conference, I don’t remember mention of Sage X3. Strange. The product will have a controlled release on this continent before the world-wide roll out. The remarks by Christophe Letellier, CEO of Sage ERP X3 did not mention any schedule for introduction in other countries. The browser interface is based on HMTL5, which sounds pretty standard.
SERVICE REVS RISE AT EDGEWATER
- Friday, 01 August 2014
- News and Analysis
- Written by mark
Edgewater Technology saw a sharp rise in service revenue, accompanied by a drop in software revenue for the second quarter ended June 30. But the end result of operations was a 21.4-percent rise in earnings as this week the company reported net income of $1.7 million, up from $1.4 million in last year’s corresponding period. Total revenue reached $29.2 million for the most recently ended period, a 4.7-percent increase from $27.9 million a year earlier. Service revenue rose to $24.5 million, an increase of 13.4 percent from $21.6 million.
BLACKBAUD SHOWS STRONG EARNINGS
- Friday, 01 August 2014
- News and Analysis
- Written by mark
Blackbaud turned in a 40.1-percent rise in net income on an 11.1-percent increase in revenue for the second quarter ended June 30. Net income hit $9.3 million, up from $6.6 million in last year’s corresponding period. Revenue rose to $139.4 million in the most recently ended period, compared to $125.5 million a year ago. CEO Mike Gianoni said organic revenue growth was double the rate of the previous few years. This week’s earnings webcast for the quarter was less focused on product direction than were the last two in which executives emphasized the move to spread payments and analytics products across the nonprofit vendor’s product portfolio. The discussion was more about product introductions during the quarter, such as crowd funding capabilities in The Raisers Edge from the acquired Everyday Hero product and the addition of the Data Health Scorecard Gianoni also pointed to significant additions to the executive team as among the quarter’s accomplishments. This includes the hiring of Kevin McDearis SVP of global product development, announced this week. McDearis was CIO of Manhattan Associates from August 2012 until taking the new job. He was with Checkfree from October 1996 through its purchase by FiServ in 2007 and was CTO, Fiserv Enterprise Technology from September 2008 through August 2012.
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EXACT ALTERS U.S. ONLINE MARKETING
- Friday, 01 August 2014
- News and Analysis
- Written by mark
Exact has decided to market its own accounting products with Exact Online as it tries to kick start sales of the new cloud product in the United States. Exact entered the market here last year by selling Exact Online in combination with QuickBooks. But in a news-filled earnings webcast this week for the second quarter ended June 30, CEO Erik van der Meijden said customers “can buy our integrated solution, or they can buy our industry solution in combination with QuickBooks.” Exact is also going to leverage three U.S. manufacturing software units--Macola, JobBoss and Max--with Exact Online JobBoss launching during the current quarter.
KERR SOLIDIFIES DEVELOPMENT BIZ
- Friday, 01 August 2014
- News and Analysis
- Written by mark
Kerr Consulting and Support and has formalized its software development program, after two years of program evolution. Phil Smith, national sales manager of The Woodlands, Texas-based company, said that two years ago Kerr hired an employee for internal CRM development. Those duties were enlarged and have recently become part of a department whose products include the Accounts Payable Selection Grid for Sage 300.
SAGE ONE EXTRA DEBUTS IN 2014
- Thursday, 31 July 2014
- News and Analysis
- Written by mark
Sage One Extra, the next level of Sage’s online accounting software system, is expected to be introduced in the United States this year. Connie Certusi, EVP of Sage’s Small Business Solutions Group described Extra as a ‘more robust online accounting solution built on the Sage One platform.” It will serve “maybe up to the 20-employee space,” she said at this week’s Sage Summit conference in Las Vegas, noting, of course, that use also depends on a company’s needs. It will have multi-currency features, cash analysis and accrual reporting.
INFOR REPORTS PROFIT FOR 2014
- Thursday, 31 July 2014
- News and Analysis
- Written by mark
Charles Phillips, the CEO of Infor, said his company turned in a solid performance for the fourth quarter and year ended May 31. But what he could also have said during this week’s earnings conference call was that it did something it hadn’t accomplished in the previous four fiscal years, which is produce net income. Earnings of $121.7 million for fiscal 2014 compared to a 2013 loss of $76.2 million. We don’t know how Infor performed before 2010 as that is the earliest year shown in the vendor’s SEC filings. The black ink came on modest revenue growth.
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