News and Analysis (15703)
ACUMATICA CMO GOES TO SISTER UNIT
- Friday, 23 May 2014
- News and Analysis
- Written by mark
Acumatica's chief marketing officer, Stijn Hendrikse, has moved to a sister company. "I am still at Acumatica because they don't have my replacement yet," Hendrikse said this week. However, his job for the present and future is as CMO and managing director at MightyCall and Infratel. Hendrikse came from Microsoft in March 2012. Behind these companies is Serguei Beloussov, founder and chairman of Acumatica, Infratel, Parellels, and founder and CEO of Acronis.
NETSUITE: THE ART OF THE SHOW
- Friday, 23 May 2014
- News and Analysis
- Written by mark
NetSuite broke new ground in exhibit hall management for this midmarket accounting business this year, highly effective management. At least, it did one thing not seen at most (if any) accounting conferences in the last two decades, setting the entrance to the keynote hall through the exhibits and leaving time between breakfast and the 9 am keynote. This is obviously a benefit to paying exhibitors. It turned out to be a much longer time than expected to see exhibits when the San Jose Convention Center technical system wasn't up to snuff, a fact likely to play in negotiations.
Read more...HOW SOON THE LOW-END SHAKEOUT?
- Friday, 23 May 2014
- News and Analysis
- Written by mark
Intuit added 165,000 QuickBooks Online subscribers over the last year and Xero tacked on 157,000. So how many are available to FreshBooks, Sage One, Wave, Kashoo and who knows how many other low-accounting products? We know not everyone will make and executives are starting to point to a coming shakeout. In Sage's first-half earnings webcast earlier this month, chief executive Guy Berruyer rattled off some names and said he could think of at least 10 others in the United Kingdom. "I don't expect them all to make it," he said. Neither do most of us.
EPICOR SPINS 2Q RESULTS
- Thursday, 22 May 2014
- News and Analysis
- Written by mark
It was all an odd schedule--a company holding its earnings conference call 12 days after it filed the 10-Q for the quarter and the CEO bragging about the progress the company has made since he joined in October. Of course, later in the earnings call, CEO Joseph Cowan denied a Wall Street Journal report that Epicor Software is for sale. That was after he reported the company's recent Insights conference was, "The most surprising and motivational event I have ever attended."
EXACT MULLS U.S. ONLINE PLAN
- Thursday, 22 May 2014
- News and Analysis
- Written by mark
Exact is trying to figure out a better way to market its Exact Online application in the United States and may decide to involve its Macola VARs. The product is available on the Intuit App store. But since the introduction of the cloud product earlier this year, 26 companies have purchased it and Exact has labeled the progress as being slightly behind plan. "It seems difficult to find QuickBooks customers who are ready to go for an industry solution," Erik van der Meijden said during this months' earnings webcast for the first quarter ended March 31.
QBES HITS 100K SUBSCRIBERS
- Tuesday, 20 May 2014
- News and Analysis
- Written by mark
QuickBooks Enterprise Solutions hit 100,000 subscribers during the third quarter ended April 30, a 17.9-percent rise from 85,000 a year earlier. It would be nice to intelligently discuss why this product keeps growing. But it's not material to results and does not get analyzed during earnings webcasts. Intuit has issued no press releases about the product, enhancements or its channel program for ages. It has awards for its QBES resellers, but unless the partner issues its own release, that information doesn't see the light of day.
SAGE UNVEILS X3 VERSION 7
- Monday, 19 May 2014
- News and Analysis
- Written by mark
Sage's introduction of X3 Version 7 last week was a formality. The website for the product – the only Sage midmarket package with its own website – was already packed with V. 7 info. More attention was paid to what Sage's Europe CEO Alvaro Ramirez meant when he said, "Our brand is a disaster." I'm of the opinion he didn't mean it quite the way it sounds but why hand competitors a recruiting tool? The remarks suggest that the rebranding campaign of putting the word "Sage" in front of all products has not worked as well as hoped. Version 7 will be first rolled out in on-premise form next month.
COLUMBUS NAMES SERVICES SVP
- Friday, 16 May 2014
- News and Analysis
- Written by mark
Columbus, a Dynamics reseller based in Copenhagen, has named Keld Jersild Olsen SVP of services. He replaces Steen Hybschmann, who became managing director of Columbus Denmark in February. Olsen was previously SVP at Nets and also worked at Hewlett-Packard where he held jobs as outsourcing manager, services director and country manager and has also was CEO NetDesign.
XERO SLIDES SHOW TO 2015
- Friday, 16 May 2014
- News and Analysis
- Written by mark
Xero is moving its North American conference from the fall - the time of year the first and so-far only show was held - to the spring of 2015. The New Zealand-based cloud software company held its first conference in the United States in September 2013 but will not be holding another this fall. "We heard from a lot of our accounting partners that the spring is a better time for them than the fall," says Sharna Brockett, Xero's director of public relations and social media in the United States.
NETSUITE TAKES THE LONG VIEW
- Friday, 16 May 2014
- News and Analysis
- Written by mark
An important thing about NetSuite's product announcements was not what was said, but when it was said. "I was surprised they talked about things so far in the future," said one attendee, referring to the announcement of the 2015 version of the cloud product. "As they deal with increasingly large companies, they have to do that," I replied. And he agreed. NetSuite's average selling pricing has continued to climb—up 50 percent over the prior year as noted in the webcast of the March quarter earnings announcements.
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