News and Analysis

News and Analysis (15704)

ARMANINO CONSULTING REVS UP 62 PERCENT

Chris Moore, Armanino ConsultingArmanino Consulting had very strong year in 2011 as the organization's revenue rose by 62 percent over 2010 results. The financial software vendor cited organic growth along with acquisitions and strengthening of some product lines as factors behind the $28.7 million in revenue last year, a significant jump from $17.2 million in 2010. The percentage increase appears to lead all the candidates for this year's Top 100 selection. Read more...

RANDOM THOUGHTS: MITT ROMNEY

Mitt RomneyThe comment that Mitt Romney was born with a silver spoon in his mouth was unfair. It was platinum. ... I'm not saying Romney is rich, but he has the electoral vote for the Cayman Islands sewed up. ... As the presidential campaign develops, President Obama will point to the greatest accomplishment of his term: keeping Joe Biden quiet for the last two years or so. Read more...

SAGE HIRING X3 DIRECT SALES

sage x3 headerSage has talked about having direct sales for areas in which resellers are not serving customers. That is apparently part rationale behind the job posting on Sage’s Career Center for individuals to serve as part of a new of a new license sales team. The key phrase in the posting appears to be the following: “Maximize revenue through direct sales to designated accounts.” Read more...

SAGE PREZ CIRCLE GETS A DINNER

president_s_circleIt’s hard to avoid consultant Wayne Schulz’s quip of two years ago that Sage North America would cut its President’s Circle event down to dinner and a movie instead of taking winners to some exotic locale.  It’s close to the truth for the plans for this August’s awards at the Summit conference.

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DYNAMICS REVS RISE 11 PERCENT

microsoft logo newMicrosoft says that Dynamics revenues rose 11 percent for the third quarter ended March 31, compared to results a year earlier. But that included 30-percent growth in Dynamics CRM revenue which suggests accounting software revenue grew a lot less. In an earnings webcast, the company said that it has 33,000 customers. And that is all  Microsoft reports about the product line, the rest of this is filler.

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INFOR GETS CO-PRESIDENT

Stephen Scholl, InforInfor has named Stephen Scholl, formerly CEO of Lawson Software, as co-president. The move follows this month's merger of Lawson with Infor. The man he joins in the presidential role is Duncan Angove and both are veterans of Oracle, as is their boss, Infor CEO Charles Phillips.

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CRM SVP RITTER LEAVES SAGE?

Larry Ritter, SageWord in the channel is that Larry Ritter, SVP and GM for Sage CRM Solutions, has left the company after eight years. In that position, Ritter was responsible for Act. Since there has been a public post on a LinkedIn group and comments from more than one source that says this is confirmed, I'll treat this fact since I don't have Ritter's contact information. Read more...

BLYTHECO CARRYING INSIDEVIEW

Steve Blythe, BlythecoThe product line for top Sage reseller Blytheco is significantly expanding. After taking on SugarCRM and announcing it will soon market a cloud-based financial application, the Laguna Hills, Calif.-based operation has started carrying InsideView and HubSpot. This is in line with a statement this month by CEO Steve Blythe that he wants his revenue mix to go from 60 percent ERP and 30 percent CRM to 50 percent CRM and 40 percent ERP. Read more...

NOT WAITING FOR BIG GUYS' CLOUDS

The important thing in this year's Top 100 VAR list is not how many resellers are carrying cloud products. It is who they are.  It looks like 21 of the 100 chosen are marketing Internet-based financial applications, up from 11 in 2011. And many of them are influential organizations that are not waiting for Microsoft or Sage to make the move. Read more...

SAP NORTH AMERICAN PREZ OUT

Robert Courteau, SAPSAP said execution issues cut into its North American results for the first quarter ended March 31. Software revenue was off by 7 percent in constant currencies for the Americas region. In a conference call held Friday, SAP's co-CEOs William McDermott and Jim Hagemann-Snabe said that swift action had been taken. "We adjusted leadership where we needed to," said McDermott.

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