News and Analysis (15669)
SERENIC OKS STOCK BUYBACK
- Friday, 17 June 2011
- News and Analysis
- Written by mark
Canadian Serenic Corp., which owns the Serenic Navigator nonprofit accounting software line, has a plan to buy back up to 10 percent of its publicly traded stock. The company will conduct a Normal Course Issuer bid under which it could buy up to 938,249 of the 9.38 million that are publicly traded. That’s out of a total 15.2 million common shares issued and outstanding. The bid starts on June 23 and ends on June 22, 2012 or earlier if the number of shares sought has been obtained. Read more...
SAP DEBUTS SME BI LINES
- Friday, 17 June 2011
- News and Analysis
- Written by mark
SAP has introduced new versions of its business intelligence products for small and medium-sized enterprises. These are Crystal Server 2011 and version 4.0 of BusinessObjects Edge Business Intelligence. Crystal Server (once known as Crystal Reports Server) is designed for small companies and departments. The official announcement said Crystal Server customers in sales and market departments can utilize the bundled BusinessObjects Explorer “to navigate and drill down to granular levels and monitor how those campaigns are affecting return on investment (ROI) in real time.” The products are scheduled for general release in the third quarter.
Read more...INFOR REVS UP 12 PERCENT
- Thursday, 16 June 2011
- News and Analysis
- Written by mark
Infor reported revenue of $509.8 million for the fourth quarter ended May 31, an increase of 12 percent over $453.7 million a year ago. Infor? This is a company that has previously given only a general range in its annual revenue and this appears to be a company getting ready for a public offering, how soon it’s hard to tell. But there are few other reasons that I can think of as to why private companies start reporting numbers. It's been believed annual revenue is in the $2.5 billion range, but given the May year end, adjusting for seasonality would be a bit difficult.
Read more...INFOR STARTS NEW CHANNEL PROGRAM
- Friday, 10 June 2011
- News and Analysis
- Written by mark
Infor has established the Infor Partner Network which the company says offers competitive commissions, new performance bonuses, a training program and certification. There is also the normal Market Development Funding offer. According to a statement, Jeff Abbott, VP of global alliances and channels, wants to double Infor's channel revenue over the next three years and the network is a key part of that. Infor is also offering a three-tiered program with associate, silver and gold levels that depend on performance.
Read more...
MAS BASE GETTING SQL SERVER
- Friday, 10 June 2011
- News and Analysis
- Written by mark
Sage is making way for SQL Server in Version 4.5 of the MAS line, scheduled for release in the fourth quarter. The ability to utilize SQL Server was released in October, but only for new customers, according to Erik Kaas, senior director of product management. Now, the installed base can choose between the Microsoft database engine and Sage’s historic Providex. That’s one of the additions in the road map that Sage has laid out, with many of the changes encompassing technology and features that have started in the Accpac line.
MALWARE FOLLIES
- Friday, 10 June 2011
- News and Analysis
- Written by mark
Red flags should go up before anyone downloads freeware. But seeking to bypass the fee for WinZip, I downloaded something promising called JZip.Yes, it opens zipped files, but it also installs a toolbar and itself as the preferred search tool in place of Google (and I assume about anything else.) It took a few days for me to realize and the fact that it’s also immune the normal tools for changing home pages on Firefox and Internet Explorer and the Norton 360
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NETWORKEDHELPDESK.ORG FORMED
- Friday, 10 June 2011
- News and Analysis
- Written by mark
SAGE TAKING ADVISOR GLOBAL
- Friday, 10 June 2011
- News and Analysis
- Written by mark
One of the more interesting items in the Sage MAS roadmap is Sage Advisor, which essentially pushes help at the user. It was invented by the Peachtree folks, who won a Sage award for their contribution, and is going to be brought into all of Sage’s financial applications. This isn’t all happening tomorrow as Advisor is on the MAS 90 and 200 road map for 2013. Read more...
INTACCT RAISES $12.3 MILLION
- Friday, 10 June 2011
- News and Analysis
- Written by mark
Cloud vendor Intacct has raised another $12.3 million in venture capital funding in a round raised by Split Rock Partners. Existing investors, including Bessemer Venture Partners, Emergence Capital, Sigma Partners and Sutter Hill Ventures participated in the round. The company says the capital is intended to fund aggressive hiring and accelerate its growth rate. Intacct has been steadily announcing the signing of new resellers and says that VAR channel sales showed a tenfold increase in its third quarter. Among Intacct’s recent reseller signings are SouthTech Solutions of Sarasota, Fla., Maner Costerisan of Lansing, Mich., and Raffa of Washington D.C.
VERSATA BEATS SAP FOR $345M
- Friday, 10 June 2011
- News and Analysis
- Written by mark
Must be something in the air in the last year with companies and suits against SAP. SAP was ordered to pay Oracle $1.3 billion in December because its former subsidiary, TomorrowNow, had illegally downloaded Oracle software. And now, Versata, which is an aggregator of technology companies, has been awarded $345 million in a patent infringement suit against SAP North America and its German parent. The plaintiffs were Austin, Texas-based Versata Software, and Versata Development Group. Versata originally was awarded $138.6 million in a verdict in August 2009. Read more...
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