News and Analysis

News and Analysis (15708)

ACUMATICA SIGNS ISVS

Acumatica, which makes on-premise and Internet-based financial applications, is offering applications from Adaptive Planning, Avalara, Pacejet and SIP to its customers. All are currently shipping. For the record, Adaptive Planning markets budgeting applications; Avalara, sales and use tax programs; Pacejet, shipping, logistics and mobile software; and Les Service SIPD makes EDI modules.

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RADIANT SYSTEMS RAISES $56.4M

Radiant Systems, the Atlanta-based POS specialist, has raised about $56.4 million in a public offering of 3.5 million of its shares and another 1,193,848 shares from selling shareholders. The offering price was $17 per share, with the underwriters exercising the full over allotment of 2,062 shares from the company and 702,105 shares from stockholders. The offering was priced about the time I was working on list week's issue which reported the projected range. Radiant  intends to use the proceeds to retire debt, fund working capital and for other purposes including possible acquisitions. Among other products, Radiant markets the CounterPoint software line.

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COUGAR INTROS CMS 2011

Cougar Mountain Software has released CMS Professional 2011, which includes a new dashboard – Cougar Dtails, A Sales Dashboard – and which the Boise, Idaho-based company said is an expansion of its dashboard line. The sales dashboard is described as providing a one-stop sales monitoring system that combines database tables used to compiled five different reports into a single tool. Users can choose from 17 views to track and monitor sales. The short version is that there are lots of ways to slice and dice data, along with multiple drill downs and additional sorting options. Read more...

NOKIA HIRES MICROSOFT'S ELOP

Steve ElopStephen Elop, who has served as president of the Microsoft Business Division, has fled the software giant to become CEO of Nokia in its drive to compete with Apple. Elop takes over from Olli-Pekka Kallasvuo (I don't think the spellchecker works on this), who is said to have presided over a 50-percent drop in Nokia's market value. Elop is notable in this market as he was boss to Kirill Tatarinov whose Microsoft Business Solutions is home to the Dynamics line. Maybe this is why Elop was so quiet about Dynamics at the Worldwide Partner Conference in July. Elop joined Microsoft in January 2008. MBD had revenue of $18.6 billion for the year ended June 30, down from $18.9 billion for FY 2009. However, the division ended the year on a strong note with $5.25 billion in revenue, compared to $4.57 billion a year earlier.

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BLYTHECO OFFERS MOBILE MAS ACCESS

Blytheco, one of Sage North America's largest resellers, has launched bly/Mobile, an application that enables users to access MAS 90 and MAS 200 via iPhone and Blackberry. Macs and PCs running Windows, Linux and other operating systems can also access the Sage products. As outlined by the company's Web page bly/Mobile is a composite of four applications. These include the Web browser-based MAS 90 or MAS 200 that the company says eliminates the need for Citrix or Terminal Services and which provides full system screens and capabilities for remote or travelling users and also provides the multi-platform support.

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QB 2011 LAUNCHES

QB 2011 Box ShotIntuit has sent forth QuickBooks 2011, its annual new model of the pervasive low-cost accounting product. As for the 2011 vintage, the biggest change for those other than end users came in the renamed product for accountants. What was once the QuickBooks Premier Edition for Accountants is now the QuickBooks Accountant Edition. Among the important changes for QBES and the Accountant Edition is the fact that the application now supports two instances of QuickBooks. Version 11 of QBES also introduced Advanced Inventory, which enables users to track the quantity and value of inventory in multiple locations.

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DYNAMICS CRM ONLINE BETA RELEASED

Microsoft makes more noise about beta releases than most companies do about final products and the roll out of Dynamics CRM Online follows that pattern. The beta is available in eight languages and 36 markets and that's excepted to hit 40 markets and 41 markets by year's end. It is available via Microsoft's data centers and is being released for customers and hosting partners for on-premise use as Dynamics CRM 2011. The product has the Office CRM ribbon and role-based users. Read more...

VAR STARS 2010:

Applications for this year's selection of Bob Scott's VAR Stars are still being accepted. This is a selection of 100 mid-market reselling organizations. The selection is based on quality, not quantity, so firms of all sizes are eligible. There is no ranking of the firms selected; they are simply chosen based on performance, industry reputation and contribution. To be considered and receive information and an application, contact me at This email address is being protected from spambots. You need JavaScript enabled to view it. The lucky 100 get a nifty logo and my eternal gratitude. At least until next year.

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INTACCT RAISES $3 MILLION?

There's been no press release from the company, but a filing with the SEC shows that online financial application vendor Intacct sold $3 million in convertible preferred stock in June. It's the first SEC filing in more than two years which came as part of a $15 million round of financing the company announced at that time. The nice thing about it is that in the 2008 filings showed little other than stock had been sold. The form Ds now filed with the SEC give the amounts sold, date and types of securities involved. With the company signing Taylor Macdonald to enlist resellers and CPA firms this summer, Intacct has been very busy. Read more...

SAP BBD EDUCATION PROJECT PILOTED

Getting universities and colleges to use your product in classrooms has been viewed as a good way to spread the product message. And SAP is piloting a project that incorporates the newly launched Business ByDesign into the curriculum of those facilities that are part of the SAP University Alliance. Eighteen universities in the United States, United Kingdom, France, Germany and England are participating in the pilot and receive pre-configured, country-specific versions of feature pack 2.5. Read more...

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