News and Analysis

News and Analysis (15669)

CDC SOFTWARE UPS GUIDANCE

CDC Software is telling Wall Street that it expects net income to be 25-percent higher than guidance issued in August and 15 percent larger than updated guidance in November. The company, based in Shanghai and Atlanta, now predicts net income to range from $20.5 million to $21.5 million for 2009, which compared to the November guidance of $17.2 million to $19.3 million. Read more...

SAGE OUTLINES GROWTH AREAS

Sage logoSage sees payment processing and long-term healthcare as growth areas. Those aren't surprising statements, but the prominence they are given in the 2009 Sage annual report says a lot about the emphasis top management will place in these areas in fiscal 2010. Read more...

RETAIL PRO GETS INTO NEW PHASE

Retail Pro has launched what the company calls phase 1 of project "Aruba" at the National Retailer Federation expo. Aruba, described as utilizing a thin-client architecture, is scheduled to have its first release this year, although no month, quarter or season was specified. Read more...

MICROSOFT PREVIEWS DYNAMICS AX RETAIL PRODUCT

With the back drop of the National Retail Federation Annual Convention & Expo held this week in New York, Microsoft has introduced Microsoft Dynamics AX for Retail, which it described as an end-to-end package for midsize specialty retailers. The application combines features from LS AX Retail and LS POS.NET purchased from LS Retail EHF and Retail Chain Manager for Microsoft Dynamics AX acquired from To-Increase, a subsidiary of Columbus IT Partner. Read more...

PKF JOINS PARTNER POWER

Greg PricePannell Kerr Forster of Texas has joined Partner Power International, an organization owned by Dynamics channel members, whose goal is to give the individual resellers a longer reach in serving Dynamics customers. PKF becomes the second CPA Firm in this country to become a Partner Power member. Read more...

INFOR LOADS UP ON TALENT

Infor, which markets specialized ERP applications, is continuing to hire executives in what is clearly a major move by the company, a move to where is hard to tell, but a move. In November, it named Robert Humphrey as Chief Marketing Officer. Read more...

TECTURA WENT AFTER ADDITIONAL FUNDING

Tectura, the international Dynamics reseller based in Redwood City, Calif., hiked the amount of funding it sought to raise in the second half of 2009 from $10 million, first anticipated in June, to $17.3 million raised in December. These figures were provided with filings the company made with the SEC regarding funds raised through the sale of securities. Read more...

EPICOR NAMES CHANNEL MANAGER

epicorEpicor has named Sam Montana to head its worldwide channel, a move that comes as reports are coming in that Epicor would start growing its again. Montana, who has worked at Epicor for 12 years, has the title VP worldwide solutions, according to his Linkedin page. Read more...

CATCHING UP ON VERSATA, SAP

While this newsletter was revving up in August a lawsuit was decided that involved SAP and Versata, which has a diverse portfolio that includes specialized ERP products. A jury awarded Versata $139 million regarding its allegations of patent infringement by SAP which Versata said used its patents regarding the way items are priced and systems configured for products with multiple levels. Read more...

CATCHING UP ON SSYH

An October press release that didn't make it my way announced that two of the partners whose names are part of the company name Stanley Stuart Yoffee & Hendrix, have left the business. Owners Reagan Stanley and David Yoffee, who will remain as advisors of the Maitland, Fla.-based Dynamics reseller. Read more...

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