News and Analysis (15710)
IFS HALF REVS RISE 15 PERCENT
- Wednesday, 27 July 2022
- News and Analysis
- Written by BobWScott
Revenue for IFS rose 15 percent to roughly $362 million for the first half ended June 30. The Sweden-based software company touted the impact of the IFS Cloud, which was introduced in 2021.
DYNAMICS GROWTH SLOWS TO 19%
- Wednesday, 27 July 2022
- News and Analysis
- Written by BobWScott
Dynamics revenue growth by 19 percent for the fourth quarter June 30, up 12 percent in constant currency. Microsoft this week attributed the result to “lower-than-expected growth in new business even as our cloud growth continues to outpace the market.”
CLOUD NOW SAP’S BIGGEST REV SOURCE
- Sunday, 24 July 2022
- News and Analysis
- Written by BobWScott
Cloud revenue for SAP rose by 34 percent—24 percent in constant currency—to about $3.12 billion for the second quarter ended June 30. That represented an increasing portion of total revenue, which reached $7.69 billion for the most recently ended period, up 13 percent over a year ago, 5 percent in constant currency.
PRODWARE 2Q REVS UP 12.4%
- Thursday, 21 July 2022
- News and Analysis
- Written by BobWScott
Revenue for France-based Prodware Group rose to roughly $42.2 million for the second quarter ended June 30, an increase of 12.4 percent. That meant the Sage and Dynamics reseller ended the first half with an increase of 6.9 percent, after a 2.4-percent rise in the first quarter.
BLACKBAUD NAMES GREGOIRE COO
- Wednesday, 20 July 2022
- News and Analysis
- Written by BobWScott
Kevin P. Gregoire has been named EVP and COO of Blackbaud. The executive, who has been with the nonprofit software company April 2018, had served as EVP and president of U.S. markets.
CAI BUYS OPEN SOURCE VENDOR XTUPLE
- Tuesday, 19 July 2022
- News and Analysis
- Written by BobWScott
Open-source ERP vendor OpenMFG, which does business as Xtuple, has been acquired by CAI Software, a manufacturing software publisher. Terms were not disclosed.
VISMA REVS JUMP 16 PERCENT
- Friday, 15 July 2022
- News and Analysis
- Written by BobWScott
ERP software vendor Visma, driven by the growth of cloud software and service, reported revenue for the second quarter ended June 30 to about $607.1 million. Net income dropped by 4.2 percent to roughly $13.1 million.
NETSUITE STARTS REFERRAL PROGRAM
- Thursday, 14 July 2022
- News and Analysis
- Written by BobWScott
Oracle NetSuite has started a customer referral program, along with a program for associations and buying groups. NetSuite had “some things” for rewarding referrals but the new effort unites those under SuiteReferrals.
SMITH HEADS MICROSOFT CHANNEL SALES
- Thursday, 14 July 2022
- News and Analysis
- Written by BobWScott
David Smith, who was previously VP of U.S. partners, has been named VP of worldwide channel sales by Microsoft.
DYNAMICS 2022 WAVE 2 SPELLED OUT
- Thursday, 14 July 2022
- News and Analysis
- Written by BobWScott
Microsoft has released details for Dynamics 365 and Power Platform, 2022 Wave 2. The new features, which will be released between October and March, were spelled out this month for numerous varieties of Dynamics 365.
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