News and Analysis

News and Analysis (15671)

AVALARA TO EXPAND SALES/MARKETING

 Avalara finished a typical quarter in some ways on June 30—it had a 45-percent increase in revenue, a record percentage as a public company. However it also cranked up its loss for the second quarter by 177 percent.

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MICROSOFT NAMES INNER CIRCLE

Microsoft has named its Inner Circle for 2021/22. However, as in the past individual firms are making their announcements and  complete list has yet to appear

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ALLITHYA OPENS MOROCCAN CENTER

 Dynamics reseller Alithya has opened an office in Tangier, Morocco. The company said it wants to take advantage of the pool of IT talent in the North African country.

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TAYLOR MACDONALD TO RETIRE

 Taylor Macdonald is retiring from his position as senior VP of channel sales at Sage Intacct. Macdonald, who will leave a the end of the year, said Nancy Teixeira, will serve as the interim VP of the combined VAR organization of Sage and Intacct.

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BLACKBAUD NET DROPS, REVS SAG

The pandemic took a toll on Blackbaud’s growth for the second quarter ended June 30. The nonprofit software company reported a 43-percent decline in net income on a .8 percent drop in revenue.

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TEAMS IS IN YOUR ERP’S FUTURE?

The move in hybrid work and collaboration is pushing Microsoft Teams into business applications. Naturally, Microsoft is highlighting Teams being embedded in  Microsft 365 and Dynamics 365.

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CURRENCY HOLDS DOWN SAP’S RESULTS

 Currency changes dented SAP’s results for the second quarter ended June 30. In the Americas, cloud and software revenue was up 5 percent in constant currencies, but dropped 3 percent because of currency changes.

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SAGE NATIVE CLOUD REVS UP 32 PERCENT  

Sage reported that cloud native applications grew by 32 percent to approximately $286 million for the nine months ended June 30. CFO Jonathan Howell defined Sage Intacct’s growth only as faster than the 19-percent growth it registered for the second quarter.

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DYNAMICS REVENUE RISES 33 PERCENT

Microsoft turned in a killer quarter as it ended its year on June 30. Dynamics revenue rose by 33 percent year-over-year, 26 percent in constant currency.

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IFS SOFTWARE REVS UP 20 PERCENT

 Software revenue for Sweden-based IFS rose to roughly $301 million for the high ended June 30, an increase of 20 percent year over year. The company said cloud revenue, which represented more than 39 percent of software income, grew by 79 percent.

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