News and Analysis (15710)
SAGE NAMES PLATINUM ELITE VARS
- Monday, 16 December 2019
- News and Analysis
- Written by BobWScott
Sage has named nine resellers as 2019 Platinum Elite winners in North America. The number is line with last year when the number of VARs receiving company honors was reduced substantially from prior years.
M&A BOOSTS SALESFORCE RESULTS
- Friday, 13 December 2019
- News and Analysis
- Written by BobWScott
The purchase of Tableau in August and MuleSoft in May helped Salesforce.co, to a 33-percent increase in revenue for the third quarter ended November 30. But the company also hiked spending by 37 percent, including a 60.1-percent rise in spending for R&D, to end up with a loss for the most recently ended period.
ELLISON: NO CO-CEO SOUGHT
- Friday, 13 December 2019
- News and Analysis
- Written by BobWScott
Oracle is not seeking an executive to replace the late Mark Hurd, the company’s co-CEO who died on October 19, the company said this week. That leaves Safra Catz in place as the sole CEO, after sharing the position from Septembe 2014 until Hurd's death.
INFOR NAMES ANZ DIRECTOR
- Friday, 13 December 2019
- News and Analysis
- Written by BobWScott
Infor has promoted Jarrod Kinchington to the position of managing director for Australia and New Zealand. Kinchington joined the software company as director of sales in February 2018.
NETSUITE REVS RISE 29 PERCENT
- Thursday, 12 December 2019
- News and Analysis
- Written by BobWScott
The cloud boom continues at Oracle reported NetSuite revenue for the first quarter ended November 30 were 29 percent higher than in the year-ago quarter. NetSuite and Fusion ERP were bright spots in a flat quarter that disappointed Wall Street.
BILL.COM IPO TOPS ESTIMATES
- Thursday, 12 December 2019
- News and Analysis
- Written by BobWScott
Bill.com’s initial public offering this week was a hot one. The payments software company sold 1 million more shares than originally planned at $22 per share as it went public on the New York Stock Exchange.
ACUMATICA KICKS OFF SERVICES PROGRAM
- Wednesday, 11 December 2019
- News and Analysis
- Written by BobWScott
Acumatica has signaled the beginning of a new channel program with its enlistment of accounting firm, BDO, as a services partner. The program is designed to support larger customers who are buying Acumatica products.
RETAIL PULL BACK HURTS INFOR 2Q
- Wednesday, 11 December 2019
- News and Analysis
- Written by BobWScott
Infor has decided to “defocus” on several areas of software with point-of-sale the one area named this week. The comments were made by executives during this week’s webcast for earnings for the second quarter ended October 31.
AVALARA CFO TO RETIRE
- Friday, 06 December 2019
- News and Analysis
- Written by BobWScott
Bill Ingram, chief financial officer of Avalara, has announced he will retire on March 31. Ingram will be succeeded by Ross Tennenbaum, the sales tax company’s EVP of strategic initiatives.
BILL.COM TO RAISE UP TO $183.6M
- Friday, 06 December 2019
- News and Analysis
- Written by BobWScott
Bill.com said this week it will raise a maximum of $183.6 million through an initial public offering. The cloud payments company expects to offer 8,823,529 shares at an estimated price of at $16 to $18 per share.
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