News and Analysis

News and Analysis (15627)

SILVERSUN CITES TIMING IN REV DROP

SWKSilverSun Technologies, the parent of Livingston, N.J.-based reseller SWK Technologies, has reported a sharp drop in net income on less than 1 percent drop in revenue for the second quarter ended June 30. The culprit was service revenue decline of 4.1 percent for the most recently ended period.

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MACOLA, JOBBOSS, MAX SPUN OFF

 Ron Books, ECi Software Solutions The Exact Group is spinning off its manufacturing software operations in the United States. Macola, JobBoss and Max will end up under the ownership of ECi Software Solutions of Fort Worth, Texas. Terms were not disclosed. Exact, based in the Netherlands, will continue to sell its Globe, Synergy and Exact Online software in this country.

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SMB AWARDS? WHAT SMB AWARDS?

MicrosoftLast week's newsletter noted my attempt to round up all of the award winners in six Dynamics SMB categories. The logical place to start seemed to be with Waggener Edstrom, Microsoft's long-time public relations agency. The WagEd response was Microsoft does not make awards in the SMB category.

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RECKON PROFITS DROP ON SPIN OFF

Clive Rabie, ReckonReckon, which makes low-cost software that competes with QuickBooks Online, saw profit drop by 11.2 percent on virtually unchanged revenue from continuing operations for the first half ended June 30. The Australian software company's revenue line excludes its document management operations, which were divested on July 31.

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MICROSOFT MAKES BLOCKCHAIN PUSH

Mark Russinovich, MicrosoftMicrosoft has created the Coco Framework, which is designed to advance enterprise adoption of blockchain technology and a sort of user democracy in defining it. It will be introduced next year on GitHub. A technical white paper and demonstration is available.

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ABILA'S DRUART JOINS ESO SOLUTIONS

Tad Druart, ESO SolutionsTad Druart, EVP of marketing for Abila, has taken a job with the same title at ESO Solutions. Both companies are based in Austin, Texas. Druart held the position with the nonprofit software company from May 2014 until taking the job with ESO on July 27.

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TATARINOV MOVES ON

Kirill TatarinovCatching up on Alumni News: Kirill Tatarinov has moved on from his role as CEO of Citrix, where he served from January 2016 until last month. Tatarinov, of course, headed the former Microsoft Business Solutions from July 2007 through October 2015. The news accounts of his departure said it was abrupt.

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JOB OPS PARENT ACQUIRED

Joe Bisaha, Scanco Scanco Software, based in Sarasota, Fla., has acquired Synergistic Software, which develops Sage Manufacturing/JobOps Modules for Sage100 and Sage100c. Terms were not announced. Joe Bisaha, Scanco's director of manufacturing, will head the company's Sage Manufacturing/JobOps Division. 

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SWK VP HAHN GOES TO CPA FIRM

Matthew Hahn, SWK TechnologiesMatthew Hahn, who has been with SWK Technologies since 2003, has become chief technology officer of Clifton, N.J.-based CPA firm Sax. Hahn most recently served the Livingston, N.J.-based reseller as VP of network services. There have been a few changes in the VP level in the last year.

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NEW SAP SMB EXECS IN NORTH AMERICA

Eric Friedrichsen, SAPSAP has installed new leadership for its North American SMB segment and channel operations. The Newtown Square, Pa.-based SAP unit said Eric Friedrichsen has taken over as head of the SMB and channel segment and Marc Monday as leader of the channel ecosystem on this continent.

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