The ERP Minute - Episode 49
Oracle Corp and Microsoft Corp announced the general availability of Oracle Database Service for Microsoft Azure. With this new offering, Microsoft Azure customers can provision, access, and monitor enterprise-grade Oracle Database services in Oracle Cloud Infrastructure. Users will be able to migrate and build new applications on Azure and then connect to Oracle Database services. Sage announced an expanded partnership with Microsoft, including plans to integrate Microsoft Business products, such as Microsoft 365 and Microsoft teams, as embedded services in Sage products and the Sage Digital Network. Deltek recently announced an agreement to acquire TIP Technologies, a provider of quality, compliance, and manufacturing execution solutions. Deltek’s President and CEO, Mike Corkery, said, “This acquisition is a natural evolution of our partnership, and will create a more effortless way for our customers to get the combined benefits of our collective solutions.” SAP announced its financial results for the second quarter and half-year ended June 20, 2022. Cloud revenue was up 34% to become the largest revenue stream. SAP S/4HANA's current cloud backlog extends its growth trend, up 100%. SAP’s cloud backlog exceeded approximately $10.23 billion, up 34%. Planful released strong momentum within its reporting for the first half of 2022. Subscription bookings beat the previous best-ever quarter by more than 20%, while customer expansion bookings surged 41% year-over-year.
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The ERP Advisor - An Inclusive Outline of IFS
IFS is in more than 50 countries worldwide with 500+ partners and thousands of customers. They aim to help companies engage customers, empower employees, and optimize assets, especially through their newer cloud offerings. Take advantage of this episode of The ERP Advisor where we will provide an inclusive outline of IFS.
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The ERP Minute - Episode 48
Infor announced a new partnership with Syntellis Performance Solutions, a leading provider of enterprise performance management software, data, and intelligence solutions. This partnership will provide Infor’s existing and new healthcare customers access to Syntellis’ Axiom Healthcare Suite, giving users the tools to improve the cost of care and the operational outcomes of their organizations. Acumatica has recently broadened its relationship with Shopify by supporting the development of its new business-to-business (B2B) solution. Merchants can use Shopify’s solution to manage B2B and direct-to-consumer (DTC) stores in a single platform. OneStream announced that its Annual Recurring Revenue reached over $250 million in the second quarter ending June 30, up more than 60% year-over-year. The company also increased its customer base by over 100 new customers in the first half of the year to over 1,000 customers globally. Qlik announced support for the newly launched Amazon Redshift Serverless cloud data warehouse for both Qlik Sense cloud analytics and Qlik Data Integration. As organizations build cloud analytics with SAP & Mainframe systems, they can leverage Qlik’s solution with Amazon’s Redshift Serverless cloud data warehouse to deliver relevant and timely business data. Blackbaud announced strategic organizational updates to its executive leadership. These changes include Kevin Gregoire being appointed Chief Operating Officer, David Benjamin being appointed Chief Commercial Officer, and Tom Davidson being appointed Executive Vice President of Corporations. Workday achieved FedRAMP Authorized status at the Moderate security impact level from the Federal Risk and Authorization Management Program for Workday Government Cloud, marking the company’s official entry into the U.S. federal government market.
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A No Holds-Barred Summary of Oracle NetSuite - Podcast Episode 71
Founded over 55 years ago, Oracle has expanded across the market, even acquiring NetSuite as a standalone business unit in 2016. As an early adopter of the Software as a Service technology offering, they became a pioneer in the ERP space when they launched as NetLedger, eventually rebranding to NetSuite. Through their acquisition by Oracle, they were able to become their go-forward mid-market ERP solution. Tune into this installment of The ERP Advisor for a No-Holds-Barred Summary of Oracle and NetSuite.
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The ERP Minute - Episode 47
OneStream was named the overall leader for the fifth consecutive year in the 2022 Wisdom of Crowds Enterprise Performance Management Market Study by Dresner Advisory Services, earning a perfect ‘five-out-of-five’ recommended score. Microsoft announced the utilization of the lithium-ion batteries at a Microsoft datacenter to combat issues with wind intensity fluctuation in Ireland causing variable power production for electric power grid operators. Aptean, a global provider of mission-critical enterprise software solutions, announced the acquisition of Produce-Pro Software, a provider of enterprise technology solutions built to support the specific needs of the fresh produce and perishables industries.
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The ERP Minute - Episode 46
Oracle announced the opening of the first Oracle Cloud Infrastructure (OCI) region in Mexico. The new region will provide Oracle’s Mexico-based customers with a wide range of cloud services, including built-in security and disaster recovery. IFS recently announced its purchase of Ultimo Software Solutions, a Netherlands based provider in cloud Enterprise Asset Management (EAM) software. Salesforce released the next generation of MuleSoft, a unified solution for automation, integration, and APIs to automate workflows. The new features include no-code capabilities to automate repetitive manual tasks using bots with MuleSoft RPA that fully integrate into Salesforce Flow. QAD will join the USDM Life Sciences Cloud Assurance Certification program. This third-party assessment will provide QAD life sciences customers with the well-tested assurance of QAD’s development, quality, security, cloud hosting, and training processes.
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The ERP Minute - Episode 45
This week, the ERP software market saw a number of vendors making changes within their executive team. Some of these changes included the newly appointed CEO, Chris Todd, of UKG, Chris Singh being named the Chief Customer Officer of Blackbaud, and the promotion of Chris Powell at Qlik to Chief Marketing Officer. Recently, lists have been released ranking great places to work across the globe. Unsurprisingly, many software vendors have made the list, capitalizing on the competitive advantage a status like this brings. In the US, the noteworthy mentions included Salesforce, SAP, HubSpot, and Service Now. As vendors expand globally, we also see Planful and Argano make the “Great Place to Work” list in India. Salesforce announced the launch of its Catalyst Fund to provide unrestricted capital to nonprofits led by underrepresented leaders. The first round of grants, totaling $2 million, will support 20 nonprofits in Australia, the United Kingdom, and the United States that are addressing inequities in education, economic opportunity, and racial justice.
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The ERP Advisor - An In-Depth Report on Infor
With over 65,000 organizations worldwide, Infor provides business cloud software products for many industry specific markets. The company builds and deploys technology focusing on user experience, data science, and easy integration. With over 60,000 customers, there is plenty of information on the market to justify working with Infor, but is it right for you? Have your questions and concerns answered with this in-depth report on Infor.
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An All-Out Breakdown of Acumatica - Podcast Episode 70
Founded in 2008, Acumatica is a fairly young company that is making waves within the ERP world. Acumatica offers adaptable ERP software worldwide and believes focusing on the customer and offering tailored solutions takes precedent. As one of the fastest growing Cloud ERP companies for the last six years, many can find themselves curious about all the features this maturing company has to offer. To learn more, join The ERP Advisor for this all-out breakdown of Acumatica.
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The ERP Minute - Episode 44
NetSuite released results from their fiscal 2022 fourth quarter. NetSuite ERP Cloud Revenue was up 27% year-over-year. Rootstock Software, a worldwide provider of cloud Enterprise Resource Planning solutions, announced new enhancements to its Cloud ERP to meet the needs of manufacturing, distribution, and supply chain organizations. They introduced product enhancements through enabling a resilient supply chain, improved demand planning, enhanced financial analytics, an improved user experience, optimized mobile capabilities, leveraging of Einstein AI and LNP for improved employee experience, and self-service via Einstein Bots. Microsoft recently announced the utilization of their products in Columbia to improve education and in Israel to provide low-cost crop insurance to small farmers.
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A Definitive Guide to Cloud ERP Deployment - Podcast Episode 69
Today, leaders see promotions everywhere to move their software to cloud solutions. Many are asking, "What is Cloud ERP?" It is a daunting task for leaders to deconstruct how the different cloud deployments will benefit or detract from their company’s cybersecurity plan, risk compliance, user convenience, uptime, IT infrastructure and maintenance, and overall connectivity. In this CPE Event, Shawn Windle will discuss the benefits and pitfalls of the various cloud deployments available in the market.
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The ERP Minute - Episode 43
Epicor announced their acquisition of Data Interchange, a UK-based provider of Electronic Data Interchange (EDI) cloud technologies and managed services. Blackbaud kicked off their annual Developers’ Conference. During this event, they highlighted their ongoing investment in Sky API, their open industry standard rest API toolset, the increase of their API endpoints, new self-service tools for technology connectors, including Microsoft Power Platform, the expansion of the Blackbaud Marketplace, and increased importance of multi-factor authentication and easy enabling of single sign-on. Oracle announced their fiscal 2022 fourth quarter and fiscal full year financial results. Total fourth quarter revenue was $11.8 billion, up 5% year-over-year. Total fourth quarter cloud revenue, for IaaS & SaaS, was $2.9 billion, up 19% year-over-year. Fiscal year 2022 total revenues were up 5% to $42.4 billion. Oracle CEO, Safra Catz, stated, “Couple a high growth rate in our cloud infrastructure business with the newly acquired Cerner applications business—and Oracle finds itself in position to deliver stellar revenue growth over the next several quarters.”
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The ERP Advisor - An Extensive Overview of Epicor
For 50 years, Epicor has created industry-specific software solutions and services that aid businesses across the world. Scuderia AlphaTauri, a Formula 1 racing team, is a notable partner of Epicor, proving they can provide solutions in innovative and unique ways. Tune in to this installment of The ERP Advisor for an overview of Epicor's differentiators in the market.
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The ERP Minute - Episode 42
On June 1st, Oracle announced that all required antitrust approvals have been obtained for its proposed acquisition of Cerner, a leading provider of digital information systems used within hospitals and health systems. Oracle completed the acquisition of Cerner as of today, June 7th. Infor announced that it has entered into a technology partnership with Everstream Analytics, the global supply chain insights and risk analytics company, to help organizations better anticipate and navigate supply chain risks and disruptions. Through this partnership, Infor will integrate Everstream’s end-to-end supply chain risk assessment and monitoring data with its Infor Nexus multi-enterprise business network platform. Salesforce announced results for its first quarter fiscal 2023 ended April 30, 2022. First quarter revenue was $7.41 billion, up 24% year-over-year, with Operating Cash Flow at $3.68 billion, up 14% year-over-year.
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The ERP Minute - Episode 41
Epicor announced several new enhancements that we are excited to share. The first is Epicor Automation Studio, an integration Platform as a Service (iPaaS) solution embedded within Epicor Kinetic and Epicor Prophet 21, powered by Workato. Epicor reviewed their new CPQ solution with visual production configuration capabilities and integrations to its flagship ERP products as well as a host of additional enhancements. Workday recently released the results for the fiscal 2023 first quarter ended April 30, 2022. Total revenues were $1.43 billion, an increase of 22.1% from the first quarter of fiscal 2022 and subscription revenues were $1.27 billion, an increase of 23.2% from the same period last year. Steve Hare, CEO of Sage, recently confirmed that Aziz Benmalek has been appointed as the President of Sage’s North America region on a permanent basis. Deltek unveiled the 43rd annual Deltek Clarity industry study results for Architecture & Engineering firms. Planful announced the availability of Predict: Projections, the latest addition of its Planful Predict suite of AI and ML applications, and a new experience for business users to update plans, forecasts, and budgets within the platform, reducing friction across the business. The Blackbaud Institute, a research division of Blackbaud, is celebrating 10 years of its quarterly charitable giving index by hosting a series of free, virtual “fireside chats” with the sector’s foremost thought leaders and experts to give nonprofit leaders a clear picture of the trends that have shaped, and will continue to shape, the philanthropic landscape.
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The ERP Minute - Episode 40
SAP announced that their Annual General Meeting of Shareholder of SAP SE approved all proposals of the Executive Board and Supervisory Board, while also reelecting Chairman of the Supervisory Board, Hasso Plattner. Plattner expressed his excitement, stating, “It is the privilege of my life to have been able to create, shape, grow, and lead this company. I am looking forward to continuing to do so in the coming two years.” Feeding American is using Salesforce’s Tableau software to gather and analyze data to understand where people with food insecurity live, what they need, what they prefer, and how often they need it. As part of this data-driven approach, Tableau will assist Feeding America in creating a massive, near real-time data set as a single source of truth for the entire network on the needs of over 38 million individuals experiencing food insecurity across the country. Epicor will be hosting their “Epicor Insights 2022”, allowing individuals the opportunity to engage with Epicor product experts and business leaders, industry thought leaders, and peers in the ERP industry. Be sure to lookout for content from EAG as we cover the conference, bringing you insights directly from the convention floor. Oracle Cloud Infrastructure has attained Department of Defense Impact Level 5 Provisional Authorization for additional services, including Oracle Autonomous Database and Integration Cloud. Now customers in the defense and intelligence community can benefit from a growing list of secure cloud services to run their sensitive workloads. Oracle’s Federal customers will benefit from Oracle cloud offerings being thoroughly reviewed and approved by leading technology officials.
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The ERP Minute - Episode 39
CRN announced their “The Most Powerful Women of the Channel 2022: Power 100” list. This list spotlights the female executives at vendors and distributors whose technology expertise, vision, advocacy, and mentorship are helping drive the tech channel and are deserving of recognition. Nextworld released an article advocating to end the war over “Shadow IT.”. “Shadow IT” refers to any device or software used in a business that the central technology department does not sanction. Infor has assisted a new client DBK David + Baader GmbH to move to the cloud after the company fell victim to a cyberattack that abruptly knocked out the company’s existing on-premises systems last year.
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Best ERP Strategies for Natural Resource Companies - Podcast Episode 68
The software needs for companies in the Natural resources industry vary depending on their maturation stage. Most employees in this industry consider SAP the standard, but how can a company in the early stages balance the cost of a full-scale all-in-one ERP when they have not yet started producing? Conversely, is there a way to reduce your ongoing software maintenance and support costs? In this Trusted Advisor, Shawn Windle informs listeners on how to leverage their software solutions to satisfy requirements throughout the lifecycle of their oil & gas, mining, solar, and other natural resource companies.
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The ERP Minute - Episode 38
NetSuite introduced SuiteLife Campus, a talent development initiative to help their partners expand their teams by offering accelerated training to new college graduates or career change candidates, with the goal being to create a stronger, more diverse ecosystem of NetSuite consultants. Blackbaud announced the financial results for its first quarter ended March 31, 2022. GAAP total revenue was up 17.3%, while Non-GAAP organic recurring revenue increased 6.6%. Google Cloud and SAP SE announced an expansion of their relationship, unveiling new integrations between Google Workspace and SAP’s flagship cloud ERP, SAP S/4 HANA Cloud. Salesforce has appointed former Chief Information Security Officer of the CIA, William MacMillan, as SVP, Security Product and Program Management, BISO, and Acquisition Integration.
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The ERP Minute - Episode 37
Microsoft recently reported on advancements to their comprehensive ecosystem of mixed reality solutions, including Microsoft HoloLens 2, Microsoft Dynamics 365 Remote Assist, and Microsoft Dynamics 365 Guides to empower teams to cooperate more effectively and reduce time-to-care. IFS delivered exceptional first quarter performance with Annual Contract Value (ACV) bookings up 78% and recurring revenue up 45%. Cloud revenue was up 67% year on year, share of recurring revenue is now at 70% of total revenue, and software revenue growth is up 25% year on year. Sage announced a complete brand refresh. This new look and feel will come through Sage Membership Masterclass proposition for customers, new sporting partnerships benefitting customers and communities, new services in the digital network, including Accounting and Compliance as a Service, and a new advertising campaign featuring the Sage customers. Qlik has expanded the Qlik Academic Program to over 700 universities and educational institutions across India. Qlik is investing in the growth of data literacy across the globe. Investing in students and the next generation is as smart move from Qlik who understands the need for education to ensure the future success of the analytics market.
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The ERP Minute - Episode 36
Last week, SAP announced their Q1 2022 results with continued cloud momentum. Cloud revenue further accelerates, up 31%, SAP S/4HANA cloud revenue significantly increased, up 78%, and SAP S/4HANA current cloud backlog is expanding even faster, up 86%. Oracle recently announced the availability of Oracle Exadata Cloud Infrastructure X9M which enables customers to run on existing workloads faster, with greater scale, and at a lower cost than previous generations. Gartner predicts that three emerging environmental sustainability technologies will see early mainstream adoption by 2025. These technologies are cloud sustainability, carbon footprint measurement, and advanced grid management software. In line with this prediction, Workday publicized new solutions and expanded capabilities to help its global customers meet the demands of evolving environmental, social, governance regulations and corporate accountability. Also related, this week Acumatica was awarded a silver medal for its sustainability management and performance by EcoVadis, the world’s largest and most trusted provider of business sustainability ratings.
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The ERP Minute - Episode 35
Blackbaud announced yesterday that it has achieved carbon neutrality across its operations and data centers for 2021, and that it will engage with the Taskforce and Climate Financial Disclosure and CDP to ensure transparent sustainability reporting and progress. Acumatica achieved many different number one rankings in the G2 Spring 2022 reports. OneStream announced strong 2022 Q1 results with achieving 67 percent year-over-year Annual Recurring Revenue (ARR) growth in the quarter ending March 31st. In addition, since the beginning of 2022, OneStream has added over 100 employees and is now over 1,100 employees across 18 countries. Salesforce launched CRM Analytics with new innovations that surface IA-powered, actionable insights directly in the flow of work. Microsoft announced the general availability of Subscription billing for Microsoft Dynamics 365 Finance at no additional cost to users of Dynamics 365 Finance.
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How to Choose the Top Food & Beverage ERP System
With a world of possibilities and ERP options on the market, how can you identify the top ERP system to fit your operations? Shawn Windle, ERP expert, discusses the ins and outs of Food and Beverage ERPs to guide decision makers through the disruptive process of upgrading their business with the right ERP.
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The ERP Minute Episode 34 - April 12, 2022
Oracle and the Association of International Certified Professional Accountants announced last week that they intend to host an introductory certification series to address the technology skills gap in finance and accounting. Acumatica recently named CJ Boguszweski as Vice President of Partner Strategy & Programs. Deltek has created The Deltek Scholars Program to fund George Mason University Computer Science graduates. IFS announced the release of its first of two updates to IFS CloudTM in 2022. QAD Inc. has released its latest enhancements to QAD Adaptive ERP, along with other QAD applications. Gartner has forecasted that Worldwide IT spending is going to reach $4.4 trillion in 2022, an increase of 4% from 2021, as CIOs recognize the importance of flexibility and agility in responding to disruptions.
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The ERP Minute - Episode 33
Epicor recently announced that is has appointed Lisa Pope as President of the company. Pope will continue to lead overall go-to-market strategy and execution for the company. Workday reported that it intends to create 1,000 new jobs over the next two years at its European headquarters in Dublin, increasing its Ireland-based workforce by approximately 60%. In addition, Workday plans to construct its new European headquarters at Grangegorman, Dublin 7. IFS announced last week that Hg, a leading software and services investor, has agreed to become a significant minority shareholder in IFS and WorkWave. Sage, in partnership with The BOSS Network, an online community for professional and entrepreneurial women, recently publicized the awardees of the 2022 Sage Invest in Progress grants to support black women entrepreneurs in their first five years of business.
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