The ERP Minute - Episode 65

Sage announced its full-year 2022 financial results, which ended September 30, 2022. Organic recurring revenue growth was 9%, underpinned by Sage Business Cloud’s growth of 24%. The organic operating margin also increased to 19.9%, with an underlying basic EPS growth of 8%. Microsoft and Lockheed Martin announced the expansion of their strategic relationship to help power the next generation of technology for the Department of Defense (DOD). This agreement will span across four critical areas for the DOD, including classified cloud innovations, artificial intelligence/machine learning, modeling, & simulation capabilities, 5G. MIL programs, and digital transformation. At the SAP TechEd conference, SAP announced the launch of SAP Build, a low-code solution that puts SAP’s enterprise technology in the hands of business users, giving them direct, secure access to the end-to-end processes, data, and context they need to make smarter decisions and drive innovation quickly. Deltek unveiled its latest product innovations, specifically Deltek Unionpoint, at Deltek ProjectCon. Deltek Unionpoint is an iPaaS solution based on Workato that is designed to make it easier for project-based businesses to automate processes for their projects. iPaaS solutions are great for businesses that rapidly expand and change because of the easy integration capabilities and access to a number of applications also built on the platform. Salesforce followed the tech trend with the introduction of a new Analytics Performance Bundle that will help companies consolidate their analytics tools to achieve success with an easy-to-use, self-service platform that saves costs and gives every employee the tools needed to gain real-time insights and make decisions quickly. Qlik recently enabled Qlik Cloud with enhanced encryption to securely host personal health information (PHI) subject to U.S. HIPPA requirements while completing its SOC Type 2 + HITRUST Attestation.