SAP announced a solid set of results and revealed that it might sell Qualtrics and reduce staff by 2.5%. S/4HANA continues to gain traction in the customer base and is leading SAP into the cloud world. IFS published its results for the full year, citing a 19% growth in revenues and recurring revenue growth of 44%.
Enterprise Times also spoke to Robert Fleming, head of international marketing, Infor recently about why he joined Infor, the industry’s first ERP vendor and about his views on several topics.
Acquisitions
Visma announced the acquisition of Moloni, a cloud software solutions provider for invoicing and point of sale (POS), to more than 30,000 customers in Portugal and Spain. Visma also announced the acquisition of Xubio, a modern cloud ERP solution vendor for the SME segment headquartered in Argentina.
Appointments
Paperless Parts announced that it had moved its company headquarters to 60 State Street in Boston, Massachusetts, more than tripling its footprint. In addition, they have announced two key executive hires: Alan Hawley has joined the company as Senior Vice President of Sales, and Jason Luce has joined as Senior Vice President of Engineering.
Business
Esker, a global cloud platform and leader in AI-driven process automation solutions for finance and customer service functions, announced that it had opened its 15th subsidiary. The new country manager of Benelux (Belgium, the Netherlands and Luxembourg) is Adelin Odent, who oversaw the Benelux region for Esker France for the past 10 years.
BOSS Network will continue its partnership with Sage (via the Sage Foundation for its three-year, $1.5 million commitment to support the Fund with the “Invest in Progress” grant. To register or for more information, visit BOSSImpactFund.com. The deadline for submissions is February 25.
VAI, a leading ERP software developer, announced a new brand vision for 2023, helping enterprises across the hard goods, food, and pharmaceutical markets expand their business with its flagship ERP solution, S2K Enterprise, and cloud subsidiary, VAI Cloud. Its new vision for 2023 will focus on expanding sales and marketing capabilities to target enterprise-level distributors who want to scale operations with ERP technology and automate S2K applications in a secure, cloud-based environment.
Customer
Nestlé Purina Petcare, the leading manufacturer of pet care products, has successfully implemented Blue Yonder’s category management solution integrated with 3DVR Solutions’ (3DVRS) 3D virtual reality technology to assist its retail partners with better merchandizing of their store shelves.
NEFC Group has deployed Infor M3, a powerful equipment-focused enterprise resource planning (ERP) system, to help it gain greater control of its business while raising efficiency and agility.
Hammitt, one of the fastest-growing luxury brands in the United States, is working with Oracle NetSuite to deliver a client-focused, functional, and fresh approach to modern handbags as it scales its business. Saadia Group, a family-owned holding group with a diverse portfolio of leading consumer brands, including Lord & Taylor, Le Tote, and S3 Holding, has selected Oracle NetSuite to help it change the retail and brand landscape for current and future generations.
Pandle published an interview with customer David Alder, Director at Tula Energy Limited. He revealed how Pandle is helping the company.
Tanita Corporation, a global leader in precision scales and health monitoring devices, has switched to Rimini Street to support its SAP applications.
Lockheed Martin Corporation and SAP SE announced an expansion of their strategic relationship to transform the mission-critical business systems that power Lockheed Martin’s OneLM Transformation Program (1LMX).
Financial Reports
Visma published its Q4 results reporting revenue of EUR 558 million, an 18% increase year over year. Full-year revenues were 2,056 million euros, up 19% year over year. Merete Hverven, CEO of Visma, commented, “Visma continues to show strength in a more volatile business environment. All our core segments are growing, and we are successfully taking steps to mitigate a rising cost level in our industry.
“We maintain our significant investments in product development and market expansion to position Visma for new growth. As a provider of mission-critical software which enables automation, increased efficiency, and competitiveness, I believe we have products that represent part of the solution for businesses and organisations facing more uncertain times.”
Product
Commercient announced updates to its SYNC application for integrating Epicor 10 and HubSpot software.
Hansaworld unveiled version 2022-12-30. The release includes Windows OS, Calendar, and new banking integrations for Danske Bank Business UK, HSBC UK Business, Lloyds (Business) and Natwest Bankline. There are also several localisation improvements.
Microsoft revealed the 2023 release wave 1 plans for Microsoft Dynamics 365 and Power Platform.
NetSuite unveiled NetSuite 2023 Release 1. It includes updates to SuitePeople Workforce management, NetSuite AP Automation, new NetSuite Ship Central packing and shipping capabilities, and updates to NetSuite Analytics Warehouse.
Oracle announced that Engineering and construction organizations continue to turn to Oracle Primavera Cloud. Since 2017, Oracle has seen a 132% year-over-year average growth rate in customers using the solution to connect office and field teams, synchronize schedules and resources, and improve project outcomes.
Oracle announced new logistics capabilities within Oracle Fusion Cloud Supply Chain & Manufacturing (SCM). The updates to Oracle Transportation Management (OTM) and Oracle Global Trade Management (GTM), part of Oracle Cloud SCM, help customers reduce costs, improve accuracy, automate regulatory compliance, and enhance logistics flexibility.
simPRO release 23.1.2 was released with several minor improvements, including support for Airefrig automatic catalogue and supplier invoice syncing (AU only) and SFG20 Integration (UK only). There are UI improvements and improvements to mobile security settings, as well as several bug fixes.