Sage announced its Q3 results with solid growth across its various cloud solutions. Rimini Street enhanced its SAP services, adding support for several cloud solutions. Oracle and Rimini Street both published press releases celebrating victory from the latest court case; though Oracle seems to have the upper hand. Rimini Street are likely to appeal again.
IFS continued its strong growth in H1 2023, with total revenue rising 38% year over year. Cleo added some prebuilt ERP connectors to accelerate automation for organisations using Oracle NetSuite, Microsoft Dynamics, and SAP.
Appointments
FourKites announced the appointment of Dr Bo Tao as Chief Technology Officer and Manik Mair as Senior Vice President of Corporate Growth.
Business
Blue Yonder announced a multi-year extension for its partnership with Jon Rahm, one of the world’s top-ranked golf superstars.
IRIS Software announced a strategic partnership with Ignition, a leading engagement and billing automation platform for accountants – helping firms boost revenue through seamless cloud-based customer experiences.
ToolsGroup is extending its partnership with Spanish IT consultancy firm Lãberit to provide supply chain solutions to Spain and Latin America.
Customer
Oracle announced that Kansai Electric Power Company, Inc. (Kansai), the retail arm of one of Japan’s largest integrated power utilities, is using Oracle Utilities Customer Care and Billing to provide customers with new rate options and services that can increase satisfaction.
Italian supermarket chain Bennet is extending its use of the Oracle retail cloud platform with Oracle Retail AI Foundation Cloud Service and Oracle Retail Assortment Planning Cloud Service to support its rapid growth and optimize inventory management and pricing strategy decisions to keep pace with customer demands.
Pandle published an interview with Erwin Bos, CEO of House of Espresso! In which he reveals how Pandle has helped overcome the challenges it faced.
General Stamping & Metalworks (GSM), one of the leading metal fabricators in the United States, announced that they are adopting Paperless Parts. The premiere quoting and estimating platform for manufacturers.
The Brenda Strafford Foundation (BSF) has selected the GROW with SAP solution to take full advantage of cloud ERP and help meet its current and future ambitions.
The City of Victor Harbor will upgrade its key corporate systems to a modern Australian-made, Software-as-a-Service (SaaS) platform from TechnologyOne.
Financial Reports
SOFTONE Group
SOFTONE Group published results for 2022 and noted strong sales in Q1 2023. Key figures included:
- +40.7% increase in turnover (IFRS) to €36.2 million in 2022
- +33% increase in EBITDA to €8.3 million in 2022
- Recurring revenue over 75% in 2022
- Turnover at €11 million in Q1 2023 (+40.8%)
- Profitability reaches €4.6 million in Q1 2023 (+42.6%)
- The estimated generated value of the SOFTONE ecosystem is over €89 million
Mr Panos Martinis, CEO of the SOFTONE Group of Companies, stated, “The outstanding financial results of 2022, as well as the solid performance of indicators so far this year, reaffirm SOFTONE Group’s leading position in the Greek business software industry, resulting from its long-term strategic planning and the robust diversification of its business model.
“Relying on technological innovation, its strong partners network, targeted acquisitions, and strategic partnerships with trustworthy vertical solutions providers, SOFTONE Group has consistently been at the forefront of developments in the domestic business software market, generating high value for all members of its ecosystem. Focused on our strategic plan, we continue to firmly develop best-in-class products and services that make SOFTONE Group the leading end-to-end digital transformation solutions provider in the Greek market.”
Unanet
Unanet provided a business update on a successful second quarter. It added new logos from the Construction (UJAMAA Construction, Paradigm Construction), A&E (BRR Architecture, Warehaus, L&A Architects) and GovCon (McCormick Stevenson Engineering Design, Client First Technologies, EGA Associates) industries.
Craig Halliday, CEO of Unanet, commented, “Our continued growth, innovation and industry recognition are sustained by a thoughtful, steady hand on one key lever: customer satisfaction. From our sales team to our post-implementation support, from product development to human resources to our annual user conference, all our effort is deployed to ensuring our customers have the best experience possible in every interaction with the Unanet team. This is paying off in our business performance. Since Unanet’s superiority over status quo software companies is becoming more and more clear to the market, we expect to continue this trajectory for the foreseeable future.”
Product
Ramco Systems announced Aviation Suite v5.9.6. The update includes an updated content management module, ePublications.
Simpro premium 23.3.3 includes a new site geolocation feature and several enhancements.
