Category: Business

Oracle smashes cloud targets with more to come

Oracle announced earnings above expectations in its Q2 results. Total revenues were up 6.6% to $9.6 billion. Cloud SaaS revenues were up 55% alone to $1.1 billion and cloud PaaS revenue up 21% to $396 million. Even on-premises software revenues were up 9% to $7.7 billion. The latter showing a strength in the loyalty of…

Infor continues to perform in cloud

Infor announced its Q2 2018 results this week. It is successfully continuing its transition from a legacy on-premises software provider to a cloud based model. It now receives more that 64% of its license revenues from cloud bases subscriptions. Overall its total revenues grew 7.3% year on year. While traditional perpetual license revenue fell by…

Sprinklr gets easier access to Reddit data

Customer experience platform Sprinklr is to get access to Reddit data both historical and in real-time. This will allow Sprinklr users to access Reddit data when they are looking at social media data for reputation management. They will also be able to post to Reddit from within Sprinklr. While Sprinklr users could work with Reddit…

TechX get BP as strategic partner

UPDATED: See below TechX, a new technology accelerator and incubator aimed at the oil and gas market has launched. It has £600,000 around £100 million to spend across three key programmes; Pioneers, Market Entry and Ventures. TechX has also secured the support of BP Ventures who will double the amount of money available to start-ups…

Kerridge snaps up Lakeview

Kerridge Commercial Systems (KCS) has announced that is has reached an agreement to acquire Lakeview Computers (Lakeview). Lakeview is a small ISV founded in 1986 targetting the SME market with customised ERP applications based on LV ERP. They have about 300 customers across the UK in several industries including food and beverage, wholesale & distribution…

Turning your Methodology to gold with Method Grid

Always Onwards Ltd has announced that its new software platform Method Grid is now available for public beta. The platform allows any company, not just professional services firms, to document their methodologies for their own use. The platform allow companies to easily recreate procedures, process flows and supporting documents while tagging specific expert internal resources to key…

Has Sage really completed its transformation?

Sage issued its full year 2017 results in with Stephen Kelly, CEO and Steve Hare, CFO looking back at a job well done. Kelly commented “I am pleased to confirm that the transformation we outlined in and out in FY15 is now complete.” (Source: Seekingalpha.com) The results are good. Organic revenue hit £1,696 million, up…

Salesforce and Deloitte search for talent in new places

Salesforce has announced a new initiative with Deloitte to help people find jobs through a new training initiative. The pilot program is launching in Indianapolis, Indiana and will look to train 500 workers over the next three years. The Salesforce Pathfinder Training Program will provide particpiants with the skills needed to obtain Salesforce Administrator and Salesforce…

Upland spends $50 million on Qvidian

Upland Software has announced the acquisition of Qvidian Corporation for $50 million. This is the largest acquisition in Uplands history and will add $19.5 million annualized revenues to the company. Qvidian provide cloud based RFP and Sales proposal automation software to more than 1,000 companies worldwide. Jack McDonald, chairman and CEO of Upland Software commented:…