Sage weathers COVID storm with solid results
Sage published a solid set of full-year 2020 results. Steve Hare, CEO Sage commented: “We’ve delivered a strong performance in FY20, achieving recurring revenue growth in line with the guidance we...
News from week beginning 16th November
News from week beginning 16th November includes acquisitions by @Visma of #Ditmer, , @Aptean of @OSAS_erp and @Oracle of @Nor1.
Ink Aviation and Tento Health launch platform to get people flying
Ink Aviation and Tento Health have launched the Ink Digital Health Platform. It is targeted at airlines and airport operators to get people flying again. The Ink DHP will take advantage...
Sage pledges £1.4 million to North East economy
Headquartered in Newcastle, Sage has a long history of investing in the area. It has now announced a new initiative to help small businesses in its home region, the North East....
Managers under pressure over employee mental health and productivity concerns
Managers are under increasing pressure to deal with growing mental health and productivity concerns among employees, claims Ricoh, UK. That stark warning comes from a survey of 1,300 office employees and...
Workday beats revenue forecast again
Workday yet again beat its revenue forecast with its Q3 fiscal 2021 revenues up 17.9% to $1.11 Billion. It also increased its subscription revenue outlook from $3.73-3.74 billion to $3.77-3.78 billion....
ECI Software changes hands
After a flurry of acquisitions, ECI Software is itself to change ownership. Leonard Green & Partners is to acquire the company from funds advised by Apax Partners and The Carlyle Group....
Forter fortifies itself with more funding
Forter has raised $125 million in a Series E funding round led by Bessemer Venture Partners Felix Capital and Itai Tsiddon. There was also participation from investors NewView Capital and Commerce...
Was COVID the alarm clock organisations needed?
Research carried out by DJS Research and sponsored by Unit4 has revealed a striking change in attitudes about transformational readiness and progress. The survey is entitled: Digital Enterprise Strategies for People-Led...
Unit4 to open R&D centre in India as cloud revenue grows again
Unit4 released results relating to its Q3 2020 which ended on September 30th 2020. It slightly increased cloud subscription revenue in its latest quarter to 16%, compared to the last quarter...