Xero has announced that it has reached one million subscribers. In the last two years it has doubled its subscriber numbers, adding 300,000 in the last year alone. That growth has been helped by the rapid acceleration of numbers in the UK, as its market presence there matures. The bulk of its subscribers are in…
Epicor has announced that Lisa Pope has joined Epicor as Executive Vice President of Sales for the Americas. The appointment comes at a time that Epicor are looking to focus their efforts on their cloud based ERP solution. This has been in existence for some time but only recently at the forefront of their marketing. Pope,…
Xero recently carried out research among 517 small businesses in South Africa and revealed the impact of late payments on them. The research was carried out by Frontline Market Research, but similar results are seen in most other countries one suspects. Almost 50% of UK SME’s are paid late according to Bacs Payment Schemes Limited. The…
Telstra Ventures has announced an investment in Boomtown. Boomtown is a US based company that provides a solution for delivering software and technical services support to SME’s. According to Crunchbase Boomtown received $2.3 million in investment as recently as June 2016. This latest investment should see the company expand into Australia as Telstra are trialling…
The cloud accounting company Xero has announced substantial growth in the first half of their current year. Revenues are up 48% (55% in constant currency to NZ$137.2). Subscribers have also increased in every major region. They added 269,000 subscribers in the previous 12 months, an increase from the 12 months to March 2016 when they added…
Ultimate software has announced that it received EU-US privacy shield certification from US Department of Commerce. They were also awarded TRUSTe privacy certification which in some ways is a better gauge of their commitment to compliance. Gaining Privacy Shield. As a cloud based HCM vendor likely to store information on individuals from the EU within its…
Equinix has announced that it has directly connected data centres in Australia and the US using the Southern Cross Cable Network. The data centres connected are Equinix’s International Business Exchange (IBX®) data centers in Los Angeles (LA1) and Silicon Valley (SV1 and SV8) to its existing data centre in Sydney (SY1). The connection is 100G end to end and…