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News

Covering all the latest news from the ERP Sector

309 Articles Published

image of Bill McDermott / CEO of ServiceNow

ServiceNow Q2 results surpass expectations

ServiceNow has exceeded expectations with its latest set of financial results, reporting Q2 revenue of $1.41bn, up 27 percent from the same period last year. Wall Street had anticipated second quarter revenue of $1.36bn.

Strong cloud demand for SAP in Q2

SAP reported a 11% year-on-year growth in cloud revenue for Q2 2020, despite a 1% decline in total revenue to €6.7bn and a 23% drop in operating profit, while increasing its S/4HANA customer base to over 17,000 and raising its 2021 outlook for cloud revenue growth to 15-18%.

IFS growth trajectory continues

IFS reported a remarkable 79% increase in cloud revenue for the first half of 2021, with overall software revenue growing by 20% to SEK 2.6bn, driven by key acquisitions and the launch of IFS Cloud, highlighting the company's successful strategy and focus on technology advancements.

Cloud bookings up for Unit4

Unit4 reported a 59% year-on-year increase in cloud bookings for Q2 2021, with a 25% growth in cloud subscription revenue, despite a slowdown from Q1, and announced record new customer signings and successful go-lives, reflecting strong demand for its ERP solutions.

Cognizant acquires data specialist TQS Integration

Cognizant has acquired TQS Integration, a global industrial data and intelligence firm based in Ireland, to enhance its smart manufacturing capabilities and drive digital transformation across various industries.

SAP to invest €250m in the UK

SAP plans to invest €250m in the UK over the next five years, launching a secure UK-based data cloud, opening new offices in London and Manchester, expanding its internship and apprenticeship programs, and enhancing support for social enterprises.

IFS acquires Customerville

IFS has acquired customer experience platform Customerville to enhance customer engagement and innovation, leveraging design-driven feedback technology to improve response rates and integrate customer insights into early product development.

Zoom to buy Five9 in $15bn transaction

Zoom has announced its acquisition of Five9 Inc. for $14.7 billion in stock, aiming to enhance its enterprise customer engagement and expand into the $24 billion contact center market.

Cheshire Constabulary chooses Unit4

Cheshire Constabulary has chosen Unit4’s ERP, FP&A, and HCM solutions to enhance its information infrastructure and improve operational efficiency, allowing for better service delivery and support for frontline policing.

Infor continues to grow global footprint

OMB Valves has selected Infor CloudSuite Industrial Enterprise to digitize its business processes and unify management across its international facilities, addressing the limitations of its previous ERP system.

ServiceNow announces multimillion-euro investment in EU services

ServiceNow has introduced new service delivery features to ensure that customers can have their EU-hosted data managed exclusively within the EU, enhancing compliance with legal regulations and providing dedicated support from EU-based teams, alongside a multimillion-euro investment to expand operations.

Deutsche Bank partners with Oracle to accelerate tech modernisation

Deutsche Bank has partnered with Oracle to modernize its database technology, migrating to Oracle Exadata Cloud to enhance digital transformation, consolidate critical applications, and reduce operational costs while also exploring innovations in data security, blockchain, AI, and analytics.

Unit4 splits student information system business

Unit4 has launched Thesis, a dedicated student information system business, to drive innovation in higher education following its $2bn buyout by TA Associates, while continuing to be owned by Advent International.

Sage sets out ambitious sustainability targets

Sage has committed to achieving net zero emissions by 2040 and halving its carbon emissions by 2030, while also addressing societal and economic inequality through its new sustainability and society strategy.

image of the Oracle office/ Oracle debuts Compute Cloud@Customer

Oracle expands renewable energy pledges

Oracle has committed to powering its global operations and cloud with 100% renewable energy by 2025, along with goals for clean cloud services, hardware recycling, waste reduction, and responsible sourcing.

European malting company aims to harvest business data with Infor

Infor has successfully implemented its CloudSuite food & beverage ERP system for Polttimo across five European countries, enhancing operational transparency and efficiency while replacing multiple legacy systems.

West Midlands Fire Service chooses Oracle Cloud

The UK’s second largest fire and rescue service, West Midlands Fire Service, has appointed Oracle partner Namos Solutions to lead a digital transformation project which will see its finance and HR operations move to Oracle Cloud.

Oracle Q4 beats estimates

Oracle has reported its fiscal 2021 Q4 results, revealing total quarterly revenue growth of 8 percent year-on-year to $11.2bn.

HPE acquires Determined AI to accelerate machine learning training

Hewlett Packard Enterprise (HPE) has announced the acquisition of Determined AI, a San Francisco-based start-up developing an open-source platform for building machine learning models.

Unit4 provides people-centric solution for Basingstoke and Deane Borough Council

Unit4 has announced that Basingstoke and Deane Borough Council (the council) has selected Unit4 ERPx and Talent Management solutions to deliver a flexible, next generation finance, HR and payroll system

image of Julie Sweet, chair and CEO of Accenture in blue shirt | Accenture Q1 24

Accenture to acquire umlaut

Accenture has announced plans to acquire umlaut, an engineering consulting and services firm headquartered in Aachen, Germany, for an undisclosed sum.

Oracle expands range of ‘always free’ cloud resources for developers

Oracle has announced the addition of 13 more ‘always free’ services for developers via Oracle Cloud Free Tier, enabling them to try out its Oracle Cloud Infrastructure platform.

Namos Solutions opens Dublin office

Namos Solutions has announced its continued growth in Europe with the addition of an office in Dublin.

Richard Cowlishaw, Chief People Officer at Clipper Logistics

Advanced takes Clipper Logistics to the cloud

Clipper Logistics has become the latest organisation to journey to the cloud with Advanced, having invested in both its cloud HR solution and its Mitrefinch Time & Attendance (T&A) technology.

Growth in Q1 revenue for QAD

QAD, a provider of manufacturing and supply chain solutions in the cloud, has reported its first quarter fiscal 2022 results, showing a growth in total revenue to $83m.

Salesforce Q1 results best in company’s history

Salesforce shares rose by 5 percent in extended trading following its first quarter fiscal 2022 results announcement, which saw the company raise its FY22 revenue guidance by $250m to $26bn.

Fugro selects IFS to harmonise project-oriented processes

Geodata specialist, Fugro, will implement a cloud-based ERP solution from IFS as part of a company-wide initiative to bring staff together in one collaborative way of working on a centralised technological framework, and to help unify the people, processes and business data across its global operations.

UiPath launches first automation school in Ireland

UiPath has announced the launch of the first automation school in Ireland to educate the next generation of the country’s workforce on automation.

IBM to acquire Salesforce partner Waeg

IBM has announced plans to acquire Waeg, a consulting partner for Salesforce, in a deal that will extend its range of services and advance its hybrid cloud and AI strategy.

Tech firm HCL expands investment in the UK

Leading global technology company, HCL Technologies (HCL) has announced the expansion of investment in the UK with the recruitment of 1000 technology professionals to support its clients in the UK and around the world.