The ERP Minute Episode 90 - June 6, 2023

Microsoft announced results for the quarter ended December 31, 2022, as compared to the corresponding period of last fiscal year. Microsoft Cloud revenue was $27.1 billion, up 22% year-over-year, with Dynamics products and cloud services revenue increasing 13% with Dynamics 365 revenue growth of 21%. SAP announced its financial results for the fourth quarter and fiscal year ended December 31, 2022. Cloud revenue was up 33% for 2022, with Q4 SAP S/4HANA cloud revenue further accelerating, up 1...

2 Helmi 20232min

Epicor discussed key developments in its Middle East growth strategy at the company’s 2023 Middle East ReConnect Customer Day, including plans to launch a new regional data center driven by surging customer cloud adoption. To meet the increased demand for cloud solutions amongst Epicor customers in the Middle East, the new UAE data center is slated to be online in Spring 2023. Unit4 announced the launch of Unit4’s Marketplace, a new platform where its ISV, Reseller, and Service partners can s...

25 Tammi 20232min

Salesforce unveiled new innovations in commerce and retail, delivering new features to their Commerce Cloud and Salesforce for Retail Media. Oracle extended its comprehensive retail cloud platform to include the Oracle Retail Payments Cloud Service. This will allow retailers to now accept Apple, Google, and Samsung Pay, without the hidden fees and unpredictable costs that erode the bottom line. This service also runs on Oracle Cloud Infrastructure (OCI), ensuring it has high-security standard...

18 Tammi 20233min

Microsoft announced the acquisition of Fungible Inc., a provider of composable infrastructure aimed at accelerating networking and storage performance in data centers with high-efficiency, low-power data processing units. OneStream announced that its Annual Recurring Revenue grew 50% year-over-year, surpassing $300 million in the fourth quarter, ending December 31, 2022. The company grew its customer base by more than 25% year-over-year, now totaling over 1,100 customers globally. OneStream’s...

11 Tammi 20233min

As we say goodbye to the ERP advancements of 2022, analysts and vendors alike are predicting a strong outlook for 2023. In this special episode of The ERP Advisor, you can hear from our top ERP Consultant, Founder and Managing Principal, Shawn Windle, and The ERP Minute Anchorwoman, Rebekah McCabe, for vital examinations of industry trends from 2022 and invaluable insights into the next wave of forward-thinking technology being developed by ERP vendors heading into 2023. If you are involved i...

11 Tammi 20231h 8min

Oracle announced the opening of an Oracle Cloud Region in Chicago, Illinois. Continuing their extensive cloud expansion, Oracle’s 41st global region and fourth in the U.S. offers customers and partners a new option to locate their infrastructure, applications, and data for optimal performance and latency. Aneel Bhusri, Co-CEO, Co-Founder, and Chair of Workday is to remain Co-CEO through January 2024 with the newly appointed Co-CEO Carl Eschenbach, replacing Chano Fernandez. In 2024, Eschenbac...

5 Tammi 20233min

Oracle announced its fiscal 2023 Q2 results. Total revenues were up 18% year-over-year to $12.3 billion, with cloud services and license support revenues up 14% to $8.6 billion. Fusion Cloud ERP revenue was $0.6 billion, up 23% and NetSuite Cloud ERP revenue was also $0.6 billion, up 25%. FinancialForce announced the general availability of its Winter 2023 Release. The new release strengthens FinancialForce’s Services-as-a-Business (SaaB) approach, bringing together key capabilities for runni...

21 Joulu 20223min

The ever-changing ERP landscape guarantees that new obstacles will develop from year to year, increasing the already difficult jobs of CEOs, CFOs, and other executive leaders. Having an experienced ERP Consultant in your corner will make or break an ERP implementation. Our expert ERP Consultants will take inventory of the lessons learned throughout 2022 to prepare businesses looking to tackle and conquer an ERP implementation in 2023. This professional advice could, and most likely will, save...

19 Joulu 202229min