The ERP Minute Episode 92 - June 20, 2023

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 Jan 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 Dec 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 Dec 202229min

Deloitte announced the formation of Olympus with Amazon Web Services (AWS), a global investment fund focused on building industry cloud solutions. IBM entered into an agreement to acquire Octo, a US-based IT modernization and digital transformation services provider, exclusively serving the US federal government. EY acquired ifb SE, international finance, risk transformation, and compliance consultancy, to strengthen capabilities and enhance offerings. The London Stock Exchange Group (LSEG) a...

14 Dec 20223min

Shawn Windle explains how information flows through an organization's software — and why ERP, or Enterprise Resource Planning, is more than the software itself, demonstrating the vitality of understanding this conceptual framework. Connect with us! https://www.erpadvisorsgroup.com 866-499-8550 LinkedIn: https://www.linkedin.com/company/erp-advisors-group Twitter: https://twitter.com/erpadvisorsgrp Facebook: https://www.facebook.com/erpadvisors Instagram: https://www.instagram.com/erpadv...

14 Dec 202210min

Last week, a number of vendors announced financial results for the fiscal third quarter of 2023 and end-of-year results for 2022. Workday announced results for the fiscal 2023 third quarter, which ended October 31, 2022. Salesforce released results for its third quarter fiscal 2023, ending October 31, 2022. Intuit Inc., the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced financial results for the first quarter of fiscal 2023, which ...

6 Dec 20224min

Last week, reliable sources confirmed that IFS acquired P2 Energy Solutions, a software and data solutions provider for upstream oil and gas, including financial & accounting management software, geospatial data, land asset management tools, and well lifecycle management solutions. Blackbaud will ring the closing bell at Nasdaq to celebrate the 10th anniversary of GivingTuesday, the global movement focused on spreading generosity on the Tuesday following Black Friday and Cyber Monday. We ...

30 Nov 20222min

Sage announced its full-year 2022 financial results, which ended September 30, 2022. Organic recurring revenue growth was 9%, underpinned by Sage Business Cloud’s growth of 24%. The organic operating margin also increased to 19.9%, with an underlying basic EPS growth of 8%. Microsoft and Lockheed Martin announced the expansion of their strategic relationship to help power the next generation of technology for the Department of Defense (DOD). This agreement will span across four critical areas...

23 Nov 20223min