Welcome!

Weblogic Authors: Elizabeth White, Michael Meiner, Michael Bushong, Avi Rosenthal

News Feed Item

UNIT4 SaaS and Subscription Revenue Now a $65M+ Business

Customer demand and sales growing rapidly worldwide

VICTORIA, BRITISH COLUMBIA and MANCHESTER, NEW HAMPSHIRE -- (Marketwire) -- 11/28/12 -- UNIT4 (EURONEXT AMSTERDAM:UNIT4), the global business software provider for fast-changing organizations, has reaffirmed its strong commitment to cloud and Software as a Service (SaaS) solutions and announced that its SaaS and subscription revenue has now passed the $65M annual run rate barrier and is growing rapidly. UNIT4 reached this important milestone at the beginning of Q4 2012.

UNIT4 delivers solutions optimized for what it calls "Businesses Living IN Change (BLINC)." Public sector and commercial services organizations in this segment experience business change more often than others and value UNIT4's solutions for their capability to embrace change in the most simple, quick and cost effective way.

Over the past 12 months UNIT4 has continued to increase investment in both its SaaS solutions portfolio and cloud infrastructures. UNIT4 is encouraged to see that the strong revenues generated from these offerings underpin its strategy to offer customers a "no compromise" choice when it comes to how their solutions are deployed and managed.

UNIT4's CEO Chris Ouwinga said, "Our strategy to transition rapidly to being a cloud-focused company is also paying off, driven by growing customer demand for SaaS solutions. As the world's leading supplier of software to fast-changing organizations, we had to embrace change ourselves and respond to this exciting opportunity. Despite the high growth in SaaS and subscription business, our on-premise (license-based) revenues have not declined, showing that we are gaining market share and beating our competition."

As proof that UNIT4's strategy is right, the company is seeing strong levels of activity and sales success in North America, U.K., Benelux, Scandinavia and Asia Pacific in particular. In Germany, the company re-established itself as a major player in the market through a number of recent sales, partnerships and acquisitions.

Recent large SaaS wins include:


--  International hotel chain - taking Coda Financials as a SaaS solution 
--  Major Nordic retailer Reitan - Agresso beating other high-end ERP
    players in a cloud-based deal 
--  Large Benelux-based wholesale building materials supplier - Agresso
    cloud deal beating Microsoft Dynamics 
--  University in Sweden - taking Agresso via public cloud 
--  Large U.K. county council - Agresso HR & payroll as SaaS 
--  Education services firm in Netherlands - HR, payroll and finance, SaaS
    delivery 
--  U.S.-based computer manufacturer - FinancialForce billing 
--  North American civil aircraft manufacturer - FinancialForce accounting 
--  Large U.K. utility company - Business Collaborator, SaaS delivery 
--  French software company - FinancialForce PSA 
--  Major U.K.-based global services company - FinancialForce PSA 
--  Nine U.K. further education colleges - moving to a cloud-based shared
    service based on Agresso 

Other major deals recently signed include:


--  Two large U.K. councils - Agresso, beating SAP 
--  State of Saxony in Germany - Agresso, replacing and beating SAP in a
    significant deal which will see further downstream business as other
    operations in the State move to UNIT4 
--  Global financial services company - Global roll-out of Coda Financials,
    replacing Oracle 
--  Major U.K. city council - Agresso, beating and replacing Oracle 

UNIT4's strategy has encouraged several hundred medium and large organizations to install its multi-tenant cloud solutions and also a growing number of hybrid, virtualized cloud computing models. Customers adopting this approach benefit from substantial cost savings and can satisfy their cloud computing requirements without the underlying data security, data residence and change control concerns that many ERP buyers still feel regarding many cloud computing models.

Ton Dobbe, Vice President of Product Marketing at UNIT4, explained, "Most of today's solutions, whether delivered on-premise or in the cloud, do not support the many organizations that experience ongoing pressures from business change such as reorganizations, mergers, acquisitions and compliance and regulation issues. Many software companies have glossed over the fact that after implementation, it is the underlying architecture of an application that dictates whether or not it can support a quick and effective response to business change; getting this wrong ends up in long delays, very high cost and significant business disruption.

"Many in the industry seem to believe that cloud technology itself solves all the change problems that companies have. At UNIT4 we know that this is simply not the case. Cloud solves just the technical change challenge, enabling technical scalability and removing the painful updates and upgrade process. To solve the business change challenge, the underlying solution architecture is crucial. What we deliver is at least as important as how we deliver it," Dobbe concluded.

About UNIT4 Business Software

UNIT4 Business Software is the North American subsidiary of UNIT4, a $550 million global cloud- focused business software and services company. It offers solutions that help Businesses Living IN Change (BLINC)(TM) in public, private, non-profit and higher education organizations embrace business change simply, quickly and cost-effectively. Agresso Business World, the company's flagship Enterprise Resource Planning (ERP) suite and Coda Financials, its best-of-class financial management software, are used by 6000+ organizations in more than 100 countries. For more information visit: www.unit4.com/na or follow the company on Twitter and LinkedIn.

Note: 1 EUR = USD $1.29664

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
As ridesharing competitors and enhanced services increase, notable changes are occurring in the transportation model. Despite the cost-effective means and flexibility of ridesharing, both drivers and users will need to be aware of the connected environment and how it will impact the ridesharing experience. In his session at @ThingsExpo, Timothy Evavold, Executive Director Automotive at Covisint, will discuss key challenges and solutions to powering a ride sharing and/or multimodal model in the a...
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
IoT is fundamentally transforming the auto industry, turning the vehicle into a hub for connected services, including safety, infotainment and usage-based insurance. Auto manufacturers – and businesses across all verticals – have built an entire ecosystem around the Connected Car, creating new customer touch points and revenue streams. In his session at @ThingsExpo, Macario Namie, Head of IoT Strategy at Cisco Jasper, will share real-world examples of how IoT transforms the car from a static p...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
From wearable activity trackers to fantasy e-sports, data and technology are transforming the way athletes train for the game and fans engage with their teams. In his session at @ThingsExpo, will present key data findings from leading sports organizations San Francisco 49ers, Orlando Magic NBA team. By utilizing data analytics these sports orgs have recognized new revenue streams, doubled its fan base and streamlined costs at its stadiums. John Paul is the CEO and Founder of VenueNext. Prior ...
One of biggest questions about Big Data is “How do we harness all that information for business use quickly and effectively?” Geographic Information Systems (GIS) or spatial technology is about more than making maps, but adding critical context and meaning to data of all types, coming from all different channels – even sensors. In his session at @ThingsExpo, William (Bill) Meehan, director of utility solutions for Esri, will take a closer look at the current state of spatial technology and ar...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, will discuss the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports. The session will include a working demo and a technical d...
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the protocols that communicate data and the emerging data analy...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform moder...
What are the new priorities for the connected business? First: businesses need to think differently about the types of connections they will need to make – these span well beyond the traditional app to app into more modern forms of integration including SaaS integrations, mobile integrations, APIs, device integration and Big Data integration. It’s important these are unified together vs. doing them all piecemeal. Second, these types of connections need to be simple to design, adapt and configure...
Digital innovation is the next big wave of business transformation based on digital technologies of which IoT and Big Data are key components, For example: Business boundary innovation is a challenge to excavate third-party business value using IoT and BigData, like Nest Business structure innovation may propose re-building business structure from scratch, as Uber does in the taxicab industry The social model innovation is also a big challenge to the new social architecture with the design fr...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2016 Silicon Valley. The 19th Cloud Expo and 6th @ThingsExpo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Interne...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...