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
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
With 15% of enterprises adopting a hybrid IT strategy, you need to set a plan to integrate hybrid cloud throughout your infrastructure. In his session at 18th Cloud Expo, Steven Dreher, Director of Solutions Architecture at Green House Data, discussed how to plan for shifting resource requirements, overcome challenges, and implement hybrid IT alongside your existing data center assets. Highlights included anticipating workload, cost and resource calculations, integrating services on both sides...
"We are a well-established player in the application life cycle management market and we also have a very strong version control product," stated Flint Brenton, CEO of CollabNet,, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The IoT has the potential to create a renaissance of manufacturing in the US and elsewhere. In his session at 18th Cloud Expo, Florent Solt, CTO and chief architect of Netvibes, discussed how the expected exponential increase in the amount of data that will be processed, transported, stored, and accessed means there will be a huge demand for smart technologies to deliver it. Florent Solt is the CTO and chief architect of Netvibes. Prior to joining Netvibes in 2007, he co-founded Rift Technologi...
Unless your company can spend a lot of money on new technology, re-engineering your environment and hiring a comprehensive cybersecurity team, you will most likely move to the cloud or seek external service partnerships. In his session at 18th Cloud Expo, Darren Guccione, CEO of Keeper Security, revealed what you need to know when it comes to encryption in the cloud.
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
What are the successful IoT innovations from emerging markets? What are the unique challenges and opportunities from these markets? How did the constraints in connectivity among others lead to groundbreaking insights? In her session at @ThingsExpo, Carmen Feliciano, a Principal at AMDG, will answer all these questions and share how you can apply IoT best practices and frameworks from the emerging markets to your own business.
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Ask someone to architect an Internet of Things (IoT) solution and you are guaranteed to see a reference to the cloud. This would lead you to believe that IoT requires the cloud to exist. However, there are many IoT use cases where the cloud is not feasible or desirable. In his session at @ThingsExpo, Dave McCarthy, Director of Products at Bsquare Corporation, will discuss the strategies that exist to extend intelligence directly to IoT devices and sensors, freeing them from the constraints of ...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
The best-practices for building IoT applications with Go Code that attendees can use to build their own IoT applications. In his session at @ThingsExpo, Indraneel Mitra, Senior Solutions Architect & Technology Evangelist at Cognizant, provided valuable information and resources for both novice and experienced developers on how to get started with IoT and Golang in a day. He also provided information on how to use Intel Arduino Kit, Go Robotics API and AWS IoT stack to build an application tha...
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, discussed the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filterin...
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
Early adopters of IoT viewed it mainly as a different term for machine-to-machine connectivity or M2M. This is understandable since a prerequisite for any IoT solution is the ability to collect and aggregate device data, which is most often presented in a dashboard. The problem is that viewing data in a dashboard requires a human to interpret the results and take manual action, which doesn’t scale to the needs of IoT.
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, provided tips on how to be successful in large scale machine learning...
What does it look like when you have access to cloud infrastructure and platform under the same roof? Let’s talk about the different layers of Technology as a Service: who cares, what runs where, and how does it all fit together. In his session at 18th Cloud Expo, Phil Jackson, Lead Technology Evangelist at SoftLayer, an IBM company, spoke about the picture being painted by IBM Cloud and how the tools being crafted can help fill the gaps in your IT infrastructure.
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
"C2M is our digital transformation and IoT platform. We've had C2M on the market for almost three years now and it has a comprehensive set of functionalities that it brings to the market," explained Mahesh Ramu, Vice President, IoT Strategy and Operations at Plasma, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.