NetSuite ended the year on December 31 with most important metrics changed in double digits. That includes its GAAP and non-GAAP losses, revenue, expenses and the average size of the company's SuiteCommerce deals. "We saw the average selling price actually double," CEO Zach Nelson said during this week's earnings webcast. The company also saw a record number of OneWorld deals.
NetSuite has signed m-Hance, a reseller based in the United Kingdom, to the NetSuite Solution Provider Partner Program. m-Hance is a Microsoft VAR that handles Dynamics GP and CRM and which will market NetSuite through its newly created HighCloud Solutions division. San Mateo, Calif.-based NetSuite also named five resellers on the European continent. But m-Hance is the most high-profile win.
Unit4 has named Christophe Haugen as EVP Strategy and Operations. The Utrecht, Netherlands-based financial software company says Haugen is "responsible for driving strategy, corporate development and continuous business improvement across the global business." He was with Bain & Company from September 2007 until taking the job with Unit4. Since July 2012, he was a senior principal in Bain's European Private Equity and technology practices.
SAP recently announced partner awards in about every country and product category you could think of. But one was missing in some key geographies. While there were awards for the Business ByDesign channel members in EMEA and Europe and the Middle East, there were none in North America. The product was also missing from awards in Asia Pacific Japan; China and Latin America. But we're primarily concerned with North America here.
Business in Europe was a major factor in a 6.6-percent increase in organic revenue for Sage's first quarter ended December 31. The company said this week that a 10.4-percent rise in organic recurring revenue was driven by a 35.7-percent hike in subscription income. The first quarter "does represent good progress," CFO Steve Hare said during a webcast of the trading update. In trading updates for the first and third quarters, European companies do not release actual revenue and earnings.