Shirley Singleton, CEO of Edgewater Technology, said the company had "phenomenal" sales in December. "They were all cloud deals," she said during this week's 2016 earnings webcast. Financial results for the year ended December 31 were not quite phenomenal but were improved.
Sophia Leguillette, who was VP of marketing when she left Sage in January 2016, has landed a top job with an SAP operation. Leguillette has become head of global marketing at SAP SuccessFactors. Her LinkedIn page shows she assumed her new duties last month.
The $2-billion investment by Koch Equity Development into Infor was a bonanza for six top executives, who received one-time bonuses. The awards were made when the deal closed this month. Charles Phillips, CEO of the giant software company was given $32.7 million to lead the pack.
The switch from license sales to subscriptions helped push revenue for the Prodware Group down by 3.2 percent for the year ended December 31. Revenue totaled about $186.1 million in 2016, which was down .8 percent on a comparable basis. The company said SaaS sales rose to about $19.6 million, up 46.6 percent over 2015.
A Michelin star was accidentally awarded to a burger joint, "Le Bouche a Oreille" in Bourges, France. Diners who were attracted by the designation were somewhat suspicious of some dishes in the style “a la shingle”. … I have gotten to the point I don’t believe a word the media or politicians say and I have serious doubts about most of the things I say.