SaaS BI Vendor LucidEra Set to Fold
It was announced recently that LucidEra, the on-demand business intelligence (BI) vendor is shutting down and has already put its intellectual property up for sale. "LucidEra was probably too expensive for small companies and too limited for large ones. ... I am sure we will see the era of success of on-demand analytics." Good Data CEO Roman Stanek said in a blog post.
Woodforest Financial Group Chooses Transoft International's SaaS Cash Management Solution
Transoft International has announced that Woodforest Financial Group has selected Transoft's OptimizeCF currency management software for ATM and Branch cash management. "We have chosen Transoft's OptimizeCF solution based on its proven foundation of cash optimization techniques, wide range of features, and the company's overall concentrated focus on cash management tools. We are aggressively implementing the solution and expect to see immediate and positive results," states James Dreibelbis, Chief Executive Officer at Woodforest Bank.
Corefino's New SaaS Accounting Solution Set to Revolutionize ERP: Analysts
Corefino has announced that its combined offering of SaaS business process outsourcing (BPO) and custom-built technology portal has been accepted as an alternative to traditional on-premise ERP solution. “If firms are looking to: minimize the high-costs of on-premise ERP software; eliminate the difficulties in attracting and retaining top-notch finance and accounting talent and, find better processes and systems, then they may want to evaluate a firm like Corefino,” said Brian Sommer of Vital Analysis.
Dorado Named a “Hot Banking Tech Company to Watch in 2009” by Leading Independent Research Firm
Dorado Corp. has announced that it has been named in Forrester Research’s June 2009 Hot Banking Tech Companies to Watch in 2009: Q2 Update report. “Several of the top financial institutions in the world entrust Dorado with their mission-critical lending systems, and we are pleased to be recognized by Forrester as a technology provider that addresses today’s challenging banking industry needs. Our goal in the coming year is to continue to enhance our Enterprise Lending System for our customers, and to expand the breadth and distribution of our SaaS solutions in the way of new partnerships and other product initiatives. ” said Dain Ehring, chief executive officer at Dorado.
RollStream’s B2B Collaboration Software Delivers Real ROI
RollStream has announced the addition of Sainsbury’s, the UK’s longest standing major food retailing chain with 502 supermarkets and 290 convenience stores, to its growing customer community. The former delivers an online communication and collaboration platform for creating powerful social supply chains. “Over the past year, RollStream customers reduced the time to get new products on the shelf, increased data accuracy and productivity in customer relations, and in one case, doubled revenues while reducing administrative expenses by over 33 percent in supplier management operations.” said Kristin Muhlner, CEO of RollStream.
OpSource Improves Global Business Management and Streamlines Revenue Recognition With Intacct
Intacct has announced that OpSource is using the former’s Intacct Financial Management Solution for improvement of global business management and streamlining and automation of revenue recognition for boosting business performance. "Intacct provides all the functionality a growing company like OpSource needs to efficiently manage our global financials. Our close and consolidation process across our four entities now takes only days versus weeks," said Keith Adams, chief financial officer at OpSource. "In addition, Intacct's advanced contract management functionality allows us to more easily and accurately recognize and forecast revenues."
E2open has announced E2open 7.0, empowering companies with a single platform for collaboration, visibility and business process control across both the demand and supply sides of the enterprise. "Modern day manufacturing requires consistent real-time data in order to enhance network visibility, connect networks to internal processes, reduce risk and balance supply and demand 'on the fly,'" said Mark Woodward, President and CEO, E2open. "With E2open 7.0 we are delivering just that. This is the first and only solution that offers multi-enterprise manufacturers the ability to shape demand and supply simultaneously and truly thrive in the 21st century global marketplace."
Savvion recently announced that Nissho Electronics Corporation has released a new version of ACC Professional Suite, a BPM-based debt management application, that usesnext-generation business process management technology provided by Savvion. 'With Savvion's Business Process Management Suite, ACC Professional Suite now better supports quick change management, enabling users to swiftly respond to any shift in their business environment, such as changes in law or regulations,' said Dr. M.A. Ketabchi, President, CEO and Founder of Savvion.
Rosetta Stone Launches Ratings & Reviews from Bazaarvoice
Bazaarvoice has announced that Rosetta Stone Inc., a leading provider of technology-based language-learning solutions, has launched the Bazaarvoice social commerce platform with Ratings & Reviews. “Rosetta Stone attracts a passionate community of learners who are heavily invested in their language learning success,” said Tom Adams, CEO of Rosetta Stone. “The positive response to Bazaarvoice Ratings & Reviews has been outstanding and we are eager to further listen, learn, and communicate with our customers and help them in their language learning journey.”
SpringSource Hyperic HQ Now Available on the RightScale Cloud Computing Management Platform
RightScale Inc. announced that SpringSource Hyperic HQ, the company's award-winning application and infrastructure management software, will now be available through the RightScale Cloud Management Platform. "Hyperic adds to the growing list of technologies now available through the RightScale Platform to help our customers get the breadth of functionality and performance in the cloud that is similar to that in their own data centers." said Josh Fraser, vice president of Business Development at RightScale.
LiveOffice Launches First Email Archiving Plugin to Spiceworks Community
LiveOffice has announced the availability of its LiveOffice Mail
Archive plugin for Spiceworks’s community of more than 700,000
information technology (IT) professionals. The plugin will be available
through Spiceworks for free for the first five users. “It’s a great way
to help them tap into the power of archiving, storage and continuity
services in the cloud — all from within their daily workflow in
Spiceworks." said Scott Abel, co-founder and CEO of Spiceworks.
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