Menu
Unit4 plots growth plans with cloud ERP and mobile apps

Unit4 plots growth plans with cloud ERP and mobile apps

The company will emphasize development around its Agresso cloud ERP software

Unit4 is betting investments in cloud computing and mobility can raise its profile in the crowded ERP software market, following its recent move to go private.

The company will also focus on becoming a top ERP (enterprise resource planning) vendor for services industries and plans to continue investing in FinancialForce.com, its joint venture with Salesforce.com, according to a statement Thursday.

The company also announced a number of executive appointments. Former SAP executive Stephan Sieber has been named executive vice president of strategy and operations. The company appointed Ivo Totev to the position of chief marketing officer and Paul Vogel to executive vice president of global sales.

Few specific details of Unit4's future product development plans were released Thursday. However, customers can expect a significant road map announcement in early 2015, Sieber said in an interview.

Unit4 is planning to reallocate research and development spending to focus on its Agresso ERP application, which is available on Unit4's own cloud infrastructure as well as Amazon Web Services. "Agresso is the future of the company," he said.

The Dutch company is not ready to phase out any of its other products just yet, but there will be migration paths to Agresso, he added. "We want to make sure customers are treated well."

Unit4 recently went private when Advent International bought it out in a US$1.6 billion deal.

The bulk of Unit4's revenue is from Europe. While it intends to grow sales there, Unit4 is also intent on increasing business in the U.S.

One way to get a bigger global footprint quickly would be a major ERP acquisition, such as of Epicor, which went private in 2011.

Epicor's owner, Apax Partners, recently put it up for sale and is reportedly hoping to get as much as $3.5 billion.

Sieber declined to comment on specific acquisition scenarios but said Unit4 will consider ones that make sense. "We believe that we should not acquire anything that changes our strategy," he said.

Unit4's plans to focus on services industries isn't surprising, according to independent enterprise software analyst China Martens. "It has already focused on this market and it remains a market where many companies have grown fast from startups to SMBs and beyond and are looking to take on either their first formal ERP or a more flexible ERP software," she said via email.

But the challenge for Unit4 is the fact that many other ERP vendors are also trying to target services companies, she added.

Chris Kanaracus covers enterprise software and general technology breaking news for The IDG News Service. Chris' email address is Chris_Kanaracus@idg.com


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags cloud computingenterprise resource planningmobileinternetsoftwaremobile applicationsapplicationsunit4

Events

Featured

Slideshows

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

This year’s Reseller News 30 Under 30 Tech Awards were held as an integral part of the first entirely virtual Emerging Leaders​ forum, an annual event dedicated to identifying, educating and showcasing the New Zealand technology market’s rising stars. The 30 Under 30 Tech Awards 2020 recognised the outstanding achievements and business excellence of 30 talented individuals​, across both young leaders and those just starting out. In this slideshow, Reseller News honours this year's winners and captures their thoughts about how their ideas of leadership have changed over time.​

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners
Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

This exclusive Reseller News Exchange event in Auckland explored the challenges facing the partner community on the cloud security frontier, as well as market trends, customer priorities and how the channel can capitalise on the opportunities available. In association with Arrow, Bitdefender, Exclusive Networks, Fortinet and Palo Alto Networks. Photos by Gino Demeer.

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security
Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomed 2019 inductees - Leanne Buer, Ross Jenkins and Terry Dunn - to the fourth running of the Reseller News Hall of Fame lunch, held at the French Cafe in Auckland. The inductees discussed the changing face of the IT channel ecosystem in New Zealand and what it means to be a Reseller News Hall of Fame inductee. Photos by Gino Demeer.

Reseller News welcomes industry figures at 2020 Hall of Fame lunch
Show Comments