Click here to close now.


Recurring Revenue Authors: JP Morgenthal, Tim Hinds, Ian Khan, Maria C. Horton, Pat Romanski

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
--  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: 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
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound effect on the world, and what should we expect to see over the next couple of years.
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Day 2 Keynote at 17th Cloud Expo, Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, wil...
PubNub has announced the release of BLOCKS, a set of customizable microservices that give developers a simple way to add code and deploy features for realtime apps.PubNub BLOCKS executes business logic directly on the data streaming through PubNub’s network without splitting it off to an intermediary server controlled by the customer. This revolutionary approach streamlines app development, reduces endpoint-to-endpoint latency, and allows apps to better leverage the enormous scalability of PubNub’s Data Stream Network.
Apps and devices shouldn't stop working when there's limited or no network connectivity. Learn how to bring data stored in a cloud database to the edge of the network (and back again) whenever an Internet connection is available. In his session at 17th Cloud Expo, Ben Perlmutter, a Sales Engineer with IBM Cloudant, demonstrated techniques for replicating cloud databases with devices in order to build offline-first mobile or Internet of Things (IoT) apps that can provide a better, faster user experience, both offline and online. The focus of this talk was on IBM Cloudant, Apache CouchDB, and ...
I recently attended and was a speaker at the 4th International Internet of @ThingsExpo at the Santa Clara Convention Center. I also had the opportunity to attend this event last year and I wrote a blog from that show talking about how the “Enterprise Impact of IoT” was a key theme of last year’s show. I was curious to see if the same theme would still resonate 365 days later and what, if any, changes I would see in the content presented.
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical to maintaining positive ROI. Raxak Protect is an automated security compliance SaaS platform and ma...
Most of the IoT Gateway scenarios involve collecting data from machines/processing and pushing data upstream to cloud for further analytics. The gateway hardware varies from Raspberry Pi to Industrial PCs. The document states the process of allowing deploying polyglot data pipelining software with the clear notion of supporting immutability. In his session at @ThingsExpo, Shashank Jain, a development architect for SAP Labs, discussed the objective, which is to automate the IoT deployment process from development to production scenarios using Docker containers.
Countless business models have spawned from the IaaS industry – resell Web hosting, blogs, public cloud, and on and on. With the overwhelming amount of tools available to us, it's sometimes easy to overlook that many of them are just new skins of resources we've had for a long time. In his general session at 17th Cloud Expo, Harold Hannon, Sr. Software Architect at SoftLayer, an IBM Company, broke down what we have to work with, discussed the benefits and pitfalls and how we can best use them to design hosted applications.
We all know that data growth is exploding and storage budgets are shrinking. Instead of showing you charts on about how much data there is, in his General Session at 17th Cloud Expo, Scott Cleland, Senior Director of Product Marketing at HGST, showed how to capture all of your data in one place. After you have your data under control, you can then analyze it in one place, saving time and resources.
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data shows "less than 10 percent of IoT developers are making enough to support a reasonably sized team....
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, rich desktop and tuned mobile experiences can now be created with a single codebase – without compromising functionality, performance or usability. In his session at DevOps Summit, Charles Kendrick, CTO and Chief Architect at Isomorphic Software, demonstrated examples of com...
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningful and actionable insights. In his session at @ThingsExpo, Paul Turner, Chief Marketing Officer at...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, exploreed the current state of IoT connectivity and review key trends and technology requirements that will drive the Internet of Things from hype to reality.
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessions, I wanted to share some of my observations on emerging trends. As cyber security serves as a fou...
With all the incredible momentum behind the Internet of Things (IoT) industry, it is easy to forget that not a single CEO wakes up and wonders if “my IoT is broken.” What they wonder is if they are making the right decisions to do all they can to increase revenue, decrease costs, and improve customer experience – effectively the same challenges they have always had in growing their business. The exciting thing about the IoT industry is now these decisions can be better, faster, and smarter. Now all corporate assets – people, objects, and spaces – can share information about themselves and thei...
The cloud. Like a comic book superhero, there seems to be no problem it can’t fix or cost it can’t slash. Yet making the transition is not always easy and production environments are still largely on premise. Taking some practical and sensible steps to reduce risk can also help provide a basis for a successful cloud transition. A plethora of surveys from the likes of IDG and Gartner show that more than 70 percent of enterprises have deployed at least one or more cloud application or workload. Yet a closer inspection at the data reveals less than half of these cloud projects involve production...
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true change and transformation possible.