Acumatica Summit - Acumatica grows and expands portfolio
January 31, 2017
No time to watch – here is the 1-2 slide condensation (if the slide doesn’t show up, check here):
Want to read on?
Here you go: Always tough to pick the takeaways – but here are my Top 3:
Acumatica steams on – All signs for Acumatica are on growth. Customers, partners, employees, revenues, product etc. 80% YoY growth does not come easy for anyone. So, it is clear the vendor is sitting on something that works – which at the core is a finance centered ERP suite, that goes beyond the traditional SaaS package with several platform like capabilities (e.g. with APIs and platform capabilities).
Acumatica adds key automation area – Acumatica announced both Field Service and Commerce as new offerings. Both have been areas that larger competitors have made a focus in, it looks like Acumatica felt it had to respond, possibly in regards to NetSuite even attack. Good to see also the realization that HR matters, with a partnership with InfinityHR: Acumatica will add the InfinityHR payroll to its price list and demoed a REST based integration between the two vendors.
Bi-Dimensional partner traction – Traditionally Acumatica has focused on having partners to take its products to market. The most important ones are the ones who OEM the product, and Acumatica has managed to double that number, though with a total of six still at a low level. The other dimension are technology partners, and Acumatica highlight its partnership with IaaS powerhouses AWS and Microsoft Azure. Acumatica goes beyond the ‘bare metal’ approach to IaaS – up-taking platform capabilities e.g. around Aurora (AWS) and Outlook (Microsoft).
On the concern side, growth has to be managed and scale. It looks like under the hood Acumatica is doing the right things, but on the visible side, their user experience needs to be bolted to the 21st century. Timeless ‘Windows’ gray is very 20th century.
But overall it is clear Acumatica has something going in the SMB market. With the largest and longest term player in the market with NetSuite now being part of Oracle – Acumatica is ready to take advantage, should NetSuite show any signs of weakness. Stay tuned – we will be watching.
Want to learn more? Checkout the Storify collection below (if it doesn’t show up – check here).
Find more coverage on the Constellation Research website here and checkout my magazine on Flipboard and my YouTube channel here.
Acumatica steams on – All signs for Acumatica are on growth. Customers, partners, employees, revenues, product etc. 80% YoY growth does not come easy for anyone. So, it is clear the vendor is sitting on something that works – which at the core is a finance centered ERP suite, that goes beyond the traditional SaaS package with several platform like capabilities (e.g. with APIs and platform capabilities).
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| Demo Time at Acumatica Summit - race the CEO |
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| Acumatica Summit 2017 Keynote - in 1 Slide |
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| Acumatica Growth in 2016 |
MyPOV
A very good event for Acumatica, a vendor that is on a roll. We had little time at the event – but the participants are all energized by the vendor’s success. Anything that grows by over 50% a year – a number Acumatica has eclipsed consistently – creates its own energy force field, as seen at Acumatica Summit.On the concern side, growth has to be managed and scale. It looks like under the hood Acumatica is doing the right things, but on the visible side, their user experience needs to be bolted to the 21st century. Timeless ‘Windows’ gray is very 20th century.
But overall it is clear Acumatica has something going in the SMB market. With the largest and longest term player in the market with NetSuite now being part of Oracle – Acumatica is ready to take advantage, should NetSuite show any signs of weakness. Stay tuned – we will be watching.
Want to learn more? Checkout the Storify collection below (if it doesn’t show up – check here).
Find more coverage on the Constellation Research website here and checkout my magazine on Flipboard and my YouTube channel here.
Holger Mueller is VP and Principal Analyst for Constellation Research for the fundamental enablers of the cloud, IaaS, PaaS and next generation Applications, with forays up the tech stack into BigData and Analytics, HR Tech, and sometimes SaaS. Holger provides strategy and counsel to key clients, including Chief Information Officers, Chief Technology Officers, Chief Product Officers, Chief HR Officers, investment analysts, venture capitalists, sell-side firms, and technology buyers.<br>
Coverage Areas:
Future of Work
Tech Optimization & Innovation<br>
Background:
Before joining Constellation Research, Mueller was VP of Products for NorthgateArinso, a KKR company. There, he led the transformation of products to the cloud and laid the foundation for new Business…
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Published
January 31, 2017
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