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RMB ASSET MANAGEMENT INTERNATIONAL LTD CENTRALISES FINANCE SYSTEM WITH TOUCHSTONE GROUP - Infor FMS SunSystems procurement, accounting and finance software set to deliver improved flexibility and cost savings across international business - Date: 22 March 2007
RMB Asset Management International Ltd (RMB), a wholly owned subsidiary of the FirstRand Group (one of South Africa’s largest financial services institutions), has engaged the IT consultancy and software solution services of Touchstone Group, to implement an integrated Infor FMS SunSystems procurement and finance system. |
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New owner of Pegasus and SunSystems pledges to continue with brands but refuses to disclose how much it intends to invest in them.
Kevin Reed, Accountancy Age, 01 Dec 2006
The new owner of Pegasus and SunSystems has revealed the company’s plans for the popular business software products, pledging to continue with the brands but refusing to disclose how much it intends to invest in them.
Jim Schaper, CEO of Infor, the company that bought Pegasus and SunSystems owner Systems Union earlier this year, said his company invested 18% of its gross revenues into R&D, but could not confirm how much of the company’s $400m (£205m) budget would go towards updating the newly-owned products.
His comments follow concerns in the UK software industry that Infor would milk Systems Union’s license revenue but not invest.
‘I believe our general R&D figure is higher than the level Systems Union invested in its products, but for each separate product line I don’t know,’ said Schaper.
He also made one of Infor’s first public pledges to UK businesses that investment in the product lines would continue, saying work was underway to integrate the products with Infor’s analytics and budgeting software.
Source ITWeek |
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Head of business software consolidator says SAP mid-market move is ill-conceived.
Nicholas Neveling, Accountancy Age, 25 Jan 2007
Jim Schaper, the chief executive of business software consolidator Infor hitout at rival SAP over its plans to move into the mid-market.
SAP announced that it was planning a move into the mid-market this week, prompting Schaper to break cover and criticise the strategy.
'One has to wonder is SAP truly understands the mid-market or whether this strategy is solely an effort to detract attention from the slowing growth of their Fortune 500 base,' Schaper said.
He said medium-sized businesses did not want all-in-one products that required customisation efforts.
'That approach is a relic of the past, when ERP implementations were akin to corporate open heart surgery,' said Schaper. 'The bottom line is that customers want more functionality, less complexity and the lowest total cost of ownership. That is not what we see from SAP.'
Source ITWeek
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Business software group Coda has made a bold bid to poach clients from aggressive rival Infor, with the launch of a migration plan for users of SunSystems.
Coda is developing migration tools to assist clients who wish to switch. Coda has also promised SunSystems customers a free report, compiled by experienced consultants, outlining the functionality benefits, efficiency gains, timeline and costing of a migration.
Coda group marketing director Dave Turner said the strategy to offer a migration platform to SunSystems users, generally mid-market businesses, had been developed long before Infor bought Systems Union, the developer of SunSystems, for $3.8bn (£1.93bn) in April last year.
‘We have always targeted SunSystems users. There is a huge similarity between SunSystems and ourselves, so it was an obvious area to look at,’ Turner said.
Turner admitted the takeover of Systems Union had assisted Coda in its plans, as a number of consultants from the group had moved across to Coda after the deal. They now work closely with any SunSystems user who makes the jump to Coda.
It is estimated there are more than 3,000 SunSystems users, some 2,300 of which are based in the UK. Many users have been concerned about the future of their software within the Infor stable and Coda’s plans will be viewed as a major challenge to the consolidator.
Source IT Week
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New owner of SunSystems hits back at rivals attempting to lure away its clients.
Nicholas Neveling, Accountancy Age, 16 Mar 2007
Infor has moved to comfort users of SunSystems, the system it acquired last year, after challenges from other software groups attempting to lure away disaffected users.
The aggressive private equity consolidator is holding a 'Customer Day' on March 27, where the company will provide demonstrations of its SunSystems products and formally announce the formation of an independent UK and Ireland Infor FMS SunSystems user group.
The event could be viewed as a direct response to plans from rival Coda which has launched a migration programme in order to woo SunSystems users.
The 'Customer Day' will provide more than 4000 Infor FMS SunSystems customers with an outline of the Systems direction, and the R&D programmes planned for the solution.
'This event is a great opportunity for customers to learn more about how Infor evolves its solutions to offer them peace of mind and extends functionality to maximise their IT investments,' said Infor executive Doug Norton-Bilsby.
Source ITWeek |
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