The ERP Minute Episode 50 - August 9, 2022

The ERP Advisor

Blackbaud released its financial results for its second quarter ended June 30, 2022. Second quarter total revenue increased 15.5% year-over-year with the first half of 2022, while non-GAAP organic recurring revenue increased 5.1%. IFS reported its financial results for H1 as of June 30, 2022, with its share of recurring revenue reaching 71% of total revenues and H1 2022 software revenue grew 22% over H1 2021. Salesforce announced Composable Storefront, a fully customizable, headless digital storefront. Features include best-in-class integrations, pricing, and implementation accelerators from across the Salesforce ecosystem, all anchored by Commerce Cloud. QAD introduced the Elevate Program, which provides its ERP customers a simplified upgrade path to QAD adaptive ERP through a rapid, low-cost, automation-powered approach. QAD’s program leverages knowledgeable QAD consultants to upgrade to the QAD Cloud in less than six months. ECI Software Solutions, a provider of cloud-based business management solutions, released M1 ITAR – a cloud-based platform for manufacturers who serve the U.S. government’s aerospace and defense needs to assist in maintaining compliance with the International Traffic in Arms Regulations (ITAR). Leveraging Microsoft Azure for U.S. Government and AWS GovCloud, M1 ITAR helps manufacturers grow their business capabilities and maintain data in a secure cloud environment.
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