The ERP Advisor

The ERP Minute Episode 63 - November 8, 2022

November 09, 2022 ERP Advisors Group
The ERP Advisor
The ERP Minute Episode 63 - November 8, 2022
Show Notes Transcript

NetSuite announced that it was recognized by Inc. Business Media in the inaugural Power Partner awards which honor B2B organizations that support startups across all business functions and empower growth. UKG announced its acquisition of Quorbit, the U.K.-based startup specializing in long-term workforce planning solutions for people in frontline and hourly roles. This acquisition will help organizations achieve new levels of operational excellence by bringing together strategic planning with employee development, and further strengthening UKG’s market leadership for solutions designed in service of people. Oracle announced Oracle Public Safety Services, a new technology platform for law enforcement and first responders. The new platform provides a unified hardware and software suite that is designed to remove data silos, eliminate manual busy work, and empower first responders with real-time information and situational awareness to help them make more objective decisions when every second counts. This suite also includes a dispatch command center, law enforcement records, and jail management software, as well as body-worn devices and real-time video communication tools.  Blackbaud released its financial results for its third quarter, ending September 30, 2022. GAAP total revenue was $261.3 million, up 13%, with $249.4 million in GAAP recurring revenue, up 14.1%.

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Hi and welcome to episode 63 of The ERP Minute. I am your host, Rebekah McCabe. 

NetSuite announced that it was recognized by Inc. Business Media in the inaugural Power Partner awards which honor B2B organizations that support startups across all business functions and empower growth. 

NetSuite is unique in its commitment to assisting startups by enhancing their business processes and enabling them to grow. It is great to see vendors like NetSuite use their resources to empower these businesses to reach new heights. 

Also, in business startup-related news, UKG announced its acquisition of Quorbit, the U.K.-based startup specializing in long-term workforce planning solutions for people in frontline and hourly roles. This acquisition will help organizations achieve new levels of operational excellence by bringing together strategic planning with employee development, and further strengthening UKG’s market leadership for solutions designed in service of people.

Solutions like Quorbit ensure that frontline and hourly workers are able to take charge of their careers while still staying in sync with employers. 

This week, Oracle announced Oracle Public Safety Services, a new technology platform for law enforcement and first responders. The new platform provides a unified hardware and software suite that is designed to remove data silos, eliminate manual busy work, and empower first responders with real-time information and situational awareness to help them make more objective decisions when every second counts. This suite also includes a dispatch command center, law enforcement records, and jail management software, as well as body-worn devices and real-time video communication tools. 

In the industry of public safety, communication is key to saving countless lives. Oracle’s offerings with Oracle Public Safety Services will streamline processes and enable first responders to better serve their communities.

Finally, Blackbaud released its financial results for its third quarter, ending September 30, 2022. GAAP total revenue was $261.3 million, up 13%, with $249.4 million in GAAP recurring revenue, up 14.1%. 
 
Blackbaud’s financial results further support the expansion they have experienced this year, through acquisitions, product enhancements, and leadership changes. These shifts will likely help Blackbaud continue to grow into and beyond 2023.

Thanks for tuning into The ERP Minute. We are always looking for newsworthy material to share with our listeners, so send us breaking ERP news! Be sure to subscribe to our Apple Podcast, Spotify, and YouTube channels so you never miss an episode. We’ll see you next week.