The ERP Minute Episode 30 - March 15, 2022

Oracle announced their fiscal 2022, Quarter three results. Total quarterly revenues were up 4% year-over-year to $10.5 billion. Fusion ERP Cloud Revenue is up 33% and NetSuite ERP Cloud Revenue is up 27%. Last week, SAP completed its acquisition of a majority stake of Taulia, a leading provider of working capital management solutions. Taulia’s platform allows trading partners to determine payment terms with much more flexibility than traditional restrictions. Sage recently announced the launch of Sage Intaact Manufacturing in France. Vice President of Product for Sage, Rob Sinfield states, “Serving as a complementary solution within our portfolio to the more complex capabilities offered by Sage X3, Sage Intaact Manufacturing provides smaller manufacturing businesses with the opportunity to use best in class technology at a scale that suits them.” On a different note, Microsoft’s Azure Quantum program has developed devices that can create quantum properties, which scientists have imagined for nearly a century. Microsoft’s approach to building a quantum computer aims at creating more stable machines than those built with other types of known qubits, and therefore will be able to scale like no other has before.

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