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UNIT4 doubles innovation efforts to accelerate its lead in Cloud ERP

SaaS revenue surpasses growing license revenue by 40%

Victoria, BC and Manchester, NH, 

Newsfacts

  • Plans to double R&D capacity to accelerate Social, Mobile, Analytics and Cloud innovation
  • Extending the reach and depth of vertical solutions for the services industries

UNIT4, the global leader in software solutions that enable business change, today announced increased Cloud momentum with SaaS revenues surpassing growing perpetual licenses by 40 per cent in the first half of the year. Building on this momentum, UNIT4 will significantly increase its innovation capacity by doubling the R&D resources devoted to its Agresso ERP platform.

Organizations across the world are embracing Social, Mobile, Analytics and Cloud solutions as part of their efforts to modernize and deliver consumer grade experience to their users. UNIT4 has already invested substantially to create the next generation of enterprise software, as demonstrated with the latest release of its Agresso ERP platform, and through its investment in FinancialForce.com, the leading Cloud ERP solution on the Salesforce1 platform.

Building on its previous success, UNIT4 will strengthen its R&D capacity, devoted to the development of next generation ERP solutions, that anticipate and meet the demands of Enterprise Software users, and extending its vertical specialization for industries such as Education, Professional Services, Not for Profit, Wholesale, Accountancy and Public Services.

UNIT4 plans to double its ERP product line R&D capacity within the next two years. The proven capabilities of the Agresso platform, such as easy business change, user experience and flexible deployment options for public, private and hybrid cloud will be extended to all UNIT4 solutions.

The additional development capacities and skills will be centered across Wroclaw, Poland and Granada, Spain where UNIT4 already has teams with over 150 developers in place. The UNIT4 R&D teams in Norway will remain at the heart of Agresso development, focusing on innovation and architecture.

"Unit4 plans to double its #ERP product line R&D capacity within the next two years." CEO José Duarte in Aug 2014 #EnSw

José Duarte, CEO of Unit4

“The enterprise software market is at an historical turning point,” said José Duarte, CEO of UNIT4. “New technologies and business models have emerged and are determining the future business software leaders. Our present and future investments in innovation represent our commitment to delivering a strong future to our clients, partners and employees. Building on our success to date, we will invest even more aggressively in innovation and R&D. Poland and Spain offer scalable, high-quality talent pools that will allow us to build on existing, proven development operations.”

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Contact

Ryan Lilly

Account Manager

rlilly@matternow.com

Emma Keates

Global PR Manager

emma.keates@unit4.com

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