Tag Archives: sage

July 29, 2012 Posted in Business 2 Comments

Xero Hits Escape Velocity With 100000 Customers Count

By Ben Kepes

Xero held its annual meeting last week and detailed its current performance. Xero annual meetings are always an interesting event, Xero has an incredibly supportive shareholder base, while most publicly listed company AGMs include a fair dose of critique and questioning, Xero’s events instead ring to the sound of hand-clapping

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April 4, 2012 Posted in Business 1 Comment

Responding to Competition–In the Cloud World–It’s All About Raising the Tide

By Ben Kepes

I’m involved in a bunch of different cloud startups – either as a founder, an investor or an adviser. Many of these startups are actively working on disrupting more traditional incumbent players, while many face competition from other entrants in the space. A recent blog post from Neil Ballard was

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November 4, 2011 Posted in Business 2 Comments

Easing the On Ramp–Xero Makes a Logical Move, Three Years On

By Ben Kepes

Around three years ago, before some “heated” discussions made communication between us a little strained, I spent a fair amount of time talking with Xero CEO Rod Drury around the Cloud/SaaS market generally. Those conversations started well before the Xero IPO when he was still shopping little more than a

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August 20, 2011 Posted in Business 2 Comments

Private Equity Firm Bain Acquires MYOB–Looking for Increasing Value

By Ben Kepes

News just in that, despite UK accounting vendor Sage trying their hardest to purchase MYOB, another private equity firm has scooped the Australasian accounting vendor that has been on the market for a little while. Interestingly enough, the markets didn’t like Sage’s intentions and punished the share price resulting in

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August 16, 2011 Posted in Business 6 Comments

Sage bids for MYOB. An Uber Alliance in the Making?

By Ben Kepes

Breaking news just to hand that UK accounting vendor Sage is considering making a bid for Australasian vendor MYOB. Sage has long had a strategy of growth by acquisition and tends to let the acquired company continue to run independently – this has led to some confusion in the past.

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July 4, 2011 Posted in Business 6 Comments

Some Xero Analysis

By Ben Kepes

A month or so ago I was asked to provide some comment for the Natonal Business Review to go with Xero’s full year financial report. I was positive but with reservations and comments. In response to my comments, Xero CEO Rod Drury made some ad hominem comments about me and

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July 22, 2010 Posted in Business 5 Comments

Xero Annual Report – Quick Analysis

By Ben Kepes

At the Xero AGM today both CEO Rod Drury and Chairman Phil Norman addressed the audience and gave  roundup of annual performance. Some quick points to note: Customer count now over 22000 (see graph below). Note the steepness of the growth curve has flattened somewhat – it’s still heading in

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The Author

Ben Kepes is a technology evangelist, an investor, a commentator and a business adviser. Ben covers the convergence of technology, mobile, ubiquity and agility, all enabled by the Cloud. His areas of interest extend to enterprise software, software integration, financial/accounting software, platforms and infrastructure as well as articulating technology simply for everyday users.

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