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- August 21st, 2024
August 21st, 2024
Alex Lazich
August 21, 2024
Alex’s Note
I’ve been on a crime show spree recently - loving the show Bosch on Amazon Prime.
Onto the ERP news.
Headlines & Trends
Infosys is expected to earn over $100 million as a supporting partner in a $1.1 billion cloud migration deal between Coca-Cola and Microsoft. The deal underscores the strategic role of Indian IT companies in global technology transformations, particularly in cloud and AI services.
A significant number of Oracle NetSuite ERP websites were found to be leaking sensitive customer information due to misconfigurations. This vulnerability exposed personal and financial data, highlighting serious security risks for businesses relying on these systems.
Interesting Articles
SAP Concur's latest report identifies five key challenges impacting business travel in 2024 for Asia-Pacific companies: disruption threats, employee reluctance to travel, balancing sustainability with costs, unequal travel opportunities, and the integration of AI to enhance travel experiences.
Industry Movement
CVC Capital Partners has acquired a significant ownership stake in Epicor from Clayton, Dubilier & Rice (CD&R), though not a majority share. This investment marks CVC's long-awaited entry into Epicor, and both firms now hold equal board representation, with a continued focus on Epicor's growth, particularly in expanding its SaaS offerings and global presence.
Thought Pieces
An interesting thought exercise in an industry that is still going through a digital transformation.
If you have any comments or feedback, just respond to this email! Thanks for reading,
-Alex