Acumatica
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Privately held company | |
Industry | Computer software |
Founded | Bethesda, Maryland (2008) |
Headquarters | Bellevue, Washington |
Key people
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Serguei Beloussov (Executive Chairman and Founder) Mike Chtchelkonogov (CTO and Founder) John Howell (Director and Founder) Jon Roskill (CEO) |
Products | Acumatica Cloud ERP Financial Management Customer Management Project Accounting Distribution Management Manufacturing Management |
Number of employees
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130+ (as of May 2016) |
Website | www |
Acumatica, founded in 2008,[1] is a technology provider that develops adaptable cloud- and browser-based enterprise resource planning (ERP) software designed to improve productivity of small and medium-sized businesses (SMBs). The company is headquartered in Bellevue, WA (Seattle metropolitan area) and has a number of satellite offices around the globe.[2]
Contents
Product[edit]
Acumatica's web-based ERP applications are built on top of its internally developed platform. The server software can be deployed on-premises, hosted in a data center, or run on a cloud-computing platform. The software can be licensed or purchased as a SaaS solution.[3][4] Acumatica CEO Jon Roskill told Nucleus Research that the company will continue to expand horizontal functionality while channel partners continue to develop vertical extensions to the product line.[5] Acumatica sells the following suites:
- Acumatica Financial Management Suite
- Acumatica Customer Management Suite
- Acumatica Project Accounting Suite
- Acumatica Distribution Management Suite
- Acumatica Manufacturing Management Suite
Unlike its competitors, Acumatica sells its products exclusively through partners.[6]
Operating environment[edit]
Acumatica's SaaS offering runs on Windows Azure and SQL Azure.[3] Acumatica's licensed software runs on a Microsoft Windows Server with a Microsoft SQL database. Applications run as .NET managed code.[7]
History[edit]
In November 2008, Acumatica launched its first product, Acumatica ERP, alongside an accompanying financial demo. In the following year, on-premises and SaaS software versions were released. Acumatica's distribution software came a year later in April 2010.
Acumatica received an investment from Visma in September 2011.[8]
In September 2012, former Microsoft General Manager and Worldwide SMB Sales & Marketing Operations Executive Yury Larichev joined Acumatica as its new Chief Operating Officer.[9] Larichev became the company's Chief Executive Officer at the onset of 2013, soon after the company moved its headquarters to Kirkland, WA.[10][11]
In early 2013, Acumatica appointed Christian Lindberg as VP of Partner Solutions.[12] In March of the same year, Acumatica launched version 4.0 of its ERP suite, which introduced a new user interface as well as Acumatica Studio for ERP app development.[13] The product launched in Asia 2 months later alongside the appointment of Erwan Philippe as the Asia General Manager.[14][15] Jeff Wilson also joined the Acumatica team as Chief Financial Officer during this time.[16]
In March 2014, former Microsoft VP Jon Roskill was named Acumatica's new CEO.[17] Acumatica launched its xRP Cloud Platform 2 months later.[18] In the fall of 2014, Acumatica released the beta version of its new suite, Acumatica 5.0.[19] Around the same time, Acumatica secured over $13 million in funding in an effort led by MYOB.[20]
Awards and recognition[edit]
In 2012, Acumatica was named a Top 100 Global Finalist by Red Herring[21] and number 1 in the Top 20 Coolest Cloud Vendors by CRN.[22] Gleanster also labeled Acumatica the best SMB CRM suite in all four of its categories: Ease of Deployment, Ease of Use, Features/Functionality, and Overall Value.[23]
In 2013, Acumatica was named one of CRN’s “20 Coolest Cloud Software Vendors of the Cloud” for “solid growth throughout 2012” and its “ability to offer ERP in a SaaS model or hosted on-premises” in a data center or the cloud.[24] Acumatica was a finalist for the 2013 SIIA Software CODiE Awards for Best Supply Chain Management Solution,[25] and it was also recognized as one of the top 50 Russian start-ups of the year.[26]
In 2014, Acumatica won a Gold Stevie in the "New Product or Service of the Year" category for its Cloud Platform.[27] Acumatica was awarded a SIIA Software CODiE Award in May of the same year for Best Supply Chain Management Solution.[28]
Technology Evaluation Centers has publicly recognized the company, stating that "Old and new ERP establishments should watch out for Acumatica . . . Acumatica’s offerings give both new and old ERP software vendors a run for their money."[29]
Sister companies[edit]
Founder Serguei Beloussov is involved with a number of sister companies, including Acronis and Parallels.[citation needed]
Competitors[edit]
Acumatica's SaaS offering runs on Windows Azure and SQL Azure.[3] Acumatica's licensed software runs on a Microsoft Windows Server with a Microsoft SQL database. Applications run as .NET managed code.[7] Competitors include the following:
References[edit]
- ^ "Company -". acumatica.com. Retrieved 2 August 2015.
- ^ "Contact -". acumatica.com. Retrieved 2 August 2015.
- ^ a b c O'Gara, Maureen (2009-12-05). "Azure Gets its First Commercial ERP App". Cloud Computing Journal.
- ^ McLaughlin, Kevin (2009-06-25). "Startup Acumatica Brings CRM, ERP To The Web". ChannelWeb.
- ^ New Acumatica CEO Plans for Growth, Nucleus Research, April 2014(registration required)
- ^ http://www.aqurus.ca/improvements-to-acumaticas-cloud-erp-reseller-program-2.html. Retrieved January 7, 2015. Missing or empty
|title=
(help)[dead link] - ^ a b Roe, David (2009-05-27). "Acumatica Business Management Suite Hosted Anywhere You Want". CMS Wire.
- ^ Fineberg, Seth. "Acumatica Gets Distribution and Financing Deal, Eyes Accountants". Accounting Today. SourceMedia. Retrieved 12 September 2011.
- ^ "Acumatica Names Microsoft Exec Yury Larichev as Chief Operating Officer", Press release, Acumatica, September 10, 2012
- ^ http://www.seattlepi.com/business/press-releases/article/Acumatica-Cloud-ERP-Appoints-Yury-Larichev-as-4192078.php. Retrieved January 17, 2013. Missing or empty
|title=
(help)[dead link] - ^ "Acumatica Moves Headquarters to Seattle Area". Accounting Technology. December 3, 2012.
- ^ Whiting, Rick (15 February 2013). "Acumatica Hires Former Microsoft Exec To Manage ISV Partner Program". CRN. Retrieved 23 May 2013.
- ^ Fineberg, Seth (6 March 2013). "Acumatica Releases Version 4 Of Cloud ERP Software". Information Management. Retrieved 23 May 2013.
- ^ "Acumatica Cloud ERP Launches Latest 4.0 Version in the Philippines". Press release. Retrieved 23 May 2013.
- ^ "Acumatica Appoints Erwan Philippe as General Manager, Asia". Press release. Acumatica. Retrieved 23 May 2013.
- ^ Scott, Bob (21 March 2013). "Acumatica Picks CFO". Retrieved 23 May 2013.
- ^ "Former Microsoft VP Jon Roskill named Acumatica CEO". Press release. Retrieved 5 March 2014.
- ^ "Acumatica Launches Cloud xRP Platform Enabling Software Companies to Get to SaaS Fast". Press release. Retrieved 30 December 2014.
- ^ "Acumatica Unveils 5.0 Beta, Honors Partners at 2014 Summit". Press release. Retrieved 30 December 2014.
- ^ "Acumatica Raises Over $13 Million in New Funding Round Led by Bain Capital-Owned MYOB". Press release. Retrieved 30 December 2014.
- ^ "2011 RED HERRING GLOBAL TOP 100". Red Herring. Retrieved 2 August 2015.
- ^ Andrew R. Hickey. "The 20 Coolest Cloud Software Vendors". CRN. Retrieved 2 August 2015.
- ^ Gleansight: CRM for Small and Midsize Businesses, Gleanster, October 2012(registration required)
- ^ "The 20 Coolest Cloud Software Vendors Of The Cloud 100". Slideshow. CRN. Retrieved 23 May 2013.
- ^ "Acumatica Cloud ERP Named SIIA Software CODiE Award Finalist for Best Supply Chain Management Solution". Press release. PR Web. Retrieved 23 May 2013.
- ^ "The Top 50 Russian Start-Ups". Article. Russia Behind the Headlines. Retrieved 23 May 2013.
- ^ "2014 New Product Awards & Product Management Categories". Stevie Awards. Retrieved 2015-08-02.
- ^ http://finance.yahoo.com/news/acumatica-wins-siia-software-codie-213000457.html. Retrieved December 30, 2014. Missing or empty
|title=
(help)[dead link] - ^ "Old and New ERP Establishments Should Watch Out for Acumatica". technologyevaluation.com. Retrieved 2 August 2015.
External links[edit]
- ^ Acumatica Asia Tour 2015
- ^ Acumatica Asia Tour 2015 Archived October 16, 2015, at the Wayback Machine.