Wow, what a start to 2017! I’ll try not to get too political, but the first item on my list of BizTech news in January means I can’t leave politics aside…
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17 Predictions for 2017
2016 reinforced that life doesn’t always pan out the way one (even the experts) might rationally expect…
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16 predictions for 2016 – how’d I go?
At the start of 2016 I boldly put my pride and reputation as a budding futurist on the line by penning my article: 16 predictions for 2016 for the AuNZ biztech industry.
Before sitting down to write my 17 predictions for 2017, its only fair that review how I went with this year’s attempt!
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Is it market sensitive?
A few people have contacted me about my previous suggestions that MYOB are losing some senior people in product and dev. MYOB have remained tight-lipped.
Now only @MYOB $MYO #MYOB left to make their announcement of staff departures… https://t.co/PVl99debOz
— Matt Paff (@mattpaff) October 30, 2016
November Cloud AuNZ Accounting Update
Its been another busy month on the AuNZ Cloud Accounting scene. Conference season is over as the festive season approaches. From the big boys we’ve seen published results and investor days, staff changes and continued growth. And I managed to sit down with Daniel Rabie from Reckon to discuss my beef with their strategy.
Storm Clouds: Big Announcements Coming
I’ve taken the crazy step to post this month’s AuNZ Cloud Accounting update on a weekend – a social media no-go zone/black hole for content. There’s just going to be too much to write about over the coming days and weeks, I just had to get this out today!
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The Rise of AI
September 2016 AuNZ Cloud Accounting Update
Mark September 2016 in your calendars. It was the month when Artificial Intelligence (AI) officially went mainstream in SMB accounting tech. This month saw #XeroCon South in Brisbane and the MYOB Partner Conference Roadshow across AuNZ, both raising the future of “coding free data entry”.
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August Cloud Accounting Industry Update
The accounting software conference season is upon us, with Xerocon, QB Connect, MYOB Partner Conference all hot on the heels of Sage Summit. Apart from the likes of Clayton and Wayne racking up even more frequent flyer miles and social media posts, what can we expect from these events? Much of the same I expect. I don’t see any major announcements being likely.
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MYOB Acquisition spree – who’s next?
Yesterday’s announcement of MYOB’s acquisition of ERP provider Greentree, won’t be the end of MYOB’s buying spree, according to their CFO Richard Moore. Moore, courtesy of Yolanda Redrup’s AFR article, states:
we do have a list of potential acquisition targets and we’ll keep reviewing that list in the coming months
This got me thinking, who else might be on that list? Based on what we know in the public arena, throw in some gut-feel and some muck-raking, here’s my guess at the MYOB shopping list:
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The countdown is on for MYOB
As part of the relisting of MYOB on the ASX, Bain Capital retained 57.7% majority shareholding with the following clause:
If the share price doesn’t increase by 20% in Mar 2016 (20 day Volume Weighted Average Price after the FY15 results are announced), Bain can’t sell down until Sept 2016 (after the announcement of the 1H16 results). At that point they can sell down completely if they choose.