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by Jeff Moad, MA Editorial Staff Posted on Friday, June 22, 2007 5:23:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | The smaller ERP vendor will ratchet up investment in its SAP-focused FourthShift product, deemphasizing sales of its unaligned FourthShift ERP application. |
| Keywords: | SoftBrands, SAP, mid-market ERP, ERP consolidation, best of breed software, enterprise software, FourthShift, FourthShift for SAP |
Reflecting the significant challenges that small, independent enterprise software vendors face in attempting to differentiate themselves in a market increasingly dominated by large competitors, SoftBrands Inc. this week said it will restructure itself to further emphasize its partnership with SAP AG over its traditional FourthShift ERP business. SoftBrands President and CEO Randy Tofteland, in an interview with Managing Automation, said SoftBrands will eliminate 55 positions — about 12% of its manufacturing products team — as part of the restructuring, which is expected to result in savings of about $3 million. SoftBrands also will create separate development organizations for its FourthShift and FourthShift Edition for SAP BusinessOne ERP brands, increasing resources devoted to the FourthShift Edition for SAP BusinessOne product, Tofteland said. As a result of the moves, SoftBrands said it expects to record a restructuring charge of $1.5 million in the upcoming, third quarter of its 2007 fiscal year. [Click to continue] |
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