Hi and welcome to episode 172 of The ERP Minute. I’m your host, Rebekah McCabe.
Acumatica Summit 2025 announcements continued into the new week with Acumatica recounting the product strategy highlights from Day 2. Acumatica unveiled its AI-first product strategy and upcoming innovations that will reshape how small and mid-sized businesses operate. The Day 2 keynote address unveiled several updates and enhancements Acumatica will release in 2025 to address strategic priorities. For a breakdown of Acumatica’s release, be on the lookout for ERP Advisors Group’s review of Acumatica 2025 R1.
Financial results were the focus as we enter February, with major announcements coming from Microsoft, SAP, and Sage.
First, Microsoft announced results for the quarter ended December 31st, 2024, as compared to the corresponding period of last fiscal year. Total revenue was $69.6 billion, an increase of 12%. Dynamics products and cloud services revenue increased 15% driven by Dynamics 365 revenue growth of 19%. Additionally, server products and cloud services revenue increased 21% driven by Azure and other cloud services revenue growth of 31%.
Then, SAP announced its financial results for the fourth quarter and fiscal year ended December 31st, 2024. Total revenue was up 10% year-over-year to about 34.2 billion euros. Cloud revenue was up 25% to about 17.14 billion euros, with cloud ERP suite revenue up 33% to about 14.2 billion euros.
Finally, Sage issued a trading update for the three-month ended December 31st, 2024. Total revenue was up 10% to 612 million pounds. More specifically, total North American revenue was up 11% to 279 million pounds.
Results across these ERP giants support the vision for growth expected in 2025. Overall technology investments are expected to grow substantially in the new year, bolstered by advancements in AI and data infrastructure.
To round out the week, Nextworld announced the successful closing of a $65 million Series F funding round. The investment, led by the McVaney Investment Partnership, positions the company for significant growth in 2025. Nextworld has been a growing force in ERP, and we expect to see even more from the enterprise platform provider in 2025.
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