Archive for the 'New Zealand IT Industry' Category
January 29, 2015
There was exciting news this week as MYOB officially released MYOB Advanced, a new Cloud-based ERP & business management platform for mid-sized New Zealand and Australian businesses.
While newly released in New Zealand and Australia, MYOB Advanced is based on the American Cloud ERP called Acumatica, which MYOB invested $13.3M into last year. Acumatica is a powerful and successful Cloud ERP, proven in the American market, whereas MYOB Advanced is optimised for the New Zealand and Australian market.
Over the last year, Enprise has invested in evaluating, understanding and getting staff formally trained in MYOB Advanced.
We see this as a powerful and complementary addition to the MYOB EXO product range, giving Enprise customers the choice of either an on-premise ERP solution with MYOB EXO or a Cloud solution with MYOB Advanced. Hosted MYOB EXO is another popular option.
At this early stage Enprise has already sold MYOB Advanced to one customer and we have a number of other prospective customers in the process of signing up.
Watch this space, I think this product is a winner!
Posted in Cloud, Enprise, ERP, MYOB Advanced, New Zealand IT Industry | Leave a Comment »
Tags: Enprise, Enprise New Zealand, EnpriseAU, EnpriseGroup, EnpriseNZ, MYOB, MYOB Advanced
December 4, 2014
Enprise Group has the historical honour of being the last company to be listed on the NZAX board. I was only advised of this on Monday by NZX staff during our listing celebration. Apparently the NZX is not accepting any more applications for the NZAX and will instead be encouraging companies to either list on the new NXT board or the Main Board, as appropriate.
The NZX states on its web site that it “intends to continue to support companies that are listed on the NZAX market for the foreseeable future”. Enprise Group will most likely shift to the NXT market some time over the next two years.
The picture above was taken at our listing celebration on Monday and includes (from L to R) Jens Neiser (Enprise director), me, Elliot Cooper (Enprise CFO & director), Sean Joyce (our NZX sponsor) and Aaron Jenkins (NZX Head of Markets). Photo by Bruce Jarvis.
NXT Announcement
Posted in New Zealand IT Industry, NZAX | Leave a Comment »
Tags: Enprise, NXT, NZAX, NZX
December 1, 2014
This morning at 11am NZ time, Enprise Group was listed on the NZAX board of the New Zealand Securities Exchange (NZX). The shares opened at 32 cents, peaked at 60 cents and closed the day on 55 cents.
Here is the speech that I gave at the listing celebration that was held at the NZX’s Auckland office;
Ladies and Gentlemen, welcome and thank you for joining us here today for this very special event in the history of Enprise Group.
Today Enprise is a small software group with big aspirations.
At this time we own three software businesses that provide world-class financial & business management solutions to medium sized businesses in New Zealand, Australia and around the world.
Today we are setting off on a new journey as a public listed company in New Zealand on the NZAX board. Previously, when we were known as Datasquirt Ltd, we were listed in Australia on the ASX board and following the sale of the Datasquirt business to LiveOps of Silicon Valley, we were briefly listed on the Australian NSX board before we delisted in October to cross the Tasman to NZAX.
We have some success stories behind us – where we created software businesses and solutions that we grew and sold to larger international companies. In all we have created value for our customers, partners, staff and shareholders.
Going forward we are in the business of creating many more business successes by utilizing the talented and creative people we have in New Zealand and Australia. Taking our software and services to the world and to our own home markets in New Zealand and Australia.
We have strong, long-standing strategic partnerships with global powerhouses; MYOB, SAP and Microsoft. We have exciting new Cloud and mobile software solutions lined up for 2015. Watch this space.
We have a talented team of software professionals in which we will continue to invest in and grow. We will be looking for new software businesses, new people and new opportunities that leverage the powerful partnerships and global channels to market that Enprise Group has today.
Today we are but a small software group, but we have big aspirations and a vision for the future. We are looking for long-term investors to join us on this new journey. Today is a great time to get on board.
This is a compliance listing with the NZAX, which means that Enprise is not issuing new shares to the market at this time. Thus we offer an opportunity for all existing Enprise Group shareholders to trade their shares and for New Zealand investors to join us on our way into a prosperous future.
I can tell you that I am not selling any of my Enprise shares and have no intention to sell for the foreseeable future.
Thank you again for joining us on this auspicious occasion.
We now count down to the listing…
Posted in New Zealand IT Industry, NZAX | Leave a Comment »
Tags: Enprise, Enprise Group, EnpriseGroup, EnpriseNZ, NZAX
November 21, 2014
Enprise Group will list on the NZAX board on Monday 1st December 2014 under the code “ENS”.
Our reasons for choosing to list in New Zealand are as follows;
Our team at Enprise has a strong history of building successful software businesses that have been sold to larger multinational companies and thereby produced good returns to New Zealand investors. Each of these businesses has been based in New Zealand and all but one has predominantly sold its products overseas and within New Zealand.
Now that Enprise has proven its ability to build successful software businesses and return significant value to shareholders by exiting those businesses, we are about to embark on a new chapter of our evolution, which is to build a public New Zealand-based company which becomes a large profitable technology group that will return long-term value to its shareholders, staff and customers.
The “New Enprise” will be a cash earner, not a cash burner. We hope to attract investors with a long-term view, rather than speculators who look to the short term. We will be looking to grow our business by acquiring businesses that add value to our group and strategically align with our existing businesses.
Enprise Group is a platform for growing global software businesses. That platform already includes strong international partnerships with software giants SAP and MYOB, as well as a channel of nearly one hundred accounting software re-sellers who sell or have sold Enprise products, throughout North America, Australasia, Africa and the UK. Enprise already has a trusted brand around the world with it’s own SME-focused re-seller channel.
As an example of Enprise’s M&A strategy; Enprise Group recently acquired Datagate Innovation which is an early-stage start-up that has built a Cloud-based multi-tenanted billing and analytic portal for Telco and Utility companies. There is huge demand for that product in New Zealand and Datagate already has a queue of local clients waiting, as well as a strategic relationship with a major New Zealand Telco. Our strategy is to prove the business model in New Zealand, establish a base of reference clients – and then take the product to the world, leveraging our international base of partners. This is a strategy similar to what Enprise followed previously with EMS-Cortex, which successfully grew its international base of Telco customers before being sold to Citrix Corporation.
When I invest, I invest predominantly in people – and I base that on their track records. I encourage potential investors to research the track record of Enprise Group and compare what was achieved in the past with what we are aiming to do in the future. We are looking to build our base of long-term investors to join us on this journey.
That is why Enprise is listing on the NZAX on Monday 1st December.
Posted in Cloud, Datagate, ERP, MYOB EXO, New Zealand IT Industry, SAP Business One, Sap Isv | Leave a Comment »
Tags: Datagate Innovation, Enprise, EnpriseGroup, EnpriseNZ, NZAX, NZX
November 18, 2014
Enprise Group and its team have a strong track record in building valuable businesses. Here are some high-profile, high-value businesses that form part of Enprise’s value-creation history.
PC Direct (1989–1998)
PC Direct manufactured, distributed and supported personal computers under its own brand in New Zealand. Its sales channel was the direct, phone-based, channel by-passing the reseller network. Growth of PC Direct to become the #1 reseller of desktop computers in New Zealand was leveraged off the company’s integrated system – linking design, inventory, production, sales, despatch, service and accounting. The systems developed by PC Direct provided one of the company’s main competitive advantages.
Enprise CEO Mark Loveys, Enprise CFO Elliot Cooper and Enprise Datagate COO Steve Southon were all members of the executive management team of PC Direct and all made significant contributions to building the automated systems of the business.
Business sold in 1996 for NZ$ 27M
Exonet (1998-2000)
Exonet was an ERP software company founded by Mark Loveys, Maurice Bryham and David McKee Wright that developed the Exonet suite of business software that is the top-selling mid-market ERP in Australia and New Zealand, owned by MYOB and known as MYOB EXO. Enprise Solutions is the top reseller of MYOB EXO in New Zealand with sales offices in Auckland, Hamilton, Wellington, Sydney and Melbourne.
Enprise CEO Mark Loveys was a founder and original developer of Exonet. Enprise CFO Elliot Cooper was CFO and a product designer. Enprise Datagate COO Steve Southon was Development Manager.
Business sold in 2000 for A$ 30M
Datasquirt (2000-2011)
Datasquirt was a Cloud software company that developed a non-voice multi-channel messaging solution for corporate contact centres. Datasquirt floated on the ASX in 2007 and had offices in Auckland, Sydney and London. The business was sold in 2011 and the remaining listed shell acquired the Enprise businesses, renaming itself to Enprise Group Ltd.
Enprise CEO Mark Loveys was a founder and original developer of Datasquirt. Enprise CFO Elliot Cooper joined as CFO. Enprise directors Lindsay Philips and Jens Neiser were directors and investors in Datasquirt.
Business sold in 2011 for US$ 12.5M
EMS Cortex (2006-2011)
EMS Cortex was a Cloud software company that was acquired by Enprise in 2006 for NZ$ 2.52M as part of an investment in Enprise by TMT Ventures. EMS Cortex created a Cloud Control Panel for provisioning Cloud Software. Key customers were Telecom NZ, Telus of Canada, Melbourne IT and other major Telcos & Hosting Companies around the world
Enprise CEO Mark Loveys and Enprise CFO Elliot Cooper were CEO and CFO respectively, while EMS Cortex was a division of Enprise.
Business sold in 2011 for US$ 11.5M
The Future
Today our focus is on building the businesses of Enprise Group, which are Enprise Solutions, Enprise Software and Datagate Innovation.
Enprise Group Ltd will be listed on the NZAX stock exchange under the code “ENS” from Monday 1st December 2014.
Posted in Cortex, Datagate, Datasquirt, ERP, MYOB EXO, New Zealand IT Industry, Sap Isv | Leave a Comment »
Tags: Datasquirt, EMS-Cortex, Enprise, Enprise Group, EnpriseAU, EnpriseGroup, EnpriseNZ, EnpriseSW, Exonet, MYOB EXO, PC Direct
April 3, 2014
Mark Loveys and Tim Mulcock
This week Enprise announced its acquisition of Datagate Innovation Limited, which is a Cloud Software Developer that specializes in on-line reporting and billing portals for Hosted Service Providers, Telco’s and Utility Companies.
Following the acquisition, Datagate’s founder, Tim Mulcock is staying on to lead Datagate in the role of Managing Director and he also becomes a significant shareholder in the wider Enprise Group.
Prior to founding Datagate, Tim was a co-founder of EMS Cortex, a global Cloud Control Panel provider for the Cloud/hosting industry – which was acquired by Enprise and subsequently sold to Citrix Corporation in 2011. Tim also has extensive industry experience, gained from working within Telecom New Zealand and also as a co-founder of Bizo – a New Zealand hosted service provider that was later sold to Orcon.
I’m enthusiastic about the synergies between Datagate and Enprise. Datagate will leverage Enprise’s extensive international contacts within the hosting industry (from our time with EMS Cortex) and also leverage our strong background in Business Management and ERP Software. Already, Datagate and Enprise Solutions are talking in unison with common potential customers.
Enprise will also benefit from Datagate’s laser-sharp industry focus on Cloud and Hosted Service Providers – which is a strong global market vertical that Enprise can apply to its international sales channel and ERP-based partnerships.
Specialisation is so important when you’re operating in the large global markets. This will be a strong new focus for Enprise.
Posted in Cloud, Cortex, Datagate, ERP, Multi-tenant, New Zealand IT Industry, Virtualization | Leave a Comment »
Tags: Citrix, Cloud, Datagate, Datagate Innovation, EMS-Cortex, Enprise, Enprise Group, EnpriseGroup, Portals, Telecom New Zealand
February 11, 2014
It was only May last year when Wellington’s economy looked so bleak that even our prime minister John Key referred to it as a “dying city”. “All you have there is government, Victoria University and Weta Workshop” he said.
From my perspective today at Enprise Solutions and the business of selling MYOB EXO business management software to a wide cross-section of medium-sized NZ businesses; Wellington’s small to medium business owners have switched on to investing for growth and I would say that they are more optimistic about the general business climate than we’ve ever seen before. The last quarter of 2013 saw Enprise sell more than three times as many MYOB EXO systems in Wellington as the same quarter the previous year. December and January were record months for new Wellington-based MYOB EXO ERP software sales, with February shaping up to look even better.
Enprise’s other New Zealand branches in Auckland and Hamilton are also experiencing an upsurge in demand now that confidence is returning to the New Zealand business climate. Businesses owners are realizing that they need to invest in putting strong operational and financial systems in place to compete and capitalize on the opportunities of a more buoyant market. There is also a strong shift towards Cloud Computing and almost half of all the MYOB EXO systems we sell are hosted in the Cloud by our associate company 2Cloud.biz.
In Australia, Enprise has offices in Sydney and Melbourne which also focus on selling MYOB EXO software to the larger local SME businesses. Australian business confidence took a hit last year before the election and we noticed a drop-off in business software investment. Following the election, we are seeing a recovery in business sentiment and we’re now very optimistic about Australian sales in 2014.
Posted in ERP, MYOB EXO, New Zealand IT Industry | Leave a Comment »
Tags: Enprise, Enprise New Zealand, EnpriseNZ, MYOB, MYOB EXO, New Zealand, SME, SME ERP, Wellington
November 22, 2013
Grayling, the world’s second largest independent PR consultancy, presently uses AccountAbility in ten countries and plans to roll it out to a further 18 countries over the next 12 months. Prior to using AccountAbility, the Grayling group of companies used several disparate systems that were not able to meet their needs.
AccountAbility delivers the functionality that Grayling requires as a global agency. The fully integrated solution facilitates the management of global business structures and includes an outstanding multi-currency capability. Eliminating the need for different systems, AccountAbility allows the company to consolidate information and report across their entire network with full reporting capabilities including job, production time, resourcing, financials and in particular profitability. The all important revenue tracker, has for the first time, given the Global CFO the ability to track global client revenues in real-time, giving him a single source of the truth.
Grayling selected AccountAbility on its strength as a vertical solution, built specifically for the marketing communications sector, as well as it being Cloud technology that meets the complex needs of a modern agency. The ease and speed of implementation was a key factor, as was the total cost of ownership. The solution offers full functionality with an intuitive interface, allowing ease of use to any level of user across the business.
I am very excited about Enprise’s investment in Accountability, as it is now a globally-proven, high-growth solution with first-mover advantage in its huge vertical market. Enprise will be working closely with Accountability in the coming years in order to help achieve the significant potential of this innovative solution.
Posted in Accountability, Cloud, ERP, New Zealand IT Industry, Project Costing | Leave a Comment »
Tags: Accountability, Cloud, Cloud ERP, Enprise Group, EnpriseGroup, ERP, Job Costing
November 20, 2013
Enprise’s Central Customer Support Team
When it comes to selling MYOB EXO business management solutions, Enprise’s strategy is to give consistent, responsive, top-quality after-sales support to our existing customers. It stands to reason that well-supported customers, who get value, return on investment and competitive advantage out of their software are far more likely to refer and recommend our services to other prospective customers. Many of Enprise’s customers have had their success stories published among our extensive list of on-line case studies.
Enprise has always had a centralized customer support team consisting of experienced, certified MYOB EXO consultants, available on-call to support our customers throughout New Zealand and Australia via our support web site, email and telephone. In addition to the centralized team, we also have experienced MYOB EXO certified consultants at each of our five branches in Auckland, Hamilton, Wellington, Sydney and Melbourne, meaning that localized and on-site support can also be provided when needed.
We believe that our dedicated, full-time support team, which is totally separate to our software implementation teams, gives Enprise distinct competitive advantage over our competitors, most of whom try to stretch their same consultants across supporting existing customers whilst at the same time implementing new systems. Enprise’s larger Trans-Tasman team also enables us to have specialists who have deep knowledge on various subject areas, such as Payroll, Human Resources, Job Costing, Inventory Planning – to name a few.
Success breeds success; Enprise’s success is built on the success of our customers.
Posted in ERP, MYOB EXO, New Zealand IT Industry | Leave a Comment »
Tags: Enprise, EnpriseAU, EnpriseNZ, MYOB, MYOB EXO
September 27, 2013
Satisfaction in a job well-done is an important part of our culture at Enprise. We like to get it right for our customers and we like to document and celebrate our customer’s successes, where they gain real value and competitive advantage out of the business systems we implement for them.
For this reason you’ll find many Customer Case Studies on each of Enprise’s web sites. We produce new customer success stories virtually every month, each telling an inspiring story of people, systems and technology addressing real-life business challenges. In my opinion, there is no better way to communicate the skills, abilities and passion of our team at Enprise, than through the words of our customers.
Long-term Enprise & MYOB EXO customer Wayne Curran of Ullrich Aluminium with Elliot, Mark & Julie of Enprise.
Posted in ERP, MYOB EXO, New Zealand IT Industry | Leave a Comment »
Tags: Enprise, EnpriseAU, EnpriseNZ
Mark Loveys 