intuit reported profit of $2.97 a share on sales of $2.18 billion, Mountain View, California-based Intuit said yesterday. That compares with analysts’ average projection for earnings of $2.93 a share on revenue of $2.17 billion, according to data compiled by Bloomberg.
Intuit’s new structure becomes effective Aug. 1 in conjunction with the company’s new fiscal year. It includes six go-to-market business units reporting to the chief executive officer. The business units and leaders are:
Intuit hosts this event every year so people can come in and look at not only current products but those which are in their testing labs for potential future release.
Last year’s event was a great opportunity to look at many of Intuit’s technology projects – especially interesting where their mobile payments project and their Brainstorm group collaboration application which at the time was in testing but subsequently saw a release (and un-release) to the public in August 2011.
I’m looking forward to attending again to take another look at the technologies that Intuit is working to bring to the marketplace.
See more than 20 innovations, including recently launched products, in-market experiments and early prototypes for consumers, small businesses and those who serve them. (We’ll have cocktails and appetizers to help you unwind after a long day.) Hear perspectives, predictions and customer insights from CEO Brad Smith, founder Scott Cook, chiefs of technology, innovation, data and business unit executives. Learn how Intuit’s product managers and engineers are uncovering and solving complex problems to improve our customers’ financial lives.
I hear that SAP’s Atlanta based Sr. Channel Development Manager, SAP Business ByDesign Dawn Jaeger left SAP as of about a week ago. In her capacity with SAP she was tasked with recruiting partners to represent SAP’s relatively new ByDesign SaaS offering.
Prior to joining SAP Dawn was with Infor and Navision in similar capacities.
She reportedly made the announcement channel-wide although her LinkedIn profile still indicates she is with SAP.
According to two sources she may not be the last of SAP’s North American ByDesign channel team to depart – though their destination is not yet known. [Read more…]
Looks as if there’s a change in the works at Intuit as Director of Solutions Provider Program BJ Shaknowski notifies the channel that as of June 3 he’s taking off for an unspecified position with “a firm outside of our category that represents an enormous business challenge and opportunity…”.
BJ had been with Intuit for a little over 3 years and prior to Intuit he worked at Sage Software as described in this bio from a recent Scaling New Heights conference.where he delivered the keynote address.
BJ joined Intuit in 2008 to lead Intuit’s Mid Market and Retail Solution direct and channel sales teams. In 2009 he transitioned into a new role where he is responsible for the overall development and execution of the company’s newly consolidated solution provider channel strategy. Before joining Intuit, BJ held several senior positions at Sage Software including leading sales operations and strategy, M&A and North American customer migration. He held senior sales leadership positions with New Horizons Computer Learning Centers where he oversaw enterprise sales to the Fortune 500 and with Knowledge Alliance, a VC funded technology training firm, where he helped build the sales organization from the ground up. BJ spent eight years serving in the United States Marine Corps Reserves in the infantry and is an active marathoner and Ironman triathlete. He holds a BA from the State University of New York at Geneseo and a MBA from The University of Georgia’s Terry School of Business.
Full goodbye and farewell after the break
By most accounts the outage lasted at least 36 hours.
Repors say it took down some of Intuit’s corporate sites as well as reportedly some of their accounting offerings such as TurboTax Online, Quickbooks Online, Quicken and Quickbase.
Customers are understandably upset. And Intuit’s not the first publisher to have a prolonged data outage. Google, Twitter, Sage – and others have them.
When outages happen other publishers tend to keep quiet about them and not criticize a competitor because they know their turn for an outage could arrive tomorrow.
What’s remarkable about Intuit’s response to the outage is two things. They didn’t use a PR flack to deliver a boilerplate apology (see Apple’s iPhone 4 order snafu apology for a good example of what that looks like)
This morning I noticed something about their apology that I’ve rarely seen a software publisher do.