The editors at Solutions Review have curated this list of the most noteworthy WorkTech news from the week of August 5th. This roundup covers announcements and updates from companies like Accelalpha, Frontera Consulting, ECI Software Solutions, and Rootstock Software.
Keeping tabs on the most relevant ERP and BPM news can be time-consuming. As a result, our editorial team aims to summarize the week’s top headlines in the enterprise technology marketplace. The Solutions Review editors will compile a weekly roundup of vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy WorkTech information.
Top WorkTech News from the Week of August 5th, 2022
Accelalpha, an Oracle Cloud Consulting Services provider, has announced that it has completed its merger with Frontera Consulting, a global technology consulting service provider. The merger will help both companies expand the reach of their Oracle Cloud consulting services, broaden their industry expertise, and improve their solution delivery capabilities. The two brands can provide customers with services and implementation support for Oracle’s ERP, EPM, HCM, WMS, OTM, PPM, CX, GTM, and SCM application suites.
ECI Software Solutions, a cloud-based business management solution provider, has launched a new platform for manufacturers in the government aerospace and defense markets. The unified, cloud-based solution, M1 ITAR, will help manufacturers remain compliant with the International Traffic in Arms Regulations (ITAR), avoid the disruptions involved in compliance failure, maintain relationships with industry partners, expand business capabilities, and maintain their data in a secure cloud environment.
Rootstock Software—a cloud-based ERP software provider for supply chain, manufacturing, and distribution companies—has been acquired by Gryphon Investors, a middle-market private equity firm. Salesforce Ventures and the company’s management team also re-invested in the transaction alongside Gryphon. As part of the investment, David Stephans, a Rootstock executive with a nine-year tenure at the company, has been named CEO, while company founder Pat Garrehy will join the Board of Directors. The acquisition will help Rootstock accelerate its global growth.
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