TechnologyFormer Sage boss to compete against them

Former Sage boss to compete against them

Michael Jackson the former chairman of Sage is to compete against the software vendor to provide SMEs with accounting software.

Michael Jackson the former Sage chairman is to compete against the software
giant for a place in the accountancy technology market.

Jackson is preparing to take a 25%-30% stake in an AIM listed software
company to use as a means of buying other businesses – including a small
accountancy software company, the
Daily
Telegraph
reported.

Analysts have criticised Sage, saying the company has been slow to embrace
‘software as a service’ – software held on remote servers and paid for using
methods similar to utility bills.

Jackson said ‘A lot of people have been trying to write Sage off for a very
long time and they will not be able to do that, but I think the reality is
things are changing’.

Coda recently launch Coda2go, software aimed at the SME market which allows
users to pay a monthly fee for the technology.

Jackson also added that he was looking into companies that offer debt
collection, auction and e-commerce software.

Further reading:

Sage
faces challenge from its ex-boss

Sage’s
domination under threat

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