Unit4 is an Enterprise Resource Software company that designs and delivers enterprise software and ERP applications and related professional services for people in services organizations, with a special focus on the professional services, education, public services, and nonprofit sectors. It has subsidiaries and offices in 23 countries across Europe, North America, the Asia-Pacific region and Africa.
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| Company type | Private |
|---|---|
| Industry | Cloud computing software, software |
| Founded | 1980 |
Key people |
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| Products |
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| Services |
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| Revenue | €372.2 million (2019)[1] |
Number of employees | 2,600 |
| Website | www |
The company is best known for its People Experience Suite including Unit4 ERP, Unit4 Financials, Unit4 FP&A, and Unit4 Talent Management.[2] In 2015, Unit4 announced a partnership with Microsoft to build self-driving business applications on the Microsoft Azure cloud. Unit4's software is available in either cloud or on-premises setups, with support for on-premise ending in December 2024. In 2020, the company launched a Global Channel Partner Programme to aid partners in implementing Unit4 software.[3]
History
editUnit4 was founded in 1980 by Chris Ouwinga and listed on the Amsterdam Stock Exchange in 1998.[4]
In 2000, Unit4 merged with the Norwegian ERP software house Agresso Group ASA[5] and the company name was changed to Unit4Agresso.
In March 2014, Unit4 was acquired by international venture capital firm Advent International.[6]
In 2015, Unit4 rebranded its Coda financial management software package as Unit4 Financials.[7] The Unit4 People Platform was also launched in 2015 as the foundation for Unit4 business applications using Microsoft Azure technology.[7]
In April 2019, Mike Ettling, former president of SAP SuccessFactors and CEO of NGA Human Resources, became Unit4's CEO.[8]
Global growth private equity firm TA Associates announced the strategic growth buy out of Unit4 for more than $2bn in March 2021. Global private markets firm, Partners Group, will invest alongside TA.[9] In April 2021, Unit4 released ERPx, its next-generation intelligent Enterprise Resource Planning (ERP) solution[buzzword] built for mid-market, people-centric[buzzword] organizations.[10]
Acquisitions
edit| Acquisition number | Acquired company | Acquisition date | Specialty | Country of origin | Acquisition costs |
|---|---|---|---|---|---|
| 9 | Scanmarket | 2022 | Source to Contract | Denmark | |
| 8 | Compright | 2021 | Compensation Planning | San Francisco | |
| 7 | Intuo[11] | 2019 | Talent Management | Belgium | |
| 6 | Assistance[12] | 2017 | Professional Services | Netherlands | |
| 5 | Prevero[13] | 2016 | CPM | Germany | |
| 4 | Three Rivers[citation needed] | 2015 | Education | USA | |
| 3 | Prosoft[citation needed] | 2015 | HRM | Asia | |
| 2 | Teta[citation needed] | 2010 | Accounting and Services | Poland | |
| 1 | Unit4 Financials by Coda[citation needed] | 2008 | Accounting | UK | [14] |
Recognition
editIn 2023 Unit4 has been recognized as:
- One of the leaders both in the EPM, ESG and Financial Consolidation, Close Management, and Financial Reporting(FCCR) Market Studies by Dresner Advisory
- A notable vendor on Forrester’s The Environmental Sustainability Procurement Technology Landscapes Q3-2023
- A key vendor on three Constellation Research’s shortlists (Healthcare ERP, Service-Centric ERP and Enterprise Application Platforms)
- A sample vendor on two Gartner Hypecycles (ERP and Autonomous Accounting)
- A Major Player on DC MarketScape: Worldwide SaaS and Cloud-Enabled Procurement Applications 2023 Vendor Assessment
- An Exemplary Vendor in Ventana’s Total Compensation Management Value Matrix
- A Champion on both the Software Reviews’ Strategic Sourcing Quadrant and Emotional Footprint
References
edit- ^ "Unit Who? The Unit4 sleeping giant awakes". 24 February 2020.
- ^ Melissa Evatt (17 January 2023). "Unit4 launches new Marketplace platform". ERP Today. Retrieved 17 January 2023.
- ^ "Secured five-year agreement worth NOK 10 million". Finansavisen. 30 January 2023. Retrieved 30 January 2023.
- ^ Claus Jepsen (14 April 223). "How Integration-As-A-Service Could Be The Missing Link For People-Centric Organizations". Forbes. Retrieved 14 February 2023.
- ^ Steve Brooks (25 April 2023). "Unit4 opens up App Studio to customers and partners to innovate solutions". Enterprise Times. Retrieved 25 April 2023.
- ^ Islam Soliman (6 March 2023). "New CRO joins Unit4 to lead global GTM activity". IT Europa. Retrieved 6 March 2023.
- ^ a b Jochen Wießler (10 April 2023). "Digital businesses are more flexible post-lockdown than before, but there's still a lot of work to be done". Sysbus. Retrieved 10 April 2023.
- ^ "Unit4 Announces General Availability of App Studio". Emerce. 25 April 2023. Retrieved 25 April 2023.
- ^ Phil Wainewright (31 July 2023). "Unit4 CEO Mike Ettling on enterprise resilience, ChatGPT, and the BRICS effect". diginomica.
- ^ Mike Ettling (28 June 2023). "Intelligent Transformation In A Multipolar World: Why Organizational Resilience Is Critical". Forbes.
- ^ Sara Portell (20 October 2023). "Full automation: a vision of the future". ERP Today.
- ^ Claus Jepsen (26 October 2023). "Is It Time To Reconsider Your PaaS Usage?". Forbes.
- ^ Phil Wainewright (10 November 2023). "Unit4 rolls out packaged services to help its on-premise customers go cloud in the next 2-3 years". diginomica.
- ^ https://www.unit4.com/products/financial-management-software
External links
edit- Unit4 companies grouped at OpenCorporates