Based on the headlines from this week you may have determined that Murph and I spent the last 3 days at Sage Summit listening to keynote's from the leadership, talking to vendors on the show floor and we had some one on one opportunities with the leaders of Sage One, Sage Live and the Sage Accountant's Network. The entire event was very impressive, upbeat and had a vibe that made you want to learn more about what the company is up to.
If you have not followed Sage you may not be aware that they have a new CEO, Steve Kelly, who came into the position about 7 or 8 months ago. Since he moved into the position the company has been on a very aggressive product roll out strategy including a major push to the cloud without abandoning their desktop product. According to Kelly, users can choose desktop, hybrid or cloud for the foreseeable future. Not forced migration. I have no doubt of their sincerity, but you do have to wonder how a company can effectively manage three versions of every product over a long period of time, but I guess time will tell.
As we mentioned when we change our name last month, our intention is to continue to deliver the best coverage around of the QuickBooks Ecosystem while increasing our coverage of the other GL products in the marketplace. I know it may not seem that way from this week's headlines (heavy Sage focus), but you can rest assured that is our intention.
We appreciate your support and look forward to watching and reporting on the increasing competition between Sage, Xero and Intuit.