Sage introduces Sage Business Cloud

Singapore – Oct. 25,
2017 – Sage,
the market leader in cloud business management solutions with 3 million global
customers, today unveiled Sage Business Cloud. Built to respond to the demands
of modern companies, this solution is designed to be the only cloud platform that
businesses will ever need. Sage Business Cloud offers a powerful set of cloud
products for small business Accounting and advanced Financial Management to
industry specific Enterprise Management software. Customers can join the
platform at any stage of their business journey, and continue to grow as
company needs evolve.

“Sage Business Cloud
is the next transformative wave of business software. As the fourth industrial
revolution continues to take hold, we want to make our customers lives simple.
Businesses of all shapes and sizes need products that aid productivity, enable
them to respond at lightning speed and deliver insights as well as opportunity.
We have our foot on the gas and are ready to meet the needs of the most
important people to our business – our customers. And we are just getting
started,” said Stephen Kelly, CEO, Sage.

Sage Business Cloud is
purpose-built to support the next generation of business, and features a set of
core products—including Accounting, Financials, Enterprise Management, People,
Payroll, Payments and Banking—designed to meet the complex needs of every
company. Sage Business Cloud users will also have access to a comprehensive
marketplace of add-on applications to create the complete solution that meets
their unique business needs.

According to the Gartner Magic Quadrant for
Cloud Core Financial Management Suites for Midsize, Large and Global
Enterprises[1] “the market
for core financial management suites has been static for many years. However,
over the last 12 to 18 months, cloud core financial management suites have
matured to such an extent that they have disrupted this static market. This
reflects the increasing prevalence of postmodern enterprise resource planning
strategies. Postmodern enterprise resource planning is the deconstruction of
suite-centric, monolithic, on-premises enterprise resource planning deployments
into loosely coupled applications, some of which can be domain suites (such as
core financials or HCM) or smaller footprint applications that are integrated
as needed.”

Sage is committed to
providing a unified set of solutions that ensure long-term customer success.
Broadening customer offerings and supporting end-to-end business management,
the company recently acquired Intacct (for cloud Financial Management
Solutions), Fairsail (for Human Capital Management) and Compass (for analytics
and benchmarking).

In addition, the Sage
Business Cloud platform will benefit from the latest advances in artificial
intelligence and machine learning to help businesses increase productivity and
efficiency.

Kriti Sharma, VP of
Artificial Intelligence at Sage said, “Artificial Intelligence is already helping
us in our everyday lives by reducing the burden of administrative tasks and
enhancing the performance of the workforce. Today, we are embedding AI and
Machine Learning into Sage Business Cloud, so users can increase productivity
at any point in the business journey.”

Robin Chao, Vice
President and Managing Director of Sage Asia, added, “Cloud should no longer be
viewed as an emerging technology. Cloud has been proven to reduce costs and
improve efficiency, in an increasingly
digital economy. At
Sage, we want to make sure that businesses here in Singapore are equipped with
the right tools and expertise, to make the most of the opportunities
available.”

Sage
Business Cloud will be available for new and existing customers
in US, Canada and UK countries from 10th October with further global roll out
planned for this year and next.

*Gartner, Magic
Quadrant for Cloud Core Financial Management Suites for Midsize, Large and
Global Enterprises, Nigel Rayner | Robert P. Anderson | John E. Van Decker,
June 19, 2017.

== Ends ==

 About Sage

Sage (FTSE: SGE) is the
global market leader for technology that helps businesses of all sizes manage
everything from money to people – whether they’re a start-up, scale-up or
enterprise. We do this through Sage Business Cloud – the one and only business
management solution that customers will ever need, comprising Accounting,
Financials, Enterprise Management, People & Payroll and Payments &
Banking.

Our mission is to free
business builders from the burden of admin, so they can spend more time doing
what they love – and we do that every day for three million customers across 23
countries, through our 13000 colleagues and a network of accountants and partners.
We are committed to doing business the right way, and giving back to our
communities through Sage Foundation.

[1] Rayner, N., Anderson, R. P., Van Decker, J. E. (2017). Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises (G00318580). Stamford, Conn: Gartner Inc.