Randy Scasny

Last week’s announcement by marchFIRST of a strategic relationship with SAP AG (NYSE: SAP) was good news for the troubled eBusiness builder. Yet, what marchFIRST needed more than a partner who could promise new business, was one that could help it fill its $100 million cash hole. A partner who was bold, daring and willing […]

Considering that Xpedior’s major stockholder and revenue provider, PSINet, is presently seeking to dispose of the e-Business provider’s shares, and even sell its own, to deal with finanical problems associated with its ill-timed venture into e-Business, the future was looking fairly gray for Xpedior, especially after posting a disappointing 3Q. But today, it found a […]

Internet consulting firm marchFIRST Inc. announced that it is cutting its workforce by 10 percent, or about 1,000 employees, as it tries to cut costs in the wake of a declining market. The Chicago-based company said it expects to save about $100 million annually from the job cuts, starting in 2001. “We’re in a very […]

Financial business service provider FiNetrics Inc. announced a global agreement with IBM (NYSE: IBM) to jointly market and deliver FiNetrics’ AccountingSource worldwide. FiNetrics’ AccountingSource is the first comprehensive financial services solution for emerging and medium-sized businesses that integrates a mySAP.com-based Internet accounting application with financial outsourcing services powered by Arthur Andersen. The joint relationship is […]

Chicago-based DigitialWork.com has a great business model–it helps small businesses grow by simplifying the execution of more than 30 critical business functions online. But last May, during this year’s outbreak of the dotcom flu, it postponed its IPO. In July it reorganized and made staff reductions. Call them momentary setbacks. It recently stepped forward in […]