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The Sage Group plc
Type Public (LSE: SGE)
Founded Newcastle upon Tyne, England, UK (1981)
Headquarters Newcastle upon Tyne, England, UK
Key people Tony Hobson, Chairman
Paul Walker, CEO
Industry Computer software
Products Accounting,
CRM,
Varying according to country, MRP
Revenue £1,439.3 million (2009)[1]
Operating income £280.6 million (2009)[1]
Net income £189.5 million (2009)[1]
Employees 13,400 (2010)[2]
Website www.sage.com

The Sage Group plc (abbreviated Sage, LSE: SGE) is engaged in the development, distribution and support of business management software and related products and services for medium-sized and smaller businesses.[3]

The Company is listed on the London Stock Exchange and from time to time has been the only UK software company listed in the FTSE 100 Index.

The Company is also involved in a number of educational and charity initiatives such as funding of a Tyneside music venue The Sage Gateshead and partnership with Durham University Business School.

Contents

History

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Development of the business

The Company was founded by David Goldman together with Paul Muller and Graham Wylie in 1981 in Newcastle upon Tyne to develop estimating and accounting software for small businesses.[4]

While a student at Newcastle University Graham Wylie took a summer job with an accountancy firm funded by a government small business grant to write software to help their record keeping. This became the basis for Sage Line 50. Next, hired by David Goldman to write some estimating software for his printing company, Campbell Graphics, Graham used the same accounting software to produce the first version of Sage Accounts. David was so impressed he hired Graham and academic Paul Muller to form Sage, selling first to printing companies but then to the wider market through a network of resellers.[5]

In 1984 the Company launched Sage software, a product for the Amstrad PCW word processor,[4] which used the CP/M operating system. Sage software sales escalated in that year from 30 copies a month to over 300.[4] The Company was first listed on the London Stock Exchange in 1989.[4]

In 1994 Paul Walker was appointed Chief Executive. In 1998 Sage’s Professional Accountants Division was established. In 1999 Sage entered FTSE 100[4] and launched a dedicated Irish division, based in Dublin as well as its e-business strategy. In that same year the UK acquisition of Tetra saw Sage enter the mid-range business software market.[6]

In 2000 Sage shares were named ‘best performing share of the 90s’ in the UK business press.[7] In 2001 Sage acquired Interact Commerce Inc[8] and entered the CRM/contact management market and in 2002 Sage won 'Business of The Year' in National Business Awards.[9] Also that year Sage sponsored the new Music Centre in Gateshead for £6m - now known as The Sage Gateshead - the largest ever UK arts/business sponsorship.[10] By 2003 Sage was the only remaining technology stock in the FTSE 100 Index. In 2003 at age 43 Graham Wylie retired with 108.5 million shares in Sage worth £146m. He was rated Britain's 109th richest person in the 2002 Sunday Times' rich list.[5]

Operations

Founded and headquartered in Newcastle upon Tyne, United Kingdom, the company initially grew organically, but more recently has grown primarily through acquisitions. It now operates worldwide. The company's US headquarters are in Irvine, California, the Canadian headquarters are in Vancouver, Canada and the French and Continental European headquarters are in Paris, France.

Products

Sage's products include:

  • Sage 50 Accounts (Line 50) [UK]
  • Sage 50 Payroll [UK]
  • Sage 200 (MMS) [UK]
  • Sage 1000 [UK]
  • Sage Accpac ERP [Australia]
  • Sage Accpac Pro Series [Australia]
  • Sage SalesLogix [Australia]
  • Sage CRM [Australia]
  • Sage Timberline Office [Australia]
  • ACT! by Sage [Australia]
  • Sage ERPX3 [Australia]
  • Abra HRMS [US]
  • Abel Enterprise [Spain]
  • Accounts Production (Apex Accounts Production)
  • Accounts Production Advanced
  • Accpac ERP [US]
  • ACT! by Sage
  • Best Practice [Australia]
  • Billing Boss
  • BOB 50
  • BusinessWorks
  • Sage BI (IntelligentApps for Line 200, Line 500) [UK]
  • Business Intelligence Enterprise Edition
  • Classic Line
  • Construction Solutions
  • Corporation Tax (Powered by Abacus)
  • ContaPlus
  • Sage CRM (Accpac CRM, MME) [US]
  • DacEasy [US]
  • Document Manager [Australia]
  • Sage ERP X3 (Adonix) [France]
  • FacturaPlus
  • Facturfacil
  • FAS Fixed Assets [US]
  • Financial Forecaster [UK]
  • Geode X3 [Spain]
  • GS-Programme
  • HandiSoft [Australia]
  • HandiTax [Australia]
  • HandiLedger [Australia]
  • HandiRegister [Australia]
  • HandiTrust [Australia]
  • HandiAsset [Australia]
  • HandiBiz [Australia]
  • HandiSecurity [Australia]
  • Sage Instant Accounts [UK]
  • Sage Instant Payroll [UK]
  • Intelligent Reporting (IntelligentApps) [UK]
  • Intergy
  • Jehlen Manage Right package
  • Legend
  • Line 100 (Sovereign)[UK]
  • Line 200 (Sage C/S)[UK]
  • Line 500 (Chameleon, Chameleon 2000, CS/3, Enterprise)[UK]
  • Ligne 30 [France]
  • Ligne 100 [France]
  • Ligne 500 (Ciel) [France]
  • Ligne 1000 [France]
  • Logic Class
  • MainLAN
  • MAS 90 [US]
  • MAS 200 [US]
  • MAS 500 [US]
  • Master Builder [US]
  • Master Production Schedule [US]
  • Medical Manager [US]
  • MicrOpay Payroll [Australia]
  • MicrOpay Meridian [Australia]
  • MicrOpay Ingenuity [Australia]
  • MicrOpay Outsourcing [Australia]
  • MicrOpay e-HR [Australia]
  • MIP Fund Accounting
  • My Business
  • NominaPlus
  • Office Line
  • Pastel Partner [South Africa]
  • Pastel Evolution [South Africa]
  • PayPoint ePOS [UK]
  • Payroll Services
  • Sage Pocket [India]
  • PC-Kaufmann [Germany]
  • Peachtree Accounting [US]
  • PFW (Platinum for Windows) [US]
  • Practice Manager [Australia]
  • Practice Solution
  • Practice Suite [UK]
  • Premier Plus [UK]
  • Prestige [UK]
  • Pro ERP
  • ProvideX
  • PymePlus
  • SalesLogix [US]
  • Simply Accounting
  • Sage Start Up [UK]
  • SnowdropKCS
  • Take Five, Accounting & Payroll [Ireland]
  • TAS [UK]
  • Taxation
  • Tetra 2000 [UK]
  • Tetraplan [UK]
  • Timberline Office [US]
  • Timeslips
  • Time+Billing [Australia]
  • TPVplus
  • V-ISAM database
  • Wage Easy [Australia]
  • XRT Treasury [Spain]

Sponsorship

The Sage Group is a patron of The Sage Gateshead, a new Tyneside music venue designed by Sir Norman Foster.[10]

See also

References and footnotes

External links


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