Konica Minolta Sells Off Enterprise Resource Planning Business
On June 24th, Konica Minolta Business Solutions U.S.A. announced it had sold its Enterprise Resource Planning (ERP) business to Avaniko Technologies (Avaniko), a SAP Business One Gold Partner and provider of digital transformation technology for small and mid-size businesses (SMB). It did disclose the purchase price.
Konica Minolta began offering the service in 2018 after its acquisition of MWA Intelligence, Inc. (MWA), a SAP Business One partner that had developed an ERP platform for the imaging channel, called Forza. Konica Minolta said it purchased MWA to provide its dealers with a true ERP platform.
The firm also said that while opportunities for this service continue to grow, Konica Minolta has chosen to narrow its scope and appoint a partner that can provide even better resources and technologists to further the platform. It says dealers offering the ERP solutions services will be able to leverage even greater strengths by using a new company with advanced technological SAP capabilities.
Effective July 1st, Konica Minolta U.S. ERP customers will be transitioned to Avaniko.
“Konica Minolta U.S. invested in the ERP business system as part of an ongoing commitment to provide our dealer partners with access to the best technology, while also enabling continual transformation in the imaging channel,” commented Sam Errigo, president and CEO of Konica Minolta Business Solutions U.S.A. “Over the last few years, we have continued to refine our go-to-market and investment strategy to best serve our dealer and direct channel customers. At this junction, we believe Avaniko is better staffed and suited to continue the ongoing development and support for the Forza platform. We are confident in Avaniko’s expertise in tailoring solutions for our industry, and believe their team will provide a seamless transition for our customers.”
“At Avaniko, we excel in building industry specific solutions, which seamlessly integrate with SAP Business One as digital core,“ commented Gary Shergill, CEO of Avaniko. “My vision is to transform the imaging vertical with SAP’s best practices and Intelligent solutions to adapt to their dynamically changing industry needs. Our philosophy, ‘begin with the end in mind,’ has been the cornerstone of our success for all ERP Projects and improved customer experience.”
More Resources
- May 2024: UBEO Acquires Konica Minolta Dealer
- May 2024: Konica Minolta Reports on Recycled Plastic Development with NEC
- May 2024: Konica Minolta Posts Profit Growth – But Lowers Forecast
- May 2024: Konica Minolta Announces Executive Leadership Changes
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