I’ve just spent a week in a swelteringly hot New Orleans at Sage’s annual conference. (Disclosure: Sage covered my travel and expenses to attend the event.) It’s actually the first time I’ve had any interaction with Sage, and it is also the first summit for its new CEO, Stephen Kelly. These two facts are likely related, and Kelly has been quick to make changes within the company, not least of which is the enhanced media and analyst outreach Sage is now making.
Sage is a strange beast. I chuckled at the summit when various people used the statistic about how many of the world’s Fortune 500 companies have ceased to be on the list in the past 10 years or so. Sage is a software monster, and has also been in existence longer than many of its customers — Sage was founded back in 1981. Is Sage on the way down like so many other old-world companies, or has it found the secret to continued success?