logo
SYSPRO Partners with Versori to Unlock Smarter, Faster, AI-powered Enterprise Data Integrations for Manufacturers and Distributors

SYSPRO Partners with Versori to Unlock Smarter, Faster, AI-powered Enterprise Data Integrations for Manufacturers and Distributors

Cision Canada2 days ago
Partnership enables SYSPRO customers to reduce integration complexity, go to market faster, and unlock new revenue - while accelerating SYSPRO's shift to a cloud-first, AI-enabled future for digital manufacturing and distribution
TUSTIN, Calif., July 24, 2025 /CNW/ -- SYSPRO, a global software provider for the manufacturing and distribution industries, today announced a strategic partnership with Versori, an innovative UK-based provider of AI-driven integration platforms. This collaboration marks a major step in SYSPRO's vision to become the most connected and agile ERP provider in the mid-market, enabling rapid deployment of integrations and unlocking scalable innovation across its customer and partner ecosystems.
Through Versori's agentic integration platform, SYSPRO will launch an initial 25 pre-built, production-ready integrations over the next six months. These will span key vertical systems in logistics, eCommerce, CRM, HCM, and PLM. All integrations will be easily accessible via the new SYSPRO Connector Marketplace, offering customers a 'plug-and-play' experience with the ability to trial solutions before deployment. By removing the complexity and cost typically associated with ERP integrations, this strategic partnership gives SYSPRO customers the ability to streamline operations, reduce implementation timelines, and bring solutions to market faster.
In addition to accelerating SYSPRO's connector library, the partnership brings dramatic efficiency to custom integrations. Leveraging Versori's AI tooling, SYSPRO and its partners can now deliver bespoke integrations in days, not months. This not only increases time to value for customers but also positions SYSPRO as a leader in integration speed and flexibility within the ERP space.
"This partnership brings a powerful enhancement in capability to our customers and partners," said Jaco Maritz, CEO of SYSPRO. "With Versori's platform and AI expertise, we're enabling rapid, scalable integrations that align with our vision for a cloud-first, AI-powered ERP. It will allow customers to innovate faster and our partners to drive greater value for their customers at high speed."
The partnership strengthens SYSPRO's strategic direction under Advent's ownership, complementing its recent acquisitions of riteSOFT and NexSys. Together, these moves reinforce SYSPRO's commitment to digital transformation, operational scale, value realization and market leadership through targeted innovation.
"We've built Versori to power the next generation of enterprise integrations," said Sean Brown, CEO and Founder of Versori. "SYSPRO is the ideal partner: forward-thinking, globally scaled, and committed to unlocking value for customers through automation and connectivity. We're excited to accelerate their journey toward an intelligent, integrated future."
In closing, Leanne Taylor, Chief Revenue Officer of SYSPRO said" At SYSPRO, we're relentlessly focused on helping our customers and partners unlock growth and agility. This partnership with Versori is a game-changer. It eliminates long-standing integration bottlenecks, opens new revenue opportunities, and drastically improves speed to market. It's a bold step forward in delivering the connected, AI-powered enterprise our industry demands."
About Versori
Versori is a leading innovator of AI agentic integrations and automation solutions, specialising in complex, niche projects so that customers can overcome traditional barriers of integration. Founded in 2023, Versori has become a pioneer in AI adoption within the integration space, powering customers in a range of industries, including manufacturing, distribution, retail, supply chain and more. Versori is focused on providing digital transformation capabilities to its customers and partners, and continues on its mission to truly disrupt and change the way that integrations are considered and built across industries.
About SYSPRO
SYSPRO is a leading, global software provider specializing in key manufacturing and distribution industries. For over 40 years, SYSPRO's team of specialists has continued to address unique industry needs and enable customers to easily adapt and grow. The solution is scalable and can be deployed in the cloud, on-premises, or both, and accessed via the web on any device to provide customers with choice and flexibility.
SYSPRO remains focused on the success of partners and customers. Our evolving solutions are aligned with industry trends to leverage emerging technology that will enable partners and customers in securing a digital future.
With more than 16,000 customers in over 60 countries across six continents – SYSPRO offers guidance and support every step of the way as a trusted digitalization partner.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Flutter Entertainment Advances Share Buyback Program
Flutter Entertainment Advances Share Buyback Program

Globe and Mail

timean hour ago

  • Globe and Mail

Flutter Entertainment Advances Share Buyback Program

Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Flutter Entertainment PLC ( (FLUT)) just unveiled an update. Flutter Entertainment PLC announced the acquisition and subsequent cancellation of its ordinary shares as part of a share buyback program. This initiative, which aims to repurchase up to $225 million worth of shares by September 30, 2025, is part of a larger $5 billion buyback plan announced in 2024. The buyback is expected to enhance shareholder value and optimize the company's capital structure. More about Flutter Entertainment PLC Flutter Entertainment PLC is a global sports betting and gaming company. It offers a wide range of products and services, including online sports betting, gaming, and entertainment solutions. The company operates in various international markets, focusing on delivering innovative and engaging experiences to its customers. For an in-depth examination of FLUT stock, go to TipRanks' Overview page.

KEENON Debuts First Bipedal Humanoid Service Robot at WAIC, Showcasing Role-Specific Embodied AI Solutions
KEENON Debuts First Bipedal Humanoid Service Robot at WAIC, Showcasing Role-Specific Embodied AI Solutions

Cision Canada

time3 hours ago

  • Cision Canada

KEENON Debuts First Bipedal Humanoid Service Robot at WAIC, Showcasing Role-Specific Embodied AI Solutions

SHANGHAI, July 26, 2025 /CNW/ -- The world premiere of KEENON Robotics' bipedal humanoid service robot, XMAN-F1, takes center stage at the World Artificial Intelligence Conference (WAIC) 2025 in Shanghai from July 26 to 29, where the pioneer in embodied intelligence showcases its latest innovations on the global stage for breakthrough AI advancements. Transforming its showground into an Embodied Service Experience Hub, KEENON immerses visitors in three interactive scenarios—medical station, lounge bar, and performance space—highlighting how embodied AI solution is actively reshaping future lifestyles and industrial ecosystems. At the event, XMAN-F1 emerges as the core interactive demonstration, showcasing human-like mobility and precision in service tasks across diverse scenarios. From preparing popcorn to mixing personalized chilled beverages such as Sprite or Coke with adjustable ice levels, the robot demonstrates remarkable environmental adaptability and task execution. Scheduled stage appearances feature XMAN-F1 autonomously delivering digital presentations and product demos, powered by multimodal interaction and large language model technologies. Its fluid movements and naturalistic gestures establish it as the primary focus of attention, with visitors gathering to witness its engagement live. The demonstration spotlights further multi-robot collaboration in specialized environments. At the medical station, the humanoid XMAN-F1 partners with logistics robot M104 to create a closed-loop smart healthcare solution. The bar area features a highlight collaboration with Johnnie Walker Blue Label—the world's leading premium whisky—where robotic bartenders work alongside delivery robot T10 to craft and serve bespoke beverages. The seamless multi-robot integration not only enhances operational efficiency but signals the dawn of robotic system interoperability, moving far beyond single-task automation. According to IDC's latest report, KEENON leads the commercial service robot sector with 22.7% of global shipments and holds a definitive 40.4% share in food delivery robotics. At WAIC 2025, the company reinforces its market leadership while presenting its ecosystem-based strategy for cross-scenario embodied intelligence solutions. Looking ahead, KEENON will continue driving innovation in embodied intelligence, combining cutting-edge R&D and global partnerships to unlock the full potential of 'Robotics+' applications worldwide.

Warpath to profitability?
Warpath to profitability?

Winnipeg Free Press

time5 hours ago

  • Winnipeg Free Press

Warpath to profitability?

Opinion The defence industry is often overlooked by investors. It's perceived as boring compared with technology or worse, it's just an unethical way to put profit in the portfolio. Since the February 2022 invasion of Ukraine by Russia, however, the defence industry has drawn significant investor interest. Notably, the perception has changed. That includes some of those who might have felt investing in defence was distasteful; they now see it as a needed buttress against rising authoritarianism. Of course, another shift is financial — based on the forecast injection of hundreds of billions of dollars in additional spending by NATO members. Pexels NATO members (including Canada) are forecast to invest hundreds of billions of dollars in additional annual spending in defence in the years to come. Canada alone is expected to increase military spending about $70 billion annually to meet its most recent defence commitment of five per cent of gross domestic product. The big question for many intrigued investors is whether they've already missed the warship. 'Our view is that type of information gets incorporated into market prices really quickly,' says Ben Felix, chief investment officer with PWL Capital in Ottawa. 'The implication of that is by the time you read about it in a Free Press article, any advantage that you may have got by investing in that theme is already gone.' That said, the defence industry landscape and recent performance are still of interest to inquisitive investors who might consider putting their money to work when prices pull back periodically. For the time being, however, many defence company share prices have hit lofty heights, including a handful of Canadian firms such as satellite technology company MDA Space Ltd. Its share price is up more than 50 per cent year to date. As well, aerospace company Bombardier's share price 'has almost doubled in recent months, so obviously, all of the talk that has been going on is certainly helping,' says Brian Donovan, New Brunswick-based president of provider of valuation models for investors. 'It tells you that there is an interest shift into this space.' StockCalc tracks performance of thousands of North American equities, including about eight Canadian firms with defence industry revenues. One even has a footprint in Winnipeg: Magellan Aerospace Corp., which makes components for military aircraft. Its share price is up more than 80 per cent YTD. If those gains sound lofty, consider some firms listed in the United States and Europe. Notably, artificial intelligence firm Palantir is up 106 per cent this year. Even more impressive, its share price is up nearly 1,600 per cent over the last five years. A key driver is its defence contracts with the U.S. and partnerships with other technology and manufacturing companies involved in defence. That includes L3 Harris Technology, which, like Palantir, operates in many industries. Its drone technology business is a big defence revenue driver. (That said, its share price growth YTD is much less than other defence stocks.) In Europe, the most notable defence growth story is manufacturing conglomerate Rheinmetall AG. Among the many defence technologies it manufactures are Challenger and Leopard tanks. Its share price is up about 200 per cent YTD, and more than 2,000 per cent in the last five years. The big driver is Germany planning to spend more than a trillion dollars on defence in the next five years. That investors are now turning onto the defence sector is understandable (given the headlines) and somewhat ironic at the same time because it has not been a lacklustre industry for long-term performance. Publicly traded companies involved in the U.S. defence industry have collectively provided returns on an annual basis that have outpaced the S&P 500, says Scott Sacknoff, manager of the SPADE Defense Index in Washington, D.C. 'There is a long history of defence outperforming.' And it very well could continue to outperform, given the U.S. defence budget is expected to surpass US$1 trillion annually for the first time in history, he adds. If anyone has deep knowledge of the defence sector, it's Sacknoff. The SPADE Index, which he manages, consists of leading U.S.-based defence companies and has outperformed the S&P 500 by roughly more than 1,000 basis points (or 100 percentage points) over the last 25 years. Yet until Russian President Vladimir Putin decided to invade Ukraine in 2022, defence was a profitable but sleepy market corner. The explosion in defence spending has changed that, leading to greater investment and even a rush of new investment products, notably exchange-traded funds (ETFs). Prior to 2022, investors largely had three ETFs to choose from, including one of the longest running: Invesco Aerospace & Defense ETF. For investors looking for exposure, the Invesco product is worth a look. Since launching in 2005, it has had steady growth. Investment data firm Morningstar data shows US$10,000 invested in 2005 would be worth nearly US$120,000 today. In turn, the ETF has Morningstar's highest rating. Sacknoff notes the ETF's performance is driven by the underlying SPADE index, which uses a modified market cap weighting to address the downsides of passive investing that lead to over-concentration in overvalued stocks. 'In simplest terms, this involves ensuring that large companies aren't too large, and small companies aren't too small.' He adds the index's annualized return over 15 years is 17 per cent. 'You have never lost money in any product tracking our index if you invested and held onto it for at least three years.' Yet one might ask, would that still hold true today? 'The big question is whether earnings and revenues will catch up to the high valuations,' Sacknoff says. Only time will tell. Yet not all companies on the index are surging in price, including Lockheed Martin, manufacturer of the F-35 fighter that Canada and other NATO countries have contracts to buy. Its share price is actually down slightly this year. Wednesdays A weekly dispatch from the head of the Free Press newsroom. What's more, U.S. President Donald Trump's scattershot economic policy is likely to lead to downside market volatility, presenting buying opportunities for defence companies. Yet their long-term tailwind is likely not going away soon. For the time being, however, this high-flying sector seems more of a minefield than a warpath to profitability. Joel Schlesinger is a Winnipeg-based freelance journalist joelschles@

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store