The VAR Guy

Openbravo, maker of open source ERP (enterprise resource planning) and POS (point of sale) platforms, has landed $12 million in new funding. Openbravo’s new funding reinforces growing interest in open, easily customized alternatives to entrenched giants like Oracle and SAP. The VAR Guy traded email with Manel Sarasa, CEO of Openbravo, for his thoughts on the funding. Here’s a look at the email exchange.

Ouch. The VAR Guy spotted some troubling news about tech spending within the retail vertical. ScanSource, which distributes point of sale and barcode technology, released disappointing quarterly estimates this morning. For VARs serving the retail vertical, this could be a major warning sign.