According to VP, Marketing, Scott Slack, Cranel is expecting 80 attendees from more than 60 partners at the two-day conference, which, as usual,concludes with an outing at the PGA's Memorial Tournament to watch the first day's pairings.
"We have changed things up a little to make the event bigger relative to our 30th anniversary," noted Slack
"It's quite a milestone and our Founder Jim Wallace
President and CEO Craig Wallace
wanted to do something to show that we appreciate the support of all our partners over the years."
was founded in 1985 as a VAD
focused on peripheral storage.
Of course, back then, document images were considered large files that required additional storage to what you'd typically find on the minicomputers of the day.
"We evolved into a VAD
for document scanners and eventually launched a service component to complement that," said Slack
"In recent years, we have been moving slowly but steadily toward
selling more software.
"Attendance will probably be about 50% traditional ECM partners, 40% OEDs, and 10% check scanner partners," said Slack
considers these partners when looking at new technologies."We assess our portfolio daily,"said Slack
is still gathering its legs as it becomes a new company," noted Slack
concluded by commenting on the slew of the M&A activity we have seen recently in the market.
"Each time something happens, we have to assess how our partners are affected," he
"We have to factor in variables like how tight we are with the acquiring company vs. the company being bought.
I think we will continue to see consolidation, both on the vendor side of things, as well as with partners
looking to get larger."
As far as Cranel
itself goes, M&A does not seem to be a strategic focus.
"But, you never say never," said Slack