Revenue stories - Page 8

Cybersecurity giant Fortinet reports encouraging Q4 2023 results with a 10.3% revenue boost to $1.42bn and a yearly income increase of 20% to $5.30bn.

Whilst 86% of Asia-Pacific IT leaders believe AI can boost productivity, Salesforce's latest research reveals that 69% of businesses may not fully capitalise on AI due to difficulties with data system harmonisation.

Channel Factory boosts its expansion in Australia and New Zealand with the appointment of media industry veteran, Tom Heddon, as Head of Sales for Victoria.

Elsight reports soaring Q4/23 revenues up 256% owing to heightened demand for Halo system, boosted by repeat order influx from design-win partners.

Cisco Systems NZ's cash and cash equivalents soared by a staggering 299% in 2023, despite a slight dip in pre-tax profits, according to the latest financial report.

Strong Q2 results and record 1H24 earnings put archTIS Limited, a secure data collaboration software firm, en route to achieving imminent revenue expansion and nearing cash flow positivity.

Amidst overall funding decreases, crowdsourced funding in Australia remained steady in 2023, securing $71m for local businesses.

Despite a slight year-on-year dip, Straker reports secure Q3 FY24 outcomes with benchmark gross margins boosted by AI-driven services, hinting at market stabilisation.

Empowering credit control teams with automation technology and a proactive involvement in strategy could fuel profitable growth for businesses in 2024, despite a gloomy economic outlook.

HFCL Limited has inked a milestone INR 623 crore deal for the supply of indigenously-made 5G networking gear, making it the first Indian company to secure such a large order.

Blackpearl Group's annual recurring revenue skyrockets by 122% to $5.5m in their latest quarter, with the technology firm setting sights on future $10m target.

New Zealand businesses grapple with cybercrime's volatile threat landscape, as incidents across various sectors showcase the dire consequences. A nuanced approach to cybersecurity strategy is vital.

Singapore's SingPost has leveraged Boomi's platform in its digital transformation to quicken customer onboarding and improve delivery visibility.

Aotearoa New Zealand sees slight decline in Boxing Day spending in 2023, which could be disappointing for retailers, a new report reveals.

Thailand's software vendor revenue growth at 14.1% YoY, driven by booming AI, application platforms and cloud services adoption.

Worldwide investment in GenAI set to soar, reaching a predicted $151.1bn by 2027 according to IDC.

Forrester study shows monday.com's partners see 100% YoY growth in service revenues and 65% ROI over three years.

BSH Group leverages Medallia's AI tech for personalised customer experiences, aiding their shift to direct-to-consumer market.

Whispir has launched two new innovative products, Whispir Transact and Whispir Off-Platform Messaging, to enhance its platform.

BillingPlatform extends its multi-year partnership with Australian software provider Class to enhance cloud-based wealth accounting services.