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Financials news stories - Page 2

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Artificial Intelligence
AI revolutionising insurance and finance services in New Zealand
Artificial Intelligence is said to be one of the most revolutionary forces for the insurance and financial trades in New Zealand, according to a new report by the AI Forum of New Zealand.
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Apptio launches new Insights and Action Plans solution
Apptio has launched ‘Insights and Action Plans’, a new solution that notifies users of opportunities for optimisation, areas of hidden spend, variance from forecast and more.
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Spark lifts earnings on the back of mobile, wireless, cloud services
The telco's continued improved performance was founded on a clear strategy with strong execution and greater customer focus.
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Human capital management / HCM
Why data is the key to Finance/HR collaboration
Looking at a key part of the digital transformation puzzle for large organisations.
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Financial results
Talent revenue goes up after a strong financial year
“We have seen strong growth across all A/NZ branches, with both permanent and contract revenue significantly exceeding budget."
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Network Infrastructure
Genesys PureCloud generates triple-digit revenue growth year on year
In Australia and New Zealand, the company boosted PureCloud revenue by nearly 100%.
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HPE announces financial results for the fourth quarter of 2018
“As we close my first fiscal year as CEO, I am incredibly proud of where we stand in the marketplace."
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The four crucial skills the CFO of tomorrow must have
“Tomorrow’s CFO could have a background in engineering, sales, production, or data science.”
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Digital Transformation
Concur explains how CIOs can gain quick wins in financial transformation
Concur has come up with three important questions (including a breakdown of each one) CIOs should ask their teams to get a quick win.
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Datatec to 'streamline' Westcon International business
Westcon International's operations are to be streamlined as parent company Datatec focuses on improving the disties financial performance.
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TechnologyOne wins $7 million federal contract for SaaS deployment
The Department of Industry, Innovation and Science (DIIS) is the second shared service hub to partner with TechnologyOne.
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Exclusive Networks
Strong local growth driving new vendor opportunities for Exclusive
Strong growth in Australia and New Zealand is allowing Exclusive Networks to test new vendors, without reliance on their incremental revenue.
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Distribution Central
Solid results for Arrow ECS post Distribution Central buy
Arrow ECS New Zealand has recorded solid results for the six months to 31 December.
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Revenue down, but gross profit up for Westcon-Comstor APAC business
Westcon-Comstor’s Asia Pacific business has logged a $17m drop in revenue for the H1 of this financial year, but managed a $1.6m profit increase.
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Noel Leeming
'Outstanding' results for Noel Leeming as Warehouse Group transforms
Noel Leeming has delivered another year of ‘outstanding’ results as parent company The Warehouse Group looks to digitally transform.
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Nutanix revenue soars in first year as public company
Hyperconverged pioneer Nutanix has seen revenue growth of 72% for its first year as a public company - but the losses keep coming.
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Tech Data
Rebate woes hit Tech Data profits, despite sales boost
Tech Data has recorded a solid increase in net sales on the back of its Technology Solutions acquisition, but weaker than expected profits for Q2.
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Fujitsu NZ slumps into red despite revenue increase
Fujitsu New Zealand has plunged into the red with a $603,000 loss for the latest financial year, despite recording an increase in revenue.
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Hills to return to profit next year, takes control of supply chain
Hills expects to return to profitability in the next financial year, and will take full control of its supply chain from early next year.
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Internet of Things
Solid growth for Dicker Data business, but restructure ahead for NZ
Dicker Data has posted solid revenue growth of 7.1% for the first six months of 2017, as it looks to SaaS and IaaS and specialisation to drive growth.
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Updated: Westcon-Comstor NZ business drops into the red
'Significant' investments in the local market and a decline in revenue have seen Westcon-Comstor's Kiwi business slump into the red.
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Data#3 joins billion dollar club - and posts record profit
Data#3 has joined the $1 billion club, clocking up revenue of $1.1 billion for the year ended 30 June – and posting a record profit to boot.
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Public cloud subscription growth driving Rhipe revenues
Demand is moving from private cloud to public cloud, with Rhipe reaping the benefits in its latest financials.
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'Disappointing' Kiwi results lead to improvement strategy for JB Hi-Fi
JB HiFi says it is finalising a two year strategy to improve its performance in the NZ market following ‘disappointing’ financial performance here.