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Revenue news stories - Page 2

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Remote Working
Report - the role of CRM for revenue and sales teams in 2022
The report reveals new insights into how sales organisations are equipping the modern seller to be successful in remote and hybrid-selling environments.
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Cybersecurity
Cloud acceleration sees triple-digit growth for Ava Security
Cloud acceleration, product portfolio innovations, international expansion, and revenue growth highlighted another year of hyper growth for Ava.
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Cybersecurity
Increased demand for cybersecurity drives Fortinet revenue growth
Fortinet has released its fourth quarter and full year 2021 financial results, showing total revenue of US$963.6 million, up 29 per cent year over year.
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Blue Yonder
Blue Yonder sees 44% increase in Software as a Service revenue - Q4 2021 results
Blue Yonder has marked a record-breaking year with annual revenue and its customers.
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Mobile Commerce
Mobile eCommerce: In-app shopping set to reach an all-time high
In-app shopping has seen significant growth over the past year, and a new study by Adjust and Sensor Tower has predicted that based on 2020 trends, ​​this year's shopping season is set to reach an all-time high. 
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Artificial Intelligence
Gartner reveals worldwide AI software revenue to hit $62.5bn, up 21.3%
Gartner forecasts that the top five use case categories for AI software spending in 2022 will be knowledge management, virtual assistants, autonomous vehicles, digital workplace and crowdsourced data.
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Gartner
Gartner: eCommerce will soon be the most important sales channel
“Organisations with a greater level of overall eCommerce maturity were 32% more likely to report that they have exceeded their 2021 performance goals."
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IDC
IT services revenue to hit $1.1 trillion this year — IDC
Global IT and business services revenue is estimated to grow by 3.4% this year, according to new data from IDC.
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Revenue
Datacom Group profit up 84%
Leading technology company Datacom Group has nearly doubled its profit on the back of a large revenue gain driven by increasing demand for digital services.
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Remote Working
Zoom’s first-quarter financial results nearly 1 billion, up 191% year over year
Zoom’s financial results for the first quarter of 2021 have a total revenue of $956.2 million, up 191% year over year.
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Serko
Travel software firm Serko suffers sharp losses amid pandemic disruption
Travel software company Serko has posted a sharply higher loss as the pandemic grounded much of its business.
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Small Business / SMB
NZ software firm Timely snapped up by overseas buyer
Another New Zealand software firm has been snapped up by an overseas buyer.
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Cloud
Xero draws massive profits in pandemic
A solid rebound from the pandemic has delivered a strong lift in profits for accounting software firm Xero.
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Cloud
Customer churn costing Australian businesses millions, report finds
52% of sales professionals in Australia believe that their CRM systems are unfit for purpose, while customer churn is costing mid-market companies an average of US$5.5 million per year each.
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Revenue
IT consulting services revenue to hit US$100bn mark by 2024
"Despite the negative impact of the COVID-19 outbreak, APAC might be quicker to bounce back compared to other regions owing to agile delivery and support capabilities to the global enterprises.”
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Analytics
Why embedded analytics is critical for APAC businesses
sing Embedded analytics is a great way to make sure that everyone in your organisation is following the same process and making smarter data-driven decisions.
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Cloud
China to hit US$63.7bn in cloud computing revenue by 2024, dominating APAC market
China is set to dominate Asia Pacific (APAC) cloud computing market revenue in the lead up to 2024, with one-third revenue market share, according to GlobalData’s Market Opportunity Forecasts Model.
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Cloud
Microsoft commercial cloud revenue up 30%, bigger than Google and IBM combined
For the first time this year, annual commercial cloud revenue exceeded $50 billion.
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Revenue
Spark achieves annual revenue growth, despite COVID-19 challenges
“It is a credit to Spark's people that we have delivered such a strong result, with growth on nearly all key metrics, despite the impact of COVID-19 in the final quarter."
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Cloud
Acer NZ reports decreased revenue but boosted profits for FY19
The dip in yearly revenue was offset by an 89% increase in operating profit, increasing from $232,344 in FY18 to $440,741 the following year. 
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Revenue
Kingsoft reports rise in revenue during 'turbulent' time
"Looking ahead, we see a clear momentum of growth across all our business segments driven by increasing customer demand. We are confident to meet our performance targets in the coming year and create long-term value for our shareholders."
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Customer
Denodo reports customer and revenue wins for 2019
Denodo, the data virtualisation provider, has experienced worldwide growth in 2019 thanks to strong year-end momentum and quality customer interactions.
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Fibre
R&M announces sales are up, but profit is down for 2019
R&M has announced it has experienced increased sales in 2019, reaching CHF276.7 million, with sites now in the US East Coast and China.
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Cloud
Medius achieves revenue and customer wins for 2019
Medius, the global provider of cloud based source to pay solutions, has released details of its 2019 financial results, which displayed positive growth for the company.