CMOtech UK - Technology news for CMOs & marketing decision-makers

Revenue stories

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Five metrics every successful professional services firm uses to remain profitable
3 days ago
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project management
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cx
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martech
Professional services firms boost profitability through understanding core metrics as insight into these factors enables targeted improvement.
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Kyriba's Q3 2023 CIR reveals $30bn FX impact on global firms
Last week
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forex
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biotech
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financial results
Kyriba's latest CIR unveils a $30bn FX impact on 1,200 multinational firms in Q3 2023, highlighting FX's influence on revenues and cash flows.
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Commvault reports strong Q3 results with 11% revenue growth
Last week
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advanced persistent threat protection
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data management
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capital management
Data management giant Commvault reports an 11% YoY increase in Q3 total revenues at USD$216.8 million and a 17% rise in annual recurring revenue.
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News Corp Australia partners with Outbrain to refine digital content discovery
Last week
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creative technologies
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content creation
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discovery
News Corp Australia pens a notable multi-year deal with technology platform Outbrain to enhance content discovery and revenue optimisation on its digital properties.
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New Zealand enjoys 7.3% surge in digital advertising revenue
This month
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social media
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digital advertising
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nz
IAB New Zealand's Q3 2023 report reveals a 7.3% year-on-year surge in digital advertising revenues, reaching $534.8m, signalling a bright future for the sector.
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Indosat sees robust growth in all sectors during 2023
This month
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digital transformation
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it services
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data traffic
In a year marked by growth across all sectors, Indosat Ooredoo Hutchison reports significant increases in revenues, EBITDA and data traffic.
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Fortinet's Q4 financial results show promising growth for 2023
This month
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firewall
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breach prevention
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cybersecurity
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.
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Asia-Pacific IT leaders see AI boosting productivity, but face data hurdles
This month
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big data
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bi
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digital transformation
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.
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Channel Factory appoints Tom Heddon as new Head of Sales for Victoria
This month
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victoria
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miq
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leadership
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.
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Elsight reports revenue surge due to Halo demand boost
This month
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drones
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military
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revenue
Elsight reports soaring Q4/23 revenues up 256% owing to heightened demand for Halo system, boosted by repeat order influx from design-win partners.
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Cisco Systems NZ sees a 299% increase in cash and cash equivalents
Last month
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finance, leasing & rental
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pwc
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nz
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.
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archTIS reports strong Q2 results & record 1H24 performance
Last month
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bae systems
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australian government
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kpmg
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.
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Crowdsourced funding in Australia holds steady in 2023
Last month
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travel
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nsw
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software
Amidst overall funding decreases, crowdsourced funding in Australia remained steady in 2023, securing $71m for local businesses.
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Straker reports stable Q3 revenue & record gross margins
Last month
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partner programmes
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managed services
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ai
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.
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How empowering your credit control team could lead to profitable growth in 2024
Last month
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business
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strategy
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advertising
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.
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HFCL secures INR 623 crore order for Indian-made 5G gear
Last month
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analyst report
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fmi
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cagr
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.
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Blackpearl Group ARR doubles, eyes on $10 million target
Last month
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productivity
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growth
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blackpearl group
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.
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Combating cybercrime in NZ with a robust cybersecurity strategy
Last month
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malware
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ddos
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ransomware
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.
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SingPost leverages Boomi for customer onboarding in digital shift
Last month
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digital transformation
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cx
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cloud services
Singapore's SingPost has leveraged Boomi's platform in its digital transformation to quicken customer onboarding and improve delivery visibility.
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Aotearoa New Zealand sees dip in Boxing Day spending
Fri, 29th Dec 2023
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wellington
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shopping
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nz
Aotearoa New Zealand sees slight decline in Boxing Day spending in 2023, which could be disappointing for retailers, a new report reveals.
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Thai software vendor revenue grows 14.1% with AI as key driver
Thu, 28th Dec 2023
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private cloud
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contact centre
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cloud services
Thailand's software vendor revenue growth at 14.1% YoY, driven by booming AI, application platforms and cloud services adoption.
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Global GenAI investment to surge to $151.1 billion by 2027, says IDC
Thu, 28th Dec 2023
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pc hardware
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ai
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hardware
Worldwide investment in GenAI set to soar, reaching a predicted $151.1bn by 2027 according to IDC.
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monday.com reveals significant growth in partners' revenues
Thu, 21st Dec 2023
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crm
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partner programmes
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sales
Forrester study shows monday.com's partners see 100% YoY growth in service revenues and 65% ROI over three years.
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BSH Group enhances customer experience with Medallia's AI technology
Wed, 20th Dec 2023
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cloud services
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cx
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martech
BSH Group leverages Medallia's AI tech for personalised customer experiences, aiding their shift to direct-to-consumer market.