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Financial results Stories - Page 24

Global Stories

Financial results stories

Strong fourth quarter for Zoom in wake of COVID-19 crisis
Unified Communications

Strong fourth quarter for Zoom in wake of COVID-19 crisis

Zoom's Q4 2020 financial results show total revenue of $882.5m, up 369% YoY, as it responds to increased demand during the pandemic.

By Shannon Williams • 5 min read • Tue, 2nd Mar 2021
Customer churn costing Australian businesses millions, report finds
Customers

Customer churn costing Australian businesses millions, report finds

Lack of visibility into customer data is costing businesses millions and fueling a customer relationship crisis, says SugarCRM.

By Catherine Knowles • 3 min read • Mon, 22nd Feb 2021
Veeam reports growth as demand for modern data protection increases
Virtualisation

Veeam reports growth as demand for modern data protection increases

Veeam Software reports substantial growth in fiscal year 2020, with annual recurring revenue up 22% YoY and 400,000 customers.

By Shannon Williams • 5 min read • Fri, 12th Feb 2021
COVID-19 causes significant jump in enterprise software acquisitions
Supply Chain

COVID-19 causes significant jump in enterprise software acquisitions

The total transaction value disclosed across all deals in the space was also significant, reaching $112 billion - the highest amount on record.

By Catherine Knowles • 3 min read • Fri, 22nd Jan 2021
NEC snaps up Avaloq, moves further into digital finance field
Digital Signage

NEC snaps up Avaloq, moves further into digital finance field

NEC acquires Swiss digital banking firm Avaloq, aiming to accelerate long-term growth and global expansion strategy.

By Catherine Knowles • 4 min read • Fri, 25th Dec 2020
Why automating the finance function is critical for future growth
Financial Systems

Why automating the finance function is critical for future growth

Mid-market organizations express greatest dissatisfaction with accounting and finance functions, due to manual processes and lack of automation, says survey.

By Claudia Pirko • 4 min read • Fri, 27th Nov 2020
Workday releases its Q3 2021 financial results
Workday

Workday releases its Q3 2021 financial results

As a result of the strong showing, the company says it raising its fiscal 2021 subscription revenue guidance to a range of US$3.773 billion to $3.775 billion.

By Staff Writer • 3 min read • Thu, 26th Nov 2020
IT consulting services revenue to hit US$100bn mark by 2024
Financial results

IT consulting services revenue to hit US$100bn mark by 2024

APAC consulting services revenue expected to reach $100bn in the next few years, with system design and integration leading the market.

By Catherine Knowles • 2 min read • Tue, 24th Nov 2020
Lenovo ANZ posts $6.16m profit
Data Analytics

Lenovo ANZ posts $6.16m profit

Lenovo ANZ reports almost doubled profit in FY2020 at NZ$6.16m, with revenue reaching $928.6m, up from $799.2m in 2019.

By Staff Writer • 2 min read • Mon, 2nd Nov 2020
Why embedded analytics is critical for APAC businesses
Data 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.

By Sara Barker • 3 min read • Mon, 19th Oct 2020
NTT amalgamates AU & NZ businesses under new ANZ region
Partner Programmes

NTT amalgamates AU & NZ businesses under new ANZ region

NTT is combining its Australia and New Zealand businesses to create an ANZ region and has appointed Tania Balcombe as its CEO.

By Staff Writer • 2 min read • Thu, 1st Oct 2020
Microsoft commercial cloud revenue up 30%, bigger than Google and IBM combined
Microsoft

Microsoft commercial cloud revenue up 30%, bigger than Google and IBM combined

Microsoft's commercial cloud revenue for FY20 Q4 was larger than that of Google and IBM combined, according to new research.

By Shannon Williams • 4 min read • Wed, 16th Sep 2020
Toshiba posts AU & NZ financial results with modest profit & loss
Supply Chain

Toshiba posts AU & NZ financial results with modest profit & loss

Toshiba has recently published its annual reports for its Australian and New Zealand operations for the year ended 31 March 2020.

By Staff Writer • 3 min read • Mon, 7th Sep 2020
Zoom reports massive revenue growth in Q2 2021 financial results
Unified Communications

Zoom reports massive revenue growth in Q2 2021 financial results

Zoom reports enormous 355% YoY increase in revenue for Q2 2021, as remote work continues to drive strong financial performance.

By Staff Writer • 2 min read • Tue, 1st Sep 2020
Spark achieves annual revenue growth, despite COVID-19 challenges
Financial results

Spark achieves annual revenue growth, despite COVID-19 challenges

Spark New Zealand reports revenue growth and strong performance in key markets, with overall revenue increasing by 2.5% to $3,623 million.

By Catherine Knowles • 4 min read • Mon, 31st Aug 2020

Stories from Other Regions

Financial results stories

Microsoft NZ reports giant jump in profits in 2020 financial results
Partner Programmes

Microsoft NZ reports giant jump in profits in 2020 financial results

The company made $27.3 million in profit for the year ended June 2020, compared to a loss of $3.8 million the prior year.

By Nick Forrester • 2 min read • Tue, 1st Dec 2020
China to hit US$63.7bn in cloud computing revenue by 2024, dominating APAC market
Internet of Things

China to hit US$63.7bn in cloud computing revenue by 2024, dominating APAC market

China to dominate APAC cloud computing market, capturing one-third of revenue by 2024, driven by government initiatives and demand from enterprises.

By Catherine Knowles • 3 min read • Tue, 22nd Sep 2020
Chorus describes goals as it posts $52m profit
Unified Communications

Chorus describes goals as it posts $52m profit

As the copper withdrawal looms, Chorus is looking at how it can leverage its fibre network to provide new products and services across the country.

By Staff Writer • 3 min read • Mon, 24th Aug 2020