Revenue stories
Snowflake reports Q2 fiscal 2025 revenue of USD $868.8 million, a 29% YoY growth. Product revenue rose 30% to USD $829.3 million.
A new APRA AMCOS report reveals AI could jeopardise 23% of music creators' revenues in Aus and NZ by 2028, risking AUD $519 million, and urges regulatory action.
Kape Technologies and ExpressVPN appoint Zac Eller as General Manager, aiming to boost growth through strategic partnerships with his expertise from Netflix, Sony, and Fox.
Amplitude posts an 8% revenue growth to USD $73.3 million, appoints Andrew Casey as new CFO, and prepares for potential sanctions-related risks impacting receivables.
Cloudera's EVOLVE24 event in Singapore highlights the pivotal role of data management and AI in driving enterprise growth, with key insights from leadership.
To excel in the booming SaaS market, resellers need to harness data, build customer-centric subscription models, and leverage automation to streamline operations.
Yospace joins Akamai's Qualified Compute Partner Program, offering advanced SSAI tech on Akamai's platform to boost media firms' ad strategies and revenue.
Retailers are gearing up for the new financial year with increased investments in cyber security, personalisation, and artificial intelligence to boost growth.
impact.com rolls out impact.com/advocate, a new referral marketing platform to foster brand-customer engagement through customised, automated referral programs.
CallTower collaborates with Tollring to enhance Microsoft Teams with Analytics 365, promising improved call data insights, team performance, and customer engagement.
ServiceNow and Boomi ally to boost AI-driven customer experiences, following ServiceNow's impressive Q2 revenue of USD $2.63 billion and a 6.8% stock surge.
Organisations are significantly boosting their generative AI investments, with nearly a quarter now integrating the technology, up from 6% in 2023.
Check Point names Nadav Zafrir as new CEO amid strong Q2 2024 results, with revenues up 7% to USD $627 million. Founder Gil Shwed to become Executive Chairman.
Reboxed unveils ReboxedOS, a platform aiding brands and retailers in embracing circular economy practices through advanced recommerce solutions and sustainability tools.
PhilTower and PowerX have saved USD $1 million annually through their strategic partnership, resulting in improved efficiency, reduced emissions, and enhanced network reliability.
Searce's latest report reveals that nearly one in ten executives at major firms in the UK and US will invest over USD $25 million in AI this year.
Australian hospitality businesses are turning to AI and automation, with 85% using these technologies to enhance efficiency and guest experiences, notes SevenRooms report.
Nearly half of UK energy firms report revenue loss from ransomware, Bridewell finds, with 45% suffering operational disruptions. Phishing incidents persist, averaging 14 per year.
Panasonic NZ reports resilient performance with $148.2M in revenue and a 28.5% gross profit margin despite facing economic headwinds and market challenges.
Swoop inks a landmark AUD $36m deal with a NASDAQ-listed tech giant to roll out fibre infrastructure in Greater Melbourne, their biggest contract yet.
