Revenue stories

Salesforce launches Salesforce Foundations, a major upgrade integrating Sales, Service, Marketing, Commerce, and Data Cloud features at no added cost, enhancing user experience.

StackAdapt appoints Cassandra Hudson as CFO, its first female in the role, to solidify market position with her extensive finance and tech experience.

Toshiba reports modest growth for the year ending March 2024, with steady revenue increases balancing rising operational costs and strategic investments.

NTT New Zealand cuts net loss to NZD $17.3M but remains in deficit amid declining revenues and rising interest costs, challenging its financial stability.

New SAP Emarsys research reveals 62% of Australian shoppers aren't loyal to consumer-packaged goods brands, urging brands to innovate consumer engagement strategies.

SentinelOne posts its first-ever positive net income in Q2 FY 2025, with a 33% revenue boost to USD $199 million, marking 12 consecutive quarters of margin improvement.

Seeing Machines forecasts FY2024 revenue at USD $67.6 million, a 17% increase from FY2023. With significant OEM wins and 2.2M cars featuring its tech, it aims for cash flow break-even by FY2025.

Akamai Technologies has been named a Leader in the Q3 2024 Forrester Wave report on Microsegmentation Solutions, excelling in key security functionalities.

Snowflake reports Q2 fiscal 2025 revenue of USD $868.8 million, a 29% YoY growth. Product revenue rose 30% to USD $829.3 million.

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 2024 AI report highlights major financial commitments with nearly 10% of UK and US firms planning to invest over USD $25 million in AI, despite talent and security challenges.

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.

Australian hospitality businesses are turning to AI and automation, with 85% using these technologies to enhance efficiency and guest experiences, notes SevenRooms report.

Cloudera’s EVOLVE24 event put the spotlight on the power of data, the necessity of data security, and the reality of hybrid infrastructure to underpin operational efficiency and growth.

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.

To excel in the booming SaaS market, resellers need to harness data, build customer-centric subscription models, and leverage automation to streamline operations.

Panasonic NZ reports resilient performance with $148.2M in revenue and a 28.5% gross profit margin despite facing economic headwinds and market challenges.