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Industry insider news for New Zealand's technology resellers

Revenue news stories

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Ingram Micro
Ingram Micro NZ sees $74 million revenue growth in 2021
Ingram Micro New Zealand's latest financial report reveals that its revenue from contracts with customers increased by almost $74 million in 2021.
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LG Electronics
LG Electronics’ revenue in NZ grows by 57% in FY 2021
The New Zealand branch of LG Electronics Australia's total revenue shot up by nearly NZD $45 million reaching a total of $123.7 million for FY 2021.
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Enterprise
Fortinet reports second quarter 2022 financial results
“We delivered strong revenue and billings growth in the second quarter driven by an increase in the number of transactions larger than one million dollars."
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Financial results
Facebook NZ financial report reveals notable revenue increase
Revenue from contracts with customers increased by $NZD 1,089,292 compared to 2020's figures.
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Report
Westcon NZ posts $19.1 million YOY revenue increase - report
Westcon NZ has released its latest financial report, showing the company has increased its revenue by $19,119,905 in the last financial year.
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Toshiba NZ
Toshiba's New Zealand Branch sees profit decline - report
Toshiba Australia's New Zealand Branch have released their latest financial reports, showing the company’s total revenue from contracts with customers has grown by $6,926,000 in Australia.
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Revenue
IBM NZ sees significant revenue increase in latest report
IBM NZ has posted revenue of $172,449,000 for the financial year, according to its latest report, a year-over-year increase of over $47.5 million compared to $124,904,000 in 2020.
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Revenue
Cisco NZ revenue declines by over $18.5 million - report
Cisco NZ has released its latest financial report, showing the company's total revenue has declined by more than $18.5 million year-over-year.
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Dicker Data
Dicker Data posts first-half revenue of $1.459 billion
Dicker Data has announced revenue growth of about 36% in the first half of the financial year, with unaudited revenue reaching AUD $1.459 billion.
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Customer experience
BillingPlatform introduces new enhancements to revenue management services
Some of the new developments include hosted payment pages, and new and updated connectors to Salesforce, NetSuite, OneSource, Avalara and other enterprise systems.
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Pricing solution
Choosing a billing solution that supports your consumption-based pricing model
Are you thinking of introducing a consumption-based pricing model into your business this year? For many enterprises, this is likely to prove an extremely smart move, given research shows organisations that go down this path grow 38% faster than their peers and have 50% higher revenue multiples.
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Pegasystems
Marketing technologies set to increase revenues - study
Marketing leaders say that investment in new marketing technologies (MarTech) will drive significantly increased revenues.
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Internet of Things
Large enterprises propel 5G industrial IoT market
Large enterprises are propelling the 5G industrial Internet of Things market, according to a recently published report from Future Market Insights.
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Revenue
Datacom announces revenue of $1.45 billion, fall in profit
Growing market pressures and border closures saw Datacom place increased focus on talent development initiatives for both existing and future employees.
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BitTitan
How to achieve your monthly recurring revenue goals
Monthly recurring revenue (MRR) is the ultimate goal, the most important issue on which anyone in the IT channel should focus.
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Cloud
Xero announces financial news and new updates in monthly wrap
Xero has announced a successful revenue growth in its new annual report, along with a variety of new product enhancements and a new plan.
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Managed service provider
Barracuda MSP Day 2022 highlights MSP opportunities
Barracuda Networks has released a report showing global services-related MSP revenue is set to increase by more than a third in 2022 compared to 2021.
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Attain
Revenue operations is taking centre stage
As the business world continues to evolve, new demands need to be met to keep up with the ever-changing landscape. 
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IT budget
$20m boost for digital technologies announced
The government is spending an extra $20m over four years on its plan to transform the digital technologies industry.
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Cloud
Avaya OneCloud sees 118% ARR growth for second quarter 2022
Avaya Holdings has reported $750 million annual recurring revenue (ARR) for its OneCloud offering, up 21% sequentially and 118% from the same period last year.
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Cloud
Fortinet sees 34% revenue increase in latest financial results
Fortinet has released its financial results for the first quarter ended March 31, 2022, seeing a total revenue increase of 34.4% compared to the same quarter last year.
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Digital Transformation
The CFO-led digital transformation
Cloud-based billing platforms are the little-known hero in organisations' quests to extract the most benefit out of their digital transformation efforts.
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Snowflake
How user-based pricing is shifting the goal posts for the software industry
As business software has developed during the past 30 years, the way in which it’s paid for has also evolved.
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HP New Zealand
HPE NZ sees $8 million decline in latest financial report
HPE New Zealand has seen a decline of over NZD$8 million in the sale of its goods year-over-year, according to its latest financial report.