Revenue Stories - Page 11

Kiwi Stories

Revenue stories

Blackpearl Group ARR doubles, eyes on $10 million target

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.

By Tom Raynel • 2 min read • Mon, 22nd Jan 2024

Malware

Combating cybercrime in NZ with a robust cybersecurity strategy

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.

By Nyuk Loong Kiw • 6 min read • Wed, 17th Jan 2024

Shopping

Aotearoa New Zealand sees dip in Boxing Day spending

Aotearoa New Zealand sees slight decline in Boxing Day spending in 2023, which could be disappointing for retailers, a new report reveals.

By Shannon Williams • 2 min read • Fri, 29th Dec 2023

Global Stories

Revenue stories

Robotics

Elsight reports revenue surge due to Halo demand boost

Elsight reports soaring Q4/23 revenues up 256% owing to heightened demand for Halo system, boosted by repeat order influx from design-win partners.

By Shannon Williams • 3 min read • Fri, 2nd Feb 2024

Fintech

Cisco Systems NZ sees a 299% increase in cash and cash equivalents

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.

By Tom Raynel • 2 min read • Thu, 1st Feb 2024

Supply Chain

archTIS reports strong Q2 results & record 1H24 performance

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.

By Sean Mitchell • 3 min read • Tue, 30th Jan 2024

Health Technologies

Crowdsourced funding in Australia holds steady in 2023

Amidst overall funding decreases, crowdsourced funding in Australia remained steady in 2023, securing $71m for local businesses.

By Shannon Williams • 3 min read • Tue, 30th Jan 2024

Marketing Technologies

How empowering your credit control team could lead to profitable growth in 2024

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.

By Rosie Cairnes • 4 min read • Thu, 25th Jan 2024

Digital Transformation

SingPost leverages Boomi for customer onboarding in digital shift

Singapore's SingPost has leveraged Boomi's platform in its digital transformation to quicken customer onboarding and improve delivery visibility.

By Shannon Williams • 2 min read • Wed, 10th Jan 2024

Generative AI

Global GenAI investment to surge to $151.1 billion by 2027, says IDC

Worldwide investment in GenAI set to soar, reaching a predicted $151.1bn by 2027 according to IDC.

By Catherine Knowles • 3 min read • Thu, 28th Dec 2023

Customer Relationship Management

monday.com reveals significant growth in partners' revenues

Forrester study shows monday.com's partners see 100% YoY growth in service revenues and 65% ROI over three years.

By Shannon Williams • 3 min read • Thu, 21st Dec 2023

Customer Experience

BSH Group enhances customer experience with Medallia's AI technology

BSH Group leverages Medallia's AI tech for personalised customer experiences, aiding their shift to direct-to-consumer market.

By Catherine Knowles • 3 min read • Wed, 20th Dec 2023

Marketing Technologies

Whispir unveils innovative 'Transact' & 'Off-Platform Messaging' products

Whispir has launched two new innovative products, Whispir Transact and Whispir Off-Platform Messaging, to enhance its platform.

By Kaleah Salmon • 3 min read • Wed, 20th Dec 2023

EduTech

Generative AI lagging in ANZ brand strategies despite high employee usage

Despite high employee usage, generative AI adoption in Australia and New Zealand brand strategies lags, says Adobe.

By Kaleah Salmon • 3 min read • Thu, 14th Dec 2023

Unified Communications

Google Cloud & SingPost partnership fosters AI-driven productivity boost

Google Cloud and Singapore Post join forces in a multi-year collaboration to bolster productivity via AI tools.

By Shannon Williams • 2 min read • Wed, 13th Dec 2023

Stories from Other Regions

Revenue stories

Leadership

Channel Factory appoints Tom Heddon as new Head of Sales for Victoria

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.

By Imee Dequito • 2 min read • Fri, 2nd Feb 2024

Partner Programmes

Straker reports stable Q3 revenue & record gross margins

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.

By Sean Mitchell • 3 min read • Mon, 29th Jan 2024

Analyst report

HFCL secures INR 623 crore order for Indian-made 5G gear

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.

By Catherine Knowles • 3 min read • Wed, 24th Jan 2024