Industry insider news for New Zealand's technology resellers
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Xero to double turnover to $200M this year, says CEO Rod Drury
New Zealand accounting software pioneer Xero expects to double global revenue to more than $200 million in the year to March 2016.
Cisco, Huawei, Polycom lead video conferencing market
"IDC survey adoption data indicates that video continues to place high on the list of priorities for many organisations."
CommVault reports mixed financials for 2014
N. Robert Hammer says Commvault achieved record full year revenue and operating cash flows in 2015 despite significant foreign exchange headwinds.
Microsoft's cloud services boost revenue
Microsoft has experienced significant revenue growth for the year ended March 31, 2015, largely due to the success of its cloud services.
Amazon Web Services a $5 billion business and growing
Amazon has increased its operating cash flow by nearly 50% to $7.84 billion in the past 12 months, and says AWS is a significant reason for this.
Double-digit shipment growth for booming security appliance market
Bolstered by the increasing propensity for malicious attacks, the security appliance market has experienced double-digit shipment growth and 8.6% reve
Dell ups the ante for channel partners
Dell has announced its channel represents more than 40% of its global revenue, and this year it is focused on upping the ante with partner incentives.
NZ wholesale trade rises for third quarter in December
New Zealand's wholesale trade grew for a third quarter in the final three months of 2014, with increased activity for apparel, pharmaceuticals and fur
AsureQuality posts 5% drop in 1H profit as costs rise; expects to beat FY target
AsureQuality, the state-owned food-testing company, posted a 5 percent drop in first-half profit, reflecting higher operating costs to develop future
Credit Suisse downgrades Diligent to neutral ahead of new product spending
Diligent Board Member Services's plans to spend up ahead of its new product has seen the governance software developer's stock downgraded by Credit Su
Trade Me posts slower 1H profit growth, says FY earnings will be 'subdued'
Trade Me Group posted slower profit growth in the first half of its financial year as increased investment ramped up costs.
Facebook smashes revenue expectations once again
Facebook’s profit and revenue has beat forecasts for the seventh quarter in a row, with mobile advertising revenue playing a key role as users shift to using smartphones and other devices.
IBM 4Q revenue slumps, 2015 outlook not great
Global tech giant IBM’s earnings slumped in the fourth quarter for 2014 as it moves away from its core hardware business.