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Revenue stories

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Artificial Intelligence
IDC predicts almost $450 billion AI revenue this year
This month
IDC's AI Tracker forecast indicates that global revenue for the AI market will reach nearly $450 billion in 2022.
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Revenue
Panasonic NZ reveals revenue increases by $22 million
This month
Panasonic NZ has released its latest financial report, showing the company's revenue has increased by more than $22 million in the last year.
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DataStax
Data strategies shift towards real-time data - DataStax survey
This month
The report revealed that the data race is not only heating up, but rapidly shifting toward real-time data - the data that powers in-the-moment use cases.
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Absolute Software Corporation
Absolute Software sees significant revenue increase for F2022
Last month
Absolute Software has revealed its fourth quarter and full-year fiscal 2022 financial results, reporting substantial revenue increase and company growth.
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dotdigital
Nine marketing automation best practices to implement ahead of 9.9 super shopping day
Last month
According to the Euromonitor International report, eCommerce sales in SEA are expected to reach $166 billion by 2026, following a 30% rise in 2021.
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Broadband
Chorus posts $959 million 2022 revenue for fibre broadband
Last month
Chorus' fibre broadband has continued to generate strong demand, fostering underlying revenue growth totalling $959 million, up by $4 million year-over-year from 2021.
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IDC
Collaboration app market revenue grows 28.4% year-over-year
Last month
IDC has found that global revenues in the collaboration applications market grew 28.4% year-over-year in 2021 to $29.1 billion.
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Ingram Micro
Ingram Micro NZ sees $74 million revenue growth in 2021
Last month
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
Last month
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
Last month
“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
Last month
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
Last month
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
Toshiba's New Zealand Branch sees profit decline - report
Last month
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
Last month
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
Last month
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
July 2022
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
July 2022
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
July 2022
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
July 2022
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
July 2022
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
June 2022
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
June 2022
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
June 2022
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
May 2022
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.