ChannelLife Australia - Industry insider news for technology resellers

Revenue stories

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Traceable AI reports 300% revenue boost & strengthens leadership team
Last week
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global expansion
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expansion
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globe telecom
Traceable AI, a key player in API security, celebrates its year with revenue upwards of 300%. In addition, the firm bolstered its executive team and initiated new products and partnerships.
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How to calculate your margin: Professional Services 101
Last week
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financial systems
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billing
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professional services
Ensuring fiscal health: Understanding and regularly checking your margins can unlock insights about your firm's financial state, calculate gross profit and avoid common errors.
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IWD 2024: Empathy makes us great at business but the ability to plan may be what gives women in tech the edge
This month
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big data
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bi
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planning
Women's natural aptitude for multi-tasking and planning is giving them the edge in tech industries, fostering holistic business approaches.
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FPT & Siemens ink MoU to boost global digital transformation
This month
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low-code
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digital transformation
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ai
Global tech giants FPT and Siemens have signed an MoU to advance global manufacturing and digital transformation with a focus on smart infrastructure and automotive software.
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Kaseya extends successful TruPeer growth programme to Australia
This month
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kaseya
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us
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collaboration
US tech firm Kaseya is extending its successful TruPeer growth programme to Australian Managed Service Providers, aiming to bolster customer growth and recurring revenue.
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Artificial Intelligence: The key to Customer Lifetime Value
This month
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ai
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ml
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business
AI offers a refined approach to evaluating Customer Lifetime Value (CLV), providing insights to develop personalised strategies and drive business growth.
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JULO hits $120 million annual recurring revenue, boosts financial inclusion
Last month
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indonesia
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digital inclusion
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revenue
Indonesian digital finance platform JULO achieves over USD $120 million in annual recurring revenue, adds a 50% rise in loan disbursement and records breakeven point, underpinning its mission of financial inclusion.
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Superloop reports record organic growth in 1H FY24 results
Last month
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telecommunications
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superloop
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financial results
Superloop's 1H FY24 results exhibit a record 20% surge in organic revenue and increasing margins, with customer base growth adding over 40,000 new accounts.
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Seismic's 2024 product release enhances AI capabilities
Last month
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cdp
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big data
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social media
Seismic boosts AI capabilities and user collaboration with Winter 2024 product release, aimed at enhancing sales representative proficiency.
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Thriving side hustle culture boosting Australian economy, GoDaddy reveals
Last month
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godaddy
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revenue management
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smb
GoDaddy's Venture Forward initiative reveals a thriving 'side hustle culture' in Australia due to online tools, with 61% of entrepreneurs reportedly running a lucrative microbusiness alongside full-time work.
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nib New Zealand sees solid growth with robust financials
Last month
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nz
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insurance
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financial results
Nib New Zealand reports a robust H1 FY24 financial performance with a significant 3.7% growth in private health insurance policyholders.
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DigiCert reveals widening gap in digital trust management globally
Last month
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encryption
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devops
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iot
DigiCert's 2024 State of Digital Trust Survey highlights a growing divide between 'leaders' and 'laggards' in global enterprise digital trust, with effective practices affecting revenue, innovation, and productivity.
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Five metrics every successful professional services firm uses to remain profitable
Last month
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project management
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cx
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martech
Professional services firms boost profitability through understanding core metrics as insight into these factors enables targeted improvement.
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Kyriba's Q3 2023 CIR reveals $30bn FX impact on global firms
Last month
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forex
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biotech
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financial results
Kyriba's latest CIR unveils a $30bn FX impact on 1,200 multinational firms in Q3 2023, highlighting FX's influence on revenues and cash flows.
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Commvault reports strong Q3 results with 11% revenue growth
Last month
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advanced persistent threat protection
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data management
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capital management
Data management giant Commvault reports an 11% YoY increase in Q3 total revenues at USD$216.8 million and a 17% rise in annual recurring revenue.
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News Corp Australia partners with Outbrain to refine digital content discovery
Last month
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creative technologies
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content creation
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discovery
News Corp Australia pens a notable multi-year deal with technology platform Outbrain to enhance content discovery and revenue optimisation on its digital properties.
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New Zealand enjoys 7.3% surge in digital advertising revenue
Last month
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social media
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digital advertising
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nz
IAB New Zealand's Q3 2023 report reveals a 7.3% year-on-year surge in digital advertising revenues, reaching $534.8m, signalling a bright future for the sector.
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Indosat sees robust growth in all sectors during 2023
Last month
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digital transformation
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it services
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data traffic
In a year marked by growth across all sectors, Indosat Ooredoo Hutchison reports significant increases in revenues, EBITDA and data traffic.
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Fortinet's Q4 financial results show promising growth for 2023
Last month
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firewall
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breach prevention
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cybersecurity
Cybersecurity giant Fortinet reports encouraging Q4 2023 results with a 10.3% revenue boost to $1.42bn and a yearly income increase of 20% to $5.30bn.
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Asia-Pacific IT leaders see AI boosting productivity, but face data hurdles
Last month
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big data
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bi
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digital transformation
Whilst 86% of Asia-Pacific IT leaders believe AI can boost productivity, Salesforce's latest research reveals that 69% of businesses may not fully capitalise on AI due to difficulties with data system harmonisation.
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Channel Factory appoints Tom Heddon as new Head of Sales for Victoria
Last month
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victoria
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miq
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leadership
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.
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Elsight reports revenue surge due to Halo demand boost
Last month
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drones
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military
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revenue
Elsight reports soaring Q4/23 revenues up 256% owing to heightened demand for Halo system, boosted by repeat order influx from design-win partners.
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Cisco Systems NZ sees a 299% increase in cash and cash equivalents
Thu, 1st Feb 2024
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finance, leasing & rental
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pwc
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nz
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.
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archTIS reports strong Q2 results & record 1H24 performance
Tue, 30th Jan 2024
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bae systems
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australian government
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kpmg
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.