Global Stories

Digital trust underfunded despite its growing importance

A new ISACA report reveals organisations worldwide recognise the rising importance of digital trust but substantially underfund initiatives.

By Shannon Williams • 4 min read • Wed, 5th Jun 2024

Cybersecurity

Westcon-Comstor reports 8% revenue rise to USD $3.69 billion

Westcon-Comstor reports an 8% revenue increase to USD $3.69 billion for FY24, driven by recurring revenues and growth in cybersecurity and networking sectors.

By Kaleah Salmon • 3 min read • Tue, 28th May 2024

Customer Relationship Management

IFS tops EAM market for third year with US$452 million revenue

IFS has secured its third consecutive year as the market leader in Enterprise Asset Management software, achieving a 20.3% share and US$452 million in revenue.

By Catherine Knowles • 3 min read • Mon, 27th May 2024

Gaming

NVIDIA achieves record revenue of USD $26 billion in Q1 2025

NVIDIA reports a record Q1 FY2025 with USD $26.0 billion revenue, an 18% quarterly and 262% yearly surge, fueled by strong Data Centre advancements.

By Sean Mitchell • 3 min read • Sun, 26th May 2024

Customer Experience

Zoom reports strong growth & profitability for Q1 2024

Zoom's Q1 financial results show 3.2% revenue growth and a stark rise in net income to $216.3M, driven by AI integration and increased enterprise adoption.

By Shannon Williams • 3 min read • Thu, 23rd May 2024

Artificial Intelligence

Teradata AI Unlimited now in private preview with Microsoft Fabric

Teradata's AI Unlimited is now in private preview within Microsoft Fabric, offering seamless AI/ML workloads via ClearScape Analytics for enhanced innovation and efficiency.

By Catherine Knowles • 3 min read • Wed, 22nd May 2024

Network Infrastructure

Infinigate sets ambitious goals for FY 2024-2025 expansion

Infinigate Group unveils its strategic focus for 2024-2025, aiming to expand its cybersecurity, cloud, and networking footprint amidst growing pressures.

By Catherine Knowles • 3 min read • Thu, 16th May 2024

Storage

Object First reinforces Partner Program amid rising ransomware threats

Object First fortifies its Partner Programme, introducing new benefits to enhance revenue, customer satisfaction, and backup security amid rising ransomware threats.

By Catherine Knowles • 3 min read • Thu, 16th May 2024

Data Analytics

Amplitude reports 9% revenue growth in Q1 2024 financials

Amplitude sees 9% revenue boost in Q1 2024, hitting $72.6M. Notable growth includes a 37% rise in paying customers and expanding global clientele.

By Catherine Knowles • 3 min read • Thu, 16th May 2024

Software-as-a-Service

Blackpearl Group appoints Laurissa Hollis as VP of Sales

Blackpearl Group appoints Laurissa Hollis as VP of Sales in its global expansion, highlighting her customer-focused strategy and multinational expertise.

By Imee Dequito • 3 min read • Wed, 15th May 2024

Supply Chain

Synergy Logistics appoints Brian Kirst as chief commercial officer

Synergy Logistics elevates Brian Kirst to Chief Commercial Officer, aiming for global expansion and leveraging his 30 years in logistics and digital tech.

By Imee Dequito • 2 min read • Wed, 15th May 2024

Fintech

Parkable tech revives unused parking spaces, generates millions in revenue

New tech by Parkable may boost Australian landlords' fortunes by converting underutilised city-centre parking into flexible spaces, tapping into millions of potential revenue.

By Catherine Knowles • 3 min read • Fri, 10th May 2024

DataCentre infrastructure

DE-CIX reports strong growth & global expansion in 2023

DE-CIX, the global internet exchanges operator, saw a 14% revenue increase to over EURO €63m in 2023 while expanding into 14 new markets worldwide.

By Kaleah Salmon • 3 min read • Wed, 8th May 2024

Stories from Other Regions

Firewalls

Australian MSPs leverage AI & marketplaces amid new demands

Amid rising customer demands, Australian MSPs are turning to AI and cloud marketplaces for solutions, but many face challenges in AI expertise and regulatory compliance.

By Sean Mitchell • 3 min read • Wed, 12th Jun 2024

Unified Communications

Singapore MSPs moving towards AI but face knowledge gaps

A Barracuda Networks report reveals significant shifts in Singapore's MSP sector, with rising AI use and cloud marketplaces amid concerns over AI competence.

By Shannon Williams • 3 min read • Wed, 12th Jun 2024

Firewalls

ADT Security to acquire Alarm Assets & ACG Integration

ADT Security's acquisition of Alarm Assets Group and ACG Integration will boost its market reach and operational capacity, aiming for AUD $125 million in revenue.

By Tom Raynel • 3 min read • Fri, 31st May 2024

Supply Chain

Ivalua to enhance NCC Sweden's supply chain risk management

Ivalua to digitise NCC Sweden's supply chain with advanced risk and performance management, aiming to curb annual revenue losses of up to 15%.

By Kaleah Salmon • 3 min read • Wed, 29th May 2024

Financial results

Newgen Software reports 28% annual revenue jump in FY24

Indian tech giant Newgen Software Technologies rings in FY24 with a 28% surge in annual revenue, hitting a milestone with a quarterly profit of over $12 million.

By Kaleah Salmon • 3 min read • Mon, 6th May 2024