Annual Recurring Revenue (ARR) stories - Page 2
HPE & NVIDIA launch AI & hybrid cloud programmes for partners
Wed, 19th Jun 2024
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hybrid cloud
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it training
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ai
HPE and NVIDIA team up on AI and hybrid cloud initiatives to enhance partner profitability, offering advanced training, competencies, and new HPE GreenLake updates.
Genesys reports $1.5 billion in revenue with 40% growth
Thu, 13th Jun 2024
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hyperscale
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uc
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public cloud
Genesys reports a stellar Q1 FY2025 with annual recurring revenue surpassing USD$1.5 billion, driven by demand for its AI-powered Genesys Cloud platform.
IriusRisk reports 51 percent revenue rise from AI expansion
Fri, 7th Jun 2024
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cx
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martech
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advanced persistent threat protection
IriusRisk sees ARR soar by 51% in 2023, driven by AI-driven threat modelling solutions, strategic hires, and a strong focus on customer success.
OpenPayd's annual recurring revenue tops GBP £40 million
Fri, 7th Jun 2024
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fintechs
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cx
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digital transformation
OpenPayd doubles growth for the second year, hitting over GBP £40 million ARR, as embedded finance adoption surges. CEO Dimitrova eyes new milestones.
Quantexa reports 40% growth in ARR, aims for GBP £80m in 2024
Fri, 7th Jun 2024
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uc
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telco
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microsoft
Quantexa reports a 40% surge in Decision Intelligence ARR, projecting GBP £80 million by 2024, driven by expanding markets and strategic partnerships.
Tanium appoints Rani Johnson, Tim Millikin to board of directors
Fri, 31st May 2024
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edr
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cybersecurity
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workday
Tanium appoints Workday CIO Rani Johnson and TPG's Tim Millikin to its board, aiming to leverage their expertise for accelerated growth and strategic innovation.
Blackpearl Group's ARR surges to NZD $7.4m on Pearl Diver growth
Thu, 30th May 2024
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wellington
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cfo
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nz
Blackpearl Group's ARR surged by 177% to NZD $7.4 million in FY24, largely due to the success of its AI-driven platform, Pearl Diver, which contributed NZD $4.9 million.
TechnologyOne sees 16% rise in revenue for half-year ending 2024
Thu, 23rd May 2024
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technologyone
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growth
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financial results
TechnologyOne's financial results for HY24 show a 16% revenue rise to AUD $244.8M, driven by strong SaaS growth and UK market gains.
CyberArk to acquire Venafi for $1.54 billion in major deal
Tue, 21st May 2024
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saas
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digital transformation
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ai
CyberArk will acquire Venafi for $1.54B, aiming to enhance its machine identity security platform and expand its market.
Amplitude reports 9% revenue growth in Q1 2024 financials
Thu, 16th May 2024
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martech
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data analytics
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cdp
Amplitude sees 9% revenue boost in Q1 2024, hitting $72.6M. Notable growth includes a 37% rise in paying customers and expanding global clientele.
Senetas lands record-breaking Middle Eastern encryption hardware order
Thu, 2nd May 2024
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encryption
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cybersecurity
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personal computing devices
Senetas Corporation lands its largest-ever order worth $2.5 and $3 million in revenue from a Middle East government agency, deploying over 100 high-speed Ethernet encryptors, enhancing its FY2024 profit.
Tricentis reports phenomenal ARR growth of over 20% in 2023
Tue, 30th Apr 2024
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report
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tricentis
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growth
Tricentis, the quality engineering firm, celebrated a robust 2023 with annual recurring revenue nearing $330M (up over 20% YoY), USD $90 million in new business, and a 60% customer base surge.
DigiCert recruits seasoned CMO Atri Chatterjee in quest for $1bn revenue
Mon, 29th Apr 2024
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quantum computing
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casb
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forgerock
Digital trust leader DigiCert bolsters executive leadership with new CMO Atri Chatterjee, adding to its ambitious drive to reach over $1bn in annual recurring revenue.
ThoughtSpot unveils new offerings to boost developer productivity
Tue, 23rd Apr 2024
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ai
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it offerings
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productivity
ThoughtSpot is enhancing its offerings for developers including a rebranded ThoughtSpot Embedded solution, educational developers' courses and new certifications.
AlphaSense doubles ARR to $200m & appoints new CMO
Sat, 13th Apr 2024
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saas
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cx
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martech
AI search platform AlphaSense doubles its annual recurring revenue to $200m within two years, appoints experienced IPO strategist Heather Zynczak as Chief Marketing Officer.
ExtraHop announces newly created global partner programme
Wed, 10th Apr 2024
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breach prevention
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firewalls
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ndr
ExtraHop launches a new worldwide partner programme aimed at improving cyber security, bolstered by its latest revenue increase and growing demand for NDR services.
Workday's retail & hospo business crosses USD $1bn in ARR
Wed, 3rd Apr 2024
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digital transformation
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hcm
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asia pacific
Workday surpasses USD $1 billion in annual recurring revenue in the retail sector, with 60% of Fortune 500 retail firms adopting their HR and financial management solutions for real-time business insights.
Commercetools recognises 65% ARR growth, credits B2B expansion
Tue, 2nd Apr 2024
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commerce systems
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martech
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cartech
Commercetools sees 65% growth in ARR, attributing success to B2B expansion including prominent partnerships with Fortune 500 companies like Volkswagen and BMW.
Nasuni appoints Michael Sotnick to expand global partnerships
Wed, 27th Mar 2024
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hyperscale
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storage
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public cloud
Nasuni, a hybrid cloud storage provider, appoints industry veteran Michael Sotnick as Senior Vice President of Business and Corporate Development, expanding its leadership team.
VXT's new AI platform revolutionises communication for law firms
Wed, 20th Mar 2024
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ai
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canva
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feedback
VXT, a rising legal-tech start-up, has launched a pioneering AI-driven communications platform that syncs with practice management software.