Annual Recurring Revenue (ARR) stories - Page 2
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.