Financial results stories
Westcon Group NZ revenue drops by $17.6m to $134.4m in 2021, but profits only dip by $117k due to cost savings. COVID-19 impact monitored.
Datacom Group, a leading tech company, has reported a nearly doubled profit of $35m, thanks to increased demand for digital services.
Serko, the travel software company, has reported an increased net loss of $29.4m due to the impact of the pandemic on its business.
In-app shopping set to reach all-time high as mobile commerce continues to dominate, according to a study by Adjust and Sensor Tower.
Workday sees 20% increase in Q3 revenue, with more than 70% of financial services firms in the Fortune 500 as customers.
Worldwide artificial intelligence (AI) software revenue is forecast to reach US$62.5bn in 2022, up 21.3% from 2021, says Gartner.
eCommerce will be essential for organisations in the near future, with 86% of marketing leaders agreeing on its importance, according to Gartner.
Only 11% of global execs are reaping significant financial benefits from their AI initiatives, a study reveals.
Global IT and business services revenue is estimated to grow by 3.4% this year, according to new data from IDC.
Finance sector in the UK hit by an average of 60 cyberattacks per year, with firms ill-prepared to combat them, according to a report by Keeper Security.
Alphabet's Q2 2021 financial results show significant growth, with revenue of $61.9bn and operating income of $19.4bn. Google's advertising revenue also soared.
Loyalty programs that focus on genuine customer relationships can deliver significant value to organizations, driving repeat business and growth.
The company's New Zealand branch also received NZ$203,858 in wage subsidies from the New Zealand government during COVID-19 lockdowns in 2020.
Zoom's financial results for the first quarter of 2021 have a total revenue of $956.2 million, up 191% year over year.
US company EverCommerce has acquired Dunedin-based software firm Timely, which provides booking software for spas and salons.
Xero sees strong profit rebound after pandemic squeeze, adding record 456k subscribers, but falls short of revenue estimates.
Juniper Networks Australia saw a drop in revenue to US$107.7m in 2020, but cost-cutting measures led to a more positive outlook.
FSIs in Asia Pacific face increasing cyber threats as digital banking accelerates, warns VMware's Modern Bank Heists 4.0 report.
The financial threat landscape experienced a game-changing pandemic year, according to a new report from Kaspersky.
Hewlett-Packard New Zealand reports $4.66 million net profit loss for 2020, down from $3.57 million in 2019. Revenue increased to $143.79 million.
