Revenue stories - Page 5

Check Point names Nadav Zafrir as new CEO amid strong Q2 2024 results, with revenues up 7% to USD $627 million. Founder Gil Shwed to become Executive Chairman.

Swoop inks a landmark AUD $36m deal with a NASDAQ-listed tech giant to roll out fibre infrastructure in Greater Melbourne, their biggest contract yet.

The Australian IaaS market surged by 20.76% in 2023 to reach AUD $3.3 billion, with Microsoft dethroning Amazon as the leading provider, Gartner reports.

AI use in mining surges as firms seek to boost safety and revenue, with spending tripled in 5 years, reports Augment Technologies CEO Brice Gower.

The global cellular IoT connectivity market surged in 2023, generating USD $15 billion from 3.6 billion connections, driven by a 23% growth rate, IoT Analytics reports.

Ecommpay launches a new feature allowing merchants to collect recurring PayPal payments, enhancing subscription-based business models like meal kits and pay TV.

Peter Birks has been named CEO of Velstar, with founder Dan Sheard transitioning to focus on growth and partnerships. Velstar projects a revenue of GBP £10 million for 2024.

With counterfeiting costing the global economy over USD $2 trillion, brands are turning to AI innovations for robust anti-counterfeit strategies to protect consumer trust.

Amperity has teamed up with Microsoft to revolutionise AI-driven retail experiences, enhancing customer loyalty and driving brand advocacy.

Australian retailers lag in eCommerce maturity, with 16.8% of sales online. While COVID and cost-of-living affects investment, Gen Y and Gen Z may push online sales to 33% by 2033.

NTT DATA has appointed David McKeering as CEO for Australia and New Zealand, aiming to boost regional growth after a merger valued at over USD $30 billion.

MediaVision's Metis Accelerate wins Best Search Software Tool at the EU Search Awards, revolutionising ecommerce SEO with advanced AI and keyword mining technology.

Seeing Machines inks a 5-year deal with Caterpillar, securing a USD $16.5 million payment to bolster cash reserves and advance transport safety tech.

Datacom rebounds to NZD $41 million pre-tax profit, unveiling a strategic transformation plan to bolster future growth and AI adoption across its operations.

Melbourne-based Directo has launched a $3 million capital raise to boost its growth, having onboarded 54% of Australian pharmacies and doubled its revenue.

Juniper Research forecasts a boom in telecom API revenue, with global earnings set to climb from USD $50 billion in 2024 to USD $111 billion by 2027.

Singapore’s StarHub has achieved 184th place in the inaugural FORTUNE Southeast Asia 500 list for 2023, marking a notable revenue-based ranking.

Swoop's acquisition of fibre assets in Western Australia to connect 900 homes in Seacrest Estate promises AUD $1.2 million in revenue over three years.

Nearly nine in ten UK marketers think experimentation is key for 2024, yet 20% find their current methods ineffective, reveals Optimizely's new report.

In the face of economic uncertainty and global competition, retailers are turning to multichannel marketing to engage customers, boost sales, and enhance ROI.