Annual Recurring Revenue (ARR) stories - Page 14

In this interview, Hyland director for APAC Eugene Chng discusses the company's recent acquisitions of Alfresco and Nuxeo.

The market for dedicated cloud infrastructure as a service is projected to grow 100x in the next five years, reaching $14 billion, according to IDC.

Rockwell looks to expand its industrial cloud software offering with the acquisition, which will be financed with cash and short-term and long-term debt.

Illumio secures $225m in Series F funding, with Thoma Bravo leading the round, to reach a valuation of $2.75bn.

Barracuda Networks reports strong momentum in email security solutions, driven by increased Office 365 adoption and demand for Barracuda Sentinel.

Brian Spanswick appointed as Cohesity’s first CISO, focusing on advancing IT and security as the company experiences rapid growth.

Uniphore secures US$140m in funding to develop conversational service automation technologies and achieve 200% headcount growth.

Data management company Cohesity has announced a new valuation of $3.7bn, a $1.2bn increase from less than a year ago.

The data management organisation is now worth US$3.7 billion — an increase of $1.2 billion over the last 12 months.

8x8 has announced it is experiencing strong channel momentum and growth driven by the 8x8 integrated cloud contact centre and communications product.

Veeam Software reports substantial growth in fiscal year 2020, with annual recurring revenue up 22% YoY and 400,000 customers.

The Access Group has acquired Abintegro Limited, a privately-owned, known for its career development and digital learning technologies.

AppsFlyer opens its first office in Australia and New Zealand as it aims to tap into the growing app economy in the region.

Teradata has launched Teradata Vantage on Google Cloud in the ANZ region, expanding access to the top public clouds.

Terms of the acquisition were not disclosed, however Nintex says it will generate over $200 million in annual recurring revenue after the deal has closed.

Claroty reports rapid revenue growth in the Asia Pacific region, driven by increasing demand for critical infrastructure security.

Veeam Software reports a 20% YoY increase in annual recurring revenue for Q2'20, its biggest second quarter ever.

GitLab has launched a global partner program with new partnership tiers to expand its market reach and enhance DevOps services for customers.

GitLab has expanded its Australian presence, aiming to revolutionise local software development with its single application approach to DevSecOps.

Medius reports a record year for 2019, with a 34% jump in subscription revenue and major customer wins including Christian Dior and Milwaukee Tool.