Annual Recurring Revenue (ARR) stories
IDC estimates annual recurring revenue from foundational cloud services will increase from under $100 billion in 2020 to over $300 billion in 2025.
Development security platform Snyk has raised $530m in its Series F funding round, bringing its valuation to $8.5bn.
The partnership will enable PayGroup clients in Asia Pacific to access Globalization Partners' employment platform.
TechnologyOne bolsters its software-as-a-service capabilities for the education sector with its acquisition of UK-based Scientia.
Channel firms will eventually lose market share by working with out-of-touch providers, and finding the right partner is not easy.
New Zealand legal tech startup LawVu has raised $17m in Series A funding, led by Insight Partners and supported by AirTree Ventures.
Enterprise content management (ECM) and content services provider Hyland thrives on grabbing the right opportunities for its evolution.
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.
