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New Zealand enjoys 7.3% surge in digital advertising revenue
Marketing Technologies

New Zealand enjoys 7.3% surge in digital advertising revenue

IAB New Zealand's Q3 2023 report reveals a 7.3% year-on-year surge in digital advertising revenues, reaching $534.8m, signalling a bright future for the sector.

By Tom Raynel • 2 min read • Mon, 12th Feb 2024
Fortinet's Q4 financial results show promising growth for 2023
Firewalls

Fortinet's Q4 financial results show promising growth for 2023

Cybersecurity giant Fortinet reports encouraging Q4 2023 results with a 10.3% revenue boost to $1.42bn and a yearly income increase of 20% to $5.30bn.

By Tom Raynel • 3 min read • Thu, 8th Feb 2024
Asia-Pacific IT leaders see AI boosting productivity, but face data hurdles
Data Analytics

Asia-Pacific IT leaders see AI boosting productivity, but face data hurdles

Whilst 86% of Asia-Pacific IT leaders believe AI can boost productivity, Salesforce's latest research reveals that 69% of businesses may not fully capitalise on AI due to difficulties with data system harmonisation.

By Kaleah Salmon • 3 min read • Thu, 8th Feb 2024
Elsight reports revenue surge due to Halo demand boost
Robotics

Elsight reports revenue surge due to Halo demand boost

Elsight reports soaring Q4/23 revenues up 256% owing to heightened demand for Halo system, boosted by repeat order influx from design-win partners.

By Shannon Williams • 3 min read • Fri, 2nd Feb 2024
Cisco Systems NZ sees a 299% increase in cash and cash equivalents
Fintech

Cisco Systems NZ sees a 299% increase in cash and cash equivalents

Cisco Systems NZ's cash and cash equivalents soared by a staggering 299% in 2023, despite a slight dip in pre-tax profits, according to the latest financial report.

By Tom Raynel • 2 min read • Thu, 1st Feb 2024
archTIS reports strong Q2 results & record 1H24 performance
Supply Chain

archTIS reports strong Q2 results & record 1H24 performance

Strong Q2 results and record 1H24 earnings put archTIS Limited, a secure data collaboration software firm, en route to achieving imminent revenue expansion and nearing cash flow positivity.

By Sean Mitchell • 3 min read • Tue, 30th Jan 2024
Crowdsourced funding in Australia holds steady in 2023
Health Technologies

Crowdsourced funding in Australia holds steady in 2023

Amidst overall funding decreases, crowdsourced funding in Australia remained steady in 2023, securing $71m for local businesses.

By Shannon Williams • 3 min read • Tue, 30th Jan 2024
How empowering your credit control team could lead to profitable growth in 2024
Marketing Technologies

How empowering your credit control team could lead to profitable growth in 2024

Empowering credit control teams with automation technology and a proactive involvement in strategy could fuel profitable growth for businesses in 2024, despite a gloomy economic outlook.

By Rosie Cairnes • 4 min read • Thu, 25th Jan 2024
SingPost leverages Boomi for customer onboarding in digital shift
Digital Transformation

SingPost leverages Boomi for customer onboarding in digital shift

Singapore's SingPost has leveraged Boomi's platform in its digital transformation to quicken customer onboarding and improve delivery visibility.

By Shannon Williams • 2 min read • Wed, 10th Jan 2024
Global GenAI investment to surge to $151.1 billion by 2027, says IDC
Generative AI

Global GenAI investment to surge to $151.1 billion by 2027, says IDC

Worldwide investment in GenAI set to soar, reaching a predicted $151.1bn by 2027 according to IDC.

By Catherine Knowles • 3 min read • Thu, 28th Dec 2023
monday.com reveals significant growth in partners' revenues
Customer Relationship Management

monday.com reveals significant growth in partners' revenues

Forrester study shows monday.com's partners see 100% YoY growth in service revenues and 65% ROI over three years.

By Shannon Williams • 3 min read • Thu, 21st Dec 2023

Stories from Other Regions

Revenue stories

Channel Factory appoints Tom Heddon as new Head of Sales for Victoria
Leadership

Channel Factory appoints Tom Heddon as new Head of Sales for Victoria

Channel Factory boosts its expansion in Australia and New Zealand with the appointment of media industry veteran, Tom Heddon, as Head of Sales for Victoria.

By Imee Dequito • 2 min read • Fri, 2nd Feb 2024
Straker reports stable Q3 revenue & record gross margins
Partner Programmes

Straker reports stable Q3 revenue & record gross margins

Despite a slight year-on-year dip, Straker reports secure Q3 FY24 outcomes with benchmark gross margins boosted by AI-driven services, hinting at market stabilisation.

By Sean Mitchell • 3 min read • Mon, 29th Jan 2024
Blackpearl Group ARR doubles, eyes on $10 million target
Productivity

Blackpearl Group ARR doubles, eyes on $10 million target

Blackpearl Group's annual recurring revenue skyrockets by 122% to $5.5m in their latest quarter, with the technology firm setting sights on future $10m target.

By Tom Raynel • 2 min read • Mon, 22nd Jan 2024
Combating cybercrime in NZ with a robust cybersecurity strategy
Malware

Combating cybercrime in NZ with a robust cybersecurity strategy

New Zealand businesses grapple with cybercrime's volatile threat landscape, as incidents across various sectors showcase the dire consequences. A nuanced approach to cybersecurity strategy is vital.

By Nyuk Loong Kiw • 6 min read • Wed, 17th Jan 2024
Aotearoa New Zealand sees dip in Boxing Day spending
Shopping

Aotearoa New Zealand sees dip in Boxing Day spending

Aotearoa New Zealand sees slight decline in Boxing Day spending in 2023, which could be disappointing for retailers, a new report reveals.

By Shannon Williams • 2 min read • Fri, 29th Dec 2023
Thai software vendor revenue grows 14.1% with AI as key driver
Unified Communications

Thai software vendor revenue grows 14.1% with AI as key driver

Thailand's software vendor revenue growth at 14.1% YoY, driven by booming AI, application platforms and cloud services adoption.

By Catherine Knowles • 3 min read • Thu, 28th Dec 2023