Global Stories

NBN reports “strong growth” with Q1 fiscal 2018 results

The National Broadband Network (NBN) has reported Q1 fiscal 2018 revenue of AUD $405 million, a 124% increase, with 2.96 million premises now activated.

By Patrick Martlew • 3 min read • Wed, 15th Nov 2017

Synnex

Datatec to 'streamline' Westcon International business

Westcon International's operations are to be streamlined as parent company Datatec focuses on improving the disties financial performance.

By Heather Wright • 2 min read • Tue, 14th Nov 2017

Fintech

Xero posts half-year earnings, announces delisting from NZX

Xero announces positive EBITDA for first time, adding 160k net new subscribers and growing revenue to $187.8m.

By Kai Ping Lew • 3 min read • Mon, 13th Nov 2017

Software-as-a-Service

TechnologyOne wins $7 million federal contract for SaaS deployment

The Department of Industry, Innovation and Science (DIIS) is the second shared service hub to partner with TechnologyOne.

By Patrick Martlew • 2 min read • Tue, 31st Oct 2017

Intel

Intel posts financial growth for Q3, increases full-year outlook

The company is particularly pleased with record quarterly results from their data centre, Internet of Things (IoT) and memory businesses.

By Patrick Martlew • 2 min read • Mon, 30th Oct 2017

Public Cloud

Microsoft financial growth driven by cloud revenue

Microsoft outshines expectations with annual cloud revenue hitting USD $20.4 billion, contributing to a 12% increase in total quarterly revenue.

By Patrick Martlew • 3 min read • Mon, 30th Oct 2017

Exclusive Networks

Strong local growth driving new vendor opportunities for Exclusive

Strong growth in Australia and New Zealand is allowing Exclusive Networks to test new vendors, without reliance on their incremental revenue.

By Heather Wright • 3 min read • Fri, 27th Oct 2017

Virtualisation

Enterprise and cloud continue to drive local Veeam success

New enterprise orders and a burgeoning cloud business have helped drive Veeam's Australian and New Zealand business up 22% year on year in Q3.

By Heather Wright • 3 min read • Thu, 26th Oct 2017

Distribution Central

Solid results for Arrow ECS post Distribution Central buy

Arrow ECS NZ boasts strong half-year results, with a pre-tax profit of £634,927 following its Distribution Central acquisition.

By Heather Wright • 2 min read • Mon, 16th Oct 2017

Logicalis

Revenue down, but gross profit up for Westcon-Comstor APAC business

Westcon-Comstor's Asia Pacific business has logged a $17m drop in revenue for the H1 of this financial year, but managed a $1.6m profit increase.

By Heather Wright • 1 min read • Mon, 9th Oct 2017

Storage

HPE reports steady revenue growth with its fiscal 3rd quarter results

HPE's fiscal Q3 sees a revenue rise, up by 3%, amidst its Micro Focus merger, hinting at a positive shift in the tech giant's trajectory.

By Patrick Martlew • 2 min read • Wed, 6th Sep 2017

Converged Infrastructure

Nutanix revenue soars in first year as public company

Hyperconverged pioneer Nutanix has seen revenue growth of 72% for its first year as a public company - but the losses keep coming.

By Heather Wright • 2 min read • Wed, 6th Sep 2017

Financial results

Rebate woes hit Tech Data profits, despite sales boost

Tech Data has recorded a solid increase in net sales on the back of its Technology Solutions acquisition, but weaker than expected profits for Q2.

By Heather Wright • 2 min read • Tue, 5th Sep 2017

Hyperscale

NEXTDC names FY17 'most significant year in history'

From $1.8 million profit in 2016 to $23 million profit in 2017, NEXTDC is naming it as the most significant year in its history.

By Sara Barker • 3 min read • Fri, 1st Sep 2017

AI Security

Webroot pops the bubbly for another successful year

The cybersecurity vendor posting 15 percent year-over-year bookings growth for its fiscal year ending June 2017 as well as sealing a number of awards.

By Ashton Young • 2 min read • Wed, 30th Aug 2017

Supply Chain

Hills to return to profit next year, takes control of supply chain

Hills expects to return to profitability in the next financial year, and will take full control of its supply chain from early next year.

By Heather Wright • 3 min read • Tue, 29th Aug 2017

Data Analytics

Solid growth for Dicker Data business, but restructure ahead for NZ

Dicker Data has posted solid revenue growth of 7.1% for the first six months of 2017, as it looks to SaaS and IaaS and specialisation to drive growth.

By Heather Wright • 3 min read • Tue, 29th Aug 2017