Annual Recurring Revenue (ARR) stories
Defence training demand helped lift annual revenue 43% to AUD $20 million, while xReality Group cut its net loss to AUD $0.1 million.
The hire signals Forcepoint's push to sharpen its AI security sales as rivals vie for enterprise spending on data protection.
Higher demand for AI and hyperscale products helped lift revenue 38% to USD $1.2 billion, prompting Everpure to raise full-year guidance.
Strong demand for its Falcon platform and AI security tools helped CrowdStrike lift full-year guidance after record quarterly ARR growth.
Rising AI deployments are helping drive broader platform use, with most customers now buying several Grafana products and costs falling.
Stronger enterprise demand and AI products helped Zoom raise its full-year outlook after quarterly revenue rose 4.9% to USD $1.28 billion.
Valued at CAD $250 million, the Calgary payments firm will use fresh capital to expand its platform and court more small business merchants.
Annual recurring revenue at the screening software group climbed 40% as it bolsters leadership for a push into the US and other markets.
More city contracts in North America and Australia helped lift recurring sales and cash flow, with usage revenue rising 35% over the year.
Billing and administration will be simpler for MSPs managing email signatures across Microsoft 365 and Google Workspace, with rollout under an hour.
The tie-up could give enterprises a single way to track AI model quality and system performance as production deployments accelerate.
Second-quarter growth in SaaS revenue and cash generation prompted the company to raise its full-year annual recurring revenue outlook.
Revenue is rising fast as the Singapore-founded immigration platform expands across the United States and Latin America with fresh adviser hires.
Private equity buyers are valuing managed service providers on recurring revenue and gross margins as AI uncertainty slows technology dealmaking.
As AI security spending rises, the cybersecurity company has hired a veteran marketer to shape its pitch on data control and governance.
Australian organisations could soon keep more AI workloads onshore as SCX.ai and DDN add capacity aimed at faster, sovereign inferencing.
Growing demand for local AI computing has lifted SCX.ai's contracted annual recurring revenue to AUD $6.5 million and attracted 49 paying customers.
Demand from large enterprises for AI control tools has helped LaunchDarkly pass USD $200 million in annual recurring revenue, up more than 25% year on year.
The platform targets firms struggling to govern AI agents and machine identities, as Saviynt tops USD $300 million in annual recurring revenue.
Finance teams are gaining a system that handles workflows end to end, as Maximor says its platform now covers 98% of transactions autonomously.