Broadband operator NBN Co generated total revenue of $5.5 billion in FY24, an increase of 4 per cent year-on-year, and Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA)1 of $3.93 billion -a 9 per cent improvement on FY23.
COMPANY NEWS: Hotel revenue management software and services company IDeaS announced today that BYD Lofts Boutique Hotel & Serviced Apartments had grown its property revenues by 15% with IDeaS G3 Revenue Management System (RMS) after adopting the system to automate daily pricing activity and enhance its commercial strategies.
ERP Software as a Service (SaaS) provider TechnologyOne has announced its fourteenth consecutive year of record profit, record revenues, and record SaaS fees, with CEO Ed Chung noting that the company has consistently delivered strong results since listing on the ASX in 1999.
Global semiconductor developer BluGlass has secured initial purchase orders of its 405nm and 420nm 250mW single-mode gallium nitride (GaN) lasers from two customers.
Privileged access management (PAM) solutions provider Delinea has appointed 25-year cybersecurity veteran David Castignola as chief revenue officer (CRO).
The worldwide drones market is expected to grow significantly over the next 10 years, with revenues reaching US$90 billion in 2030, according to the latest forecast from one industry analyst.
GUEST OPINION: As the new Albanese-led ministerial team sets its goals and priorities for the coming three years, there are a range of technology related issues that should be included in the mix.
New Zealand’s largest telco Chorus will be able to earn revenues of NZ$689 million in 2022 increasing to NZ$786 million in 2024 under new revenue caps and price-quality guidelines for the telecoms sector announced by the country’s competition regulator, The Commerce Commission.
The University of Queensland has selected security firm Tenable as its cyber exposure solutions provider to help reduce cyber risk across its domestic campuses.
Finnish telecommunications equipment provider Nokia will struggle in the coming year with a further reduction in its market share expected, the technology analyst firm Counterpoint Research says.
The cloud computing market has witnessed impressive growth in recent years, with billions of private and business users taking advantage of the on-demand technology.
Over the past few years, IoT has become one of the most important technologies globally, allowing seamless communication between people, processes, and things.
Global unified communications vendor Avaya has achieved revenues of US755 million in the fourth quarter of 2020 - a 4% year-over-year (YoY) increase - with FY20 revenue rising to US$2,873 million.
Australian listed IT services provider Data#3 increased revenues by 14.9% to $1,625.9 million for the full year 2020 on the back of strong growth in public cloud revenues, which were up by 60.4% to $581.0 million.
Business software vendor SAP says the Asia Pacific Japan (APJ) region had a strong recovery in software licenses revenue over the course of the second quarter 2020, following the global emergence of the COVID-19 crisis, primarily in the last month of the first quarter.
ASX VENDOR ANNOUNCEMENT by WhiteHawk: WhiteHawk Ltd (ASX:WHK) announced that it has established a new sales partnership with a major global consulting firm which is already bringing in new revenues.
ASX VENDOR ANNOUNCEMENT: WhiteHawk Ltd (ASX:WHK) announced that it has established a new sales partnership with a major global consulting firm which is already bringing in new revenues.
The impact of the coronavirus pandemic could cost telecoms operators more than US$25 billion in lost revenue during the next nine months, with more than 650 million passenger trips to be cancelled due to the virus – accounting for over 80% of the anticipated international passenger trips that were previously forecast before the spread of the virus, according to one research firm.
Australian server revenues decreased 5.1% in the fourth quarter of 2019, while shipments declined 6.5% year over year, according to a new analyst report.
The rise in e-commerce is fuelling rapid growth in parcel delivery volumes, with the global market expected to grow to US$665 billion by 2023, according to a new report from global technology research firm Lux.
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