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November 19, 2020

Check Point has received Microsoft’s US Partner Award for Commercial Marketplace. This achievement reflects the business impact of the partnership as well as the strategic technology, product, marketing and sales alignment between Microsoft and Check Point. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Quarterly Performance. – […]

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November 18, 2020

Atlassian also launched Atlassian Ventures. This $50mn venture fund will turbocharge early-stage companies building cloud apps for the Atlassian Marketplace, accelerate the growth of more established partners like InVision and Process Street, just as investments helped do with Zoom and Slack, and support members of the Atlassian Partner Program focused on the cloud. Executive Summary […]

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November 12, 2020

Zscaler ended FY20 with over 4,500 customers, including over 150 of the Fortune 500 and over 450 of the Global 2000 companies. they have over 100 customers that generate over $1mn in ARR or annual recurring revenue. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Quarterly results […]

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November 9, 2020

More than 122,000 businesses and paid customers use the Slack platform. The company boasts a net retention rate of 125%, and a growing number of customers are spending more and more money on the service. It’s also seeing higher conversion rates from its extended 90- day trials than before the coronavirus. Management views this as […]

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November 5, 2020

Oracle announced new cloud services to help mid-sized banks combat money laundering and outsmart financial crime. Oracle Financial Crime and Compliance Management Cloud Service brings two decades of experience in fighting big bank financial crime to an easy-to-manage, cost-effective application suite designed for mid-sized banks. The solution powers the full anti-money laundering (AML) lifecycle, so […]

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October 31, 2020

Rideshare rides declined remarkably during the second quarter due to a drop in active riders as shelter-in-place mandates and other restrictions reduced travel. Lyft Inc has seen a recovery in rides since the second week of April, and while airport rides fell significantly in April and remain down year-over-year, weekly airport rides rose by over […]

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October 31, 2020

StoneCo entered into revised terms of a definitive agreement for STNE Participações S.A. (“STNE”), a controlled company of Stone that holds the software investments business of the Stone group in Brazil, to merge its business with Linx S.A, a leading provider of retail management software in Brazil. Executive Summary Financial Statements – Income Statement and Forecast […]

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October 31, 2020

Subscription revenue in the quarter was $932mn, up 23% year-over-year. The outperformance was driven by strong renewals, favorable new business linearity and a onetime benefit of $6mn from the acceleration of revenue on a customer contract. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Q2FY21 Results Overview […]

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October 12, 2020

VMware Cloud’s  Subscription and SaaS revenue comprised 22% of total revenue in Q2, an increase of more than five percentage points versus Q2 of last year. Within subscription and SaaS, the largest revenue contributors include VCPP, modern applications, EUC and Carbon Black. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – […]

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October 12, 2020

Nutanix, a leader in hybrid and multicloud computing, today announced the release of the first cloud agnostic multidatabase management solution. Era 2.0 extends the Nutanix database management solution across clouds and clusters to simplify operations, with increased scale and reduced costs for IT and database teams.  Executive Summary Financial Statements – Income Statement and Forecast […]

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October 5, 2020

The enterprise cloud computing solutions provider has been benefiting from the robust demand environment as customers are undergoing a major digital transformation. The rapid adoption of its cloud-based solutions led to the better-thanexpected performance during the quarter.Revenues from Service Cloud, one of the company’s largest and the fastestgrowing businesses, also improved 20% to $1.3bn. Executive […]

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September 29, 2020

Splunk unveiled new updates to Splunk IT Service Intelligence (ITSI). Splunk ITSI 4.5 delivers a centralized framework for monitoring and investigation in one view, giving organizations enhanced service monitoring and event management features to support large deployments. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Q2FY21 Results […]

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September 25, 2020

In its enterprise vertical, NetScout is making significant progress as its customers are evolving and accelerating their digital transformation initiatives to adjust to the ways they operate their businesses due to the COVID-19 pandemic. In the quarter, it closed a series of deals amounting to low seven figures in total with a healthcare provider customer. […]

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September 23, 2020

The company will continue to strengthen its long-term market position through smart acquisitions. Over the past few months, they welcomed two terrific companies to Atlassian: Halp and Mindville. Both will bolster the IT service management (ITSM) value proposition, as well as work management offering for non-technical teams. Executive Summary Financial Statements – Income Statement and […]

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September 16, 2020

The company  launched computer back up, a feature that allows to automatically back folders on their PC or Mac, including their desktop, downloads and documents folders directly into their Dropbox. These three features are now available in data to its Plus subscribers and represent one of the biggest updates they’ve made to the SKU since […]

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September 11, 2020

Over 800 SAP S/4HANA customers were added in 1HFY20, boosting total adoption 22% Y/Y to more than 14,600 customers, of which more than 7,400 are live. In addition, SAP made the SAP Ariba Discovery solution available free of charge during the COVID-19 pandemic to help buyers source suppliers, goods, and services globally. Executive Summary Financial […]

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September 9, 2020

Talend now has over 2800 cloud customers and is seeing strength in the addition of new enterprise customer logos such as Subaru, Info Group, Scotiabank, and Energy Australia. The  companyalso continue to see growth within accounts with companies such as Bayer converting on-premise license to cloud. Executive Summary Financial Statements – Income Statement and Forecast […]

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September 8, 2020

Universal Filmed Entertainment Group and Microsoft Corp. announced a strategic partnership to cloud-optimize live-action and animation productions. The partnership aims to empower the creative community with cloud-based production workflows that enable frictionless remote collaboration and content creation. Working together, the teams will extend DreamWorks Animation’s cutting-edge   production platform to include live-action production. They will bring […]

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September 7, 2020

Dassault Systèmes acquires Proxem to Extend Information Intelligence on the 3DEXPERIENCE Platform to semantics with natural language processing technologies. Customers can automate the interpretation of unstructured text data to become more innovative, agile and sustainable. Proxem customers include Air France, Air Liquide and Total among others. Executive Summary Financial Statements – Income Statement and Forecast […]

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September 2, 2020

Square acquired Stitch Labs, an operations management platform for growing commerce brands. Stitch Labs has a strong background in building key tools for businesses such as inventory and order management, channel management, and fulfillment solutions. The team will join its Seller organization.  Longer term, the company plans to sunset Stitch Labs’s products so the team […]

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September 1, 2020

ServiceNow saw continued momentum in ITSM Pro and growth in risk and security, especially as enterprises focus on business continuity. ITSM Pro led eight of the 10 ITSM deals, delivering customers increased automation and operational resiliency and is accelerating digital transformation for its customers. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet […]

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August 27, 2020

ManTech announced that it has been awarded a five-year $87 million task order to provide advanced IT Software Research, Development and Engineering in support of the Navy Maritime Maintenance Enterprise Solution (NMMES) for the Naval Sea Systems Command (NAVSEA) ship maintenance mission. The company was awarded this contract under the Department of Defense Information Analysis […]

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August 24, 2020

Check Point launched Infinity System-On-Chip (SOC), built for threat prevention, detection,investigation, and remediation in a single platform to provide security and operational efficiency. The SOC uses AI-based incident analysis to remove millions of irrelevant logs and alerts, helping enterprise security teams to expose and shut down cyberattacks with best-in-class speed and precision. Executive Summary Financial […]

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August 18, 2020

The next-generation autonomous database launched by Oracle, supported by ML, is gaining traction. In the reported quarter, Oracle added new Autonomous Database cloud customers. New product introductions are likely to boost growth further in this category. Markedly, autonomous database in Gen2 public cloud infrastructure is witnessing rapid adoption. Executive Summary Financial Statements – Income Statement […]

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August 14, 2020

Adobe saw historic highs in Adobe.com traffic across both Creative Cloud and Document Cloud. Demand for professional video products was particularly high with strong engagement for Adobe Premiere Pro and After Effects. The company also saw strong growth from Social content creators using Premiere Rush, resulting in 75% increase in monthly active users Q/Q. Executive […]

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August 12, 2020

The U.S. Department of Defense (DoD (DODSF)) organization, selected Zscaler to deliver a secure cloud management solution. Zscaler will provide zero trust access to protect DIU users and cloud services from cyberthreats no matter where personnel are working or what devices they are using. With a successful DIU prototype, the Zscaler solution has the potential […]

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August 11, 2020

Intel and VMware, Inc. announced they are collaborating on an integrated software platform for virtualized Radio Access Networks (RAN) to accelerate the rollout of both existing LTE and future 5G networks. As communications service providers (CoSPs) evolve their networks to support the rollout of future 5G networks, they are increasingly adopting a software-defined, virtualized infrastructure. […]

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August 10, 2020

Nutanix expanded integration with ServiceNow, as well as introduced new capabilities in Nutanix Calm, its automation and management solution for DevOps. As customers look to streamline their IT operations and costs during this difficult time, these new features will help customers to simplify and automate infrastructure, application, and cloud management even further. Executive Summary Financial […]

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August 4, 2020

Workday Financial Management customer base exceeded 900, with key wins including a Fortune 50 company — Fannie Mae. Louisville-Jefferson County Metro Government, a large health care company with more than 60,000 employees, and Okta, were other notable customers that selected Workday Financial Management. The company expanded partnership with Microsoft MSFT to help customers in utilizing Workday […]

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July 17, 2020

Square has acquired another Spanish based payments app called Verse that allows users to send money to friends and family for free. The terms of the deal were not disclosed. Verse is being integrated into its Cash App division, which also allows users to transfer money to one another. This acquisition will make way for […]

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July 17, 2020

Salesforce also created Free Rapid Response Salesforce Care products to help companies work, to sell, to service, to market from their homes. The company already had more than 38,000 signups for Salesforce Care led by versions of Salesforce Essentials and Salesforce Quip. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – […]

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July 16, 2020

SAP SE and Accenture launched a co-developed solution for upstream oil and gas companies based on SAP S/4HANA Cloud. Using intelligent technologies such as artificial intelligence (AI), the SAP S/4HANA Cloud solution for upstream oil and gas helps customers to further increase visibility into operations and cash flow. Additionally, the solution includes contributions from leading […]

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July 14, 2020

Splunk’s robust partner ecosystem continues to grow, with the company announcing a new, strategic partnership with Google Cloud. The partnership will bring Splunk Cloud to Google Cloud, allowing customers to unlock the value of their data, drive actionable insights and enable fast decisions across the enterprise. Executive Summary Financial Statements – Income Statement and Forecast […]

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July 7, 2020

ManTech announced the modernization of Maritime Patrol and Reconnaissance Aircraft (MPRA) for the Navy (NVYAF). ManTech was awarded a new, 5-year contract totaling $920mn supporting the Remote Sensing Center – National Capital Region and Naval Surface Warfare Center Crane with ISR sensor and electronic intelligence processing modernization efforts on MPRA platforms. The Company received a […]

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July 3, 2020

Talend announced it has achieved Elite Status in the Snowflake Partner Network (SPN). This achievement recognizes Talend’s track record for delivering enterprise data management technologies from its Talend Data Fabric suite of apps, such as Stitch Data Loader and Talend Cloud for Data Quality and Data Governance, to customers on Snowflake’s cloud data platform. Executive […]

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June 29, 2020

Dassault Systemes also launched Virtual twin experience for humans during the quarter. Vitual twin experiences open up new possibilities for Life sciences and healthcare by enabling research, medical, surgical and other healthrelated disciplines to understand, model, search, test and treat a human body as precisely, safely and effectively as other industrial disciplines already can with […]

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June 19, 2020

Atlassian completed the full rollout of free cloud editions across its core products – Jira Software, Confluence and Jira Service Desk. .The company ended the quarter with a total customer count, on an active subscription or maintenance agreement basis, of 171,051. It added 6,261 net new customers during the quarter. Executive Summary Financial Statements – […]

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June 15, 2020

ServiceNow saw strength in the Americas, its largest region and contributing 67% of total revenues. The company also saw a strong deals completed in EMEA, despite the challenging environment. The company also saw a strong growth in APJ, despite the impact of COVID-19 throughout the quarter. Now Cloud went live in Seoul, South Korea in […]

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June 9, 2020

Check Point Technologies announced the availability of its complete Quantum Security Gateways™  series, which deliver unprecedented protection, scalability, and ease of deployment and control for enterprises, from their branch offices to corporate data centers.The company expanded its suite of products in Infinity architecture by launching new products. Infinity is the only architecture in the industry, […]

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May 6, 2020

Salesforce announced an expanded relationship with Build-A-Bear Workshop, Inc. Build-A-Bear has selected Salesforce as its strategic partner in digital transformation as it plans to diversify its retail portfolio, evolve its business model, and build stronger relationships with consumers. Build-A-Bear expects to leverage real-time data and analytics from Salesforce Customer 360 to deliver personalized, cross-channel guest […]

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March 13, 2020

NetScout Systems provides service assurance, security, and business analytics for digital business services against disruptions in availability, performance, and security. The company offers nGeniusONE management software and specialized platforms and analytic modules that enable its customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks. Executive Summary Financial Statements – Income Statement and […]

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February 17, 2020

MSFT’s stunning performance continued in FY20 as the revenues came in at $36.9bn, up by 14% Y/Y. Azure’s unprecedented performance: In Q2FY20, Azure grew by 62% driven by IAAS and PAAS services. The company continues to expand its footprint to 56 data center regions and will be the first to open in Israel and Qatar. […]

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September 4, 2019

Adobe delivered another strong quarter with record revenue and continued growth across Adobe Creative Cloud, Adobe Document Cloud, and Adobe Experience Cloud. Total revenue was $2.74bn in Q2FY19, representing 25% Y/Y growth. GAAP earnings per share for the quarter was $1.29, and non-GAAP earnings per share were $1.83. Number of Pages – 39 Contents Executive […]

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August 28, 2019

Nutanix deferred revenue increased by 55% Y/Y to $838.3mn in Q3FY19. Software and Support Revenue increased by 17% Y/Y to $265.8mn in Q3FY19 from $226.8mn in Q3FY18. Software and Support Billings increased by 11% to $324.2mn in Q3FY19 from $292mn in Q3FY18. Number of Pages – 44 Contents Executive Summary Financial Statements –Income Statement and […]

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August 23, 2019

Cloud Services and License Support revenues were $26.7bn, while Cloud License and On-Premise License revenues were $5.9bn. Total Cloud Services and License Support plus Cloud License and On-Premise revenues were $32.6bn, up 2% in USD and 4% in constant currency. Number of Pages – 43 Contents Executive Summary Financial Statements –Income Statement and Forecast –Balance […]

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August 23, 2019

Revenue for the quarter was $2.27bn, an increase of 13% from the previous year quarter. License revenue for the quarter was $869mn, an increase of 12% from the previous year quarter. Number of Pages – 39 Contents Executive Summary Financial Statements –Income Statement and Forecast –Balance Sheet –Cash Flow –Q1FY20 Results Overview –Segment-wise Performance –New […]

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August 19, 2019

Workday’s revenues increased by 33.4% to $825.1mn in Q1FY20 due to strong growth in subscription revenue. Subscription services revenues (84.9% of total revenues) rallied 34.3% Y/Y to $701mn on the back of expanding customer base and robust net new ACV growth. Further, synergies from Adaptive Insights acquisition and strong product suite drove revenues in the […]

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August 19, 2019

Total revenues for the quarter increased by 36% Y/Y to $425mn with an increase in software revenues by 54% Y/Y. Splunk signed more than 400 new enterprise customers. GAAP operating loss was $145mn and GAAP operating margin was -34.1% in Q1FY20. Non-GAAP operating loss was $7.8mn and non-GAAP operating margin was -1.8% in Q1FY20. GAAP […]

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August 6, 2019

Talend’s revenues for the quarter increased by 24% Y/Y to $57.8mn and subscriptions revenue increased by 26% Y/Y to $50mn. Annualized Recurring Revenue increased by 28% to $205.1mn in Q1FY19. Talend Cloud represented 36% of new ARR and Talend Cloud revenue grew more than 100% Y/Y for the 11th consecutive quarter. Number of Pages – […]

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July 19, 2019

DASTY had strong growth in revenues and earnings in Q1FY19 with Software revenue and recurring software revenue up by 8%, licenses & Other software up by 9% on a constant currency basis. Cash flow from operations increased by 20% to €489mn in Q1FY19. Number of Pages – 43 Contents Executive Summary Financial Statements –Income Statement […]

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July 3, 2019

Subscription revenues for the quarter were $740mn, representing 40% Y/Y adjusted growth including $20mn of foreign exchange headwinds. Subscription billings were $810mn representing 33% Y/Y adjusted growth including $22mn and $18mn of foreign exchange and duration headwind respectively. The renewal rates during the quarter were 98%. Number of Pages – 40 Contents Executive Summary Financial […]

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July 3, 2019

S/4HANA adoption grew to more than 10,900 customers, up 30% Y/Y. In the quarter, over 40% of the additional S/4HANA customers were net new. S/4HANA continues to be selected by world-class global companies, including Levi’s, CVS Health and Schaeffler Technologies. Puma and Bausparkasse Schwäbisch Hall went live with S/4HANA in the quarter. Number of pages […]

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June 28, 2019

Atlassian achieved $309mn in revenue, up 38% Y/Y during the quarter. Net loss per diluted share was $0.85 for the quarter. Net income per diluted share was $0.21 for the quarter as compared with $0.09 for Q3FY18. Number of Pages – 38 Contents Executive Summary Financial Statements –Income Statement and Forecast –Balance Sheet –Cash Flow […]

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June 20, 2019

Total revenues for the quarter increased by 24% to $3.6bn from $2.9bn in Q1FY19. This was driven by an increase of 49% in the Salesforce platform and other revenues to $825mn for the quarter. Subscription and Support revenues grew 26.4% for the quarter to $3.37bn. Number of pages – 38   Contents Executive Summary Financial […]

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March 11, 2019

The growth of cloud computing market is expected to reach $53.3 billion in 2021, up from $28.1bn this year in
2017.

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