revenue
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Blog
‘The AI boom has fueled a wave of overfunded startups that look healthy on the surface’: Cash is flowing into AI startups, but investors have warned of the rise of ‘zombiecorns’ as companies struggle with revenue growth
While cash is flowing into the AI startup space, alarm bells are ringing over the long-term viability of many up-and-coming firms. A new report from Silicon Valley Bank (SVB) shows venture capital investment in AI firms has soared in recent years. Analysis from the bank found roughly 40% of all investment raised by funds last year came from those that…
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AWS misses quarterly revenue expectations – but Andy Jassy is still upbeat
Amazon Web Services (AWS) recorded slower than expected growth, according to its latest financial results, marking the third straight quarterly revenue miss for Amazon’s cloud division. Revenue at AWS increased 16.9% to $29.27 billion in its first quarter, ending 31 March. This was slightly below analyst expectations of $29.42 billion and marked a slower growth rate (18.9%) compared to Q4…
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SYSPRO names Leanne Taylor as chief revenue officer
SYSPRO has announced the appointment of Leanne Taylor as its new chief revenue officer as the digital manufacturing solutions provider looks to accelerate global growth. A seasoned industry executive, Taylor brings deep experience in scaling global businesses, executing high-impact deals, as well as spearheading transformational initiatives, the firm said in an announcement. Most recently, she served as senior vice president…
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Most Apps Fail to Hit $1,000 Monthly Revenue Within Two Years
Image: sun_mio/Envato Elements AI-powered apps are outperforming several legacy categories and see revenue per install above 63 cents after 30 days, matching health & fitness apps at the same rate, according to RevenueCat’s State of Subscription Apps 2025 of over 75,000 apps on its platform. “Users are willing to pay more for meaningful AI-driven experiences — but simply adding AI…
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LastPass targets revenue opportunities with partner program refresh
Identity and password management software provider LastPass has announced a fresh round of enhancements to its channel partner program for 2025. The updates have been designed to make it easier to sell and support LastPass’ password management and security solutions through simplified processes, improved tools, and clear benefits, the firm said. Key additions include an improved MSP admin console, a…
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64% of MSPs reported revenue increases last year – in 2025 they want to supercharge profitability
MSPs have reported profitability as being their number one focus for 2025, according to new research from Kaseya, alongside optimism for their future growth. The cybersecurity IT management firm’s survey findings have been documented as part of its State of the MSP Industry 2025 Look Ahead: Trends, Growth and Strategies for Success report, which records current trends among top-earning MSPs.…
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How MSPs can manage their revenue better
Managed service providers (MSPs) provide essential IT and technology services in a fast-growing market. Many smaller and medium-sized companies in particular have come to rely heavily on their MSP partner, who is fundamental to how they run and secure their business. In fact, a recently published report from Grand View Research underlined the increasing reliance on managed services, forecasting a…
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Sonos revenue falls in the aftermath of company’s messy app debacle
Sonos is still trying to climb out from the hole it dug itself earlier this year by recklessly shipping an overhauled mobile app well before the software was actually ready. Today, just a couple weeks after the release of its latest hardware products — the Arc Ultra and Sub 4 — Sonos reported its fiscal Q4 2024 earnings. And the…
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Agilitas targets growth with chief revenue officer appointment
Agilitas IT Solutions has announced the appointment of Gary Lomas as its new chief revenue officer, as the channel services provider looks to drive growth and enhance its channel offering. The experienced sales veteran will commence his new role later this month, tasked with overseeing the company’s entire revenue cycle and strengthening its business resilience. He will also work to…
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