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Fusionex reports good H1 trading
28-04-2014 13:41
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It was a strong first half for software solutions provider Fusionex, with year-on-year revenue growth of more than 30 per cent, helped by a number of contract wins, improved customer generation, and the launch of its 'Giant' software at the end of 2013.
The group said its results for the six months to the end of March would be in line with market expectations, with revenue of MYR24m. Fusionex said it had been a "solid" start to the year, and that it remained focused on delivering strong double-digit growth.
"Over the last few months, [the company] has continued with its accelerated R&D roadmap to further enrich Giant's functionality," Fusionex said.
"During this time, the group has successfully converted all three of its pilot clients for Giant to production ('live') clients. In line with the group's plans to strengthen its Big Data Channel network, Fusionex established key technology partnerships with established and leading Big Data platform providers including Cloudera, Hortonworks and Revolution Analytics."
The company said it now plans to recruit additional channel partners to both widen its network and broaden its market reach.
NR
The group said its results for the six months to the end of March would be in line with market expectations, with revenue of MYR24m. Fusionex said it had been a "solid" start to the year, and that it remained focused on delivering strong double-digit growth.
"Over the last few months, [the company] has continued with its accelerated R&D roadmap to further enrich Giant's functionality," Fusionex said.
"During this time, the group has successfully converted all three of its pilot clients for Giant to production ('live') clients. In line with the group's plans to strengthen its Big Data Channel network, Fusionex established key technology partnerships with established and leading Big Data platform providers including Cloudera, Hortonworks and Revolution Analytics."
The company said it now plans to recruit additional channel partners to both widen its network and broaden its market reach.
NR
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