IT Brief Australia - Technology news for CIOs & IT decision-makers

Annual contract value (ACV) stories

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Komodor triples ARR as AI reshapes SRE & cloud spend

Last month
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virtualisation
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devops
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digital transformation
Komodor triples ARR and doubles Fortune 500 reach as AI-fuelled SRE, automation and cloud cost pressure reshape reliability operations.
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Persistent revenue grows as AI, cloud deals accelerate

Thu, 22nd Jan 2026
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crm
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manufacturing
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data analytics
Persistent lifts quarterly revenue 17.3% year-on-year to USD $422.5 million as accelerating AI and cloud deals drive larger client wins.
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Snowflake backs Ataccama to boost AI data quality

Thu, 8th Jan 2026
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data analytics
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digital transformation
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martech
Snowflake invests in Ataccama to embed automated data trust and quality tools deeper into the Snowflake AI Data Cloud for enterprise AI.
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Catapult reports 20% rise in ACV & strong revenue growth

Thu, 14th Nov 2024
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saas
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digital entertainment
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video solutions
Catapult has reported a 20% rise in Annualised Contract Value to USD $96.8 million and significant revenue growth of 19% to USD $57.8 million for H1 FY25.
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Excite Technology Services reports productive June 2024 quarter

Thu, 27th Jun 2024
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risk & compliance
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cybersecurity
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education, learning & training
Excite Technology Services reported a strong June 2024 quarter with an additional AUD $989K in annual contract value, bolstering its growth and market position.
Cloud2

APAC sourcing market hits all-time high

Tue, 13th Feb 2018
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iaas
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cloud services
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acv
Increasing demand for cloud-based services and strong traditional sourcing activity propelled the Asia Pacific sourcing market to a new high in 2017.