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Annual contract value (ACV) Stories

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Annual contract value (ACV) stories

ServiceNow unveils Otto & expands AI Control Tower
Digital Transformation

ServiceNow unveils Otto & expands AI Control Tower

The move aims to help enterprises govern AI tools across clouds and systems as they wrestle with rising risk, complexity and automation.

By Sofiah Nichole Salivio • 5 min read • Fri, 8th May 2026
ServiceNow completes USD $7.75 billion Armis acquisition
Firewalls

ServiceNow completes USD $7.75 billion Armis acquisition

The takeover should broaden ServiceNow’s security reach as it folds Armis’s asset-visibility tools into workflows for customers managing more devices and identities.

By Catherine Knowles • 5 min read • Wed, 22nd Apr 2026
Komodor triples ARR as AI reshapes SRE & cloud spend
Virtualisation

Komodor triples ARR as AI reshapes SRE & cloud spend

Komodor triples ARR and doubles Fortune 500 reach as AI-fuelled SRE, automation and cloud cost pressure reshape reliability operations.

By Kaleah Salmon • 4 min read • Fri, 27th Feb 2026
Persistent revenue grows as AI, cloud deals accelerate
Customer Relationship Management

Persistent revenue grows as AI, cloud deals accelerate

Persistent lifts quarterly revenue 17.3% year-on-year to USD $422.5 million as accelerating AI and cloud deals drive larger client wins.

By Joseph Gabriel Lagonsin • 5 min read • Thu, 22nd Jan 2026
Snowflake backs Ataccama to boost AI data quality
Data Analytics

Snowflake backs Ataccama to boost AI data quality

Snowflake invests in Ataccama to embed automated data trust and quality tools deeper into the Snowflake AI Data Cloud for enterprise AI.

By Sean Mitchell • 5 min read • Thu, 8th Jan 2026
Catapult reports 20% rise in ACV & strong revenue growth
Software-as-a-Service

Catapult reports 20% rise in ACV & strong revenue growth

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.

By Melania Watson • 4 min read • Thu, 14th Nov 2024
APAC sourcing market hits all-time high
Infrastructure-as-a-Service

APAC sourcing market hits all-time high

Increasing demand for cloud-based services and strong traditional sourcing activity propelled the Asia Pacific sourcing market to a new high in 2017.

By Jacques-Pierre (JP) Dumas • 3 min read • Tue, 13th Feb 2018

Stories from Other Regions

Annual contract value (ACV) stories

Excite Technology Services reports productive June 2024 quarter
Risk & Compliance

Excite Technology Services reports productive June 2024 quarter

Excite Technology Services reported a strong June 2024 quarter with an additional AUD $989K in annual contract value, bolstering its growth and market position.

By Sean Mitchell • 3 min read • Thu, 27th Jun 2024
Syniti's record Q3 performance driven by Data First strategy & SAP collaboration
Digital Transformation

Syniti's record Q3 performance driven by Data First strategy & SAP collaboration

Syniti's Q3 2023 results soar on back of its Data First approach and strengthened ties with software powerhouse, SAP.

By Catherine Knowles • 3 min read • Thu, 9th Nov 2023