JDA announces strong results, driven by end-to-end supply chain transformations

By James Henderson
JDA Software has delivered a historically strong set of financial results, which it says has been driven by end-to-end supply chain transformations. St...

JDA Software has delivered a historically strong set of financial results, which it says has been driven by end-to-end supply chain transformations.

Strong financial momentum has been driven by customer demand for its software and software-as-a-service (SaaS) solutions in the first quarter of 2018.

In a statement, JDA said the results underscore its focus on delivering a cognitive, connected, end-to-end supply chain platform, capable of powering autonomous decision-making and delivering enhanced value to our customers.

“In today’s digital transformations, the ability to synchronise data across the enterprise is critical for success. JDA’s portfolio of end-to-end supply chain across planning, warehouse & transportation, and retail operations is driving real-time insights for our customers,” said Girish Rishi, chief executive officer, JDA.

SEE ALSO:

“We’ll unveil much of our innovations next week at our annual customer conference, JDA FOCUS 2018, where we look forward to welcoming more than 2,000 JDA customers and partners from around the globe.”

Q1 2018 Product (software and SaaS) bookings and revenue grew significantly, 26% year-over-year (YoY) and 36% respectively.

Q1 SaaS bookings grew 107% year-over-year (YoY). Total revenue grew by 13% in Q1 2018 compared to the same period last year. Q1 2018 Professional Services revenue also demonstrated strong growth of 20% YoY. In addition, JDA’s cash position is the strongest in more than five years.

JDA closed 5 product deals over $1mn in Q1 2018, representing a 150% YoY increase in large deal wins. JDA added 25 net-new customers in Q1 2018.

Share

Featured Articles

Logistics innovation 'hampered by C-suite, cash & staffing'

Descartes Systems Group report reveals innovation in the logistics sector is being hampered by management problems, under-investment and staffing issues

Biden appoints new supply chain risk cyber chief

US Government's Cybersecurity and Infrastructure Security Agency launches new office to protect country against malware when procuring IT services

Supply chain shocks dampening investment, says Capgemini

Report from Capgemini Research Institute shows supply chain disruption is top risk to business growth, and that sustainability efforts are on the wane

Factory fire top supply chain disruption in 2022 - Resilinc

Digital Supply Chain

Logistics news roundup: Etihad Cargo, OneRail, last mile

Logistics

Supply chain global news & views: Apple, Ukraine & Gartner

Supply Chain Risk Management