JDA’s SaaS momentum viser stærke Q3 resultater

Virksomheden leverer 80% SaaS omsætningsvækst og 10% total omsætningsvækst i Q3

JDA Software, Inc.,  announced strong Q3 2019 results driven by 80% SaaS revenue growth and 10% total revenue growth versus the same quarter in 2018.

“In the third quarter, JDA delivered robust SaaS annual recurring revenue growth and consumption metrics,” said Girish Rishi, chief executive officer, JDA. “Our pivot towards an edge-enabled supply chain is now showing meaningful traction as customers derive value from the Luminate machine learning-driven platform.”

SaaS bookings fuel JDA’s Q3 momentum (unaudited)

JDA continued its forward momentum in the transition to a subscription-based business model as SaaS bookings grew 39% on a year-to-date basis. Q3 SaaS mix is up 6 percentage points year-over-year (YoY) to 54% of total product (software and SaaS) bookings for the quarter and up 10 percentage points to 44% on a year-to-date basis. Year-to-date total product bookings were up 9% YoY.  

SaaS annual recurring revenue ended at an all-time high of $180 million.  Third quarter total company revenue grew 10% YoY fueled by SaaS revenue growth of 80% and Professional Services revenue growth of 11%. Year-to-date total company revenue grew 8% with SaaS revenue growth of 87% and Professional Services revenue growth of 10% YoY.  To date, JDA has seen strong cloud adoption by customers; more than 550 customers are using JDA Cloud.  

JDA closed 16 product deals1 over $500,000 in Q3 2019 and closed 47 year-to-date, continuing the momentum seen in recent quarters for customers relying on JDA for their large, transformational digital supply chain initiatives. Additionally, JDA added 36 net new customers in Q3 2019, and 105 new customers year-to-date.

Some of the customers that selected or extended their footprint with JDA/Blue Yonder in Europe during the quarter include:

 Alshaya, Bergendahls Gruppen AB, Clark International Limited, Clipper Logistics plc, DHL, Kiddylicious International Limited, Martin & Servera AB, Marks & Spencer, Maxeda DIY BV, PriceCheck, Renault, Scania CV AB, Scottish Midland Co-operative Society Ltd., Thomee Gruppen AB, WM Morrison Supermarkets Plc

1 subscription bookings based on average annual contract value

Learn more here: 

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Social Networks:
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“JDA” is a trademark or registered trademark of JDA Software Group, Inc. Any trade, product or service name referenced in this document using the name “JDA” is a trademark and/or property of JDA Software Group, Inc.

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