28th Apr 2014 10:26
LONDON (Alliance News) - Fusionex International PLC Monday said its results for the half year ended March 31 were in line with market expectations, and said it remained focused on its target of delivering double-digit revenue growth.
The software company said it had seen revenue of around MYR24 million during the year, up more than 30% compared to the previous year. It did not provide comparative figures.
Fusionex said it had won new contracts during the half year, including a multi-million dollar deal with a travel, leisure and hospitality client and a contract with a hypermarket chain.
The company launched its big data analytics software GIANT in December, and said that it had taken all three of its clients who were piloting the software live. It also has entered into partnerships with other big data platform providers Cloudera Inc, Hortonworks Inc and Revolution Analytics Inc, amongst others.
It said it intends to add further partners to widen its network and broaden its reach.
Fusionex said it would announce its interim results by the end of May.
Shares in Fusionex were trading up 1.5% at 515.00 pence Monday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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