logo-loader

Transition to SaaS model 'going very well' for Brady Plc

Published: 09:19 08 Sep 2017 EDT

Ian Jenks, chief executive of Brady Plc (LON:BRY) tells Proactive they're making rapid progress in their transition to a software-as-a-service model.

The group said in its half-year results for the first six months of 2017 that it has already booked 93% of expected full-year revenue.

Revenue in the first half of the year eased to £13.18mln from £14.76mln the year before, but a decline in revenue is often seen in companies that switch from a one-off, up-front licence renewal model to a pay-as-you-go recurring revenue model.

Rush Rare Metals Advances Two Key Projects: Uranium in Wyoming and Niobium...

Rush Rare Metals CEO Peter Smith joined Steve Darling from Proactive to share news about the mineral exploration company's focus on its Boxi Property in Quebec and the Copper Mountain Project in Wyoming. The company recently announced the staking of the Knob claims in Wyoming, comprising 52...

27 minutes ago