1Q 2023 Reported Results and Strategic Growth Initiatives
C credence
ATM Company
|
Promising B2B digital services revenue
Since the launch of Credence in July 2022, Credence portfolio shows a YoY growth of 33%
2023 Offerings
Credence has consolidated professional services offerings into respective
solution pillars - Cloud, SaaS and Analytics in order to deliver greater value to
our enterprise customers. This approach
Aligns with Industry Trends: Consolidation matches enterprise customer
demand for integrated solutions.
Enhances Customer Experience: Offers a more cohesive suite of solutions
driving better outcomes.
Leverages Synergies: Optimizes resources and boosts operational
efficiency.
Q1 Key Achievements
TM
Since the launch of Credence in July 2022, the enterprise digital portfolio
comprised of Cloud, SaaS, Software and Analytics delivered 19% portfolio
growth¹ in FY 2022.
O
In Q1 2023, this portfolio has grown by 33% which is driven by:
Prioritization of specific SaaS solutions, Analytics and Cloud services
as the skills development and growth areas, which has shown healthy
signs of growth and success. Credence showed 161% YoY growth in SaaS
& Analytics and successfully delivered services through its own capability.
Development of in-house capabilities around Application modernisation,
Analytics and Cloud services. Some customer projects delivery include:
(☑☑
Cloud Platform,
Cloud Services,
Managed Services
SaaS,
Consulting
Software
π
Digital
Upskilling
ull
Analytics,
Application
Modernization
8
PETRONAS
TOURISM
MALAYSIA®
UMW
SSM
Civil
SURUHANJAYA SYARIKAT MALAYSIA
COMPANIES COMMISSION OF MALAYSIA
(Agensi di bawah KPDNHEP)
1.
19% FY2022 portfolio growth is a downward revision from 90% that was announced in Q4 2022, mainly driven by change in accounting treatment for software sell through revenue
SUNWAY
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