JDA Software Group, Inc. has announced its results for the third quarter of 2017.
The company reported 30 per cent product revenue growth (software, subscription/SaaS), total revenue growth of more than five percent and strong profit growth of more than 18 per cent year-over-year (YoY). This also marks JDA’s seventh consecutive quarter of YoY product bookings growth. JDA’s strong operational performance and focus on combining edge technologies with its leading solution portfolio uniquely positions the company to power today’s digital transformations. These transformations are enabling JDA customers across all industries to shorten their supply chains, increase speed to market and create superior customer experiences and competitive advantage.
“Closing our third quarter with such strong revenue and profit growth gives us the exact momentum we need to close a successful 2017 while delivering a top-notch customer experience. On the heels of a highly successful FocusConnect, with over 500 JDA customers and partners in attendance, there is palpable excitement as digital transformation creates new opportunities throughout the entire supply chain,” said Girish Rishi, chief executive officer, JDA. “Data is the new currency of the supply chain. JDA is committed to exposing this data and providing actionable insights to customers that turn their supply chain into a strategic weapon and competitive advantage.”