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- Sitecore Surpasses $500M in ARR
Sitecore Surpasses $500M in ARR
Boosted by strong demand for composable products
Digital experience software provider Sitecore has surpassed $500 million in annual recurring revenue (ARR) in its recently closed fiscal year 2024. According to Sitecore, the surge in composable product demand is fueled by enterprise marketing teams looking to easily control their global content lifecycle from strategy to delivery.
“We’ve spent the last year working with customers to ensure our future aligns with theirs. In the coming year you’ll see us double down on bringing together content and experience with AI to create measurable business impact and momentum for our customers,” said Sitecore CEO Dave O’Flanagan.
Elsewhere, HeartCore CMS is the market leader in Japan for the 9th straight year, Adobe adds a new content creation capability, and the WordPress drama shows no signs of slowing down.
Featured Stories
HeartCore’s CMS Platform Achieves Top Market Share in Japan for Nine Consecutive Years: “For the 9th consecutive year, our CMS platform has achieved the top market share in sales value in Japan, a reflection of our team’s ability to sustain growth.”
Adobe Express Accelerates On-Brand Content Creation for Global Enterprises with New Capabilities: “Adobe already provides the most comprehensive set of content supply chain solutions in the industry and with Adobe Express, we’re unlocking on-brand content creation for everyone in the enterprise at unprecedented scale and ease.”
parcelLab and Metapack Partner to Empower Retailers with Seamless End-to-End Delivery Experiences: “By combining parcelLab’s expertise in the post-purchase experience space with Metapack’s extensive global carrier network, e-commerce brands can expand their reach and ensure superior delivery experiences, even in new markets.”
FlexFactor Raises $16.8M Series A from Bessemer Venture Partners to Tackle the $500 Billion eCommerce Problem: Checkout Failures Due to Payment Declines: “We're excited to partner with Bessemer Venture Partners on the next phase of our journey. The new funding will further our R&D, while expanding global operations with sales and support.”
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Stories that caught our eye
MACH Alliance Elects a New Board: Including a first business leader Chairperson and new mission statement.
WordPress.org Makes a Move: In the latest twist in the saga they’ve taken control over a WP Engine plugin.
Composable AI?: Haltia.ai is introducing the latest business game changer.
Essential CMS Features: Kontent.ai lists the features organizations should consider.
Commerce as Code: A way to fix how developers build commerce.
When Should You Start Considering an AI Search Solution?: Algolia explains a few situations where it fits.
The word on the street…
[LinkedIn]: Commercial vs open source vendors: Oshyn CTO Christian Burne explains why the WordPress situation shows commercial vendors can be better than open source.
[Reddit]: Headless cms for a commerce project: This Redditor is looking for recommendations.