SCOTTSDALE, Ariz.--(BUSINESS WIRE)--JDA Software, Inc., today announced significant financial momentum and customer wins in the fourth quarter and for the full year 2017. JDA’s continued strong operational performance, combined with its focus on end-to-end supply chain, positions the company well for continued growth in 2018.
JDA achieves record Q4 total revenue and full year significant growth
Total revenue grew by over 11 percent in Q4 2017 compared to the same period last year. 2017 Product (software and SaaS) revenue growth exceeded 32 percent year-over-year (YoY). Product bookings grew 18 percent in 2017. Q4 2017 Professional Services revenue also demonstrated strong growth of 19 percent YoY. In addition, JDA is in its strongest cash position in more than five years.
“JDA’s end-to-end value proposition — supply chain planning, execution and delivery — is proving to be critical to driving transformational business value that our customers seek,” said Girish Rishi, chief executive officer, JDA. “We have increased our R&D efforts to expand our market-leading position.”
Customer momentum fueled by large, digital transformational deals
JDA closed 33 deals over $1 million in 2017, representing a 32 percent YoY increase in large deal wins. JDA added 31 new customers in Q4 2017 and 148 new customers in fiscal 2017. Some of the customers that selected or extended their footprint with JDA during the quarter include:
- Americas: Alcon Laboratories, Inc., American Eagle Outfitters, Inc., Armada Supply Chain Solutions, LLC, BHermanos, GPM Investments LLC, HD Supply Support Services, Inc., Home Depot U.S.A., Inc., Kwikset Corporation, L.L.Bean, Niagara Bottling LLC, Pactiv LLC, Retail Data Systems (RDS), RUAN Transportation Management Systems, Sally Beauty Supply, Smart & Final Inc., Tech Data Corporation, Unilever, 99 Cents Only Stores LLC.
- APAC: Aditya Birla Retail, CJ Logistics, LAVA, Personal Collections, Power Mac, Wilcon
- EMEA: Alfil Logistics, Ali S.p.A., Antonio Puig, BP, DIMAR, Eurotorg, Krones AG, Merck, Modi LLC, Pep & Co., Renault, Sumitomo Electric Wiring Systems – Europe
About JDA Software, Inc.
JDA Software is the leading supply chain provider powering today’s digital transformation. We help companies optimize delivery to customers by enabling them to predict and shape demand, fulfill faster and more intelligently, and improve customer experiences and loyalty. More than 4,000 global customers use our unmatched end-to-end solutions portfolio to unify and shorten their supply chains, increase speed of execution, and profitably deliver to their customers. Our world-class client roster includes 76 of the top 100 retailers, 77 of the top 100 consumer goods companies, and 8 of the top 10 global 3PLs. Running JDA, you can plan to deliver. www.jda.com
“JDA” is a trademark or registered trademark of JDA Software Group, Inc. Any trade, product or service name referenced in this document using the name “JDA” is a trademark and/or property of JDA Software Group, Inc.