SCOTTSDALE, Ariz.--(BUSINESS WIRE)--JDA Software, Inc. today announced strong financial momentum and customer demand for its software and software-as-a-service (SaaS) solutions in the first quarter of 2018. These results underscore JDA’s focus on delivering a cognitive, connected, end-to-end supply chain platform, capable of powering autonomous decision-making and delivering enhanced value to our customers.
“In today’s digital transformations, the ability to synchronize data across the enterprise is critical for success. JDA’s portfolio of end-to-end supply chain across planning, warehouse & transportation, and retail operations is driving real-time insights for our customers,” said Girish Rishi, chief executive officer, JDA. “We’ll unveil much of our innovations next week at our annual customer conference, JDA FOCUS 2018, where we look forward to welcoming more than 2,000 JDA customers and partners from around the globe.”
In Q1 2018, disciplined focus on growth and execution delivers strong SaaS bookings growth (unaudited)
Q1 2018 Product (software and SaaS) bookings and revenue grew significantly, 26 percent year-over-year (YoY) and 36 percent respectively. Q1 SaaS bookings grew 107 percent year-over-year (YoY). Total revenue grew by 13 percent in Q1 2018 compared to the same period last year. Q1 2018 Professional Services revenue also demonstrated strong growth of 20 percent YoY. In addition, JDA’s cash position is the strongest in more than five years.
Customer momentum fueled by large, digital transformational deals
JDA closed five product deals over $1 million in Q1 2018, representing a 150 percent YoY increase in large deal wins. JDA added 25 net-new customers in Q1 2018. Some of the customers that selected or extended their footprint with JDA during the quarter include:
- Americas: 3M Company, Accenture Federal Services, Advantage Solutions, American Musical Supply, Anheuser-Busch InBev, BJ’s Wholesale Club, Inc., Boscov’s Department Stores, Constellation Brands, Cummins, Inc., GEODIS, Gymboree Group, Inc., Ingram Micro, Inc., Johnson & Johnson Healthcare, Lowe’s Companies, Inc., Mars Information Services, Inc., McKesson Canada, Merck Sharpe & Dohmne Corp., Michaels Stores, Neovia Logistics, Novartis Services, Paccar Inc., Perry Ellis International, Province of British Columbia, PVH Corp., Readerlink Distribution Services, Retail Process Engineering, LLC, Rexall Pharmacy Group, Ryder Integrated Logistics Inc., Sally Beauty, Schenker, Inc., Smucker Services, Sprint/United Management Company, Starbucks, Sterling Jewelers, Tailored Brands
- APAC: Hema Supermarkets, ITC, Linfox Logistics, McDonalds, Shoppers Stop, Silk Contract Logistics
- EMEA: Apotek1, Alshaya Co., Renault, PEP&CO
About JDA Software, Inc.
JDA Software is the leading supply chain software provider powering today’s digital transformations. 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 software and SaaS solutions 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.