Accounting software vendor MYOB has recorded double digit revenue growth for the half year to the end of June and is predicting continued sales growth for its cloud and mobile solutions.
The major new player in the Australian accounting software market, giant US firm Intuit – makers of Quickbooks - has upped the ante in its quest for marketshare and customer acquisition, with a direct hit on competitor Xero.
New Zealand-based accounting software company Xero is likely to list in the US early in 2015 on the back of strong growth in the cloud market and its announcement that annual revenues have now reached over US100 million.
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Thanks David, and thanks iTWire for continuing to cover this.
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