A renewed strategic focus on services and restructure has led ASX-listed Cirrus towards achieving its highest consolidated revenue on record to $56.7 million during the first half-year of FY23.
Cirrus Networks has kicked off the first quarter of financial year 2023 with a slew of federal and Canberra-based contract wins totalling $11.5 million.
Publicly listed managed services provider Cirrus Networks has won a three-year managed services contract with global energy giant ENI.
Cirrus Networks has scored a $4 million contract renewal with the ACT government for Cisco network maintenance and support.
Publicly listed managed services provider Cirrus Networks has won a $15.5 million contract with ACT-based Icon Water.
IT service provider Webcentral has posted a loss of almost $11 million for the half year ended 31 December 2021.
Publicly listed managed services provider Cirrus Networks has used NetApp and Cisco equipment as part of a significant storage infrastructure upgrade for Geoscience Australia.
Cirrus Networks’ CEO Matt Sullivan has exited the company after 16 years amid a “comprehensive” review and restructure of the business.
But the company still enjoyed substantial year-on-year growth in revenue.
Cirrus Networks has scored an extra $10 million in Federal Government contracts for the upcoming year.
Cirrus Networks has weathered a 280 per cent year-on-year fall in after-tax profit for the six months ending December 2019 as it works to ramp up its managed services provider business.
Cirrus Networks has been awarded a $5 million contract with the ACT government.
Cirrus Networks has been handed a three-year managed service deal aimed at supporting the merger of three care providers in WA.
Cirrus Networks has struck a deal to acquire Canberra IT services provider, Correct Communications, in a deal set to be worth up to $5 million.
Cirrus Networks has secured two integration projects with “leading organisations” in the resources and education sectors.
Innovation Awards is the market-leading awards program for celebrating ecosystem innovation and excellence across the technology sector in Australia.
By Kalyan Madala, CTO, IBM ASEANZK
