
IT Shopping Cart Catalogue in the Cloud
Specialised IT Services Company Empired Limited reveals strong half year growth - and predicts more revenue to come from future "shopping cart" services supplied to corporations and government agencies by proprietary Cloud Computing 'On line Service Catalogues."
Perth based, listed IT Services Company Empired Limited has announced half year earnings previously interest, tax, depreciation and amortisation of $523,548, an increase of 19% compared with the previous half year period. EBITDA grew as a result of increased revenue which was up 8.4% compared to the previous corresponding period to $15.69 million.
"Empired is strategically positioning to take advantage of emerging markets and alternate consumption trends within the IT sector through the introduction of cloud computing services via its proprietary "FlexScale" service offering. "Empiredâs FlexScale enables a new approach to IT by offering organisations a flexible new range of options for how IT services are designed, delivered and managed. IT services can be packaged into consumable IT products. These products are offered through Cloud Computing in the form of online service catalogues, in much the same way as using a shopping cart. "
The previous five straight quarters
"Empired has seen its run rate revenue continue to improve over the previous five straight quarters. "We have attracted some highly experienced, committed business development and innovation professionals, our customers continue to expand the breadth and depth of services they require from Empired and we have invested early and are nevertheless strategically placed to take advantage of the at once wave of IT trends."
More information: Itwire
References:
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Cloud Shopping Cart Service
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Online Shopping Cart Service Cloud
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