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4Q MAKES PRODWARE’S YEAR Featured

An 18.6-percent increase in revenue turned 2019 from a so-so-year for France-based reseller Prodware into a good one. The company ended the year ended December 31 with roughly $203.9 million up 7.3 percent from 2018.

Of course, SaaS sales boomed, reaching roughly $42 million, a rise of 34.8 percent from the prior year. SaaS revenue now comprises 20 percent of the total, double the share of three years ago. Turnover in 2019 in French-speaking regions jumped to $82.1 million for an increase of 9.7 percent , while international activity continued to expand with a 5.7 percent increase in turnover to reach $121.6 million. The company will release earnings later. A member of the Microsoft Inner Circle for 2019, Prodware is an Autodesk Platinum Partner and says it is Sage’s top VAR in French-speaking countries.

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