Micro Focus provides the leading modernization solutions for enterprise applications in an addressable market of $6.4 billion.
The Group’s three interlinked software product categories meet business requirements to reduce costs and improve productivity.
Increasing demand from a large and expanding global customer base provides a platform for sustainable and profitable revenue growth to drive superior total shareholder returns going forward.
Micro Focus doubled its revenues in Australia in FY2010, increasing licence revenues nearly 70%
Micro Focus opened its Indian operations only recently and saw significant growth in this new market, generating revenues in excess of $5 million in FY2010
Revenues in Germany more than doubled in FY2010, with a quadrupling of licence revenues
Micro Focus operations in Denmark, Finland, Norway and Sweden increased revenues by 40% in FY2010
Despite a very strong year in FY2009 in Spain and Portugal, Micro Focus doubled its revenues in the region in FY2010
Ninth consecutive year of revenue growth, more than 40% increase on FY2009
In North America in FY2010 Micro Focus generated approximately $20 million in revenues from larger value Modernization & Migration transactions. Larger value transactions are each in excess of $500,000