Prophecy is more than a software distribution company. We serve as a way to bring products to the world, connecting ideas & information, and creating better software experiences.
At Prophecy, we like to think of ourselves as problem solvers, delivering real business benefits – to the customers who use our software, the companies we buy software from and sell to, and our shareholders. We continue to innovate, long after we’ve developed or acquired our products.
Prophecy’s proven design, development, and sales processes have delivered over 200% growth in sales of our flagship product Snare in the 2015 financial year.
The Snare suite of security and compliance products range from small footprint, highly effective device and network logging and log-management tools through to advanced IT infrastructure threat protection solutions.
Emite develops advanced real-time analytics and dashboard solutions which can be rapidly deployed into nearly every IT environment.
Prophecy International Holdings Limited is pleased to announce that it has completed a sale and purchase agreement to acquire 100% of Australian software company eMite Pty Ltd. This transaction is effective as of July 1st 2015.
New sales of SNARE software products have continued to surge during the month of May. The month closed out with a very impressive sales total that has made May the second best sales month so far this financial year.
New sales of SNARE software products have continued to surge during the month of May. The month closed out with a very impressive sales total that has made May the second best sales month so far this financial year.
As a result, the YTD new sales total for SNARE has grown 117% compared to the same period last year. This is calculated on a fixed foreign exchange rate basis so that sales from one year to the next can be measured without any effect from exchange gains or losses. This growth rate in sales has continued to improve from late last year through to the current month and is directly attributable to the professional processes employed by the team in handling new leads.
A new trend has emerged when recent sales have been analysed. There has been a notable shift in perception by our users and those that have made use of our Open Source solution in the past are starting to understand that to gain full security protection, they need to upgrade to our full function Enterprise software solutions. These upgrades are expected to provide an ongoing increased stream of new licences that will support the sales growth rate being achieved to date.
The sales pipeline for the month of June is the best that it has ever been and this heralds the opportunity for a record sales total for the month of June and the full year. The indications are that the growth will continue through June and provide a record growth result for the full year.
Our Denver sales office has continued to expand to handle this growth and additional resources join us there in early June to help us manage this growth.
Prophecy has maintained its recent growth in SNARE new sales, with YTD growth sitting at 106% as at the end of May comparison. This shows a continuation of the excellent progress in new sales achievement in this financial year as previously reported.
