Published on: August 24, 2023
Transition to growth
The H1 23 results, published today, show impressive progress on both the operational and product fronts. SaaS ARR is up 63% on H1 22. Accolade continues to win new clients while Acclaim Projects and Acclaim Ideas are gaining revenue traction, and the recently launched online sales channels for Acclaim Ideas and Acclaim Products are already achieving ‘benchmark run rates’ for signup activity. The outlook statement is confident. In our view, the pieces appear to be falling into place for significant growth in InnovationOps software in FY25 and beyond.