Peachtree 2009 Annual Report Download - page 22

Download and view the complete annual report

Please find page 22 of the 2009 Peachtree annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 33

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33

Software and software-related
services (SSRS)
•Or
g
anic decline of SSRS revenue of 16
%
g%
•New customer organic licence revenue declined by 25%
–
BUT still 245 000 new customers
BUT
still
245
,
000
new
customers
•Upgrades organic revenue declined by 18%
Releases well received but customers remain cautious
–
Releases
well
received
but
customers
remain
cautious
•Software revenue from migrations declined organically
by 15%
by
15%
•Professional services, training and other revenue declined
organically by 8%
22
At constant exchange rates