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Nexion finishes its first year at a gallop, with IBM partnership underpinning its path towards being a global player

Nexion’s share price has risen by 22% over the past month, as the company forges a strategic partnership with IBM that underpins its international expansion. Hybrid cloud provider Nexion Group (ASX:NNG) has just completed a year in which it took great strides toward achieving its goal of becoming a global hybrid cloud operator of choice. During the …

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Nexion completes Blue Sky acquisition on better terms, set to increase its recurring revenue base

Nexion’s acquisition of Blue Sky will not only save costs and increase Nexion’s product range, but will also add to its recurring revenue mix. Hybrid cloud provider Nexion Group (ASX:NNG) has finalised its acquisition of Perth-based telecommunications and network solution provider, Blue Sky Telecom, on revised and  improved terms. The amended agreement means that Nexion will …

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Cloud computing will be a $540 billion market in 2022. Here’s how ASX cloud stocks stack up

Cloud computing is arguably one of the biggest disruptors to have happened over the last 15 years. The revolution has impacted many facets of our daily lives. Think Netflix, Spotify or Zoom – which enable us to watch movies, listen to music, or have meetings on any device (laptops, tablets, smartphones), anywhere. At the enterprise …

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Nexion taking the helm of Aryaka in ANZ is a ‘simply world-class’ deal in the booming cloud market

Nexion’s extended contract with Aryaka will see it focussed on driving the direct and channel adoption of Aryaka’s Global SD-WAN and SASE solutions, a market which is poised to increase significantly by 2024. Hybrid cloud provider Nexion Group (ASX:NNG) will take the helm of Aryaka in Australia and New Zealand (ANZ) as Principal Partner, allowing the company …

Nexion taking the helm of Aryaka in ANZ is a ‘simply world-class’ deal in the booming cloud market Read More »

Cloud Services: Key drivers, COVID-19 impact and emerging sub-sectors

On the Bid is a new Stockhead video series featuring a roundtable of experts discussing a new investment topic each week. In this edition, host Oriel Morrison discusses cloud services Populating the expert panel this week is Karim Nejaim, managing director & CEO of ActivePort and Paul Glass, group CEO of Nexion Group (ASX:NNG). The group discusses a …

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Nexion is fast-becoming a serious contender in global managed services

Nexion’s solid Q2 sales follow a strong Q1, as the company continues to hit target metrics since its highly successful IPO in February. Hybrid cloud provider Nexion Group (ASX:NNG) is fast cementing its place in the competitive global market for cloud services, increasing its total contract revenue (TCV) by 68% from the prior year’s quarter. The …

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Nexion launches hybrid cloud services in NZ with IBM, makes progress in international expansion

Nexion’s launch of its hybrid cloud solutions with IBM is testament to its strong alliance with the global giant, and underpins its international growth strategy. Hybrid cloud provider Nexion Group (ASX:NNG) is set to make further progress in its international growth plans, launching its hybrid cloud solutions with IBM Global Technology Services (IBM GTS) in New …

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