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388 For Software Firms, Price Increases Are Becoming a Bigger Growth Factor

The Information
Martin Peers @ The Information 3 place · 08/31/2023 20:00 EDT

For Software Firms, Price Increases Are Becoming a Bigger Growth Factor

After a flood of earnings today, from the likes of MongoDB, Broadcom and Nutanix, we’re pretty much done with tech’s latest quarterly earnings season. (Next earnings season is only six weeks away—whoopee!) As we look back at what we learned, here’s something that’s worth thinking about: Price increases for enterprise software firms are likely to underwrite revenue growth in the next year or so. Various companies in the sector have announced price increases in the past 12 months—from Salesforce to Shopify—in

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