Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Micro Focus International plc    MCRO   GB00BJ1F4N75

MICRO FOCUS INTERNATIONAL PLC

(MCRO)
  Report
Real-time Estimate Quote. Real-time Estimate CHI-X - 01/15 11:30:00 am
430.55 GBX   +2.41%
01/11INSPIRE 20 PODCAST : Meet Morag Lucey of Televerde
PU
01/11INSPIRE 20 PODCAST : Meet Morag Lucie of Televerde
PU
01/10MICRO FOCUS INTERNATIONAL : CFO to Exit in Six Months
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Micro Focus Deepens Channel Commitment in Asia Pacific and Japan: More Focus on Partner Capabilities and Growth Opportunities

11/24/2020 | 08:35am EST

Strategic investments to help Micro Focus partners build robust capabilities and relations with their install base to address urgent business needs during the pandemic.

Micro Focus (LSE: MCRO; NYSE: MFGP) today announced increased focus on its dedicated channel program, reinforcing and extending Micro Focus's commitment to its distributor and reseller base in Asia Pacific and Japan against the pandemic backdrop. Members of Micro Focus Partner Program can expect focused, enriched layer of support and enablement across key pillars including portfolio enhancements, training and certifications, and upselling and cross-selling opportunities.

Driving growth for the channel community even during the crisis period, Micro Focus made swift and strategic investments at the start of this year to smoothen the transition for partners and equip them with essential resources to support their customers' Business Continuity Plans. Micro Focus rolled out a series of packaged digital offerings that leverage the breadth and depth of its technology portfolio, allowing partners to confidently add value across key technology pillars-Hybrid IT, Security, DevOps and Predictive Analytics.

The focus on building partners' digital capabilities and resilience underscores key Micro Focus initiatives to introduce flexibility and process adjustments to the channel program. This year, the company saw a tenfold year-on-year increase in the Virtual Instructor-led Trainings attendees and 15 percent increase of certifications acquired. Partner and resellers now also benefit from funding support and guidance on go-to-market strategies, which serve as key drivers of new growth opportunities in 2020 and beyond.

'Micro Focus' commitment to our partners and customers was put to the test this year due to major disruptions to the global economy and unforeseen changes to the way businesses are conducted. The situation required practical and decisive actions from us, and we are very heartened to see our approach making a positive impact on the way our partner community has adapted to and thrived in today's business climate,' said Stephen McNulty, President, Asia Pacific and Japan, Micro Focus. 'Through the strengthened relationship we have with our network of resellers and distributors in Asia Pacific and Japan, we want to instil in them a renewed sense of confidence to approach their customers with strong capabilities and a deep understanding of modern IT needs that meet urgent business requirements.'

Micro Focus' continued investments in delivering more value and growth opportunities to our dedicated partner base have been met with positive partner response in Asia Pacific and Japan. The company has seen over 50 percent of year-on-year growth in number of partners submitting deal deal registrations, which reflects an increase in net new businesses, as well as enhanced partner capabilities to better serve their customers across the region.

Micro Focus will be announcing nine winners at this year Micro Focus Partner Awards, which will take place virtually on 24 November 2020. Amongst the list to winners, the following representatives from Asia Pacific and Japan will be honored for their dedication to powering innovative solution for the region's digital future:

Insync Solutions Pty Ltd - APJ Partner of the Year 2020, Emerging Market

Adamant Information Technology - APJ Partner of the Year 2020, Predictive Analytics

Larsen And Toubro Limited Smart World & Communication - APJ Partner of the Year 2020, Smart City Innovation

Sidney Lim, Technical Director at NH2 System Sdn Bhd - Micro Focus Partner of the Year 2020, Southeast Asia award recipient - shared: 'Partnership with Micro Focus uniquely positions us in many forefront IT technologies to serve our customer needs. We are excited to sell and implement the breadth and depth of solution portfolio that addresses many practical problems.'

'The way 2020 played out has been entirely unexpected, but Micro Focus has been very fortunate to be working with a strong and dedicated partner network that share our vision of uncovering new possibilities to fuel an accelerated digital economy ahead,' said J R Wong, VP, Channels, Micro Focus. The partnerships we have formed across the APJ region play an invaluable role in helping us achieve a deeper understanding of new business needs and speed up the solution delivery pipeline to our install base, and through that, fulfilling our goal to drive new ways of work in the next phase of the growth.'

About Micro Focus

Micro Focus delivers enterprise software to empower our 40,000 customers worldwide to digitally transform. With a broad portfolio, underpinned by a robust analytics ecosystem, the company enables customers to address the four core pillars of digital transformation: Enterprise DevOps, Hybrid IT Management, Predictive Analytics and Security, Risk & Governance. By design, these tools bridge the gap between existing and emerging technologies so customers can run and transform at the same time.

For further information, please contact:

Chua Ying Tze

Marketing Manager, SEA & Korea

Ying-tze.chua@microfocus.com

(C) 2020 Electronic News Publishing, source ENP Newswire

All news about MICRO FOCUS INTERNATIONAL PLC
01/11INSPIRE 20 PODCAST : Meet Morag Lucey of Televerde
PU
01/11INSPIRE 20 PODCAST : Meet Morag Lucie of Televerde
PU
01/10MICRO FOCUS INTERNATIONAL : CFO to Exit in Six Months
MT
2020INSPIRE 20 PODCAST : Putri Realita, Danone
PU
2020MICRO FOCUS INTERNATIONAL : Named a Leader in Latest Evaluation of Hybrid Cloud ..
PU
2020MICRO FOCUS INTERNATIONAL : Amazing Grace Hopper – HAPPY BIRTHDAY
PU
2020MICRO FOCUS INTERNATIONAL : AWS unveils Micro Focus as Modernization Competency ..
PU
2020Goldman Sachs Upgrades Micro Focus International to Buy From Neutral
MT
2020Goldman Sachs Upgrades Micro Focus International To Buy From Neutral, Lifts P..
MT
2020No-deal Brexit worries drive UK mip-caps to worst day in 6-weeks
RE
More news
Financials (USD)
Sales 2020 2 980 M - -
Net income 2020 -772 M - -
Net Debt 2020 4 115 M - -
P/E ratio 2020 -1,99x
Yield 2020 2,82%
Capitalization 1 926 M 1 928 M -
EV / Sales 2020 2,03x
EV / Sales 2021 1,99x
Nbr of Employees 11 900
Free-Float 99,4%
Chart MICRO FOCUS INTERNATIONAL PLC
Duration : Period :
Micro Focus International plc Technical Analysis Chart | MCRO | GB00BJ1F4N75 | MarketScreener
Technical analysis trends MICRO FOCUS INTERNATIONAL PLC
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 8,40 $
Last Close Price 5,75 $
Spread / Highest target 235%
Spread / Average Target 46,0%
Spread / Lowest Target -19,1%
EPS Revisions
Managers and Directors
NameTitle
Stephen Edward Murdoch Chief Executive Officer & Director
Gregory Lock Chairman
Paul Rodgers Chief Operating Officer
Brian McArthur-Muscroft Chief Financial Officer & Director
Karen Slatford Senior Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
MICRO FOCUS INTERNATIONAL PLC-0.99%1 928
MICROSOFT CORPORATION-2.73%1 610 537
SEA LIMITED15.38%117 396
ZOOM VIDEO COMMUNICATIONS, INC.13.61%111 582
ATLASSIAN CORPORATION PLC-4.66%55 565
DASSAULT SYSTÈMES SE-1.32%51 957