Jamf’s Q2 earnings show customers up 34%, devices up 22.4%

Apple-in-the-enterprise MDM and security solutions provider Jamf announced its quarterly results yesterday, confirming consolidation in the Apple moble device management market and shedding a little light on the scale of Apple enterprise deployments.

Customers up 34%, devices up 22.4%

What’s the top line data from the company’s results? We know Apple use in professional scenarios (enterprise, medical, education) continues to grow, and this seems to be reflected by the Jamf results. It disclosed second quarter revenue growth of 34% (year over year) to $115.6 million for GAAP gross profit of $86.2 million, with increases in subscription revenues and good growth for its recently introduced security solutions portfolio.

Perhaps the biggest evidence of Apple’s surging presence is that Jamf now claims to manage 28.4 million devices across 67,000 customers, up 5.2 million devices and 17,000 customers from a year ago.

That customer figure suggests an increase of 34% in terms of Jamf users and a 22.4% increase in the scale of deployments of supported devices. (The latter include Macs, iPhones, iPads, and Apple TV.)

“Increasing demand for Jamf’s broad line of security solutions combined with a strengthening replacement market for core management solutions show that Jamf’s unique approach to support and extend Apple innovations the same day they are made available is proving to be more valuable than ever to existing and new customers,” Jamf CEO Dean Hager said in a statement.

Industry consolidation continues

Speaking during the company’s fiscal call, Jamf shed a little light on its results. It noted that customers are increasingly moving to replace alternative MDM services with those provided by Jamf. It said that this reflects the need to keep pace with Apple’s new systems as they ship, and also noted that consolidation across the industry continues.

Copyright © 2022 IDG Communications, Inc.

Source : https://www.computerworld.com/article/3669290/jamfs-q2-earnings-show-customers-up-34-devices-up-224.html#tk.rss_all

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