Artificial Solutions (ASAI.SE): Navigating well through the COVID-19 pandemic
Artificial Solutions’ 2Q results confirmed high levels of resilience, posting YoY revenue growth of 22%. Within this metric, usage revenue continued to shine, up 80% YoY in 2Q, representing a six-fold increase in usage revenue over the past 12 months. The COVID-19 impact on order intake in the short term is perhaps to be expected, but major customer wins and partner additions continued during the period. Global enterprise focus on automation is strengthening (discussed further in this report), with systems integrators continuing to play a key role. In 2Q, 53% of revenue came via SI partners, up from 34% in the same period last year.
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