LATEST NEWS Jamf's second quarter earnings show customers up 34% and...

Jamf’s second quarter earnings show customers up 34% and devices up 22.4%


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Apple MDM and Security Solution Provider in the Enterprise jam announced his quarterly results yesterday, confirming consolidation in Apple’s mobile device management market and shedding some light on the scale of Apple’s enterprise deployments.

Clients up to 34%, devices up to 22.4%

What are the main data of the company’s results? We know that the use of Apple in professional scenarios (business, medical, educational) continues to grow, and this seems to be reflected in the Jamf results. Revealed 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 revenue and good growth for its portfolio of newly introduced security.

Perhaps the biggest evidence of Apple’s growing presence is that Jamf now claims to manage 28.4 million devices across 67,000 clients, 5.2 million devices and 17,000 more clients than a year ago.

That number of customers suggests a 34% increase in terms of Jamf users and a 22.4% increase in the scale of supported device deployments. (The latter include Mac, iPhone, iPad, and Apple TV.)

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

Industry consolidation continues

Speaking during the company’s tax call, Jamf shed some light on his results. He noted that customers are increasingly moving to replace alternative MDM services with those provided by Jamf. He said this reflects the need to keep up with new Apple systems as they ship, and also noted that Consolidation across the industry continues.

“Most of the software vendors that were considered leaders in the enterprise mobility management market just five years ago have been consolidated into other organizations, creating additional challenges for their engineering teams to continue to innovate at the pace of Apple” Hager said during the conference. analyst call.

Hager claimed that Jamf products replaced more than 35,000 seats of a leading EMM solution in “just four customer wins.” Hager also noted the rapid adoption of the company’s growing tranche of business and education security products.

Companies are still moving to Apple

The company also shared information about some of the largest Apple migrations it had experienced, including Red Bull, which has now consolidated its Mac and iOS fleet to Jamf Pro. These announcements revealed the scale and degree to which Apple solutions are being adopted in all businesses.

Hager cited a multinational food distributor that now has 13,000 Apple products in use; a behavioral therapy group that numbers 6,000; and a 15,000-seat layout at “a leading online retail and e-commerce company.” Jamf has also been adopted in one of Florida’s largest hospital networks, the company said.

Hager mentioned a number of other implementations, but the main takeaway should be that Apple’s kit is now being used on the front lines in a host of industries. Jamf noted that this pattern is global, confirming that it has secured some big Apple-based clients internationally.

“Our international markets have continued to grow faster outside of the US,” the company said.

But supply chain challenges remain

Yet despite all the victories, Jamf also hinted that Apple’s Mac and iPad supply woes recently recognized may be slowing down the rate of Apple Enterprise Adoption.

Perhaps one of the most important revelations for Apple watchers was the confirmation that hardware supply issues delayed projects. we had I anticipated this might be a problem in the quarter, but the revelation hints that hardware supply shortages may be affecting companies looking to expand their Apple implementation.

[Also read: Jamf CIO: Apple will be the No. 1 enterprise endpoint by 2030]

The results also confirmed a cautious sentiment in corporate markets.

The company said it was experiencing long sales cycles, suggesting customers are trying to curtail unnecessary spending. At the same time, he also pointed out that in terms of budget adjustments, what it provides has a relatively small cost but offers an effective ROI for IT management; Jamf seems confident that he can hold his own in the challenging atmosphere that prevails.

Why are companies adopting Apple?

Hager looked at five critical capabilities that are driving companies to switch to Apple (and Jamf):

  • The ability to separate personal and private data in apps at user enrollment.
  • support for single sign-on.
  • Jamf support for zero trust network access.
  • The ability to assign VPN settings per app so users don’t have to consider them.
  • Jamf’s self-service enterprise app store, which helps IT administrators and end users assign apps or install the apps they need.

All of these capabilities have proven important in recent years, and the pandemic has simply accelerated adoption and increased the need.

You can hear the financial call here.

please follow me on Twitteror join me on the AppleHolic’s Bar and Grill other Apple discussions groups on MeWe.

Copyright © 2022 IDG Communications, Inc.

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