HeartCore Expands its CMS Platform Offering into a SaaS Delivery Model
HeartCore Enterprises (Nasdaq: HTCR) announced the expansion of its flagship CMS platform to include a Software as a Service (SaaS) model alongside its existing on-premises version. The company will utilize Amazon Web Services (AWS) infrastructure and collaborate with AWS to enhance the product's capabilities, including a redesigned user interface and improved Management Screen Builder. This strategic move aims to reach new business segments and is projected to generate 115% sales growth across HeartCore's software business. The SaaS model complements the company's recent transition to multi-year software licensing agreements, focusing on increasing recurring revenue through license subscriptions and maintenance fees.
HeartCore Enterprises (Nasdaq: HTCR) ha annunciato l'espansione della sua piattaforma CMS di punta per includere un modello di Software come Servizio (SaaS) accanto alla versione on-premises già esistente. L'azienda utilizzerà l'infrastruttura di Amazon Web Services (AWS) e collaborerà con AWS per potenziare le funzionalità del prodotto, inclusi un'interfaccia utente ridisegnata e un migliorato Management Screen Builder. Questa mossa strategica mira a raggiungere nuovi segmenti di mercato ed è prevista genererà una crescita delle vendite del 115% nel business software di HeartCore. Il modello SaaS completa la recente transizione dell'azienda verso contratti di licenza software pluriennali, concentrandosi sull'aumento delle entrate ricorrenti tramite abbonamenti a licenze e tasse di manutenzione.
HeartCore Enterprises (Nasdaq: HTCR) anunció la expansión de su plataforma CMS insignia para incluir un modelo de Software como Servicio (SaaS) junto a su versión existente en las instalaciones. La compañía utilizará la infraestructura de Amazon Web Services (AWS) y colaborará con AWS para mejorar las capacidades del producto, incluyendo una interfaz de usuario rediseñada y un mejorado Constructor de Pantallas de Gestión. Este movimiento estratégico tiene como objetivo alcanzar nuevos segmentos de negocio y se proyecta que generará un crecimiento de ventas del 115% en el negocio de software de HeartCore. El modelo SaaS complementa la reciente transición de la compañía a acuerdos de licencia de software por varios años, enfocándose en aumentar los ingresos recurrentes a través de suscripciones de licencia y tarifas de mantenimiento.
HeartCore Enterprises (Nasdaq: HTCR)는 기존 온프레미스 버전과 함께 서비스형 소프트웨어(SaaS) 모델을 포함하도록 주요 CMS 플랫폼의 확장을 발표했습니다. 이 회사는 Amazon Web Services (AWS) 인프라를 활용하고 AWS와 협력하여 제품의 기능을 향상시키며, 여기에는 재설계된 사용자 인터페이스와 개선된 관리 화면 빌더가 포함됩니다. 이 전략적 움직임은 새로운 비즈니스 세그먼트에 도달하는 것을 목표로 하며, HeartCore의 소프트웨어 사업에서 115%의 매출 성장을 생성할 것으로 예상됩니다. SaaS 모델은 회사가 최근 다년 소프트웨어 라이센스 계약으로 전환한 것을 보완하며, 라이센스 구독과 유지 관리 수수료를 통해 반복적인 수익을 증가시키는 데 집중하고 있습니다.
HeartCore Enterprises (Nasdaq: HTCR) a annoncé l'expansion de sa plateforme CMS phare pour inclure un modèle de Logiciel en tant que Service (SaaS) en plus de sa version sur site existante. L'entreprise utilisera l'infrastructure d'Amazon Web Services (AWS) et collaborera avec AWS pour améliorer les capacités du produit, y compris une interface utilisateur repensée et un Gestionnaire d'Écran amélioré. Ce mouvement stratégique vise à atteindre de nouveaux segments d'affaires et devrait générer une croissance des ventes de 115% dans le secteur des logiciels de HeartCore. Le modèle SaaS complète la récente transition de l'entreprise vers des contrats de licence logicielle pluriannuels, visant à augmenter les revenus récurrents grâce aux abonnements de licence et aux frais de maintenance.
HeartCore Enterprises (Nasdaq: HTCR) hat die Erweiterung seiner führenden CMS-Plattform bekannt gegeben, um ein Software as a Service (SaaS)-Modell neben der bestehenden On-Premises-Version anzubieten. Das Unternehmen wird die Infrastruktur von Amazon Web Services (AWS) nutzen und mit AWS zusammenarbeiten, um die Funktionen des Produkts zu verbessern, einschließlich einer neu gestalteten Benutzeroberfläche und einem verbesserten Management Screen Builder. Dieser strategische Schritt zielt darauf ab, neue Geschäftsfelder zu erreichen und wird voraussichtlich ein Umsatzwachstum von 115% im Softwaregeschäft von HeartCore generieren. Das SaaS-Modell ergänzt den kürzlichen Übergang des Unternehmens zu mehrjährigen Softwarelizenzverträgen, mit dem Fokus auf der Erhöhung der wiederkehrenden Einnahmen durch Lizenzabonnements und Wartungsgebühren.
- Projected 115% sales growth in software business
- Addition of recurring revenue stream through SaaS model
- Strategic partnership with AWS infrastructure
- Expansion of target market reach
- Diversification of revenue streams
- None.
Insights
The expansion into SaaS delivery represents a significant strategic pivot that could substantially improve HeartCore's business model and financial outlook. The AWS infrastructure partnership adds credibility and scalability to their CMS platform offering. The projected
The shift to recurring revenue through SaaS subscriptions and maintenance fees, combined with multi-year licensing agreements, should provide more predictable cash flows and higher customer lifetime value. The simplified user interface and Management Screen Builder improvements address key market demands for user-friendly, no-code solutions. This positions HeartCore to capture a larger share of the growing cloud-based CMS market, particularly among mid-sized businesses previously unreachable through their traditional on-premises model.
NEW YORK and TOKYO, Oct. 30, 2024 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or “the Company”), a leading enterprise software and data consulting services company based in Tokyo, announced it has expanded its flagship CMS platform to include a Software as a Service (“SaaS”) model, in addition to its legacy on-premises version.
As part of this transition, HeartCore will leverage the Amazon Web Services (“AWS”) infrastructure and collaborate with the AWS team to enhance the product’s foundational capabilities. This includes a redesigned user interface and a comprehensive overhaul of the Management Screen Builder to enhance accessibility and allow users to update and manage multiple sites seamlessly, eliminating the need for specialized developer skills. HeartCore will expand its target audience to include businesses that require CMS solutions delivered through a SaaS model, a segment previously beyond reach. Alongside its recent strategic shift towards multi-year software licensing agreements, the SaaS model aims to further diversify revenue streams by increasing recurring sales through license subscriptions and maintenance fees. The Company projects
“To further drive the ongoing efforts to optimize our financial performance, we have strategically added the SaaS model as an option for our clients to use our flagship CMS platform,” said HeartCore CEO Sumitaka Kanno. “This shift complements our recent move towards multi-year licensing agreements and aims to introduce a predictable stream of sticky, recurring revenue from a new pool of companies. With many businesses now seeking CMS solutions delivered in a SaaS model, this transition will support our sales and marketing team to expand their reach, capture additional contracts, and drive stable growth in the coming quarters ahead.”
About HeartCore Enterprises, Inc.
Headquartered in Tokyo, Japan, HeartCore Enterprises is a leading enterprise software and consulting services company. HeartCore offers Software as a Service (SaaS) solutions to enterprise customers in Japan and worldwide. The Company also provides data analytics services that allow enterprise businesses to create tailored web experiences for their clients through best-in-class design. HeartCore’s customer experience management platform (CXM Platform) includes marketing, sales, service and content management systems, as well as other tools and integrations, which enable companies to enhance customer experience and drive engagement. HeartCore also operates a digital transformation business that provides customers with robotics process automation, process mining and task mining to accelerate the digital transformation of enterprises. HeartCore’s GO IPOSM consulting services helps Japanese-based companies go public in the U.S. Additional information about the Company's products and services is available at https://heartcore-enterprises.com/.
Forward-Looking Statements
All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as “believed,” “intend,” “expect,” “anticipate,” “plan,” “potential,” “continue,” or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks, and uncertainties are discussed in HeartCore’s filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond HeartCore’s control which could, and likely will materially affect actual results, and levels of activity, performance, or achievements. Any forward-looking statement reflects HeartCore’s current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. HeartCore assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The contents of any website referenced in this press release are not incorporated by reference herein.
HeartCore Investor Relations Contact:
Gateway Group, Inc.
Matt Glover and John Yi
HTCR@gateway-grp.com
(949) 574-3860
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/42e51427-ab19-4b89-a6c2-77e9d5f1537b
FAQ
What is HeartCore's (HTCR) projected sales growth from the new SaaS model transition?
What infrastructure will HeartCore (HTCR) use for its new SaaS CMS platform?
How will HeartCore (HTCR) generate recurring revenue from its new SaaS model?
What improvements are being made to HeartCore's (HTCR) CMS platform?
