Fujitsu Australia puts up another $1 billion year

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Fujitsu Australia puts up another $1 billion year

Fujitsu Australia has put on another strong showing in the 2018 financial year, adding another $34 million on top of its $1 billion revenue.

The IT services giant posted $1.16 billion in revenue for the year ending 31 March 2018, up from $1.13 billion last financial year.

Fujitsu also added another $2.6 million to its net profit, bringing the total to $32.7 million in 2018. The company paid $17 million in taxes on a gross profit of $49.8 million.

Over the past year, Fujitsu racked up some notable contract wins and project rollouts, such as completing the first phase of the $17 million Emergency Services Computer Aided Dispatch for Tasmanian police.

Fujitsu also landed a spot on the Department of Finance's whole-of-government cloud services panel in April last year, allowing the company sell cloud services to federal government agencies. Fujitsu also secured a spot on the New South Wales government's ICT service providers' panel, which covers select end-user devices and associated services

Fujitsu suffered a cloud setback in August when a storage area network failed at one of its data centres in Sydney, which the labelled as a "major incident". At the time, Fujitsu was in the midst of upgrading the equipment in several of its Australian data centres in an effort to prevent outages.

The biggest change for Fujitsu last year was to its hardware business, when the company sold a controlling stake in its PC unit to Lenovo for up to $348 million. Fujitsu Australia had selected Melbourne's Multimedia Technology as a distributor for its entire product portfolio just three months prior.

The acquisition paid off for Lenovo, who managed to take back its PC crown by shipping more units worldwide than rival HP in the second quarter of 2018 with 13.6 million, including Fujitsu PCs.

Fujitsu Australia declined to comment.

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