Discontinued — last reported Q1 '20
Products & Services · Net Sales
Services & software solutions — Net Sales
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2020
Rolls up toTotal Revenue
How to read this metric
An increase suggests growing customer reliance on the company's long-term support ecosystem and a higher proportion of recurring revenue, which typically improves margin stability. A decrease may indicate reduced service contract renewals or a shift in customer preference away from proprietary software management tools.
Detailed definition
This metric represents the total revenue generated from the provision of maintenance services, technical support, and so...
Peer comparison
Comparable to 'Service and Maintenance Revenue' or 'Software-as-a-Service (SaaS) Revenue' reported by industrial technology and data center infrastructure peers.
Metric ID:
vrt_segment_services_software_solutions_net_salesSimilar Metrics at Other Companies
Frequently Asked Questions
- What does services & software solutions — net sales mean?
- Total revenue earned from providing maintenance, technical support, and software management tools for critical infrastructure systems.