Business
‘Slow the bleeding’: Documents reveal internal Nuix concerns weeks after Macquarie-led IPO – Sydney Morning Herald
Nuix executives were questioning the quality of its core products just weeks after its sensational sharemarket listing led by Macquarie Group last December.
As at June 30 Nuix had 483 staff, of which 151 were in engineering and 49 were product, internal documents reveal.
The review rated key products including the Nuix Engine and Nuix Workstation red status as a lack of engineering capacity prohibits our ability to capture additional market share.
The internal review raises questions about whether Nuixs core technology is up to the task of executing the growth strategy laid out in the prospectus.
In the year to June 2020 six months out from the float…
-
General18 hours agoFrom jackaroo to ‘Golden Tonsils’ radio titan: the life and career of John Laws
-
General22 hours agoMajority of Australia’s first Ashes Test squad to feature in Sheffield Shield round four
-
General23 hours agoAustralia beats New Zealand 40-8 to defend Women’s Pacific Cup crown
-
General20 hours agoWhy the Pacific Championship final should be a look into rugby league’s future