The improved outlook relative to our last update reflects both our higher total revenue guidance for 2020, as well as lower travel and event expenses. Vice President, We continue to be pleased with the diversity and strength of our total revenue base. You can also send mail to Computershare at: Computershare P.O. OTTAWA, ON, Dec. 14, 2020 /CNW/ - Kinaxis® Inc. (TSX: KXS), the authority in driving agility for fast, confident decision-making in an unpredictable world, … We're holding, in fact, we're tightening our total full year subscription growth in the 24% to 25% range. And what the impact has been on your kind of average contract values versus the historical periods? Yes, there is no impact. While we continue to see the near term impacts of COVID-19 on our end markets, sales pipeline growth and increasing recognition of our unique product differentiation provide confidence. And so I think that's one of the areas that's caused professional services for us to remain high, as well as partners. I will say that it really depends on how customers being affected by this pandemic. 1-613-592-5780. ir@kinaxis.com Rick Wadsworth. And so we're seeing even more efficiency in the delivery of projects. With me on the call are John Sicard, our President and Chief Executive Officer and Richard Monkman, our Chief Financial Officer. So we're obviously monitoring this very, very closely, forecasting our activities very closely as a result of this, as a result of what we're seeing and obviously, that's reflected in our guidance. He didn't note with regard to some of the platform enablement activity that’s going on. The result is light touch and a much improved accuracy for short and long term forecasting. But the broader level, I would -- I wouldn't say there's that marked seasonality. Given our strong Q3 SaaS revenue and long history of quarterly sequential growth, we appreciate that some investors may have expected that we would have raised our full year guidance in line with the 26% year-to-date growth. The other thing I will say, as a side effect is there's no, what I would call, timezone fatigue. So I think all I can do is reinforce. At Kinaxis, we promise to treat your data with respect and will not share your information with any third party. Thank you. So the fact that we had a relationship already in place and the value proposition being so potent for consumer products, I think really helps. Actual results may differ materially from those set forth in such statements. It continues to strengthen from the same period last quarter. Now the margin on professional service revenue is lower than the margin on SaaS. Service. So this online phenomenon is really taking hold. Yes, I think, I mentioned earlier, there's a lot more scrutiny in investment. but there's significant investments through both organic and acquisition growth. And so while I wouldn't necessarily declare we are at some inflection point, I will say that this pandemic has called into question the legacy approaches to governing supply chain planning and the lethargy that comes with it. We have invested with a longer term view and for some functions at a level above our 2020 revenue growth. You talked about the pipeline on your call. Kinaxis Inc. was founded in 1984 and is headquartered in Ottawa, Canada. Has it caused customers for example to become more appreciative of adaptive concurrency? And as John said, we remain confident in the broader market conditions. These experts are also integral to the deployment of our platform across our customer base. And we're very pleased to have welcome back customers after they departed and there's a number of reasons why customers may have left everything from their business climate to other factors. During this call, we will discuss IFRS results and non-IFRS financial measures. Welcome to the Kinaxis Inc. Fiscal 2020 Third Quarter Conference Call. Given all that has happened this year, I'm incredibly pleased to be able to present this improved outlook. What is especially encouraging is that the majority of companies attending were prospective customers looking to understand how others are leveraging concurrent planning to absorb unprecedented levels of disruption. And so a lot depends on the type of condition that that prospect finds themselves in. At the same time, our pipeline of net new activity continues to grow larger now than it was three months ago. An archive of the webcast will be made available on the Investor Relations section of our Web site. Kinaxis wins because of our unique concurrent planning technique and the breadth and depth of our extendable supply chain planning platform, RapidResponse. It is larger now than it was three months ago. Adjusted EBITDA for the quarter was 16% lower or $10.1 million. The company serves various industries, including aerospace and defense, automotive, consumer products, high tech and electronics, industrial, life sciences, and pharmaceuticals. I mean, obviously, the very simple level of revenue less cost of sales and OpEx, we're going to continue to -- we provided the full year range of revenue, the 2023. And then in some cases, maybe a question where the customer wants to keep using the software, but it's tied up with procurment, and they might actually renew at some point in the future. Let me explain why we believe that our 2020 guidance is appropriate. I can tell you that the registration and participation was greater than we had anticipated. Investor Relations Contact. 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