Putting this in perspective, their software revenue as a percentage of total revenue for H121 was 24%, which has only increased by 1% since then.
Their overall revenue for software between 21 and 22 did increase by 29%, but hardware broadly matched this so the overall difference did not change significantly.
DDR will need to either dramatically focus on their software business to increase reoccuring revenues to bump up this proportion, or reduce the amount of revenue they pull in for hardware. Either way it's going to be a solid goal of increasing YoY software growth above 29%.
Putting this in perspective, their software revenue as a...
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