CFOs and accountants are calling the shots when it comes to AI decision-making, says Sage Group CEO Stephen Hare. That matters when it comes to adoption and monetization

Sage Group turned in some strong revenue numbers to kick off its latest fiscal year, with CEO Stephen Hare schooling the investor community on some AI facts of life.

For the three months to 31 December, revenue was up 10% year-on-year at £674 million - 13% in the US to £304 million, 10% in UKIA (UK, Ireland, Africa and Asia-Pacific) on £194 million, and seven percent in Europe to £176 million.

Asked about the main drivers for growth, Sage Business Cloud was cited with revenue growing by 15% to £ 574 million. But CEO Hare also took time out on the post-results analysts call to tackle the question of the de rigeur analyst obsession of ‘show us the money’ when it comes to AI investment, saying:

It's very early days. I would say that most of the momentum that you're seeing in the last couple of quarters comes just from ...