Sage accelerates AI expansion as revenue grows

Sage reported an 11% revenue increase to £2.06bn in the nine months to 30 June, driven by demand for its cloud accounting software, and said it is accelerating the roll-out of AI across its product lines.

Sage said it is accelerating the roll-out of AI across its product lines on Wednesday as it reported another quarter of double-digit revenue growth, fuelled by a boost in demand for its cloud accounting software. The FTSE 100 software company said revenue rose 11 per cent to £2.06bn in the nine months to 30 June,