Cost Reduction Achievements
Rockwell Automation accelerated its savings to realize about $110 million of cost reductions in the second half of the year, which was $10 million above their initial target. Global headcount is down over 12% since Q2 of fiscal '24.
Annual Recurring Revenue Growth
Annual recurring revenue grew 16% in the quarter and is now over 10% of Rockwell's total revenue, up from about 4% in 2018.
Data Center Segment Success
Good growth in Cubic orders for data center power needs with strategic wins like NTT, leveraging Cubic's modular and custom design capabilities.
Lifecycle Services Performance
Lifecycle Services organic sales grew by 2% versus prior year, with a healthy pipeline and good project execution contributing to growth.