vianet group plc said wednesday that positive revenue momentum has continued with the start of the new fiscal year and that it is focusing on its sales pipeline despite the inflationary backdrop the londonlisted provider of data management services said recurring revenue remains at around 85 with gross margins being maintained across the whole business the company said recurring income growth in its smartmachines division is encouraging while smartzones division revenue is materially above the prior years the company said it is prioritizing the expansion of its installation footprint and an increase in its topline sales despite higher hardware costs whilst component supplychain pressures and fuel price inflation will impact on hardware installation margins into next year we are excited by our sales pipeline and the opportunity to significantly grow our highquality recurring income streams vianet said