News provided by Cognizant Technology Solutions Feb 18, 2025, 04:00 ET Renewed collaboration will see Cognizant provide support across IT services with the aim of reducing overall costs and significantly improving the user experience BRUSSELS, Feb. 18, 2025 /PRNewswire/ — Cognizant (Nasdaq: CTSH) today announced the extension of its agreement with Etex, a global leader in sustainable building materials and lightweight construction. The five-year collaboration will involve implementing specific GenAI and chatbot solutions to enhance user experience and automate tasks, ensuring stable and optimized delivery. The use of AI and automation will help support a range of IT services including applications, workplace collaboration,…
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News provided by Trend Micro Incorporated Feb 18, 2025, 05:00 ET TOKYO, Feb. 18, 2025 /PRNewswire/ — Trend Micro Incorporated (TYO: 4704;TSE: 4704), a global cybersecurity leader, today announced earnings results for the fourth quarter and fiscal year 2024, ending December 31, 2024, reporting 8% and 10% year-over-year (YoY) growth, respectively. In Q4, platform adoption propelled Trend’s enterprise net sales by +10% YoY and enterprise ARR by +7% YoY, now surpassing US $1.3 billion. While achieving strong top line growth, operating margin improved to 18% in 2024, with 47% YoY operating income growth. Eva Chen, co-founder and CEO at Trend: “Our strong Q4 performance is proof that our…
News provided by Rossum Feb 18, 2025, 05:07 ET LONDON, Feb. 18, 2025 /PRNewswire/ — Rossum, the leading intelligent document processing (IDP) platform, is proud to announce the launch of specialist AI agents for paperwork automation. Rossum has consistently been at the forefront of AI-powered document automation, setting new benchmarks for accuracy, adaptability, and efficiency. From pioneering a cloud-native, AI-first platform in 2017 to revolutionizing intelligent document processing with the launch of Rossum Aurora and its specialized Transactional-Large Language Model in 2024, Rossum remained consistent with its mission to empower one person to process one million transactions per year. And now, with this latest breakthrough, Rossum is once…
News provided by Cloudsway Pte Ltd Feb 17, 2025, 20:30 ET SINGAPORE, Feb. 18, 2025 /PRNewswire/ — Cloudsway, a trusted partner for distributed AI infrastructure, has announced its support for seamless integration of full-powered DeepSeek R1/V3 models enabling enterprise users to deploy cutting-edge AI solutions tailored to their specific needs. As reported, Cloudsway provides standardized API interfaces for businesses looking to rapidly integrate with DeepSeek. Developers can seamlessly access the full capabilities of DeepSeek-R1/V3, enabling stable and efficient AI inference services. This streamlined approach ensures quick access without extensive setup or configurations. For organizations seeking extensive integration with DeepSeek’s advanced capabilities, Cloudsway offers…
News provided by IT News Africa Feb 18, 2025, 02:51 ET JOHANNESBURG, Feb. 18, 2025 /PRNewswire/ — IT News Africa is proud to announce the IT Leaders Forum 2025, a premier gathering of top technology and information industry experts. The event is set to take place on March 12, 2025, at the Radisson Blu Gautrain Hotel in Sandton. As organizations grapple with technology skills gaps, economic uncertainty, and ESG compliance mandates, IT leaders are increasingly turning to technology-driven solutions to enhance efficiency, streamline processes, and drive profitability. The IT Leaders Forum 2025 is designed to equip CIOs and IT executives with the insights, strategies, and tools needed to navigate these challenges and…
News provided by Bluecrux Feb 18, 2025, 03:00 ET AALST and MECHELEN, Belgium, Feb. 18, 2025 /PRNewswire/ — Bluecrux, a leading value chain consulting and technology company, has been recognized as a pioneer in multiple Gartner® reports. This recognition highlights the company’s innovative approach to addressing complex supply chain challenges and its commitment to transforming traditional supply chains into smart, resilient value chains. Gartner’s acknowledgment underscores Bluecrux’s role in delivering cutting-edge solutions through its proprietary technologies, Axon™, a digital supply chain twin, and Binocs™, a lab planning and scheduling platform. These tools are instrumental in reshaping supply chain strategies and optimizing operations for…
News provided by Intalio Feb 18, 2025, 03:00 ET RIYADH, Saudi Arabia, Feb. 18, 2025 /PRNewswire/ — Intalio, the leading provider of Intelligent information management solutions, just concluded its participation in the LEAP 2025. This event hosted prominent tech events in Malham, Riyadh, Saudi Arabia, from February 9th to the 12th. The organization took this unique opportunity to present and introduce its fresh AI-powered offerings, which it uses to support businesses at all levels in their digitalization strategies. A Showcase of Innovation Intalio has been quite visible at LEAP 2025 with an impressive booth at H5-J50 that caught the attention of most interested visitors in the company’s innovative…
News provided by Sapiens International Corporation Feb 18, 2025, 05:51 ET ROCHELLE PARK, N.J., Feb. 18, 2025 /PRNewswire/ — Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced its financial results for the fourth quarter ended December 31, 2024. Summary Results for Fourth Quarter 2024 (USD in millions, except per share data)GAAPNon-GAAPQ4 2024Q4 2023% ChangeQ4 2024Q4 2023% ChangeRevenue$134.3$130.92.6 %$134.3$130.92.6 %Gross Profit$60.1$55.97.5 %$62.7$59.45.6 %Gross Margin44.8 %42.8 % 200 bps46.7 %45.4 %130 bpsOperating Income$21.7$20.18.0 %$24.5$24.21.3 %Operating Margin16.2 %15.4 % 80 bps18.2 %18.4 %-20 bpsNet Income (*)$17.9$17.05.3 %$20.7$20.13.1 %Diluted EPS$0.32$0.306.7 %$0.37$0.362.8 % Summary Results for Full Year end 2024 (USD in millions, except per share data)GAAP% ChangeNon-GAAP% Change2024202320242023Revenue$542.4$514.65.4 %$542.4$514.85.4 %Gross Profit$238.1$219.68.4 %$248.9$233.06.8 %Gross Margin43.9 %42.7 %120 bps45.9 %45.3 %60 bpsOperating Income$85.8$78.98.9 %$98.7$94.14.8 %Operating Margin15.8 %15.3 %50 bps18.2 %18.3 %-10 bpsNet income (*)$72.2$62.415.6 %$83.3$75.011.0 %Diluted EPS$1.29$1.1215.2 %$1.48$1.359.6 % (*)…
News provided by Demandbase Feb 18, 2025, 08:00 ET Strengthening Security and Compliance to Enable Trusted AI-Driven GTM SAN FRANCISCO, Feb. 18, 2025 /PRNewswire/ — Demandbase, the leading account-based GTM platform for B2B enterprises, proudly announces the successful completion of its ISO 27001:2022 surveillance audit, conducted by Schellman & Company, LLC. Demandbase first achieved ISO 27001:2022 certification in 2024, after being certified under the 2013 version of the standard for several years, positioning itself as an early adopter of the updated framework and a front-runner in security and compliance excellence. This achievement reflects the company’s long-standing commitment to data security and its proactive approach to maintaining…
News provided by VyOS Networks Corporation Feb 18, 2025, 05:00 ET POWAY, Calif., Feb. 18, 2025 /PRNewswire/ — VyOS Networks proudly joins the Linux Foundation as a Silver member and becomes a General member of the Open Programmable Infrastructure (OPI) Project, an initiative focused on open, interoperable DPU/IPU architectures for high-performance networking, security, and storage acceleration, marking a significant step towards advancing open networking innovation. These strategic collaborations reinforce VyOS Networks’ commitment to open-source development, interoperability, and next-generation networking architectures. By joining the Linux Foundation, VyOS Networks aligns with a global community dedicated to scalable and standardized open-source solutions based on Linux. As part of this initiative, VyOS Networks…