Author: PRNEWSWIRE

ATLANTA, May 8, 2024 /PRNewswire/ — As many as 87% of all UK talent will actively seek to find a new job in the next 12 months, and 90% of North American Gen Z tech workers under 25 would consider new career opportunities, new research released by global tech recruitment firm Lorien has revealed. With so many eager to acquire the right role, companies face a potential brain drain if they fail to entice talent to stay. This revelation comes from surveying conducted in the UK and North America by Lorien, powered by Impellam Group, in the first quarter of 2024, and it shows the concerns…

ST. LOUIS, May 8, 2024 /PRNewswire/ — Emerson (NYSE: EMR) today reported results1 for its second quarter ended March 31, 2024 and updated its full year outlook for fiscal 2024. Emerson also declared a quarterly cash dividend of $0.525 per share of common stock payable June 10, 2024 to stockholders of record on May 17, 2024. (dollars in millions, except per share)2023 Q22024 Q2ChangeUnderlying Orders2(1) %Net Sales$3,756$4,37617 %Underlying Sales38 %Pretax Earnings$639$652Margin17.0 %14.9 %(210) bpsAdjusted Segment EBITA4$924$1,139Margin24.6 %26.0 %140 bpsGAAP Earnings Per Share$0.92$0.87(5) %Adjusted Earnings Per Share5$1.09$1.3625 %Operating Cash Flow$575$75732 %Free Cash Flow$513$67532 % Management Commentary “Emerson’s outstanding execution continued in the second quarter, with sales growth, margin expansion and earnings all exceeding expectations,” said Emerson President and Chief Executive Officer Lal Karsanbhai. “Underlying…

SHIELD receives awards in multiple categories including”Account Takeover Protection”, “Fraud Protection/Prevention”,”Best AI Threat Detection”, and more SAN FRANCISCO, May 8, 2024 /PRNewswire/ — SHIELD, the device-first risk AI platform, announced today that it has been named the winner in multiple categories under the Global Infosec Awards from Cyber Defence Magazine, the industry’s leading electronic information security magazine, as well as the Cybersecurity Excellence Awards from Cybersecurity Insiders, the most comprehensive source for cybersecurity in the US. Under the Global Infosec Awards, SHIELD has received these awards: SHIELD won the following categories under the Cybersecurity Excellence Awards: SHIELD’s Device-First Risk AI platform is powered by cutting-edge…

Wipro Ventures also participated in Kognitos’ latest Series A Funding Round SAN JOSE, Calif. and BENGALURU, India, May 8, 2024 /PRNewswire/ — Wipro (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company and Kognitos Inc., a leader in Generative Al Automation and a portfolio company of Wipro Ventures, today announced a collaboration to deploy enterprise ready GenAI-based Business Automation Solutions. In addition to this, Wipro Ventures, Wipro’s corporate investment arm, invested in Kognitos as part of the firm’s Series A funding round. Wipro’s Digital Operations and Platforms business line will leverage Kognitos’ platform to drive productivity in large transformation engagements. The platform…

The IT Staffing Services Segment Increases its Billable Consultant Base by 6% during the Quarter PITTSBURGH, May 8, 2024 /PRNewswire/ — Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation IT Services, announced today its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights: First Quarter Results: Revenues for the first quarter of 2023 totaled $46.8 million, compared to $55.1 million during the corresponding quarter of 2023. Gross profits in the first quarter of 2024 were $12.1 million, compared to $13.5 million in the same quarter of 2023. Gross margins improved to 25.9% in the 2024 first quarter, versus…

Leveraging Infosys Cobalt to drive Yunex Traffic’s SAP S/4HANA transformation across 16 countries BENGALURU, India, May 8, 2024 /PRNewswire/ — Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced its collaboration with Yunex Traffic, a global leader in intelligent traffic solutions, to help accelerate their SAP S/4HANA-led digital transformation journey across 16 countries, including the United States, United Kingdom, and Germany. This strategic collaboration will help advance the ‘Yunex OneERP’ program, which aims to drive harmonization across diverse business units. In addition, Infosys will help Yunex Traffic consolidate disparate business processes and IT systems in the Enterprise Resource Planning (ERP) space into a cloud-based…

One-of-a-kind platform empowers customers to meet changing sustainability regulations, makeinformed decisions and contribute to a greener future AARHUS, Denmark, May 8, 2024 /PRNewswire/ — Master data management (MDM) solutions provider, Stibo Systems, has introduced Sustainability Data Cards, a powerful and unique-to-market sustainability data management capability. The Sustainability Data Cards leverage the Stibo Systems Enterprise Platform (STEP) to help businesses meet complex and quickly changing sustainability regulations and consumer demands. Now, data and compliance leaders can collaborate using Stibo Systems’ data management capabilities while seamlessly adding requirements, tracking compliance against assessments and onboarding, managing and consolidating key information into a single version of sustainability data. The Sustainability…

ROCHELLE PARK, N.J., May 8, 2024 /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 first quarter ended March 31, 2024. Summary Results for First Quarter 2024 (USD in millions, except per share data)GAAPNon-GAAPQ1 2024Q1 2023% ChangeQ1 2024Q1 2023% ChangeRevenue$134.2$124.77.6 %$134.2$124.87.6 %Gross Profit$57.6$53.08.5 %$60.9$56.48.0 %Gross Margin42.9 %42.5 % 40 bps45.4 %45.2 % 20 bpsOperating Income$20.5$18.98.6 %$24.3$22.57.8 %Operating Margin15.3 %15.1 % 20 bps18.1 %18.0 % 10 bpsNet Income (*)$17.4$14.222.3 %$20.4$17.318.4 %Diluted EPS$0.31$0.2619.2 %$0.36$0.3116.1 %(*) Attributable to Sapiens’ shareholders Roni Al-Dor, President and CEO of Sapiens, stated, “Sapiens delivered a solid first quarter, with year-over-year growth of 7.6% on total revenue of $134 million. The first quarter was highlighted by an impressive 9.5% year-over-year revenue growth in North America.…

NEWS PROVIDED BYInfo-Tech Research Group May 08, 2024, 11:10 ET Info-Tech Research Group’s latest research delves into the transformative power of Generative AI (Gen AI) for retail marketing strategies. Highlighting the challenges and opportunities marketers face, the firm’s blueprint emphasizes the importance of swift adoption of reliable Gen AI solutions to drive value and ensure a seamless digital experience for customers. TORONTO, May 8, 2024 /PRNewswire/ – The introduction of generative AI (Gen AI) is reshaping marketing strategies, including in the retail sector. As digital transformation increasingly drives market dynamics, Gen AI has the potential to facilitate unprecedented levels of personalization and efficiency…

NEWS PROVIDED BYNightDragon May 08, 2024, 12:00 ET Organizations are committed to raising awareness for closing the talent gap and increasing diversity within the cybersecurity industry SAN FRANCISCO, May 8, 2024 /PRNewswire/ — As the talent gap continues to present a massive and growing challenge within the cybersecurity industry, NightDragon, Cisco and World Wide Technology (WWT) today announced a collaboration with NPower to increase diversity and empower individuals from all backgrounds to pursue careers in cybersecurity. The cyber talent gap presents a significant and immediate issue to the cybersecurity industry, with 92% of cyber organizations reporting a talent shortage, according to the…