Author: PRNEWSWIRE

Exceeded revenue and profitability guidance ranges Raising full year 2024 guidance for revenue and profitability RALEIGH, N.C., Oct. 31, 2024 /PRNewswire/ — Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced financial results for the third quarter ended September 30, 2024. “We’re pleased to report solid momentum carrying us into the end of the year, with record revenue and profitability performance, strong conversion to free cash flow and continued operating discipline,” said David Morken, CEO of Bandwidth. “These results are driven by the trust our customers place in us to deliver their business-critical services. We are excited by our new, next-generation…

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SAN JOSE, Calif., Oct. 31, 2024 /PRNewswire/ — In a world of rapidly changing business priorities, we wanted to find out the key drivers of modern Java trends and coding practices. BellSoft’s research reveals the ongoing performance conundrum – 73% of respondents believe that the performance of their enterprise Java applications can be improved and 58% of respondents agree that their business underestimates Java’s potential to reduce cloud costs. The research The survey, conducted by the BellSoft Research Team, gathered insights from over 300 Devoxx Belgium attendees in three key areas: performance challenges associated with Java 11 and earlier versions; security and performance concerns; and…

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MUNICH, Oct. 30, 2024 /PRNewswire/ — Siemens has signed an agreement to acquire Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market. Altair shareholders will receive USD 113 per share, representing an enterprise value of approximately USD 10 billion. The offer price represents a 19% premium to Altair’s unaffected closing price on October 21, 2024, the last trading day prior to media reports regarding a possible transaction. With this acquisition Siemens strengthens its position as a leading technology company and its leadership in industrial software. “Acquiring Altair marks a significant milestone for Siemens. This strategic investment aligns with our commitment…

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BEIJING, Oct. 31, 2024 /PRNewswire/ — When Yong Yong (pseudonym) navigates through the bustling exhibition hall, a soothing voice whisperers in his ear, guiding him past obstacles and pointing out objects in his path. Wearing a special pair of glasses, Yong Yong walks around on his own, overwhelmed by a newfound sense of freedom and independence – “as if I was not blind,” he said with a smile. Yong Yong, 30, was born with severe visual impairment. As his eyes can perceive only faint light, in the past decades, Yong Yong has rarely visited public places without his crutches. But now, he can walk almost as unaided…

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HONG KONG, Oct. 31, 2024 /PRNewswire/ — Global innovative technology brand TECNO today shared that its innovative TECNO Pocket Go has been listed as one of TIME’s Best Inventions of 2024 by TIME. This recognition underscores TECNO’s leadership in innovation with a futuristic mindset, further adding to TECNO Pocket Go’s impressive array of accolades, including from the Red Dot Design Awards, the International Design Excellence Awards and the 2024 Global Product Technology Innovation Awards. TIME is considered a prestigious source of information and a trusted voice in the media landscape. It is renowned for its annual “Best Inventions of the Year” list, which highlights groundbreaking innovations that…

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MUNICH, Oct. 31, 2024 /PRNewswire/ — Nagarro, a leader in digital engineering, today announced a global partnership with Marubeni Corporation, one of Japan’s largest general trading companies. This collaboration aims to support Marubeni’s subsidiary companies and other Japanese corporations in transforming their businesses through Nagarro’s digital engineering expertise and unique Fluidic Enterprise offerings. After months of discussions, Nagarro and Marubeni today concluded a Memorandum of Understanding, commencing a phase in which the model for the strategic partnership will be further explored and refined, with an initial go-to-market focus on the United States. Noritaka Wakuda, Nagarro’s leader in Japan, said, “Nagarro and Marubeni will jointly identify digital-first opportunities…

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The honor caps a year of innovation when Safe Security has become a category leader in Cyber Risk Quantification, diversifying into Vulnerability Management and Third Party Risk Management (TPRM) in the same Safe platform PALO ALTO, Calif., Oct. 30, 2024 /PRNewswire/ — Fortune, the global business magazine, in collaboration with Lightspeed Ventures, has named Safe Security to its prestigious Fortune Cyber 60 list of the 60 fastest-growing startups in cybersecurity after reviewing a pool of hundreds of contenders. Safe Security is disrupting the two most legacy markets in cybersecurity – GRC and TPRM. The SAFE One platform offers comprehensive first- and third-party cyber risk management…

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Liftr Insights data reveals differences of Oracle Cloud on many factors from number of cores to price per core, but not always. AUSTIN, Texas, Oct. 30, 2024 /PRNewswire/ — Liftr Insights, a pioneer in market intelligence driven by unique data, revealed that Oracle offers an average price of 5.1 cents per CPU core per hour, lower than the other cloud providers that represent 75% of the public cloud market. Prices matter for enterprises consuming diverse workloads, particularly when they understand the importance of multi-cloud environments deployed across multiple regions of the world. Prices matter for enterprises consuming diverse workloads, particularly in multi-cloud environments.Post this…

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As the nation transitions into a new presidential administration following the U.S. elections, Project Liberty will bring together top leaders to lay out a concrete technology and policy blueprint for fixing the internet over the next four years. POLITICO will serve as a media partner to examine how government, the private sector, and civil society can work together to put people back in control of their digital lives. The Onion, America’s Finest News Source, will present a one-of-a-kind banquet that promises to solve the internet, through dinner. Confirmed speakers during the two-day program include multidisciplinary media personalities, elected officials, technologists,…

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Latest integration incorporates award, solicitation, protest and vendor data to enable faster, more accurate requirements building with generative AI for acquisition professionals MCLEAN, Va., Oct. 30, 2024 /PRNewswire/ — Appian (Nasdaq: APPN) today announced the integration of ProcureSight with Appian Requirements Management, a solution for building requirements packages in the Appian Government Acquisition suite. The Requirements Management-ProcureSight integration allows government procurement professionals to build requirements faster and more accurately using semantic search and generative AI. With generative AI and semantic search, procurement teams can create requirements documents faster and more accurately.Post this Requirements building is a crucial phase of the procurement process. Having clearly defined requirements results…

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