Verified Market Research® a leading provider of business intelligence and market analysis is thrilled to announce the release of its comprehensive and authoritative report on the, “Hyper Automation Market Size and Forecast,” providing critical insights for industry leaders, technology providers, and investors navigating this rapidly evolving sector. LEWES, Del., Jan. 29, 2025 /PRNewswire/ — The Global Hyper Automation Market Size is projected to grow at a CAGR of 18.25% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 1.01 Billion in 2024 and is expected to reach USD 3.86 Billion by the end of the…
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SEOUL, South Korea, Jan. 28, 2025 /PRNewswire/ — Kyoto Transformation Xchange (KTX), a pioneering entity in cryptocurrency algorithms, is pleased to announce a significant partnership with Arstroma E&C Co. Ltd., a leading technology provider from South Korea renowned for their innovative membrane systems for carbon sequestration. These systems specifically convert CO₂ into blue hydrogen (H₂) and have successfully commercialized membrane technologies for the first time in the world. Arstroma proposes to join in overcoming global warming with its affordable and easy-to-install technology. The signing ceremony, held in Seoul, marks a pivotal moment in the collaboration between KTX and Arstroma. This partnership aims to leverage Arstroma’s cutting-edge membrane…
Leader in AI-powered CPQ reports more than 100% year-over-year revenue growth for the third consecutive year, unveils new AI-powered innovations, and expands enterprise customer base CHICAGO, Jan. 28, 2025 /PRNewswire/ — Logik.ai, formerly Logik.io, the pioneer in AI-powered composable Configure, Price, Quote (CPQ) solutions, today announced unprecedented growth and continued breakthrough innovation of its revolutionary and proprietary Logik AI capabilities. The company has achieved over 100% year-over-year revenue growth for the third consecutive year, underlining the increasing demand for an AI-powered, modern, intelligent CPQ platform that simplifies complex sales processes across all channels. As part of the continued commitment and leadership in AI innovation, the company…
NEW YORK, Jan. 28, 2025 /PRNewswire/ — Genpact (NYSE: G), a global advanced technology services and solutions company, today unveiled the Genpact AI Gigafactory — a first-of-its-kind AI accelerator designed to help enterprises rapidly scale AI solutions from pilot to full-scale production. It addresses the growing demand for enterprise-wide AI adoption while tackling critical governance challenges in an era of agentic advancement. “The benefits of AI are clear, but most businesses struggle with how to implement it at scale,” said Sanjeev Vohra, Chief Technology and Innovation Officer, Genpact. “A multi-disciplinary approach is essential to drive transformative impact—one that combines deep industry knowledge, expertise in data,…
RTX exceeds 2024 sales and EPS expectations*; Expects continued sales, earnings, and cash flow growth in 2025 ARLINGTON, Va., Jan. 28, 2025 /PRNewswire/ — RTX (NYSE: RTX) reports fourth quarter 2024 results and announces 2025 outlook. Fourth quarter 2024 Full year 2024 Outlook for full year 2025 “RTX delivered a very strong year of performance in 2024 with 11 percent organic sales growth* and 13 percent adjusted EPS growth*, including segment margin expansion* in all three businesses,” said RTX President and CEO Chris Calio. “We have strong momentum heading into 2025 with a $218 billion backlog and unprecedented demand for our products and solutions. We remain…
XIAMEN, China, Jan. 28, 2025 /PRNewswire/ — Lichen China Limited (the “Company” or “Lichen China”) (NASDAQ: LICN), a leading provider of financial and taxation services in China, today announced its plans to integrate the DeepSeek optimization framework into its existing Lichen Financial and Taxation AI Model. This integration is expected to significantly enhance the AI’s capabilities in handling complex financial and taxation tasks, offering more efficient and accurate solutions to its users. The DeepSeek optimization framework, known for its advanced multi-modal generation, efficient computation, and long-context processing capabilities, will be integrated into Lichen China’s AI architecture to improve its performance in various financial and…
Global survey reveals 75% of surveyed organizations pursuing a consolidated approach to security agree better integration across security, hybrid cloud, AI and other technology platforms is crucial ARMONK, N.Y. and SANTA CLARA, Calif., Jan. 28, 2025 /PRNewswire/ — New global research from the IBM (NYSE: IBM) Institute for Business Value (IBV) and Palo Alto Networks® (NASDAQ: PANW), found that surveyed organizations are facing security complexity challenges as they juggle an average of 83 different security solutions from 29 vendors. It also shows 7 out of 10 surveyed companies with a high degree of security platformization report their cybersecurity investments have helped business outcomes such as operational…
SAN FRANCISCO, Jan. 28, 2025 /PRNewswire/ — Open Insurance Data Link (openIDL), a forward-thinking consortium focused on establishing critical data standards and leveraging blockchain technology to revolutionize data exchange across the insurance industry, is pleased to welcome new members reThought Flood and Cloverleaf Analytics. As members of openIDL, reThought Flood, an MGA leader in data-driven insurance solutions, and Cloverleaf Analytics, a pioneer in advanced insurance data analytics, will help openIDL lead the charge in insurance data standardization. As active members of openIDL, reThought Flood and Cloverleaf Analytics will play a pivotal role in the newly launched open Insurance Data Standards (openIDS) Working Group, spearheading the…
Significant 2024 Growth Positions Company for Continued Success in 2025, Driven by Pathlock Cloud Expansion, Strategic Partnerships and Investments in Technology and Leadership. DENVER, Jan. 28, 2025 /PRNewswire/ — Pathlock, the leader in identity and application governance, today announced significant company momentum, including over 100% Year-over-Year Annual Recurring Revenue (ARR) growth of its Pathlock Cloud platform, providing fine-grained identity security and governance for business-critical applications to reduce risk, lower compliance costs, and ensure audit and IPO readiness. This growth was driven by strategic investments which underscore Pathlock’s expanding global presence and its commitment to serving the world’s largest and most complex application ecosystems.…
Strong momentum demonstrates positive impact insurance-specific AI delivers; addresses insurers’ critical need to reduce costs, increase productivity and provide exceptional customer experiences NEW YORK, Jan. 28, 2025 /PRNewswire/ — Roots Automation, creator of the Agentic AI platform for insurance and InsurGPT™, the world’s first generative AI model for insurance, today announced its fourth straight year of triple-digit revenue growth with significant company and customer expansion. In 2024, the company continued to prioritize research and development of its insurance AI technology, allowing insurance companies to increase revenue by quoting business faster, decrease claims leakage by interpreting data accurately, and delight policyholders by improving person-to-person engagement. Following…