SaaS Subscription Revenue(1) of $31.2 million, above the top end of previous guidance Cash flows from operating activities of $1.4 million, a 72% improvement year-over-year Generative Answering customer base grows more than 50% since June 30, 2024 New and Expanded Partnerships with Salesforce, AWS, and Shopify Coveo reports in U.S. dollars and in accordance with International Financial Reporting Standards (“IFRS”) MONTREAL and SAN FRANCISCO, Nov. 4, 2024 /PRNewswire/ – Coveo (TSX: CVO), the leading enterprise AI platform that brings AI search and generative AI (“GenAI”) to every point-of-experience, enabling remarkable personalized digital experiences, today announced financial results for its second quarter of fiscal year 2025 ended September 30, 2024. “After a…
Author: PRNEWSWIRE
WILMINGTON, Del., Nov. 5, 2024 /PRNewswire/ — DuPont (NYSE: DD) announced its financial results(1) for the third quarter ended September 30, 2024. “Our results reflect continued strong quarterly financial performance with sequential improvement across all key financial metrics,” said Lori Koch, DuPont Chief Executive Officer. “Our ongoing innovation investments have positioned us well for growth as key end-markets recover. We are benefiting from continued demand recovery in electronics while also seeing improvement in our water and medical packaging end-markets. In the third quarter, a return to year-over-year organic sales growth coupled with solid execution drove strong operating leverage, resulting in 150 basis points of margin expansion.” …
Robust performance in challenging markets; volumes stabilising ZURICH, Nov. 5, 2024 /PRNewswire/ — Denis Machuel, Adecco Group CEO, commented: “We continue to successfully deliver on our Simplify, Execute, Grow plan and third quarter performance was robust, against a high comparison base. The macroeconomic environment remains challenging, but I am encouraged to see that volume trends have stabilised. We made further G&A savings in the quarter, allowing us to lift the year-end run-rate. We have reprioritised our IT/digital plans to accelerate AI adoption, and to expand Global Delivery to our top 25 customers. This will boost recruiter productivity and improve fill rates and time-to-fill,…
SANTA CLARA, Calif., Nov. 5, 2024 /PRNewswire/ — Tenstorrent, led by CEO Jim Keller, is proud to announce that they have been selected by Japan’s New Energy and Industrial Technology Development Organization (NEDO) — an organization under the jurisdiction of the Ministry of Economy, Trade, and Industry (METI) of Japan – and with Japan’s Leading-edge Semiconductor Technology Center (LSTC). This training program entails a dedicated and innovative engineering training program on Tenstorrent’s technology with Japan’s leading engineers. As part of this program with LSTC, Tenstorrent will bring up to 200 silicon engineers from Japan to come work at their United States sites and work on their cutting-edge AI/ML technology over the course of five years.…
BANGALORE, India, Nov. 5, 2024 /PRNewswire/ — Think41, a next-generation Generative AI (GenAI) services company, officially launches today with a bold mission: to harness AI’s transformative power to drive innovation, scale, and efficiency for enterprises worldwide. Founded by serial entrepreneurs and former Deloitte Managing Directors—Anshuman Singh, Harshit Singhal, Himanshu Varshney, and Sripathi Krishnan—who are also the visionary minds behind HashedIn (acquired by Deloitte LLP)—Think41 unites decades of expertise in cloud-native solutions and AI-driven transformations for Fortune 500 clients. With the GenAI landscape evolving at unprecedented speed, Think41 is setting a new standard in enterprise software development and digital transformation. By embedding AI across workflows, Think41 empowers businesses…
StarHub, KINX Inc. (Korea Internet Neutral eXchange), and ARTERIA Networks extend service reach to global audiences via ServiceFabric™, Digital Realty’s service orchestration platform SINGAPORE, Nov. 5, 2024 /PRNewswire/ — Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, today announced the continued momentum in Asia Pacific of ServiceFabric™, its service orchestration platform that seamlessly interconnects workflow participants, applications, clouds and ecosystems on PlatformDIGITAL®, its global data center platform. Over 30 Asia Pacific partners are now listed in Service Directory, a central marketplace that allows Digital Realty partners to highlight their offerings, extend their reach to global enterprises, and scale…
To assist regulatory bodies, governments and businesses in understanding and preventing digital fraud, Sumsub shares an interactive world map MIAMI, Nov. 5, 2024 /PRNewswire/ — Today, Sumsub, a leading full-cycle verification platform, releases the Global Fraud Index, the first-ever in-depth study of 103 countries that offers a complete overview of the risk of digital fraud. The Index reveals the underlying factors that fuel fraud in various parts of the world, aiming to raise public awareness of the root causes rather than mere numbers. Until now, no comprehensive global analysis of the fraud index existed despite digital fraud posing a substantial threat to the financial sector. According to a Juniper Research forecast, global losses from online payment fraud will…
TORONTO, Nov. 5, 2024 /PRNewswire/ — Thomson Reuters (TSX/NYSE: TRI) today reported results for the third quarter ended September 30, 2024: “We saw good momentum continue in the third quarter, with revenue and margins moderately ahead of our expectations” said Steve Hasker, President and CEO of Thomson Reuters. “We remain focused on driving innovation across our portfolio and markets to best serve our customers, demonstrated by our investment in AI now increasing to more than $200 million in 2024. We continue to make progress against our “Build, Partner, Buy” strategy, including launching several new AI product capabilities and making exciting enhancements to CoCounsel, our professional-grade GenAI assistant.…
RIYADH, Saudi Arabia, Nov. 5, 2024 /PRNewswire/ — Almarai, the world’s largest vertically-integrated dairy company and the world’s fourth most valuable dairy brand in 2024, today announced a strategic partnership with Google Cloud to accelerate its digital transformation initiatives. This collaboration aims to empower Almarai to enhance operational efficiency, drive growth, and deliver exceptional customer experiences in an increasingly competitive market. As the Middle East’s population grows and consumer demands evolve, Almarai recognizes the need to leverage digital technologies to optimize its operations and continue to offer world-class products and customer experiences. By migrating its critical systems to Google Cloud, Almarai gains access to…
PARIS, Nov. 5, 2024 /PRNewswire/ — Oracle Communications Summit — Oracle is building on its partnership with Vodafone Business IoT to bring global IoT connectivity to Oracle’s Enterprise Communications Platform (ECP) industry applications customers. Built on the high performance and security of Oracle Cloud Infrastructure, ECP uses edge architecture to give businesses the out-of-the-box connectivity and near real-time data intelligence required to power essential new services. The platform, which uses Vodafone’s Global SIM for cellular connectivity, underpins Oracle’s extensive portfolio of industry applications giving industries the ability to orchestrate, connect, and manage IoT devices and a new generation of cloud-based services. The combination of Oracle’s ECP with Vodafone…