Information Technology

Cloud Market Jumped to $330 billion in 2024 - GenAI is Now Driving Half of the…

"Q4 was another strong quarter for cloud services, helping to drive a full-year growth rate that was a full four percentage points higher than 2023. For such a big market that is an impressive acceleration of growth," said John Dinsdale, a Chief Analyst at Synergy Research Group. "How much of that was down to AI? ChatGPT was launched at the end of 2022 and helped to bolster service development through 2023 and then boost more aggressive market growth through 2024. Our assessment…
PR Newswire
07/02/2025

Fortinet Reports Fourth Quarter and Full Year 2024 Financial Results

Fourth Quarter 2024 Highlights Total revenue of $1.66 billion, up 17% year over yearProduct revenue of $574 million, up 18% year over yearBillings of $2.00 billion, up 7% year over year 1 Record GAAP operating margin of 35% Record Non-GAAP operating margin of 39% 1 Unified SASE ARR 2up 28% and Security Operations ARR 2up 32%, year over yearRanked #7 on the Forbes Most Trusted Companies in America 2025 list, the only cybersecurity company in the top 50...
Nasdaq GlobeNewswire
06/02/2025

Nokia Corporation: Repurchase of own shares on 06.02.2025

Nokia Corporation Stock Exchange Release 6 February 2025 at 22:30 EET Nokia Corporation: Repurchase of own shares on 06.02.2025 Espoo, Finland – On 6 February 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code)Number of sharesWeighted average price / share, EUR*XHEL1,379,2684.64CEUX--BATE--AQEU--TQEX--Total1,379,2684.64* Rounded to two decimalsOn...
Nasdaq GlobeNewswire
06/02/2025

Migrant Startups in Berlin: A Win-Win for Europe's Economy and Innovation

Axios received 52 applications for its first cohort and closed submissions early due to high demand. The winning startup, Meealthy, is an AI assistant that provides personalised nutrition and wellness recommendations for women. Second place went to HabbyApp, a gamified platform that helps children develop healthy habits. H&H Travel, an intelligent trip-planning assistant, secured third place. Axios received 52 applications for its first cohort and closed submissions early due to high…
PR Newswire
06/02/2025

Dräger announces significant expansion of UK rental division Draeger Hire as it…

Reinforcing the commitment to its rental services, the business also announced the appointment of Neil Shepherd, who will oversee the broader marketing of Draeger Hire, as well as having overall responsibility for marketing of the business's Dräger Marine and Offshore division. Reinforcing the commitment to its rental services, the business also announced the appointment ofNeil Shepherd, who will oversee the broader marketing of Draeger Hire , as well as having overall responsibility for...
PR Newswire
06/02/2025

YunoJuno Releases 2025 Freelancer Rates Report: AI Skills Drive Shift in…

Other key findings within the report include: Other key findings within the report include: The report commentary highlights a paradoxical labour market situation where companies face simultaneous hiring freezes and critical skills shortages, with further pressure being added from technology's pace of change, particularly around accelerating AI advancements. This has led to an increased reliance on freelance talent as a strategic resource for maintaining business adaptability, agility and...
PR Newswire
06/02/2025

Information Relating to the Total Number of Voting Rights and Shares Forming the…

In Bernin, on Februay 6, 2025 INFORMATION RELATING TO THE TOTAL NUMBEROF VOTING RIGHTS AND SHARESFORMING THE SHARE CAPITAL (Article L. 233-8 II of the French Commercial Code and article 223-16 of the General Regulation of the French financial markets authority (AMF)) Corporate name and address of the company:SOITECParc Technologique des Fontaines - Chemin des Franques38190 Bernin (FRANCE) Statement dateTotal number of shares forming the...
Nasdaq GlobeNewswire
06/02/2025

Equasens: 2024 annual revenue

Villers-lès-Nancy, 6 February 2025 - 6:00 p.m. (CET)PRESS RELEASE 2024 annual revenue: €216.8 millionincluding €58.6 million in Q4 (+2.6% on a reported basis and -0.4% like-for-like)Revenue (€&)2023 Reported basis2024 Reported basisChange / Reported basis Of which external growthOf which Ségur 12024 Of which Ségur 2023 Like-for-like change (organic growth)Q156.253.3-2.9-5.2%2.00.3-1.4-3.8-6.7%Q256.454.7-1...
Nasdaq GlobeNewswire
06/02/2025

Pecan AI's New Predictive Co-Pilot Empowers Organizations to Predict the Future…

"With our predictive modeling co-pilot, we address key challenges such as simplifying complex workflows and enabling seamless adoption of predictive analytics- a first of its kind," said Zohar Bronfman, CEO and Co-Founder of Pecan. "This enables every BI team to independently predict outcomes like customer churn, conversion, demand forecasting, and lead scoring, enabling organizations to see tangible returns on their data investments." "With our predictive modeling…
PR Newswire
06/02/2025

Quantum Key Distribution Market worth $2.63 billion by 2030- Exclusive Report by…

Browse in-depth TOC on "Quantum Key Distribution Market" Browse in-depth TOC on "Quantum Key Distribution Market" 515 – Tables59 - Figures 342 – Pages Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=80654677 Scope Of the Report Based on the offering, the solution segment accounts for the highest market size during the forecast period. The solution segment is projected to hold the largest market share during the forecast period due to...
PR Newswire
06/02/2025

ASAP Utilities wins 'Best Microsoft Excel Add-in' Award at the Global Excel…

The Global Excel Awards, organized by the Global Excel Summit, celebrate excellence within the Excel community across five categories. ASAP Utilities won in the 'Best Microsoft Excel Add-in' category for its many tools that extend Excel's capabilities, enhancing productivity and efficiency. Other awards categories include Rising Star in the Excel Industry, Most Innovative Use of Excel, Best LAMBDA, and Best Global Excel Summit 2025 In-Person Session. TheGlobal Excel Awards, organized by the...
PR Newswire
06/02/2025

HEADFIRST GLOBAL APPOINTS EDZARD OVERBEEK AS GROUP CEO TO DRIVE NEXT PHASE OF…

With decades of technology, sales, general management, and executive experience, Overbeek has held key leadership positions across Fujitsu, Siemens, and Cisco Systems where he led the Global Services organisation, responsible for over $12 billion in revenues. In 2016, Overbeek took the reins of HERE Technologies and transformed the company into a global location data and technology platform serving diverse industries. With decades of technology, sales, general management, and executive...
PR Newswire
06/02/2025

ERS electronic Unveils Production, R&D Facility, and Competence Center for…

"The opening of this facility underscores our dedication to advancing semiconductor technologies and supporting our customers in Europe and beyond," says Laurent Giai-Miniet, CEO of ERS electronic. "Through firsthand demonstrations and personalized support, we aim to help our customers accelerate time-to-market and optimize manufacturing processes." "The opening of this facility underscores our dedication to advancing semiconductor technologies and supporting our…
PR Newswire
06/02/2025

Bybit Registers with FIU-IND and Commits to the Indian Markets

We believe that our engagement and cooperation throughout the FIU-IND registration process demonstrates our commitment to compliance. We have been actively working to fulfill all necessary requirements for compliance, including its registration application on 26 June 2024 as a Virtual Digital Asset Service Provider ("VDASP") in India. We believe that our engagement and cooperation throughout the FIU-IND registration process demonstrates our commitment to compliance. We have been…
PR Newswire
06/02/2025

Sonata Software: Delivers revenue growth of 4.4% (CC) QoQ in International…

Speaking on the quarterly results, Mr.Samir Dhir, MD & CEO of the Company said, "In Q3'25, our International business delivered 4.4%(CC) QoQ growth and EBIDTA drop due to onetime cost items. During the quarter, we won two large deals, our first multi-million-dollar deal on Microsoft Fabric, and for Gen AI modernization. We remain optimistic about our long-term vision and growth prospects of Sonata." Speaking on the results, Mr.Sujit Mohanty, MD & CEO of Sonata...
PR Newswire
06/02/2025

Elegoo to Open Pre-Orders for Centauri Carbon on February 17, Bringing Reliable…

With a print volume of 256 × 256 × 256 mm, the Centauri Carbon offers a user-friendly, professional-grade 3D printing experience that transforms any living room into a creative space. Compared to open-framed bed slingers, its family-friendly design with rounded corners and an enclosed structure offers safety for homes with children and pets, while the assembly-free setup allows users to print right out of the box for added convenience. A built-in filter removes harmful gases during printing…
PR Newswire
06/02/2025

Correction: Agillic A/S publishes preliminary results for 2024 and guidance for…

Announcement no. 02 2025 Inside informationCopenhagen – 6 February 2025 – Agillic A/SCorrection: Date changed to 6 February 2025Preliminary results for 2024ARR from subscriptions is expected to be DKK 54.3m in 2024, which is 3% below the guidance of DKK 56-60m. ARR from transactions is expected to be DKK 11.2m in 2024, which is in line with the guidance of DKK 10-14m. Total ARR is therefore expected to be DKK 65.5m in 2024 compared to the guidance of DKK 66-74m. As a result of the...
Nasdaq GlobeNewswire
06/02/2025

Collaborative Robots Pioneer Automation Revolution, Market to Reach US$7.2…

"Cobots are at the forefront of the robotics revolution. They have the potential to democratize automation and bring robots into new markets, working side-by-side with human workers to unlock economic growth," states George Chowdhury, Robotics Industry Analyst at ABI Research. "Cobots have a synergy with Artificial Intelligence (AI); The two technologies combined have been leveraged by enterprises to automate tasks which have, until now, been exclusively reserved for human…
PR Newswire
06/02/2025

Agillic A/S publishes preliminary results for 2024 and guidance for 2025

Announcement no. 01 2025 Inside informationCopenhagen – 5 February 2025 – Agillic A/SPreliminary results for 2024ARR from subscriptions is expected to be DKK 54.3m in 2024, which is 3% below the guidance of DKK 56-60m. ARR from transactions is expected to be DKK 11.2m in 2024, which is in line with the guidance of DKK 10-14m. Total ARR is therefore expected to be DKK 65.5m in 2024 compared to the guidance of DKK 66-74m. As a result of the development in revenue from subscriptions,...
Nasdaq GlobeNewswire
06/02/2025

Virtusa Announces Leadership Transition

Nitesh Banga to succeed Santosh Thomas as Chief Executive Officer During his tenure as CEO, Mr. Thomas guided Virtusa through a holistic company transformation. He established the strategic direction of the company, drove worldwide operational excellence through targeted investments in personnel, technology, and commercial initiatives. He oversaw several strategic acquisitions and digital capability expansion efforts which significantly broadened the company's services and resulted in...
PR Newswire
06/02/2025

Squirro drives almost 60% annual growth through acquisitions, partnerships and…

The healthy performance of the company is attributed to several key factors: acquisitions and partnerships, new technology and its ability to meet demands for GenAI technology that can help organisations elevate their operations, optimise resources and differentiate themselves from the competition. The healthy performance of the company is attributed to several key factors: acquisitions and partnerships, new technology and its ability to meet demands for GenAI technology that can help...
PR Newswire
06/02/2025

Guangdong Accelerates Construction of a Modern Industrial System with Greater…

According to Huang Kunming, to advance the Chinese-style modernization, building a modern industrial system is an essential and strong support. Shouldering the mission of pioneering in the journey, Guangdong should play an exemplary role in driving the modernization of the industrial system, and establish a powerful new image based on a modern industrial system with greater international competitiveness. Guangdong's industrial system has grown up through open cooperation, and continuously…
PR Newswire
06/02/2025

ST Engineering iDirect Demonstrates Public Safety Connectivity with Verizon…

Hosted by Verizon Frontline, the event will highlight its range of innovative solutions designed to deliver vital connectivity in emergency scenarios. Powered in part by ST Engineering iDirect's state-of-the-art satellite communication technology, Verizon Frontline's advanced tactical assets on display include: Hosted by Verizon Frontline, the event will highlight its range of innovative solutions designed to deliver vital connectivity in emergency scenarios. Powered in part by ST Engineering...
PR Newswire
06/02/2025

Meridian Flight Systems Joins Altair Aerospace Startup Acceleration Program…

"Meridian marks yet another fantastic addition to ASAP. We are excited to collaborate with them to push innovation in the development of heavy-lift UAVs," said Pietro Cervellera, senior vice president of aerospace and defense, Altair. "With our world-class software and technical support, we look forward to seeing what technologies arise from the Corra and HERMES projects." "Meridian marks yet another fantastic addition to ASAP. We are excited to collaborate with them to…
PR Newswire
06/02/2025
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