Forecasting

Wolters Kluwer named Market Leader in BARC Score Financial Performance Management 2024

Retrieved on: 
Thursday, March 28, 2024

Wolters Kluwer, a global leader in information, software, and services for professionals, today announces that its CCH® Tagetik expert solution has retained its leadership position for the seventh consecutive year in both the Global and DACH region issues of the prestigious BARC Score Financial Performance Management (FPM) Report .

Key Points: 
  • Wolters Kluwer, a global leader in information, software, and services for professionals, today announces that its CCH® Tagetik expert solution has retained its leadership position for the seventh consecutive year in both the Global and DACH region issues of the prestigious BARC Score Financial Performance Management (FPM) Report .
  • Ralf Gärtner, Senior Vice President and General Manager of Corporate Performance & ESG, Wolters Kluwer, said: “The BARC Score FPM Reports have ranked CCH Tagetik as a market leader year after year, recognizing our consistent commitment to product excellence and innovation.
  • Dr. Christian Fuchs, BARC Senior Data & Analytics Analyst, commented: “Our BARC Financial Consolidation Survey has revealed a high level of customer satisfaction with CCH Tagetik projects.
  • This positive customer feedback underscores CCH Tagetik's continued strong performance in the BARC Scores.”
    CCH Tagetik is part of Wolters Kluwer’s Corporate Performance & ESG (CP & ESG) division, headed by CEO Karen Abramson .

KBRA Assigns Long-Term Ratings of AA to Three Series of Chicago Park District General Obligation Bonds; Outlook is Positive

Retrieved on: 
Thursday, March 28, 2024

KBRA assigns a long-term rating of AA with a Positive Outlook to the Chicago Park District General Obligation Limited Tax Park Bonds Series 2024A; General Obligation Limited Tax Refunding Bonds, Series 2024B; and General Obligation Unlimited Tax Bonds, Series 2024E (Special Recreation Activity Alternate Revenue Source).

Key Points: 
  • KBRA assigns a long-term rating of AA with a Positive Outlook to the Chicago Park District General Obligation Limited Tax Park Bonds Series 2024A; General Obligation Limited Tax Refunding Bonds, Series 2024B; and General Obligation Unlimited Tax Bonds, Series 2024E (Special Recreation Activity Alternate Revenue Source).
  • Additionally, KBRA affirms the long-term rating of AA, and Positive Outlook, on the District’s outstanding General Obligation Bonds.
  • The rating actions reflect the following key credit considerations:
    Strong financial condition as evidenced by stable and healthy levels of operating reserves.
  • Substantial tax base with deep and diverse economy that is coterminous with the City of Chicago.

Planet Reports Financial Results for Fourth Quarter and Full Fiscal Year 2024

Retrieved on: 
Thursday, March 28, 2024

Fourth quarter gross margin was 55%, compared to 55% in the fourth quarter of fiscal year 2023.

Key Points: 
  • Fourth quarter gross margin was 55%, compared to 55% in the fourth quarter of fiscal year 2023.
  • Fourth quarter Non-GAAP Gross Margin(1) was 58%, compared to 58% in the fourth quarter of fiscal year 2023.
  • (1) Please see “Planet’s Use of Non-GAAP Financial Measures” below for a discussion on how Planet calculates the non-GAAP financial measures presented herein.
  • The actual amount of these expenses during the first quarter of fiscal year 2025 will have a significant impact on Planet’s future GAAP financial results.

Rootstock Debuts AIRS™: Cutting-Edge AI for Manufacturers

Retrieved on: 
Wednesday, March 27, 2024

Short for “Artificial Intelligence (AI) from Rootstock (RS),” this revolutionary AI-based solution designed to transform manufacturing decisions was unveiled at the Rooted-In Manufacturing Conference in New Orleans.

Key Points: 
  • Short for “Artificial Intelligence (AI) from Rootstock (RS),” this revolutionary AI-based solution designed to transform manufacturing decisions was unveiled at the Rooted-In Manufacturing Conference in New Orleans.
  • AIRS marks a significant leap forward in harnessing data from the Signal Chain for predictive and generative AI power in decisioning.
  • "AIRS is not just another AI tool; it's AI that truly matters to manufacturers," said Raj Badarinath , Chief Product & Marketing Officer at Rootstock Software .
  • Manufacturers will be able to predict lead times, foresee production bottlenecks, more accurately allocate materials and resources, and reduce waste.

Triton Digital Acquires Sounder, Enhancing Audio Advertising Capabilities

Retrieved on: 
Tuesday, March 26, 2024

Triton Digital, the global technology and services leader in the digital audio, podcast, and broadcast radio industries, announced the acquisition of Sounder, an innovative audio intelligence platform.

Key Points: 
  • Triton Digital, the global technology and services leader in the digital audio, podcast, and broadcast radio industries, announced the acquisition of Sounder, an innovative audio intelligence platform.
  • As part of Triton Digital, Sounder will continue to provide advanced contextual targeting solutions, brand suitability, and cutting-edge podcast promotional tools.
  • "We are thrilled to welcome Sounder to the Triton Digital family," said John Rosso, President and CEO of Triton Digital.
  • “Our AI-powered content analysis enables Triton to bring unprecedented insights, targeting, and promotional capabilities to the audio marketplace."

Tru Earth to Optimize Forecasting and Replenishment with RELEX Solutions

Retrieved on: 
Tuesday, March 26, 2024

TRU EARTH , a B Corp certified household cleaning products organization, has selected RELEX Solutions to enhance its operational and supply chain efficiencies.

Key Points: 
  • TRU EARTH , a B Corp certified household cleaning products organization, has selected RELEX Solutions to enhance its operational and supply chain efficiencies.
  • With the implementation of the RELEX solution, Tru Earth aims to refine forecasting and replenishment procedures for their distribution centers in North America, Europe, and Australia.
  • "Tru Earth selected RELEX for their proven expertise in optimizing forecasting and replenishment, aligning perfectly with our commitment to sustainability and operational excellence."
  • We are thrilled to support Tru Earth on their impressive growth journey, ensuring that operational efficiency aligns seamlessly with environmental responsibility."

Forge Global Holdings, Inc. Reports Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Tuesday, March 26, 2024

Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced its financial results for the quarter and year ended December 31, 2023.

Key Points: 
  • Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced its financial results for the quarter and year ended December 31, 2023.
  • Operating Income: Total operating loss went from $21.5 million in the quarter ended September 30, 2023 to $24.4 million in the quarter ended December 31, 2023.
  • Net Loss: Net loss went from $19.0 million in the quarter ended September 30, 2023 to $26.2 million in the quarter ended December 31, 2023.
  • Adjusted EBITDA: Total adjusted EBITDA loss went from $10.4 million in the quarter ended September 30, 2023 to $13.6 million in the quarter ended December 31, 2023.

Nucleus Research Releases 2024 Salesforce Automation Technology Value Matrix

Retrieved on: 
Tuesday, March 26, 2024

“Salesforce Automation technology encompasses capabilities that are critical for the modern salesforce, including lead, contact, and opportunity management, sales forecasting, workflow automation, reporting and analytics, mobile accessibility, and seamless integration capabilities,” said Senior Analyst Cameron Marsh .

Key Points: 
  • “Salesforce Automation technology encompasses capabilities that are critical for the modern salesforce, including lead, contact, and opportunity management, sales forecasting, workflow automation, reporting and analytics, mobile accessibility, and seamless integration capabilities,” said Senior Analyst Cameron Marsh .
  • The Experts in this year’s Value Matrix are organizations that deliver value to customers with complex use cases through deep functionality and industry-specific capabilities.
  • Accelerators in this year’s Value Matrix deliver value through greater ease of use and quick implementation.
  • To download the full 2024 SFA Technology Value Matrix, click here .

CGL Acquires JFA Associates

Retrieved on: 
Wednesday, March 27, 2024

CGL Companies (CGL), the nation’s leading justice consulting and facility maintenance firm, is pleased to announce the integration of JFA Associates (JFA), a renowned criminal justice research and analytical company established in 2003.

Key Points: 
  • CGL Companies (CGL), the nation’s leading justice consulting and facility maintenance firm, is pleased to announce the integration of JFA Associates (JFA), a renowned criminal justice research and analytical company established in 2003.
  • By incorporating JFA's capabilities into our organization, CGL will significantly enhance its capacity to address the specific needs of justice clients.
  • JFA has developed a proprietary software simulation model that accurately projects future inmate population levels, a crucial component of criminal justice system master plans conducted by CGL.
  • Dr. James Austin and Wendy Ware, Co-Founders of JFA Associates, also commented on the acquisition, saying, "We are thrilled to join forces with CGL and contribute our research and analytical capabilities to their already impressive portfolio.

SugarCRM Named a Leader in the Nucleus Research Sales Force Automation Technology Value Matrix 2024

Retrieved on: 
Tuesday, March 26, 2024

SugarCRM , provider of the award-winning AI-driven sales automation platform, today announced it has been named a Leader in the Nucleus Research SFA Technology Value Matrix.

Key Points: 
  • SugarCRM , provider of the award-winning AI-driven sales automation platform, today announced it has been named a Leader in the Nucleus Research SFA Technology Value Matrix.
  • The new 2024 standalone sales force automation report recognizes Sugar for continuous innovations to its cloud-based platform, Sugar Sell , that empowers organizations with a comprehensive suite of sales automation tools tailored to meet the demands of modern sales teams.
  • This is the fourth year in a row that Sugar has been recognized as a Leader in Nucleus Research’s value matrix assessments; in 2023, 2022, and 2021 the company was named a Leader in the CRM Technology Value Matrix .
  • “It’s an honor to be named a Leader by Nucleus Research in this crucial Sales Force Automation Technology Value Matrix evaluation.