BT Group

EQS-News: VR Equitypartner GmbH: VR Equitypartner supports Cygna Labs in the acquisition of Nokia’s DDI business unit

Retrieved on: 
Thursday, March 16, 2023

Cygna Labs will be supported by Frankfurt-based private equity company VR Equitypartner (VREP), which holds a minority stake in the company.

Key Points: 
  • Cygna Labs will be supported by Frankfurt-based private equity company VR Equitypartner (VREP), which holds a minority stake in the company.
  • Cygna Labs is a leading software developer in the fields of network, cloud and security and one of the top three global DDI vendors.
  • The product will remain a standalone product line and has already been incorporated into Cygna Labs’ portfolio of managed service offerings.
  • Alexander Häcker, CEO of Cygna Labs Group, notes: “Cygna Labs continues to support large-scale enterprise customers that rely on our DDI products and services.

Cognigy Strengthens Executive Team to Further Momentum, Support Continued Enterprise Demand for Conversational AI

Retrieved on: 
Tuesday, March 14, 2023

The demand for conversational artificial intelligence (CAI) continues to grow as users gain greater levels of confidence interacting with businesses on voice and digital channels.

Key Points: 
  • The demand for conversational artificial intelligence (CAI) continues to grow as users gain greater levels of confidence interacting with businesses on voice and digital channels.
  • Ongoing adoption of Generative AI will help to further transform enterprise customer service and contact centers by creating advanced conversational experiences and driving efficiency.
  • Cognigy is at the forefront of a truly transformational shift in contact center operations and has recently introduced a Generative AI solution for enterprise contact centers.
  • “By strengthening our executive team at this critical juncture, we are ensuring that Cognigy has the leadership necessary for continued growth and further momentum as we expand our presence in strategic regions worldwide,” said Sascha Poggemann, Cognigy co-founder and COO.

Wix Announces Changes to Board of Directors to Support New Phase of Value Creation

Retrieved on: 
Wednesday, March 8, 2023

NEW YORK, March 8, 2023 /PRNewswire/ -- Wix (Nasdaq: WIX), today announced changes to its Board of Directors. The announced changes are part of Wix's track record of regularly refreshing and enhancing its board to closely align with the changing operating environment as well as its current strategic objectives, balancing stability and expertise with change and adaptability. Additionally, these changes support Wix's continued transition to a new phase of value creation focused on product-led growth with sustained profitability and a commitment to achieving "Rule of 40" in 2025.

Key Points: 
  • Additionally, these changes support Wix's continued transition to a new phase of value creation focused on product-led growth with sustained profitability and a commitment to achieving "Rule of 40" in 2025.
  • In these efforts, Wix announced the appointment of Gavin Patterson and Francesco de Mojana to Wix's Board of Directors.
  • Wix also announced the resignation of Yuval Cohen and Roy Saar from the Board after many years of dedicated service.
  • These new board members were carefully and strategically chosen to guide and support the Wix management team with key incremental skill sets.

Vicor Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2022

Retrieved on: 
Thursday, February 23, 2023

ANDOVER, Mass., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the fourth quarter and year ended December 31, 2022.

Key Points: 
  • ANDOVER, Mass., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the fourth quarter and year ended December 31, 2022.
  • Gross margin increased to $49.1 million for the fourth quarter of 2022, compared to $40.8 million for the corresponding period a year ago, and increased sequentially from $47.0 million for the third quarter of 2022.
  • Gross margin, as a percentage of revenue, increased to 46.6% for the fourth quarter of 2022, compared to 45.2% for the corresponding period a year ago, and from 45.5% for the third quarter of 2022.
  • Capital expenditures for the fourth quarter totaled $12.7 million, compared to $16.8 million for the corresponding period a year ago and $14.4 million for the third quarter of 2022.

Amplitude Transitions Financial Leadership with New CFO

Retrieved on: 
Wednesday, February 15, 2023

Following its fourth quarter and fiscal year 2022 earnings report today, digital analytics platform leader Amplitude, Inc. (NASDAQ: AMPL) has appointed former Forescout executive Christopher (“Criss”) Harms as the company’s next chief financial officer (CFO).

Key Points: 
  • Following its fourth quarter and fiscal year 2022 earnings report today, digital analytics platform leader Amplitude, Inc. (NASDAQ: AMPL) has appointed former Forescout executive Christopher (“Criss”) Harms as the company’s next chief financial officer (CFO).
  • The news comes as current CFO Hoang Vuong plans to transition from the company.
  • Vuong will remain at Amplitude in the interim to ensure a seamless handover.
  • Prior to Amplitude, Harms spent seven years as CFO of Silicon Valley-based security company Forescout Technologies.

AMA Environmental Agents Selected as Finalist for 2023 SXSW Pitch

Retrieved on: 
Tuesday, January 31, 2023

AMA Agentes do Meio Ambiente (Environmental Agents), a startup that promotes sustainability and entrepreneurship through technology, is among the two Brazilian companies selected for the first time to present at SXSW Pitch 2023.

Key Points: 
  • AMA Agentes do Meio Ambiente (Environmental Agents), a startup that promotes sustainability and entrepreneurship through technology, is among the two Brazilian companies selected for the first time to present at SXSW Pitch 2023.
  • Of the 731 companies that applied to present at SXSW Pitch 2023, AMA was selected among 40 finalists in eight distinct categories.
  • "Being part of SXSW confirms the relevance of our project for the development and sustainability of cities in an international perspective.
  • The festival is the main meeting of innovation and technology in the world and to be selected to pitch AMA is an honor and a great responsibility for our team," says AMA's CEO, Marcelo Crivano.

BT Group and EE Select Hiya Protect for Spam and Fraud Call Protection in the UK

Retrieved on: 
Tuesday, January 24, 2023

Hiya , the leading voice security company, today announced a new agreement with the BT Group to provide the industry’s leading call protection service, Hiya Protect, for BT and EE users.

Key Points: 
  • Hiya , the leading voice security company, today announced a new agreement with the BT Group to provide the industry’s leading call protection service, Hiya Protect, for BT and EE users.
  • EE is the first major carrier to select and implement Hiya Protect in conjunction with Ericsson since the companies announced their integration partnership .
  • According to Hiya’s latest research , 29% of all calls in the UK are spam and 50% of those are fraud calls – representing the highest fraud rate across Europe.
  • To learn more about Hiya Protect and how it can help protect your subscribers from spam and fraud, visit https://www.hiya.com/products/protect .

Gamma Deploys Riskonnect to Advance Strategic Decision Making with Automated Risk Management System

Retrieved on: 
Tuesday, January 24, 2023

Riskonnect , the leader in integrated risk management (IRM) solutions, today announced that Gamma , a leading provider of Unified Communications as a Service (UCaaS), has selected Riskonnect to automate its Enterprise Risk Management (ERM) framework.

Key Points: 
  • Riskonnect , the leader in integrated risk management (IRM) solutions, today announced that Gamma , a leading provider of Unified Communications as a Service (UCaaS), has selected Riskonnect to automate its Enterprise Risk Management (ERM) framework.
  • “We’re thrilled to work with Gamma and help them digitally transform their risk management and reporting processes.
  • “A clear view of exposure and the ability to swiftly respond to risk is especially crucial in today’s compounding risk landscape.
  • The transparency and accountability Riskonnect provides will equip the risk management team at Gamma to support the business as it continues on its accelerated growth path.

Whatfix Launches Product Analytics, Building on 2022 Success

Retrieved on: 
Thursday, February 9, 2023

SAN JOSE, Calif. and BANGALORE, India, Feb. 9, 2023 /PRNewswire/ -- Whatfix, the global digital adoption platform (DAP) market leader, today announced its recently launched new product line Product Analytics, which enables organizations to track, visualize, and analyze user engagement and behavior data with seamless instrumentation ensuring no-code event tracking and data consistency. While previously, product analytics was built for software vendors, Whatfix extends this capability to software buyers as well. Since its launch, in the last two quarters, Product Analytics has seen approximately 200% quarter-on-quarter (QoQ) revenue growth and has been adopted by 100+ customers including large enterprises like Cisco and UPS.

Key Points: 
  • While previously, product analytics was built for software vendors, Whatfix extends this capability to software buyers as well.
  • Whatfix Product Analytics, empowers software owners to independently implement end-to-end analytics from tracking to insights, eliminating engineering dependency.
  • Whatfix developed Product Analytics to help enterprises gain competitive advantage by creating better software experiences, a more proficient workforce, and optimized digital operations," said Khadim Batti, Whatfix CEO and co-founder.
  • Whatfix is now a multi-product company selling both, Digital Adoption Platform Solutions and Product Analytics, and has several innovative products underway, keeping the principles of userization at the core of product development.

Avado announces the FastFutures Movement with its 'Impact Report & Strategic Vision 2022'

Retrieved on: 
Friday, February 3, 2023

LONDON, Feb. 3, 2023 /PRNewswire/ -- Today FastFutures, powered by Avado, is proud to announce the top achievements of 2022 in its 'Impact Report & Strategic Vision 2022'. These include the BT Group sponsorship which supported 1,600 learners, Department for Education funding awards to deliver four critical skills bootcamps, and a pledge to upskill 10,000 learners in 2023.

Key Points: 
  • The report charts the transformation of FastFutures into a full-scale movement, supporting the upskilling of employees & diverse job seekers in the digital economy
    LONDON, Feb. 3, 2023 /PRNewswire/ -- Today FastFutures, powered by Avado, is proud to announce the top achievements of 2022 in its 'Impact Report & Strategic Vision 2022'.
  • All 100% of FastFutures participants were looking to reskill for a digital role, and 69% secured jobs upon completion.
  • The partnership with BT Group, one of the UK's most innovative brands, has been a pivotal milestone for FastFutures.
  • The FastFutures umbrella will expand even further, with Avado's Apprenticeships programmes redesigned and incorporated into the FastFutures Movement.