TMT

Tyton Partners Promotes Catherine Shaw, Kate Sutherland, and Shlomy Kattan to Managing Director

Retrieved on: 
Wednesday, February 14, 2024
AAC, Doctor of Philosophy, Leila Schneps, Education, Generative, Mentorship, TMT, CPG, Georgia State University, Learning, Interfolio, Synthetic media, EAB, Ecosystem, Coffee, Teaching, Partner (business rank), K-12, Social impact, Bill, Executive officer, Publication, Workforce, State government, Research, Regis College, University of California, Berkeley, Management

Catherine Shaw brings a unique blend of experience in education, strategy consulting, and technology to her role.

Key Points: 
  • Catherine Shaw brings a unique blend of experience in education, strategy consulting, and technology to her role.
  • Catherine Shaw, Kate Sutherland, and Shlomy Kattan embody our core values, bringing unparalleled expertise and vision to our leadership team.
  • As we embrace this new chapter, we look forward to the continued impact they will undoubtedly have on Tyton Partners and the education sector at large."
  • To learn more about Tyton Partners’ newest Managing Directors, their accomplishments, or to find a time to share perspectives and insights over coffee, please contact us below.

BNP Paribas Exane Grows Global Team with Five Senior US Analyst Appointments

Retrieved on: 
Wednesday, February 14, 2024
Banking, Asset Management, Professional Services, Finance, Cortex, Research, Haitong Securities, Wellington Management Company, Research fellow, UBS, University, Hamilton College, Health care, Musical composition, Mathematics, BNP Paribas, Software, MBA, CFA, LATAM, Analyst, JPMorgan Chase, Consumer, Société Générale, Jefferies, Partnership, University of Scranton, Household, London Business School, Accounting, Automation, University of York, Barclays, Institutional Investor, AllianceBernstein, Deutsche Bank, Brooklyn College, Internet of things, TMT, International finance, Canaccord Genuity, Rutgers University, Morgan Stanley, Credit Suisse, Partner (business rank), Drink, Credit, Security (finance)

Sam has been with BNP Paribas Exane for eight years, and previously based in London where he was the Sector Head for Telecom Research.

Key Points: 
  • Sam has been with BNP Paribas Exane for eight years, and previously based in London where he was the Sector Head for Telecom Research.
  • Prior to joining BNP Paribas Exane in 2015, he spent five years at Sanford Bernstein on the European telecom research team.
  • Today’s appointments deliver on this ambition and are also another step in building out our BNP Paribas Exane US Research.
  • In 2021 BNP Paribas acquired 100 percent of Exane following a successful 17-year partnership and in November 2022, BNP Paribas launched BNP Paribas Exane in the US.

BNP Paribas Publishes Results of its 2024 Alternative Investment Survey

Retrieved on: 
Monday, February 12, 2024
Professional Services, Business, Other Professional Services, Finance, Asset Management, Banking, Investment, Growth, TMT, Capital introduction, BNP, Food, Risk, SMA, Quant, Crash, MSCI, CTAS, HF, Capital, Spinal muscular atrophies, BNP Paribas, Environment, Financial services

BNP Paribas, Europe’s leading global bank, and its Prime Services business published today its annual 2024 Alternative Investment Survey.

Key Points: 
  • BNP Paribas, Europe’s leading global bank, and its Prime Services business published today its annual 2024 Alternative Investment Survey.
  • BNP Paribas’ Capital Introduction Group surveyed 238 allocators in December 2023 and January 2024, who invest or advise on $1.2 trillion in hedge fund assets.
  • Ashley Wilson, Global Head of Prime Services at BNP Paribas, said: “BNP Paribas credit prime platform is well positioned to support the continued growth of credit strategies as highlighted in our survey this year.
  • The objective of the report is to better understand sentiment regarding performance and asset allocation plans to hedge funds and other alternative investments.

AI and federal elections top of mind for corporate leaders in 2024

Retrieved on: 
Thursday, February 8, 2024
Organization, AI, Crowe, Uncertainty, History, Artificial intelligence, Volatility, TMT, Management

CHICAGO, Feb. 8, 2024 /PRNewswire/ -- Leaders across industries are investing in artificial intelligence (AI) tools to address a wide range of issues they feel their businesses will need to address in 2024. The findings come from the Crowe Executive Outlook Study, a collaborative report from Crowe LLP and Forbes. The new report, "The Volatility Strategy: How Leaders Are Seizing Opportunities In Both Calm And Turbulent Times," also identifies the 2024 federal elections as an anticipated source of volatility that will impact their industry and business.

Key Points: 
  • The new report, " The Volatility Strategy: How Leaders Are Seizing Opportunities In Both Calm And Turbulent Times ," also identifies the 2024 federal elections as an anticipated source of volatility that will impact their industry and business.
  • The Crowe Executive Outlook Study surveyed 500 industry leaders from companies with $500 million or more in annual revenues.
  • "AI and federal elections, while not unexpected, have emerged as the most significant factors likely to create volatility concerns across all industries for U.S. business leaders in 2024," said Crowe CEO Mark Baer.
  • The upcoming federal elections are creating a high level of uncertainty and volatility for organizations, which could impact the next three years.

ASGN Incorporated Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 7, 2024
Networks, Internet, Data Management, Technology, Software, Growth, Financial services, Table, GAAP, Federation, Strategic planning, Commercial, Acquisition, Health care, TMT, Business

Consolidated revenues for the fourth quarter were $1.1 billion, down 6.6 percent over the fourth quarter of 2022.

Key Points: 
  • Consolidated revenues for the fourth quarter were $1.1 billion, down 6.6 percent over the fourth quarter of 2022.
  • Gross margin for the fourth quarter of 2023 was 28.4 percent, down 120 basis points from the fourth quarter of 2022.
  • Net income was $50.3 million ($1.06 per diluted share), compared with $55.6 million ($1.10 per diluted share) from the fourth quarter of 2022.
  • In the fourth quarter of 2023 the Company repurchased 872,952 shares of its common stock for $75.4 million at an average price of $86.37 per share.

Sonata Software: International Services delivered Industry leading Dollar revenue growth; up 3.5% QoQ (38.3% YoY); Domestic business delivered strong Gross contribution growth of 14.2% QoQ (25.8% YoY) in INR

Retrieved on: 
Thursday, February 1, 2024
Growth, DSO, ICSI, Quarter, BFSI, International, MD, USD, Digital, Workplace, INR, SSNA, Management, Microsoft, TTH, PAT, Quant, Acquisition, Yoy, Health care, TMT, Pension fund

The Company has re-measured the fair value of the contingent consideration payable to be USD 105.42 mn (INR 87,719 Lakhs), thereby an increase of USD 17.12 mn (INR 14,244 Lakhs).

Key Points: 
  • The Company has re-measured the fair value of the contingent consideration payable to be USD 105.42 mn (INR 87,719 Lakhs), thereby an increase of USD 17.12 mn (INR 14,244 Lakhs).
  • Our International services Revenue in USD terms grew 3.5% QoQ and Domestic Gross contribution grew by 14.2% QoQ.
  • Performance Highlights for the quarter:
    Revenues at ₹ 2,493.4 crores; QoQ growth of 30%
    EBITDA at ₹ 227.2 crores; QoQ growth of 3%
    PAT before exceptional item stood at ₹ 128.5 Crores; QoQ growth of 3%.
  • Revenues at ₹ 1,800.3 crores; QoQ growth of 45%
    EBITDA at ₹ 59.2 crores; QoQ growth of 5%
    PAT at ₹ 42.6 crores; QoQ growth of 5%
    DSO at 36 days (Q2'24: 35 days).

Sonata Software: International Services delivered Industry leading Dollar revenue growth; up 3.5% QoQ (38.3% YoY); Domestic business delivered strong Gross contribution growth of 14.2% QoQ (25.8% YoY) in INR

Retrieved on: 
Thursday, February 1, 2024
Growth, DSO, ICSI, Quarter, BFSI, International, MD, USD, Digital, Workplace, INR, SSNA, Management, Microsoft, TTH, PAT, Quant, Acquisition, Yoy, Health care, TMT, Pension fund

The Company has re-measured the fair value of the contingent consideration payable to be USD 105.42 mn (INR 87,719 Lakhs), thereby an increase of USD 17.12 mn (INR 14,244 Lakhs).

Key Points: 
  • The Company has re-measured the fair value of the contingent consideration payable to be USD 105.42 mn (INR 87,719 Lakhs), thereby an increase of USD 17.12 mn (INR 14,244 Lakhs).
  • Our International services Revenue in USD terms grew 3.5% QoQ and Domestic Gross contribution grew by 14.2% QoQ.
  • Performance Highlights for the quarter:
    Revenues at ₹ 2,493.4 crores; QoQ growth of 30%
    EBITDA at ₹ 227.2 crores; QoQ growth of 3%
    PAT before exceptional item stood at ₹ 128.5 Crores; QoQ growth of 3%.
  • Revenues at ₹ 1,800.3 crores; QoQ growth of 45%
    EBITDA at ₹ 59.2 crores; QoQ growth of 5%
    PAT at ₹ 42.6 crores; QoQ growth of 5%
    DSO at 36 days (Q2'24: 35 days).

WTW appoints Jody Yee East Coast Leader for the Technology, Media & Telecommunications (TMT) Industry Division

Retrieved on: 
Monday, January 22, 2024
Yee, Transfer, Allianz, GCA, F1000, Corporation, CRB, TMT, History, Risk, Risk management, Alternative risk transfer, WTW

NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced the appointment of Jody Yee as the leader for the entire eastern US market for the Technology, Media, and Telecommunications (TMT) industry division within the Corporate, Risk, and Broking business in North America (CRB NA) for WTW.

Key Points: 
  • NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced the appointment of Jody Yee as the leader for the entire eastern US market for the Technology, Media, and Telecommunications (TMT) industry division within the Corporate, Risk, and Broking business in North America (CRB NA) for WTW.
  • Yee will also serve as a Global Client Advocate (GCA) leading key relationships in the F1000 space that require specialized industry proficiency and sophisticated risk financing strategy.
  • Yee joins WTW after over 16 years with Allianz where his most recent role was Global Industry Solutions Director for TMT.
  • I am delighted to welcome Jody to the WTW team.” Yee will be based in New York.

Greenberg Traurig's Kemal Hawa to Moderate TMT World Congress Panel

Retrieved on: 
Monday, January 29, 2024
Cloud, Growth, LLP, TMT, Cloud computing, Société Générale, Head, Investment, Telecommunications, Data center, Data infrastructure

WASHINGTON, Jan. 29, 2024 /PRNewswire-PRWeb/ -- Kemal Hawa, co-chair of the Digital Infrastructure, Data Center and Cloud Computing Group of global law firm Greenberg Traurig, LLP, will moderate a panel at TMT World Congress in London Jan. 31.

Key Points: 
  • Kemal Hawa, co-chair of the Digital Infrastructure, Data Center and Cloud Computing Group of global law firm Greenberg Traurig, LLP, will moderate a panel at TMT World Congress in London Jan. 31
    WASHINGTON, Jan. 29, 2024 /PRNewswire-PRWeb/ -- Kemal Hawa , co-chair of the Digital Infrastructure, Data Center and Cloud Computing Group of global law firm Greenberg Traurig, LLP , will moderate a panel at TMT World Congress in London Jan. 31.
  • Hawa, a member of the firm's Washington, D.C., office , will moderate the panel "Financing Digital Infrastructure Leaders - Identifying Opportunities for Growth and Investment."
  • Panelists include Natalia Tsitoura, partner, capital solutions, Apollo; Jonathan Tweed, managing director, head of TMT finance, Societe Generale; and Philippe Vogeleer, global head of business development, Vodafone.
  • Hawa represents many of the world's largest private equity firms, infrastructure funds, real estate investors, and lenders across a broad range of transactions in the digital infrastructure sector domestically and internationally, including mergers and acquisitions (M&A), investments, financing arrangements, joint ventures, and development projects.

PlayOn! Sports Announces James Rosenstock as Chief Financial Officer

Retrieved on: 
Monday, January 29, 2024
Special, Rosenstock, CFO, School, Discovery, Information technology, TMT, Security, Accounting, Sport, EzCater, DTC, B2B, PMO, K-12, SONY, Child, VICE, WWE, Skillshare, PlayOn, Growth, Management

ATLANTA, Jan. 29, 2024 /PRNewswire/ -- PlayOn! Sports, a leading high school media and technology company, today announced the appointment of James "Jay" Rosenstock as Chief Financial Officer (CFO).

Key Points: 
  • Seasoned financial, operational and strategic leader brings deep media and technology expertise to drive future growth and innovation in K-12 space.
  • Sports, a leading high school media and technology company, today announced the appointment of James "Jay" Rosenstock as Chief Financial Officer (CFO).
  • At PlayOn!, Rosenstock will oversee the Accounting, Finance, Tax, M&A, Information Technology and Security and Project Management Office (PMO) departments.
  • Earlier, Rosenstock was instrumental in architecting and operating Discovery's international businesses, where he oversaw Discovery Education International.