Business performance management

NETSCOUT Reports Fourth Quarter and Full Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, May 4, 2023

Total revenue (GAAP and non-GAAP) for the fourth quarter of fiscal year 2023 was $208.1 million, compared with $191.2 million (GAAP and non-GAAP) in the fourth quarter of fiscal year 2022.

Key Points: 
  • Total revenue (GAAP and non-GAAP) for the fourth quarter of fiscal year 2023 was $208.1 million, compared with $191.2 million (GAAP and non-GAAP) in the fourth quarter of fiscal year 2022.
  • NETSCOUT’s income from operations (GAAP) was $1.6 million in the fourth quarter of fiscal year 2023, compared with a loss from operations of $8.3 million in the fourth quarter of fiscal year 2022.
  • NETSCOUT did not repurchase any shares of its common stock through its repurchase program during the fourth quarter of fiscal year 2023.
  • NETSCOUT will host a conference call to discuss its fourth-quarter and full fiscal year 2023 financial results today at 8:30 a.m.

Solver Experiences 81% Growth & Opens New Office in Europe

Retrieved on: 
Tuesday, April 25, 2023

They also announced the opening of Solver Denmark, a new sales and service office in Copenhagen.

Key Points: 
  • They also announced the opening of Solver Denmark, a new sales and service office in Copenhagen.
  • Solver held the grand opening of the Solver Denmark office on April 1, continuing the company's expansion across Europe.
  • "The Denmark office is fully operative and already selling and implementing Solver software," said Morten Tonsberg, CEO at Solver Norway and Chairman of the Board at Solver Denmark.
  • Local Microsoft Dynamics 365 partners are encouraged to learn more about Solver:
    - Browse the Solver Marketplace for on-demand, ready-to-use templates https://www.solverglobal.com/marketplace-templates/

Total Economic Impact Study Finds NETSCOUT nGenius Enterprise Performance Management Delivered 234% Return on Investment

Retrieved on: 
Tuesday, April 25, 2023

(NASDAQ: NTCT), a leading provider of performance management, cybersecurity, and DDoS protection solutions, today revealed the findings of a commissioned Forrester Consulting Total Economic Impact™ study evaluating the cost savings and business benefits of deploying the NETSCOUT nGenius® Enterprise Performance Management solution to monitor real-time application performance and end-user experience.

Key Points: 
  • (NASDAQ: NTCT), a leading provider of performance management, cybersecurity, and DDoS protection solutions, today revealed the findings of a commissioned Forrester Consulting Total Economic Impact™ study evaluating the cost savings and business benefits of deploying the NETSCOUT nGenius® Enterprise Performance Management solution to monitor real-time application performance and end-user experience.
  • Based on a financial assessment and interviews with decision-makers that had implemented the solution, the Forrester study found that over three years, the nGenius Enterprise Performance Management solution provided a composite organization representative of interviewed customers:
    “Organizations rely on mission-critical applications and cannot tolerate costly outages or performance issues,” stated Michael Szabados, Chief Operating Officer at NETSCOUT.
  • “We believe Forrester’s research shows that organizations using nGenius Enterprise Performance Management can achieve high returns on investment by avoiding lengthy downtime and loss of revenue by enabling faster resolution of root causes and more efficient use of internal resources.”
    Following interviews with NETSCOUT customers, the Forrester study also found that NETSCOUT offered several additional benefits, such as reduced performance degradation incidents through proactive monitoring and stellar post-sales support.
  • To review the findings of the study, please visit our website .

Everest Names Mike Mulray President of North America Insurance

Retrieved on: 
Monday, April 17, 2023

Everest Re Group, Ltd. (“Everest”) (NYSE: RE), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced the appointment of Mike Mulray as Executive Vice President and President of North America Insurance, effective immediately.

Key Points: 
  • Everest Re Group, Ltd. (“Everest”) (NYSE: RE), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced the appointment of Mike Mulray as Executive Vice President and President of North America Insurance, effective immediately.
  • Mr. Mulray most recently served as Global Chief Operating Officer for Everest Insurance®, and in his new role, will lead all aspects of North America, the Insurance division’s largest portfolio.
  • He will report to Mike Karmilowicz, President and CEO of Everest Insurance®.
  • “Mike’s appointment as President of North America augments our world-class senior leadership team, bringing a dedicated, regional focus and superior service to our clients throughout the United States, Canada, and Bermuda,” said Mike Karmilowicz, President and CEO of Everest Insurance®.

NEXT CENTURY SPIRITS ANNOUNCES TOM SPISAK AS CHIEF FINANCIAL OFFICER

Retrieved on: 
Monday, April 10, 2023

RALEIGH, N.C., April 10, 2023 /PRNewswire/ -- Today, Next Century Spirits announces the addition of Tom Spisak as Chief Financial Officer. Spisak joins the organization after three years at Reed's Inc. – a craft soda company with over $55 Million in sales. While at Reed's Inc., Spisak served as Chief Financial Officer where he enacted financial disciplines across the firm, established key banking relationships and guided the company during the macro-inflationary environment spawned by COVID-19. From a day-to-day perspective, Tom Spisak will work out of the Next Century Spirits Fairfield, Connecticut office as a cross functional collaborator throughout the entire global organization. Spisak will be responsible for managing the company's cost management efforts, delivering the company's fiscal year financial plan, building its financial team and aiding in Next Century Spirits overall growth and profitability.

Key Points: 
  • Bringing over 30 years of financial experience, Spisak is poised to grow Next Century Spirits presence within the industry
    RALEIGH, N.C., April 10, 2023 /PRNewswire/ -- Today, Next Century Spirits announces the addition of Tom Spisak as Chief Financial Officer.
  • While at Reed's Inc., Spisak served as Chief Financial Officer where he enacted financial disciplines across the firm, established key banking relationships and guided the company during the macro-inflationary environment spawned by COVID-19.
  • From a day-to-day perspective, Tom Spisak will work out of the Next Century Spirits Fairfield, Connecticut office as a cross functional collaborator throughout the entire global organization.
  • Spisak will be responsible for managing the company's cost management efforts, delivering the company's fiscal year financial plan, building its financial team and aiding in Next Century Spirits overall growth and profitability.

HL Mando Awarded "2022 Supplier of the Year" by General Motors Company (GM)

Retrieved on: 
Friday, March 31, 2023

SEOUL, South Korea, March 31, 2023 /PRNewswire/ -- HL Mando, a company specializing in autonomous driving solutions for electric vehicles, was named a "2022 Supplier of the Year (SOY)" by General Motors Company (GM). The company has been given this honor three years in a row, starting with winning the "Launch Excellence Award" in 2020.

Key Points: 
  • SEOUL, South Korea, March 31, 2023 /PRNewswire/ -- HL Mando , a company specializing in autonomous driving solutions for electric vehicles, was named a "2022 Supplier of the Year (SOY)" by General Motors Company (GM).
  • The company has been given this honor three years in a row, starting with winning the "Launch Excellence Award" in 2020.
  • Senior President and CEO Steve (Seong-hyeon) Cho of HL Mando, Vice President Yun Lee (Head of HL Mando Americas Region), Executive Director Jason (Jae-hyuk) Kim (President of HL Mando America Novi), and Director Jeff Pontius (Engineering Director of HL Mando America Brake R&D) were all present at this year's ceremony.
  • HL Mando has won the SOY Award nine times in total since 2003.

HL Mando Awarded "2022 Supplier of the Year" by General Motors Company (GM)

Retrieved on: 
Friday, March 31, 2023

SEOUL, South Korea, March 31, 2023 /PRNewswire/ -- HL Mando, a company specializing in autonomous driving solutions for electric vehicles, was named a "2022 Supplier of the Year (SOY)" by General Motors Company (GM). The company has been given this honor three years in a row, starting with winning the "Launch Excellence Award" in 2020.

Key Points: 
  • SEOUL, South Korea, March 31, 2023 /PRNewswire/ -- HL Mando , a company specializing in autonomous driving solutions for electric vehicles, was named a "2022 Supplier of the Year (SOY)" by General Motors Company (GM).
  • The company has been given this honor three years in a row, starting with winning the "Launch Excellence Award" in 2020.
  • Senior President and CEO Steve (Seong-hyeon) Cho of HL Mando, Vice President Yun Lee (Head of HL Mando Americas Region), Executive Director Jason (Jae-hyuk) Kim (President of HL Mando America Novi), and Director Jeff Pontius (Engineering Director of HL Mando America Brake R&D) were all present at this year's ceremony.
  • HL Mando has won the SOY Award nine times in total since 2003.

Black Diamond Advisory Welcomes Seasoned Executive Michael Heukels as Vice President of Delivery

Retrieved on: 
Thursday, March 30, 2023

WASHINGTON, March 30, 2023 /PRNewswire-PRWeb/ -- Black Diamond Advisory, the leading Global Digital Finance Transformation firm and OneStream Diamond Partner, is pleased to announce the appointment of a new Vice President of Delivery to its Global Advisory team in Washington D.C. as part of its continued expansion efforts.

Key Points: 
  • As Black Diamond Advisory continues to experience rapid growth, the global firm prioritizes customer success through ongoing investment
    WASHINGTON, March 30, 2023 /PRNewswire-PRWeb/ -- Black Diamond Advisory, the leading Global Digital Finance Transformation firm and OneStream Diamond Partner, is pleased to announce the appointment of a new Vice President of Delivery to its Global Advisory team in Washington D.C. as part of its continued expansion efforts.
  • Michael Heukels is a seasoned executive with more than 20 years of finance experience, which includes time at LR Paris where he served as CFO.
  • Michael will be focusing on ensuring that Black Diamond Advisory remains focused on customer success while continuing its rapid growth.
  • Black Diamond Advisory is expanding its Global Advisory services in response to client demands, aligning with its mission to transform companies and create an industry powerhouse of top talent in OneStream technology.

edgeTI Adds Generative AI to its Growing List of AI-Powered Solutions

Retrieved on: 
Tuesday, March 21, 2023

The first among many generative pre-trained transformers (GPT) to be integrated with edgeCore, this integration embeds the capabilities of ChatGPT into existing applications to drive rapid knowledge acquisition and implement working solutions without having to modify the existing applications.

Key Points: 
  • The first among many generative pre-trained transformers (GPT) to be integrated with edgeCore, this integration embeds the capabilities of ChatGPT into existing applications to drive rapid knowledge acquisition and implement working solutions without having to modify the existing applications.
  • “Typically, it takes a great deal of time for capabilities such as these to be implemented across large enterprise applications.
  • In developing an approach to applying GPT technology, edgeTI employees conducted multiple experiments that evaluated the limits and operational dynamics of the generative AI.
  • Yet, by leveraging edgeCore’s secure integration capabilities, ChatGPT can access secure data repositories as well as public sources.

Black Diamond Advisory Continues Expansion of Global OneStream Talent into APAC

Retrieved on: 
Monday, March 20, 2023

CARY, N.C., March 20, 2023 /PRNewswire-PRWeb/ -- Today, Black Diamond Advisory announced its expansion into APAC. Black Diamond was built to transform the office of finance by creating an industry powerhouse of top talent from the most respected leaders in OneStream technology together with consulting leaders in digital finance transformation.

Key Points: 
  • CARY, N.C., March 20, 2023 /PRNewswire-PRWeb/ -- Today, Black Diamond Advisory announced its expansion into APAC.
  • Black Diamond was built to transform the office of finance by creating an industry powerhouse of top talent from the most respected leaders in OneStream technology together with consulting leaders in digital finance transformation.
  • Leading the launch and overseeing operations in APAC is Jason Capouch who joins the Black Diamond team as Managing Director, APAC.
  • "We are thrilled that Black Diamond Advisory is expanding their practice into APAC.