RAC

Apica Acquires Telemetry Data Management Pioneer Circonus and Lands New Funding

Retrieved on: 
Wednesday, February 21, 2024

STOCKHOLM, Sweden and EL SEGUNDO, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Apica , the leader in data management and active observability, today announced it has acquired telemetry data company Circonus.

Key Points: 
  • STOCKHOLM, Sweden and EL SEGUNDO, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Apica , the leader in data management and active observability, today announced it has acquired telemetry data company Circonus.
  • With this latest acquisition and new financing, Apica will continue providing a modern approach to observability data management for enterprise organizations.
  • With Circonus, Apica will proceed with helping customers realize the full potential of their data to drive better business decisions.
  • Today’s news continues the streak of Apica’s data management innovation following last year’s acquisition of data fabric and telemetry pipeline company LOGIQ.AI.

Oracle Helps Organizations Achieve the Highest Levels of Scalability and Availability, and Address Data Sovereignty Requirements

Retrieved on: 
Monday, March 4, 2024

AUSTIN, Texas, March 4, 2024 /PRNewswire/ -- Oracle today announced the general availability of Oracle Globally Distributed Autonomous Database. Built on Oracle's proven sharding technology, Globally Distributed Autonomous Database delivers the benefits of Oracle Autonomous Database while also giving customers control over data distribution and data placement policies. This enables organizations to automatically distribute and store data across the globe in many physical locations transparently to applications. With this approach, customers can obtain the highest possible levels of scalability and availability, address data sovereignty requirements, and benefit from autonomous operations, significantly reducing costs.

Key Points: 
  • Built on Oracle's proven sharding technology, Globally Distributed Autonomous Database delivers the benefits of Oracle Autonomous Database while also giving customers control over data distribution and data placement policies.
  • This enables organizations to automatically distribute and store data across the globe in many physical locations transparently to applications.
  • With this approach, customers can obtain the highest possible levels of scalability and availability, address data sovereignty requirements, and benefit from autonomous operations, significantly reducing costs.
  • "Organizations with global operations have specific application demands around data sovereignty, scale, and availability that can vary between continents and countries.

Practical Two Day FDA Inspection Online Seminar - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 13, 2024

This is a practical, hands-on two-day seminar designed to provide pharmaceutical, biopharmaceutical, biologics and medical device professionals with the information and tools they require to prepare for and manage an FDA inspection efficiently, effectively, and successfully.

Key Points: 
  • This is a practical, hands-on two-day seminar designed to provide pharmaceutical, biopharmaceutical, biologics and medical device professionals with the information and tools they require to prepare for and manage an FDA inspection efficiently, effectively, and successfully.
  • Many regulated companies preparing for FDA inspections are not prepared and the outcome can be negative as we see all the time with enforcement actions.
  • The course will go through what typically goes on during an FDA Inspection and will then cover how to prepare for, host and follow up to a regulatory inspection.
  • It will explain how to prepare for an inspection, how to handle a scheduled or non-scheduled inspection, what to expect during an inspection, and what follow-up to expect after an inspection.

Riverside Acceleration Capital (RAC) Closes RAC Opportunity Fund II, L.P. at $235 Million

Retrieved on: 
Wednesday, February 7, 2024

NEW YORK, Feb. 07, 2024 (GLOBE NEWSWIRE) -- The Riverside Company (Riverside), a global private investment firm that has been seeking to fuel transformative growth for business owners and portfolio companies since 1988, has held a successful final closing of its Riverside Acceleration Capital Opportunity Fund II, L.P. (RAC Opportunity Fund II), raising $235 million in capital commitments.

Key Points: 
  • NEW YORK, Feb. 07, 2024 (GLOBE NEWSWIRE) -- The Riverside Company (Riverside), a global private investment firm that has been seeking to fuel transformative growth for business owners and portfolio companies since 1988, has held a successful final closing of its Riverside Acceleration Capital Opportunity Fund II, L.P. (RAC Opportunity Fund II), raising $235 million in capital commitments.
  • With the closing of this fund, RAC has increased its growth equity investment capacity by more than four times.
  • "We're incredibly excited to announce the closing of RAC Opportunity Fund II, and grateful for the support of our investors," said RAC Managing Partner Jim Toth.
  • Riverside Acceleration Capital (RAC) provides flexible growth capital and operating resources to help acceleration-stage software companies maximize their potential.

COGNIZANT REPORTS FOURTH QUARTER AND FULL-YEAR 2023 RESULTS

Retrieved on: 
Tuesday, February 6, 2024

Bookings in the fourth quarter declined 6% year-over-year.

Key Points: 
  • Bookings in the fourth quarter declined 6% year-over-year.
  • Total headcount at the end of the fourth quarter was 347,700, an increase of 1,100 from Q3 2023 and a decrease of 7,600 from Q4 2022.
  • Voluntary attrition - Tech Services for the year ended December 31, 2023 was 13.8% as compared to 25.6% for the year ended December 31, 2022.
  • The Company repurchased 4.2 million shares for $298 million during the fourth quarter under its share repurchase program.

ATRI ISSUES CALL FOR MOTOR CARRIERS AND OWNER-OPERATORS TO PARTICIPATE IN DETENTION SURVEY

Retrieved on: 
Monday, January 22, 2024

Driver detention – time spent waiting at shipper or receiver facilities outside of loading/unloading – is a longstanding issue in the trucking industry.

Key Points: 
  • Driver detention – time spent waiting at shipper or receiver facilities outside of loading/unloading – is a longstanding issue in the trucking industry.
  • Accordingly, ATRI's Research Advisory Committee (RAC) identified the need for new research to document the widespread negative consequences of driver detention for carriers, truck drivers, shippers, and the economy as a whole.
  • The short survey asks motor carriers and owner-operators to share details on their experience with driver detention and how it relates to their operations, as well as their strategies for mitigating detention.
  • "Driver detention is everyone's problem, and it isn't going away," said Stephen A. Truono, NFI Industries EVP & Chief Risk Officer.

Kymanox Unveils Product Design, Development, and Commercialization Group Under Leadership of Chief Technology Officer

Retrieved on: 
Thursday, January 4, 2024

Newly appointed Chief Technology Officer, Nicholas (Nick) Ciccarelli, PE, who will lead the new group, emphasized the importance of optimal transitions between groups for faster speed to market.

Key Points: 
  • Newly appointed Chief Technology Officer, Nicholas (Nick) Ciccarelli, PE, who will lead the new group, emphasized the importance of optimal transitions between groups for faster speed to market.
  • Ciccarelli stated, "Our approach prioritizes the flow of information and ideas between teams, promoting efficiency at every stage.
  • By doing so, we're confident in our ability to accelerate product development timelines and get innovative solutions to market faster."
  • The newly formed Product Design, Development, and Commercialization group is structured to enhance collaboration and to leverage expertise and knowledge across the entirety of Kymanox’s 300 global employees.

Riyadh Airports Company selects Cognizant to help enhance its digital transformation

Retrieved on: 
Wednesday, December 27, 2023

TEANECK, N.J., Dec. 27, 2023 /PRNewswire/ -- Riyadh Airports Company (RAC) has appointed Cognizant to enhance the capabilities of RAC's Enterprise Resource Planning (ERP) and business processes automation capabilities.

Key Points: 
  • TEANECK, N.J., Dec. 27, 2023 /PRNewswire/ -- Riyadh Airports Company (RAC) has appointed Cognizant to enhance the capabilities of RAC's Enterprise Resource Planning (ERP) and business processes automation capabilities.
  • The collaboration aims to revolutionize digital capabilities in the domains of finance, human resources, procurement, and planning, ultimately enhancing the traveler experience.
  • As RAC plays such an important role in shaping Saudi Arabia's global image and is a key player in the country's plans for the Saudi Vision 2030 , Cognizant will help to improve RAC's digital transformation by implementing cutting-edge automation and enterprise applications.
  • In the initial phase, Cognizant will leverage the SAP Appian framework to establish a robust process automation for airport operations.

2 Day Virtual Training Course on Medical Devices: Developing Effective Post Market Surveillance and Complaint Handling Systems

Retrieved on: 
Tuesday, December 19, 2023

DUBLIN, Dec. 19, 2023 /PRNewswire/ -- The "Medical Devices: Developing Effective Post Market Surveillance and Complaint Handling Systems" course has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 19, 2023 /PRNewswire/ -- The "Medical Devices: Developing Effective Post Market Surveillance and Complaint Handling Systems" course has been added to ResearchAndMarkets.com's offering.
  • This formal postmarket surveillance is the active, systematic, scientifically valid collection, analysis, and interpretation of data or other information about a marketed device.
  • A more generalized "post market surveillance"/complaint handling is also a requirement under the device CGMPs, 21 CFR 820, -.100 - CAPA, and -.198 - Complaints.
  • "Postmarket Surveillance under Section 522 of the Federal Food, Drug, and Cosmetic Act", Guidance, dated October 2022
    21 CFR 822 - Implementing Sec.

Rumble Reports Third Quarter 2023 Results

Retrieved on: 
Monday, November 13, 2023

LONGBOAT KEY, Fla., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Rumble Inc. (Nasdaq: RUM) ("Rumble" or the "company"), the video sharing platform and cloud services provider, today announced financial results for the fiscal quarter ended September 30, 2023.

Key Points: 
  • For the third quarter of 2023, revenue was $18.0 million, compared to $11.0 million in the third quarter of 2022, an increase of 64%.
  • General and administrative expense was $9.7 million for the quarter, compared to $2.9 million in the third quarter of 2022.
  • Research and development expense was $5.1 million for the quarter, compared to $1.7 million in the third quarter of 2022.
  • Rumble will host a conference call at 5:00 p.m. Eastern Time today, Monday, November 13, 2023, to discuss its quarterly results.