APM | Jotup

EQS-News: Multitude SE preliminary unaudited 2023 results with strong revenue growth and earnings jump in 2023 in line with guidance

Retrieved on:

Wednesday, April 10, 2024

Annual, EUR, Tax, Growth, Fintech, Asset, Wholesale banking, AI, Bank statement, Big data, Capital market, APM, SME, Machine learning

Strong key financial metrics reflected the Group’s resilience and effectiveness in navigating economic conditions and capitalising on market opportunities.

Key Points:

Strong key financial metrics reflected the Group’s resilience and effectiveness in navigating economic conditions and capitalising on market opportunities.
Revenue increased by 8.5% (EUR 18.0 million) from EUR 212.5 million in 2022 to EUR 230.5 million in 2023.
Net interest income increased by 4.9% (EUR 9.8 million) from EUR 198.4 million in 2022 to EUR 208.2 million in 2023.
Multitude's EBIT from continuing operations reached EUR 45.6 million in 2023 compared to EUR 31.5 million in 2022.

Enterprise Management Associates Calls for a New Era of Digital Observability: The Imperative for Comprehensive Internet Performance Monitoring

Retrieved on:

Tuesday, April 9, 2024

Titled " Modern Enterprises Must Boost Observability with Internet Performance Monitoring ," the report highlights an urgent call to action for businesses: to adopt a comprehensive Internet Performance Monitoring (IPM) strategy.

Key Points:

Titled " Modern Enterprises Must Boost Observability with Internet Performance Monitoring ," the report highlights an urgent call to action for businesses: to adopt a comprehensive Internet Performance Monitoring (IPM) strategy.
EMA’s analysis presents a stark reality for modern business: the digital landscape has morphed into an extremely complex environment.
These and other factors all highlight the necessity for robust Internet connectivity and a more comprehensive approach to observability.
The importance of adopting a platform approach to Internet Performance Monitoring, enabling IT teams to consolidate observability tools and streamline workflows.

eG Innovations Wins Prestigious APM Customer Experience Award and Earns the Title of SoftwareReviews Champion for the Second Consecutive Year

Retrieved on:

Tuesday, April 9, 2024

Innovation, Conflict resolution, Performance management, Procurement, APM, Digital transformation, Negotiation, Online shopping

ISELIN, N.J., April 9, 2024 /PRNewswire-PRWeb/ -- eG Innovations, a leading provider of observability solutions for modern IT, has been named a champion vendor in the application performance management category for customer experience in 2024.

Key Points:

SoftwareReviews, which provides the most in-depth source of buyer data and insights for the enterprise software market, has recently published its annual awards for customer experience ranking eG Enterprise APM as a champion out of 14 vendor products.
Read the Buyer's Experience Report and unlock insights into eG Enterprise's award-winning customer service across 5 categories: Strategy and Innovation, Service Experience, Product Experience, Negotiation and Contract Experience, and Conflict Resolution.
Speaking about the award, Bala Vaidhinathan, CTO of eG Innovations said, "We are delighted to have been recognized again by SoftwareReviews as an organization that consistently delivers excellent customer experience.
To explore eG Innovations' observability capabilities for application performance management, visit https://www.eginnovations.com/product and eG Innovations SoftwareReviews profile at: https://www.softwarereviews.com/products/eg-enterprise
To learn more about SoftwareReviews and software provider review surveys, visit SoftwareReviews.com .

Recurly Data Signals Sustained Growth in Digital Media Subscriptions Since 2020

Retrieved on:

Tuesday, April 2, 2024

After streaming media subscriptions skyrocketed in 2020 as consumer behavior shifted dramatically during a global pandemic, the industry is normalizing with sustained and steady growth, according to new benchmarking data from Recurly .

Key Points:

After streaming media subscriptions skyrocketed in 2020 as consumer behavior shifted dramatically during a global pandemic, the industry is normalizing with sustained and steady growth, according to new benchmarking data from Recurly .
The median acquisition rate for digital media and entertainment subscriptions declined since 2020 as growth stabilized–with digital media and entertainment’s median acquisition rate at 5.8%—however, the overall number of subscribers continued to grow significantly.
Digital publishing subscriptions’ 536% growth brings hope for the media industry, demonstrating the success of sophisticated subscription models that prioritize subscriber experience and value for the digital news consumer.
For additional benchmarking data, predictions and best practices within digital media, entertainment and publishing, view the Recurly State of Subscriptions: Media and Entertainment report.

The Chemours Company Reports Fourth Quarter and Full Year 2023 Results

Retrieved on:

Wednesday, March 27, 2024

APM segment fourth quarter 2023 Net Sales were $325 million, down 15% compared to the fourth quarter 2022.

Key Points:

APM segment fourth quarter 2023 Net Sales were $325 million, down 15% compared to the fourth quarter 2022.
Performance Solutions portfolio’s fourth quarter 2023 Net Sales were $134 million, up 11% vs. the prior-year quarter.
Advanced Materials portfolio’s fourth quarter 2023 Net Sales were $191 million, down 27% vs. the prior-year quarter.
For the first quarter 2024, we expect consolidated Net Sales to be flat to slightly down sequentially, with consolidated Adjusted EBITDA down approximately 10% compared with fourth quarter 2023 results.

New Relic Named a Cloud Observability Leader by GigaOm

Retrieved on:

Wednesday, March 27, 2024

New Relic , the all-in-one observability platform for every engineer, announced it has been named a Leader for the third year in a row and an Outperfomer in the 2024 GigaOm Radar for Cloud Observability.

Key Points:

New Relic , the all-in-one observability platform for every engineer, announced it has been named a Leader for the third year in a row and an Outperfomer in the 2024 GigaOm Radar for Cloud Observability.
New Relic is the only Leader that is also named an Outperformer.
Customer success: Observability Maturity Architecture helps customers achieve business objectives with a value-driven framework rooted in deep observability expertise.
For more information on New Relic’s standing in the 2024 GigaOm Radar for Cloud Observability, read the blog post .

Chemours Announces Appointment of Denise Dignam as President and Chief Executive Officer of the Company

Retrieved on:

Friday, March 22, 2024

Ms. Dignam joined Chemours in 2015. She brings over 35 years of experience in the chemical industry where she has held senior roles in business and operations, sales and marketing, commercialization, and supply chain. She had served as Interim Chief Executive Officer since February 2024, and prior to that held the positions of President, Titanium Technologies (TT) segment, and President, Advanced Performance Materials (APM) segment---two businesses that represent over 68% of Chemours’ net sales in 2023. As President of Titanium Technologies, Ms. Dignam stood up the TT Transformation Plan, delivered significant operational savings in 2023, refocused the portfolio to deliver more customer value, and developed process improvements for better resource utilization across the manufacturing circuit. During her tenure on Advanced Performance Materials, she reshaped the portfolio to focus resources on secular growth opportunities in Clean Energy and Advanced Electronics. To further accelerate growth, she drove strategic partnerships and initiatives across the globe, and improved the overall cost structure of the business, laying the foundation for further cost optimization.

Key Points:

The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the appointment of Denise Dignam, current Interim Chief Executive Officer, to the positions of President and Chief Executive Officer and a member of the Board of Directors, effective immediately.
She had served as Interim Chief Executive Officer since February 2024, and prior to that held the positions of President, Titanium Technologies (TT) segment, and President, Advanced Performance Materials (APM) segment---two businesses that represent over 68% of Chemours’ net sales in 2023.
Commenting on her appointment, Ms. Dignam said, “I am excited and honored to take on the role of President and CEO.
She received her Master of Business Administration from Widener University and her Bachelor of Science in Mechanical Engineering from Villanova University.

Edifecs to Speak at RISE National 2024

Retrieved on:

Friday, March 15, 2024

Edifecs, Inc. , a global health information technology solutions company, is moderating a panel discussion at the RISE National 2024 conference, March 17-19, 2024, in Nashville, Tennessee.

Key Points:

Edifecs, Inc. , a global health information technology solutions company, is moderating a panel discussion at the RISE National 2024 conference, March 17-19, 2024, in Nashville, Tennessee.
At the same time, the government is actively investigating upcoding and overpayments, as well as addressing allegations of fraud.
To traverse this tightrope, both health plans and providers need the right technological capabilities to realize improvements in care, quality, and cost.
During the event, Edifecs will showcase solutions that allow plans and providers alike to accelerate value-based payment adoption, more accurately manage population risk, and ensure adequate care funding.

Hexagon acquires Itus Digital to expand Asset Performance Management capabilities

Retrieved on:

Thursday, April 4, 2024

Hexagon AB, EAM, APM, Software as a service, Acquisition, Software, Asset management

STOCKHOLM, Sweden, April 4, 2024 /PRNewswire/ -- Hexagon, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the acquisition of Itus Digital , a Roanoke, Virginia-based provider of asset performance management (APM) software.

Key Points:

STOCKHOLM, Sweden, April 4, 2024 /PRNewswire/ -- Hexagon, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the acquisition of Itus Digital , a Roanoke, Virginia-based provider of asset performance management (APM) software.
Asset performance management is an approach to industrial operations that focuses on optimising reliability, improving uptime, and reducing cost.
Itus Digital provides SaaS-based innovative solutions that help optimise the performance of industrial assets.
"We are excited to welcome Itus Digital to Hexagon," said Paolo Guglielmini, President and CEO, Hexagon.

Observe Announces $115 Million In Series B Financing

Retrieved on:

Wednesday, March 27, 2024

Organization, Software as a service, Growth, ARR, Walking, Environment, Capital One, TCV, Venture round, Telemetry, Architecture, APM, OPAL, Series, NRR, Sutter Hill Ventures, Snowflake

SAN MATEO, Calif., March 27, 2024 /PRNewswire/ -- Observe, Inc. the SaaS observability company reinventing the way machine-generated data is stored, managed and analyzed, today announced the Company has closed a Series B funding round of $115 million led by Sutter Hill Ventures with participation from existing investors Capital One Ventures and Madrona and new investor Snowflake Ventures.

Key Points:

The Series B funding, raised at a valuation 10x higher than the company's Series A round four years ago, promises to further accelerate Observe's growth.
Observe's headcount increased more than 50% and the company is scaling its sales organization as many tech companies pull back.
"Legacy monitoring and APM players, shackled by outdated architectures, are dead companies walking," said Jeremy Burton, CEO at Observe.
"We believe Observe is the future of Observability and we're incredibly excited to lead the Series B round," said Mike Speiser, Managing Director at Sutter Hill Ventures.