BPS

Business Park Sofia Celebrates Wave of New and Renewed Leases

Retrieved on: 
Monday, April 1, 2024

Business Park Sofia (BPS/the Park) proudly announces a series of significant new and renewed leases over the past twelve months, solidifying its position as a premier destination in Central & Eastern Europe.

Key Points: 
  • Business Park Sofia (BPS/the Park) proudly announces a series of significant new and renewed leases over the past twelve months, solidifying its position as a premier destination in Central & Eastern Europe.
  • Several prominent companies, among which KPMG IT Service, DIGITALL Bulgaria, Telelink, Bang&Olufsen, Gorenje, Carlsberg, and SEGA Black Sea, have opted to establish or expand their operations in Sofia, Bulgaria by choosing Business Park Sofia.
  • This year, Business Park Sofia proudly unveils ParkShared, its own-operated co-working space located in the heart of the Park, offering an fascinating location with lake views.
  • Business Park Sofia is the home to approximately seventy five percent of all Fortune 500 and multinational tenants doing business in the CEE region.

Avangrid Submits Multiple Proposals for Transformative New England Wind Projects to Regional Offshore Wind Solicitation

Retrieved on: 
Wednesday, March 27, 2024

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today submitted multiple proposals for mature, transformative New England Wind projects to the Massachusetts-Connecticut-Rhode Island multi-state solicitation for offshore wind power.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today submitted multiple proposals for mature, transformative New England Wind projects to the Massachusetts-Connecticut-Rhode Island multi-state solicitation for offshore wind power.
  • Avangrid submitted a bid for New England Wind 1, a second bid for New England Wind 1 and 2 combined, and additional bids for single-state procurements in Massachusetts, Connecticut, and Rhode Island.
  • “In powering up the first-in-the-nation Vineyard Wind 1 project, Avangrid proved that American offshore wind is possible.
  • New England Wind 1 will create more than 4,400 full-time equivalent jobs, and bring $3 billion of direct investment to the region.

ClearGen and Kelvin Announce Exclusive Partnership; ClearGen to Finance up to $100M in Energy Efficiency Projects

Retrieved on: 
Thursday, March 14, 2024

It optimizes heat distribution to eliminate overheating in legacy buildings and provides apartment-level and building-wide controls.

Key Points: 
  • It optimizes heat distribution to eliminate overheating in legacy buildings and provides apartment-level and building-wide controls.
  • The Cozy improves comfort for residents, reduces carbon emissions, and creates notable financial savings for building owners and operators.
  • Through this partnership, ClearGen and Kelvin overcome the financial challenges facing buildings by offering a fully financed solution, benefitting both building owners and residents.
  • "As a financial partner, ClearGen simplified the structuring and financing process that turned Kelvin’s energy efficiency solutions into an actionable plan," explains Rob Howard, ClearGen CEO.

DXC Technology Recognized as a Leader for Property and Casualty Insurance Operational Transformation by NelsonHall

Retrieved on: 
Monday, March 25, 2024

"DXC Technology was identified as an overall leader in P&C operational transformation due to its comprehensive range of offerings, forward-thinking transformation strategies and flexible approach," said Bilal Chaudhry, Principal Analyst, NelsonHall.

Key Points: 
  • "DXC Technology was identified as an overall leader in P&C operational transformation due to its comprehensive range of offerings, forward-thinking transformation strategies and flexible approach," said Bilal Chaudhry, Principal Analyst, NelsonHall.
  • "DXC develops customer-centric solutions, modernizing core IT platforms and responding to future change via their customer innovation community."
  • "As a leader in all five of NelsonHall's categories for P&C insurance operational transformation, we are honored to deliver software and services for a large and growing global insurance customer base," said Ray August, General Manager, Insurance Software & BPS, DXC Technology.
  • "We meet customers wherever they are on their transformation journeys to protect, extend and transform their core insurance technology, helping them achieve their growth ambitions."

Branford Public Schools Award $60M Transportation Contract to Zum: Transitioning to fully electric school buses within 5 years

Retrieved on: 
Monday, March 25, 2024

REDWOOD CITY, Calif., March 25, 2024 /PRNewswire/ -- Branford Public Schools (BPS) has awarded a $60 million, 10-year transportation contract to Zūm to deliver efficient and modern transportation to families.

Key Points: 
  • REDWOOD CITY, Calif., March 25, 2024 /PRNewswire/ -- Branford Public Schools (BPS) has awarded a $60 million, 10-year transportation contract to Zūm to deliver efficient and modern transportation to families.
  • Additionally, within five years, Zum will transition Branford to a 100% electric school bus fleet, the first in Connecticut.
  • "We look forward to working with them starting in the 2024-25 school year and improving the lives of children, families, drivers and school administrators."
  • Branford Public Schools marks the first school district in Connecticut to partner with Zum, which already manages and operates student transportation in Massachusetts, Maryland, California, Washington, Texas, Illinois, and Tennessee.

DocVu.AI Clinches HW 2024 Tech 100 Mortgage Award and Achieves 'Product Challenger' Position in ISG Provider Lens™ Study

Retrieved on: 
Tuesday, March 12, 2024

DocVu.AI is the proud winner of the HW 2024 Tech 100 Mortgage Award and is being recognized as a 'Product Challenger' in the ISG Provider Lens™ Study.

Key Points: 
  • DocVu.AI is the proud winner of the HW 2024 Tech 100 Mortgage Award and is being recognized as a 'Product Challenger' in the ISG Provider Lens™ Study.
  • DocVu.AI's cutting-edge IDP platform stood out for its ability to revolutionize document management processes, providing unparalleled efficiency and accuracy in mortgage processing workflows.
  • Additionally, DocVu.AI was acknowledged in the 'Product Challenger' quadrant for Intelligent Document Processing in the ISG Provider Lens™ study on Intelligent Automation – Platforms and Products 2023.
  • ISG Provider Lens™ study is a prestigious recognition highlighting the company's commitment to innovation and excellence in the IDP space.

Deloitte Launches InvestAcceleration, an Industry Accelerator for Investment Management from Workday

Retrieved on: 
Tuesday, March 5, 2024

NEW YORK, March 5, 2024 /PRNewswire/ -- Deloitte today announced the launch of InvestAcceleration, a new suite of solutions designed specifically for the investment management industry and is an industry-specific approach to implement Workday Financial Management. 

Key Points: 
  • Pre-configured Deloitte solution for Workday Financial Management helps investment management organizations standardize data, streamline financial processes, and accelerate digital transformation
    NEW YORK, March 5, 2024 /PRNewswire/ -- Deloitte today announced the launch of InvestAcceleration, a new suite of solutions designed specifically for the investment management industry and is an industry-specific approach to implement Workday Financial Management .
  • InvestAcceleration, helps investment management firms address risks and challenges, including lack of agility, complex workflows and disparate data models.
  • InvestAcceleration joins InsureAcceleration as the latest in Deloitte's collection of Industry Accelerators from Workday designed specifically for the financial services industry.
  • "Workday Industry Accelerators help solve the most critical challenges for finance professionals, at speed," said Sophie Sharp, senior vice president, Global Industries and Value Management, Workday.

Conduent Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 14, 2024

FLORHAM PARK, N.J., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Conduent (NASDAQ: CNDT), a global technology-led business process solutions company, today announced its fourth quarter and full year 2023 financial results.

Key Points: 
  • Full year 2023 pre-tax income (loss) was $(332)M versus $(127)M in the prior year.
  • Full year 2023 Adjusted EBITDA of $378M and Adjusted EBITDA Margin of 10.2% exceeded expectations.
  • Revenue and Adjusted Revenue for the full year 2023 also exceeded expectations, however, lower than the prior year.
  • In the fourth quarter, we repurchased approximately 6.6 million shares of common stock in connection with our ongoing share repurchase program, totaling approximately 8.8 million shares repurchased for the full year 2023.

Baxter Reports Fourth-Quarter and Full-Year 2023 Results

Retrieved on: 
Thursday, February 8, 2024

Baxter International Inc. (NYSE:BAX), a global medtech leader, today reported results for the fourth quarter and full year ended Dec. 31, 2023, and provided its financial guidance for full-year and first-quarter 2024.

Key Points: 
  • Baxter International Inc. (NYSE:BAX), a global medtech leader, today reported results for the fourth quarter and full year ended Dec. 31, 2023, and provided its financial guidance for full-year and first-quarter 2024.
  • For full-year 2023, net income attributable to Baxter on a U.S. GAAP basis totaled $2.66 billion, or $5.25 per diluted share.
  • In 2023, the company was named to the Dow Jones Sustainability Index (DJSI) North America, which has included Baxter each year since it launched in 2005.
  • For full-year 2024: Baxter expects sales growth of approximately 2% on both a reported and constant currency basis.

Indonesia Compact Construction Equipment Market Assessment & Forecast Report 2023-2029 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 7, 2024

The "Indonesia Compact Construction Equipment Market - Strategic Assessment & Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Indonesia Compact Construction Equipment Market - Strategic Assessment & Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.
  • The compact excavator accounted for the largest market share of the Indonesia compact construction equipment market in 2022.
  • The increasing government focus on carbon emission reduction in 2021 further supported the demand for electric construction equipment in the Indonesia compact construction equipment market.
  • In 2021, Volvo Construction Equipment launched EC55D compact excavators in the Indonesia compact construction equipment industry for innovative city projects.