Storage service provider

HYCU® R-Cloud Data Protection as a Service Adds 50th As A Service Integration to HYCU Marketplace

Retrieved on: 
Thursday, November 16, 2023

Boston, Massachusetts, Nov. 16, 2023 (GLOBE NEWSWIRE) -- HYCU, Inc ., the fastest growing data protection as a service company, today announced it has added its 50th as a service integration for customers needing to protect and recover data for IaaS, DBaaS, PaaS and SaaS application workloads to HYCU Marketplace.

Key Points: 
  • Boston, Massachusetts, Nov. 16, 2023 (GLOBE NEWSWIRE) -- HYCU, Inc ., the fastest growing data protection as a service company, today announced it has added its 50th as a service integration for customers needing to protect and recover data for IaaS, DBaaS, PaaS and SaaS application workloads to HYCU Marketplace.
  • HYCU R-Cloud starts with the premise that the key component of a successful data protection strategy is to have a complete view of the data estate.
  • Since the introduction of HYCU R-Cloud in early 2023, there have been several significant milestones including today’s announcement of the 50th as a Service integration available directly from HYCU Marketplace.
  • Further, HYCU both centralizes and simplifies SaaS data protection for organizations using a cloud-based as a service approach.

BioLife Solutions Reports Second Quarter 2023 Financial Results, Updates Full Year 2023 Guidance and Provides Pro Forma First Half 2023 Financial Profile Excluding Freezer Business

Retrieved on: 
Tuesday, August 8, 2023

BOTHELL, Wash., Aug. 8, 2023 /PRNewswire/ -- BioLife Solutions, Inc. (Nasdaq: BLFS) ("BioLife" or the "Company"), a leading supplier of class-defining bioproduction tools and services for the cell and gene therapy (CGT) and broader biopharma markets, today announced financial results for the second quarter and six months of 2023 and updated guidance for the full year 2023. Management is also providing a first half 2023 financial profile of certain pro forma financial metrics excluding Stirling Ultracold (Stirling) and Custom Biogenic Systems (CBS) freezer assets, both of which management intends to divest by December 31, 2023.

Key Points: 
  • Gross margin (GAAP) for the second quarter of 2023 was 28% compared with 33% for the second quarter of 2022.
  • Operating expense (GAAP) for the second quarter of 2023 was $54.8 million compared with $117.1 million for the second quarter of 2022.
  • Adjusted operating expense (non-GAAP) for the second quarter of 2023 was $22.2 million compared with $20.3 million for the second quarter 2022.
  • Operating loss (GAAP) for the second quarter of 2023 was $15.3 million compared with $76.6 million for the second quarter of 2022.

BioLife Solutions Reports First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 10, 2023

BOTHELL, Wash., May 10, 2023 /PRNewswire/ -- BioLife Solutions, Inc. (Nasdaq: BLFS) ("BioLife" or the "Company"), a leading developer and supplier of class-defining bioproduction products and services for the cell and gene therapy (CGT) and the broader biopharma markets, today announced financial results for the three months ended March 31, 2023.

Key Points: 
  • BioLife Solutions is presenting various financial metrics under U.S. Generally Accepted Accounting Principles (GAAP) and as adjusted (non-GAAP).
  • Gross margin (GAAP) for the first quarter of 2023 was 35% compared with 28% for the first quarter of 2022.
  • Operating expense (GAAP) for the first quarter of 2023 was $51.3 million compared with $44.2 million for the first quarter of 2022.
  • Adjusted operating expense (non-GAAP) for the first quarter of 2023 was $25.5 million compared with $20.1 million for the first quarter 2022.

Holcim US and TotalEnergies Partner to Drive Clean Energy Services at Colorado Cement Plant

Retrieved on: 
Tuesday, March 21, 2023

CHICAGO and HOUSTON, March 21, 2023 /PRNewswire/ -- Holcim US and TotalEnergies today announced their partnership to bring large-scale solar power and battery energy storage to Holcim's Portland cement plant in Florence, Colorado. In line with Holcim's pledge to power all of its US operations with 100 percent renewable energy by 2050, TotalEnergies will install, maintain and operate a 33 megawatt (MW) dc ground-mounted solar array and 38.5 MWh battery energy storage system at the factory.

Key Points: 
  • CHICAGO and HOUSTON, March 21, 2023 /PRNewswire/ -- Holcim US and TotalEnergies today announced their partnership to bring large-scale solar power and battery energy storage to Holcim's Portland cement plant in Florence, Colorado.
  • "This initiative with TotalEnergies demonstrates an ongoing determination to transform our operations and lower our carbon footprint.
  • It's a milestone investment that will decrease our reliance on other sources of energy and shrink our utility costs through a powerful combination of clean energy and efficient operations."
  • Holcim will receive roughly 71,000 MWh of clean power from the project per year under a Power Purchase and Storage Services Agreement ("PPSSA") with a minimum term of 15 years.

Bare Metal Cloud Market to Reach $56.6 billion, Globally, by 2031 at 26.1% CAGR: Allied Market Research

Retrieved on: 
Monday, March 20, 2023

PORTLAND, Ore., March 20, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Bare Metal Cloud Market by Service Type (Networking Services, Compute Services, Database Services, Security Services, Storage Services), by Enterprise Size (Large Enterprises, Small and Medium Enterprise (SMEs)), by Industry Vertical (BFSI, IT and Telecom, Retail and Consumer Goods, Healthcare and Life Sciences, Manufacturing, Government, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the bare metal cloud industry generated $5.6 billion in 2021 and is estimated to reach $56.6 billion by 2031, witnessing a CAGR of 26.1% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios. 

Key Points: 
  • According to the report, the bare metal cloud industry generated $5.6 billion in 2021 and is estimated to reach $56.6 billion by 2031, witnessing a CAGR of 26.1% from 2022 to 2031.
  • Intensifying utilization of bare metal cloud and expanding application in the BFSI sector, the cost-efficient benefits of bare metal cloud, integration of big data and IoT by several organizations drive the growth of the global bare metal cloud market.
  • Moreover, the renewed attention in lightweight hypervisors and negative aspects of bare metal cloud hinder the market growth.
  • By region, North America accounted for the highest share in 2021, holding nearly one-third of the global bare metal cloud market revenue.

Bare Metal Cloud Market to Reach $56.6 billion, Globally, by 2031 at 26.1% CAGR: Allied Market Research

Retrieved on: 
Monday, March 20, 2023

PORTLAND, Ore., March 20, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Bare Metal Cloud Market by Service Type (Networking Services, Compute Services, Database Services, Security Services, Storage Services), by Enterprise Size (Large Enterprises, Small and Medium Enterprise (SMEs)), by Industry Vertical (BFSI, IT and Telecom, Retail and Consumer Goods, Healthcare and Life Sciences, Manufacturing, Government, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the bare metal cloud industry generated $5.6 billion in 2021 and is estimated to reach $56.6 billion by 2031, witnessing a CAGR of 26.1% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios. 

Key Points: 
  • According to the report, the bare metal cloud industry generated $5.6 billion in 2021 and is estimated to reach $56.6 billion by 2031, witnessing a CAGR of 26.1% from 2022 to 2031.
  • Intensifying utilization of bare metal cloud and expanding application in the BFSI sector, the cost-efficient benefits of bare metal cloud, integration of big data and IoT by several organizations drive the growth of the global bare metal cloud market.
  • Moreover, the renewed attention in lightweight hypervisors and negative aspects of bare metal cloud hinder the market growth.
  • By region, North America accounted for the highest share in 2021, holding nearly one-third of the global bare metal cloud market revenue.

BioLife Solutions Reports Preliminary and Unaudited 2022 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Thursday, March 16, 2023

BOTHELL, Wash., March 16, 2023 /PRNewswire/ -- BioLife Solutions, Inc. (Nasdaq: BLFS) ("BioLife" or the "Company"), a leading developer and supplier of class-defining bioproduction products and services for the cell and gene therapy (CGT) and the broader biopharma markets, today announced financial results for the fourth quarter and year ended December 31, 2022.

Key Points: 
  • Gross margin (GAAP) for the fourth quarter of 2022 was 30% compared with 13% for the fourth quarter of 2021.
  • Operating expense (GAAP) for the fourth quarter of 2022 was $93.5 million compared with $54.9 million for the fourth quarter of 2021.
  • Adjusted operating expense (non-GAAP) for the fourth quarter of 2022 was $22.1 million compared with $19.2 million for the fourth quarter 2021.
  • Operating loss (GAAP) for the fourth quarter of 2022 was $49.3 million compared with $17.6 million for the fourth quarter of 2021.

BioLife Solutions Announces 2022 Fourth Quarter and Full Year Preliminary Unaudited Revenue and Introduces 2023 Revenue Guidance

Retrieved on: 
Monday, January 9, 2023

BOTHELL, Wash., Jan. 9, 2023 /PRNewswire/ -- BioLife Solutions, Inc. (Nasdaq: BLFS) ("BioLife" or the "Company"), a leading developer and supplier of class-defining bioproduction products and services for the cell and gene therapy (CGT) and the broader biopharma markets, today announced 2022 fourth quarter and full year preliminary unaudited revenue and introduced 2023 revenue guidance.

Key Points: 
  • Preliminary and unaudited revenue for the fourth quarter of 2022 was $44.4 million, an increase of 19% from $37.3 million for the fourth quarter of 2021.
  • COVID related revenue accounted for approximately 3% of the freezers and thaw systems platform revenue.
  • Preliminary and unaudited revenue for the full year 2022 was $161.9 million, an increase of 36% from $119.2 million for 2021, with organic revenue growth of 38%.
  • BioLife Solutions is introducing initial 2023 revenue guidance, which is based on expectations for its existing business.

Pure Storage Helps Financial Services Firms Harness the Power of Data to Drive Better Customer Experiences

Retrieved on: 
Tuesday, November 1, 2022

MOUNTAIN VIEW, Calif., Nov. 1, 2022 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced continued momentum within the financial services industry as global banks, asset management firms and financial technology organizations modernize and embrace a digital-first approach. 

Key Points: 
  • The financial services industry is entrusted with massive amounts of critical customer data.
  • Pure Storage's industry-leading solutions and services meet data-intensive demands while powering innovation with robust all-flash storage solutions.
  • Milan Novk, Infrastructure, Platform, and Cloud Services Lead, esk Spoitelna
    To learn more about Pure Storage solutions for the financial services sector, visit purestorage.com/solutions/industries/financial-services.html
    Pure Storage (NYSE: PSTG) uncomplicates data storage, forever.
  • Pure Storage, the Pure Storage P Logo, Pure1, Evergreen, Evergreen//One, Evergreen//Forever, Evergreen//Flex, FlashArray, FlashArray//X, FlashArray//XL, FlashBlade, and FlashBlade//S, are trademarks or registered trademarks of Pure Storage Inc. in the U.S. and/or other countries.

The Worldwide IT Professional Services Industry is Expected to Reach $1,921 Billion by 2030

Retrieved on: 
Wednesday, September 21, 2022

The global IT professional services market size is expected to reach USD 1921.33 billion by 2030, registering a CAGR of 11.2% over the forecast period.

Key Points: 
  • The global IT professional services market size is expected to reach USD 1921.33 billion by 2030, registering a CAGR of 11.2% over the forecast period.
  • This is due to the rise in the demand for technology consulting services integrated with the rapidly growing cloud services.
  • IT professional services offer specialized knowledge about an organization's niche areas of interest, such as accounting, marketing, law, and talent acquisition, among others.
  • 4.1 IT Professional Services Market: by Type Segment Outlook & Market Share, 2021 and 2030
    4.2.1 IT professional project-oriented services market, by region, 2017-2030 (USD Billion)
    4.3.1 IT professional ITO services market, by region, 2017-2030 (USD Billion)
    4.4.1 IT professional support & training services market, by region, 2017-2030 (USD Billion)
    4.5.1 IT professional enterprise cloud computing services market, by region, 2017-2030 (USD Billion)
    5.1 IT Professional Services Market: by Deployment Segment Outlook & Market Share, 2021 and 2030
    5.2.1 On-premise IT professional services market, by region, 2017-2030 (USD Billion)
    5.3.1 Cloud IT professional services market, by region, 2017-2030 (USD Billion)
    6.1 IT Professional Services Market: by End-Use Outlook & Market Share, 2021 and 2030
    6.2.1 IT professional services in technology companies, by region, 2017-2030 (USD Billion)
    6.3.1 IT professional services in consulting companies, by region, 2017-2030 (USD Billion)
    6.4.1 IT professional services in marketing & communication companies, by region, 2017-2030 (USD Billion)
    6.5.1 IT professional services in other end use, by region, 2017-2030 (USD Billion)
    8.1 Recent Developments and Impact Analysis, by Key Market Participants
    8.3.1 IT professional services Market: Key Company Market Ranking/Share Analysis, 2021