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Boards slow to unlock data-driven value in their businesses, new research finds

Retrieved on:

Thursday, February 8, 2024

AI, Research, Composability, News, Boomi, CIO, Thought, Agility, Education, Architecture, Corporate communication, IDC, Engineering, Organization

LONDON, Feb. 8, 2024 /PRNewswire/ -- A new global study* from IFS and Boomi, conducted by leading IT market research and advisory firm IDC, reveals that enterprises are missing out on transformational capabilities and insights due to the combination of legacy technology platforms and a lack of Board-level understanding about the essential role of composability in unlocking business data.The study polled over 1,000 C-level respondents from manufacturing, energy and utilities, aerospace & defense, construction & engineering, telecoms and service industries across 12 countries in Europe, North America, EMEA and Asia Pacific in December 2023.

Key Points:

The research highlights clear cause and consequences of outdated technology platforms, such as the negative impact of departmental silos (18%) and continued lack of visibility of data (24%).
With more than two-fifths (41%) of organizations lacking a composable strategy, businesses risk stagnation and mounting technical debt.
Whilst the value of a composable architecture is well understood by over 70% of the respondents, these are the C-suite with business and functional responsibilities.
Speed to realizing value requires a strong data foundation and a mature cloud strategy as pre-requisites to the adoption of other advanced technologies.

Boards slow to unlock data-driven value in their businesses, new research finds

Retrieved on:

Thursday, February 8, 2024

AI, Research, Composability, News, Boomi, CIO, Thought, Agility, Education, Architecture, Corporate communication, IDC, Engineering, Organization

LONDON, Feb. 8, 2024 /PRNewswire/ -- A new global study* from IFS and Boomi, conducted by leading IT market research and advisory firm IDC, reveals that enterprises are missing out on transformational capabilities and insights due to the combination of legacy technology platforms and a lack of Board-level understanding about the essential role of composability in unlocking business data.The study polled over 1,000 C-level respondents from manufacturing, energy and utilities, aerospace & defense, construction & engineering, telecoms and service industries across 12 countries in Europe, North America, EMEA and Asia Pacific in December 2023.

Key Points:

The research highlights clear cause and consequences of outdated technology platforms, such as the negative impact of departmental silos (18%) and continued lack of visibility of data (24%).
With more than two-fifths (41%) of organizations lacking a composable strategy, businesses risk stagnation and mounting technical debt.
Whilst the value of a composable architecture is well understood by over 70% of the respondents, these are the C-suite with business and functional responsibilities.
Speed to realizing value requires a strong data foundation and a mature cloud strategy as pre-requisites to the adoption of other advanced technologies.

LTIMindtree Delivers 3.5% YoY USD Revenue Growth

Retrieved on:

Wednesday, January 17, 2024

For the quarter, we reported a revenue of USD 1.08 billion, a 3.5% YoY growth in USD terms, an EBIT margin of 15.4%, an increase of 150 bps YoY, and a PAT margin of 13%, an increase of 140 bps YoY.

Key Points:

For the quarter, we reported a revenue of USD 1.08 billion, a 3.5% YoY growth in USD terms, an EBIT margin of 15.4%, an increase of 150 bps YoY, and a PAT margin of 13%, an increase of 140 bps YoY.
LTIMindtree will drive transformation across the technology landscape through multiple services including Cloud Migration, End User Services, Security, and Application Development and Support.
A US-based premier oil and gas producer selected LTIMindtree as their strategic partner for end-to-end technology services.
LTIMindtree recognized as a Major Contender in Everest Group's Digital Interactive Experience (IX) Services PEAK Matrix® Assessment 2023 – North America.

Conversant Group Hires General Counsel and Vice President/Corporate Controller

Retrieved on:

Thursday, January 18, 2024

National Homelessness Law Center, Boomi, UC, Culture, Certified Public Accountant, The Good Samaritan, Software as a service, Electronics, ZeroFox, Trustee, CPA, Dell Technologies, Zip drive, Zollman, EMC, Small business, Growth, Management

CHATTANOOGA, Tenn., Jan. 18, 2024 /PRNewswire/ -- Conversant Group™, an innovative provider of "Secure First" infrastructure and cybersecurity services, today announced the hiring of Ron Zollman as general counsel and Harold Solis as vice president, corporate controller for the Conversant family of companies including Fenix24™, Grypho5™, and Athena7™. The Conversant family grew rapidly in 2023 with key staffing and executive hires; with these newest leadership appointments, Conversant continues to expand their executive foundations to both drive and support growth.

Key Points:

CHATTANOOGA, Tenn., Jan. 18, 2024 /PRNewswire/ -- Conversant Group ™, an innovative provider of "Secure First" infrastructure and cybersecurity services, today announced the hiring of Ron Zollman as general counsel and Harold Solis as vice president, corporate controller for the Conversant family of companies including Fenix24™, Grypho5™, and Athena7™.
The Conversant family grew rapidly in 2023 with key staffing and executive hires; with these newest leadership appointments, Conversant continues to expand their executive foundations to both drive and support growth.
Before joining Conversant Group, Solis was vice president, finance, and controller for LookingGlass Cyber Solutions, Inc. (acquired by ZeroFox in April 2023), a cybersecurity technology and services company.
"Both Ron and Harold are important additions to our team given the growth in scale and offerings throughout the Conversant family of companies," said Mark Grazman, Conversant CEO.

Boomi Strengthens Commitment to Data Security and Compliance by Achieving StateRAMP Authorization

Retrieved on:

Thursday, January 11, 2024

Professional Services, Data Management, Security, Data Analytics, Technology, Software, Networks, Platform as a service, Boomi, Infrastructure as a service, Multimedia, Software as a service, Documentation, Organization, Government, Public sector, Improper integral

Boomi ™, the intelligent connectivity and automation leader, today announced that the Boomi platform has achieved StateRAMP Authorization.

Key Points:

Boomi ™, the intelligent connectivity and automation leader, today announced that the Boomi platform has achieved StateRAMP Authorization.
This achievement reflects Boomi’s unwavering commitment to data security and compliance, and to delivering a secure and reliable solution that government agencies can rely on to safeguard their data and operations.
View the full release here: https://www.businesswire.com/news/home/20240111476452/en/
Boomi Strengthens Commitment to Data Security and Compliance by Achieving StateRAMP Authorization (Graphic: Business Wire)
“At Boomi, we are committed to democratizing modernization.
Securing StateRAMP authorization for our platform was paramount, enabling public sector organizations to seamlessly and securely integrate and leverage cloud applications,” said Sean Wechter, Chief Information Officer at Boomi.

Boomi Appoints Matt Heinz as Chief Revenue Officer

Retrieved on:

Friday, January 5, 2024

Data Analytics, Professional Services, Technology, Artificial Intelligence, Software, Boomi, Microsoft, Heinz, Multimedia, Acquisition, Improper integral, Growth, Marketo, Adobe, Amazon Web Services, Video game

Boomi™ , the intelligent connectivity and automation leader, today announced the appointment of Matt Heinz as Chief Revenue Officer (CRO), responsible for leading Boomi’s growing global sales organization and accelerating growth.

Key Points:

Boomi™ , the intelligent connectivity and automation leader, today announced the appointment of Matt Heinz as Chief Revenue Officer (CRO), responsible for leading Boomi’s growing global sales organization and accelerating growth.
View the full release here: https://www.businesswire.com/news/home/20240105874435/en/
Seasoned tech sales executive joins Boomi to spearhead global sales organization and fuel rapid growth (Graphic: Business Wire)
“At Boomi, we're shaping the future as the foremost integration solution, essential for transformative success,” said Steve Lucas, CEO at Boomi.
Heinz continued to oversee Marketo’s revenue operations in North America following the company’s acquisition by Adobe in 2018.
“I am thrilled to join Boomi during this pivotal moment in its growth journey,” said Matt Heinz, Chief Revenue Officer at Boomi.

Toowoomba Regional Council Enhances Route to Digital Services With Boomi

Retrieved on:

Monday, December 11, 2023

Boomi™ , the intelligent connectivity and automation leader, today announced that Toowoomba Regional Council has implemented the Boomi platform to streamline digital services delivery to residents and drive key initiatives such as its Internet of Things (IoT) water infrastructure project.

Key Points:

Boomi™ , the intelligent connectivity and automation leader, today announced that Toowoomba Regional Council has implemented the Boomi platform to streamline digital services delivery to residents and drive key initiatives such as its Internet of Things (IoT) water infrastructure project.
View the full release here: https://www.businesswire.com/news/home/20231211658796/en/
Toowoomba Regional Council Enhances Route to Digital Services With Boomi (Graphic: Business Wire)
Situated in southeast Queensland, Australia, Toowoomba Regional Council (TRC) is home to more than 180,000 residents.
The council is currently undergoing an experience-motivated technology transformation, using data to improve digital services for residents — from maintenance requests, to water payments, to managing development applications.
“Community services must complement the digital lives of locals,” said Mark Godfrey, Senior Integration Developer at TRC.

LTIMindtree Leverages Boomi's Low-Code Integration To Strengthen Customer Centricity

Retrieved on:

Monday, November 20, 2023

Software, Networks, Internet, Consulting, Artificial Intelligence, Data Management, Professional Services, Technology, CIO, Growth, LTIMindtree, Multimedia, Improper integral, Friction, Architecture, Sales, Boomi

View the full release here: https://www.businesswire.com/news/home/20231120829657/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20231120829657/en/
LTIMindtree Leverages Boomi's Low-Code Integration To Strengthen Customer Centricity (Graphic: Business Wire)
LTIMindtree is a global digital transformation partner to over 700 global enterprises across a range of industries.
Helping to reimagine business models, accelerate innovation, and maximize growth, LTIMindtree provides extensive domain and technology expertise to clients operating in more than 30 countries.
After a thorough evaluation of its options, LTIMindtree selected Boomi to integrate its digital architecture, remove friction in data flows, and ensure immediate access to information.
We hope to achieve a 60% reduction in integration time,” said Rajesh Kumar R, Chief Information Officer (CIO) of LTIMindtree.

MMA Offshore Automates Onboarding With Boomi

Retrieved on:

Wednesday, November 15, 2023

Boomi™ , the intelligent connectivity and automation leader, today announced MMA Offshore (MMA) is using the Boomi platform to provide consistent employee master data management across its line of business applications.

Key Points:

Boomi™ , the intelligent connectivity and automation leader, today announced MMA Offshore (MMA) is using the Boomi platform to provide consistent employee master data management across its line of business applications.
View the full release here: https://www.businesswire.com/news/home/20231115801462/en/
MMA Offshore Automates Onboarding With Boomi (Graphic: Business Wire)
Headquartered in Perth, MMA is a global marine and subsea service provider.
This transformation has seen MMA grow into new markets such as offshore wind, government and defence, and coastal infrastructure.
In the past, onboarding at this scale and speed would have taken a considerable amount of time with data manually entered across multiple systems.

APU Company Deploys Boomi to Underpin Digital Transformation and Global Growth

Retrieved on:

Wednesday, November 15, 2023

This is central to APU’s efforts to transform into a digital company and take on international markets.

Key Points:

This is central to APU’s efforts to transform into a digital company and take on international markets.
View the full release here: https://www.businesswire.com/news/home/20231115792688/en/
APU Company Deploys Boomi to Underpin Digital Transformation and Global Growth (Graphic: Business Wire)
Established in 1924, APU holds a distinguished status as one of Mongolia’s longest-standing organizations, proudly leading the way in its industry.
To drive this ambitious goal, APU is embracing digital transformation, actively pursuing various technology and process automation initiatives.
The company also plans to leverage Boomi Master Data Hub (MDH) to create 360-degree visibility over its data, maintain ‘golden records’, and comprehensively manage digital assets.