Defence Analytical Services and Advice

Mastech Digital Reports a 24% Year-over-Year Revenue Decline in the Third Quarter of 2023

Retrieved on: 
Wednesday, November 1, 2023

PITTSBURGH, Nov. 1, 2023 /PRNewswire/ -- Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation IT Services, announced today its financial results for the third quarter ended September 30, 2023.  

Key Points: 
  • PITTSBURGH, Nov. 1, 2023 /PRNewswire/ -- Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation IT Services, announced today its financial results for the third quarter ended September 30, 2023.
  • Revenues for the third quarter of 2023 totaled $47.8 million, compared to $63.1 million during the corresponding quarter of 2022.
  • Gross profits in the third quarter of 2023 were $12.6 million, compared to $16.3 million in the same quarter of 2022.
  • Our Days Sales Outstanding (DSO) measurement improved by one day during the quarter to 55 days on September 30, 2023."

Netlink Celebrates 25 Years of Providing Digital Transformation Value-Added Technology and Business Solutions

Retrieved on: 
Thursday, August 3, 2023

Netlink , a premier provider of customer-centric value-added technology and business solutions with diverse customers and more than 2,000 employees worldwide, announced today it is celebrating its 25th anniversary.

Key Points: 
  • Netlink , a premier provider of customer-centric value-added technology and business solutions with diverse customers and more than 2,000 employees worldwide, announced today it is celebrating its 25th anniversary.
  • Netlink offers digital transformation solutions from single business units to large global organizational setups offering businesses rapid growth and developing future competencies.
  • With quick turnaround time and a high degree of customization, these solutions offer a perfect match for current and future technology requirements for organizations.
  • Netlink employs a unique Software Factory as a Service (SFaaS) IT engagement model that forms the core delivery framework for all its technology solutions.

Mastech Digital Reports a 16% Year-over-Year Revenue Decline in the Second Quarter of 2023

Retrieved on: 
Wednesday, August 2, 2023

PITTSBURGH, Aug. 2, 2023 /PRNewswire/ -- Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation IT Services, announced today its financial results for the second quarter ended June 30, 2023.  

Key Points: 
  • PITTSBURGH, Aug. 2, 2023 /PRNewswire/ -- Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation IT Services, announced today its financial results for the second quarter ended June 30, 2023.
  • Revenues for the second quarter of 2023 totaled $52.2 million, compared to $62.1 million during the corresponding quarter of 2022.
  • Gross profits in the second quarter of 2023 were $13.6 million, compared to $16.7 million in the same quarter of 2022.
  • Non-GAAP net income for the second quarter of 2023 was $1.3 million, or $0.11 per diluted share, compared to $3.6 million, or $0.30 per diluted share, in the second quarter of 2022.

Cognizant and Gilead Extend Partnership with Five-Year Service Agreement Estimated at $800 Million

Retrieved on: 
Monday, July 24, 2023

TEANECK, N.J., July 24, 2023 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced an expansion of its relationship with Gilead Sciences (NASDAQ: GILD). Gilead is a leading biopharmaceutical company advancing innovative medicines to prevent and treat life-threatening diseases. Under the agreement, Cognizant will manage Gilead's global IT infrastructure, platforms, applications and advanced analytics, and lead initiatives designed to accelerate its digital transformation. The agreement includes renewal and expansion of Cognizant services for a total expected value of $800 million over the next five years. This collaboration is aimed at enabling Gilead to streamline various parts of its business with the goal of faster time to market of various medicines for life-threatening diseases, including HIV, viral hepatitis, and cancer.

Key Points: 
  • TEANECK, N.J., July 24, 2023 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced an expansion of its relationship with Gilead Sciences (NASDAQ: GILD).
  • Under the agreement, Cognizant will manage Gilead's global IT infrastructure, platforms, applications and advanced analytics, and lead initiatives designed to accelerate its digital transformation.
  • The agreement includes renewal and expansion of Cognizant services for a total expected value of $800 million over the next five years.
  • Cognizant anticipates leveraging the power of Generative AI to help enhance Gilead's customer service experience.

EXL named a Leader in Everest Group Healthcare Data and Analytics Services PEAK Matrix® Assessment 2023

Retrieved on: 
Wednesday, July 12, 2023

NEW YORK, July 12, 2023 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading data analytics and digital operations and solutions company, announced that it has been named a Leader in the Everest Group Healthcare Data and Analytics Services PEAK Matrix® Assessment 2023.

Key Points: 
  • NEW YORK, July 12, 2023 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading data analytics and digital operations and solutions company, announced that it has been named a Leader in the Everest Group Healthcare Data and Analytics Services PEAK Matrix® Assessment 2023.
  • The Everest Group report highlights EXL’s comprehensive portfolio of healthcare analytics solutions and platform solutions.
  • By integrating real-world data from Centers for Medicare and Medicaid Services databases with claims and clinical data, EXL delivers critical insights into patient populations.
  • “By pairing our decades of deep industry experience in healthcare with our market-leading data, analytics, AI and cloud capabilities, we are helping payers and providers intervene earlier, improve patient engagement and remove waste and inefficiencies to optimize care delivery.”
    To read more about the Everest Group’s Healthcare Data and Analytics Services PEAK Matrix Assessment 2023, click here .

ISG to Publish Reports on Analytics Platforms, Services

Retrieved on: 
Monday, July 10, 2023

The study results will be published in two comprehensive ISG Provider Lens™ reports: Analytics Platforms 2023 will cover software vendors and solution providers offering embedded analytics, business analytics and data governance platforms, and Analytics Services 2023 will cover providers of data science, engineering and management services.

Key Points: 
  • The study results will be published in two comprehensive ISG Provider Lens™ reports: Analytics Platforms 2023 will cover software vendors and solution providers offering embedded analytics, business analytics and data governance platforms, and Analytics Services 2023 will cover providers of data science, engineering and management services.
  • “By increasing investment in analytics services and solutions, companies can enhance data-driven approaches to resolving business problems and seizing opportunity.”
    For the Analytics Platforms 2023 study, ISG has distributed surveys to more than 50 analytics platform providers.
  • For the Analytics Services 2023 study, ISG has distributed surveys to more than 125 analytics service providers.
  • Companies not listed as analytics services providers can contact ISG and ask to be included in the study.

CitiusTech Recognized as a Major Contender in Healthcare Data & Analytics Peak Matrix® 2023 Assessment

Retrieved on: 
Tuesday, June 27, 2023

Ltd., a leading provider of healthcare technology services, solutions, and platforms, announced that it has been named a Major Contender in Everest Group's Healthcare Data & Analytics Peak Matrix® 2023.

Key Points: 
  • Ltd., a leading provider of healthcare technology services, solutions, and platforms, announced that it has been named a Major Contender in Everest Group's Healthcare Data & Analytics Peak Matrix® 2023.
  • We are thrilled to be recognized as a Major Contender in the Everest Group Healthcare Data & Analytics Peak Matrix® assessment.
  • The Healthcare Data and Analytics Services PEAK Matrix® Assessment is based on Everest Group's interactions with leading service providers, client reference checks, and ongoing analysis of the healthcare data and analytics services market.
  • The Healthcare Data & Analytics Peak assessment evaluates companies based on two key dimensions: Market Impact and Vision & Capability.

DesignMind Awarded Elite Microsoft Azure Solutions Partner for Data & AI

Retrieved on: 
Thursday, June 22, 2023

SAN FRANCISCO, June 22, 2023 /PRNewswire-PRWeb/ -- DesignMind, a premier cloud data analytics provider to enterprise and mid-market organizations, has been named a Microsoft Azure Solutions Partner for Data & AI. This recognition is awarded to Microsoft's most elite consulting partners, determined by successful customer outcomes, expertise, and performance.

Key Points: 
  • Company recognized by Microsoft for its successful customer outcomes, deep technical experience, and expertise
    SAN FRANCISCO, June 22, 2023 /PRNewswire-PRWeb/ -- DesignMind , a premier cloud data analytics provider to enterprise and mid-market organizations, has been named a Microsoft Azure Solutions Partner for Data & AI.
  • Microsoft has identified DesignMind, a long-time leader in databases and analytics, for its enhanced Data and Artificial Intelligence capabilities.
  • The company delivers innovative Data and AI solutions based on industry-leading toolsets running on Azure that sets customers up for successful outcomes.
  • "This new Solutions Partner designation for Data & AI, along with our expertise in application innovation and Azure cloud infrastructure, helps DesignMind experts deliver complex, cutting-edge solutions to our global customers," said Mark Ginnebaugh, CEO.

DoiT International Achieves AWS DevOps Competency

Retrieved on: 
Thursday, June 15, 2023

“DevOps methodologies have become the de facto way to capture the true value of the cloud today.

Key Points: 
  • “DevOps methodologies have become the de facto way to capture the true value of the cloud today.
  • “Their commitment to delivering cost-effective and optimized solutions, while providing zero-cost support were critical factors in choosing to collaborate with DoiT.
  • In addition to this DevOps competency, DoiT has also achieved competencies in Migration Services and Data & Analytics Services, as well as nearly 300 AWS certifications earned company-wide.
  • To learn more about how DoiT customers can scale and grow with AWS, visit doit.com/devops-with-aws-and-doit/ .

Mastech Digital announces Expansion into Engineering Staffing Services

Retrieved on: 
Wednesday, May 31, 2023

PITTSBURGH, May 31, 2023 /PRNewswire/ -- Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation Services, announced its entry into Engineering Staffing Services business. As a leading provider of Data and Analytics services and IT talent to corporations globally, the company now aims to also become a trusted partner for providing engineering talent nationwide.

Key Points: 
  • PITTSBURGH, May 31, 2023 /PRNewswire/ -- Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation Services, announced its entry into Engineering Staffing Services business.
  • The Engineering Staffing Services (ESS) division of Mastech Digital will bring top engineering talent to businesses seeking highly skilled engineering professionals to drive their innovation and growth.
  • "This is a significant step for Mastech Digital in its stellar history over decades of being a trusted IT staffing partner for its customers," said Vivek Gupta, President and CEO of Mastech Digital.
  • Mastech Digital has been at the forefront of digital innovation over the last few years.