LOB

EQS-News: Significant growth in sales and margins in Q1 2023/24 // Disproportionate cloud growth // First in class for SAP cloud business

Retrieved on: 
Monday, February 5, 2024

In Q1 2023/24, the Group generated sales of EUR 133.8 million, up 11% compared to the prior-year result of EUR 120.4 million.

Key Points: 
  • In Q1 2023/24, the Group generated sales of EUR 133.8 million, up 11% compared to the prior-year result of EUR 120.4 million.
  • We are now the leading SAP cloud partner in Central Europe.
  • Which basically means that we were the strongest partner in terms of sales of SAP cloud solutions in Central Europe in 2023.
  • Specifically, that means we have converted more companies to SAP S/4HANA with the Bluefield™ approach than any other SAP partner the world over.

Live Oak Bancshares, Inc. Announces Date of Fourth Quarter 2023 Financial Results

Retrieved on: 
Wednesday, January 10, 2024

WILMINGTON, N.C., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its fourth quarter 2023 financial results after U.S. financial markets close on Wednesday, January 24, 2024.

Key Points: 
  • WILMINGTON, N.C., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its fourth quarter 2023 financial results after U.S. financial markets close on Wednesday, January 24, 2024.
  • In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, January 25, 2024, at 9:00 a.m.
  • The call will be accessible by telephone and webcast using Conference ID: 19103652.
  • A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event.

IDC FutureScape: CIOs Will Be Pivotal to Navigating Change in the Digital Business Era

Retrieved on: 
Wednesday, December 6, 2023

Today's CIOs have evolved from managing IT infrastructure and ensuring systems' efficiency to become key business strategists.

Key Points: 
  • Today's CIOs have evolved from managing IT infrastructure and ensuring systems' efficiency to become key business strategists.
  • IDC expects companies to further expand their digital business capabilities as they seek to gain competitive advantage and CIOs will play a crucial role in the success of these efforts.
  • CIOs need to make strategic decisions about upgrading or modernizing their IT infrastructure to align with the organization's digital goals.
  • IDC's worldwide predictions for CIOs and digital business leaders are presented in full detail in the report, IDC FutureScape: Worldwide CIO Agenda 2024 Predictions (IDC #US51294523).

EQS-News: Preliminary figures for financial year 2022/23 // Guidance achieved // Ranked 1st for SAP conversions // Ranked 1st in SAP cloud business // Guidance for 2023/24 with focus on raising profitability

Retrieved on: 
Thursday, December 14, 2023

Based on the preliminary figures, All for One Group generated a significant increase in sales in financial year 2022/23 of 8% to EUR 488.0 million (2021/22: EUR 452.7 million).

Key Points: 
  • Based on the preliminary figures, All for One Group generated a significant increase in sales in financial year 2022/23 of 8% to EUR 488.0 million (2021/22: EUR 452.7 million).
  • Sales generated from the CONVERSION/4 model posted a gratifying increase of 54% to EUR 18.6 million (2021/22: EUR 12.1 million).
  • Co-CEO Michael Zitz: »In financial year 2022/23, All for One witnessed a further increase in demand for SAP S/4HANA migration projects.
  • They could result in lower demand and increased defaults and insolvencies among the customer base, and thus jeopardise our guidance.

Omdia: no code low code solutions unlock application development bottleneck

Retrieved on: 
Tuesday, October 17, 2023

Application development, especially for external, customer facing requirements, often mission critical, is typically the responsibility of the central IT department within the organization.

Key Points: 
  • Application development, especially for external, customer facing requirements, often mission critical, is typically the responsibility of the central IT department within the organization.
  • With finite resources, this process often leads to a backlog so that lines of business (LOB) and departments have to chase IT.
  • NCLC breaks the application production bottleneck and frees the organization to work at the speed it needs to capture market opportunities in a timely manner.
  • For a full market analysis and deep vendor product profiles and analysis the report is available from Omdia .

Live Oak Bancshares, Inc. Announces Date of Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, October 11, 2023

WILMINGTON, N.C., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its third quarter 2023 financial results after U.S. financial markets close on Wednesday, October 25, 2023.

Key Points: 
  • WILMINGTON, N.C., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its third quarter 2023 financial results after U.S. financial markets close on Wednesday, October 25, 2023.
  • In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, October 26, 2023, at 9:00 a.m.
  • The call will be accessible by telephone and webcast using Conference ID: 73371580.
  • A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event.

Prime/Magellan Rx launch industry-leading Medical Pharmacy Trend Report™

Retrieved on: 
Thursday, October 12, 2023

EAGAN, Minn., Oct. 12, 2023 /PRNewswire/ -- Prime Therapeutics LLC (Prime) and Magellan Rx Management LLC (Magellan Rx) released the 13th annual Medical Pharmacy Trend Report™, featuring a comprehensive view of provider-administered medical benefit drug trends, the largest driver of specialty drug spend. This report offers detailed analysis of medical benefit drug claims, data benchmarks, and current medical benefit drug management strategies.

Key Points: 
  • EAGAN, Minn., Oct. 12, 2023 /PRNewswire/ -- Prime Therapeutics LLC (Prime) and Magellan Rx Management LLC (Magellan Rx) released the 13th annual Medical Pharmacy Trend Report ™, featuring a comprehensive view of provider-administered medical benefit drug trends, the largest driver of specialty drug spend.
  • This report offers detailed analysis of medical benefit drug claims, data benchmarks, and current medical benefit drug management strategies.
  • Medical pharmacy trends and forecast: Oncology continues as top trend driver
    The oncology category was a top driver of trend and is forecasted to continue to significantly influence growth in spend.
  • The annual Medical Pharmacy Trend Report is just one of the many ways Prime/Magellan Rx keep the industry updated on the latest trends for medical benefit drugs and the specialty pipeline.

Jitterbit Survey Reveals Only One-Third of IT Executives Believe they Outpace Competitors in Automation Initiatives

Retrieved on: 
Thursday, August 17, 2023

ALAMEDA, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Jitterbit , a global leader for empowering transformation through automation, today announced the results of its 2023 State of Automation in IT survey.

Key Points: 
  • ALAMEDA, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Jitterbit , a global leader for empowering transformation through automation, today announced the results of its 2023 State of Automation in IT survey.
  • Available now, the report, titled “ Prioritizing Integration to Drive Innovation ,” uncovers recent trends, organizational drivers and key challenges in automation for IT leaders.
  • The data reveals that IT leaders are driving an increasing number of automation initiatives as a way to stay competitive, reduce costs and scale as they navigate an unpredictable social and economic environment.
  • In particular, businesses are turning to integration technology as a way to connect systems and automate workflows to boost productivity and efficiency.

Bindable Joins Guidewire PartnerConnect Program; Releases First Partner-developed Guidewire GO Product

Retrieved on: 
Wednesday, August 9, 2023

Guidewire (NYSE: GWRE) announced that Bindable™ has become a Guidewire PartnerConnect Solution partner, and that Bindable’s new Guidewire GO Product is now available to PolicyCenter Cloud users in the Guidewire Marketplace .

Key Points: 
  • Guidewire (NYSE: GWRE) announced that Bindable™ has become a Guidewire PartnerConnect Solution partner, and that Bindable’s new Guidewire GO Product is now available to PolicyCenter Cloud users in the Guidewire Marketplace .
  • Bindable is the second Insurtech Vanguard to become a Guidewire PartnerConnect Solution partner and the first partner to develop a GO Product with Guidewire.
  • The GO product by Bindable integrates Guidewire Cloud and Bindable’s alternative distribution platform .
  • With GO USA Personal Auto by Bindable, insurers can:
    Quickly launch a Personal Auto product using the Advanced Product Designer mindmap and pre-defined product template;
    Tailor the product to fit their specific business needs;
    Distribute the product rapidly to new customers through Bindable and its extensive partner network; and
    Guidewire GO Products are prepackaged collections of product model content available to download from the Guidewire Marketplace.

Live Oak Bancshares, Inc. Announces Date of Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, July 11, 2023

WILMINGTON, N.C., July 11, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its second quarter 2023 financial results after U.S. financial markets close on Tuesday, July 25, 2023.

Key Points: 
  • WILMINGTON, N.C., July 11, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its second quarter 2023 financial results after U.S. financial markets close on Tuesday, July 25, 2023.
  • In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Wednesday, July 26, 2023, at 9:00 a.m.
  • The call will be accessible by telephone and webcast using Conference ID: 52547679.
  • A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event.