ISIN:DE000A0LR9G9

EQS-News: Exasol wins additional contracts from the financial sector with 'Espresso'

Retrieved on: 
Wednesday, April 10, 2024

The company has now extended existing contracts or concluded new contracts with a total of four additional customers from Europe and the USA.

Key Points: 
  • The company has now extended existing contracts or concluded new contracts with a total of four additional customers from Europe and the USA.
  • The annual recurring revenues (ARR) from this amounts to almost one million euros and shows the growing importance of the financial sector for Exasol.
  • "We are pleased that the momentum from the financial sector, as we saw at the end of last year, is continuing in the first quarter.
  • "In addition, many companies in the financial sector are facing more and more regulation regarding their data security.

EQS-News: Exasol announces preliminary figures for the 2023 financial year and outlook for 2024

Retrieved on: 
Wednesday, March 13, 2024

For the 2024 financial year, Exasol expects ARR to increase by up to 10% compared to the previous year*.

Key Points: 
  • For the 2024 financial year, Exasol expects ARR to increase by up to 10% compared to the previous year*.
  • In the second half of 2024, pipeline from market initiatives launched in Q4 2023 will again lead to a positive ARR trend.
  • Exasol will report additional preliminary figures for the 2023 financial year in the conference call scheduled for February 21, 2024.
  • The publication of the complete and audited consolidated financial statements for the 2023 financial year is scheduled for May 7, 2024.

EQS-News: Exasol Unveils New Suite of AI Tools to Turbocharge Enterprise Data Analytics

Retrieved on: 
Wednesday, March 13, 2024

With these new features, Espresso AI provides organizations with the tools needed to harness the power of their data for advanced AI-driven insights and decision-making.

Key Points: 
  • With these new features, Espresso AI provides organizations with the tools needed to harness the power of their data for advanced AI-driven insights and decision-making.
  • By leveraging Espresso AI, data teams are equipped to address business-critical needs such as demand forecasting, fraud detection, and churn prediction.
  • Exasol has enhanced its versatile query engine, Exasol Espresso , with Espresso AI, bringing AI and business intelligence (BI) together to enable better BI reports with predictive machine learning (ML) models.
  • Exasol AI Lab: A new container-based solution that allows data scientists to integrate Exasol’s in-memory analytics database into their preferred data science ecosystem to create optimized AI models faster and deploy them at scale.

EQS-News: Exasol extends contract with CFO Jan-Dirk Henrich ahead of schedule until September 2027

Retrieved on: 
Tuesday, January 30, 2024

Nuremberg, January 22, 2024: The Supervisory Board of Exasol AG, a global technology company and provider of a high-performance analytics database, prematurely extended the contract of CFO Jan-Dirk Henrich (46) until September 2027, thus ensuring continuity for this department.

Key Points: 
  • Nuremberg, January 22, 2024: The Supervisory Board of Exasol AG, a global technology company and provider of a high-performance analytics database, prematurely extended the contract of CFO Jan-Dirk Henrich (46) until September 2027, thus ensuring continuity for this department.
  • Jan-Dirk Henrich has been CFO of Exasol AG since September 2021.
  • "Following the realignment and restructuring of the last two years, we now have an exciting path of profitable growth ahead of us," says Jan-Dirk Henrich.
  • "Jan-Dirk Henrich has successfully guided the company through a challenging phase of transformation and paved the way for the company's imminent profitability.

EQS-News: Data and Business Intelligence Industry Veteran Henrik Jorgensen Joins Exasol as Sr. VP Sales, Europe

Retrieved on: 
Saturday, December 30, 2023

Data and Business Intelligence Industry Veteran Henrik Jorgensen Joins Exasol as Sr. VP Sales, Europe

Key Points: 
  • Data and Business Intelligence Industry Veteran Henrik Jorgensen Joins Exasol as Sr. VP Sales, Europe
    The issuer is solely responsible for the content of this announcement.
  • Data and Business Intelligence Industry Veteran Henrik Jorgensen Joins Exasol as Sr. VP Sales, Europe
    Nuremberg – December 5, 2023 – Exasol, the high-performance analytics database provider, today announced Henrik Jorgensen has been appointed as the company’s senior vice president of sales, Europe.
  • In his role, Jorgensen is responsible for expanding sales initiatives across Europe in key industries such as telecommunications, healthcare, retail, and financial services.
  • All large enterprises struggling with scaling data volumes, costs, and complexities should be enhancing their tech stacks with Exasol Espresso.”