Performance engineering

GSE Systems Reports Second Quarter 2023 Financial Results

Retrieved on: 
Monday, August 14, 2023

COLUMBIA, Md., Aug. 14, 2023 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support the future of clean energy production and decarbonization initiatives of the nuclear power industry, today announced financial results for the second quarter ("Q2") ended June 30, 2023.

Key Points: 
  • Conference Call Scheduled for today, August 14, 2023 at 4:30pm ET
    COLUMBIA, Md., Aug. 14, 2023 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support the future of clean energy production and decarbonization initiatives of the nuclear power industry, today announced financial results for the second quarter ("Q2") ended June 30, 2023.
  • Strong revenue growth from Performance Engineering, with a 30% increase over Q1 of 2023 and 16% improvement from Q2 of 2022.
  • "I am pleased with the progress made during the second quarter, whereby we made meaningful improvement in our operational execution.
  • Emmett Pepe, CFO of GSE Systems, added, "The company's cost containment measures have started to deliver benefits during the quarter with operating expenses reflecting significant improvement over prior quarter.

OpenText ValueEdge23 increases speed-to-value for application development and delivery organizations in the OpenText Cloud

Retrieved on: 
Tuesday, March 21, 2023

WATERLOO, ON, March 21, 2023 /PRNewswire/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX) today launched the latest version of ValueEdge -- an innovative modular, cloud-based DevOps and value stream management (VSM) platform. ValueEdge23 includes new capabilities that build on the platform's existing functionality, enabling chief technology officers (CTOs) to accelerate speed-to-value eliminating the typical waiting, wasting and wondering in the development process.  

Key Points: 
  • "ValueEdge23 is a platform and suite of DevOps tools to help businesses automate the whole digital value chain to get a smarter application to market faster.
  • We are breaking new ground in the DevOps space, enabling organizations to develop and deliver software the right way."
  • Today's ValueEdge23 launch announcement is in conjunction with the OpenText Application Delivery Virtual Summit .
  • More information about ValueEdge23 and other OpenText Application Delivery Management products, along with the full Summit recordings, are available here .

Panoramic Ventures Welcomes Christy Johnson as General Partner and Chief Performance Officer

Retrieved on: 
Thursday, February 2, 2023

ATLANTA, Feb. 2, 2023 /PRNewswire/ -- Panoramic Ventures, a venture capital firm based in Atlanta that partners with extraordinary founders to build category-leading companies, is pleased to welcome Christy Johnson as General Partner and Chief Performance Officer (CPO). Christy will lead the Performance Engineering practice.

Key Points: 
  • ATLANTA, Feb. 2, 2023 /PRNewswire/ -- Panoramic Ventures , a venture capital firm based in Atlanta that partners with extraordinary founders to build category-leading companies, is pleased to welcome Christy Johnson as General Partner and Chief Performance Officer (CPO).
  • A differentiated offering among VC firms, Performance Engineering deepens what it means to be invested in founders.
  • Between 2016-2022, Christy served as CEO of AchieveIt Online, a Panoramic Ventures portfolio company.
  • "I'm honored to have the opportunity to work in partnership with this group of talented entrepreneurs — both within our portfolio and within Panoramic."

GSE Systems Reports Third Quarter 2022 Financial Results

Retrieved on: 
Monday, November 14, 2022

COLUMBIA, Md., Nov. 14, 2022 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support the future of clean energy production and overall decarbonization initiatives of the power industry, today announced financial results for the third quarter ("Q3") ended September 30, 2022.

Key Points: 
  • Conference Call Scheduled for today, November 14, 2022at 4:30pm ET
    COLUMBIA, Md., Nov. 14, 2022 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support the future of clean energy production and overall decarbonization initiatives of the power industry, today announced financial results for the thirdquarter("Q3") ended September30, 2022.
  • "The third quarter demonstrated improved results when compared to what the Company reported during the second quarter.
  • We are now conducting more on-site meetings with customers and prospects, sharing with them the comprehensive solutions that GSE can deliver to them to improve their operating results.
  • "While third quarter project order flow was a bit of a pause from the strong third quarter of 2021, it was much improved from the second quarter.

Cigniti Accelerates a Fortune 500 American Retailer’s Digital Transformation Journey

Retrieved on: 
Thursday, September 8, 2022

Cigniti Technologies, the worlds leading AI and IP-led Digital Assurance and Digital Engineering services company, has further strengthened its partnership with a leading American retailer by ensuring superior digital experience to their customers and by accelerating their digital ambitions.

Key Points: 
  • Cigniti Technologies, the worlds leading AI and IP-led Digital Assurance and Digital Engineering services company, has further strengthened its partnership with a leading American retailer by ensuring superior digital experience to their customers and by accelerating their digital ambitions.
  • The Fortune 500 American retailer and Cigniti recently celebrated their 1st anniversary of the partnership, and they see tremendous scope for growth via digitalization that will assure the retailers business outcomes at an accelerated pace.
  • Cigniti Technologies Limited (NSE: CIGNITITEC; BSE: 534758) is the Worlds Leading AI & IP-led Digital Assurance and Digital Engineering Services Company.
  • 4100+ Cignitians worldwide help Fortune 500 & Global 2000 enterprises across 24 countries accelerate their digital transformation journey across various stages of digital adoption and help them achieve market leadership by providing transformation services leveraging IP & Platform led innovation with expertise across multiple verticals and domains.

ACME Group Selects Aspen Technology to Drive Operational Excellence at its First Green Hydrogen and Green Ammonia Pilot Plant

Retrieved on: 
Wednesday, August 31, 2022

Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that ACME Group , a renewable energy company in India, has selected AspenTechs Performance Engineering solution to optimize assets and achieve operational excellence at its first green hydrogen and green ammonia pilot plant worldwide.

Key Points: 
  • Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that ACME Group , a renewable energy company in India, has selected AspenTechs Performance Engineering solution to optimize assets and achieve operational excellence at its first green hydrogen and green ammonia pilot plant worldwide.
  • ACME Group is also developing a global scale green hydrogen and green ammonia plant in Duqm, Oman, as well as having announced plans to invest in a similar plant in Karnataka, India.
  • Amit Sharma, Vice President Engineering, ACME Group said: ACME Group has chosen AspenTechs Performance Engineering solution to design the hydrolysis process at its green hydrogen and green ammonia pilot plant and to subsequently optimize the process configuration for large scale green ammonia plants.
  • Lawrence Ng, Vice President of Sales, Asia Pacific Japan, Aspen Technology, added: We are pleased that ACME Group has chosen to partner with AspenTech at its inaugural green hydrogen and green ammonia pilot plant.

GSE Systems Reports Second Quarter 2022 Financial Results

Retrieved on: 
Monday, August 15, 2022

COLUMBIA, Md., Aug. 15, 2022 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support the future of clean energy production and overall decarbonization initiatives of the power industry, today announced financial results for the second quarter ("Q2") ended June 30, 2022.

Key Points: 
  • Conference Call Scheduled for today, August 15, 2022at 4:30pm ET
    COLUMBIA, Md., Aug. 15, 2022 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support the future of clean energy production and overall decarbonization initiatives of the power industry, today announced financial results for the second quarter("Q2") ended June 30, 2022.
  • During Q2 2022, the Company received Employee Retention Credit refunds of $1.6 million, with remaining refunds due of $1.4 million as of June 30, 2022.
  • "I am pleased with the progress made during the second quarter, whereby we continue to see signs of improvement in the industry.
  • GSE Systems has scheduled a conference call for today, August 15, 2022 at 4:30 p.m.

GSE Systems Reports First Quarter 2022 Financial Results

Retrieved on: 
Monday, May 16, 2022

COLUMBIA, Md., May 16, 2022 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in delivering and supporting engineering, compliance, simulation, training and workforce solutions that support decarbonization of the power industry, today announced its financial results for the first quarter ("Q1") ended March 31, 2022.

Key Points: 
  • Conference Call Scheduled for today, May 16, 2022at 4:30pm ET
    COLUMBIA, Md., May 16, 2022 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in delivering and supporting engineering, compliance, simulation, training and workforce solutions that support decarbonization of the power industry,today announced its financial results for the first quarter ("Q1") ended March31, 2022.
  • During Q1 2022, the Company received Employee Retention Credit refunds of $1.1 million, with remaining refunds due of $3.1 million as of March 31, 2022.
  • "I am pleased with the progress made during the first quarter, whereby we continue to see signs of improvement in the industry.
  • GSE Systems has scheduled a conference call for today, May 16, 2022 at 4:30 p.m.

Delivering on 5G Promises Requires Rapid Expansion and Upskilling of Telecom Network Workforce

Retrieved on: 
Tuesday, April 5, 2022

SANTA CLARA, Calif., April 5, 2022 /PRNewswire/ -- Eightfold AI, the leader in AI-powered talent intelligence, today announced the publication of a new Eightfold Talent Insights Report, "What Telecoms Need to Build a Future-Ready Workforce." The report contains the findings and insights from the Eightfold Talent Intelligence Platform, a deep-learning platform powered by the largest global talent dataset, to determine talent readiness for addressing innovation trends in the telecommunications industry.

Key Points: 
  • With a constantly evolving skill mix due to automation, emerging technologies, and new business models, familiar telecom roles are undergoing a transformation of their own.
  • The analysis by Eightfold found that:
    Many of the most common roles and skills are not currently addressing innovation trends.
  • When it comes to technician roles including Switch Engineers, Network Technicians, Network Administrators, and BSS Engineers, 33 percent of the top network engineering and operations roles are not yet equipped with future skills to address trending innovations.
  • However, by evaluating skills adjacencies, these common network engineering roles can follow alternative career paths to transition into rising roles such as Cyber Security Engineers, Cloud Engineers, and Performance Engineers.