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Thoughtworks Reports First Quarter 2024 Financial Results

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星期二, 五月 7, 2024

Thought Leadership, Software, Data Analytics, Consulting, Artificial Intelligence, Professional Services, Technology, IOT (Internet of Things), Net income, Data mesh, EPS, Video game

Thoughtworks Holding, Inc. (NASDAQ: TWKS) ("Thoughtworks" or the "Company"), a leading global technology consultancy, today reported results for the first quarter of 2024 and provided an updated financial outlook for the full year and second quarter of 2024.

Key Points:

Thoughtworks Holding, Inc. (NASDAQ: TWKS) ("Thoughtworks" or the "Company"), a leading global technology consultancy, today reported results for the first quarter of 2024 and provided an updated financial outlook for the full year and second quarter of 2024.
We expect to return to sequential quarter-over-quarter revenue growth in the second quarter of 2024.
During the first quarter of 2024, Thoughtworks incurred pre-tax cash charges of approximately $2.1 million, which include $1.0 million in wage-related costs and $1.1 million in non-wage related costs.
Adjusted diluted loss per share for the first quarter was $(0.02) compared to Adjusted Diluted EPS of $0.03 for the first quarter of 2023.

Info-Tech Research Group's New Data Quadrant Report, Powered by SoftwareReviews, Reveals Top Data Integration Software Providers for 2024

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星期一, 四月 29, 2024

Cloud, AWS Glue, Data integration, CS, Software, Research group, TeamDynamix, Internet, SQL Server, Data mesh, Organization, Microsoft, DI, Gold, Improper integral, Name, AWS, Video game

A new Data Integration Data Quadrant Report from the global research and advisory firm showcases the leading data integration tools for 2024.

Key Points:

A new Data Integration Data Quadrant Report from the global research and advisory firm showcases the leading data integration tools for 2024.
TORONTO, April 29, 2024 /PRNewswire/ - Info-Tech Research Group has published the 2024 Data Integration (DI) Data Quadrant Report , powered by SoftwareReviews data.
Data integration tools streamline the amalgamation of data across various platforms, including databases, data warehouses, and applications, offering a cohesive perspective.
The 2024 Data Integration Software Gold Medalists are as follows:
Zapier , 8.9 CS, ranked high for ease of integration.

Knowvation by PTFS Assessed "Awardable" for Department of Defense work in the CDAO's Tradewinds Solutions Marketplace

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星期二, 四月 23, 2024

“PTFS is elated that Knowvation was added to the Tradewinds Marketplace.

Key Points:

“PTFS is elated that Knowvation was added to the Tradewinds Marketplace.
Knowvation was recognized among a competitive field of applicants to the Tradewinds Solutions Marketplace whose solutions demonstrated innovation, scalability, and potential impact on DoD missions.
About PTFS and Knowvation: PTFS is a leading software and services provider for enterprise content and document intelligence and management.
About the Tradewinds Solutions Marketplace: The Tradewinds Solutions Marketplace is a digital repository of post-competition, readily awardable pitch videos that address the Department of Defense’s (DoD) most significant challenges in the Artificial Intelligence/Machine Learning (AI/ML), data, and analytics space.

Transforming Challenges into Triumphs: HUB Anticipates a Strong 2024-2025

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星期一, 一月 8, 2024

Government, Internet, Data mesh, Confidentiality, TEL, Insurance, Adjustment, HUB, IBN, Optimism, Growth, The Company, FY

TEL AVIV, Israel, Jan. 08, 2024 (GLOBE NEWSWIRE) -- via IBN – HUB Cyber Security Ltd (Nasdaq: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB Security" or the "Company"), anticipates demonstrating strong success in the next two years.

Key Points:

TEL AVIV, Israel, Jan. 08, 2024 (GLOBE NEWSWIRE) -- via IBN – HUB Cyber Security Ltd (Nasdaq: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB Security" or the "Company"), anticipates demonstrating strong success in the next two years.
Management provides herein financial highlights of H1 2023 with a strategic outlook of HUB Security’s business:
Management believes HUB Security has yet a strong lead over potential competition in the field of Secured Data Fabric confidential computing solutions for enterprises and governments.
Relying on its cutting-edge technology, HUB Security seamlessly integrates confidential compute activities with Data Fabric and Data Mesh solutions.
In this new business phase that unfolds, HUB Security is more than a player; it's the author of its narrative of innovation and success.

Thoughtworks Announces Expansion Plans in Switzerland

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星期二, 十一月 28, 2023

Consulting, Data Analytics, Professional Services, Health, Engineering, Data mesh, Roche, Cryptocurrency, Thoughtworks

Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering, today announced it is expanding its business to Switzerland.

Key Points:

Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering, today announced it is expanding its business to Switzerland.
This is part of Thoughtworks’ plan to scale up in key industry verticals in the European region.
Thoughtworks’ clients based in Switzerland gain a digital service provider with both local operations and global expertise from all industries, including financial services, life sciences and manufacturing.
“We’re excited to bring our ability to drive digital innovation to Switzerland.”
Read more about Thoughtworks’ implementation of Data Mesh at Roche , one of the world’s largest healthcare companies, headquartered in Switzerland.

K2view Named a Visionary in the 2023 Gartner Magic Quadrant for Data Integration Tools

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星期三, 十二月 6, 2023

Classification, Data management, Data integration, Catalog, Organization, API, Internet, Magic Quadrant, Information technology, Data mesh, Architecture, Retail, Sales, Gartner

YOKNEAM, Israel , Dec. 6, 2023 /PRNewswire-PRWeb/ -- K2view, a global leader in AI-driven operational data management, announced today that Gartner, the world's leading information technology and advisory company, positioned K2view as a "Visionary" in its Magic Quadrant for Data Integration Tools, published on Dec 4, 2023.

Key Points:

K2view, a global leader in AI-driven operational data management, announced today that Gartner, the world's leading information technology and advisory company, positioned K2view as a "Visionary" in its Magic Quadrant for Data Integration Tools, published on Dec 4, 2023.
YOKNEAM, Israel , Dec. 6, 2023 /PRNewswire-PRWeb/ -- K2view, a global leader in AI-driven operational data management, announced today that Gartner, the world's leading information technology and advisory company, positioned K2view as a "Visionary" in its Magic Quadrant for Data Integration Tools, published on Dec 4, 2023.
In the 2023 Gartner Magic Quadrant for Data Integration Tools, Gartner highlighted 3 strategic strengths for K2view:
Unique entity-based approach to data integration: "K2view offers a unique patented approach to integrating and organizing data by business entities, such as customer, product and order.
Data product delivery at scale: "K2view data product approach fosters data integration reuse, enabling enterprises to achieve their operational data management use cases, such as customer 360, data pipelining, synthetic data generation, test data management and fraud detection."

J.P. Morgan Enhances Data Management Capabilities for Securities Services Clients

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星期二, 十月 10, 2023

J.P. Morgan today announced the launch of its Securities Services Data Mesh for institutional investors, available through Fusion by J.P. Morgan (Fusion).

Key Points:

J.P. Morgan today announced the launch of its Securities Services Data Mesh for institutional investors, available through Fusion by J.P. Morgan (Fusion).
Fusion supports investors in this journey with the release of the Data Mesh, which now includes Securities Services data for the first time.
Morgan’s Fusion platform is transforming the client experience by modernizing how their clients access Securities Services data and analytics, fueled by the power, scale and secure data sharing of the Snowflake Financial Services Data Cloud,” said Benoit Dageville, Snowflake Co-Founder and President of Products.
Tim Fitzgerald, Global Head of Securities Services, J.P. Morgan said, “The Securities Services industry has become increasingly data-driven.

Oracle Introduces Integrated Vector Database to Augment Generative AI and Dramatically Increase Developer Productivity

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星期三, 九月 20, 2023

LAS VEGAS, Sept. 19, 2023 /PRNewswire/ -- Oracle CloudWorld -- Oracle today announced its plans to add semantic search capabilities using AI vectors to Oracle Database 23c. The collection of features, called AI Vector Search, includes a new vector data type, vector indexes, and vector search SQL operators that enable the Oracle Database to store the semantic content of documents, images, and other unstructured data as vectors, and use these to run fast similarity queries. These new capabilities also support Retrieval Augmented Generation (RAG), a breakthrough generative AI technique that combines large language models (LLMs) and private business data to deliver responses to natural language questions. RAG provides higher accuracy and avoids having to expose private data by including it in the LLM training data.

Key Points:

LAS VEGAS, Sept. 19, 2023 /PRNewswire/ -- Oracle CloudWorld -- Oracle today announced its plans to add semantic search capabilities using AI vectors to Oracle Database 23c .
By adding AI Vector Search to Oracle Database, we enable customers to quickly and easily get the benefits of artificial intelligence without sacrificing security, data integrity, or performance.
In addition, the Oracle Database 23c Free—Developer Release, available since April 2023, has been refreshed with the latest version of Oracle Database 23c.
A new streaming insert and AI vector embedding capability enables Oracle GoldenGate 23c to capture, move and generate AI vector embeddings in real-time for enterprise data transactions for use by generative AI and analytics.

Edge Total Intelligence Inc. Reports Second Quarter 2023 and Consolidated 2023 Results

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星期三, 八月 30, 2023

ARLINGTON, Va., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Edge Total Intelligence Inc. (TSXV: CTRL, OTC: UNFYF, FSE: Q5i)(“edgeTI”, “we”, “our” or the “Company”), a leader in real-time digital operations, announces operating and consolidated results for the second quarter 2023 (“Q2-2023”).

Key Points:

ARLINGTON, Va., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Edge Total Intelligence Inc. (TSXV: CTRL, OTC: UNFYF, FSE: Q5i)(“edgeTI”, “we”, “our” or the “Company”), a leader in real-time digital operations, announces operating and consolidated results for the second quarter 2023 (“Q2-2023”).
The Company’s related financials and management discussion and analysis for the second quarter 2023 are posted on its profile on SEDAR+ ( www.sedar.com ) and OTC Markets .
Subscription revenue grew 10% to $894,732 for Q2-2023 from $814,749 the quarter ending June 30, 2022 (“Q2-2022”) as six months ended subscription revenue reached $1,808,864.
On May 9, 2023 the Company formed a strategic partnership with Grokstream, LLC ("Grokstream"), a leader in artificial intelligence for IT operations (AIOps).

Data Pipeline Automation Platform Improves Engineering Efficiency up to 700% and Eliminates At Least $156K in Annual Tooling Costs, According to ESG Economic Impact Report

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星期三, 八月 16, 2023

Data mesh, Human, Pain, BigQuery, Collection, Machine learning, Engineering, Snowflake, ESG, Ecosystem, Automation, Organization, Databricks, Retail, Sales, Ascend

MENLO PARK, Calif., Aug. 16, 2023 /PRNewswire/ -- Ascend.io, the leader in data pipeline automation, today released an economic analysis report conducted by Enterprise Strategy Group (ESG) of its Data Pipeline Automation Platform. The analysis found that the platform delivers multiple economic benefits, including major improvements to the productivity of data analytics teams, reduced overall cloud infrastructure costs, lower data platform tooling costs, and greater pipeline reliability.

Key Points:

The analysis found that the platform delivers multiple economic benefits, including major improvements to the productivity of data analytics teams, reduced overall cloud infrastructure costs, lower data platform tooling costs, and greater pipeline reliability.
These data pipelines span multiple stages of data preparation, often involve blending data from several different cloud services, and are interdependent on each other.
Ascend's platform addresses this pain by automating up to 80% of repetitive data engineering tasks as reported by Ascend customers interviewed by ESG for this report.
Improved data team productivity: Reducing the labor required to achieve the same outcome is super-charging data teams' throughput thanks to automation.