NTT DATA’s mother company NTT is taking it private. NTT will acquire the remaining 42.3% stake it doesn’t own in the IT services and data centre services unit for $16.4 billion.
For the full year, NTT DATA has just announced net sales were up 6.2%, while the operating profit rose 4.6%.
-ServiceNow has made its second AI acquisition of the year, after capturing Moveworks in March for $2.9 billion. It is now buying cloud-native enterprise data catalogue and governance platform provider data.world for an undisclosed amount.
data.world’s platform brings data producers and data consumers together to build a “culture of data at their organisations”. Existing customers include Associated Press, Penguin Random House, and satellite operator Eutelsat OneWeb.
-Infrastructure services firm Kyndryl posted full-year sales down 4% to $15.1 billion in constant currency, and the pre-tax profit was $435m – a return to profitability from the pre-tax loss of $168m last year.
-Cologne-based startup dataMatters, a spin-off from RWTH Aachen University, has introduced urbanOS, which it claims is the world’s first operating system for smart cities.
The municipal operating system functions similarly to computer or smartphone operating systems, but is optimised for the "smartification" of urban infrastructure, ranging from traffic management and waste disposal to energy supply and public safety.
According to the company, the "digital town hall" is “highly scalable”, meeting the needs of cities, districts, and municipalities, from small towns to mid-sized cities, and “even large metropolitan areas”.
Similar to modern smartphone operating systems, urbanOS is equipped with an app store. Municipal utilities and private companies can offer their services in the urbanOS app store, allowing service providers to access them for a fee.
-Snyk, the AI-powered security platform, has announced a “major evolution” of its Global Channel & GSI Partner Program - marking a strategic shift from transactional sales to “deep-rooted collaboration”.
With AI security front and centre, Snyk’s updated initiative is designed to equip system integrators, VARs, cloud partners, and distributors with the “structure, support, and financial incentives they need to drive meaningful growth”, said the vendor.
Core to the update is:
-A newly formalised go-to-market structure focused on AI security
-Optimised global resale discounts
-A “revitalised” MDF strategy that directs investment towards “high-growth” AI security opportunities
-Platinum and Gold partners will gain priority access to Snyk-sourced opportunities, and receive dedicated support from regional partner managers
-Business processing specialist Genpact has reported solid first quarter results, with net sales reaching $1.22 billion, representing a 7.4% year-on-year increase.
Adjusted diluted EPS rose 16% to $0.84, and the adjusted operating margin went up to 17.3%.
-Fellow business processing firm Conduent saw a reduction in sales, but an increase in margins.
Adjusted revenue was $751m, down 8.5% year-on-year, but adjusted EBITDA margins increased 50 basis points to 4.9%.
-StorMagic has announced the launch of a new Global Channel Partner Program. Featuring three partnership tiers for VARs and distributors, the programme aims to empower partners to deliver “budget-friendly” and on-site virtualisation solutions.
Participants will be able to deliver solutions that run on existing hardware, support “high availability” on two nodes, and “reduce CapEx and OpEx” – all while capitalising on “the VMware transition and unlocking a new earning potential”.
“StorMagic is committed to helping our partners achieve their business goals by continuously delivering flexible, reliable, affordable virtualisation solutions that help keep our customers’ organisations running,” said Susan Odle, CEO, StorMagic.
“With this enhanced programme, partners are uniquely positioned to help customers solve infrastructure challenges at decentralised locations, including managing migrating seamlessly from Broadcom/VMware, avoiding costly hardware upgrades and introducing more flexibility - all while maximising their productivity and profitability,” said Odle.
-PA Consulting’s fee income dropped 4.7% year-on-year to £753m for the full-year, meaning total revenue for the period declined 2.8% to £928m.
However, adjusted EBITDA for the 12 months ended 31 December went up 6.5% to £218m.
Send Markets news to: a_savvas@yahoo.co.uk
