Industry Summary Articles

Tata Consultancy Services (TCS) has launched a new Cyber Insights Platform that leverages AI and Amazon Security Lake to help customers enhance their cyber security and compliance.  The Cyber Insights Platform leverages TCS’ expertise in managed detection and response to help customers unify diverse security datasets residing across public and…

Accenture has acquired Innotec Security, a privately held company specializing in cybersecurity-as-a-service, cyber resilience and cyber risk management, expanding its capabilities and footprint in Spain. Innotec Security was previously owned by parent company Entelgy Group. Financial terms were not disclosed. Founded in 2002 and headquartered in Madrid, Spain, Innotec Security is one…

The CENIT Group continues to be on course for growth. Continued strong consulting and service business (vs. previous year: +40.2%) as well as increased recurring sales (vs. previous year: +5.9%) determined the sales growth after nine months (vs. previous year: +EUR 17,442 k/+15.1%). The consulting and service business was able…

ANSYS, Inc. reported third quarter 2023 GAAP and non-GAAP revenue of $458.8 million, a decrease of 3% in reported currency, or 4% in constant currency, when compared to the third quarter of 2022. For the third quarter of 2023, the Company reported diluted earnings per share of $0.64 and $1.41 on a GAAP and non-GAAP basis,…

DXC Technology reported results for the second quarter of fiscal year 2024. Mike Salvino, DXC Chairman, President and Chief Executive Officer commented: "We are pleased with our Q2 financial performance, where we began to demonstrate the benefits of our new operating model as we move the company from stability to…

FARO® Technologies, Inc., a global leader in 4D digital reality solutions, announced its financial results for the third quarter ended September 30, 2023. "Third quarter financial performance with revenue of $86.8 million and non-GAAP EPS of $0.02, exceeded the high-end of our expectations driven by a combination of moderate improvements in end market demand and operational…

Informatica, an enterprise cloud data management leader, announced financial results for its third quarter 2023, ended September 30, 2023. "Q3 represented another strong step forward as we accelerate our cloud-only, consumption-driven strategy. Our team delivered another quarter exceeding guidance for the top and bottom line as we help customers increase…

Procore Technologies, Inc., the leading global provider of construction management software, announced financial results for the third quarter ended September 30, 2023. “We remain excited about the long-term opportunity ahead of us, as we continue to deliver technology that drives the efficiency and productivity gains that are critical for our…

PTC reported financial results for its fourth fiscal quarter and full year ended September 30, 2023. “In our fourth fiscal quarter, we again delivered solid ARR and cash flow results. We reported ARR growth of 26%, organic ARR growth of 15%, and organic constant currency ARR growth of 13%. Our ServiceMax®…

Stratasys Ltd. will release financial results for the third quarter, 2023 on Thursday, November 16, 2023. The Company plans to hold the conference call to discuss its third quarter 2023 financial results on Thursday, November 16, 2023, at 8:30 a.m. (ET). The investor conference call will be available via live…