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Items filtered by date: June 2022 - CIMdata
DXC Technology announced that it will release financial results for the first quarter of fiscal year 2023 on Wednesday, August 3, 2022, at approximately 4:15 p.m. Eastern Daylight Time (EDT). DXC Technology senior management will host a conference call and webcast on the same day at 5:00 p.m. EDT. The dial-in number for domestic callers is 888-330-2455. Callers who reside outside of the United States should dial +1-240-789-2717. The passcode for all participants is 4164760. The webcast audio and any presentation slides will be available through a link posted on DXC Technology’s Investor Relations website. A replay of the conference call will be available until August 10, 2022, at 800-770-2030 for domestic callers and at +1-647-362-9199 for international callers. The replay passcode is 4164760. A transcript of the conference call will be posted on DXC Technology’s Investor Relations website. Search for DXC Technology on CIMdata.com
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SAP SE announced its financial results for the second quarter and half-year ended June 30, 2022. SAP Announces Q2 and Half-Year 2022 Results Cloud revenue up 34% and up 24% at constant currencies to become the largest revenue stream Current cloud backlog exceeds €10 billion, up 34% and up 25% at constant currencies SAP S/4HANA current cloud backlog extends its growth trend, up 100% and up 87% at constant currencies Cloud gross profit up 39% (IFRS), up 38% (non-IFRS) and up 28% (non-IFRS at constant currencies), leading to a strong cloud gross margin expansion IFRS operating profit down 32%, non-IFRS operating profit down 13% and down 16% at constant currencies, primarily due to the impact of the war in Ukraine SAP reaffirms 2022 revenue and free cash flow outlook, updates operating profit outlook range “As our Q2 results demonstrate, SAP’s portfolio is more relevant than ever. Our transition to the cloud is ahead of schedule and we have exceeded
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SAP SE announced that it has acquired Askdata, a startup focused on search-driven analytics. With the acquisition of Askdata, SAP strengthens its ability to help organizations take better-informed decisions by leveraging AI-driven natural language searches. Users are empowered to search, interact and collaborate on live data to maximize business insights. Available in multiple languages, Askdata’s personalized experience connects live to source applications without moving data, while retaining the complete business context to return meaningful answers and proactive insights. “The data and analytics market is evolving, and it is imperative that we provide simpler user experiences that will empower casual users to be able to make data-driven decisions independently,” said Irfan Khan, president and Chief Product Officer, SAP HANA Database & Analytics, SAP. “The ability to cater to a wide range of user profiles will be the primary driver of data and analytics adoption. Askdata provides SAP with a path to lead this transition to
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Campfire Interactive, Inc. (Campfire), provider of the leading solution for portfolio profitability management, announces that Scott Whetter has joined the company as Vice President of Sales & Strategy, Automotive. In this capacity Mr. Whetter is responsible for continuing to build upon the company’s record growth from providing solutions within the automotive supplier market. Throughout his career, Mr. Whetter has accumulated significant experience within the automotive industry having worked at Ford Motor Company and having held leadership positions with ZF, Siemens VDO Automotive, The Woodbridge Group, and North American Stamping Group. His background includes general management, global sales and key account management, and engineering along with other operational roles. Whetter explained that his familiarity with the Campfire Interactive team and products contributed significantly to his decision to join the company. “With product volumes down and supply chain disruptions, automotive suppliers face a difficult market environment,” said Whetter. “Campfire enables these businesses to meet the rising challenges
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Capgemini Invent, the digital innovation, design and transformation brand of the Capgemini Group, together with Boston University Questrom School of Business, announced the Capgemini Invent Scholarship Fund. Established in memory of Alessandro Di Fiore, the scholarship will support generations of business students in their pursuit of management education. This fund will provide annual, need-based scholarship awards to one or more deserving undergraduates at the Questrom School of Business honoring the outstanding contribution of the late Alessandro Di Fiore (1965-2021) to the world of management practice. As part of the Century Challenge, Boston University will match the income from the scholarship fund over the next 100 years. Di Fiore was an influential voice in strategy and innovation, recognized for developing the concept of the insight-driven organization and a leading thinker on the power of democratization. He was the founder and CEO of the European Center for Strategic Innovation (ECSI), a management research and advisory center, which became
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Larsen & Toubro Infotech, a global technology consulting and digital solutions company, has won the ‘Supplier of the Year’ award at the Honda Indirect Procurement Supplier Conference in Dublin, OH. LTI has also won the ‘Challenging Spirit’ award for the third year in a row, a title that recognizes commitment to Honda’s core value of embracing a challenging spirit ‘above and beyond’ expectations to ensure the success and/or delivery of a service, product, or a project. LTI belongs to a stellar list of 22 suppliers that were selected from more than 5,000 North American indirect procurement suppliers that provide a wide variety of equipment, products, and services supporting Honda’s U.S. business operations and the manufacturing of automobiles, engines, transmissions, power sports, and power equipment products in America. Rohit Kedia, Chief Business Officer, Manufacturing and Consulting Services, LTI said, “We are truly proud of this recognition, and what makes it even more special
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Gebauer & Griller (GG Group) and CENIT have agreed to collaborate on creating a global, digital process platform that will drive the company’s product engineering. A software solution by CENIT integrates the platform components built on standard products by SAP and Dassault Systèmes. In modern economies, energy and information are two of the most valuable commodities. Millions of people rely on the easy flow of energy and data, whether in their own vehicles or industry at large. As a leading producer of cables and cable harnesses for automotive and industrial applications and as partner to premium car makers, GG Group has evolved into a major global player in the field of electric mobility. To meet – and keep meeting – demand in this growth sector, GG (approx. 4000 employees) decided to transform its approach to digital product development. To succeed in this strategic venture, the Austrian innovation leader is relying on expertise by IT
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Blackline Safety Corp., a global leader in connected safety technology, announced a new water and wastewater company in the United Kingdom has selected Blackline Safety’s technology to protect its people and support its digital transformation. This marks the sixth out of the UK’s 12 water and wastewater companies to now use Blackline’s cloud-connected gas detection products and services. Blackline Safety’s technology was selected through a highly competitive and rigorous tender process. The three-year award includes an option to extend for an additional five years of service, which would bring the total value to over $4.2 million. The utility will replace their existing gas detection units with over 2,600 Blackline Safety G7c wearable devices and associated services. “As one of Britain’s largest water companies with operations across more than 100 sites, this water authority needed a flexible, multifunctional safety solution to accommodate the diverse risks and work situations their people face while supporting
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Infor, the industry cloud company, announced that Brandili, a Brazilian textile company founded more than 55 years ago, is implementing Infor CloudSuite Industrial Enterprise to digitally transform its business. Brandili selected Infor LN as its ERP, and Infor OS, a low-code platform that enables easy integration with other software, providing a comprehensive and integrated solution connected to several other systems. Implementation of Infor CloudSuite enables Brandili to have a centralized database with information such as purchases, including prices, quantity, terms, suppliers, and taxes, minimizing manual errors and evaluating production costs. Infor OS is a low-code platform that facilitates integration of ERP with other IT solutions used by Brandili, both Infor and third-party solutions. This characteristic is mentioned by Gartner in its Magic Quadrant for Cloud ERP for Product-Centric Enterprises. OS also adds Infor ERP tools such as business intelligence, business analytics, artificial intelligence (AI) and machine learning to help automate processes in business management. All
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Agiloft, the global standard in contract lifecycle management (CLM), and Mainspring Consulting Group, a leading services provider of innovative business solutions for the Middle Office, today announced a strategic partnership to drive expansion of Agiloft’s Contract Lifecycle Management Suite across several high-growth sectors. Mainspring will offer services to implement, maintain, and then drive adoption of Agiloft’s AI-driven Contract Lifecycle Management (CLM) software. Mainspring works with municipalities and multinational clients across many highly regulated verticals, including Health Life Sciences, Finance, High Tech, and others. By combining industry best practices, proven technology, and rigorous systems implementation, its teams deploy innovative business solutions that increase profits and shareholder value while minimizing risk. “Mainspring is a great example of the expertise that is available throughout Agiloft’s partner network,” said Elisabeth Bykoff, VP of Agiloft’s Global Alliances. “Their experience of helping organizations streamline their contracting processes, and then maximize the returns they see on their contracts, is seriously impressive.
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