Core Insights - Tech Mahindra has partnered with ServiceNow to deliver next-generation broadband solutions for Communication Service Providers (CSPs) [1][5] - The partnership aims to enhance operational efficiencies and accelerate broadband rollouts by leveraging advanced technologies [2][3] Company Overview - Tech Mahindra is a global provider of technology consulting and digital solutions, focusing on the telecommunications sector [1] - The company is expanding its presence in the global broadband market, addressing the need for modernized systems and improved operational agility [3] Partnership Details - The collaboration utilizes Tech Mahindra's netOps.now platform, integrating various operational aspects for CSPs [2] - The solution includes AI-driven analytics, Network-as-a-Service (NaaS), and intelligent automation to streamline operations [2] Operational Impact - CSPs can improve operational efficiencies by up to 50% and achieve faster time-to-market for broadband services [2] - A recent implementation for a FibreCo in Germany resulted in a 20% reduction in fiber rollout time and significant decreases in order fallouts [4] Market Positioning - The partnership positions both companies to drive digital inclusion and seamless connectivity in the broadband market [5] - The next-generation broadband solution is expected to unlock new opportunities and promote sustainable growth [5]

Leading artificial intelligence (AI) companies are seeing growing demand that points to a lucrative opportunity. Investors who keep a long-term perspective and take advantage of market dips to buy shares of competitively positioned companies at discounts will be in the best position to profit from this opportunity.Here are two AI stocks trading down from their recent highs that could be worth a lot more in 10 years.1. NvidiaNvidia's (NVDA 0.31%) breakneck innovation in the AI chip market has powered its way ...

Core Insights - The competitive landscape in IT Service Management (ITSM) is evolving due to the rise of agentic AI, with predictions that by 2029, 80% of general customer issues will be resolved autonomously, leading to a 30% cost reduction [2] Company Analysis: ServiceNow (NOW) - ServiceNow's Now Platform integrates Now Assist, its AI solution, enhancing productivity across various domains such as CRM, HR, and IT [3] - The company has a strong partner ecosystem, including Amazon, NVIDIA, Microsoft, and DXC Technology, which aids in expanding its offerings [4] - As of Q4 2024, ServiceNow had 2,109 customers with over $1 million in annual contract value, reflecting a 14% year-over-year growth [5] - ServiceNow's subscription revenue is projected to be between $12.635 billion and $12.675 billion for 2025, indicating an 18.5% to 19% increase from 2024 [12] - The consensus estimate for ServiceNow's 2025 earnings has declined by three cents to $16.21 per share, suggesting a 16.45% growth over 2024 [15] - ServiceNow shares have dropped 23.5% year-to-date, impacted by unfavorable forex and a back-end loaded federal business [9][12] Company Analysis: Atlassian (TEAM) - Atlassian has integrated AI features across its major products, resulting in over one million monthly active users engaging with these features daily [6] - The company reported a 40% year-over-year increase in sales for its Premium and Enterprise editions, driven by higher-value AI-infused products [6] - Atlassian's partnership with Microsoft-backed OpenAI enhances its product capabilities, particularly in Confluence and Jira Service Management [7] - The company closed a record number of deals worth over $1 million in Q2 of fiscal 2025, indicating strong enterprise penetration [8] - Atlassian expects revenues to grow by 18.5% to 19% year-over-year in fiscal 2025, with a non-GAAP gross margin of 84.5% and an operating margin of 23.5% [13] - The consensus estimate for Atlassian's 2025 earnings is $3.47 per share, reflecting an 18.43% increase over fiscal 2024 [14] Valuation Comparison - Both companies are considered overvalued, with Atlassian trading at a forward Price/Sales ratio of 9.6X, compared to ServiceNow's 12.23X [17] Conclusion - Atlassian's strategy of leveraging AI for enterprise growth positions it favorably, while ServiceNow faces potential volatility in its growth trajectory due to external factors [20]

Select results for the year ended December 31, 2024: Q4 2024 revenue was $10.9 million, up 94% Y/Y excluding recent divestitures On a reported basis, Q4 2024 revenue increased 8% Y/Y Q4 2024 Net Income was $0.6 million, up 115% Y/Y excluding recent divestitures On a reported basis, Q4 2024 Net Income increased by 116% Y/Y Q4 2024 Adjusted EBITDA was $2.6 million, up 225% Y/Y 2024 FY Cash flows from operations were $2.8 million Revenue was $10.9 million in the three months ended December 31, 2024 ("Q4 2024") ...

NOW REVERSES EARLY WEAKNESS AFTER ALERT FROM TRADEPULSE CLIMBS OVER 30 POINTS By incorporating order flow analytics into their trading strategies, market participants can better interpret market conditions, identify trading opportunities, and potentially improve their trading performance. But let's not forget that while watching smart money flow can provide valuable insights, it is crucial to incorporate effective risk management strategies to protect capital and mitigate potential losses. Employing a consi ...

Company Overview - ServiceNow stock experienced a price target cut from analyst Joel Fishbein of Truist Securities, reducing the fair value assessment by $150 to $950 per share while maintaining a hold recommendation [2] - This marks the second price target reduction within a week, following a similar cut by Rob Oliver of Baird, who lowered his target from $1,200 to $1,010 while keeping an outperform recommendation [4] Industry Context - The price target reductions are part of a broader analysis of the infrastructure and security software segments within the tech industry, which are facing downward pressure due to uncertainty over policy decisions from the Trump administration [3] - The uncertainty is particularly impactful as government clients are significant for companies in these sectors, leading to cuts in earnings estimates [3] Analyst Sentiment - There is a divergence in analyst sentiment, with one analyst leaning towards a more bullish outlook on ServiceNow, suggesting the company can withstand potential business impacts from the prevailing uncertainty [5]

TORONTO, March 27, 2025 (GLOBE NEWSWIRE) -- NowVertical Group Inc. (TSXV: NOW) ("NowVertical" or the "Company"), a leading data and AI solutions provider, will announce its 2024 fourth quarter and full year financial results before the market open on Wednesday, April 2, 2025. This will be followed by a webinar at 10:00 AM ET (7:00 AM PT) on Wednesday, April 2, 2025, to discuss the Company's financial results and provide a business outlook. Q4 and FY 2024 Financial Results Investor Webinar: NOW invites share ...

The BPaaS solution is designed to streamline the dispute resolution process and enhance customer satisfaction TEANECK, N.J., March 27, 2025 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) announced today the launch of an AI-powered dispute management solution in partnership with ServiceNow (NYSE: NOW). This Business Process as a Service (BPaaS) offering is specifically designed for mid-market banks in North America with the goal of streamlining the dispute resolution process and enhancing customer satisfaction.Mid ...

Core Viewpoint - Investors reacted negatively to ServiceNow's stock following a price target cut by an analyst, despite the analyst's overall optimistic outlook for the company [1][2]. Price Target Adjustments - Analyst Rob Oliver from Baird reduced his price target for ServiceNow from $1,200 to $1,010 per share, a significant decrease of $190, while maintaining an outperform (buy) recommendation [2][3]. - Similar adjustments were made by other analysts, such as Allan Verkhovski from Scotiabank, who lowered his fair-value assessment from $1,230 to $1,050, also keeping a buy recommendation [3]. Company Ambitions - ServiceNow's recent $2.85 billion acquisition of AI developer Moveworks reflects the company's ambitious goals and management's commitment to pursuing significant growth opportunities [4].

TORONTO, March 24, 2025 (GLOBE NEWSWIRE) -- NowVertical Group Inc. (TSXV: NOW) ("NowVertical" or the "Company"), a leading data and AI solutions provider, today announced that it has retained Bristol Capital Ltd. ("Bristol"), a leading investor relations firm specializing in Canadian and U.S. micro- and small-cap companies globally, to provide investor relations and communication services. Bristol has been engaged by the Company for an initial period of 12 months (the "Initial Term"), which will be automati ...