Key Takeaways OUTFRONT partners with AWS to modernize OOH advertising with AI-driven planning and measurement.The effort connects OOH with digital, mobile and connected TV through programmatic integration.Collaboration with MadConnect aims to standardize OOH inventory, boosting efficiency and transparency.OUTFRONT Media Inc. (OUT) recently announced a strategic partnership with Amazon Web Services (AWS) to upgrade how out-of-home (OOH) advertising is planned and bought. The goal is to make the entire proces ...

This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. Dive Brief: Whataburger selected Rohit Kapoor to serve as its EVP and chief digital and technology transformation officer, the company said Wednesday. Kapoor will join the company Oct. 27, reporting to CEO and President Debbie Stroud.  Kapoor comes to the Texas-based burger chain after a three-year stint as EVP and CIO for retailer Claire's. The executive held technology l ...

Financial Data and Key Metrics Changes - IT services revenue for Q2 FY 2026 was $2.6 billion, with a sequential growth of 0.3% in constant currency and a year-on-year decline of 2.6% [6][18] - Adjusted operating margin for the quarter was 17.2%, an improvement of 0.4% compared to the same period last year [6][19] - Net income and EPS grew by 1% year on year, while operating cash flows remained higher than net income at 104% for Q2 [23] Business Line Data and Key Metrics Changes - Americas One grew 0.5% sequentially and 5% year on year, while Americas Two declined 2% sequentially and 5% year on year [20] - Europe reported a sequential growth of 1.4% but a year-on-year decline of 10.2% [21] - APMEA grew 3.1% sequentially and 2.6% year on year, with strong performance in India, Australia, and Southeast Asia [21] - BFSI sector showed sequential growth of 2%, driven by Europe and APMEA [85] Market Data and Key Metrics Changes - The healthcare sector is undergoing structural changes, impacting performance, but remains a strong performer for the company [9][88] - Consumer, energy, and manufacturing sectors are facing tariff uncertainties, leading to reevaluation of supply chains [9] Company Strategy and Development Direction - The company is focusing on AI adoption and vendor consolidation as key strategies for growth [9][10] - Wipro Intelligence, a unified suite of AI-powered platforms, is being introduced to enhance client capabilities [13][14] - The company aims to maintain operational discipline while converting a strong backlog into revenue [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in future growth, particularly in BFSI, as large deals begin to ramp up [30][31] - The company anticipates a sequential IT services revenue growth of -0.5% to +1.5% in constant currency for Q3 [16][24] - Management acknowledged headwinds from large deal ramp-ups and seasonal factors affecting Q3 performance [35] Other Important Information - The Harman Digital Transformation Solutions acquisition is expected to close in the upcoming quarter, but revenues from this acquisition are not included in current guidance [24] - The company is actively investing in growth, which may pressure margins in the short term [19][35] Q&A Session Summary Question: Thoughts on deal to revenue conversion and future growth - Management noted that large deal wins in BFSI are expected to ramp up in Q3, contributing to future growth [28][29] Question: Margin outlook and transition costs - Management indicated that while there are headwinds from large deals, operational improvements and currency fluctuations have positively impacted margins [32][34] Question: Sustainability of year-on-year growth in line with peers - Management expressed confidence in sustaining growth, focusing on executing deal wins and maintaining a robust pipeline [50][52] Question: Clarity on renewal deals and their impact - Management clarified that renewal deals are a mix of renewals and expansions, with some deflationary pressures expected [95][96] Question: Impact of bankruptcy on revenue - Management confirmed that there was no impact on Q2 revenue from the bankruptcy provision made [99]

Core Insights - UK-based lender Ultimate Finance has adopted a virtual asset inspection platform from verifi to enhance its service model through technology [1] - The integration of this platform is expected to improve the asset finance process by utilizing open banking and real-time financial data for quicker lending decisions [1][4] Group 1: Technology Adoption - The self-certifi platform allows customers, brokers, and dealers to conduct asset inspections, leading to significant savings in time and expenses [2] - The platform provides data-driven insights and employs AI to prevent fraud by verifying the existence and condition of assets [2] Group 2: Strategic Partnership - Jonathan Garnett, co-founder of verifi, highlighted Ultimate Finance's reputation for combining tailored lending with a digital approach, making them an ideal partner [3] - The adoption of the virtual inspection technology is expected to automate manual processes, allowing Ultimate Finance to allocate resources towards growth objectives [3] Group 3: Commitment to Innovation - Simon Gregory, head of Asset Finance operations at Ultimate Finance, stated that the collaboration with verifi marks a significant step in their commitment to innovation [4] - The integration aims to enhance the accuracy and efficiency of asset inspections, expediting the verification process and fund release for asset financing [4] Group 4: Implementation Success - Ultimate Finance expressed satisfaction with the smooth implementation of the digital application into their operations and looks forward to continued collaboration with verifi [5] - Kingsley Asset Finance in the UK also integrated verifi's platform recently, aiming to improve digital offerings and service quality for clients and brokers [5]

Financial Data and Key Metrics Changes - Reported revenue for the quarter was $4.6 billion, down 2% year-over-year in constant currency, while system-wide revenue was $4.9 billion [7][11] - Reported EBITDA for the quarter was $74 million, with adjusted EBITDA at $96 million, representing a decrease of 22% in constant currency year-over-year [7][8] - Adjusted earnings per share decreased by 39% year-over-year in constant currency, with reported EPS at $0.38 and adjusted EPS at $0.83 [8][12] Business Line Data and Key Metrics Changes - The Manpower brand experienced a 3% growth year-over-year on an organic constant currency basis, while Experis declined by 7% and Talent Solutions declined by 8% [14] - Gross profit margin for the quarter was 16.6%, with staffing margin contributing a 40 basis point reduction due to a shift towards enterprise accounts [14][16] - The consolidated gross profit decreased by 4% on an organic constant currency basis year-over-year, with Manpower brand reporting flat gross profit [15] Market Data and Key Metrics Changes - Revenue in the Americas segment was $1.1 billion, representing a 6% year-over-year increase on a constant currency basis [17] - Southern Europe revenue was $2.2 billion, reflecting a 1% decrease in organic constant currency [20] - The Asia-Pacific Middle East segment saw revenues of $521 million, representing an 8% increase in organic constant currency [23] Company Strategy and Development Direction - The company is focused on digitization and standardization across operations, with significant progress in global business services initiatives [28][29] - The implementation of AI, particularly the Sophie AI platform, is expected to enhance operational efficiency and client outcomes [30][56] - The company aims to balance cost containment with strategic investments to strengthen capabilities and expand margins [9][29] Management's Comments on Operating Environment and Future Outlook - Management noted a cautious hiring environment with stabilization signs, particularly in North America and Europe, despite geopolitical tensions [4][9] - The outlook for the fourth quarter anticipates ongoing stability in most markets, with EPS guidance in the range of $0.78 - $0.88 [26] - There is cautious optimism for improved economic conditions in 2026, particularly in Europe and North America [46] Other Important Information - Free cash flow for the quarter was $45 million, down from $67 million in the prior year, with capital expenditures at $15 million [24][25] - The company ended the quarter with cash of $275 million and total debt of $1.2 billion, reflecting an improvement in net debt [25] Q&A Session Summary Question: When business confidence improves, would there be an early cycle pickup in flexible staffing volumes? - Management indicated that the current labor market is "frozen," with little hiring or workforce reductions, but there are signs of stabilization and potential growth if employer confidence returns [33][34] Question: Can you discuss the trends seen in the quarter and any volatility due to economic conditions? - Management noted improvements in France and Italy, with stable performance in the U.S., although some volatility was observed due to previous large RPO volumes [38][40] Question: Are there any price pressures or mix issues impacting gross profit? - Management confirmed that the primary driver of staffing margin pressure is the mix shift towards enterprise clients, with no significant pricing changes observed [42][43] Question: How is political turmoil in France impacting business sentiment? - Management acknowledged that while political uncertainty is not helpful, clients are navigating the environment pragmatically and focusing on talent investments [71][73] Question: What are the drivers of blue-collar staffing outperforming white-collar staffing? - Management attributed the outperformance of the Manpower brand to improving PMI and employer resilience, while noting that the Experis brand is impacted by slower traditional IT project investments [79][81]

Core Insights - Steve Tennant has been appointed as CEO for Europe, the Middle East, and Africa (EMEA) at Grant Thornton Advisors, aiming to enhance service delivery and growth across the region [1][3] - The multinational platform of Grant Thornton Advisors has rapidly expanded across the Americas, Europe, and the Middle East, necessitating a new operating structure [2][4] - Tennant's leadership will focus on deepening cross-border capabilities and delivering multi-jurisdictional support to clients [3][5] Company Developments - The Grant Thornton Advisors multinational platform was established in January 2025 and has since expanded through transactions with various professional services firms in France, Spain, and Belgium [4][15] - The platform aims to provide seamless cross-border advisory and tax services, supported by independent audit practices and significant investments in technology and talent [5][8] - Grant Thornton Advisors is backed by an investor group led by New Mountain Capital, which manages approximately $55 billion in assets [6] Leadership and Strategy - Tennant's appointment reflects his proven leadership in innovation and client-centric growth, having previously served as managing partner of Grant Thornton Ireland since January 2024 [3][5] - The new operating structure will allow for a unified multinational platform that enhances collaboration and innovative capabilities across regions [5][8] - The platform is designed to deliver a singular client experience, leveraging a workforce of over 15,000 professionals [8]

ST. PETERSBURG, Fla., Oct. 16, 2025 (GLOBE NEWSWIRE) -- Momentive Software, the leading provider of cloud-based software, services, and payment solutions for purpose-driven organizations, today released its 10th Annual Associations Trends Research Report, “Bridging the Gap: Aligning Association Professionals and Members for Success”. This year's report highlights avenues for associations to drive deeper engagement by leaning into tech-driven innovation, expanding career resources, and elevating education wi ...

Core Insights - Alithya Group inc. has been recognized as a finalist in the 2025 Oracle Partner Awards in the Global Industry Solutions category for Health and Life Sciences [1][2] Group 1: Recognition and Achievements - The nomination is attributed to Alithya's successful implementation of Oracle Fusion Cloud Workforce Scheduling at Oklahoma State University Medical Center (OSUMC), marking it as the first healthcare client to launch this Oracle solution [2][3] - Alithya has been a certified Oracle partner for over 25 years, continuously evolving its practices to leverage new tools and capabilities [3][4] Group 2: Implementation Outcomes - Since going live in April 2025, the implementation has resulted in a 20% improvement in the time required to close financial books and a 12% reduction in manual journal entries per period [3] - The consolidation of five legacy systems has streamlined operations across Finance, Supply Chain, HR, and IT at OSUMC [3] Group 3: Operational Benefits - The deployment of Oracle Fusion Cloud Workforce Scheduling has modernized key operational processes at OSUMC, enabling employees to manage their schedules and providing managers with real-time insights [4] - This centralized approach has led to reduced errors, improved staff satisfaction, and cost savings through accurate payroll integration and enhanced coverage [4] Group 4: Company Expertise - Alithya's Oracle Practice combines implementation and advisory services, helping customers manage their organizations more efficiently by integrating financial, operational, human resources, and supply chain planning [4] - The practice is supported by over 300 certified consultants and multiple Oracle ACEs, showcasing the company's commitment to delivering value through Oracle technologies [4]

Core Insights - Finshape has entered a strategic collaboration with Systems Limited – Middle East & Africa (Techvista Systems) to enhance digital banking solutions in the GCC region [1][4] - The partnership aims to provide tailored customer experiences and drive digital transformation initiatives for banks [4][5] Company Contributions - Systems Limited brings experience in creating secure and scalable tech platforms for the financial industry, having supported the digital transformation of several Middle Eastern banks [2] - Finshape contributes its AI-ready digital bank operating system (DBOS), which integrates IT and business processes for a consistent customer experience [3] Strategic Goals - The collaboration is expected to improve banks' agility in adapting to market trends and consumer behavior [4][6] - The partnership is committed to fostering local tech ecosystems through the exchange of technology and expertise [5]

Group 1 - The financial industry is accelerating its digital transformation, leading to a heightened demand for technology talent skilled in AI, big data, and blockchain [1][2] - Commercial banks are focusing on recruiting technology professionals to build a talent "moat" for their digital transformation efforts, with AI and big data specialists being the primary targets [1] - Agricultural Bank of China plans to recruit nearly 500 technology professionals for roles in system architecture, development, information security, and big data analysis [2] Group 2 - Insurance companies are increasingly competing for technology and algorithm talent, particularly in the AI sector, reflecting the industry's urgent need for digital transformation [2][3] - The "AI Star Program" by Taikang Insurance aims to integrate AI solutions into financial and healthcare scenarios, highlighting the focus on innovative business growth [2] - Collaboration between financial institutions and universities is essential for cultivating high-quality fintech talent, emphasizing the need for interdisciplinary education in finance and technology [3]