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Jio Financial Services Appoints Venkata Peri As Group COO
Inc42 Media· 2025-12-17 14:48
He has previously worked with firms such as IBM, Deloitte and PwC, and has advised boards and top executives on finance, risk, technology and analytics, mainly in banking and insurancePeri had been assisting the fintech company’s CEO, CTO, and analytics head to establish the foundation to design and deploy AI and Analytics capabilities in that capacityFintech major Jio Financial Services (JFS) has appointed Venkata Narasimham Peri as its group chief operating officer. The board approved the appointment on D ...
Cloudera 通过统一平台加速 AI 与分析项目进程,实现安全、可控且高效的数据管理
Globenewswire· 2025-09-26 11:51
Core Insights - Cloudera has announced updates to its platform, focusing on the Cloudera Iceberg REST Catalog and Cloudera Lakehouse Optimizer, enhancing its commitment to providing the best open data lakehouse based on Iceberg technology [1][2] Cloudera Iceberg REST Catalog - Cloudera is the first and only vendor to integrate Iceberg REST Catalog into a full lifecycle data and AI platform, enabling secure, zero-copy data sharing and unified governance across any cloud environment or data center [2][3] - The new service allows third-party engines to access Cloudera-managed data without the need for data copying or movement, ensuring consistent policy enforcement and metadata intelligence [2][3] - Customers using Iceberg can connect seamlessly with leading analytics and AI engines such as Snowflake, Databricks, AWS Athena, AWS EMR, and Salesforce, while achieving ACID compliance and unified access policies [3] Cloudera Lakehouse Optimizer - The Cloudera Lakehouse Optimizer is a new intelligent service that automates optimization and list maintenance for Apache Iceberg within Cloudera's lakehouse [4] - This service eliminates the need for manual data management tasks, allowing customers to focus on deriving insights from data, and is applicable to any public cloud with Iceberg-compatible engines [4] - Internal benchmarks indicate that the service can enhance query performance by up to 13 times and reduce storage costs by 36% [4] Company Commitment - Cloudera's Chief Product Officer emphasized the company's role as a pioneer in the big data industry, continuously investing in Apache Iceberg to enhance its enterprise application capabilities [5] - The updates reflect Cloudera's commitment to providing flexible, scalable insights at critical times and locations, earning the trust of top global enterprises [5] Availability - The Cloudera Data Sharing powered by Iceberg REST Catalog and Cloudera Lakehouse Optimizer are now fully launched [6]
Cogeco Communications (OTCPK:CGEA.F) FY Conference Transcript
2025-09-09 16:17
Cogeco Communications FY Conference Summary Company Overview - **Company**: Cogeco Communications (OTCPK:CGEA.F) - **Date of Conference**: September 09, 2025 Key Points Restructuring and Organizational Changes - The company has successfully merged its two operating units into one organizational structure, moving from three org charts to one, which is expected to enhance operational efficiency [4][7] - The restructuring is a multi-year project aimed at reducing operational and capital expenditures, with savings ahead of plan for the first year [7] Wireless Market Performance - Cogeco's entry into the wireless market in Canada has exceeded expectations, launching in 13 markets with sales surpassing internal targets [5][6] - The company is pulling back on initial promotional offers due to strong early sales velocity [6] - In the U.S., customer losses have been noted, but there is growing confidence in reversing these trends by applying successful Canadian practices [6][10] Strategic Priorities - Key strategic priorities include scaling wireless services profitably, turning around U.S. subscriber trends, and continuing the three-year transformation plan [10] - The company aims to grow cash flow to $600 million within two years, which will support dividend growth and debt reduction [7][8] Competitive Environment - A more constructive competitive environment has been observed in Canada, with major competitors reducing promotional activities, which is seen as beneficial for average revenue per user (ARPU) [12] - Fixed wireless access (FWA) has posed some challenges, particularly in Quebec, but overall, the impact is manageable [14] Product Strategy - The company maintains an internet-first strategy, with continued offerings in video and voice, despite declines in those segments [16] - The oxio brand, a digital-only internet provider, is performing well and is being used to drive digital transformation within the company [18][19] Regulatory Challenges - Cogeco has been vocal against the TPIA (Telecommunications Policy Act) in Canada, arguing it is detrimental to regional players and creates an unbalanced competitive landscape [27][30] - The company is pursuing legal action to address these regulatory issues and is advocating for a more equitable framework [29][30] U.S. Market Insights - The U.S. market remains competitive, with challenges from fixed wireless players and fiber upgrades from former DSL providers [35] - The company is optimistic about improving customer trends in the U.S. through better execution and the application of successful Canadian strategies [34][38] M&A and Financial Outlook - Currently, there are no major acquisition plans, but small tuck-in acquisitions may be considered in the future [44] - The company aims to maintain steady dividend growth, with a focus on reducing leverage to around 2 turns in the midterm [45] Conclusion - Overall, Cogeco Communications is focused on leveraging its restructuring efforts to enhance operational efficiency, grow its wireless business, and navigate competitive and regulatory challenges while maintaining a strong financial outlook [10][45]