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Unity Software Partners With Globant to Enhance Global Tech Adoption
ZACKS· 2025-08-21 18:40
Core Insights - Unity Software Inc. has entered a global partnership with Globant S.A., making Globant a member of Unity's Service Partner Program, which is expected to enhance Unity's market presence and product integration [1][4] Partnership Details - The partnership allows Globant to assist enterprises in utilizing Unity's real-time 3D technology and digital asset management solutions, aimed at accelerating product development and enhancing customer engagement [2] - Key focus areas of the collaboration include digital twins for manufacturing, immersive training tools for healthcare, and advanced visualization platforms for automotive and industrial clients [3] Strategic Implications - Unity is making partnerships a central part of its turnaround strategy, emphasizing long-term growth opportunities rather than just product adoption [5] - The company is also strengthening its ties in industries beyond gaming, such as automotive and healthcare, with notable integrations in BMW and Mercedes-Benz systems [6] Financial Performance - Unity's stock has surged 65.5% over the past three months, outperforming the Zacks Internet - Software industry, the Zacks Computer and Technology sector, and the S&P 500 index [8][9]
Starbucks moves to the next phase in its turnaround: Winning over employees
CNBC· 2025-06-15 12:00
Core Insights - Starbucks is implementing a turnaround strategy under CEO Brian Niccol to revitalize sales and improve employee morale, focusing on enhancing customer experience and internal promotions [2][4][5] Group 1: Turnaround Strategy - The strategy includes retooling marketing, improving staffing, addressing mobile app issues, and making cafes more inviting [4] - Starbucks has introduced a new coffee called the 1971 Roast, symbolizing a return to its roots [3] - The company aims to restore its culture by reversing previous decisions, such as reintroducing seating in cafes after removing 30,000 seats [10][11] Group 2: Employee Engagement - Niccol's plan emphasizes giving store managers more control over staffing and product testing, with an increase in assistant managers in North America [6][12] - The company aims to raise the percentage of internal promotions for retail leadership roles from 60% to 90% [12] - Concerns about staffing have led to a wave of union elections, prompting the company to adopt a new labor model to improve service and employee experience [13][14] Group 3: Leadership and Culture - The Leadership Experience event gathered over 14,000 store leaders, marking the first such event since 2019, highlighting the importance of connection and community [9] - Former chairwoman Mellody Hobson and former CEO Howard Schultz received significant applause, indicating their lasting influence on the company [17][20] - Schultz endorsed Niccol's "back to Starbucks" initiative, encouraging managers to embody the company's core values [22][23]