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Atos successfully deployed its advanced sport technologies for the World Para Swimming and World Para Athletics Championships in Asia
Globenewswire· 2025-10-22 09:59
Core Insights - Atos successfully delivered essential services for the World Para Swimming Championships in Singapore and the World Para Athletics Championships in New Delhi, reinforcing values of inclusion and sporting excellence [1][2][3] Event Details - The World Para Swimming Championships took place from September 21 to 27, 2025, featuring 585 athletes from 74 nations and attracting approximately 19,000 spectators [2] - The World Para Athletics Championships occurred from September 27 to October 5, 2025, with over 1,000 athletes from more than 100 countries competing in 186 medal events [3] Technological Contributions - Atos provided critical data management, IT systems, and operational technology services, enhancing the readiness and deployment capabilities for both events [4] - The company utilized its extensive experience in adaptive sports to ensure fair competition by managing athlete classifications [3][4] Company Background - Atos has over 30 years of experience in serving major sports events, consistently delivering technology excellence across various scales of competitions [6] - The company is a long-standing partner of the Olympic and Paralympic movements, providing IT services for significant events like the Paris 2024 Olympic Games and UEFA Euro 2024 [7] Operational Excellence - Atos implemented on-venue results systems for accurate timing, scoring, and real-time graphic integration for broadcasting [8]
TCS AI breakout stands out as peers meld AI into existing services models
MINT· 2025-10-22 00:35
Core Viewpoint - Tata Consultancy Services (TCS) is pursuing a distinct artificial intelligence (AI) strategy with a $6.5 billion investment in building and managing data centers, setting it apart from its peers in the IT services industry [1][2][4]. Group 1: TCS's AI Strategy - TCS plans to build a 1GW AI data center in India, marking its most significant shift since going public in 2004 [2][4]. - The company aims to become the "world's largest AI-led tech services company" by expanding its presence across the AI technology cycle [4]. - TCS will sell solutions to various clients, including pure-play AI providers, deep tech companies, hyperscalers, the Indian government, and local enterprises [5]. Group 2: Analyst Reactions - Analysts are divided on TCS's strategy, with some viewing it as a small step in the context of global AI investments and India's reliance on US tech giants [7]. - Concerns have been raised about limited synergies with TCS's existing service offerings, as the data center will function as a sovereign colocation site with low technology intensity [8][9]. - Some analysts believe that while this direction could create new revenue streams, it may negatively impact margins, with TCS management indicating it could take 18 to 24 months to generate related revenues [10][11]. Group 3: Competitors' Strategies - Competitors like Infosys, HCL Technologies, Wipro, and Tech Mahindra are integrating AI into their existing software services rather than pursuing a separate infrastructure strategy [3][6]. - Infosys is focusing on enterprise AI projects, having delivered over 2,500 GenAI and 200 agentic AI client projects [11]. - HCL Technologies reported $100 million in AI revenue, becoming the first of the big five to classify business from AI [13]. - Wipro is embedding AI in its solutions and has developed over 200 AI agents and platforms [16]. - Tech Mahindra is working on indigenous AI models for government use, aligning with the India AI Mission [18]. Group 4: Financial Performance - The top five IT services companies, including TCS, Infosys, HCLTech, Wipro, and Tech Mahindra, reported revenues of $7.47 billion, $5.08 billion, $3.64 billion, $2.6 billion, and $1.59 billion, respectively, with sequential growth rates of 0.61%, 2.73%, 2.79%, 0.65%, and 1.41% [19].
Dream of a Digital Pakistan | Badar Khushnood | TEDxCrescent Model School Youth
TEDx Talks· 2025-10-21 15:57
Pakistan's Tech Landscape - Pakistan's digital dream hinges on understanding and improving current systems for Gen Z and Gen Alpha [3] - The country has approximately 30,000 registered tech companies, with 6,000 involved in exports [10] - IT-enabled services and IT services exports are the second largest for Pakistan, contributing about $38 billion annually [10][35] - Roughly half a million freelancers contribute around $500 million to Pakistan's economy each year [10] - Domestic e-commerce has grown to $5 billion annually [13][14] - Pakistani startups have raised $1 billion through venture capital from 2019 to 2022 [14] Challenges and Opportunities - Less than 10% of the 50,000 computer science and engineering graduates in Pakistan are employable, highlighting a quality of education gap [15] - Pakistan has a low entrepreneurship ratio with only 7 million SMEs compared to Nigeria's 40 million [16] - There's a low taxpayer to population ratio, with only 7 million active taxpayers and a significant portion filing zero returns [17][18] - Pakistan's exports are significantly lower than Singapore's despite a much larger population, indicating low productivity per capita [19][20] Recommendations for Improvement - The industry needs to shift from focusing solely on IT services exports to domestic innovation and digital transformation of local businesses [36][37] - Focus on improving teachers' ability to teach and curate content, connecting student welfare to teacher performance [21][22][23] - The industry needs to fix Pakistan's policies when it comes to education and technology [25] - The industry needs to focus inwards, improve fundamentals, and prioritize "Made in Pakistan" before looking outwards [40]
New ePlus AI Industry Pulse Poll Reveals Strategic Shift: AI Moves from Efficiency to Expansion
Prnewswire· 2025-10-21 12:30
Core Insights - Nearly three-quarters of IT and industry leaders now prioritize revenue growth as the main driver of AI initiatives, surpassing cost savings (54%) and increased customer satisfaction (56%) [1][2] - The survey indicates a significant shift in the perception of AI, evolving from a tool for efficiency to a catalyst for innovation and growth [2] - 81% of respondents express concerns about their current IT infrastructure's ability to support advanced AI applications [2][5] AI Adoption and Challenges - 60% of organizations are still in the early-to-mid stages of AI implementation, while only 8% report fully integrated, mature AI deployments [5] - Security remains a top concern, with 90% of leaders citing data privacy leakage as critical and 68% identifying regulatory compliance as a major barrier [5] - Talent shortages are a significant challenge, with 52% of leaders identifying it as a top issue, second only to security and infrastructure concerns [5] Agentic AI Insights - There is a notable gap in knowledge and readiness for agentic AI, with 41% of respondents only slightly familiar and 23% very familiar with the concept [5] - Only 26% are ready and actively investing in agentic AI, while 33% acknowledge the need for greater understanding before committing resources [5] - Opinions on agentic AI are divided, with 33% believing it's too soon to gauge its impact, 26% considering it useful but risky, and 27% viewing it as highly promising [5] Company Commitment - ePlus is dedicated to helping organizations navigate the complexities of scaling AI beyond pilot projects and building infrastructure that ensures peak performance, security, and reliability [2][3] - The company provides guidance, expertise, and adaptable solutions to empower leaders in overcoming challenges and seizing new opportunities in AI [3]
Atos SE (AEXAY) Q3 2025 Sales Call Transcript
Seeking Alpha· 2025-10-21 10:34
Core Insights - Atos Group's Q3 performance aligns with the full year profitability and cash trajectory, indicating a stable financial outlook [3] - The Genesis plan is being implemented to restore strong financial performance, consisting of a two-part project [3] Financial Performance - The management emphasizes that the focus is currently on improving the top line, alongside maintaining cash and cost management [3]
3 E Network Technology Group Limited Announces Closing of US$1.5 Million Convertible Promissory Note Offering
Globenewswire· 2025-10-20 20:45
Core Points - 3 E Network Technology Group Limited has closed an offering of a convertible promissory note amounting to $1,500,000, resulting in gross proceeds of $1,380,000 [1][2] Company Overview - 3 E Network Technology Group Limited is a B2B IT business solutions provider, offering integrated software and hardware solutions primarily for property management and exhibition services [4] - The company has expanded its software solutions to various sectors, including food establishments, real estate, exhibition and conferencing, and clean energy utilities [4] - The business comprises two main portfolios: software development and exhibition and conference [4]
France's Atos posts sales dip, targets M&A from 2026
Reuters· 2025-10-20 17:12
Core Insights - French IT group Atos reported a significant decline in quarterly revenue due to the loss of key contracts [1] - The company announced that it would only pursue acquisitions starting from 2026 [1] Revenue Performance - Atos experienced a sharp drop in quarterly revenue, indicating challenges in maintaining existing contracts [1] Strategic Direction - The company has decided to postpone any acquisition activities until 2026, suggesting a focus on stabilizing its current operations before pursuing growth through acquisitions [1]
AP Pension selects Cognizant for BPO and RPA-services as part of multi-year transformation
Prnewswire· 2025-10-20 07:00
Core Insights - Cognizant has announced a new partnership with AP Pension to provide Business Process Outsourcing (BPO) and Robotic Process Automation (RPA) services aimed at enhancing AP Pension's operational capacity and customer experience [2][4]. Group 1: Partnership Details - The collaboration will focus on optimizing selected administrative processes to support AP Pension's comprehensive transformation in the coming years [2][3]. - Cognizant will deliver services from its Nordic-speaking Center of Excellence located in Vilnius, Lithuania, which serves as its European hub for insurance and automation services [3]. Group 2: Strategic Goals - The partnership aims to help AP Pension manage increased workloads, allowing the company to free up internal resources for strategic initiatives while improving daily operational efficiency [3][4]. - AP Pension's Chief Commercial Officer emphasized that this agreement provides the necessary capacity to maintain quality for customers during their transformation journey [4]. Group 3: Company Background - AP Pension is a customer-owned pension company that offers pension and insurance solutions to private individuals and businesses, focusing on competitive products and high customer service [4]. - Cognizant is recognized for its capabilities in BPO in Denmark and aims to optimize processes and enhance customer experiences through this collaboration [4].
Kyndryl Readiness Report: AI Delivers Early Returns, Pushing Enterprises to a Tipping Point
Prnewswire· 2025-10-20 04:00
Core Insights - The Kyndryl Readiness Report indicates that while businesses are experiencing momentum in AI investments, they face significant foundational gaps in technology and talent that hinder further progress [1][2]. AI Investment and ROI - AI spending has increased by an average of 33% across industries, with 68% of organizations investing heavily in AI [3]. - There is heightened pressure on business leaders to demonstrate ROI from AI investments, with three in five feeling more pressure this year compared to last [3]. Cloud Infrastructure Challenges - Organizations are reassessing their cloud strategies due to geopolitical risks and regulatory changes, with 75% expressing concerns about data management in global cloud environments [4]. - 65% of leaders have adjusted their cloud strategies, focusing on data repatriation and shifting towards private cloud models [4]. Talent and Cultural Readiness - Nearly 90% of leaders believe AI will transform jobs within the next year, yet only 29% feel their workforce is prepared to leverage AI effectively [5][6]. - Cultural barriers are significant, with 48% of CEOs stating their organizations stifle innovation and 45% indicating slow decision-making processes [5]. Current State of AI Projects - 54% of organizations report positive returns on AI investments, a 12-point increase from the previous year, but 62% have not moved beyond the pilot phase of their AI projects [6]. - Despite confidence in their tools, over half of the organizations find their foundational technology stack a barrier to innovation [6]. Geopolitical and Regulatory Impact - Organizations are reevaluating data storage and processing strategies due to geopolitical pressures, with 70% of CEOs admitting their cloud setups were reached by accident rather than design [6].
Wipro Limited (WIT) Q2 2026 Press Conference Call Transcript
Seeking Alpha· 2025-10-17 09:19
Core Points - The press conference is focused on Wipro's second quarter earnings [1] - Key executives present include the CEO, CFO, and Chief Human Resources Officer [1] Group 1 - The event is moderated by Nisha Chandrasekaran from the external communications team [1] - The conference will start with opening remarks from the CEO, followed by a financial review from the CFO [1] - A Q&A session will follow the presentations [1]