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Kyndryl and Microsoft Collaborate to Enhance Data Security and Risk Management
Prnewswire· 2025-04-24 13:00
Core Insights - Kyndryl has launched new services, Kyndryl Consult Data Security Posture Management, utilizing Microsoft Purview to enhance data protection, privacy, and risk mitigation capabilities for organizations [1][2][3] Group 1: Service Offerings - The new services combine Kyndryl's consulting expertise with Microsoft's advanced security technologies to help customers identify sensitive data, automate protection, and maximize the value of their data assets [2][3] - Kyndryl's services include proactive data risk management through automated discovery, classification, and protection, built-in encryption, data loss prevention, and compliance management [6] - The services aim to simplify IT environments by reducing complexity and risk exposure, providing centralized visibility of the entire data landscape [6] Group 2: Market Context - The Kyndryl AI Readiness Report indicates that while 86% of leaders are confident in their AI implementation, only 29% believe their AI is ready to manage future risks, highlighting the need for improved data management and security [2] - Organizations face significant challenges in managing complex IT environments while protecting sensitive data and meeting regulatory requirements [3] Group 3: Strategic Partnership - Kyndryl and Microsoft have established a global strategic alliance since November 2021, developing scalable security and resiliency services [4] - Kyndryl is a member of the Microsoft Intelligent Security Association (MISA), integrating solutions with Microsoft Security technology to better defend against cyber threats [4] Group 4: Compliance and AI Foundation - The services enhance risk and compliance readiness, helping customers meet regulatory requirements through Kyndryl's expertise in data privacy and security combined with Microsoft Purview's policy-driven security controls [6] - A secure data foundation is established to support responsible AI development, enabling secure management of sensitive information [6]
DXC Appoints William Pieroni to Drive Strategy and Growth Across Global Insurance Software and Business Process Services
Prnewswire· 2025-04-23 13:00
Core Insights - DXC Technology has appointed William Pieroni as Global Strategy and Growth Leader for Insurance Software & Business Process Services, aiming to enhance strategy and growth in the insurance sector [1][3] Company Overview - DXC Technology is a leading global technology services provider, recognized in the Fortune 500, with over 40 years of innovation in the insurance sector [1][6] - The company supports more than 1,000 customers and has processed over 1 billion policies through its solutions, with 21 of the world's top 25 insurers relying on DXC for critical software and services [4] Leadership Appointment - William Pieroni brings over 25 years of experience in insurance, technology, and enterprise transformation, having previously served as CEO of ACORD and held senior roles at Marsh McLennan, Aon, State Farm, IBM, Accenture, and McKinsey & Company [2][3] - His role at DXC will involve defining strategic priorities, guiding global growth initiatives, and enhancing the firm's position within the global insurance ecosystem [3] Strategic Focus - The appointment reflects DXC's commitment to industry leadership, intelligent growth, and long-term value creation, with a focus on delivering competitive differentiation and operational excellence across the insurance value chain [1][3]
Planet Technologies and Carahsoft Partner to Bring Optimization of Microsoft Solutions to Government Agencies
GlobeNewswire News Room· 2025-04-22 16:00
GAITHERSBURG, Md. and RESTON, Va., April 22, 2025 (GLOBE NEWSWIRE) -- Planet Technologies, the leading provider of Microsoft professional services to the Public Sector, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced an expanded partnership. Under the agreement, Carahsoft will serve as a Public Sector distributor for Planet Technologies, making the company’s industry leading Microsoft-focused services and solutions available through Carahsoft’s extensive networ ...
浩云科技:签署1.74亿元算力组网集成项目合同
news flash· 2025-04-22 12:09
Core Viewpoint - The company, Haoyun Technology (300448.SZ), has signed a project integration service contract with Company X, valued at 174 million yuan, which is expected to positively impact the company's operating performance for the current and future periods [1] Summary by Relevant Categories Contract Details - The total contract price is 174 million yuan [1] - The contract includes the provision of network equipment, optical modules, storage servers, and operation monitoring and alarm systems, along with installation and debugging services [1] Financial Impact - The contract is anticipated to have a positive effect on the company's operating performance for the current year and beyond [1]
Kyndryl Announcement: If You Have Suffered Losses in Kyndryl Holdings, Inc. (NYSE: KD), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
GlobeNewswire News Room· 2025-04-20 13:01
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Kyndryl Holdings, Inc. due to allegations of materially misleading business information [1] Group 1: Investigation Details - The investigation is prompted by allegations that Kyndryl may have manipulated financial metrics, specifically adjusted EBITDA and adjusted free cash flow, to present a false image of profitability while actually incurring losses [3] - Following the publication of these allegations, Kyndryl's stock price fell by 5% on March 27, 2025 [3] Group 2: Class Action Information - Shareholders who purchased Kyndryl securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2] - Interested investors can join the class action by submitting a form or contacting the Rosen Law Firm directly [2] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4] - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors [4]
Accenture Stock Drops 19% YTD: Is Now the Right Time to Buy?
ZACKS· 2025-04-17 18:10
Core Viewpoint - Accenture's stock has declined 18.6% year to date, reflecting broader industry challenges, but this may present a buying opportunity for long-term investors [1][3]. Industry Overview - The IT services industry has faced significant pressure, with Accenture's 18.6% decline mirroring an 18.5% drop in the broader industry and an 8% dip in the Zacks S&P 500 Composite [2]. - Competitors like DXC Technology and Cognizant have also experienced declines of 27% and 9%, respectively, indicating widespread challenges across the sector [2][3]. Company Strategy - Accenture's growth strategy emphasizes delivering 360° value through technology, focusing on building a digital core with cloud, data, and AI [5]. - Partnerships with OpenAI and Sanctuary AI enhance Accenture's capabilities in the GenAI market, allowing for tailored enterprise solutions [6]. - The company reported $3 billion in GenAI-related bookings for fiscal 2024 and $1.4 billion in Q2 of fiscal 2025, showcasing its strong position in this area [7]. Demand and Revenue Growth - Accenture benefits from robust demand in key service areas such as application modernization, cloud enablement, and cybersecurity-as-a-service, which are critical for enterprises navigating digital transformation [9]. - Managed services revenues increased by 4% year-over-year in fiscal 2024 and are projected to grow by approximately 5.7% in fiscal 2025, reflecting strong client demand [10]. Financial Position - Accenture's current ratio of 1.48 indicates a solid liquidity position, despite being below the industry average of 2.29, with a 17.5% increase in cash and cash equivalents year-over-year [12]. - The Zacks Consensus Estimate projects fiscal 2025 revenues at $68.4 billion (5.5% growth) and fiscal 2026 revenues at $72.1 billion (5.4% growth) [14]. Earnings Outlook - The consensus estimate for fiscal 2025 earnings is $12.7 per share, indicating a 6.4% year-over-year rise, with fiscal 2026 estimates at $13.5 per share (6% growth) [15]. Challenges - Rising talent costs in a competitive labor market pose challenges for Accenture, as the consulting industry is labor-intensive and reliant on skilled professionals [17]. - The rapid adoption of automation and AI technologies may reduce client reliance on external consultants, creating uncertainty for long-term engagements [18]. - Accenture's aggressive acquisition strategy, while enhancing revenue opportunities, introduces integration risks and may divert management focus from organic growth [19]. Long-Term Outlook - Despite recent share price weakness, Accenture's long-term outlook remains strong, supported by strategic partnerships, disciplined acquisitions, and a solid managed services momentum [20].
India's Infosys sees slowing revenue growth over global uncertainty
TechXplore· 2025-04-17 16:45
Core Viewpoint - Infosys forecasts muted annual revenue growth due to increasing global uncertainty, suggesting clients may reduce tech spending [1][2] Revenue Forecast - Infosys expects revenue to remain flat or grow by up to 3% for the fiscal year ending March 2026 on a constant currency basis, which is below analyst estimates of 2-4% [2] - This forecast is lower than the previous year's constant-currency revenue growth of 4.2% [2] Market Context - The company earns over 80% of its revenue from Western markets, making it vulnerable to global economic conditions [2] - Infosys anticipated a demand revival in 2025 after a growth slowdown in 2024, but ongoing client spending weakness and trade tensions have clouded the outlook [3] Executive Insights - CEO Salil Parekh described the current environment as "uncertain" and emphasized the need for agility in execution [4] - CFO Jayesh Sanghrajka noted that the lower end of the sales forecast reflects increasing uncertainty, complicating the assessment of external factors like trade policies [4] Financial Performance - Infosys reported an 11.75% year-on-year drop in net profit for the March quarter, totaling 70.3 billion rupees ($823.5 million), which was below analyst projections [5] - Revenue for the three months ending March 31 increased by 7.9% to 409.25 billion rupees [6]
Sword Group: Information on the Payment of the 2024 Dividend
Globenewswire· 2025-04-17 15:35
Group 1 - The Group confirms a dividend payment of €2 gross per share, subject to approval at the Annual General Meeting on 28 April 2025 [1] - The payment schedule includes an Ex-Date of 30 April 2025, a Record Date of 2 May 2025, and a Payment Date of 5 May 2025 [1] - Sword Group has over 3,500 IT/Digital specialists operating in more than 50 countries, focusing on supporting organizations in their digital growth [1][2] Group 2 - Sword is recognized as a leader in technological and digital transformation, with a strong reputation in managing complex IT and business projects [2] - The company aims to optimize processes and enhance data for its clients [2]
Infosys: Growth of 4.2% in CC, operating margin expansion of 0.5% in FY25
Prnewswire· 2025-04-17 13:56
Core Insights - Infosys achieved its highest ever Free Cash Flow at $4.1 billion for FY25, reflecting a significant increase of 41.8% year on year [1] - The company reported FY25 revenues of $19,277 million, marking a growth of 4.2% in constant currency, with an operating margin of 21.1%, an increase of 0.5% year on year [1][5] - For FY26, Infosys provided revenue guidance of 0%-3% and an operating margin forecast of 20%-22% [7] Financial Performance - Q4 revenues reached $4,730 million, representing a year-on-year increase of 4.8% in constant currency and 3.6% in reported terms [2][5] - The operating margin for Q4 was 21.0%, up by 0.9% year on year [2][5] - Basic EPS for Q4 was $0.20, a decline of 15.2% year on year, while FY25 basic EPS was $0.76, a slight decline of 0.3% year on year [5][21] Strategic Focus - CEO Salil Parekh emphasized the company's resilience and client-centric approach, highlighting strengths in AI, cloud, and digital services [3] - Infosys is focused on efficiency and has executed Project Maximus to navigate macroeconomic challenges [5] Client Collaborations and Innovations - Infosys expanded its collaboration with Citizens Financial Group to enhance AI-led transformation [6][10] - The company also partnered with Siemens AG to accelerate digital learning initiatives using generative AI [10] - A strategic collaboration with Lufthansa Group aims to drive digital transformation in the aviation industry [10] Awards and Recognitions - Infosys was recognized as one of the World's Most Ethical Companies in 2025 for the fifth consecutive year [10] - The company was also named a Global Top Employer 2025 and ranked as a top IT services brand globally [10][12]
Wipro(WIT) - 2025 Q4 - Earnings Call Transcript
2025-04-16 13:30
Wipro Limited (WIT) Q4 2025 Earnings Conference Call April 16, 2025 09:30 AM ET Company Participants Moderator - Conference OperatorApartha Iyer - Chief Financial OfficerSrinivas Balya - Chief Executive Officer and Managing DirectorUnknown Speaker - Conference ParticipantDeepak Bohra - Corporate Treasurer and Head of Investor Relations Conference Call Participants Nitin Padmanabhan - Analyst, InvestecKumar Rakesh - Analyst, BNP ParibasGaurav Rateria - Analyst, Morgan StanleyAnkur Rudra - Analyst, JP MorganS ...