British supermarket chain Morrisons has entered a new five-year agreement with Indian IT service provider Tata Consultancy Services (TCS), expanding their collaboration to support digital transformation. The agreement will see TCS helping Morrisons to align its retail, e-commerce and marketing operations, speeding up the delivery of digital products. TCS has supported several digital initiatives at Morrisons since the two companies’ began their partnership in 2014. These initiatives include supply chain ...

Core Insights - Vodafone Group Plc has entered into a binding agreement to acquire 100% of Skaylink GmbH for a total consideration of €175 million [1] - Skaylink is a leading full-service cloud, digital transformation, and security specialist with over 500 professionals [2] - The acquisition aims to enhance Vodafone's digital services and support for business and public sector customers, focusing on growth in security, managed services, and cloud [3] Company Overview - Vodafone serves over 355 million mobile and broadband customers, operating networks in 15 countries and investing in five additional countries [6] - The company manages one of the world's largest IoT platforms with over 215 million IoT connections globally [6] - Vodafone is developing a direct-to-mobile satellite communications service to connect areas without coverage [6]

Toronto, Ontario--(Newsfile Corp. - September 29, 2025) - NTG Clarity Networks Inc. (TSXV: NCI) (OTC Pink: NYWKF); NTG Clarity ("NTG") is pleased to announce it has signed a three-year renewable Frame Agreement (the "Agreement") with a new government-affiliated IT customer in Saudi Arabia.This Agreement provides a framework for NTG to deliver both onsite and offshore software development resources without requiring a traditional RFP process. While the contract does not include a minimum commitment, it esta ...

Core Viewpoint - Endava PLC has experienced a significant decline in stock price due to disappointing financial results, despite previously beating analysts' expectations on the bottom line [2][5]. Company Overview - Endava PLC (NYSE:DAVA) is a technology company focused on providing digital transformation services to improve business operations through technology solutions [1]. - The company competes with major tech service providers such as Accenture and Cognizant [1]. Stock Performance - Endava's stock price has dropped by 30.81% this week, following a 14.7% increase in August [2][5]. - The stock has fallen 32.1% from the end of last Friday's trading session to Thursday's market close, currently priced at $10.15, with a slight increase of 1.76% or $0.18 today [3][5]. - Over the past year, the stock has reached a high of $34.94 and a low of $9.84, with a current market capitalization of approximately $593.1 million [4]. Financial Results - The decline in stock price is attributed to disappointing fourth-quarter 2025 financial results, which have led to a decrease in investor confidence [2][5]. - Despite past success in growing cash flow from fiscal years 2021 through 2023, recent results have not met investor expectations, contributing to the stock's decline [4].

Group 1: Company Overview - Teleperformance (TP) has been ranked 2 in the Everest Group's BPS Top 50™ 2025 list, improving one position from the previous year, highlighting its market leadership and consistent delivery [1] - TP's comprehensive service portfolio includes customer experience management, finance and accounting, and other key industries, reflecting its diversified offerings [3][5] - In 2024, Teleperformance reported consolidated revenue of €10,280 million (approximately US$11 billion) and a net profit of €523 million, indicating strong financial performance [5] Group 2: Industry Insights - The global third-party Business Process Services (BPS) industry is valued at nearly $300 billion, with over 250 providers in the market, showcasing significant market size and competition [3] - The Everest Group BPS Top 50™ list serves as a factual representation of the largest third-party providers, helping enterprises identify scaled-up providers and their functional coverage [2]

Core Insights - Grid Dynamics reported a GAAP revenue increase to $101.1 million for Q2 2025, surpassing analyst expectations and its own guidance midpoint [1][2] - Non-GAAP earnings per share were $0.10, exceeding consensus estimates by $0.01, while gross margin narrowed to 34.1% from 35.6% in Q2 2024 [1][2] - The company experienced significant growth in AI and Finance services, with AI and Data practice accounting for 23% of total organic revenue [1][7] Financial Performance - Q2 2025 GAAP revenue grew by 21.7% year-over-year from $83.0 million in Q2 2024 [2][5] - The Finance segment revenue more than doubled to $25.0 million, accounting for 25.1% of total revenues [5][10] - Non-GAAP gross profit increased to $35.1 million, a 16.6% rise from $30.1 million in Q2 2024 [2][6] Business Model and Strategy - Grid Dynamics specializes in digital transformation, software engineering, and technology consulting for global enterprises [3] - The company emphasizes AI-driven projects, talent development, and expanding its international presence, particularly in India and Latin America [4] - The acquisition strategy has diversified the client base and enhanced international delivery capabilities [8] Cost and Margin Trends - Non-GAAP gross margin decreased to 34.7% from 36.2% in Q2 2024, reflecting increased R&D and administrative costs [6][9] - R&D expenses surged by 63.4% year-over-year, while general and administrative costs rose by 17.3% [6][9] Future Outlook - Management set revenue guidance for Q3 2025 at $103 million to $105 million, with full-year 2025 revenue guidance unchanged at $415 million to $435 million [12] - The company anticipates stronger seasonal performance in the second half of 2025 due to ramp-up from recently signed deals [12] - Key areas to monitor include hiring pace, integration of acquisitions, and operational developments [13]

Core Points - Atos will hold its Annual General Meeting on June 13, 2025, to approve the 2024 financial statements and discuss changes in the Board of Directors [1][2][3] Board Composition Changes - The Board of Directors has proposed changes to its composition, which will be submitted for approval at the upcoming General Meeting [2] - Elizabeth Tinkham will not seek renewal of her term, which will expire at the end of the General Meeting [3] - If approved, the Board will consist of eight members (excluding the employee representative) and one censor, with 87.5% independent members (seven out of eight) and 50% women, representing six nationalities [4][22] Director Renewals and Appointments - The Board will propose the renewal of terms for Françoise Mercadal-Delasalles and Jean-Jacques Morin, both expiring at the end of the General Meeting for the fiscal year ending December 31, 2027 [7] - Surojit Chatterjee will be appointed as a new independent director, also expiring at the end of the General Meeting for the fiscal year ending December 31, 2027 [7] - Mandy Metten's appointment as a censor will be ratified for one year, expiring at the end of the General Meeting for the fiscal year ending December 31, 2025 [7] Leadership Statements - Philippe Salle, Chairman and CEO of Atos, expressed satisfaction with the upcoming appointments and renewals, emphasizing their importance for the Board's effectiveness and capabilities [5] Company Overview - Atos is a global leader in digital transformation with approximately 74,000 employees and annual revenue of around €10 billion [19] - The company is recognized as the European leader in cybersecurity, cloud, and high-performance computing, providing tailored solutions across various industries in 68 countries [19] - Atos is committed to decarbonization and aims to support clients in achieving secure and sustainable digital transformations [20]