Author: PRNEWSWIRE

SEOUL, South Korea, Oct. 23, 2024 /PRNewswire/ — SK hynix Inc. (or “the company”, www.skhynix.com) announced today that it recorded 17.5731 trillion won in revenues, 7.03 trillion won in operating profit (with an operating margin of 40%), and 5.7534 trillion won in net profit (with a net margin of 33%) in the third quarter this year. Quarter revenues marked all-time high, exceeding the previous record of 16.4233 trillion won in the second quarter of this year by more than 1 trillion won. Operating profit and net profit also far exceeded the record of 6.4724 trillion won and 4.6922 trillion won in the third quarter of 2018 during the semiconductor super boom. SK hynix emphasized that the demand…

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New BCG Research on AI Adoption Identifies Fintech, Software, and Banking as the Sectors with the Highest Concentration of AI Leaders BOSTON, Oct. 24, 2024 /PRNewswire/ — After years of investing, hiring talent, and launching pilots in artificial intelligence (AI), CEOs are now seeking tangible returns from the technology. But realizing its full value remains difficult. Even with the widespread implementation of AI programs across industries, only 26% of companies have developed the necessary set of capabilities to move beyond proofs of concept and generate tangible value, according to new research by Boston Consulting Group (BCG). The report, titled Where’s the Value in…

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GURUGRAM, India, Oct. 24, 2024 /PRNewswire/ — REA Group has celebrated the official opening of REA Cyber City, a new innovation hub located in Gurugram, India. REA Cyber City will enhance REA’s delivery capability and accelerate its future growth by providing access to key skillsets and world-class talent in India. As an extension of REA in Australia, REA Cyber City teams will have the opportunity to work on Australia’s #1 residential property website, realestate.com.au, and develop innovative products and features for the 12 million Australian consumers who now visit the platform[1]. REA Group Chief Executive Officer, Owen Wilson, said that the opening of REA Cyber City marks an exciting chapter in…

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ISELIN, N.J., Oct. 24, 2024 /PRNewswire/ — Hexaware Technologies Limited (“Hexaware”) opened its third office in Germany on September 19, 2024. The inauguration ceremony was presided over by Adam Medros, CEO, Spark Networks, Tobias Plaputta, CTO, Spark Networks, Sanjay Salunkhe, President & Global Head – Digital & Software Services, Hexaware and Arun Ramchandran, President & Global Head – Consulting & GenAI Practice, HTPS, Hexaware. The new 100-seater facility in Berlin will add to the company’s digital and software service capabilities in continental Europe, including Germany, Switzerland, and Austria. The company’s digital and software services are designed to improve operational efficiency and elevate digital experiences, ensuring businesses stay competitive in an evolving market. Hexaware’s solutions…

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TORONTO and GATINEAU, QC, Oct. 24, 2024 /PRNewswire/ – Converge Technology Solutions Corp. (“Converge” or “the Company”) (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) today announced select preliminary unaudited financial results for the three months ended September 30, 2024 (“Q3-2024”). All figures are in Canadian dollars unless otherwise stated. Q3-2024 Preliminary Results [1] This is a Non-IFRS measure (including non-IFRS ratio) and not a recognized, defined or a standardized measure under IFRS. See the “Non-IFRS Financial Measures” section of this press release for definitions, uses and a reconciliation of historical non-IFRS financial measures to the most directly comparable IFRS financial measures. Q3-2024 Commentary Q3-2024 revenue was impacted by adverse macroeconomic conditions…

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DUBAI, UAE, Oct. 23, 2024 /PRNewswire/ — During GITEX Global 2024, at a roundtable themed Build City Intelligent Twins to Accelerate City Digital Transformation, Huawei invited government experts and partners from China, the Middle East, Asia Pacific, and Africa to discuss hot topics relating to smart city and government digitalization. Smart city construction is rapidly advancing, and the growing intricacy of urban management necessitates fresh architectures and technologies. At the Huawei Cloud UAE Summit, Hank Chen, R&D President of Government Public Services Digitalization BU, Huawei, introduced the innovative” City Intelligent Twins Architecture ” as Huawei’s latest achievement in core technologies and applications for smart cities. City awareness helps map physical world…

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Surge in solopreneurship drives demand for unified marketing, CRM, e-commerce, automation and AI content generation tools to launch, grow and scale online businesses from day one. LAS VEGAS, Oct. 23, 2024 /PRNewswire/ — Kartra, the all-in-one online business platform for creators, freelancers and experts, announced customers have earned over $1.5 billion on the platform to-date and unveiled a major upgrade to help entrepreneurs launch, grow and make a living from their online business faster than ever. Solopreneurs – businesses that include creators, freelancers, experts, coaches and consultants – have become a major economic force in the United States. They account for over 80% of U.S.…

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Collaboration will provide CPG brands access to a new set of analytical insights available in the Amazon Marketing Cloud for attribution and analytics NEW YORK, Oct. 23, 2024 /PRNewswire/ — NCSolutions (NCS), a leading company for improving advertising effectiveness for the consumer packaged goods (CPG) ecosystem, today announces the availability of its CPG Insights Stream solution in Amazon Marketing Cloud (AMC), the privacy-safe data clean room technology from Amazon Ads. The availability of NCS CPG Insights Stream outcome data sets in AMC enhances the capabilities for advertisers to measure the impact of their media beyond Amazon. Through this expanded collaboration, advertisers can now access…

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Company unveils new AI-driven product advancements that help customers successfully take products and services to market as the Highspot platform crosses 20 million connected users SEATTLE, Oct. 23, 2024 /PRNewswire/ — Highspot, the only GTM enablement platform, today announced its Fall ’24 product release, delivering the first unified platform for go-to-market (GTM) productivity. The Fall release introduces the Initiative Scorecard, an actionable dashboard that ties enablement activity to business outcomes. Highspot also announced new capabilities for its generative artificial intelligence (AI) digital assistant, Highspot Copilot, which help sellers and sales managers successfully execute GTM initiatives through personalized coaching recommendations, skill and competency assessments,…

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Strategic funding to accelerate Tookitaki’s growth and drive innovation in financial crime prevention across Asia. SINGAPORE, Oct. 21, 2024 /PRNewswire/ — True Global Ventures (TGV) Opportunity Fund, a global venture capital firm specializing in transformative technologies, has made a strategic investment in Tookitaki, a leader in anti-financial crime software. This capital will fuel Tookitaki’s rapid expansion and continued innovation across Asia, as financial institutions face mounting regulatory pressures to combat increasingly sophisticated financial crimes. The capital injection, which comes as Tookitaki reaches its 10-year anniversary, will support Tookitaki’s mission to deliver cutting-edge anti-financial crime solutions to financial institutions in these regions, where compliance with anti-money laundering…

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