Author: PRNEWSWIRE

BENGALURU, India, Nov. 18, 2024 /PRNewswire/ — Microland is proud to announce its recognition as a Leader in the 2024 Gartner® Magic Quadrant™ for Managed Network Services (MNS) for the fifth consecutive year. This accomplishment highlights the company’s unwavering dedication to delivering automation-driven, user-focused solutions that ensure secure, seamless, and reliable enterprise networks. As businesses face increasing network complexities, Microland introduced Network-as-a-Service (NaaS) to facilitate future-ready infrastructure while protecting existing investments. Their vendor-neutral approach offers easy adoption, operational flexibility, and exceptional performance across diverse technologies. Central to this evolution is Microland’s Intelligeni platform, which provides advanced observability, automation, and analytics to enable rapid transformation, proactive…

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MONTREAL, Nov. 14, 2024 /PRNewswire/ – Alithya Group inc. (TSX: ALYA) (“Alithya”) announces today the appointment of Nicolas Lavoie as Chief Financial Officer, effective December 9, 2024. With nearly 30 years of experience with public and private multinational companies operating in the entertainment & technology, media, mining, and manufacturing sectors, Mr. Lavoie will lead the finance function of Alithya as it progresses through the implementation of its fiscal 2025-2027 strategic plan. Mr. Lavoie’s extensive background includes a proven track record in structuring and executing strategic acquisitions that drive market positioning and international expansion. His expertise spans a diverse range of transaction types, including acquisitions, debt and equity financing,…

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Q2-2025 Highlights MONTREAL, Nov. 14, 2024 /PRNewswire/ – Alithya Group inc. (TSX: ALYA) (“Alithya” or the “Company” or “our”) reported today its results for the second quarter of fiscal 2025 ended September 30, 2024. All amounts are in Canadian dollars unless otherwise stated. Summary of the financial results for the second quarter: Financial Highlights(in thousands of $, except for margin percentages)F2025-Q2F2024-Q2Revenues111,514118,492Gross Margin34,12834,791Gross Margin as a percentage of revenues (%)(1)30.6 %29.4 %Selling, general and administrative expenses25,86929,930Selling, general and administrative expenses as a percentage of revenues (%)(1)23.2 %25.3 %Net Loss(270)(9,176)Basic and Diluted Loss per Share(0.00)(0.10)Adjusted Net Earnings(2)5,260258Adjusted Net Earnings per Share(2)0.050.00Adjusted EBITDA(2)9,2986,456Adjusted EBITDA Margin (%)(2)8.3 %5.4 % (1)These are other financial…

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Q3 Marks a 61% Year-over-Year Revenue Increase and Significant Progress in Financial Performance NEW YORK, Nov. 14, 2024 /PRNewswire/ – Reklaim, (TSXV: MYID) (OTC: MYIDF) (“Reklaim”), the leading platform empowering consumers to access and reclaim their data, is pleased to announce its third-quarter results and positive EBITDA for the period ending September 30, 2024. Key Highlights from Reklaim’s Q3 2024 Performance: Strategic Achievements and Financial Strength Reklaim’s strategic focus on diversifying revenue streams has led to substantial growth across its ‘Platform’ and ‘Deals’ segments, with ‘Deals’ revenue surging by 3403% in Q3 2024 compared to 2023. This adaptability underscores Reklaim’s ability to navigate an…

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CHAI, a Palo Alto-based social AI platform, rebranded with a sleek black theme, boasts 1M+ daily users, $15M in revenue, and aims to deliver engaging AI chats. PALO ALTO, Calif., Nov. 14, 2024 /PRNewswire/ — CHAI, a social AI platform based in Palo Alto, has rebranded with a sleek black theme across its app, social media presence, and all public-facing materials. With more than one million daily active users and $15 million in revenue, CHAI is evolving into an app with broad, general adoption. What is CHAI? CHAI is a social AI platform where users can create their own AI. Since its launch three years ago, CHAI has experienced significant growth, particularly…

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SAN FRANCISCO, Nov. 14, 2024 /PRNewswire/ — New research from revenue intelligence leader Gong reveals widely varying viewpoints among CIOs and other tech leaders over how to evaluate the success of AI projects. Surveying over 500 CIOs and heads of IT across the UK and US, the findings illustrate the challenge many businesses face when it comes to strategically implementing AI and the uncertainty in measuring whether those AI investments are paying off. While over half of CIOs (53 percent) prioritize productivity gains, an equal proportion focus on revenue growth as their key success metrics, with worker satisfaction trailing closely behind (46 percent). This…

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Trinity Cyber is focused on delivering a new, proactive TDIR approach through internet traffic Full Content Inspection (FCI) WASHINGTON, Nov. 13, 2024 /PRNewswire/ — Trinity Cyber, Inc., a technology innovator that is providing groundbreaking network security services, is recognized in the Gartner® “Emerging Tech: Techscape for Startups in Security Software” report in Cybersecurity TDIR (threat detection investigation and response). The report analyzed 45 security software companies across identity security, cybersecurity TDIR, data security and preemptive security, that are “changing their approach to historically mature security categories through AI-powered capabilities and go-to-market strategies.” To view the full report, click HERE. Trinity Cyber, a rapidly growing cybersecurity firm, is…

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Former Capital One Executive, Stephen Mugford, and Long-Time McKinsey Digital Transformation Leader, Somesh Khanna, to Help Guide Innovations and Growth NEW YORK, Nov. 13, 2024 /PRNewswire/ — Persado Inc., a prominent provider of AI-powered content generation solutions for marketing, has added veteran financial services executives Somesh Khanna and Steve Mugford to its Board of Directors. The appointments follow Persado’s news of having driven $2.5B in new revenue for finserv organizations in the past five years and signal a strategic move to speed innovations and expand the company’s marquee roster of global banks and card issuers. “Somesh and Steve join our Board at a pivotal stage of Persado’s growth,” said Alex Vratskides, CEO and…

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BOISE, Idaho, Nov. 13, 2024 /PRNewswire/ — Undetectable AI, a software company specializing in AI content detection and humanization, now serves 11 million users worldwide, marking rapid growth since its public launch in May 2023. The company’s user base grew from 100,000 waitlist signups in March 2023 to two million users within its first six months of operation. This growth continues to accelerate, with the platform more than quadrupling its user count to 11 million in the following year. “The rapid adoption of our platform shows the growing need for tools that can detect and humanize AI-generated content,” said Christian Perry, CEO of Undetectable AI. “We’ve built our…

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Mark Unrein Will Champion the Agency’s Focus on AI-Driven Marketing Innovation BIRMINGHAM, Ala., Nov. 13, 2024 /PRNewswire/ — Luckie & Co. has announced the appointment of Mark Unrein to Chief AI Officer (CAIO). In this new role for the company, Mark leads Luckie’s AI strategy, advancing the integration of tools and technologies across the agency to transform client-partner businesses and accelerate the agency’s growth. This appointment positions Luckie as one of the first independent marketing agencies to establish a full-time CAIO role, underscoring Luckie’s commitment to pioneering advancements in marketing through intelligence and innovation. Luckie & Co. appoints Mark Unrein Chief AI Officer to transform client-partner businesses…

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