Enterprise performance management

BizCap Assists Performant Financial in Securing a $25MM Revolving Loan Facility with Wells Fargo

Retrieved on: 
Tuesday, November 7, 2023

BizCap®, a commercial finance advisory firm established in 2002, is pleased to announce that it has assisted Performant Financial, primarily operating under subsidiary Performant Healthcare Solutions, in securing a $25MM credit facility.

Key Points: 
  • BizCap®, a commercial finance advisory firm established in 2002, is pleased to announce that it has assisted Performant Financial, primarily operating under subsidiary Performant Healthcare Solutions, in securing a $25MM credit facility.
  • Performant, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, has successfully completed the refinancing of its existing credit facility with a new credit facility from Wells Fargo.
  • This strategic move is set to fortify Performant's financial foundation and further support its ongoing operations and growth initiatives.
  • Rohit Ramchandani, the Chief Financial Officer of Performant, remarked, "Collaborating with BizCap has proven to be an outstanding experience for Performant.

Revolutionizing Metric Goal Setting: A Patent to Counter Destructive Behaviors and Common Pitfalls

Retrieved on: 
Tuesday, October 24, 2023

This incident wasn't an isolated case but rather a reflection of a pervasive issue in metric reporting and goal-setting across various organizations.

Key Points: 
  • This incident wasn't an isolated case but rather a reflection of a pervasive issue in metric reporting and goal-setting across various organizations.
  • This innovative system addresses the gaps in metric reporting and paves the way for substantial process enhancements.
  • This oversight can lead to a lack of encouragement for process improvement, which is crucial for enhancing future metric outcomes.
  • Enter Smarter Solutions, Inc.'s groundbreaking patent: "Systems and Methods for Measuring and Reporting Enterprise Performance and Making Process Improvements."

Prophix Named an Overall Leader in Enterprise Performance Management in Dresner Advisory Services' 2023 Industry Excellence Awards

Retrieved on: 
Wednesday, August 2, 2023

MISSISSAUGA, ON, Aug. 2, 2023 /PRNewswire/ -- Prophix, a leading global platform for financial performance management, today announced it has been recognized as a winner in Dresner Advisory Services' 2023 Industry Excellence Awards. The awards acknowledge vendors that have achieved leadership positions in Dresner Advisory Services' Wisdom of Crowds® market studies. Prophix once again ranked in the top-right "Overall Experience Leaders" quadrant for both the Enterprise Performance Management (EPM) Customer Experience and Vendor Credibility models for the eighth consecutive year while maintaining a perfect recommended score.

Key Points: 
  • The awards acknowledge vendors that have achieved leadership positions in Dresner Advisory Services' Wisdom of Crowds® market studies.
  • "Financial performance management software is essential for the modern CFO who aims to be a strategic partner to the CEO," said Alok Ajmera, President & CEO, Prophix.
  • "We congratulate Prophix on being named an Overall Leader in Enterprise Performance Management again in 2023."
  • Dresner positioned Prophix in the upper-right quadrant—reserved for the highest-scoring vendors—earning Prophix the title of an "Overall Leader" in both models.

NETSCOUT Reports Fourth Quarter and Full Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, May 4, 2023

Total revenue (GAAP and non-GAAP) for the fourth quarter of fiscal year 2023 was $208.1 million, compared with $191.2 million (GAAP and non-GAAP) in the fourth quarter of fiscal year 2022.

Key Points: 
  • Total revenue (GAAP and non-GAAP) for the fourth quarter of fiscal year 2023 was $208.1 million, compared with $191.2 million (GAAP and non-GAAP) in the fourth quarter of fiscal year 2022.
  • NETSCOUT’s income from operations (GAAP) was $1.6 million in the fourth quarter of fiscal year 2023, compared with a loss from operations of $8.3 million in the fourth quarter of fiscal year 2022.
  • NETSCOUT did not repurchase any shares of its common stock through its repurchase program during the fourth quarter of fiscal year 2023.
  • NETSCOUT will host a conference call to discuss its fourth-quarter and full fiscal year 2023 financial results today at 8:30 a.m.

Total Economic Impact Study Finds NETSCOUT nGenius Enterprise Performance Management Delivered 234% Return on Investment

Retrieved on: 
Tuesday, April 25, 2023

(NASDAQ: NTCT), a leading provider of performance management, cybersecurity, and DDoS protection solutions, today revealed the findings of a commissioned Forrester Consulting Total Economic Impact™ study evaluating the cost savings and business benefits of deploying the NETSCOUT nGenius® Enterprise Performance Management solution to monitor real-time application performance and end-user experience.

Key Points: 
  • (NASDAQ: NTCT), a leading provider of performance management, cybersecurity, and DDoS protection solutions, today revealed the findings of a commissioned Forrester Consulting Total Economic Impact™ study evaluating the cost savings and business benefits of deploying the NETSCOUT nGenius® Enterprise Performance Management solution to monitor real-time application performance and end-user experience.
  • Based on a financial assessment and interviews with decision-makers that had implemented the solution, the Forrester study found that over three years, the nGenius Enterprise Performance Management solution provided a composite organization representative of interviewed customers:
    “Organizations rely on mission-critical applications and cannot tolerate costly outages or performance issues,” stated Michael Szabados, Chief Operating Officer at NETSCOUT.
  • “We believe Forrester’s research shows that organizations using nGenius Enterprise Performance Management can achieve high returns on investment by avoiding lengthy downtime and loss of revenue by enabling faster resolution of root causes and more efficient use of internal resources.”
    Following interviews with NETSCOUT customers, the Forrester study also found that NETSCOUT offered several additional benefits, such as reduced performance degradation incidents through proactive monitoring and stellar post-sales support.
  • To review the findings of the study, please visit our website .

Black Diamond Advisory Welcomes Seasoned Executive Michael Heukels as Vice President of Delivery

Retrieved on: 
Thursday, March 30, 2023

WASHINGTON, March 30, 2023 /PRNewswire-PRWeb/ -- Black Diamond Advisory, the leading Global Digital Finance Transformation firm and OneStream Diamond Partner, is pleased to announce the appointment of a new Vice President of Delivery to its Global Advisory team in Washington D.C. as part of its continued expansion efforts.

Key Points: 
  • As Black Diamond Advisory continues to experience rapid growth, the global firm prioritizes customer success through ongoing investment
    WASHINGTON, March 30, 2023 /PRNewswire-PRWeb/ -- Black Diamond Advisory, the leading Global Digital Finance Transformation firm and OneStream Diamond Partner, is pleased to announce the appointment of a new Vice President of Delivery to its Global Advisory team in Washington D.C. as part of its continued expansion efforts.
  • Michael Heukels is a seasoned executive with more than 20 years of finance experience, which includes time at LR Paris where he served as CFO.
  • Michael will be focusing on ensuring that Black Diamond Advisory remains focused on customer success while continuing its rapid growth.
  • Black Diamond Advisory is expanding its Global Advisory services in response to client demands, aligning with its mission to transform companies and create an industry powerhouse of top talent in OneStream technology.

NETSCOUT nGenius Delivers Robust Enterprise Performance Management for Business-Critical Applications

Retrieved on: 
Tuesday, February 28, 2023

“Our partnership with F5 helps ITOps teams discover, automatically gain control, and continually monitor custom applications to ensure SLAs are met,” stated Paul Barrett, CTO of Enterprise, NETSCOUT. “Since these applications typically drive greater revenue, profitability, and competitive differentiation to ensure a better customer experience -- or help comply with regulatory requirements -- assuring optimal performance and security is essential.”

Key Points: 
  • (NASDAQ: NTCT), a leading provider of cybersecurity, service assurance, and business analytics solutions, continues to advance the performance management market with its nGenius® Enterprise Performance Management solution that offers support for more than 1,000 voice, video, and business data applications out of the box.
  • This capability is now further enhanced through the integration of nGeniusONE® and F5 technologies to automatically configure monitoring for custom applications.
  • In addition, the Cloud Security Alliance recently reported that the average enterprise uses 464 custom applications and expects to deploy 37 new applications in the next 12 months.
  • “Our partnership with F5 helps ITOps teams discover, automatically gain control, and continually monitor custom applications to ensure SLAs are met,” stated Paul Barrett, CTO of Enterprise, NETSCOUT.

FPT Software and Anaplan Asia Pacific Partner to Enhance Enterprise Performance across Southeast Asia

Retrieved on: 
Wednesday, February 8, 2023

FPT Software, Vietnam’s leading technology and IT services provider recently entered a strategic partnership with business planning and decision-making platform Anaplan Asia Pacific.

Key Points: 
  • FPT Software, Vietnam’s leading technology and IT services provider recently entered a strategic partnership with business planning and decision-making platform Anaplan Asia Pacific.
  • As Anaplan Asia Pacific’s regional integration partner, FPT Software sets to deliver cloud-based Enterprises Performance Management to businesses across Southeast Asia.
  • View the full release here: https://www.businesswire.com/news/home/20230207005861/en/
    The alliance expands Anaplan’s reach to new customer segments in FPT Software’s world-leading digital transformation portfolio throughout the Southeast Asia region.
  • “The partnership with Anaplan will enable FPT Software to extend its outreach in the Digital Transformation services portfolio.

Crossmedia Names Dr. Ramendra Singh Chief Performance Media Officer

Retrieved on: 
Tuesday, September 27, 2022

NEW YORK, Sept. 27, 2022 /PRNewswire/ -- Crossmedia, the global independent media agency network, has hired Dr. Ramendra (Ram) Singh as its first Chief Performance Media Officer to lead the agency's performance media and analytics functions. 

Key Points: 
  • NEW YORK, Sept. 27, 2022 /PRNewswire/ --Crossmedia, the global independent media agency network, has hired Dr. Ramendra (Ram) Singh as its first Chief Performance Media Officer to lead the agency's performance media and analytics functions.
  • Crossmedia U.S. CEO Kamran Asghar said Singh joins a diverse, seasoned C-Suite fortified by recent additions of a Chief Operating Officer, Chief Strategy Officer, Chief People Officer and Head of Investment.
  • Singh has served as Chief Marketing Officer (CMO), Chief Analytics Officer (CAO/CDO/CDAO), and Chief Product Officer (CPO) at Fortune 500 firms for more than two decades.
  • For the past seven years, he was Chief Analytics Officer at Performics, the performance marketing arm of Publicis Media.

Flock Safety Strengthens Leadership Team With New Chief Financial Officer James LaCamp, Formerly SVP Finance at Coupa

Retrieved on: 
Wednesday, July 6, 2022

Atlanta, GA, July 06, 2022 (GLOBE NEWSWIRE) -- Flock Safety , the public safety operating system aiming to eliminate crime within an ethical framework, announces the addition of the companys first Chief Financial Officer (CFO), James LaCamp .

Key Points: 
  • Atlanta, GA, July 06, 2022 (GLOBE NEWSWIRE) -- Flock Safety , the public safety operating system aiming to eliminate crime within an ethical framework, announces the addition of the companys first Chief Financial Officer (CFO), James LaCamp .
  • James experience building sustainable, revenue-generating growth companies and developing the financial strategy necessary to bring a private company into the public market will augment the strong leadership team we already have in place at Flock Safety, said Garrett Langley, Founder and CEO of Flock Safety.
  • This leadership team will empower the now-500+ Flock employees across the country to build an enduring company that eliminates crime.
  • Law enforcement agencies report 600-700 crimes per day solved with Flock Safety technology, approaching 3% of all reported crime in America.