Laas

E2open Announces Fiscal 2024 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Monday, April 29, 2024
Software, Technology, Transport, Logistics, Supply Chain Management, Magic, Software as a service, Culture, Laas, EPS, IDC, ID, GAAP, Growth, TMS, Video game

E2open Parent Holdings, Inc. (NYSE: ETWO) (“e2open” or the “Company”), the connected supply chain SaaS platform with the largest multi-enterprise network, today announced financial results for its fiscal fourth quarter and full year ended February 29, 2024.

Key Points: 
  • E2open Parent Holdings, Inc. (NYSE: ETWO) (“e2open” or the “Company”), the connected supply chain SaaS platform with the largest multi-enterprise network, today announced financial results for its fiscal fourth quarter and full year ended February 29, 2024.
  • Total GAAP revenue for the fourth quarter of 2024 was $158.5 million, a decrease of 4.7% from the year-ago comparable period.
  • GAAP gross profit for the fourth quarter of 2024 was $80.5 million, a decrease of 7.5% from the year-ago comparable period.
  • ET to review fiscal fourth quarter and full fiscal year 2024 financial results, in addition to discussing the Company’s outlook for the full fiscal year 2025.

iBusiness Funding Breaks Company Record with Over $100MM of SBA 7(a) Loans Processed and Funded in Q1 2024 through Lender Network

Retrieved on: 
Tuesday, April 16, 2024
LSP, Software, Laas, SBA, Bank

FORT LAUDERDALE, Fla., April 16, 2024 /PRNewswire/ -- iBusiness Funding, a trailblazer in SBA and business lending solutions, is proud to announce a record-setting quarter in Q1 2024, with $105 million in SBA 7(a) loans processed through their network of SBA authorized lenders. This milestone underscores the growing success of their Lending as a Service (LaaS) offering, powered through their proprietary LenderAI software. With this record-setting quarter paving the way, iBusiness Funding is now processing over $40MM monthly for their clients.

Key Points: 
  • FORT LAUDERDALE, Fla., April 16, 2024 /PRNewswire/ -- iBusiness Funding, a trailblazer in SBA and business lending solutions, is proud to announce a record-setting quarter in Q1 2024, with $105 million in SBA 7(a) loans processed through their network of SBA authorized lenders.
  • This milestone underscores the growing success of their Lending as a Service (LaaS) offering, powered through their proprietary LenderAI software.
  • With this record-setting quarter paving the way, iBusiness Funding is now processing over $40MM monthly for their clients.
  • In addition to this financial achievement, iBusiness Funding is proud to highlight its significant role in supporting diverse businesses.

ComEd Proposes Discount Program to Reduce Energy Burden for Income-Eligible Customers

Retrieved on: 
Tuesday, March 12, 2024
Philanthropy, Other Energy, Utilities, Oil, Gas, Other Philanthropy, Energy, EXC, Electricity, PIPP, SARP, ICC, Percentage, FPL, Laas, LIHEAP, Commission, Illinois Commerce Commission, Government, LID, Exelon, Commonwealth, Commonwealth Edison

ComEd yesterday presented a proposal to the Illinois Commerce Commission (ICC) outlining a new Low-Income Discount (LID) program to help income-eligible customers manage their energy bills.

Key Points: 
  • ComEd yesterday presented a proposal to the Illinois Commerce Commission (ICC) outlining a new Low-Income Discount (LID) program to help income-eligible customers manage their energy bills.
  • The proposed program would enable qualifying customers to receive a percentage-based discount on their monthly electric bill determined by income level.
  • “ComEd’s newly proposed low-income discount program builds upon our longstanding commitment to keep bills affordable for all customers,” said Gil Quiniones , President and CEO, ComEd.
  • The program will also promote opportunities for low-income households to participate in the ComEd Energy Efficiency Program, which helps customers manage energy use to save money on future energy bills.

iSeatz Adds Enterprise Loyalty Experts to its Executive Team

Retrieved on: 
Thursday, April 4, 2024
WorldPay, American Express, Wine, Software as a service, Apple, Veteran, InterContinental, Laas, Partnership, Customer success, SVP, Travel, Bank, Acquisition, IHG Hotels & Resorts, Bank of Montreal, Royal Bank, IMS, Operation, Worldpay, Wyndham Hotels & Resorts, Golf, Banking in Canada, Management

NEW ORLEANS, April 4, 2024 /PRNewswire/ -- iSeatz, a leading provider of travel loyalty technology solutions for major airline, hotel, and financial services companies, today announced that Larry Wine and Dave Parsons have joined its executive team, adding substantial enterprise loyalty expertise to an already robust leadership group. Wine has been named as the company's new President, and Parsons assumes the role of Chief Customer Officer, both focused on new client growth in key market segments.

Key Points: 
  • Both are veterans of Bridge2 Solutions, an enterprise loyalty SaaS company acquired by InterContinental Exchange/Bakkt in 2020.
  • Their experience and expertise in this field will offer an invaluable strategic advantage as iSeatz expands its Loyalty-as-a-Service (LaaS) capabilities.
  • "Dave and I are thrilled to formally join the iSeatz team," said Wine, speaking for the pair of new executives.
  • For more information about the iSeatz executive team and growth strategies, or to speak with Kenneth Purcell, CEO of iSeatz, please contact [email protected] .

Epic River Launches Its Digital Lending Platform for Credit Unions

Retrieved on: 
Monday, March 4, 2024
Technology, Payments, Hospitals, Banking, Electronic Commerce, Health Technology, Professional Services, Software, Managed Care, Health, Laas, Patient, Risk, Bank

Epic River , a lending-as-a-service platform provider that connects financial institutions with healthcare providers to streamline patient payments, announced today the launch of its comprehensive digital lending platform specifically tailored for credit unions.

Key Points: 
  • Epic River , a lending-as-a-service platform provider that connects financial institutions with healthcare providers to streamline patient payments, announced today the launch of its comprehensive digital lending platform specifically tailored for credit unions.
  • Patient lending is an ideal way for credit unions to enter the Lending-as-a-Service (LaaS) market while addressing an increasingly problematic trend in the healthcare industry, non-payment of patient bills.
  • Dan Edgerton, Chief Lending Officer of Clarity Credit Union, said, “Epic River has been a wonderful partner for us, empowering our credit union to venture into new service capabilities and enhance our support for vital community organizations.
  • Leveraging the Epic River platform equips credit unions to extend loans to local healthcare providers, creating access to a larger loan volume and an additional source of interest income.

Top 8 Growth Opportunities in Lighting for 2024: Circular Lighting to Accelerate Sustainable Buildings and Business Operations - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 27, 2024
Construction & Property, Other Manufacturing, Building Systems, Manufacturing, Laas, Retail

Rapid advancements in connectivity, wireless technologies, and value-added services, including innovative business models such as lighting-as-a-service (LaaS), will characterize the lighting industry in 2024.

Key Points: 
  • Rapid advancements in connectivity, wireless technologies, and value-added services, including innovative business models such as lighting-as-a-service (LaaS), will characterize the lighting industry in 2024.
  • These trends, coupled with the growing focus on sustainability and smart buildings, are poised to create exciting opportunities for revenue growth and technology development in the lighting market.
  • The shift toward decarbonization will create opportunities for lighting manufacturers to offer low-carbon and sustainable lighting solutions.
  • Circular lighting concepts will witness an increased uptake for longer lifespan, easier end-of-life management, and material recycling of lighting products.

Global Lighting Industry - Top 8 Growth Opportunities in 2024

Retrieved on: 
Wednesday, February 21, 2024
Laas, Retail

DUBLIN, Feb. 21, 2024 /PRNewswire/ -- The "Top 8 Growth Opportunities in Lighting, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 21, 2024 /PRNewswire/ -- The "Top 8 Growth Opportunities in Lighting, 2024" report has been added to ResearchAndMarkets.com's offering.
  • Rapid advancements in connectivity, wireless technologies, and value-added services, including innovative business models such as lighting-as-a-service (LaaS), will characterize the lighting industry in 2024.
  • These trends, coupled with the growing focus on sustainability and smart buildings, are poised to create exciting opportunities for revenue growth and technology development in the lighting market.
  • The shift toward decarbonization will create opportunities for lighting manufacturers to offer low-carbon and sustainable lighting solutions.

Rapid Finance Announces Partnership With LoanPro to Provide Lending-as-a-Service to Small Businesses Across the U.S.

Retrieved on: 
Thursday, January 25, 2024
Software, Internet, Data Management, Small Business, Accounting, Professional Services, Technology, Fintech, Entrepreneurship, KYC, LOS, Enterprise, Partnership, API, KYB, Laas, Organization, Small business, Rapid Finance, Growth, Bank

By simplifying the loan origination process and increasing efficiency, Decisioneer provides borrowers and lenders with a customized user experience with a significantly accelerated loan decisioning and underwriting process.

Key Points: 
  • By simplifying the loan origination process and increasing efficiency, Decisioneer provides borrowers and lenders with a customized user experience with a significantly accelerated loan decisioning and underwriting process.
  • The integration with LoanPro’s API-first platform creates a seamless transition from loan origination to management and servicing to cultivate deeper borrower relationships.
  • “LoanPro is passionate about our mission of providing the platform to innovate the future of finance, and we’re certain that through our partnership with Rapid Enterprise, we’ll unlock greater innovation for small businesses,” said Rhett Roberts, Co-Founder and CEO of LoanPro.
  • “Together, our organizations are leveraging the latest technology to help enterprises modernize their lending programs and provide them with the tools they need to grow and succeed.”

U.S. NTIA Awards Funding to VIAVI Automated Lab-as-a-Service for Open RAN

Retrieved on: 
Thursday, January 11, 2024
CHIPS, Library, RAN, Hotbed, Science, Ecosystem, Laas, Viavi Solutions, Investment, Benchmarking, Telecommunications, Automation, Mobility as a service, NTIA, Certification, Renewable energy

The grant is a total amount of $21.7 million in funding over a three-year performance period for the VIAVI Automated Lab-as-a-Service for Open RAN (VALOR).

Key Points: 
  • The grant is a total amount of $21.7 million in funding over a three-year performance period for the VIAVI Automated Lab-as-a-Service for Open RAN (VALOR).
  • This solution is designed to manage and support 5G and Open RAN projects that would benefit from access to tools and expert staff with a minimal ramp-up time.
  • VALOR intends to empower Open RAN component providers to leverage LaaS in a structurally cost-effective way that the NTIA grant will further augment, regardless of the scale of a component provider's operation.
  • As a leader in 5G and upcoming 6G, VIAVI is committed to certification, benchmarking, optimization and verification to enhance the efficiency, automation, and security of Open RAN systems."

Connected Logistics Market size to increase by USD 62.29 billion during 2023-2027, Effective management of temperature-sensitive products to drive the growth - Technavio

Retrieved on: 
Monday, January 8, 2024
Cloud, Sustainability, SAP, Global Positioning System, Data wrangling, HCLTech, Cloud computing, Robert Williams (robot fatality), Oracle Corporation, USD, Cobot, Sample, Free, Fleet management, Mode, Nature, Telematics, Customer experience, Artificial intelligence, Machine learning, Software, Amazon (company), Cross, Radio-frequency identification, Environmental monitoring, Thales Group, Huawei, Accenture, Predictive analytics, GPS, Cisco, Carriageway, Supply, Internet of things, Hardware, YOY, PTC, Supply chain management, SCM, Qualcomm, Failure, Effectiveness, IBM, Connected, Build automation, Intel, Laas, Growth, RFID, Microsoft, Speciality chemicals

NEW YORK , Jan. 8, 2024 /PRNewswire/ -- The connected logistics market size is expected to grow by USD 62.29 billion between 2022 and 2027.

Key Points: 
  • NEW YORK , Jan. 8, 2024 /PRNewswire/ -- The connected logistics market size is expected to grow by USD 62.29 billion between 2022 and 2027.
  • Effective management of temperature-sensitive products is a key factor driving market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • Driver - The growth of the Connected Logistics Market is driven by diverse factors including Effective management of temperature-sensitive products.