Churn

EQS-News: Exasol announces preliminary figures for the 2023 financial year and outlook for 2024

Retrieved on: 
Wednesday, March 13, 2024

For the 2024 financial year, Exasol expects ARR to increase by up to 10% compared to the previous year*.

Key Points: 
  • For the 2024 financial year, Exasol expects ARR to increase by up to 10% compared to the previous year*.
  • In the second half of 2024, pipeline from market initiatives launched in Q4 2023 will again lead to a positive ARR trend.
  • Exasol will report additional preliminary figures for the 2023 financial year in the conference call scheduled for February 21, 2024.
  • The publication of the complete and audited consolidated financial statements for the 2023 financial year is scheduled for May 7, 2024.

EQS-News: Exasol Unveils New Suite of AI Tools to Turbocharge Enterprise Data Analytics

Retrieved on: 
Wednesday, March 13, 2024

With these new features, Espresso AI provides organizations with the tools needed to harness the power of their data for advanced AI-driven insights and decision-making.

Key Points: 
  • With these new features, Espresso AI provides organizations with the tools needed to harness the power of their data for advanced AI-driven insights and decision-making.
  • By leveraging Espresso AI, data teams are equipped to address business-critical needs such as demand forecasting, fraud detection, and churn prediction.
  • Exasol has enhanced its versatile query engine, Exasol Espresso , with Espresso AI, bringing AI and business intelligence (BI) together to enable better BI reports with predictive machine learning (ML) models.
  • Exasol AI Lab: A new container-based solution that allows data scientists to integrate Exasol’s in-memory analytics database into their preferred data science ecosystem to create optimized AI models faster and deploy them at scale.

EQS-News: Telefónica Deutschland: Confident FY24 outlook based on good business momentum and ‘Accelerated Growth & Efficiency Plan’

Retrieved on: 
Wednesday, March 13, 2024

The renowned connect magazine awarded Telefónica Deutschland’s O2 network with a ‘very good’ rating for the fourth time in a row despite tougher test criteria each year.

Key Points: 
  • The renowned connect magazine awarded Telefónica Deutschland’s O2 network with a ‘very good’ rating for the fourth time in a row despite tougher test criteria each year.
  • In parallel, Telefónica Deutschland is continuously pursuing its ESG commitments to make a substantial contribution to a sustainable digital future.
  • O2 postpaid churn confirmed a low rate of 1.1% in Q4 23 (1.2% in Q4 22) respective 1.0% in FY23.
  • Telefónica Deutschland consistently delivered growth throughout FY23 with robust commercial traction and sustained healthy financial performance.

Kneat Announces Record Revenue for Fourth Quarter and Full Year 2023

Retrieved on: 
Wednesday, February 21, 2024

SaaS revenue for the fourth quarter of 2023 grew 58% to $8.9 million, versus $5.7 million for the fourth quarter of 2022.

Key Points: 
  • SaaS revenue for the fourth quarter of 2023 grew 58% to $8.9 million, versus $5.7 million for the fourth quarter of 2022.
  • Gross margin in the fourth quarter of 2023 was 72%, compared to 63% for the fourth quarter of 2022, and 65% for the third quarter of 2023.
  • EBITDA1 in the fourth quarter of 2023 was ($0.1) million, compared with $2.2 million for the fourth quarter of 2022.
  • Adjusted EBITDA1 in the fourth quarter of 2023 was ($0.4) million, compared with ($1.3) million for the fourth quarter of 2022.

Synchronoss to Unveil New Version of AI-Powered Personal Cloud Platform at Mobile World Congress

Retrieved on: 
Wednesday, February 21, 2024

BRIDGEWATER, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (NASDAQ: SNCR), a global leader and innovator in personal cloud platforms, today announced it will showcase the latest version of Synchronoss Personal Cloud at Mobile World Congress on February 26-29, 2024, in Barcelona, Spain.

Key Points: 
  • BRIDGEWATER, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (NASDAQ: SNCR), a global leader and innovator in personal cloud platforms, today announced it will showcase the latest version of Synchronoss Personal Cloud at Mobile World Congress on February 26-29, 2024, in Barcelona, Spain.
  • Purpose-built for telecom operators and mobile service providers, Synchronoss Personal Cloud delivers a robust platform to backup and manage files, photos, videos, and digital content stored on mobile phones and other devices.
  • “We’re looking forward to unveiling the latest evolution of the Synchronoss Personal Cloud platform at Mobile World Congress,” said Jeff Miller, President and CEO of Synchronoss.
  • The new features of Synchronoss Personal Cloud are being rolled out to millions of subscribers, including cloud users at AT&T, Verizon, and SoftBank.

Shenandoah Telecommunications Company Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 21, 2024

EDINBURG, Va., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced fourth quarter and full year 2023 financial and operating results.

Key Points: 
  • EDINBURG, Va., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced fourth quarter and full year 2023 financial and operating results.
  • Consolidated net income in the fourth quarter of 2023 was $2.6 million, compared with net loss of $1.8 million in the fourth quarter of 2022.
  • Broadband operating expenses in the fourth quarter of 2023 were $57.1 million compared with $61.9 million in the fourth quarter of 2022.
  • Tower revenue for the fourth quarter of 2023 was consistent with revenue for fourth quarter of 2022.

Tecnotree Secures Multimillion-Dollar Deal with Umniah, Pioneering Sensa AIML Embedded BSS Transformation

Retrieved on: 
Monday, February 26, 2024

With this project, Tecnotree aims to provide AI-embedded BSS customer engagement for the operator.

Key Points: 
  • With this project, Tecnotree aims to provide AI-embedded BSS customer engagement for the operator.
  • The deal, implementing a full BSS stack along with the Tecnotree Sensa Intelligence platform operationalizes AI across business workflows and is the second win for Tecnotree in terms of AIML-driven customer experience use case.
  • View the full release here: https://www.businesswire.com/news/home/20240226721394/en/
    Tecnotree Secures Multimillion-Dollar Deal with Umniah, Pioneering Sensa AIML Embedded BSS Transformation (Photo: Business Wire)
    Under this project, Umniah seeks to upgrade its current CRM system with a new CX implementation targeting improvements in NPS, reduction of churn, and an increase in ARPU.
  • As part of the agreement, Tecnotree will deploy Sensa AI-embedded BSS applications streamlining the AI development lifecycle and driving faster time to value across products.

Exasol Unveils New Suite of AI Tools to Turbocharge Enterprise Data Analytics

Retrieved on: 
Wednesday, February 21, 2024

By leveraging Espresso AI, data teams are equipped to address business-critical needs such as demand forecasting, fraud detection, and churn prediction.

Key Points: 
  • By leveraging Espresso AI, data teams are equipped to address business-critical needs such as demand forecasting, fraud detection, and churn prediction.
  • Exasol has enhanced its versatile query engine, Exasol Espresso , with Espresso AI, bringing AI and business intelligence (BI) together to enable better BI reports with predictive machine learning (ML) models.
  • Exasol AI Lab: A new container-based solution that allows data scientists to integrate Exasol’s in-memory analytics database into their preferred data science ecosystem to create optimized AI models faster and deploy them at scale.
  • “With a focus on data preparation, advanced AI integration, and strategic partnership, Exasol is poised to empower enterprises to harness the value of AI-driven analytics.

iQor Drives Digital Transformation in Retail With NICE CXone

Retrieved on: 
Tuesday, February 20, 2024

The integration of CXone’s highly customizable, metrics-based routing directs incoming voice and digital customer interactions to the most suitable contact center agent.

Key Points: 
  • The integration of CXone’s highly customizable, metrics-based routing directs incoming voice and digital customer interactions to the most suitable contact center agent.
  • This optimizes performance for retail brands experiencing seasonal fluctuations in volume to consistently deliver exceptional CX.
  • This ease of doing business reaffirms our commitment to innovation and excellence in customer service,” said iQor Chief Digital Officer Prabhjot Singh.
  • They discuss how iQor leverages NICE CXone to augment human and operational excellence and deliver irresistible CX that makes customers smile.

Leopard Solutions Analyzes Legal Industry Trends, Emphasizing the Need for Proactive Strategies to Seize Opportunities for 2024

Retrieved on: 
Thursday, March 7, 2024

NEW YORK, March 7, 2024 /PRNewswire/ -- Leopard Solutions, a leading legal intelligence provider, has released its annual comprehensive white paper analyzing the 2023 State of The Legal Industry, dubbing it "The Year of Reaction." The report highlights law firms' challenges and shifts in hiring, practice areas, and partnership trends. It offers invaluable information for legal industry leaders to proactively refine their business development, competitive intelligence, recruiting, and marketing strategies for 2024.

Key Points: 
  • It offers invaluable information for legal industry leaders to proactively refine their business development, competitive intelligence, recruiting, and marketing strategies for 2024.
  • In the tumultuous landscape of 2023, law firms found themselves reacting to seismic events, foregoing proactive goal pursuit.
  • As the legal industry confronts a complex macroeconomic landscape with global conflicts and inflation, Leopard Solutions anticipates a continued focus on reactive strategies.
  • For a more detailed overview of Leopard Solutions' 2023 State of the Legal Industry Report, please click here: https://bit.ly/State-of-Industry-Report-2023 .