WNS

Australian Utilities Go Digital to Meet Multiple Challenges

Retrieved on: 
Tuesday, August 8, 2023

“Digital transformation is no longer a choice for Australian utilities,” said Michael Gale, ISG partner in Australia.

Key Points: 
  • “Digital transformation is no longer a choice for Australian utilities,” said Michael Gale, ISG partner in Australia.
  • Traditional utilities face competition from new market entrants, while consumers expect an improved, omnichannel customer experience.
  • Further heightening the pressure, increasingly connected systems in Australian power grids have broadened the scope of potential cyberattacks, making it harder for utilities to manage risks, the report says.
  • “Experienced service providers are helping Australian utilities overcome a cybersecurity skills shortage to build essential protections.”
    The report also explores other trends in the Australian power and utilities industry, including the growing deployment of microgrids in remote regions and the gradual transition to electric vehicles.

EU’s Energy Firms Pursue Shared Goal of Self-Reliance

Retrieved on: 
Monday, August 7, 2023

The 2023 ISG Provider Lens™ Power and Utilities – Services and Solutions report for Europe finds key investments in the region’s energy grid are focused on self-reliance.

Key Points: 
  • The 2023 ISG Provider Lens™ Power and Utilities – Services and Solutions report for Europe finds key investments in the region’s energy grid are focused on self-reliance.
  • “Utilities are under constant pressure to reduce operating costs and improve customer service,” said Ola Chowning, ISG partner, North Europe.
  • The continent has long offered a good combination of nuclear, conventional and renewable power generation and the options for customers to choose among utilities.
  • The growing shift toward clean energy is fundamentally changing the dynamics of the European power and utilities sector, ISG says.

CPUcoin and Wire Network Partner to Power Edge-ready Decentralized Computation at Scale

Retrieved on: 
Wednesday, August 2, 2023

The partnership will accelerate the launch of CPUcoin’s High Definition NFT and Generative AI capabilities, along with other decentralized apps and services.

Key Points: 
  • The partnership will accelerate the launch of CPUcoin’s High Definition NFT and Generative AI capabilities, along with other decentralized apps and services.
  • The combined technology of Wire Network and CPUcoin is set to solve some of the biggest problems of decentralization in blockchain.
  • CPUcoin will control one out of twenty-one Wire Network tier1 nodes and gain access to 4% of the network's initial resources to enable their middleware Computing Global Network (CGN).
  • In addition, via the Wire Network microtransaction system, all miners will now enjoy automatic reward delivery instantly to their wallet.

New Release of The Smart Cube’s Amplifi PRO Leverages NLQ and Gen AI to Enable Faster Access to Intelligence for More Effective Decision-making

Retrieved on: 
Tuesday, August 1, 2023

Users can now post their questions directly on Amplifi PRO and receive a summarised response within seconds.

Key Points: 
  • Users can now post their questions directly on Amplifi PRO and receive a summarised response within seconds.
  • The enhanced search combines The Smart Cube’s custom Natural Language Query (NLQ) framework, powered by BERT*, and the capabilities of GPT3.5 models.
  • Dashboards include the competitive landscape and risk profile for top suppliers in each category, powered by Smart Risk - The Smart Cube’s proprietary risk monitoring platform.
  • The Smart Cube was acquired by WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, in December 2022.

WNS Announces Fiscal 2024 First Quarter Earnings, Revises Full Year Guidance

Retrieved on: 
Thursday, July 20, 2023

WNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced results for the fiscal 2024 first quarter ended June 30, 2023.

Key Points: 
  • WNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced results for the fiscal 2024 first quarter ended June 30, 2023.
  • Profit in the fiscal first quarter was $30.1 million, as compared to $33.1 million in Q1 of last year and $36.4 million in the previous quarter.
  • “In the fiscal first quarter, WNS continued to deliver healthy financial results and position our business for long-term success,” said Keshav Murugesh, WNS’ Chief Executive Officer.
  • Guidance assumes an average GBP to USD exchange rate of 1.27 for the remainder of fiscal 2024.

WNS to Release Fiscal 2024 First Quarter Financial and Operating Results on July 20, 2023

Retrieved on: 
Wednesday, July 5, 2023

WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced it will release its fiscal 2024 first quarter financial and operating results at approximately 6:00 a.m. Eastern on Thursday, July 20, 2023.

Key Points: 
  • WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced it will release its fiscal 2024 first quarter financial and operating results at approximately 6:00 a.m. Eastern on Thursday, July 20, 2023.
  • Following the release, WNS management will host a call on July 20, 2023 at 8:00 a.m. Eastern.
  • Chief Executive Officer, Keshav Murugesh, and Chief Financial Officer, Sanjay Puria will review the results of the fiscal 2024 first quarter ended June 30, 2023 on the teleconference.
  • To access the call in “listen-only” mode, please join live via the company’s investor relations website at ir.wns.com .

Menzies Aviation Selects WNS to Transform their Finance Shared Services

Retrieved on: 
Wednesday, June 28, 2023

WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced that it has been selected by Menzies Aviation, the leading service partner to the world’s airports and airlines, to transform their global finance shared services organization.

Key Points: 
  • WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced that it has been selected by Menzies Aviation, the leading service partner to the world’s airports and airlines, to transform their global finance shared services organization.
  • View the full release here: https://www.businesswire.com/news/home/20230628063911/en/
    WNS will enable Menzies Aviation to transform their financial activities by improving accuracy, efficiency, scalability, security, and process standardization, while reducing the cost of operations.
  • The shared services model will leverage WNS’ travel and logistics expertise, robust portfolio of F&A solutions, and differentiated automation capabilities.
  • “We are looking forward to sharing the benefits from partnering with WNS to help transform our global finance and accounting shared services.

WNS Recognized as a Leader in the 2023 Gartner® Magic Quadrant™ for Finance & Accounting Business Process Outsourcing

Retrieved on: 
Thursday, June 8, 2023

WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced that it has been recognized as a Leader by Gartner in its 2023 Magic Quadrant™ for Finance and Accounting (F&A) Business Process Outsourcing .

Key Points: 
  • WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced that it has been recognized as a Leader by Gartner in its 2023 Magic Quadrant™ for Finance and Accounting (F&A) Business Process Outsourcing .
  • WNS has been positioned as a Leader in the Magic Quadrant™ for the second consecutive year.
  • "WNS is accelerating the finance organization’s transformative journey and creating future-readiness through our domain-centric F&A expertise supported by advanced analytics and AI-led technology platforms.
  • Gartner, “Magic Quadrant for Finance and Accounting Business Process Outsourcing,” Sanjay Champaneri, Geraldine Garaud, Jan Ambergen, 10 May 2023.

WNS Denali Recognized as a ‘Leader’ in Procurement BPO & Transformation Consulting Services by ISG

Retrieved on: 
Thursday, May 25, 2023

WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced that WNS Denali has been recognized for the third consecutive year as a ‘Leader’ in Procurement BPO Services and Transformation Consulting Services for large accounts by Information Services Group (ISG) in their April 2023 ISG Provider Lens™ Global Quadrant report .

Key Points: 
  • WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced that WNS Denali has been recognized for the third consecutive year as a ‘Leader’ in Procurement BPO Services and Transformation Consulting Services for large accounts by Information Services Group (ISG) in their April 2023 ISG Provider Lens™ Global Quadrant report .
  • WNS Denali was named a Leader in Procurement BPO services based on its differentiated CPOTRAC procurement suite, strategic acquisitions, and strong technology and solution partner ecosystem.
  • In the area of Transformation Consulting Services, WNS Denali was also recognized as a ‘Leader’ based upon its focused ability to transform procurement organizations, core operations, and proprietary data into strategic client business resources.
  • “WNS Denali’s strategic investments and ongoing improvements help it maintain and advance a very strong leadership position in procurement BPO and transformation services,” said Bruce Guptill, ISG

WNS Announces Board Approval of FY’24 Share Repurchases

Retrieved on: 
Monday, May 22, 2023

WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced that its Board of Directors has approved repurchases for fiscal 2024 under its existing share repurchase program.

Key Points: 
  • WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced that its Board of Directors has approved repurchases for fiscal 2024 under its existing share repurchase program.
  • The company intends to begin the repurchases with immediate effect.
  • “As disruption to our client’s business models from technology advancements continues to accelerate, the opportunity for BPM partners like WNS to help deliver transformative solutions and business outcomes is increasing,” said Keshav R. Murugesh, Group CEO, WNS.
  • This accelerated share repurchase program demonstrates the company’s confidence in the long-term health and resiliency of our business model, our differentiated capabilities, and our ability to execute.