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(BUSINESS WIRE) -- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products, and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced results for the 2023 fourth quarter and fiscal year ended December 31, 2023.

Fourth Quarter 2023 Financial Highlights

Revenue was $112.1 million for the 2023 fourth quarter, an increase of 3.2% compared to $108.6 million for the same period last year.

Annualized Recurring Revenue was $432.3 million for the 2023 fourth quarter, an increase of 2.9% compared to $420.0 million for the same period last year.

Active Clients as of December 31, 2023 were 3,038, an increase of 0.6% compared to 3,020 Active Clients as of December 31, 2022.

Revenue Retention Rate was 90% and 92% for the trailing 12 months ended December 31, 2023 and 2022, respectively.

Gross margin was 61.0% for the 2023 fou ... Read more »

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SES’s Managed Enterprise service will enable INRED to connect thousands of remote sites across Colombia to support the Ministry of Information and Communication Technologies’ digital inclusion projects

(BUSINESS WIRE) -- Following a series of successful collaborations to close the digital divide, Colombian local connectivity service provider INRED and SES announced today they will deliver high-throughput satellite services for Colombia’s Ministry of Information and Communication Technologies (MinTic) to support digital inclusion projects across the country. INRED will utilise SES’s Managed Enterprise service delivered via its Geostationary Earth Orbit (GEO) satellites to connect 300 new sites, including those in remote areas that cannot be reached by traditional, fiber-based terrestrial networks.

As part of the project called "Zonas Comunitarias para la Paz", INRED will provide free Wi-Fi services to historic ... Read more »

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MEUDON, France -
Eseye, a global IoT connectivity solutions provider, is leveraging Thales connectivity management expertise to enhance IoT devices with an automatic, seamless, optimal local network connection when first powered up.
Thales Adaptive Connect (TAC) is a flexible cloud-based solution that eliminates the need for Eseye to configure a large number of IoT devices before deployment in the field. TAC is the first market-ready solution to provide such level of scalability and resilience.
Implementing the Thales solution with Eseye’s Infinity platform provides eSIM-based devices with out-of-the-box connectivity, streamlined operations across manufacturing and logistics, while complying with security standards.

(BUSINESS WIRE) -- Eseye, a global IoT connectivity solutions provider, has selected Thales to accelerate and simplify worldwide IoT deployment with a seamless connectivity solution. Thales pioneering solution enables Eseye to ... Read more »

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(BUSINESS WIRE)--LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announced that it has joined the IBM Quantum Network to explore quantum computing innovation for the benefit of its global clientele across multiple industries. LTIMindtree is the first Indian Global System Integrator (GSI) to join the IBM Quantum Network.

LTIMindtree will also collaborate with the Indian Institute of Technology (IIT) Madras, which is also an IBM Quantum Innovation Center, on joint quantum research and workforce development.

Scott Crowder, Vice President of IBM Quantum Adoption and Business Development, said, “We are excited to welcome LTIMindtree into the IBM Quantum Network and to help them explore the benefits of quantum computing, both for their internal teams and in solutions for their clients. We are also looking forward to providing technology support for LTIMindtree’s joint research and educational engagements with ... Read more »

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GREENWICH, Conn. - Wednesday, 28. February 2024 AETOSWire 

Combining Streamlined Design with Powerful Tools


(BUSINESS WIRE)--Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, is excited to introduce IBKR Desktop, the next-generation desktop trading application for Windows and Mac, engineered for today’s traders who demand simplicity but value Interactive Brokers’ powerful trading tools. IBKR Desktop marks a new chapter for innovation and focus on the intuitive user experience at Interactive Brokers.

“Interactive Brokers has a rich lineage of delivering market-leading technology. Responding to our clients’ requests for powerful trading tools in a user-friendly interface, we’ve leveraged our experience building cutting-edge trading solutions to create our latest-generation platform. With IBKR Desktop, traders of all levels can enjoy the advanced trading capabilities of Interactive ... Read more »

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Galderma will present two late-breaking presentations on clinical trials evaluating the long-term efficacy of the investigational monoclonal antibody nemolizumab in prurigo nodularis and its durability in atopic dermatitis1,2
Five oral posters and 16 e-posters will also be presented from across Galderma’s aesthetic, therapeutic dermatology and dermatological skincare portfolio, with data on acne, sensitive skin, aesthetic improvements and prurigo nodularis
For the first time, Galderma will sponsor a symposium on the burden of itch in collaboration with the U.S. National Eczema Association, featuring renowned dermatology experts along with patient representatives

(BUSINESS WIRE) -- Galderma, the pure-play dermatology category leader, will be showcasing its latest clinical and educational efforts at the American Academy of Dermatology (AAD) Annual Meeting from March 8-12, 2024, highlighting its broad, innovative and leading dermatology portfolio. ... Read more »

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BARCELONA, Spain - Wednesday, 28. February 2024 AETOSWire

1NCE customers now have nationwide access to Brazilian networks for better IoT at disruptive rates.
1NCE customers can use IoT everywhere in the Americas from Canada to Argentina, and across 168 countries worldwide.

(BUSINESS WIRE) -- 1NCE, a company offering a software platform for connected products, today went live in Brazil. Delivering nationwide network coverage and IoT software at disruptive price points, 1NCE is the best option for all companies needing unrestricted IoT access in Brazil.

From Canada in the north to Argentina in the south, 1NCE now has complete coverage in the Americas, and 168 countries worldwide. The company has secured agreements with all Brazilian cellular networks so that customers have the most reliable IoT possible in Brazil.

With 1NCE’s Lifetime Flat license, customers collect data and manage sensors at a price point less than half the cur ... Read more »

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Turkcell is the leading mobile network operator in Turkiye with approximately 40 million subscribers

(BUSINESS WIRE) -- Lynk Global, Inc. (Lynk), the world’s leading satellite-direct-to-mobile-phone (Sat2Phone) telecoms provider, and Turkcell (NYSE: TKC), the largest mobile operator in Turkiye, jointly announced the contract signing starting initial Sat2Phone services utilizing Lynk’s "cell-towers-in-space." This collaboration is anticipated to complement network resiliency and mobile coverage across Turkiye, benefiting the local population, businesses and visitors.

Turkcell, an integrated communication and technology service player in Turkiye, offers a wide range of creative products and services through a unified mobile and fixed network platform. Turkcell believes in the importance of offering all mobile, fixed and data services to meet the expectations of individual and corporate customers. It has been listed ... Read more »

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MEUDON, France - 
Telit Cinterion, an end-to-end IoT solutions enabler, integrated Thales Instant Connect (TIC) services in its IoT modules for remote eSIM activation.
Comprised of a Thales eSIM with integrated TIC client, the solution enables instant worldwide activation of IoT eSIMs. It is extremely useful for industrial devices such as smart meters, security systems, healthcare equipment, and payment systems.
Aidon, a leading provider of advanced smart metering and smart grid solutions, is the first customer to deploy Telit Cinterion eSIM provisioning services with TIC.

(BUSINESS WIRE)--Telit Cinterion IoT modules featuring Thales Instant Connect can be remotely activated for cellular connectivity at the time of device installation or during in-field operation. This streamlines IoT deployments as it simplifies supply chain, device installation and maintenance, helping to keep IoT devices connected anywhere, and at all times. Aidon, a le ... Read more »

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BARCELONA, Spain - Tuesday, 27. February 2024 AETOSWire

(BUSINESS WIRE) -- solutions by stc, the leading enabler of digital transformation in Saudi Arabia and the region, announces an Open RAN agreement with Mavenir, the cloud-native network infrastructure provider building the future of networks, to launch the first commercial Open RAN network in Saudi Arabia. The announcement is a boost to stc’s Group strategic mission to deliver emerging technology to the Kingdom’s mobile customers, supporting the Vision 2030 digital transformation strategy.

The service is expected to go-live commercially with its next-generation Open RAN network in 2024, this decision follows a successful initial deployment for multi-layer 4G and 5G NSA Access Network on the Open RAN platform to stc, delivered in partnership with solutions by stc and Mavenir.

The newly launched multi-layered 4G and 5G Radio network will utilize Mavenir’s 4G Remote Radio Unit (RRU) and 5G ... Read more »

Views: 24 | Added by: africa-live | Date: Yesterday | Comments (0)

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