Nerdio Surpasses $100 Million in Annual Recurring Revenue as Enterprises Shift to Microsoft Cloud
'Enterprises are quickly moving from legacy VDI to cloud-based solutions—but managing Microsoft Cloud technologies at scale isn't easy,' said Vadim Vladimirskiy, Co-Founder and CEO of Nerdio. 'That complexity has created a huge opportunity for Nerdio. By automating the hard parts of cloud management, we're helping IT teams cut costs, move faster, and do more with less.'
Over the past year, Nerdio has added more than 400 new enterprise customers and now serves over 15,000 organizations across 50+ countries. Global brands, including Chevron, Kraft Heinz, Setfords, Sage, and more rely on Nerdio to manage and scale their Microsoft Cloud environments.
Nerdio automates the deployment and management of Azure Virtual Desktop, Windows 365, and Intune—eliminating manual work like provisioning virtual machines, setting policies, and managing user access. Its robust automation engine also helps organizations right-size their cloud usage, optimize spend, and ensure policy compliance across environments.
Nerdio's growing portfolio of AI capabilities is further transforming how IT teams manage Microsoft Cloud services. With AI-driven recommendations, proactive issue detection, and intelligent scripting support, Nerdio makes it easier to identify inefficiencies, resolve issues faster, and streamline operations without requiring deep Azure expertise.
Achieving $100 million in ARR is just the latest of many major milestones for Nerdio. Over the past year, the company has: Raised $500 million in Series C funding and achieved unicorn status.
Won the 2024 Microsoft Americas Partner of the Year award.
Influenced more than $350 million of Microsoft revenue.
Launched over 20 product releases while integrating AI into all its offerings.
'We built Nerdio to help enterprises scale efficiently—and we've followed that same playbook ourselves,' said Joseph Landes, Co-Founder and CRO. 'We've hit $100 million ARR in just over five years by staying focused on customer needs, Microsoft innovation, and capital-efficient growth.'
About Nerdio
Nerdio is a leading provider of powerful, simplified cloud management solutions for businesses of all sizes. Trusted by enterprise IT departments and managed service providers (MSPs) alike, Nerdio equips organizations with seamless, cost-effective management tools for Azure Virtual Desktop (AVD), Windows 365, and comprehensive Microsoft 365 management solutions.
With thousands of customers worldwide, Nerdio accelerates cloud adoption, enabling companies to thrive in an era of hybrid work by providing modern, future-proof technology that adapts to evolving workplace needs.
For more information, please visit www.getnerdio.com.
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
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The Verge
21 minutes ago
- The Verge
Microsoft is getting ready to return to the office
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Microsoft has been increasingly integrating the Thrive Global tool into Microsoft Teams, and using it to gauge how employees are feeling through questionnaires. Scott Guthrie, executive vice president of Microsoft's cloud and AI group, told employees last year that the company wasn't changing its return-to-office policy unless productivity dropped. Microsoft has continued to post impressive earnings results over the past five years, even driving the company to a $3 trillion market cap recently — so productivity clearly hasn't been a huge issue. I've spoken to dozens of Microsoft employees in recent weeks about the upcoming return-to-office policy, and there's a real split of opinion on it. Some employees are concerned about a mandatory return, especially given the local road traffic problems and the amount of time lost in travel. Others are worried about Microsoft not having enough space for everyone to return at the same time, despite the company's $5 billion headquarters expansion. 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In some buildings, Microsoft has been squeezing in so many employees that they've run out of power, I'm told. Despite this, I understand Microsoft is aiming to provide dedicated desks to support employees returning for three days a week. Other Redmond employees welcome the return-to-office policy, having spent the past few years working in vacant offices with empty cafeterias or half-empty connector buses around campus. I visit Microsoft's campus regularly every year for product briefings and launch events, and it's been eerily quiet recently — particularly with the empty, unfinished buildings. It's clear to me from talking to Microsoft employees that most will agree that this could be seen as a type of stealth layoff, months after around 15,000 roles were cut. Morale is already at an all-time low inside Microsoft, and if you're not happy about returning to the office three days a week and you can't get an exception, then that makes it difficult to continue at the company. 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Yahoo
38 minutes ago
- Yahoo
Carbon Credit Market Valuation is Skyrocketing to Reach US$ 4,983.7 Bllion By 2035
Dominated by compliance mandates and high prices, the carbon credit market sees a major shift. Corporate demand is pivoting from avoidance to verifiable, high-cost carbon removal, driving investment in technology and nature-based project integrity. Chicago, Aug. 14, 2025 (GLOBE NEWSWIRE) -- The global carbon credit market was valued at US$ 1,142.40 billion in 2024 and is expected to reach US$ 4,983.7 billion by 2035, growing at a CAGR of 18% during the forecast period 2025–2035. The narrative of the carbon credit market is one of explosive growth and increasing sophistication. The market's foundational metrics underscore a sector moving decisively into the financial mainstream. In 2023, the value of the voluntary carbon market (VCM) was firmly established at approximately $2 billion. Projections for the coming years are even more staggering, with forecasts anticipating a market value between $10 billion and $40 billion by 2030. This financial expansion is built on tangible activity; a total of 155 million carbon credits, each representing a metric ton of CO2, were retired in 2023, while the total volume of traded credits reached 258 million. Download Sample Pages: The scale of the supply side is equally impressive, with more than 5,000 active carbon credit projects registered globally as of early 2024. A pivotal development is the work of the Integrity Council for the Voluntary Carbon Market (ICVCM), which began approving the first programs meeting its Core Carbon Principles (CCP) in late 2023. These CCP-labeled credits are forecast to trade at a significant premium, with initial estimates suggesting a potential value increase of over $3 per ton, signaling a market that is actively rewarding integrity. Key Findings in Carbon Credit Market Market Forecast (2035) US$ 4,983.7 billion CAGR 18% Top Drivers Increasingly stringent government regulations and ambitious national climate targets. Growing corporate net-zero commitments and investor pressure for ESG performance. Rising global carbon prices making emission reduction projects more viable. Top Trends Shift in demand from avoidance to permanent carbon removal credits. Development of digital MRV for enhanced transparency and credit integrity. Standardization of contracts and rapid growth of exchange trading platforms. Top Challenges Lack of a single, globally accepted standard for credit quality. Concerns over greenwashing and the integrity of offset project claims. Scaling carbon removal technologies to meet massive future market demand. Corporate Decarbonization Strategies are Now Fueling Unstoppable Carbon Credit Market Demand Corporate net-zero commitments are the primary engine of demand within the voluntary carbon credit market. In 2023, corporations showcased their commitment by purchasing and retiring at least 161 million carbon credits. This trend is anchored by a broader movement towards accountability; as of 2024, over 5,200 companies have set climate targets with the prestigious Science Based Targets initiative (SBTi). A forthcoming policy change from the SBTi is expected to allow the use of carbon credits to abate up to 10% of a company's Scope 3 emissions, a landmark decision that could unlock billions in new demand. An analysis of purchasing trends reveals specific sector leadership. Companies in the energy sector were the single largest buyers in 2023, acquiring over 33 million credits. The financial services industry was the second-largest participant, purchasing more than 16 million credits. This external purchasing is increasingly complemented by internal corporate policy, with over 400 companies worldwide having implemented an internal carbon price as of 2024, creating a powerful, built-in mechanism for driving decarbonization investments. The Enduring Financial and Environmental Appeal of Nature-Based Carbon Credit Solutions Within the diverse portfolio of available credits, nature-based solutions (NBS) remain the dominant and most valuable category. In 2023, nature-based credits accounted for the largest share of market value, representing over $1.3 billion in total transactions. This financial weight is supported by immense volume, with credits from forestry and land-use projects seeing transaction volumes of 163 million credits during the same year. Quality within this segment is fetching significant premiums; the price for top-tier nature-based credits, particularly those from afforestation and reforestation projects, frequently surpassed $15 per ton in 2024. The carbon credit market is also quantifying the value of positive externalities. Projects delivering biodiversity co-benefits, certified under rigorous standards like the Climate, Community & Biodiversity (CCB) Standards, can command a price premium of over $2.50 per ton. Looking ahead, the potential of blue carbon projects, which focus on coastal and marine ecosystems, is immense, with a scientifically estimated sequestration capacity of up to 1.39 billion tons of CO2 annually. Technological Carbon Removal Emerges as a High-Value, Long-Term Investment Frontier A new frontier of high-integrity, durable carbon removal is rapidly gaining traction and investment in the carbon credit market. As of early 2024, the total amount of durable carbon removal contracted through long-term offtake agreements had already reached 6.7 million tons of CO2. While nascent, this segment is defined by its value and permanence, with the average price for a technologically removed ton of carbon via methods like Direct Air Capture (DAC) standing at approximately $600 in 2023. This high price point has not deterred visionary corporate buyers. Frontier, an advance market commitment led by Stripe, Alphabet, and Meta, has pledged over $1 billion to purchase permanent carbon removal credits. Tech giant Microsoft has backed its commitments with capital, having already contracted for over 2.6 million metric tons of carbon removal across its portfolio as of 2023. This investment is translating into operational assets; Climeworks' Mammoth DAC plant, which came online in 2024, is designed to capture 36,000 tons of CO2 per year, proving the technology's commercial viability. Aviation Sector Compliance Mandates Create a Significant and Reliable Demand Floor The international aviation sector represents a formidable and legally mandated source of credit demand in the carbon credit market . Projections show that the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is set to create demand for 64 to 158 million carbon credits in the year 2025 alone. The global reach of this program underpins its market impact; in its first official phase (2024-2026), 115 countries are participating in CORSIA, representing the vast majority of international aviation activity. This compliance-driven demand has created a distinct asset class, with the price of CORSIA-eligible credits (CECs) trading at around $7 per metric ton in early 2024, establishing a reliable price floor for qualifying projects and providing a steady source of demand for the foreseeable future. A Globalized Market Characterized by Strong Regional Demand Centers of Gravity While global in scope, demand within the voluntary carbon credit market is concentrated in several key economic regions. North American companies currently lead the world as the largest source of demand, having retired a massive 66.8 million credits in 2023. Following closely, European companies demonstrated their strong commitment to climate action by retiring 52.4 million credits during the same period. However, the market's future growth is increasingly tied to emerging economies. Demand from companies in Asia is expanding rapidly and is now a major force, with a notable 28.1 million credits retired in 2_023, signaling a geographic diversification that will continue to shape the industry's future._ Analyzing the Supply-Side Dynamics and Issuance Trends of Carbon Credits A healthy carbon credit market requires a robust supply, and the issuance of new credits is keeping pace with demand growth. In 2023, the issuance of new carbon credits in the voluntary market reached 255 million. Geographically, India has emerged as a powerhouse of supply, becoming the largest single source of issued credits in 2023 by placing over 60 million credits onto the market, a volume largely driven by its renewable energy projects. Despite record retirements, the pipeline of available credits remains strong, providing a buffer for future demand surges. The volume of available, un-retired carbon credits held on registries stood at over 600 million tons at the start of 2024, ensuring ample supply for corporate buyers in the near term. The Financialization and Price Stratification of the Modern Carbon Credit Market The increasing financialization of the carbon credit market is a clear sign of its maturity. Exchange-traded volume has seen a significant increase, exemplified by the CME CBL Nature-Based Global Emissions Offset (N-GEO) futures contract, which now trades millions of tons annually and provides critical price transparency. This market maturity is attracting sophisticated capital; at least 15 new carbon-focused investment funds were launched in 2023, all aiming to invest directly in carbon credit projects and portfolios. This influx of financial acumen is driving a distinct price stratification based on quality. In early 2024, prices for standard renewable energy credits, such as those from India, were trading for as low as 1−1−2 per ton. In stark contrast, S&P Global's Platts assessment for "Premium" nature-based credits exceeded $12 per ton during the same period, confirming that the market is actively pricing in project quality. This trend is accelerating, with the price gap between lower-quality and higher-quality credits having widened to more than $10 per ton by the end of 2023. Tailor This Report to Your Specific Business Needs: Future Outlook: Monumental Investment and Supply Growth Needed to Meet Demand Looking toward the end of the decade, the trajectory for the carbon credit market is one of exponential growth and critical importance. Investment in the underlying project infrastructure is already scaling up, with investment in carbon capture, utilization, and storage (CCUS) projects reaching $6.4 billion in 2023. The demand potential is astronomical. A forecast from BloombergNEF (BNEF) illustrates that if carbon credit use is limited to just 1% of the European Union's total emissions, it would still generate demand for 36 million credits annually. However, the ultimate challenge lies in scaling supply to meet the demands of global net-zero ambitions. To keep the world on track for its 2030 climate goals, expert analysis concludes that the annual supply of carbon credits will need to grow to approximately 1.5 billion tons—a multi-fold increase from today's levels, presenting one of the most significant environmental and financial opportunities of our time. Global Carbon Credit Market Major Players: 3Degrees Atmosfair Climate Impact Partners ClimeCo LLC EKI Energy Services Ltd. Finite Carbon NativeEnergy NATUREOFFICE Pachama, Inc. South Pole Group Tasman Environmental Markets Terrapass Verra Carbon Xpansiv Other Prominent Players Key Market Segmentation: By Type Voluntary Markets Compliance Markets By Source Technology Based Biomass Forest Based Sewage Treatment Plants Wastewater Treatment Plants By Project Type Carbon Avoidance Projects Carbon Removal projects Nature Based Technology Based By Selling Platform Direct Contact Climate Exchange Platforms By Business Size Small and Micro Enterprises Medium and Large Businesses By Industry Power Generation Biomass Geothermal Hydrogen Solar Others Waste Treatment Plant Sewage Treatment Commercial Waste Treatment Industrial Waste Treatment Municipal Solid Waste Others Waster Treatment Cement Oil & Gas Iron & Steel Chemical & Petrochemical Other Industries By Region North America Europe Asia Pacific Middle East & Africa (MEA) South America Want Clarity on Report Coverage? Schedule a Quick Demo Call: About Astute Analytica Astute Analytica is a global market research and advisory firm providing data-driven insights across industries such as technology, healthcare, chemicals, semiconductors, FMCG, and more. We publish multiple reports daily, equipping businesses with the intelligence they need to navigate market trends, emerging opportunities, competitive landscapes, and technological advancements. With a team of experienced business analysts, economists, and industry experts, we deliver accurate, in-depth, and actionable research tailored to meet the strategic needs of our clients. At Astute Analytica, our clients come first, and we are committed to delivering cost-effective, high-value research solutions that drive success in an evolving marketplace. Contact Us:Astute AnalyticaPhone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World)For Sales Enquiries: sales@ Follow us on: LinkedIn | Twitter | YouTube CONTACT: Contact Us: Astute Analytica Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World) For Sales Enquiries: sales@ Website: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
41 minutes ago
- Yahoo
Refurbished Electronics Rise - Consumer Demand for Sustainable Alternatives Soars
The e-waste management market offers growth opportunities in AI-driven recycling, urban mining for metals, circular economy practices, and blockchain-enhanced transparency. Rising e-waste from electronics consumption and stricter global regulations drive innovation and investment in sustainable disposal solutions. E-Waste Management Market Dublin, Aug. 14, 2025 (GLOBE NEWSWIRE) -- The "E-Waste Management: Market Share, and Growth Analysis by Product Type (Televisions, Mobile Phones, Computers, Refrigerators), Application, End User, Technology" has been added to offering. The global E-Waste Management Market is experiencing significant growth, with an estimated value of USD 65.9 billion in 2025, projected to reach USD 191.4 billion by 2033, reflecting a compound annual growth rate (CAGR) of 14.3% over the forecast period. This surge is attributed to several factors, including the proliferation of electronic devices, rapid technological advancements, and shorter product life cycles. Market Drivers and Trends The escalating volume of e-waste from smartphones, computers, and other electronic devices is driving demand for efficient recycling solutions. Governments and environmental bodies are enforcing stricter regulations and extended producer responsibility (EPR) policies to ensure safe disposal practices. Technological advancements, particularly those in AI-driven waste sorting and automated recycling processes, have enhanced material recovery rates, supporting the extraction of valuable metals like gold and silver from discarded electronics. The adoption of circular economy models and the rise in demand for refurbished electronics underscore the industry's shift towards sustainability, as companies focus on minimizing waste through product design innovations. Blockchain technology is making a remarkable impact by increasing transparency in e-waste recycling supply chains and preventing illegal dumps, contributing to sustainable recycling practices. Transformative Developments by 2025 AI-powered robotics and machine learning technologies will enhance precision in sorting and processing, significantly improving recovery rates and reducing waste. Urban mining is emerging as a critical strategy for material recovery, offering a sustainable alternative to traditional mining methods by reclaiming precious metals from e-waste. As e-waste trade regulations tighten, compliance with ethical disposal practices will become essential, propelled by digital tracking systems that ensure accountability and traceability. Key Market Insights Growing consumer awareness and stringent environmental regulations are accelerating the demand for sustainable e-waste management solutions. The global market is witnessing an increase in corporate sustainability initiatives, as companies focus on integrating environmental, social, and governance (ESG) commitments into their strategic operations. Despite advancements, illegal e-waste dumping persists, particularly in developing regions where informal recycling poses environmental and health risks. What to Expect in the Report Comprehensive analysis of market size and growth forecasts from 2024 to 2034. Insights into major industry trends, competitive landscape, and key player strategies. In-depth examination of market dynamics, including drivers, challenges, and opportunities. Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2033 Estimated Market Value (USD) in 2025 $65.9 Billion Forecasted Market Value (USD) by 2033 $191.4 Billion Compound Annual Growth Rate 14.3% Regions Covered Global For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment E-Waste Management Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
