Latest news with #Analyzer
Business Standard
02-07-2025
- Business
- Business Standard
Biz2X to Power KreditVenture's Digital Lending with its Next-Gen End-to-End AI-Enabled Platform
NewsVoir New Delhi [India], July 2: Biz2X, a global SaaS lending platform and subsidiary of Biz2Credit, has announced the onboarding of KreditVenture, a fast-growing new age NBFC in India to offer its AI-powered digital lending platform. With this development, Biz2X will equip the NBFC with an end-to-end digital lending product suite embedded with state-of-the-art and first of its kind AI capabilities for faster, consistent and intelligent credit distribution. With its aggressive growth plans, KreditVenture will deploy Biz2X's AI enabled solutions to scale up their LAP, Used Commercial Vehicle Finance, and Used Car Loans Finance. KreditVenture will benefit from Biz2X's groundbreaking AI-led solutions, including the Agentic AI Bot for automating credit underwriting and loan sanctions, thereby improving their turnaround time by over 50%. Biz2X's proprietary alternate scoring model - the Biz Analyzer, will offer KreditVenture a superior and more accurate assessment of applications where traditional underwriting is challenging due to lack of information. Biz2X's groundbreaking solution, the Digital Site Visit application will lead to significant reduction in operational and customer acquisition costs arising out of field, collateral, and site visits. More importantly, it will eliminate frauds related to site visit, the bottlenecks created due to delays in site visit and improve the turnaround time of processing loan applications. Mr. Saif Hasan, Founder and CEO of KreditVenture, said, "There is a Strategic Shift towards Secured Lending in India and digitisation will be the key differentiator. With ground breaking new age AI suite of Biz2X, we will leverage the technological edge in our high touch and high-tech model as we serve India's credit needs. Their AI-powered digital lending platform will enhance our underwriting capabilities, enable faster, data-led credit decisions, optimize costs, and scale with confidence as we remain committed to empowering Bharat with access to credit." Mr. Rohit Arora, Co-Founder and CEO of Biz2Credit and Biz2X, said, "KreditVenture's vision to adopt next-gen AI-enabled lending technology aligns seamlessly with our mission to revolutionize lending in India. As the digital lending landscape undergoes a paradigm shift with AI at its core, our advanced platform will empower KreditVenture to move beyond static financial data and adopt intelligent, scalable, and inclusive lending infrastructure that is built on end-to-end automation and real-time decisioning." The partnership is another step forward in strengthening Biz2X's growing footprint as a strategic technology partner in India, for digitizing and scaling lending operations for financial institutions and highlights the increasing demand for integrated, AI-powered digital lending solutions.
Techday NZ
26-06-2025
- Business
- Techday NZ
Josys launches AI SaaS risk tool & boosts identity automation
Josys has announced a series of updates to its technology suite, highlighted by the launch of its AI-powered SaaS Risk Analyzer, which aims to provide IT teams with automated assessments of software risk. The SaaS Risk Analyzer is designed to address the growing challenges that IT departments face as enterprises increasingly use numerous software-as-a-service (SaaS) and AI-based applications. The tool provides insights by analysing open-source data, public information, and vendor-specific details, assigning each application a Security Score (on a scale from 0 to 100) and categorising its overall risk as Low, Medium, or High. Josys states that this technology surfaces security and compliance details to facilitate more standardised and informed approval processes across organisations facing SaaS proliferation and unregulated AI usage. It also examines whether applications share data with generative AI vendors, or allow developers to use customer data for AI model training, addressing concerns about data management and privacy. The platform's SaaS Risk Analyzer incorporates contextual information, such as available single sign-on integrations, compliance certificates, and data protection measures. The risk analysis process is automated for apps revealed through Josys' shadow IT discovery feature, but it can also be used via search, supporting not only IT but also procurement and finance teams during software purchasing or renewal processes. "IT teams need smarter, faster, and more automated ways to manage risk and deliver value," said Mahabaleshwar Bhat, Chief Product Officer of Josys. "By utilizing the power of Josys AI to retrieve and analyze information about discovered apps, we can arm IT teams with instantaneous risk intelligence that would have previously taken weeks or even months to acquire. These insights will create a new paradigm for more effective decision-making and tighter SaaS governance." The company is also introducing automated workflows for identity lifecycle management, expanding its set of automation templates. The new Automated Onboarding Workflow assigns necessary applications to new staff members based on roles or departmental attributes, ensuring prompt and accurate access that minimises conventional delays and manual input. Josys highlights that these workflows contribute to controlling the spread of access rights from the outset of employment. A companion process, the Automated Access Review Workflow, allows for immediate updates to user permissions following survey responses from employees. When an employee indicates an application is no longer needed, access can be revoked automatically. Similarly, if use of an unofficial tool is confirmed, the workflow can allocate appropriate licences and bring the application under official IT management—completing these actions without manual involvement. Together, Josys reports that the automated workflows are designed to speed up new employee readiness, minimise errors in provisioning tools, and provide IT staff with more autonomous controls over identities and application access. Governance and integrations The platform updates also include an Audit Log Dashboard, which tracks key activities involving users and applications, intended to support faster incident response and meet audit requirements. There is also a newly introduced integration with Jira Service Management, giving system administrators the ability to create Jira tickets directly from within the Josys interface and thereby connect IT recommendations with existing workflow management tools. Device management The update enhances device management features via Josys' integration with Microsoft Intune and Jamf, allowing IT administrators to remotely lock or wipe devices through the platform. This functionality can be applied during offboarding of employees, in the event of device loss, or when devices are reassigned, all with the objective of safeguarding sensitive company data. A self-service portal will enable staff to submit requests for new hardware, potentially streamlining the management of device inventory by IT departments. Josys' enhancements to risk analysis, identity automation, and device management are intended to give organisations more control over their technology ecosystems as software usage across departments widens and regulatory scrutiny intensifies.
Yahoo
09-04-2025
- Business
- Yahoo
Wireless Testing Market to Reach USD 45.0 Billion by 2032, Driven by Growing Adoption of 5G
The rising demand for seamless connectivity, increasing IoT deployments, and the rollout of 5G infrastructure are fueling market expansion. Pune, April 09, 2025 (GLOBE NEWSWIRE) -- Wireless Testing Market Size Analysis: 'According to the SNS Insider report, the Wireless Testing Market was valued at USD 15.2 billion in 2023 and is projected to reach USD 45.0 billion by 2032, growing at a compound annual growth rate (CAGR) of 12.83% over the forecast period from 2024 to 2032.'Get a Sample Report of Wireless Testing Market@ Major Players Analysis Listed in this Report are: Keysight Technologies – UXM 5G Wireless Test Platform Rohde & Schwarz – R&S CMW500 Wideband Radio Communication Tester Anritsu Corporation – MT8821C Radio Communication Analyzer Viavi Solutions Inc. – OneAdvisor-800 Wireless Test System Spirent Communications – Spirent Landslide Wireless Core Network Testing DEKRA SE – DEKRA Wireless Device Testing Services Bureau Veritas – Smartworld Wireless Testing Solutions Intertek Group plc – Intertek Wireless Compliance Testing TÜV Rheinland – TÜV Rheinland OTA & RF Testing TÜV SÜD – TÜV SÜD Mobile Device Certification Testing Eurofins Scientific – Eurofins Wireless Performance Testing SGS SA – SGS Wireless Network Testing Services Element Materials Technology – Element RF & Microwave Testing COMPRION GmbH – COMPRION Network Simulators Ansys Inc. – Ansys HFSS Wireless Simulation Wireless Testing Market Report Scope: Report Attributes Details Market Size in 2023 USD 15.2 Billion Market Size by 2032 USD 45.0 Billion CAGR CAGR of 12.83% From 2024 to 2032 Base Year 2023 Forecast Period 2024-2032 Historical Data 2020-2022 Key Regional Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe [Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) Key Growth Drivers • The expansion of 5G and IoT applications is driving demand for advanced wireless testing solutions to ensure network reliability and compliance. Do you have any specific queries or need any customization research on Wireless Testing Market, Make an Enquiry Now@ The U.S. Wireless Testing Market was valued at USD 4.2 billion in 2023 and is expected to reach USD 12.2 billion by 2032, growing at a CAGR of 12.55% from 2024-2032. due to rapid 5G deployment, increasing demand for connected devices, and advanced R&D in telecom. Government support for wireless infrastructure and the strong presence of key players also contribute to market expansion. The market is expected to witness steady growth through 2032, driven by innovations in AI-powered testing and Open RAN technologies. By Offering: Equipment Dominates While Services Witness Fastest Growth The Equipment segment dominated the market and held the largest share of the Wireless Testing Market in 2023 due to the high demand for advanced wireless testing tools across the telecommunications, automotive, and consumer electronics industries. These tools are essential to ensure accurate network performance validation and compliance testing across diverse technologies like 5G and Wi-Fi 6. Enterprises prefer investing in dedicated equipment to maintain in-house testing capabilities, ensuring data privacy and faster test cycles. The Services segment is expected to record the fastest CAGR during the forecast period. With the rising complexity in wireless technologies, many organizations are turning to third-party service providers for testing and validation to save time and operational costs. Managed testing services are gaining popularity, especially among SMEs, enabling access to expert insights and scalable testing solutions without heavy capital investments. By Technology: 4G/LTE Leads While 5G Registers Fastest Growth 4G/LTE dominated the Wireless Testing Market and accounted for a significant revenue share in 2023, owing to its widespread adoption and deep market penetration, especially in emerging economies. It continues to serve as a backbone for mobile communications globally. Wireless testing for 4G devices and infrastructure remains crucial to optimize performance, manage interference, and ensure user satisfaction in areas with dense traffic. The 5G technology is set to witness the fastest CAGR during the forecast period. The transition to ultra-fast, low-latency networks has intensified the need for rigorous 5G testing. The growing deployment of 5G-enabled devices and smart city initiatives are major catalysts. Network slicing, mmWave, and massive MIMO technologies also require robust testing platforms, thereby propelling demand in this segment. By Application: Consumer Electronics Dominate, While Automotive is Fastest Growing The Consumer Electronics segment dominated the market and accounted for a significant revenue share in 2023, as manufacturers focused on enhancing user experience, battery life, and wireless compatibility of smartphones, smartwatches, tablets, and home automation devices. Increased sales of connected gadgets and wearables globally contribute to the dominance of this segment. Frequent product launches and updates also necessitate regular wireless testing. The Automotive segment is expected to register the fastest CAGR, driven by the evolution of connected and autonomous vehicles. Wireless testing is crucial for V2X communication, infotainment systems, in-vehicle connectivity, and safety features. Automakers and suppliers are investing in wireless test solutions to ensure seamless vehicle connectivity, secure data exchange, and compliance with automotive standards. Wireless Testing Market Segmentation: By Offering Equipment Services By Technology WiFi Bluetooth 2G/3G 4G/LTE 5G By Application Consumer Electronics IT & Telecommunication Automotive Medical Devices Aerospace & Defense OthersBuy an Enterprise-User PDF of Wireless Testing Market Analysis & Outlook 2024-2032@ Key Regional Insights: North America Leads While Asia-Pacific Grows Fastest North America dominated the Wireless Testing Market, driven by a robust telecommunications ecosystem, the presence of key technology providers, and early 5G adoption. The region benefits from strong government support for innovation, high smartphone penetration, and rapid development in IoT applications across industries. The Asia-Pacific region is projected to grow at the fastest CAGR during the forecast period. Countries like China, South Korea, and India are heavily investing in 5G infrastructure, smart city projects, and connected vehicles. The rising demand for consumer electronics and the presence of major electronics manufacturing hubs further boost wireless testing demand across the region. Recent Developments in the Wireless Testing Market March 2024 – Keysight unveiled an advanced 5G mmWave solution as part of its PathWave ADS 2024 platform. This new release enhances simulation, modeling, and signal integrity tools for RF and microwave engineers, targeting faster development of 5G devices. It helps streamline the validation of high-frequency components for next-gen mobile and IoT applications. April 2024 – Rohde & Schwarz, in collaboration with NVIDIA, launched an AI-enhanced neural receiver system that optimizes signal detection and classification in wireless environments. The solution enables automotive OEMs to ensure reliable V2X communication, even in complex, noisy RF scenarios. This marks a leap toward AI-integrated testing for autonomous driving systems. Table of Contents – Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 6. Competitive Landscape 7. Wireless Testing Market Segmentation, By Offering 8. Wireless Testing Market Segmentation, by Technology 9. Wireless Testing Market Segmentation, by Application 10. Regional Analysis 11. Company Profiles 12. Use Cases and Best Practices 13. Conclusion Access Complete Report Details of Wireless Testing Market Analysis Report 2024-2032@ [For more information or need any customization research mail us at info@ SNS Insider Offering/ Consulting Services: Go To Market Assessment Service Total Addressable Market (TAM) Assessment Competitive Benchmarking and Market Share Gain About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. CONTACT: Contact Us: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)Sign in to access your portfolio
Yahoo
19-03-2025
- Business
- Yahoo
HealthEquity Shares Drop 19% as Higher Service Costs Weigh on Earnings
HealthEquity (HQY, Financials) shares fell 19% to $82.29 as of 11:15 a.m. ET Wednesday after the company reported fourth-quarter earnings that showed strong revenue growth but a lower-than-expected profit due to higher service costs. Warning! GuruFocus has detected 3 Warning Signs with HQY. With a sales of $311.82 millionan 18.8% rise from the previous yearthe firm exceeded experts' projections by $5.99 million. But profits per share came in at $0.69, below projections by $0.03. Strong year over-year increase in Health Savings Accounts, invested assets, and custodial income drove the 17 million total accounts at end of the quarter, HealthEquity had 9.9 million HSAs totaling $32 billion in assets. 23% more members of HSAs made investments, which helped to boost invested assetswhich came to $14.7 billionby 44%.Gross profit margin dropped from 62% a year ago to 61% notwithstanding income increase. The corporation blamed the decline on extra $17 million in service costs, mostly for system consolidation of card processing and handling of fraudulent activity in member the results conference, Chief Financial Officer James Lucania said HealthEquity keeps improving fraud prevention strategies and anticipates service expenses to remain high in the first half of fiscal 2026 before leveling later in the revenue between $1.28 billion and $1.305 billion, HealthEquity offered direction for fiscal 2026. Projected GAAP net income falls between $164 million and $179 million, or $1.85 to $2.01 per share. Forecasts of adjusted EBITDA fall between $525 million and $545 by fresh deposits and a change toward enhanced rate placements, the business also anticipates the average return on HSA cash to rise to 3.45% over the year. With an aim to achieve 60% by the end of fiscal 2027, 49% of HSA cash placements now are in improved firm unveiled its Assist suite of digital solutions meant to maximize advantages for businesses and workers. Along with Navigator, a tool created with TALON to assist educated healthcare choices, the portfolio has Analyzer, which offers statistical insights on benefit keeps making investments in security and fraud avoidance while giving cost savings via service automation first priority. To simplify processes and lower service costs, the corporation intends to deploy digital technologies and artificial intelligence more its $300 million buyback authorization, HealthEquity has $178 million left after purchasing $122 million worth of shares in fiscal 2025. The corporation also paid back loans totaling $50 million, leaving around $1.1 billion in outstanding possible acquisitions, Cutler said the firm has a high bar for M&A and emphasizes portfolio purchases in line with its main business instead of broad business is keeping an eye on legislative actions like the bipartisan HOPE Act and other regulatory changes pertaining to HSA growth. Cutler expressed hope for possible legislative reforms meant to increase the acceptance of its HSA platform, enhancing digital engagement, and tackling fraud-related issues are HealthEquity's top priorities. Over fiscal 2026, the business anticipates further revenue growth, profitability improvements, and more technological and security enhancing investments. This article first appeared on GuruFocus.
Associated Press
18-03-2025
- Business
- Associated Press
HealthEquity Assist™: A new suite of integrated benefit solutions that drive deeper engagement, deliver cost savings, and increase transparency for employee benefits
DRAPER, Utah, March 18, 2025 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (Nasdaq: HQY) ('HealthEquity') HealthEquity, the nation's largest Health Savings Account (HSA) administrator, today announced the launch of HealthEquity Assist ™, a suite of tools that help members save, spend, and invest for healthcare. By using HealthEquity Assist, employers are enabled with greater visibility into their benefits program performance and can drive positive financial and health actions to support their workforce. The smart technology offering was developed to alleviate common employee pain points with their benefits — including rising healthcare costs, which are expected to increase by 9% in 20251, a complex and fragmented benefits landscape that is difficult to navigate, and limited resources available to support benefit education and personalized insights. 'Cost and complexity are extremely challenging aspects of the benefits industry, for employers and employees,' HealthEquity SVP Client and Partner Services, Melissa Phillips said. 'In collaboration with our clients, we've come to believe that for benefits to be truly self-directed, benefits leaders and team members need to have access to a deeper level of data, insights, and understanding.' The three initial HealthEquity Assist offerings integrate quickly into existing company platforms, processes, and workflows. The offerings include: HealthEquity Analyzer™ — as the analytical foundation of HealthEquity Assist, Analyzer helps employers gain near real-time access to data on inefficiencies, trends, and benefit program design insights. Free of charge and immediately available to HealthEquity clients, this on-demand data allows employers to evaluate performance, mark cost trends, and make smarter decisions. HealthEquity Navigator™ — simplifies healthcare spending decisions for employees. Navigator provides informed and lower-cost healthcare choices by offering guidance on provider selection, care options, and savings opportunities. Through a partnership with TALON, tools like MyMedicalShopper ™ and MyMedicalRewards ™ offer price transparency and support to employers looking to reward high-quality, affordable care options. HealthEquity Momentum™ — empowers employees and employers to be proactive in health and healthcare expense planning. Upon launch, the Momentum platform will drive increased employee engagement with existing benefits programs, nudging healthy behaviors and financial decisions with personalized rewards. 'In the past, I have struggled with fitting everything together and being able to dig deeper to identify trends and view metrics on our employees' patterns. HealthEquity Analyzer has helped us paint a picture of how our employees utilize the Health Savings Account,' said Nick Hawes, benefits coordinator at town of Shrewsbury, Massachusetts. 'It allows us to get an idea of spending versus savings habits and what's really happening behind the contributions that we put in the accounts.' Employers can incorporate the tools into their current benefits ecosystem with support from HealthEquity experts and learn more about HealthEquity Assist by visiting 'At HealthEquity, we believe all members deserve a benefits experience that's seamless and intuitive—one that empowers them to make better decisions for their health and financial wellbeing,' said HealthEquity CEO Scott Cutler. 'The HealthEquity Assist portfolio is another example of how we support our members, clients, and partners at every stage of their benefits journey. We're not simply responding to change—we're actively shaping the future of benefits technology, creating a more impactful experience for everyone.' 1 . About HealthEquity HealthEquity and its subsidiaries administer HSAs and various other consumer-directed benefits for over 17 million accounts, working in close partnership with employers, benefits advisors, and health and retirement plan providers who share our unwavering commitment to our mission of saving and improving lives by empowering healthcare consumers. Through cutting-edge solutions, innovation, and a relentless focus on improving health outcomes, we empower individuals to take control of their healthcare journey while ultimately enhancing their overall well-being. Learn more about our 'Purple service' and approach at Media Contact For the latest HealthEquity news, research and more visit our newsroom at © 2025 HealthEquity, Inc. All rights reserved.
