Latest news with #CloudPlatform
RNZ News
6 days ago
- Business
- RNZ News
Cinema software firm Vista Group trims interim losses
Photo: 123rf Cinema software company Vista Group has trimmed its interim losses as revenue and margins increased, while it's focusing on scaling its cloud-based platform. Key numbers for the six months ended June compared with a year ago: The company said the results reflect Vista Group's strategic focus on scaling Vista Cloud, which is designed to modernise and streamline cinema operations. New Vista Cloud clients include Odeon Cinemas Group and Village Cinemas Australia. "Demand for Vista Cloud continues to grow, reflecting strong market appetite for our cloud solutions, with demand now exceeding our delivery capacity," chief executive Stuart Dickinson said. The company said it was adding capacity to its technology and delivery teams to onboard new clients and meet the present demand. Total revenue increased 11 percent, while its loss after-tax loss improved 56 percent to $1.2 million. Vista maintained its full-year revenue guidance of $167m and operating margins of between 16 and 18 percent. The company expects annual recurring revenue to hit $175m in 2026. Dickinson said he was confident in the company's future. He said the company aimed to eventually grow recurring revenue to $315m per year.
National Post
6 days ago
- Automotive
- National Post
Tekion Expands OEM DMS Certifications in Canada, Announcing Partnership with Kia
Article content Kia retailers can now select Automotive Retail Cloud (ARC) to enhance the consumer journey and streamline dealer operations. Article content PLEASANTON, Calif. — Tekion, innovator of the first cloud-native platform serving the entire automotive retail ecosystem, today announced its newest partnership with original equipment manufacturer (OEM) Kia Canada. Article content With this strategic collaboration, Canadian Kia dealers can now select Tekion's Automotive Retail Cloud (ARC) as their technology platform provider. ARC is the first and fastest cloud-native platform, including all functionalities of a DMS (dealer management system) and accompanying tech stack to run a seamless retail business. Powered by advanced AI and automation, ARC modernizes the end-to-end automotive retail journey, improves consumer experiences, and delivers the highest efficiencies to retailers through its cutting-edge platform. Article content 'Our mission has always been to simplify and modernize automotive retail,' said Ryan Currie, Sr. Director Regional Business Operations at Tekion. 'Being selected as a certified DMS partner for Kia Canada allows us to extend our cutting-edge technology to Kia dealers who are looking for a more seamless, data-rich, and customer-centric solution.' Article content Tekion's ARC DMS provides: Article content To experience Tekion's end-to-end cloud-native platform in person, join us at the 2025 Automotive Conference & Expo in Niagara Falls (October 16 & 17) or at the 2025 Western Canadian Dealer Summit in Lake Louise (November 14 & 15). Article content About Tekion Article content Tekion is the first and fastest cloud-native platform for automotive retail. Powered by Tekion AI, its platform leverages intelligent automation, real-time insights, and advanced decision support to enhance employee and customer experiences across the dealership ecosystem. Positively disrupting auto retail for the first time in over 50 years, Tekion has challenged the paradigm with its revolutionary platform: Automotive Retail Cloud (ARC) for retailers, Automotive Enterprise Cloud (AEC) for manufacturers and large automotive enterprises, and Automotive Partner Cloud (APC) for technology and industry partners. Leveraging cutting-edge technology, big data and AI, Tekion unifies OEMs, dealers, and consumers—streamlining operations and enabling the most modern and efficient automotive retail experiences ever. For more information, visit Article content Article content Article content
Gulf Business
6 days ago
- Business
- Gulf Business
G42 launches OpenAI GPT-OSS globally on Core42's AI cloud
Image: Getty Images/ For illustrative purposes Core42 has made OpenAI's latest open-weight AI models, including gpt-oss-20B and gpt-oss-120B, available on its AI Cloud platform, with instant access through the Core42 Compass API. The deployment allows enterprises, researchers and developers to run the models on a choice of silicon platforms with sovereign, scalable and high-performance capabilities. Integrated into the Compass API, The deployment is aimed at low-latency inference workloads and applications, underscoring the company's focus on secure and optimised sovereign-enabled AI infrastructure. 'Core42 AI Cloud, powered by silicon-diverse infrastructure, delivers the flexibility and performance needed for today's AI workloads,' said Kiril Evtimov, CEO of Core42 and group CTO of G42. 'Through the Compass API, organisations can access the latest open-weight AI models and choose the optimal platform to scale transformation, optimise performance and cost, and drive progress across global markets.' Key benefits of the open-weight deployment on Core42's AI cloud Enterprise-scale performance for automation, decision-making and real-time AI at global scale. Sovereign-ready scalability for secure, in-country operations in regulated sectors such as healthcare, finance and national security. Optimised performance for committed infrastructure agreements, ensuring predictable cost and capacity. Cost-efficient agentic AI capabilities for in-country, sovereign-controlled deployments in cost-sensitive use cases. Available now through the Compass API, the models can be run and adapted locally or in the cloud with options for transparency, fine-tuning and sovereign deployment. The launch marks a step toward enterprise AI autonomy, giving businesses more control to adapt AI to specific needs and scale innovation. The announcement follows G42 milestones including plans for a 5GW US-UAE AI campus, the launch of the 1GW
Yahoo
04-08-2025
- Business
- Yahoo
1 Cash-Producing Stock to Own for Decades and 2 We Ignore
While strong cash flow is a key indicator of stability, it doesn't always translate to superior returns. Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning. Cash flow is valuable, but it's not everything - StockStory helps you identify the companies that truly put it to work. That said, here is one cash-producing company that reinvests wisely to drive long-term success and two that may face some trouble. Two Stocks to Sell: DocuSign (DOCU) Trailing 12-Month Free Cash Flow Margin: 30.2% Founded by Seattle-based entrepreneur Tom Gonser, DocuSign (NASDAQ:DOCU) is the pioneer of e-signature and offers software as a service that allows people and organisations to sign legally binding documents electronically. Why Does DOCU Worry Us? Annual revenue growth of 10.8% over the last three years was below our standards for the software sector Offerings struggled to generate meaningful interest as its average billings growth of 6.4% over the last year did not impress Estimated sales growth of 5.9% for the next 12 months implies demand will slow from its three-year trend At $73.83 per share, DocuSign trades at 4.9x forward price-to-sales. To fully understand why you should be careful with DOCU, check out our full research report (it's free). Collegium Pharmaceutical (COLL) Trailing 12-Month Free Cash Flow Margin: 29.6% Pioneering abuse-deterrent technology in a field plagued by addiction concerns, Collegium Pharmaceutical (NASDAQ:COLL) develops and markets specialty medications for treating moderate to severe pain, including abuse-deterrent opioid formulations. Why Are We Hesitant About COLL? Subscale operations are evident in its revenue base of $664.3 million, meaning it has fewer distribution channels than its larger rivals Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 6.5 percentage points Diminishing returns on capital suggest its earlier profit pools are drying up Collegium Pharmaceutical's stock price of $30.07 implies a valuation ratio of 4.2x forward P/E. Dive into our free research report to see why there are better opportunities than COLL. One Stock to Buy: Alphabet (GOOGL) Trailing 12-Month Free Cash Flow Margin: 18% Started by Stanford students Larry Page and Sergey Brin in a Menlo Park garage, Alphabet (NASDAQ:GOOGL) is the parent company of the eponymous Google Search engine, Google Cloud Platform, and YouTube. Why Will GOOGL Outperform? Alphabet's dominant Google Search sits on the pantheon of the best businesses ever. This is reflected in its robust long-term revenue growth and elite operating margin. The company's profit margins have become even higher over time, speaking to its scale advantages and operating efficiency not only in its core Search business but also in Google Cloud Platform and YouTube. Revenue growth and increasing operating margins are the key ingredients for strong EPS growth. Google has these, and when also factoring in its share repurchases, you can see why EPS has exploded over the long term. Alphabet is trading at $188.40 per share, or 19.7x forward price-to-earnings. Is now a good time to buy? Find out in our full research report, it's free. Stocks We Like Even More Donald Trump's April 2025 "Liberation Day" tariffs sent markets into a tailspin, but stocks have since rebounded strongly, proving that knee-jerk reactions often create the best buying opportunities. The smart money is already positioning for the next leg up. Don't miss out on the recovery - check out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error 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
Mint
28-06-2025
- Business
- Mint
Nvidia vs Microsoft: Which AI heavyweight will hit $4 trillion first?
The race to become the first $4 trillion company is on. Artificial-intelligence heavyweights Microsoft and Nvidia continue to battle to be the world's most valuable company by market capitalization, after surpassing the $3 trillion milestone last year. Twice this month, Microsoft unseated Nvidia as the most valuable company, but Nvidia regained its title Wednesday. On Thursday, its shares clinched a four-day winning streak and record close of $155.02. That put Nvidia's market value at $3.782 trillion, ahead of Microsoft's $3.697 trillion. Now, it's just a matter of who gets to $4 trillion first. Wedbush analysts say we will find out soon enough. 'We believe both Nvidia and Microsoft will hit the $4 trillion market cap club this summer and then over the next 18 months the focus will be on the $5 trillion club," the analysts wrote in a research note Friday. They characterize Nvidia and Microsoft as the so-called poster children of the AI revolution, which they say 'represents the biggest tech transformation in over 40 years." After all, Nvidia's momentous ascent has been the stuff of dreams for AI fans. Interest in AI reached new heights when ChatGPT launched in late 2022, and Nvidia's powerful graphics processing units emerged as a solution to power the technology. Today, Nvidia is widely regarded as the chip maker of choice for hyperscalers, Microsoft included. Nvidia stands at the forefront, 'as they are the only game in town with their chips the new gold and oil." The company's dominance allows CEO Jensen Huang to have 'the best perch and vantage point to discuss overall enterprise AI demand," the analysts contended. Microsoft's AI story has been equally compelling for bulls. The company once known for the Windows operating system and Microsoft Office suite has rebranded itself into an AI enterprise—if the language in its latest earnings report is any indication. Azure, Microsoft's flagship cloud computing platform, offers a suite of tools that allow developers to build and deploy AI applications. Its footing in the cloud computing space, alongside other hyperscalers like Alphabet, is a key advantage: The need for cloud compute is only expected to grow as the adoption of AI, a power-intensive technology, ramps up. As more AI use cases are identified, the Wedbush team expects Amazon Web Services and Google Cloud Platform to 'acquire AI-capable chips, build AI-capable service offerings, and sell those services into their respective installed bases." Nvidia stock rose 1.3% to $157.11 on Friday. Wedbush maintains an Outperform rating and $175 price target on the shares. Microsoft was flat at $497.67. The firm rates Microsoft at Outperform with a $600 target price. Wedbush Fund Advisers launched the Dan IVES Wedbush AI Revolution ETF earlier this month, which includes Microsoft, Nvidia, and the other Magnificent Seven tech stocks.
