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DGA announces results of 2025 Digital Experience Maturity Index
DGA announces results of 2025 Digital Experience Maturity Index

Argaam

time06-08-2025

  • Business
  • Argaam

DGA announces results of 2025 Digital Experience Maturity Index

The Digital Government Authority (DGA) announced the results of the 2025 Digital Experience Maturity Index, which reached 86.71%, classified as an Advanced level. The index recorded growth compared to 2024, with the number of participating beneficiaries rising to over 374,000. The scope of the assessment also expanded to include 50 platforms, up from 39 platforms in the previous year, as shown in the table below:

Saudi Arabia's digital experience maturity index reaches 86.7% in 2025
Saudi Arabia's digital experience maturity index reaches 86.7% in 2025

Zawya

time06-08-2025

  • Business
  • Zawya

Saudi Arabia's digital experience maturity index reaches 86.7% in 2025

RIYADH — Saudi Arabia's Digital Government Authority has announced that the 2025 Digital Experience Maturity Index reached 86.71%, placing the Kingdom at an 'advanced' level in its ongoing digital transformation. The result comes after a comprehensive evaluation of 50 digital platforms across four main dimensions and 20 detailed criteria, covering user satisfaction, interface quality, complaint handling, and the use of advanced technologies. According to DGA Governor Eng. Ahmed Al-Suwayan, the findings reflect the strong commitment of government entities to enhancing service delivery and public satisfaction through accessible, seamless, and effective digital platforms. The index also recorded an increase in public engagement, with more than 374,000 users participating in this year's evaluation — up from the previous year — underscoring growing public trust and interaction with digital government services. Among the evaluated platforms, several stood out with scores above 90%, including Absher (93.95%), the Zakat, Tax and Customs Authority's platform (93.25%), Tawakkalna (91.89%), Etimad (91.43%), and Qiwa (91.06%). Other notable platforms included Ehsan, the Ministry of Tourism portal, the GOSI platform, Sehhaty, and Sanea'i, all of which earned 'advanced' status for their digital service quality and usability. This year's index also introduced a new sub-measure focused on digital inclusivity, which achieved a score of 75.3% at an 'empowered' level, signaling the government's growing attention to ensuring all segments of society — including people with disabilities and the elderly — can independently access and benefit from digital services. The DGA noted that the Kingdom continues to improve its index methodology annually, ensuring it remains aligned with global digital trends. In 2024, Saudi Arabia ranked first regionally in ESCWA's eGovernment and mGovernment Maturity Index and placed fourth globally and second among G20 countries in the UN's Digital Services Index. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (

This Beaten-Down Stock Looks Too Cheap to Ignore With 55% Upside Potential
This Beaten-Down Stock Looks Too Cheap to Ignore With 55% Upside Potential

Yahoo

time03-07-2025

  • Business
  • Yahoo

This Beaten-Down Stock Looks Too Cheap to Ignore With 55% Upside Potential

Adobe Systems (ADBE), valued at $164.1 billion, has long been a dominant force in the creative software industry. The company has been constantly evolving to meet the needs of creators, marketers, businesses, and developers. Despite a strong report for the second quarter of its fiscal 2025, Adobe's stock is down 12.1% year to date, trailing the S&P 500 Index's ($SPX) 5.5% gain. Now, as the company integrates artificial intelligence (AI) into its suite of tools, the stock has piqued analysts' interest, earning a 'Strong Buy' rating, up from a 'Moderate Buy' consensus a month ago. Is Palantir Stock a Buy, Sell, or Hold for July 2025? Is Archer Aviation Stock a Buy, Sell, or Hold for July 2025? Oklo Just Announced a New Nuclear Fuel Deal. Is OKLO Stock a Buy Here? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Let's see if ADBE stock has a place in a long-term portfolio. Adobe's transition from selling perpetual licenses to a subscription-based software as a service (SaaS) model worked in its favor. This transition enabled Adobe to establish strong customer loyalty and significantly increase its total addressable market. The company operates in three main segments: Digital Media. This category includes the flagship Creative Cloud and Document Cloud platforms, which include Photoshop, Illustrator, and Adobe Acrobat. Digital Experience. This segment drives digital marketing and customer engagement strategies. Publishing and Advertising. Adobe continues to generate revenue from legacy products and advertising services. Adobe's financial performance over the past decade displays the power of recurring revenue and margin expansion. In the most recent second quarter, Adobe reported revenue of $5.87 billion, representing 11% year-over-year growth. Adjusted diluted earnings increased 13% to $5.06 per share. Remaining performance obligations (RPO), which measure revenue to be realized, increased 10% year on year to $19.7 billion, with current RPO at 67%, indicating strong forward-looking demand. Subscription revenue from business professionals and consumers totaled $1.6 billion in Q2, up 15% year over year. The creative and marketing professionals group generated $4.02 billion in subscription revenue, up 10% year on year. The Digital Media segment remains Adobe's growth engine, with continued strength in Acrobat, Express, and Creative Cloud offerings. Monthly active users of Acrobat and Express combined increased by more than 25% year on year, aided by AI capabilities. During the earnings call, management noted that Creative Cloud's flagship products (Photoshop, Lightroom, and CC All Apps) experienced strong growth, particularly in emerging markets such as India, Latin America, and Eastern Europe. Firefly adoption is continuing to grow, with total generations exceeding 24 billion. Firefly, introduced in 2023, is Adobe's generative AI model trained on Adobe Stock images and licensed content. Notably, Firefly is becoming more integrated throughout the product stack, from Photoshop to GenStudio, which is gaining significant enterprise traction. Digital Media revenue increased to $4.35 billion, up 12%. Similarly, Digital Experience revenue reached $1.46 billion, up 10%. A growing demand for AI-powered customer experience orchestration drove the expansion. GenStudio, one of the segment's fastest-growing products, is now integrated with Firefly for creative and marketing automation. GenStudio's ARR increased by more than 25% year on year as more enterprise clients used the platform for performance marketing. Furthermore, Adobe manages its cash effectively, returning value to shareholders through share repurchases while investing in R&D and AI innovations. The company repurchased $3.5 billion in shares in Q1 and still has $10.9 billion remaining from its authorized $25 billion granted in 2024. The company's balance sheet is also robust, with $5.7 billion in cash and short-term investments and a manageable debt-equity ratio of 0.54x. Following a strong first half, Adobe raised its full-year guidance. It now expects full-year fiscal 2025 revenue of $23.5 billion to $23.6 billion, a 10% increase over fiscal 2024. Digital Media revenue could be between $17.45 billion and $17.5 billion, while Digital Experience revenue could be between $5.8 billion and $5.9 billion. Subscription revenue for the Digital Experience segment is expected to range between $5.37 billion and $5.42 billion. Additionally, Adobe expects adjusted EPS to be between $20.50 and $20.70 in fiscal 2025, representing a 12% increase at the midpoint. The company reaffirmed its target of 11% growth in Digital Media ending ARR and remains on track to exceed $250 million in direct AI ARR by the end of the year. Analysts who cover the stock predict that Adobe's revenue and earnings will increase by 9.6% and 11.7%, respectively, in fiscal year 2025. In terms of valuation, Adobe is currently trading at 18 times forward 2025 estimated earnings, which is nearly 45% lower than the stock's five-year historical average P/E. Wall Street's confidence in Adobe stock is reflected in its upgrade to a 'Strong Buy' consensus rating from a 'Moderate Buy' a month ago. Recently, Bank of America Securities analyst Bradley Sills maintained a 'Buy' rating on Adobe stock with a $475 price target, citing the company's strategic positioning and long-term growth prospects. According to Sills, Adobe is in the early stages of the agentic AI cycle, which will revolutionize creative workflows through increased automation. Sills went on to say that Adobe's focus on data governance, cloud security, and the integration of third-party AI models strengthens its position as a leader in enterprise digital transformation. Adobe is well-positioned for future growth, having recently launched 12 AI agents and formed key partnerships with major tech firms. Out of the 34 analysts covering the stock, 23 have a 'Strong Buy' recommendation, two analysts rate it a 'Moderate Buy,' and nine rate it a 'Hold.' The average analyst target price of $499.40 for ADBE implies 28% upside above current levels. Furthermore, its Street-high estimate of $605 indicates the stock can rally as much as 55% over the next 12 months. With robust revenue growth, record cash flows, rising AI adoption, and increased guidance, Adobe is well-positioned to maintain its leadership in the digital creativity and experience landscape. This could be an excellent opportunity for long-term investors to grab this AI software stock at a discount. On the date of publication, Sushree Mohanty did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio

Adobe Upgrades CXO With New Solution: Can the Technology Deliver?
Adobe Upgrades CXO With New Solution: Can the Technology Deliver?

Yahoo

time18-06-2025

  • Business
  • Yahoo

Adobe Upgrades CXO With New Solution: Can the Technology Deliver?

Adobe ADBE continues to strengthen its enterprise focus through the Digital Experience segment, which combines creativity, data and AI to help brands deliver personalized and real-time engagement. As enterprises scale investments in marketing automation and content orchestration, the company's Customer Experience Orchestration (CXO) platform positions it well for long-term and Firefly Services are core to Adobe's CXO strategy. GenStudio supports campaign planning, content creation and deployment across marketing channels. Firefly enables large-scale asset generation in image, video and 3D formats using the company's AI models, streamlining production and accelerating recently expanded its CXO platform with new GenStudio capabilities. The upgrade enables automated, on-brand ad deployment across platforms like Meta, Google and LinkedIn. Powered by Firefly Services, the upgrade enhances scalable content generation. The company also introduced LLM Optimizer to improve asset discoverability and Agent Orchestrator to automate campaign execution through AI continued product innovation is driving platform engagement. In the second quarter of 2025, monthly active users for Acrobat and Express crossed 700 million, up over 25% year over year. The company also reported 11x year-over-year growth in the adoption of Express features within Acrobat, reflecting strong demand for integrated design and document enterprise adoption is driving Digital Experience growth. In the second quarter of fiscal 2025, segment revenues increased 10% year over year to $1.46 billion, beating the Zacks Consensus Estimate by 1.56%. Subscription revenues from the same rose 11% to $1.33 billion, led by rising adoption of GenStudio and Firefly Services. The figure outperformed the Zacks Consensus Estimate by 0.74%. As demand rises for intelligent, automated content workflows, Adobe expects CXO-led adoption to support recurring revenue momentum in upcoming quarters. Adobe's digital experience segment is facing stiff competition from Salesforce CRM and HubSpot HUBS, both advancing their AI-driven marketing is strengthening its position with Marketing Cloud and Data Cloud, offering real-time personalization and campaign orchestration supported by Einstein AI. The deep integration with its Customer Relationship Management (CRM) tools makes Salesforce an integral alternative to Adobe's CXO-led is gaining traction among Small-Medium Businesses with its all-in-one CRM suite. Through CMS Hub and Marketing Hub, HubSpot enables content creation, workflow automation and personalized engagement. As HubSpot integrates more AI capabilities, it is becoming a strong alternative to Adobe for businesses seeking intuitive and scalable digital experience tools. Adobe shares have declined 11.9% year to date, while the broader Zacks Computer & Technology sector has returned 1.2% and the Zacks Computer - Software industry has risen 11.1%. Image Source: Zacks Investment Research Adobe stock is trading at a premium, with a forward 12-month Price/Sales of 6.79X compared with the Computer and Technology sector's 6.33X. Adobe has a Value Score of D. Image Source: Zacks Investment Research The Zacks Consensus Estimate for third-quarter 2025 earnings is pegged at $5.08 per share, up by a penny over the past 30 days, indicating 9.25% year-over-year consensus mark for Adobe's fiscal 2025 earnings is pegged at $20.36 per share, which has been unchanged over the past 30 days. The figure indicates 10.53% growth over fiscal 2024. Adobe Inc. price-consensus-chart | Adobe Inc. Quote Adobe currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Salesforce Inc. (CRM) : Free Stock Analysis Report Adobe Inc. (ADBE) : Free Stock Analysis Report HubSpot, Inc. (HUBS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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

FiberStar Selects Incognito Software Systems to Optimize Fiber Network and Enhance Wi-Fi Service Quality
FiberStar Selects Incognito Software Systems to Optimize Fiber Network and Enhance Wi-Fi Service Quality

Business Upturn

time11-06-2025

  • Business
  • Business Upturn

FiberStar Selects Incognito Software Systems to Optimize Fiber Network and Enhance Wi-Fi Service Quality

VANCOUVER, British Columbia: PT. Mega Akses Persada (FiberStar), a leading fiber operator in Indonesia, has announced its partnership with Incognito Software Systems, a leading global provider of broadband service orchestration, device management, and network intelligence OSS solutions, to deploy its Digital Experience (DX) Solution to streamline multi-vendor device management and optimize Wi-Fi service quality. With Incognito's solution, FiberStar can take advantage of market-leading TR-069 and Wi-Fi management capabilities to enhance key customer journeys, such as service activation, performance management, and issue resolution. With a focus on designing, building, and operating high-quality, open-access fiber infrastructure that enables enterprise customers and communication service providers to offer triple-play services across 200 cities in Indonesia, FiberStar required a robust device management solution capable of supporting end-to-end provisioning and monitoring of Optical Network Terminals (ONTs) across its network while maintaining visibility of in-home Wi-Fi performance. Thanks to the flexible architecture and standards-based approach of Incognito's solution, the deployment was completed swiftly in just a matter of weeks, allowing FiberStar to quickly enhance its service delivery. Incognito's DX Solution equips FiberStar with real-time visibility into in-home Wi-Fi performance, enabling remote diagnostics, proactive troubleshooting, and seamless configuration updates across multi-vendor devices. This ensures optimized connectivity, reduced service disruptions, and faster resolution of Wi-Fi issues, leading to improved customer satisfaction and trust. Key features of the solution include: Standards-based TR-069 device management and provisioning that is network access agnostic and vendor-neutral; Centrally managed device configurations, including firmware updates, reboots, and parameter changes, to streamline operational processes; Advanced service quality management to validate connection quality, perform automated network-wide monitoring, and conduct individual device diagnostics; Real-time alerts and reporting to provide deeper insights into network performance and long-term trends. 'At FiberStar, we are committed to delivering top-tier fiber services to customers across Indonesia,' says Sugiharto Darmakusuma, President Director at FiberStar. 'By selecting Incognito's proven carrier-grade solution, we can improve operational efficiencies while continuing to meet the growing demands of the Indonesian IT market and exceed customer expectations.' To support this project, Incognito worked with PT Multipolar Technology Tbk to ensure a seamless deployment of the DX Solution for FiberStar. Multipolar Technology played a key role in understanding the networking requirements, facilitating stakeholder collaboration, and ensuring a smooth implementation that enhances FiberStar's service offerings. 'Through our collaboration with Incognito, Multipolar Technology has provided FiberStar with a best-in-class and telco standard device management solution (FTTH multi-vendor ONT management) empowering them to deliver exceptional connectivity experiences,' said Yugi Edison, Director Account Management Telco and Public Sector at Multipolar Technology. 'We are excited to continue this collaboration with FiberStar to foster innovation throughout the region.' 'Incognito is proud to be a key enabler of FiberStar's network growth goals,' said Gary Knee, CEO of Incognito. 'The swift deployment of our DX Solution provides network-wide visibility and control over FiberStar's fiber network devices, helping cut costs, reduce demands on operational teams, and improving the quality of experience of all subscribers.' About Incognito Software Systems Inc. Incognito Software Systems Inc. provides service orchestration software and services that help digital service providers manage the next-generation broadband experience. Founded 30 years ago, Incognito has over 200 customers worldwide, including America Movil, Cox, Digicel, Globe, and Orange, leveraging its solutions to fast-track the introduction of innovative broadband services over fiber and 5G fixed wireless access technologies, while delivering a great customer experience. Incognito Software Systems is a Lumine Group company (TSXV: LMN). Visit or follow us on LinkedIn and X (Twitter). View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.

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