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Exclusive: Maxar and Saab seek stronger Europe in new partnership
Exclusive: Maxar and Saab seek stronger Europe in new partnership

Axios

time4 days ago

  • Business
  • Axios

Exclusive: Maxar and Saab seek stronger Europe in new partnership

Maxar Intelligence and Saab are expanding their partnership, this time focused on geospatial intelligence, drone autonomy and improved targeting. Why it matters: The collaboration could bolster European security at a time when Russia's war machine looms large and a rearmed continent remains a hot topic. "We can transfer that knowledge, their capabilities, into European defense in several different ways," Per Järbur, director of strategy and future capabilities at Saab's Dynamics business area, told Axios. Zoom in: The deal gives Saab access to Maxar's satellite imagery and terrain data, as well as software like Raptor, which lets drones navigate in the absence of GPS with no additional, bolted-on equipment. The two companies tested Raptor in multiple countries, but did not specify which. "If you think about the geo-accuracy of what we're doing, we're within a couple of meters … for things like targeting and so forth," Dan Smoot, Maxar Intelligence's chief executive, said in an interview. "That's the power of having this rapid and precise 3D capability built into Raptor." Zoom out: The goal is to have an immediate effect. Both companies mentioned strengthening C5ISR, or command, control, communications, computers, cyber, intelligence, surveillance and reconnaissance.

CERT-In issues high-risk advisory over critical Microsoft vulnerabilities: Report
CERT-In issues high-risk advisory over critical Microsoft vulnerabilities: Report

Mint

time26-05-2025

  • Mint

CERT-In issues high-risk advisory over critical Microsoft vulnerabilities: Report

The Indian Computer Emergency Response Team (CERT-In), under the Ministry of Electronics and Information Technology, has issued a high-risk security advisory for users of Microsoft products,reported Business Standard. As per the publication, the alert, published on CERT-In's official platform, highlights serious vulnerabilities that could potentially expose users and organisations to a range of cyber threats. You may be interested in According to the advisory, the identified flaws reportedly affect a wide range of Microsoft services and tools, including Microsoft Windows, Microsoft Azure, Office, Developer Tools, Dynamics, System Centre, and extended security updates for older Microsoft products. CERT-In has raised concerns that the vulnerabilities could be exploited by attackers to gain elevated privileges, access confidential data, bypass security mechanisms, execute remote code, or initiate denial-of-service (DoS) and spoofing attacks. 'These multiple vulnerabilities in Microsoft products could be exploited to compromise system integrity and put sensitive information at risk,' the agency warned, urging IT administrators, cybersecurity teams, and general users to act promptly. As of now, Microsoft has not issued any official workaround or mitigation for the vulnerabilities. Users are being advised to install the latest security patches released by Microsoft in its May 2025 update to minimise potential risks. It is noteworthy that the advisory serves as a crucial reminder for organisations and individuals to remain vigilant and to ensure that all systems are updated regularly to avoid potential exploitation. Install the latest security updates as detailed in Microsoft's May 2025 release notes. Monitor systems for unusual activity and apply best practices in access management and endpoint security. Engage security professionals to assess vulnerabilities and ensure appropriate defences are in place. With cyberattacks growing increasingly sophisticated, CERT-In's alert underscores the importance of proactive cybersecurity measures in safeguarding digital infrastructure.

Leading Microsoft Dynamics ISVs Combine to Create Global Solution Suite with Significant Growth Investment from Insight Partners; Joakim Alm Named CEO
Leading Microsoft Dynamics ISVs Combine to Create Global Solution Suite with Significant Growth Investment from Insight Partners; Joakim Alm Named CEO

Yahoo

time23-05-2025

  • Business
  • Yahoo

Leading Microsoft Dynamics ISVs Combine to Create Global Solution Suite with Significant Growth Investment from Insight Partners; Joakim Alm Named CEO

STOCKHOLM and HOUSTON and AARHUS, Denmark and VENLO, Netherlands , May 23, 2025 /PRNewswire/ -- Four leading independent software vendors (ISVs) in the Microsoft Dynamics ecosystem – SignUp Software, SKsoft, DynamicWeb, and Axtension – have united to form a global solutions suite purpose-built for Dynamics 365. With a combined base of over 5,000 customers across 80+ countries, the new integrated organization will begin delivering a comprehensive portfolio of solutions that enhance financial, treasury, commerce, and operations workflows. This best-in-class suite of products includes ExFlow for financial and AP automation, SKsoft for treasury, payment, and reconciliation automation, DynamicWeb for omnichannel commerce and Product Information Management, and Axtension for production & project planning, document management, and shipping orchestration. Built for Microsoft Dynamics 365, the unified offering provides a scalable, tightly integrated solution set to streamline ERP processes and improve business outcomes. To lead this new phase of growth and guide continued worldwide expansion, seasoned software executive Joakim Alm has been appointed Chief Executive Officer to lead the new group. Alm previously served as CEO of Benify, a global benefits and HR platform. "Uniting these high-caliber ISVs under one roof gives our valued customers an end-to-end toolkit – enhancing financial automation and distribution workflows – all tightly tied to the Microsoft Dynamics 365 environment," said Joakim Alm, CEO. "Our shared Microsoft DNA and global partner network position us to deliver immediate value to customers & partners and accelerate innovation and AI development across the suite of products." This strategic and monumental combination was powered by global software investor Insight Partners, which will work alongside the leadership team to support continued innovation, geographic expansion, and further strategic acquisitions. "We are excited to partner with this world-class team as they build upon the strengths and proven successes of SignUp Software, SKsoft, DynamicWeb, and Axtension to establish a market leader for Dynamics-based ERP solutions," said Jared Rosen, Managing Director at Insight Partners. "The combined business and product portfolio is positioned to transform financial and operational workflows globally for Dynamics users, and we look forward to supporting its continued innovation, global expansion, and additional growth through M&A." This announcement marks a new chapter for the Dynamics ecosystem – delivering unified capabilities, accelerated feature development, and a global partner and customer experience designed for the modern ERP era. About SignUp Software: SignUp Software is a global leader in financial and AP automation for Microsoft Dynamics 365 with its solution, ExFlow. Through an extensive network of over 150 partners worldwide, the company serves more than 2,000 customers across 65 countries. About SKsoft: SKsoft is a global leader in banking and treasury automation solutions for Microsoft Dynamics 365. As the maker of global bank connectivity platform, BankFabric, SKsoft serves over 1,600 customers worldwide across 80 countries. About DynamicWeb: DynamicWeb is a global leader in delivering a product suite offering eCommerce, Product Information Management (PIM), and Content Management integrated tightly with Microsoft Dynamics 365. Through a partner network of more than 175 partners, DynamicWeb serves over 1,500 customers across the globe. About Axtension: Axtension is an independent software vendor dedicated to extending the capabilities of the Microsoft Dynamics 365 platform. The Axtension suite enhances the ERP's operational value through integrated add-ons for production & project planning, document management, and shipping orchestration. About Insight Partners: Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of December 31, 2024, the firm has over $90B in regulatory assets under management. Insight Partners has invested in more than 800 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and the Bay Area. Insight's mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit or follow us on X @insightpartners. View original content: SOURCE SignUp Software Sign in to access your portfolio

Orangekloud to Attend Directions ASIA 2025 Conference, May 7-9, in Bangkok
Orangekloud to Attend Directions ASIA 2025 Conference, May 7-9, in Bangkok

Yahoo

time06-05-2025

  • Business
  • Yahoo

Orangekloud to Attend Directions ASIA 2025 Conference, May 7-9, in Bangkok

Orangekloud Technology Inc. SINGAPORE, May 06, 2025 (GLOBE NEWSWIRE) -- Orangekloud Technology Inc. (Nasdaq: ORKT) ('Orangekloud' or 'the Company'), a pioneer in AI-driven no-code application development, today announced that the Company will be attending the Directions ASIA 2025 Conference, May 7-9, on the 10th floor of the Avani+Riverside Hotel in Bangkok. Directions ASIA 2025 is a premier conference focused on the latest updates and innovations in the Microsoft ecosystem, including ERP, CRM, and Cloud Solutions. The Conference is expected to be attended by hundreds of members of the Dynamics community, including resellers, add-on providers, Microsoft, CSPs, MVPs, developers, consultants, sales and marketing professionals, and business leaders. Orangekloud will be exhibiting its next generation eMOBIQ AI App Development Platform and Enterprise Apps for Microsoft Dynamics 365 Business Central at booth number B12. Event attendees can explore how eMOBIQ AI allows the Company's partners to expand their business into mobile solutions with built-in Microsoft API readiness. Orangekloud also offers direct purchase options for its ready-made enterprise mobile apps to address specific customer requirements. The Conference will be open from 9am to 5pm on each of its three days. Those seeking to register for the Conference may purchase tickets at For additional information on the Conference, please go to About Orangekloud Technology Inc. Orangekloud Technology Inc. (Nasdaq: ORKT) is a Singapore-based technology company which offers the eMOBIQ® No-Code platform to develop mobile applications specially designed for Small and Medium Enterprises (SMEs) and corporations. A suite of eMOBIQ® mobile applications designed to digitalize and streamline operations in warehousing, sales ordering, delivery, manufacturing, and other key areas. The industry sectors focused on include Food Services & Manufacturing, Precision Engineering, Construction, etc. FORWARD-LOOKING STATEMENTS Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'plan,' 'potential,' 'predict,' 'project,' 'should,' 'target,' 'will,' 'would' and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the 'Risk Factors' section of the preliminary prospectus filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and Orangekloud Technology Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

Microsoft stock surges 9% as Azure earnings smash expectations and the AI boom rolls on
Microsoft stock surges 9% as Azure earnings smash expectations and the AI boom rolls on

Yahoo

time01-05-2025

  • Business
  • Yahoo

Microsoft stock surges 9% as Azure earnings smash expectations and the AI boom rolls on

Microsoft (MSFT) stock rose sharply Thursday morning, a day after the tech giant blew past Wall Street's expectations in its fiscal third-quarter earnings report. The stock was up about 9% in mid-morning trading. It's now up about 3% so far this year, having fully recovered from April's trade war-induced bloodbath in tech stocks. Microsoft racked up $70.1 billion in revenue, up 13%, and $25.8 billion in net income, up 18%, fueled by relentless demand for cloud and AI. Earnings came in at $3.46 per share, easily topping consensus estimates of $3.22. Microsoft's quarter drew gushing praise from analysts both on and off the earnings call, with Wedbush calling it 'an Aaron Judge-like performance' (referring to the New York Yankees slugger). Azure beat both the Street and internal targets, with AI workloads accounting for nearly half the cloud platform's growth. The company reaffirmed its $80 billion FY25 capital expenditures forecast and said infrastructure investments will continue to rise in FY26 — putting to rest speculation about data center cutbacks. Microsoft's cloud engine kept roaring in Q3, with Azure and other cloud services surging 33% year-over-year, powering a 21% increase in the all-important Intelligent Cloud segment, which hit $26.8 billion. Server product revenue rose 22% as demand for AI infrastructure stayed hot. The Productivity and Business Processes segment brought in $29.9 billion, up 10% from last year, driven by steady growth in Microsoft 365 and Dynamics. Microsoft 365 Commercial revenue rose 11%, with its cloud-based suite climbing 12%, while consumer revenue grew 10%. Dynamics 365 jumped 16%, lifting Dynamics overall by 11%. On anearnings call, executives offered a confident and detailed account of accelerating enterprise demand. CFO Amy Hood emphasized that while most of the quarter's upside came from non-AI services, digital-native companies are increasingly building everything — AI or not — in Azure. The result: a seamless pipeline converting Microsoft's massive capital expenditures into revenue faster than skeptics expected. Wedbush raised its price target on the stock 8.4%, from $475 to $515, noting that chatter around potential data center pullbacks is now 'put to rest.' As the line between AI and non-AI workloads continues to blur — and AI demand proves strong even amid an uncertain macro picture — Microsoft looks to be increasingly positioning itself as the core infrastructure provider of the AI era. In other words, hyperscaling has arrived — and it seems here to stay. —Catherine Baab contributed to this article. For the latest news, Facebook, Twitter and Instagram.

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