Latest news with #Logicalis
Yahoo
18 hours ago
- Business
- Yahoo
Logicalis US Honored as North America Rising Star Partner of the Year at Dell Technologies World 2025
TROY, Mich., June 6, 2025 /PRNewswire/ -- Logicalis US, the leading global technology service provider, has been named Dell Technologies' 2025 North America Rising Star Partner of the Year. The Partner of the Year Awards honor companies that showcase excellence that aligns with Dell Technologies' core values and business strategy. Logicalis has collaborated with Dell Technologies for over 15 years, and is a Dell Technologies Platinum Solution Provider. The managed service provider's highly experienced team of Dell Technologies-certified engineers and professionals work to deliver Dell-based solutions for customers looking to digitally transform their businesses and achieve their desired outcomes. "Being named Dell Technologies' 2025 North America Rising Star Partner of the Year is a great honor for Logicalis and underscores our commitment to working with our key partners to deliver cutting-edge services," said Jon Groves, CEO of Logicalis US. "As technology continues to evolve, our work with Dell Technologies enables us to act as Architects of Change™ and provide transformative solutions to customers seeking smarter, more secure operations. We look forward to continuing our long collaboration with Dell Technologies and driving further success for our customers." The Dell Technologies Partner of the Year Awards were announced during Dell Technologies World, held May 19-22 in Las Vegas. About Logicalis USWe are Architects of Change™. We help organizations succeed in a digital-first world. At Logicalis, we harness our collective technology expertise to help our clients build a blueprint for success, so they can deliver sustainable outcomes that matter. Our lifecycle services across cloud, connectivity, collaboration and security are designed to help optimize operations, reduce risk and empower employees. As a global technology service provider, we deliver next-generation digital managed services, to provide our clients with real-time visibility and actionable insights across the performance of their digital ecosystem including; availability, user experience, security, economic performance and sustainability. Our 7000+ 'Architects of Change' are based in 27 countries around the globe, helping our 10,000+ clients across a range of industry sectors, create sustainable outcomes through technology. Logicalis has annualized revenues of $1.7 billion, from operations in Europe, North America, Latin America, Asia Pacific, and Africa. It is a division of Datatec Limited, listed on the Johannesburg Stock Exchange, with revenues of over $4.6 billion. For more information visit View original content to download multimedia: SOURCE Logicalis
Yahoo
28-05-2025
- Business
- Yahoo
Datatec Ltd (DTTLF) Full Year 2025 Earnings Call Highlights: Strong Growth in Profitability and ...
Gross Invoiced Income: Increased by $114 million to $7.74 billion. Gross Profit: Rose by $48 million, a 5.6% increase. Adjusted EBITDA: Increased by $54 million, a rise of 28%. Underlying Earnings Per Share: Increased by approximately 80%. Dividend Payout Ratio: Increased from 3:1 to 2:1, a 114% increase in total dividend paid. Net Debt: Reduced by $59 million, ending at $30 million. Recurring Gross Invoiced Income: Rose by 14% to approximately $3.5 billion. Westcon EBITDA: Increased by 25%. Logicalis Gross Margin: Increased to 30%. Logicalis Adjusted EBITDA Margin: Expanded to 8%. Logicalis LatAm Adjusted EBITDA: Grew by over 50%. Logicalis LatAm EBITDA: Increased by approximately 70%. Warning! GuruFocus has detected 12 Warning Signs with DTTLF. High Yield Dividend Stocks in Gurus' Portfolio This Powerful Chart Made Peter Lynch 29% A Year For 13 Years How to calculate the intrinsic value of a stock? Release Date: May 27, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Datatec Ltd (DTTLF) reported a significant increase in gross invoiced income, rising by $114 million to $7.74 billion. The company achieved a substantial rise in adjusted EBITDA by 28%, reflecting improved operational efficiency. Underlying earnings per share saw an impressive increase of approximately 80% compared to the previous year. The company decided to increase its dividend payout ratio from 3:1 to 2:1, resulting in a 114% increase in total dividends paid. Strong growth in cybersecurity and networking for enterprises, driven by AI adoption, contributed to improved performance across divisions. Net finance costs increased due to higher interest rates and greater utilization of facilities. The change in accounting policy for revenue recognition, particularly in the Westcon business, led to reported revenue reductions. Hardware sales continue to decline as the company pivots towards more software and services. The Middle East and Africa regions did not experience top-line growth, unlike other regions. The restructuring in Europe and the rising valuation of the business increased the IFRS 2 charge for the employee share incentive program. Q: How is the recent rally in the share price impacting management thinking about share buybacks moving forward? A: Jens Montanana, Chief Executive Officer, stated that Datatec Ltd is continuing with its pre-defined share repurchase program but did not provide specific details or parameters. Q: Net debt reduced significantly by the end of FY25. How sustainable is this low level of debt? A: Ivan Dittrich, Chief Financial Officer, explained that while net debt reduced significantly, average utilization of facilities was higher throughout the year. With a shift towards more software and services, working capital utilization is expected to decrease, leading to a general trend of reducing overall debt. Q: Could you talk through the trend for gross invoice income through the year by division? How did you exit FY25? A: Jens Montanana noted that gross invoice income, representing top-line sales, is expected to grow at low-single digits across all divisions. However, gross profit is anticipated to grow faster due to the ongoing mix change and increase in services and software, providing leverage further down the income statement. Q: What are the main drivers behind the new definition for IFRS revenue? A: Jens Montanana highlighted that the pivot to more software, services, and recurring revenue is the main driver behind the new IFRS revenue definition, aligning with industry trends and peer reporting. Q: How is AI adoption impacting Datatec's business strategy? A: Jens Montanana emphasized that AI adoption is driving demand for enterprise and data center AI infrastructure, leading to a monumental retooling of the IT landscape. This shift is expected to boost IT infrastructure and cybersecurity, positioning Datatec well in the market. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
22-05-2025
- Business
- Yahoo
Logicalis becomes first Cisco XDR CPS Specialisation Partner to offer global Cisco MXDR
LONDON, May 22, 2025 /PRNewswire/ -- Logicalis, the leading global technology service provider, today announces it has achieved the Cisco Extended Detection Response (XDR) Cisco Powered Services (CPS) Solution Specialisation and becomes a Cisco XDR CPS Specialisation Partner. Logicalis is the first Cisco XDR CPS Specialisation Partner to offer Cisco XDR as a global Managed Service (MXDR), cementing the company's status as a leading managed security services provider. Through Logicalis's global network of Security Operations Centres (SOCs), the company's MXDR services enable organisations to proactively manage threats and strengthen their security posture 24/7/365. Speaking about the specialisation, Bob Bailkoski, Global CEO of Logicalis, said, "As cyber threats grow more complex, Logicalis continually remains at the forefront of next-generation cyber defence, enabling customers to stay cyber aware, cyber secure, and resilient. This new Cisco XDR CPS specialisation demonstrates our commitment to offering customers a range of the most advanced solutions on the market and showcases our close relationship to developing industry leading managed services together with Cisco. An incredible achievement from our Logicalis Security teams." As Andrew Sage, VP Global Partners at Cisco, explains, "As one of only six Global Gold Partners, Logicalis continues to innovate and deliver leading Secure Managed Services to clients. We are proud to work in partnership with Logicalis to bring the best of Cisco XDR technology combined with top-tier Security Operation Centre delivery across the globe. Together, Cisco and Logicalis provide our customers with the confidence that their data is secure." Artur Martins, CISO Logicalis Portugal, adds, "Built around Cisco's XDR technology, our MXDR service is designed to simplify cybersecurity by integrating threat detection, investigation, and response into a unified, cloud-native platform. By focusing on real-time visibility, automated correlation, and rapid incident response, we help organisations enhance their cyber resilience. The Cisco CPS gives customers confidence they are receiving the best-in-class managed service utilising the advanced technology from Cisco XDR." In addition to securing the Cisco XDR CPS Solution Specialisation, Logicalis has also achieved Global MXDR status for Microsoft, joining only a handful of service providers qualified to deliver Microsoft's most sophisticated managed detection and response services. About Logicalis We are Architects of Change™. We help organisations succeed in a digital-first world. At Logicalis, we harness our collective technology expertise to help our clients build a blueprint for success, so they can deliver sustainable outcomes that matter. Our lifecycle services across cloud, connectivity, collaboration and security are designed to help optimise operations, reduce risk and empower employees. As a global technology service provider, we deliver next-generation digital managed services, to provide our clients with real-time visibility and actionable insights across the performance of their digital ecosystem including availability, user experience, security, economic performance and sustainability. Our 7000+ 'Architects of Change' are based in 30 territories around the globe, helping our 10,000+ clients across a range of industry sectors create sustainable outcomes through technology. Logicalis has annualised revenues of $1.8 billion, from operations in Europe, North America, Latin America, Asia Pacific, and Africa. It is a division of Datatec Limited, listed on the Johannesburg Stock Exchange, with revenues of over $5.5 billion. View original content: SOURCE Logicalis
Techday NZ
14-05-2025
- Business
- Techday NZ
Kinetic IT appoints Lara Barnett as Head of Marketing for growth
Kinetic IT has appointed Lara Barnett as Head of Marketing to guide the next stage of its brand and growth strategy. Barnett brings over 15 years of business-to-business marketing experience across the Asia-Pacific region, with a particular focus on the IT services sector. Prior to joining Kinetic IT, she was with Logicalis, a global managed services provider, where she led the Australian marketing team and contributed to delivering globally recognised brand and sustainability initiatives. In her new role, Barnett will have responsibility for Kinetic IT's national marketing operations. She is expected to work closely with senior executives to increase the visibility of the company's brand and support its strategic growth direction, with specific emphasis on strengthening partnerships both in the public and private sectors. Michael North, Chief Executive Officer of Kinetic IT, said, "Lara's leadership and vision will help us amplify our partner collaboration, and aligns with our ambition to strengthen our position as the trusted, sovereign technology partner to Australian public sector and enterprise organisations." Barnett commented on her appointment, saying, "I'm thrilled to be stepping into the role of leading Kinetic IT's marketing function at such a pivotal time for the business." She added, "Kinetic IT brings a distinctive value proposition deeply rooted in our Australian identity, with dedicated onshore expertise that's increasingly vital in today's technology landscape. I see great potential to amplify our business strategy through marketing, generate real business value, and create a differentiated brand that resonates with customers and partners alike." Recently, Barnett was named Rising Star at the 2024 ARN Women in ICT Awards, reflecting her growing profile in the technology sector. She is also co-manager of Generate, described as ANZ's largest business-to-business marketing community, comprising more than 1,000 active members. Her recent initiatives have included the launch of Chief Information Officer engagement programmes, delivery of sustainable event portfolios, and undertaking brand research projects. Barnett will be based in Sydney and will collaborate with teams across the company's national operations. Kinetic IT employs more than 1,500 people nationwide and has a client base that includes organisations in the government, infrastructure, defence, education, law enforcement, emergency services, utilities, and transport sectors. Follow us on: Share on:
Techday NZ
22-04-2025
- Business
- Techday NZ
Logicalis launches Cisco XDR managed service in Asia Pacific
Logicalis has become the first partner in the Asia Pacific (APAC) region to launch Cisco's Extended Detection and Response (XDR) solution as a Global Managed Service (MXDR), expanding its cybersecurity capabilities through its APAC Security Operations Center (SOC) in Malaysia. Customers across Australia, Hong Kong, and Singapore will be the first in the region to access the Cisco MXDR service, which offers advanced, AI-driven cybersecurity monitoring and response through a unified incident management platform. The solution is designed to address increasing cyber threats faced by organisations across APAC. According to the Logicalis APAC CIO report, 91 percent of organisations surveyed experienced cybersecurity incidents in the past 12 months, with more than half of those experiencing multiple breaches. "Security is the number one concern for our customers and we're seeing a tidal wave of demand for services amidst a growing skills gap," said Lee Chong-Win, CEO of Logicalis Asia Pacific. "Logicalis is investing heavily in our regional SOC capabilities to meet this demand. Cisco XDR provides the AI-driven automation customers need, combined with the 24/7 SOC capabilities and global threat intelligence that Logicalis can provide, addressing both the security coverage and skills gap concerns, at a compelling price point for the APAC market." Delivered as a managed service, Cisco XDR integrates with a range of existing security tools and complements an organisation's endpoint protection systems. It leverages AI-driven automation to enhance incident detection and response, enabling faster mitigation of threats across environments. The service is delivered through Logicalis's regional SOC in Malaysia and is supported by its broader network of global SOCs across Europe, the Middle East and Africa (EMEA), and the Americas. Dave West, President of Cisco Asia Pacific, Japan, and Greater China, said the collaboration with Logicalis exemplifies the potential of technology partnerships to deliver meaningful outcomes for businesses. "Together with Logicalis, Cisco is helping customers transform their security operations to be more responsive, intelligent, and aligned to business outcomes," West said. "This launch represents the best of what technology partnerships can deliver: next generation, AI-driven cybersecurity solutions that provide tangible value for customers." Logicalis's Cisco XDR as a Managed Service is currently undergoing validation as a global Cisco Powered Service (CPS), which the company says will further strengthen its position as a preferred managed security provider for Cisco technologies. The Malaysian SOC plays a key role in Logicalis's regional cybersecurity capabilities, combining local expertise with global threat intelligence. The centre provides continuous monitoring, high levels of threat visibility, and compliance support, helping customers respond to and manage cyber risks effectively. Logicalis says its global SOC framework allows it to deliver consistent service standards while tailoring its cybersecurity offerings to regional needs. Customers in EMEA are already live on the service, and Logicalis expects its APAC rollout to set a new standard for managed cybersecurity services in the region.
