Latest news with #Zensar
Business Wire
20-05-2025
- Business
- Business Wire
Zensar Partners With ManageEngine to Drive IT Transformation and Enhance Enterprise Efficiency
AUSTIN, Texas--(BUSINESS WIRE)-- ManageEngine, a division of Zoho Corp and a leading provider of enterprise IT management solutions, and Zensar Technologies, a leading experience, engineering, and engagement technology solutions company, today announced a strategic partnership aimed at transforming enterprise IT management. This synergy will address critical industry challenges such as fragmented IT ecosystems and cater to the growing need for real-time observability and unified operations for today's enterprises. Zensar, part of RPG Group, is recognized worldwide for its ability to deliver innovative solutions and drive business transformation across industries such as banking, financial services, insurance, healthcare, manufacturing, and retail. Through this partnership, Zensar will be leveraging ManageEngine's comprehensive suite of enterprise IT management solutions, including its IT service management (ITSM) and IT operations management (ITOM) suite of products, to offer a unified approach to IT service management, application performance monitoring, and infrastructure observability to its customers. 'Enterprises today face increasing complexity in managing their IT infrastructure, affecting productivity and overall success," said Promoth Kumar, Chief Revenue Officer, ManageEngine. "This partnership with Zensar will provide businesses with a unified solution to streamline IT operations and enhance service delivery. By combining Zensar's expertise with our advanced IT solutions, we aim to deliver real-time visibility and proactive incident management, ensuring seamless operations.' The collaboration will enable organizations to achieve faster incident response times, enhanced monitoring, and reduced operational costs. Businesses can expect a more resilient IT infrastructure, improved service delivery, and data-driven decision-making through actionable insights that boost operational efficiency. Jitendra Nandwani, SVP and head of cloud, infrastructure and security services at Zensar Technologies, said, "Zensar has [had] a strong and successful collaboration with ManageEngine for over a decade, founded on mutual trust, transparency and shared goals. Our collaboration spans across three strategic pillars: reselling, system integrator, and technology handshake—where we consistently deliver synergistic outcomes. This partnership, a natural elevation of our relationship, enables us to respond swiftly and effectively to our clients on their digital transformation journeys, ensuring their business services operate reliably and efficiently." Together, ManageEngine and Zensar are committed to help organizations navigate through the complexities of modern IT environments in an ever-evolving digital landscape. About Zensar At Zensar, we are experience-led everything. We conceptualize, design, engineer, market, and manage digital solutions and experiences for 145+ leading enterprises. Using our 3Es of experience, engineering, and engagement, we harness the power of technology, creativity, and insight to deliver impact. Part of the $4.8 billion RPG Group, we are headquartered in Pune, India. Our 10,000+ employees work across 30+ locations worldwide, including in Milpitas, Seattle, Princeton, Zurich, Cape Town, London, Singapore, and Mexico City. About ManageEngine ManageEngine is a division of Zoho Corporation and a leading provider of IT management solutions for organizations across the world. With a powerful, flexible, and AI-powered digital enterprise management platform, we help businesses get their work done from anywhere and everywhere—better, safer, and faster. To learn more, visit
Yahoo
26-02-2025
- Business
- Yahoo
Bitdeer Technologies Group (BTDR) Reports Revenue Decline, Focuses on AI & HPC Expansion
We recently compiled a list of the . In this article, we are going to take a look at where Bitdeer Technologies Group (NASDAQ:BTDR) stands against the other AI stocks. Just as the AI industry was catching up with the launch of the DeepSeek AI R1 model in January, sources divulged that the Hangzhou-based company is planning to release the R2 model as early as possible. The company was previously aiming to launch the R2 model in May. DeepSeek expects the R2 model to exhibit better coding and reasoning capabilities in multiple languages. The R1 model, which was built cost-effectively using relatively less powerful GPUs, triggered a $1 trillion sell-off in US and European markets. The speculation around the R2 model could potentially drive further volatility in America's AI landscape as investors question the narrative that US-based AI companies require hundreds of billions of dollars to develop AI systems. "The launch of DeepSeek's R2 model could be a pivotal moment in the AI industry. DeepSeek's success at creating cost-effective AI models would likely spur companies worldwide to accelerate their own efforts ... breaking the stranglehold of the few dominant players in the field." -said Vijayasimha Alilughatta, COO Zensar. We selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey's database of over 1000 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A construction team in a mining datacenter building work site with plans and equipment in hand. Bitdeer Technologies Group (NASDAQ:BTDR) offers blockchain and HPC solutions. The company's crypto-mining solutions include data center design, equipment procurement, and hosting services. Bitdeer AI, part of Bitdeer Technologies Group (NASDAQ:BTDR), provides AI cloud services for developers to train and scale AI and HPC workloads through AI infrastructure supported by the NVIDIA DGX SuperPOD with H100 GPUs, DDN Storage, and InfiniBand Networks. On February 25th, Bitdeer Technologies Group (NASDAQ:BTDR) posted a drop in year-over-year (YoY) revenue for Q4 to $69 million from $114.8 million. The company's loss per share in Q4 also increased YoY to $3.22 per share from $0.05. Bitdeer's chief business officer, Matt Kong, attributed the results to limited hashrate growth as the company focused more on the development of proprietary ASIC technology. 'In terms of our energy assets, our global power capacity now exceeds 2.6 GWs, following the Foxcreek, Alberta acquisition, and over 1 GW is scheduled to be energized over the course of 2025. This puts us in an advantageous position to deploy our SEALMINER machines for self-mining and also capitalize on the significant demand for HPC and AI datacenters. We are actively working with top datacenter developers and advisors to establish long-term partnerships, which will position Bitdeer to play a significant role in addressing the shortage of reliable power for AI datacenters.' -said Matt Kong, Chief Business Officer at Bitdeer Technologies Group. Overall BTDR ranks 2nd on our list of AI stocks that investors likely missed. While we acknowledge the potential of BTDR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BTDR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
