Latest news with #cloudnative
Yahoo
an hour ago
- Business
- Yahoo
Dell Medical School Taps Rackspace for Industry-Disrupting Cloud Strategy: Building an Academic Medical Center Without Traditional Data Centers
Austin medical school becomes first to go fully cloud-native with Rackspace's managed services, transforming healthcare IT infrastructure model Dell Medical School SAN ANTONIO, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced it has partnered with Dell Medical School at The University of Texas at Austin (Dell Med) as a strategic IT infrastructure provider, hosting and managing healthcare related data center needs, including managing its Epic® Electronic Health Record (EHR) and adjacent workloads. The strategic partnership will be part of the transformative journey to establish Dell Med as the anchor of a world-class academic medical center serving Central Texas and beyond. As part of its digital transformation, Dell Med selected Rackspace as a strategic partner to deliver a fully managed service model for the institution's hosted data center and Epic deployment. This partnership lays the foundation for Epic to serve as the medical center's comprehensive EHR platform across all future clinics and hospitals. "Partnering with Rackspace for our hosted data center needs is crucial to our continued success, and the Epic deployment will be one of the first big steps in our joint journey forward," said Michael Ryan, CIO and Chief Administrative Officer at Dell Med. "The Rackspace team will not only provide primary hosting for our Epic deployment and other application workloads but also a fully managed service model that ensures a seamless transition and operational excellence." The partnership highlights a joint commitment to pursuing transformative initiatives that enhance healthcare service delivery, medical education and research. Leveraging Rackspace's infrastructure and expertise in Epic deployments, Dell Med aims to revolutionize healthcare access and delivery, significantly advancing patient care standards. "Transformative solutions like ours can significantly improve operational efficiencies, and we are proud to work alongside such a prestigious organization," said Harjott Atrii, Senior Vice President and Chief Revenue Officer for Private Cloud, Rackspace Technology. "We recognize the importance of being a trusted partner in healthcare technology, and our experience in delivering critical capabilities positions us to effectively support Dell Med's mission, demonstrating how advanced cloud solutions can redefine Healthcare IT." Future PlansAs part of its long-term digital strategy, Dell Med plans to build a new academic medical center without a traditional physical data center. Rackspace will host and manage critical components of the system's digital infrastructure, including Epic and other clinical workloads, through secure, compliant cloud services designed with redundancy to support patient safety, regulatory standards and system resilience. About Rackspace Technology Rackspace Technology is a leading end-to-end hybrid cloud and AI solutions company. We can design, build, and operate our customers' cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products, and adopt innovative technologies. Media Contact: Cheryl Amerinepublicrelations@ A photo accompanying this announcement is available at: 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
Gulf Business
05-08-2025
- Business
- Gulf Business
Huawei Cloud powers Saudi digital transformation with 2025 Developer Conference
The conference brought together developers, entrepreneurs, and startup leaders from across the Kingdom, providing a platform to showcase Huawei Cloud's growing suite of AI-powered and cloud-native development tools. Designed to strengthen the country's digital infrastructure and build a more empowered developer ecosystem, the event demonstrated how global technology players are increasingly aligning with Saudi Arabia's fast-evolving digital economy. A central focus of the conference was on equipping local developers with specialised training, advanced tools, and globally recognised certifications. Attendees were introduced to Huawei's flagship initiatives such as the Huawei Cloud Developer Program (HCDP), the Huawei Cloud Startup Program, and the Huawei Cloud Certified Developer for AI (HCCDX). These programmes provide a comprehensive ecosystem of support—blending technical training with business mentorship and international credentials—to help Saudi developers scale innovative solutions and build competitive careers. Reaffirming its long-term commitment to the Kingdom, Huawei revealed plans to expand its cloud services from over 90 currently available offerings to more than 200, supported by three Availability Zones in the Riyadh Region. The company has also secured the prestigious 'Class C' certification from Saudi Arabia's Communications, Space & Technology Commission (CST), the highest classification for cloud platforms in the country. This certification confirms Huawei Cloud's adherence to stringent local and international standards on security, performance, and reliability. Read: The event also featured several demonstrations of Huawei's latest AI and software infrastructure. One of the standout innovations was ModelArts, the company's advanced AI development platform that dramatically reduces the time needed to deploy AI solutions—from months to just days. Built on high-performance AI cloud servers, ModelArts is already supporting a range of applications in smart cities, digital humans, and smart universities, positioning Huawei at the forefront of real-world AI deployment in the region. Additionally, Huawei presented CodeArts, its unified DevSecOps platform, which allows development teams to securely build, test, and deploy applications directly in the cloud. Supporting more than 20 programming languages and offering extensive code scanning and integration features, CodeArts is designed to streamline cloud migration and deliver a secure, modern development experience for enterprises and startups alike. Real-world case studies shared at the event further underlined the impact of Huawei Cloud's presence in Saudi Arabia. Partners including Systems Arabia, FanRuan, and NAS Solutions highlighted how Huawei's AI-powered cloud tools helped them accelerate innovation, scale operations, and bring new digital solutions to market. Huawei Cloud's continued investment in infrastructure, training, and partner enablement underscores its strategic role in supporting Saudi Arabia's ambition to become a leading digital economy. The 2025 Developer Conference represents another step forward in building a vibrant local innovation ecosystem—one where developers are not only empowered with the latest technology, but also actively shaping the Kingdom's digital future.
Associated Press
05-08-2025
- Business
- Associated Press
Tecnotree Reports Continued Positive Free Cash Flow and Expansion in Europe in H1 2025
ESPOO, Finland--(BUSINESS WIRE)--Aug 5, 2025-- Tecnotree, a global leader in digital platforms for AI, 5G, and cloud-native technologies for the telecommunications industry, today announced its financial results for the first half of 2025. The company demonstrated strong operational discipline, improved profitability, and sustained growth despite currency headwinds, while expanding its footprint in mature markets, particularly Europe. This press release features multimedia. View the full release here: Tecnotree Reports Continued Positive Free Cash Flow and Expansion in Europe in H1 2025 First Half (January – June 2025) Key Achievements: CEO Statement: Padma Ravichander, CEO of Tecnotree, stated: 'Our H1 2025 results highlight the strength of our operational discipline and strategic focus. Achieving positive free cash flow for the fifth consecutive quarter, while expanding our footprint in mature markets, reinforces our confidence in Tecnotree's growth trajectory. We remain committed to delivering innovative, AI-driven solutions that enable our customers' digital transformations and unlock new revenue streams. I am proud of partners and our teams for driving this success and look forward to continued momentum for the remainder of the year.' About Tecnotree Tecnotree is a 5G-ready digital Business Support System (BSS) leader delivering AI/ML-enabled, cloud-native, and multi-cloud extensible solutions for telecommunications. With 59 TM Forum Open API certifications, Tecnotree provides agile order-to-cash and subscription management platforms, along with fintech and B2B2X multi-experience digital marketplaces via Tecnotree Moments. The company is listed on the Helsinki Nasdaq (TEM1V). View source version on CONTACT: Further Information: Prianca Ravichander, CMO Email:[email protected] KEYWORD: FINLAND EUROPE INDUSTRY KEYWORD: MOBILE/WIRELESS TECHNOLOGY FINTECH 5G TELECOMMUNICATIONS PROFESSIONAL SERVICES SOFTWARE NETWORKS DATA MANAGEMENT ARTIFICIAL INTELLIGENCE SOURCE: Tecnotree Copyright Business Wire 2025. PUB: 08/05/2025 05:03 AM/DISC: 08/05/2025 05:03 AM
National Post
05-08-2025
- Business
- National Post
Tecnotree Reports Continued Positive Free Cash Flow and Expansion in Europe in H1 2025
Article content ESPOO, Finland — Tecnotree, a global leader in digital platforms for AI, 5G, and cloud-native technologies for the telecommunications industry, today announced its financial results for the first half of 2025. The company demonstrated strong operational discipline, improved profitability, and sustained growth despite currency headwinds, while expanding its footprint in mature markets, particularly Europe. Article content Article content First Half (January – June 2025) Article content Net sales of EUR 34.2 million (EUR 34.9 million), down 2.1% year-on-year; in constant currency, EUR 35.9 million, up 2.7% year-on-year. Operating result of EUR 9.6 million (EUR 8.0 million), up 20.6% year-on-year. Operating margin improved to 28.0% (22.8%), up 520 bps year-on-year Foreign exchange losses increased to EUR 4.0 million (EUR 2.5 million). Net result EUR 2.6 million (EUR 3.7 million), down 30.0% year-on-year. Gross cash flow from operations EUR 10.5 million (EUR 7.3 million). Positive free cash flow of EUR 2.1 million (negative EUR 3.9 million). Earnings per share stable at EUR 0.2 (EUR 0.2). Order book at the end of the period EUR 105.7 million (EUR 72.6 million), up 45.5% year-on-year. Article content Key Achievements: Article content New Customer Acquisitions: Expanded the global footprint by signing multiple new customers across Europe, South Africa, and mature markets including the UK, reflecting growing demand for Tecnotree's AI-powered digital platforms. Digital Stack Deliveries: Successfully completed 10 critical digital transformation deliveries for leading CSPs, along with a total of 695 features, advancing deployments in Mobile Virtual Network Operators (MVNOs) and Mobile Virtual Network Enablers (MVNX) segments, with our cloud native BSS stack. Product Innovation and Feature Enrichment: Continued to enhance product capabilities with new features introduced on Tecnotree Moments and Tecnotree Sensa platforms, strengthening AI/ML-powered customer value management, campaign-as-a-service, and multi-cloud capabilities. Analyst Recognitions: Six strategic Gartner reports in 2025, reinforcing our relevance and leadership across critical CSP capabilities: Hype Cycle for Enterprise Communication Services, 2025 Hype Cycle for Operations and Automation in the Communications Industry 2025 Market Guide for CSP Revenue Management & Monetization Solutions Market Guide for CSP B2B Digital Marketplace Solutions Market Guide for CSP Customer Management & Experience Solutions Hype Cycle for Customer Experience and Monetization In the Communication Industry, 2025 Industry Awards: Tecnotree was named Telecom Vendor of the Year at the Asian Telecom Awards 2025 for our GenAI-powered CVM and Marketing Transformation suite with Emtel, acknowledging our innovation and impact across Asia. Additionally, Tecnotree has been nominated in five categories at the TM Forum Excellence Awards 2025, including as a finalist for Excellence in ODA Implementation highlighting excellence in B2B2C monetization and Open Digital Architecture (ODA) implementations. Strategic Partnerships: Strengthened alliances with global System Integrators such as HCL Tech and Accenture, accelerating expansion into mature telecom markets. Collaborations with hyper-scalers like Microsoft Azure continue to enhance Tecnotree's cloud-native readiness and market reach. Market Expansion & Order Book Growth: The order book reached a record EUR 105.7 million, driven by new large-scale projects primarily in the UK, Europe, and South Africa, with delivery milestones weighted towards the second half of 2025 and beyond. Article content CEO Statement: Article content Padma Ravichander, CEO of Tecnotree, stated: 'Our H1 2025 results highlight the strength of our operational discipline and strategic focus. Achieving positive free cash flow for the fifth consecutive quarter, while expanding our footprint in mature markets, reinforces our confidence in Tecnotree's growth trajectory. We remain committed to delivering innovative, AI-driven solutions that enable our customers' digital transformations and unlock new revenue streams. I am proud of partners and our teams for driving this success and look forward to continued momentum for the remainder of the year.' Article content Tecnotree is a 5G-ready digital Business Support System (BSS) leader delivering AI/ML-enabled, cloud-native, and multi-cloud extensible solutions for telecommunications. With 59 TM Forum Open API certifications, Tecnotree provides agile order-to-cash and subscription management platforms, along with fintech and B2B2X multi-experience digital marketplaces via Tecnotree Moments. The company is listed on the Helsinki Nasdaq (TEM1V). Article content Article content Article content Article content Article content
Zawya
31-07-2025
- Business
- Zawya
WSO2 strengthens support for digitalisation of government, finance, and aviation sectors in Middle East with three new partner onboardings
Dubai, United Arab Emirates – On the sidelines of its exclusive WSO2Con Asia event for key customers in the Middle East, including a major sovereign wealth fund, a leading financial institution in the GCC and public sector institutions, WSO2 has announced the signing of three strategic channel partnerships. The agreements with United Delta Systems, Mass Data Technologies, and Vismaya Technologies mark a major step forward in the company's regional expansion, significantly enhancing its reach and service capabilities across the UAE, Saudi Arabia, Qatar, and Oman. The agreements were signed by Devaka Randeniya, Chief Revenue Officer at WSO2, in the presence of the company's General Manager for the Middle East, Uday Shankar Kizhepat, who said, 'WSO2's open-source, cloud-native platform is enabling some of the region's most ambitious digital transformation initiatives. As governments and financial institutions embrace cloud, AI and data modernisation, they're also under pressure to safeguard critical infrastructure. Our technology, and the strong regional partners we're aligning with, are ideally placed to help customers strike the right balance between innovation and resilience.' The new partners bring deep vertical expertise and delivery strength to ensure that WSO2's full-stack capabilities in API management, identity and access management (IAM), and enterprise integration can be effectively deployed across complex digital ecosystems. The Saudi company United Delta serves a broad range of sectors, including aviation, telecom, oil & gas, banking, and government, through its offices in Riyadh, Dubai, Cairo, and the Netherlands. With a strong focus on hyperautomation, AI, integration and API management, data solutions, and smart airport systems, United Delta will work closely with WSO2 to modernize large-scale customers across the region. UAE-based Mass Data Technologies has delivered several mission-critical digital platforms for ministries, regulators, and public sector entities in the UAE. Specialising in ISO 20022-compliant payment infrastructure, real-time analytics, and citizen-facing mobile apps, the company's integration expertise will help unlock the full potential of WSO2's technology stack for public sector modernisation. Their track record in identity security and 24/7 bilingual support also brings valuable delivery continuity to customers managing sensitive workloads. With active delivery hubs in the UAE, Qatar and beyond, Vismaya Technologies brings a sharp focus on secure transformation in banking, insurance and government. The company's experience with system integration, cybersecurity and regulatory alignment will be instrumental in enabling banks to safely modernise legacy infrastructure, roll out new customer channels, and meet emerging compliance standards. Speaking on the new partnership, Muhammad Waheid, Account Executive at United Delta for Information Technology, said, 'We're proud to partner with WSO2. From the calibre of organizations at WSO2Con Asia, it's evident their platform is capable of matching the needs of the region's largest and most prestigious enterprises.' Dr. Issa Joumah, CEO of Mass Data Technologies, added, 'We've been impressed not only by WSO2's technology, but by the strength of its ecosystem and leadership in the Middle East. This partnership gives us a strategic edge in shaping the future of smart government in the UAE.' Rajesh T, Chief Growth and Strategy Officer at Vismaya Technologies, commented, 'WSO2Con Asia has been a fantastic platform to connect with forward-thinking organisations. We're excited to jointly deliver secure, scalable and regulation-ready digital experiences that support national growth agendas.' About WSO2 Founded in 2005, WSO2 is the largest independent software vendor providing open-source API management, integration, and identity and access management (IAM) to thousands of enterprises in over 90 countries. WSO2's products and platforms—including our next-gen internal developer platform, Choreo—empower organizations to leverage the full potential of artificial intelligence and APIs for securely delivering the next generation of AI-enabled digital services and applications. Our open-source, AI-driven, API-first approach frees developers and architects from vendor lock-in and enables rapid digital product creation. Recognized as leaders by industry analysts, WSO2 has more than 800 employees worldwide with offices in Australia, Brazil, Germany, India, Sri Lanka, the UAE, the UK, and the US, with over USD100M in annual recurring revenue.
