Latest news with #enterprisesoftware
Yahoo
3 days ago
- Business
- Yahoo
Oracle (ORCL) Upgraded to ‘Overweight' and Price Target Raised to $270 at Piper Sandler
Oracle Corp (NYSE:ORCL) is one of the growth stocks that could double by 2027. On July 10, Piper Sandler upgraded the stock to 'Overweight' and hiked the price target to $270 from $190. The adjustments are in response to significant shifts in CIO spending priorities owing to artificial intelligence. Ken Wolter/ According to Piper Sandler, a recent CIO Survey has affirmed a significant spending backdrop for AI infrastructure, which heightens risks to the broader application category. Consequently, Oracle remains well-positioned to benefit from the new trend. 'CIOs planning a material increase in OCI spending shot up to 27% from 18%, 15%, and 4% in previous surveys,' the analysts noted. They also cited growing enterprise demand, which could 'add another layer of growth to the outsized OpenAI-Stargate opportunity.' Oracle Corp (NYSE:ORCL) is a technology company that provides a wide range of products and services for enterprise software and cloud computing. It is best known for its database software, particularly the Oracle Database, and also offers a suite of cloud applications for various business functions. While we acknowledge the potential of ORCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. 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
Yahoo
4 days ago
- Business
- Yahoo
Barclays Raises ServiceNow (NOW) Price Target, Maintains Overweight
ServiceNow, Inc. (NYSE:NOW) is one of the best SaaS stocks to buy according to analysts. Barclays analyst Raimo Lenschow has lifted the firm's price target on ServiceNow, Inc. (NYSE:NOW) to $1,200 from $1,085, maintaining an Overweight rating ahead of the company's upcoming second-quarter results. The revised target reflects improving sentiment around enterprise software demand and growing optimism tied to recent field checks. In a note to clients, Lenschow noted that while April began on a cautious note, the tone improved notably in May and June, particularly for firms with fiscal calendars aligned to the typical reporting cycle. ServiceNow, with its broad footprint across IT operations and digital workflows, is seen as well-positioned to benefit from this recovery in demand as Q2 earnings near. The company has consistently executed on product expansion, particularly in AI-driven automation and workflow orchestration, which continues to attract interest from large enterprise clients. That momentum could support not just a solid quarterly report but also the potential for management to revise guidance upward, according to Barclays. Shares of ServiceNow have outperformed many software peers in 2024, helped by consistent results and a clear roadmap tied to enterprise digitization. The price target hike suggests Barclays sees further room to run, especially if macro conditions remain stable and enterprise IT budgets continue trending upward in the second half of the year. While we acknowledge the potential of NOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Top 10 Healthcare AI Stocks to Buy According to Hedge Funds and 10 Best Industrial Automation Stocks to Buy for the Next Decade Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Zawya
5 days ago
- Business
- Zawya
IFS surges ahead in H1 2025: 30% ARR growth and breakthrough agentic AI cement industrial leadership
RELATED TOPICS EARNINGS RELATED COMPANIES Hitachi Arcelor Mittal Cellular Only Co Copperleaf Tech Japan Airlines Dubai, United Arab Emirates – IFS, the leading provider of enterprise cloud and Industrial AI software, today announced record-setting H1 2025 results. The company is rewriting the rules of enterprise software with Industrial AI that acts, learns, and delivers. In H1, IFS outpaced legacy enterprise vendors, driving double-digit growth across all key performance metrics, further validating the strength of IFS's strategy, the scalability of its model, and accelerating momentum as the category leader in Industrial AI. IFS H1 2025 Key Financial Results: Annual Recurring Revenue (ARR): +30% YoY Cloud Revenue: +37% YoY Recurring Revenue: +24% YoY (now 82% of total revenue) Unlike traditional, legacy software vendors, IFS is purpose-built for the operational core of industrial businesses, powering the real-world systems that keep the world running. Average customer deal size from new customers continued to grow significantly in the first half of the year, with 130 leading industrial brands choosing to future-proof their growth with IFS in H1, including: Arcelor Mittal, Callaway, Collins Aerospace, Hitachi Energy, Japan Airlines, TotalEnergies. In addition to continued organic growth, IFS extended its Industrial AI lead with the acquisition of TheLoops, launching the first agentic AI workforce for complex industries. Complementing this, the launch of Nexus Black, IFS's AI innovation accelerator, is already delivering bespoke, scalable solutions that traditional platforms cannot match. Together, Nexus Black and TheLoops mark a new era for enterprise software, where self-learning AI agents operate in real time inside customer environments, reducing manual effort and accelerating decisions from edge to boardroom 'Our phenomenal growth proves customers are done with AI theory. They want AI that solves real problems, at scale, and are placing their trust in IFS to lead them through the Industrial AI revolution,' said Mark Moffat, CEO of IFS. 'The connection between our performance and AI innovation is unmistakable. As demand intensifies, IFS stands apart, thanks to our domain depth, contextual intelligence, and unwavering focus on industry.' Matthias Heiden, CFO of IFS commented: 'Our fiscal performance reflects the fast-growth, differentiated Industrial AI leader that IFS has become, with a disciplined financial model rooted in recurring revenue, resilient operations, and scale-ready agility. These same principles are built into our solutions to empower our customers to drive long-term value. With this strong foundation, we're not just growing, we're redefining what's possible for industrial enterprises.' Demand for AI-powered solutions from prior acquisitions – Copperleaf, Poka, Ultimo, P2 and EmpowerMX – remains strong and continues to contribute meaningfully to IFS's growth. IFS's thriving global network of strategic partners also played a key role in enabling continued scaling and deal size growth. H1 Highlights: AI and Innovation Launched Nexus Black: bespoke accelerator for industrial-grade scalability and security Acquired TheLoops: first agentic AI workforce for mission-critical industries Released IFS Cloud 25R1: made 200+ AI-driven capabilities Market Momentum and Recognition EUR 15 billion valuation amid soaring Industrial AI demand Only company named Customers' Choice in the 2025 Gartner Peer Insights Voice of the Customer for EAM report IFS ranked #1 for EAM for fourth consecutive year, Gartner Market Share: Enterprise Software, Worldwide, 2024 report Named a Leader in two IDC MarketScape 2024-2025 Vendor Assessments in two IDC MarketScape 2024-2025 Vendor Assessments IFS appointed Advisor to UK Parliamentary Group on AI -Ends- About IFS IFS is the world's leading provider of Industrial AI and enterprise software for hardcore businesses that service, power and protect our planet. Our technology enables businesses which manufacture goods, maintain complex assets, and manage service-focused operations to unlock the transformative power of Industrial AI™ to enhance productivity, efficiency, and sustainability. IFS Cloud is a fully composable AI-powered platform, designed for ultimate flexibility and adaptability to our customers' specific requirements and business evolution. It spans the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), and Field Service Management (FSM). IFS technology leverages AI, machine learning, real-time data and analytics to empower our customers to make informed strategic decisions and excel at their Moment of Service™. IFS was founded in 1983 by five university friends who pitched a tent outside our first customer's site to ensure they would be available 24/7 and the needs of the customer would come first. Since then, IFS has grown into a global leader with over 7,000 employees in 80 countries. Driven by those foundational values of agility, customer-centricity, and trust, IFS is recognized worldwide for delivering value and supporting strategic transformations. We are the most recommended supplier in our sector. Visit to learn why. IFS Press Contacts: EUROPE / MEA / APJ: Adam Gillbe IFS, Director of Corporate & Executive Communications Email: NORTH AMERICA / LATAM: Mairi Morgan IFS, Director of Corporate & Executive Communications Email:
Globe and Mail
6 days ago
- Business
- Globe and Mail
Veeva vs. Salesforce: Which Life Sciences CRM Stock Is the Better Buy?
A significant shift is underway in the enterprise software landscape, particularly within the life sciences customer relationship management (CRM) market. Veeva Systems VEEV, a long-time partner of Salesforce CRM, has announced it will end its reliance on Salesforce's cloud infrastructure by September 2025. This strategic decision marks the beginning of Veeva's transition to its proprietary Vault platform, signaling a decisive move toward platform independence and deeper industry specialization. The split sets up a compelling faceoff between two companies now heading down very different paths. Veeva is sharpening its focus on life sciences by building vertically integrated solutions tailored to the sector's needs. At the same time, Salesforce is making a deliberate push into life sciences with its own purpose-built CRM offering. Both companies are accelerating investments in AI and product innovation, but their visions for capturing long-term growth are rapidly diverging. For investors, the key question is which company offers the stronger roadmap in this evolving market. Price Performance & Valuation of VEEV & CRM Shares of Veeva have gained 35.7%, while CRM stock has plunged 21.1% in the year-to-date period. From a valuation standpoint, CRM looks slightly more attractive than VEEV. According to the price-to-book ratio, Salesforce's shares currently trade at 4.15X, which is lower than Veeva's 7.50X. Platform Control & Industry Focus: Who Owns the Vertical? Veeva has long differentiated itself by serving a single industry—life sciences—with laser focus. That specialization is now reaching a new level as the company prepares to fully shift its CRM operations from Salesforce's infrastructure to its own Vault platform by September 2025. This move is more than just a tech transition. It gives Veeva full control over its software stack, allowing it to tailor features, optimize performance, and potentially expand margins without depending on a third-party host. More importantly, it strengthens Veeva's position as a vertically integrated player with deep regulatory and workflow understanding, something horizontal platforms often struggle to replicate in niche markets. Salesforce, meanwhile, brings the power of a highly adaptable and proven CRM infrastructure that serves thousands of enterprise customers across industries. Its recent push into life sciences through the introduction of a dedicated Life Sciences Cloud reflects a strategic intent to expand within this high-value vertical. While its approach is broader by design, Salesforce benefits from scale, flexibility, and a robust ecosystem that supports rapid customization through its platform tools. With the partnership ending, Salesforce now has the freedom to compete directly in life sciences CRM, and its entry could accelerate innovation and choice in the market without being constrained by a single client relationship. AI & Product Innovation: Whose Tech Vision Leads? Veeva is taking a focused approach to AI by building capabilities directly into its Vault platform. In April 2025, it launched Veeva AI, which integrates LLM agents and shortcuts across clinical, regulatory, and commercial apps. Features like Vault CRM Bot, Voice Control, and MLR Bot are set to roll out by late 2025, automating tasks such as pre-call planning and content compliance. Veeva also released the Direct Data API to enable faster, secure access to Vault data, supporting integrations with platforms like Snowflake and Databricks. These innovations are already gaining traction, with over 80 Vault CRM deployments and a goal of exceeding 200 by fiscal 2026. Salesforce is advancing AI at scale through Agentforce, a platform of prebuilt AI assistants embedded across its suite. Within 90 days of launch, Agentforce reached 3,000 paying customers and crossed $100 million in ARR. It connects with Tableau, MuleSoft, and Data Cloud to unify workflows and supports the Life Sciences Cloud Partner Network, which includes integrations with H1, ComplianceQuest, Box, and others. The company has also brought on AI-focused board members and continues to emphasize responsible adoption, aiming to augment human roles rather than replace them. The Road Ahead: Who's Better Positioned for CRM Leadership in Life Sciences? Veeva is focused on finalizing its shift to the Vault platform, aiming to boost margins and accelerate innovation with full control over its tech stack. Its AI roadmap, including tools like Vault CRM Bot and Voice Control, is designed to enhance productivity and compliance for life sciences users. With strong early adoption of Vault CRM and expanding enterprise relationships, Veeva is positioning itself as the go-to vertical platform for the sector. Salesforce is pursuing growth through its broad platform and expanding presence in life sciences via its dedicated cloud and AI-led offerings. Backed by a strong ecosystem and new integrations with healthcare partners, Salesforce is embedding Agentforce AI across its products. Its scale, flexibility, and ability to serve complex enterprise needs provide a strong foundation as it targets more specialized verticals like life sciences. How Do Zacks Estimates Compare for VEEV & CRM? The Zacks Consensus Estimate for VEEV's fiscal 2026 sales implies a year-over-year growth of 12.78%. For fiscal 2026, the earnings per share are projected to be $7.64, up 15.76% year over year. The earnings estimates have been trending upward over the past 60 days. The Zacks Consensus Estimate for CRM's fiscal 2026 sales and earnings implies year-over-year growth of 8.64% and 10.78%, respectively. The earnings estimates have been trending upward over the past 60 days. VEEV or CRM: Which Is the Smarter Buy? Veeva and Salesforce represent two powerful but contrasting approaches to the life sciences CRM market—one focused on deep vertical integration, the other leveraging broad enterprise reach. Veeva currently holds a Zacks Rank #2 (Buy), reflecting positive sentiment and growing confidence in its post-Salesforce roadmap. Its Growth Score of 'A' highlights strong potential in revenue acceleration, margin expansion, and product adoption. Salesforce, meanwhile, carries a Zacks Rank #3 (Hold) but also maintains a Growth Score of 'A', supported by its scale, product breadth, and AI-led innovation strategy. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Both companies are positioned for long-term relevance, but Veeva's focused strategy, platform control, and growing traction in life sciences give it the edge for investors seeking targeted exposure in this vertical. Salesforce remains a strong contender with scale and innovation, yet Veeva's clarity and execution make it the more compelling pick in this CRM faceoff. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> 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 Veeva Systems Inc. (VEEV): Free Stock Analysis Report
Yahoo
6 days ago
- Business
- Yahoo
IFS Surges Ahead in H1 2025: 30% ARR Growth and Breakthrough Agentic AI Cement Industrial Leadership
Compelling industrial AI use cases, strong execution and AI-driven demand fuel global growth LONDON, July 23, 2025 /PRNewswire/ -- IFS, the leading provider of enterprise cloud and Industrial AI software, today announced record-setting H1 2025 results. The company is rewriting the rules of enterprise software with Industrial AI that acts, learns, and delivers. In H1, IFS outpaced legacy enterprise vendors, driving double-digit growth across all key performance metrics, further validating the strength of IFS's strategy, the scalability of its model, and accelerating momentum as the category leader in Industrial AI. IFS H1 2025 Key Financial Results: Annual Recurring Revenue (ARR): +30% YoY Cloud Revenue: +37% YoY Recurring Revenue: +24% YoY (now 82% of total revenue) Unlike traditional, legacy software vendors, IFS is purpose-built for the operational core of industrial businesses, powering the real-world systems that keep the world running. Average customer deal size from new customers continued to grow significantly in the first half of the year, with 130 leading industrial brands choosing to future-proof their growth with IFS in H1, including: Arcelor Mittal, Callaway, Collins Aerospace, Hitachi Energy, Japan Airlines, TotalEnergies. In addition to continued organic growth, IFS extended its Industrial AI lead with the acquisition of TheLoops, launching the first agentic AI workforce for complex industries. Complementing this, the launch of Nexus Black, IFS's AI innovation accelerator, is already delivering bespoke, scalable solutions that traditional platforms cannot match. Together, Nexus Black and TheLoops mark a new era for enterprise software, where self-learning AI agents operate in real time inside customer environments, reducing manual effort and accelerating decisions from edge to boardroom. "Our phenomenal growth proves customers are done with AI theory. They want AI that solves real problems, at scale, and are placing their trust in IFS to lead them through the Industrial AI revolution," said Mark Moffat, CEO of IFS. "The connection between our performance and AI innovation is unmistakable. As demand intensifies, IFS stands apart, thanks to our domain depth, contextual intelligence, and unwavering focus on industry." Matthias Heiden, CFO of IFS commented: "Our fiscal performance reflects the fast-growth, differentiated Industrial AI leader that IFS has become, with a disciplined financial model rooted in recurring revenue, resilient operations, and scale-ready agility. These same principles are built into our solutions to empower our customers to drive long-term value. With this strong foundation, we're not just growing, we're redefining what's possible for industrial enterprises." Demand for AI-powered solutions from prior acquisitions – Copperleaf, Poka, Ultimo, P2 and EmpowerMX – remains strong and continues to contribute meaningfully to IFS's growth. IFS's thriving global network of strategic partners also played a key role in enabling continued scaling and deal size growth. H1 Highlights: AI and Innovation Launched Nexus Black: bespoke accelerator for industrial-grade scalability and security Acquired TheLoops: first agentic AI workforce for mission-critical industries Released IFS Cloud 25R1: made 200+ AI-driven capabilities Market Momentum and Recognition EUR 15 billion valuation amid soaring Industrial AI demand Only company named Customers' Choice in the 2025 Gartner Peer Insights Voice of the Customer for EAM report IFS ranked #1 for EAM for fourth consecutive year, Gartner Market Share: Enterprise Software, Worldwide, 2024 report Named a Leader in two IDC MarketScape 2024-2025 Vendor Assessments in two IDC MarketScape 2024-2025 Vendor Assessments IFS appointed Advisor to UK Parliamentary Group on AI IFS Press Contacts:EUROPE / MEA / APJ: Adam GillbeIFS, Director of Corporate & Executive CommunicationsEmail: NORTH AMERICA / LATAM: Mairi MorganIFS, Director of Corporate & Executive CommunicationsEmail: This information was brought to you by Cision The following files are available for download: IFS Image H1-2025-Earnings-Web 07 25-01 1 View original content: SOURCE IFS
