Devart Named Top 25 Publisher in 2025 ComponentSource Awards
PRAGUE, CZECH REPUBLIC, May 28, 2025 / EINPresswire.com / -- Devart, a global provider of professional database management and connectivity tools, proudly announces it has been recognized as a Top 25 Publisher in the 2025 ComponentSource Awards, presented by the world's largest marketplace for software components and development tools.
This annual recognition is based on real-world global sales data from ComponentSource, providing a reliable snapshot of current developer preferences and software trends. Devart's long-standing partnership with ComponentSource, dating back to 2005, has helped bring its high-performance products to customers across more than 180 countries.
Founded in 1997, Devart has a long-standing mission: to empower professionals working with data and databases by helping them work faster, smarter, and with confidence. Today, Devart supports 500,000+ professionals at 40,000 companies across 140+ countries, including 65% of Fortune 100 companies.
Learn more about the award:
https://www.componentsource.com/news/2025/05/13/devart-wins-componentsource-award
About Devart
Devart is a multi-product company and a leading developer of database management software, ALM solutions, data providers for database servers, as well as data integration and backup solutions.
https://www.devart.com
About ComponentSource
ComponentSource is the world's largest marketplace for reusable software components for all platforms. The respected barometer for the component industry, ComponentSource pioneered the open market for reusable software components in 1995, and continues to drive the market through its award-winning e-business model and groundbreaking work to establish the first widely accepted reusable component standard.
http://www.componentsource.com
Jordan Sanders
Devart
email us here
Visit us on social media:
YouTube
X
Legal Disclaimer:
EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
28 minutes ago
- Yahoo
Satellite images show Russia building up its secret nuclear bases
Russia has been upgrading and modernizing several nuclear bases for its European and Pacific forces. Business Insider obtained new satellite images that show the major construction at the sites.
Yahoo
30 minutes ago
- Yahoo
Why I'm Obsessed With This AI Stock Trading at Fire Sale Prices
Written by Karen Thomas, MSc, CFA at The Motley Fool Canada Artificial intelligence, or AI, is changing the world, improving processes, efficiencies, and performance. Blackberry Inc. (TSX:BB) has been a part of this change for many years, having developed its embedded machine-to-machine connected technology to become an invaluable player in the field. Today, this AI stock is finally gearing up for sustained revenue and earnings growth. Let's take a look. In its most recent transformation, Blackberry has taken steps to improve its balance sheet, cash flows, and cost structure. These steps included splitting the company up into three divisions – QNX, secure communications, and licensing — and selling its Cylance cybersecurity business. The restructuring also included taking more than $150 million out of its cost structure and initiating a share buyback program. Blackberry's business is made up of three main segments, QNX, secure communications, and licensing. The QNX segment is the one that we hear most about and is the primary focus. Blackberry's QNX provides critical software for embedded, machine-to-machine connected systems. It's used in automotive applications, as well as medical devices, industrial controls, and robotics. The secure communications segment specializes in secure communications software for enterprises. Some of Blackberry's secure communications clients include government agencies, financial institutions, and essential service providers. It's true that many investors have grown skeptical with regard to Blackberry. But the list of reasons to like this AI stock is growing. For example, the QNX segment has grown its revenues from $178 million in 2022 to $236 million in 2025 – that's a 33% increase over this time period. And its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin stands at a healthy 25%. Also, Blackberry's QNX is in more than 250 million vehicles worldwide and it's in strong demand. In fact, QNX has more than $865 million in backlog, which will make its way to the income statement over the next few years. Backlog was $460 million in 2022. In the secure communications segment, revenue is stable, with a 19% EBITDA margin and solid cash flows. Along with revenue improvements, Blackberry is also seeing improvements to its balance sheet and cash flows. And this is what takes Blackberry stock to a new level, both in terms of returns and risk. As we can see from the company's latest quarter, Blackberry's cash flows and balance sheet have strengthened considerably. In the most recent quarter, the company's operating cash usage came in at $18 million, which is a low point. Looking to the full year, Blackberry expects operating cash flow of a positive $35 million. This compares to prior years of negative operating cash flow. As for its balance sheet, Blackberry has $410 million in cash, with no debt maturities until 2029. This has given the company flexibility to invest in organic and inorganic growth, and to buy back shares if they present a good opportunity. All of this will drive shareholder value in the short and long term. Two things will likely happen as a result of this. Firstly, Blackberry's stock will trade higher because of the earnings and cash flow lift. Secondly, the stock will likely get re-rated and investors will assign it a higher multiple. This should send the stock higher in the coming months and years. The post Why I'm Obsessed With This AI Stock Trading at Fire Sale Prices appeared first on The Motley Fool Canada. Before you buy stock in BlackBerry, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and BlackBerry wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading 10 Stocks Every Canadian Should Own in 2025 [PREMIUM PICKS] Market Volatility Toolkit A Commonsense Cash Back Credit Card We Love Fool contributor Karen Thomas has a position in Blackberry. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 2025 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
Wall Street Journal
31 minutes ago
- Wall Street Journal
The Benefit of Ebbing EVs
Helping Ukraine against a weakened Russia coincides nicely with the demise of electric vehicles, wind turbines and solar panels ('Trump Calls Out the Putin Charade,' Review and Outlook, July 9). Freed-up U.S. manufacturing capacity can go to missile systems and ammunition primarily for sale to Europe and use by Ukraine. General Motors has shown such versatility by producing tens of thousands of tanks and armored vehicles in World War II and 30,000 ventilators during the Covid pandemic. It's time to heed Rahm Emanuel's rule: You never want a serious crisis to go to waste. William J. Doyle
