Crayon expands Google Cloud partnership to include mid-market distribution, focused on AI innovation
As a Google Cloud Distributor, Crayon is crucial in enabling its broad network of resellers and channel partners, now including those who operate in the mid-market segment. This includes providing streamlined access to Google Cloud's portfolio, offering specialized support and enablement programs, and simplifying billing and management, with a strong emphasis on accelerating the adoption of Google Cloud's leading AI capabilities.
"This expanded partnership with Google Cloud is a landmark achievement for Crayon and our partners," said Crayon CEO Melissa Mulholland. "Our strength lies in our extensive channel network, reaching hundreds of thousands of end-customers. As a Google Cloud Distributor, we can now equip our partners more effectively with the premier AI and cloud technologies from Google Cloud, enabling them to drive innovation and deliver exceptional value to their clients."
Through closer collaboration with Google Cloud, Crayon aims to make powerful AI tools and infrastructure more accessible to organizations of all sizes, helping them innovate faster and harness the full potential of AI.
"Crayon possesses a deep understanding of the channel and a vast ecosystem of partners skilled in cloud and AI solution delivery," said Kevin Ichhpurani, President, Global Partner Ecosystem at Google Cloud. "By continuing to elevate our partnership, Crayon and Google Cloud are helping companies of all types and sizes benefit from leading AI and trusted global cloud infrastructure."
This collaboration underscores both companies' commitment to fostering innovation through the channel and empowering businesses with the cloud and AI technologies needed to thrive.
CONTACT:
For more information contact: Astrid Mannion-Gibson Global Senior Communications Manager, Crayon Phone: +47 466 32 010 Email: astrid.manniongibson@crayon.com
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/crayon/r/crayon-expands-google-cloud-partnership-to-include-mid-market-distribution--focused-on-ai-innovation,c4160891
View original content:https://www.prnewswire.com/news-releases/crayon-expands-google-cloud-partnership-to-include-mid-market-distribution-focused-on-ai-innovation-302477411.html
SOURCE Crayon
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
26 minutes ago
- Yahoo
Proto Labs Inc (PRLB) Q2 2025 Earnings Call Highlights: Record Revenue and Strategic Growth ...
Revenue: $135.1 million, a company record, up 6.5% year over year in constant currencies, and up 7% sequentially. CNC Machining Revenue: Grew 20% over the prior year, with a 30% increase in the US. Injection Molding Revenue: Declined 4% year over year. 3D Printing Revenue: Down 1% year over year. Sheet Metal Revenue: Grew 9% year over year. US Revenue: Grew 12% year over year. Europe Revenue: Declined 15% in constant currencies. Non-GAAP Gross Margin: 44.8%, flat sequentially, down 90 basis points year over year. Non-GAAP Operating Expenses: Increased $2.7 million, up 6% consistent with revenue. Adjusted EBITDA: $19.7 million, or 14.6% of revenue. Non-GAAP Earnings Per Share: $0.41, above guidance range, up $0.08 sequentially, and up $0.03 year over year. Cash from Operations: $10.6 million generated during the second quarter. Share Repurchases: $3.1 million returned to shareholders. Cash and Investments: $123.2 million on balance sheet with zero debt. Q3 2025 Revenue Guidance: Expected between $130 million and $138 million, implying 6% growth year over year in constant currencies. Q3 2025 Non-GAAP EPS Guidance: Expected between $0.35 and $0.43. Warning! GuruFocus has detected 7 Warning Signs with PRLB. Release Date: July 31, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Proto Labs Inc (NYSE:PRLB) delivered record revenue of $135.1 million in the second quarter, exceeding expectations. The company saw a 44% growth in customers utilizing their combined offer over the trailing 12 months. Revenue per customer increased by 11% year over year, indicating strong customer engagement. The metal 3D Printing service in Raleigh, North Carolina received ISO 13,485 certification, enhancing credibility in the medical device manufacturing sector. Proto Labs Inc (NYSE:PRLB) continues to generate healthy cash flows, allowing for ongoing investments in growth and innovation. Negative Points Injection Molding revenue declined by 4% year over year, with noted weakness in the medical sector. 3D Printing revenue was down 1% year over year, reflecting continued weakness in prototyping. European revenue declined by 15% in constant currencies, indicating challenges in the region. Tariffs and changing trade policies created short-term margin pressures, impacting profitability. Gross margin was down 90 basis points year over year, driven by higher growth in network revenue and lower US network margins due to tariffs. Q & A Highlights Q: Can you elaborate on the strength you're seeing in CNC, particularly in terms of growth across the factory and network? A: Daniel Schumacher, CFO: We are experiencing similar growth in both the factory and the network, with a 30% CNC growth in the US driving the overall 20% growth for the company. Suresh Krishna, CEO: We've grown revenues with larger accounts due to our go-to-market reorganization, and our production teams have shown agility in responding to customer needs. Q: Is the CNC work leaning more towards production or prototyping? A: Daniel Schumacher, CFO: It is a combination of both production and prototyping. We don't provide a specific split, but both contribute to our revenue growth. Q: Can you provide more details on the Injection Molding business and the factors affecting its performance? A: Daniel Schumacher, CFO: The network is a small portion of our Injection Molding business, with most of it through the factory. We saw some larger production orders last year, particularly in automotive, which impacted year-over-year comparisons. Currently, we are seeing weakness in the medical sector, but we continue to innovate and add capabilities to drive future production growth. Q: What excites you about joining Proto Labs, and what are your initial observations? A: Suresh Krishna, CEO: I'm excited about the opportunity to reaccelerate growth. My focus is on listening to employees, customers, and partners to remove friction and identify future opportunities. I believe there is significant potential to enhance customer and employee experiences. Q: Can you explain the impact of tariffs on gross margins and how it was addressed? A: Daniel Schumacher, CFO: Tariffs impacted our US network margins, particularly on aluminum and steel. We adjusted pricing and fulfillment strategies, and by June, margins returned to normal. The impact was due to a backlog priced at different assumptions, but adjustments have since stabilized margins. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
39 minutes ago
- Yahoo
Why American Superconductor Rocketed Higher Today
Key Points American Superconductor smashed earnings expectations last night. Its technology sits in a sweet spot of artificial intelligence (AI) data center growth right now. However, the already frothy stock is now extremely frothy. 10 stocks we like better than American Superconductor › Shares of American Superconductor (NASDAQ: AMSC) rallied 27.4% on Thursday as of 12:24 p.m. ET. American Superconductor is an interesting company that sells power routing equipment and software, which enables power distributors and customers to control the flow of electrical current as it transmits electricity between the grid and power producers or end customers. Last night's earnings report shows the company is clearly benefiting from activity related to artificial intelligence (AI) data center growth. Booming revenue shows a strong data center capex cycle In its first fiscal quarter, AMSC saw revenue surge 80.9% year-over-year to $72.3 million, while adjusted non-GAAP (generally accepted accounting principles) EPS more than tripled to $0.30, with both figures handily beating analyst expectations. In the release, AMSC CEO Daniel P. McGahn noted: Strength in the semiconductor market -- driven by growing demand for applications such as artificial intelligence and data centers -- contributed to our momentum, while bookings and backlog remained steady. These results highlight our continued progress in scaling the business, diversifying revenue streams, and driving outstanding financial performance. A soft guide didn't seem to affect sentiment Even though revenue and earnings boomed last quarter, management only guided for $65 million to $70 million in revenue, and adjusted EPS of $0.14, which would be a slight sequential decline. Still, investors appear to be looking through that quarter-to-quarter lumpiness to a larger picture of AI-powered growth over the longer term. While AMSC is a very interesting company with promising technology, investors should be careful chasing AMSC stock, given that the company sells mostly hardware, and its valuation is now over 100 times this year's adjusted earnings estimates. Should you invest $1,000 in American Superconductor right now? Before you buy stock in American Superconductor, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and American Superconductor wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $638,629!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,098,838!* Now, it's worth noting Stock Advisor's total average return is 1,049% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Billy Duberstein and/or his clients have no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why American Superconductor Rocketed Higher Today was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
44 minutes ago
- Yahoo
2 Stalwart Canadian Stocks to Buy During Tariff Uncertainty
Written by Puja Tayal at The Motley Fool Canada Large tariff or low tariff? That is the question. There have been months of negotiations, but rarely has there been an outcome that is welcoming to all. Such is the state of global trade. Protectionist measures by the world's largest consumer, the United States, have made it expensive for the world to access the American market. The tariff uncertainty has made investors and companies indecisive about the road ahead and, consequently, affected stock markets worldwide. Why the tariff uncertainty? Recently, U.S. president Donald Trump negotiated a 15% across-the-board tariff with Europe and Japan, a shift from the previously 30% and 25% tariffs suggested on August 1. The two countries also promised to invest in the United States. While these negotiations were considered a win by the two countries, Trump did not negotiate on steel and aluminum imports to the United States. The next in line is Canada. Europe and Japan are not as dependent on the United States as Canada. Canada's Prime Minister Mark Carney stated that the country's geographical closeness and energy exports to the U.S. put it in a different situation. Canada has a free-trade agreement on certain goods and expects to retain that. Bombardier was a beneficiary of this agreement. Moreover, Canada has a lower tariff of 10% on oil exports. The negotiations will determine if the 20% tariff on other goods increases to 35% or is reduced. When such uncertainty exists, investors, consumers, and businesses stall their decisions. Low business and investing activity stagnates growth. At times, it creates panic among investors, who then opt for safer stocks that continue doing business or benefit from the situation. Two stalwart Canadian stocks to buy during tariff uncertainty Canadian energy stocks have the biggest exposure to exports to the United States. Whereas Canada imports several grocery items from the United States. As Canada's dependence on the U.S. exports is greater, it is only imposing counter-tariff policies on products for which it has alternatives. Loblaw's (TSX:L) second-quarter earnings reflected that. Loblaw Loblaw noted that Canadians are seeking value, quality, and service. Its food retail business saw growth in same-store traffic, basket size, and item count as the grocer focused on Hard Discount and Real Canadian Superstores banners. The grocer's pharmacy brand, Shoppers Drug Mart, saw strong growth in specialty drug and prestige beauty categories. Loblaw is expanding rapidly. It is on track to open approximately 80 new stores and 100 new pharmacy clinics this year to increase its reach to more communities across Canada. More stores will lead to more revenue. Loblaw's cyclical rally can be attributed to a shift in consumer buying trends towards discounted products. In a tough economy, Loblaw outperforms but underperforms in a growing economy as buying shifts to discretionary. Loblaw stock surged 30% between February 21 and May 30, during the first round of Trump tariffs. That was the time when the entire Toronto Stock Exchange (TSX) fell. If the tariff negotiations move in Canada's favour, Loblaw stock could remain stagnant. But if the negotiations go sideways and a higher tariff is implemented, Loblaw stock could rally as consumers may stock up on goods before the new high-tariff goods hit the shelf. Loblaw is also splitting its shares 4-for-1, effective August 18, to make them accessible to retail investors. It means you won't have to shell out over $220 to buy one share. They will be available for under $60, depending on what the share price is in August. Descartes Systems While Loblaw gives you a contrarian approach, Descartes Systems (TSX:DSG) gives you a buy-the-dip approach. At present, the stock is down 16% from its February peak when tariff uncertainty began. The supply chain solutions provider is affected by a slowdown in trade activity as companies adopt a wait-and-watch approach. A favourable negotiation could pump up trading activity as companies prepare for the holiday season. The August 1st tariff deadline has stalled Descartes's seasonal rally. Now is the time to buy the stock as the seasonal rally could increase the stock price by more than 30%. The company is well prepared to take on higher trade volumes. In conclusion Every scenario presents an opportunity. Following the money trail will tell you where to look. As long as money is not locked in vaults and is exchanging hands, there will be growth somewhere. The post 2 Stalwart Canadian Stocks to Buy During Tariff Uncertainty appeared first on The Motley Fool Canada. Just Released! 5 Stocks Under $50 (FREE REPORT) Motley Fool Canada's market-beating team has just released a brand-new FREE report revealing 5 "dirt cheap" stocks that you can buy today for under $50 a share. Our team thinks these 5 stocks are critically undervalued, but more importantly, could potentially make Canadian investors who act quickly a fortune. Don't miss out! Simply click the link below to grab your free copy and discover all 5 of these stocks now. Claim your FREE 5-stock report now! More reading 10 Stocks Every Canadian Should Own in 2025 3 Canadian Companies Powering the AI Revolution A Commonsense Cash Back Credit Card We Love The Motley Fool recommends Descartes Systems Group. The Motley Fool has a disclosure policy. Fool contributor Puja Tayal has no position in any of the stocks mentioned. 2025 Sign in to access your portfolio