Latest news with #DaaS
Business Wire
a day ago
- Business
- Business Wire
XTIUM Launches Direct Operations in Europe, Advancing Global MSP Leadership Backed by Decades of Experience
ROTTERDAM, Netherlands & NEW YORK--(BUSINESS WIRE)-- XTIUM, a next-generation Managed Services Provider (MSP) meeting the growing demands and challenges facing IT leaders, today announced the launch of its direct business operations across Europe under the XTIUM brand. Following the successful business combination of ATSG and Evolve IP earlier this year, the company is expanding its comprehensive suite of managed IT services to direct customers throughout the EMEA region. "By establishing direct operations in Europe, we're delivering on our promise to provide integrated, security-first managed services that enable organizations to focus on innovation and growth, regardless of their geographic location." Share The European expansion marks a significant milestone in XTIUM's global growth strategy, establishing Rotterdam as the company's EMEA headquarters. It enables direct customers across the Netherlands, Belgium, Germany, the UK, and other European markets to access XTIUM's full portfolio of advanced IT services, extending beyond traditional cloud communications. Transforming from Communications Provider to Global MSP With roots dating back to the founding of Mtel in Rotterdam in 1999 and its acquisition by Evolve IP in 2017, XTIUM's European presence is built on decades of trusted customer relationships and technical excellence. Today's launch evolves that foundation into a unified, full-stack MSP experience. European customers who previously received unified communications and contact center services from Evolve IP will now benefit from XTIUM's expanded service portfolio, which includes cybersecurity solutions and Desktop as a Service (DaaS), launching in 2025. This will be followed by Gartner-recognized network management services and managed help desk solutions in 2026. 'This demonstrates our commitment to serving multinational enterprise customers as a truly global MSP,' said Russ Reeder, President & CEO of XTIUM. 'By establishing direct operations in Europe, we're delivering on our promise to provide integrated, security-first managed services that enable organizations to focus on innovation and growth, regardless of their geographic location.' Meeting Growing Demand for Integrated IT Services Leon Schuurmans, Managing Director of XTIUM EMEA, will lead the European operations from the Rotterdam headquarters, which houses 35 dedicated professionals, today already serving over 100 direct customers ranging from 100 to 3,500 employees across key verticals, including healthcare, financial services, retail, and business services. 'Research shows that customers want a single provider for all of their services,' said Leon Schuurmans. 'What we see is that communication services and IT services are becoming more and more integrated, and we are now able to facilitate those complete requirements. This evolution from a communications provider to a comprehensive MSP allows us to deliver the unified technology solutions our European customers need to stay competitive.' Strengthening Global MSP Leadership With over $230 million in combined revenue and serving more than 950,000 end-users across 1,700 global customers, XTIUM's European expansion reinforces its position as one of the largest privately-owned global MSPs. The company's EMEA team, comprising approximately 70 professionals, will be strategically divided between dedicated XTIUM direct services and shared support functions, ensuring specialized expertise for each business line. For existing direct customers in Europe, services, pricing, and support remain unchanged, with expanded IT service capabilities scheduled to roll out throughout 2025 and 2026. With decades of combined expertise and operations across North America, Europe, and Asia, XTIUM continues to lead the next generation of managed IT services, blending global scale with local delivery. For more information, visit About XTIUM XTIUM, formed through the combination of ATSG and Evolve IP, provides a modern, security-first approach to the managed IT services experience. Leveraging AI innovations, enterprise-grade cybersecurity, virtual desktops, unified communications, and more, XTIUM serves as a trusted partner to help businesses mitigate risk, enhance operational efficiency, and scale with confidence. For more information, visit or connect on LinkedIn. All trademarks recognized.
Yahoo
5 days ago
- Business
- Yahoo
WidePoint vs. CSG Systems: Which Tech Stock Has the Edge Now?
Despite operating in distinct corners of the technology landscape, WidePoint Corporation WYY and CSG Systems International, Inc. CSGS are both capitalizing on digital transformation tailwinds that are reshaping enterprise and government IT priorities. WidePoint is leveraging its federal IT credentials and secure telecom management expertise to expand its role within defense and homeland security agencies. Meanwhile, CSG Systems is evolving from a legacy telecom billing provider into a diversified SaaS platform player with a growing presence in fintech, healthcare and global demand for digital identity management and engagement platforms has created strong growth opportunities for both companies. WidePoint's focus on federal contract execution, including its FedRAMP-authorized ITMS platform and Device-as-a-Service (DaaS) solutions, positions it to benefit from elevated public sector cybersecurity and mobility needs. At the same time, CSG's integrated SaaS offerings are winning high-margin deals across new verticals, helping it diversify and expand its for investors, the question remains: Which of these tech stocks is more attractive? Let's dive deeper into their respective strengths, challenges, and positioning to evaluate their upside potential. WidePoint is a government IT solutions provider with deep roots in mobile telecom lifecycle management, secure identity management, and digital credentialing. It serves critical federal agencies, including the Department of Homeland Security and the Department of Defense, through long-term company recently reached a key milestone with FedRAMP authorization for its Intelligent Technology Management System (ITMS), a move that dramatically increases visibility among federal agencies and primes WYY for deeper market has secured three task orders under Spiral 4 and expects a surge in new awards as Spiral 3 sunsets. The company is also making strategic investments in a DaaS model, smart city initiatives with public-private partners, and even global digital identity pilots. Its partnership ecosystem is expanding, and management is deploying capital into infrastructure and sales hiring to support WidePoint faces headwinds. Revenue growth remains lumpy, especially given the nature of government contracts and delays in procurement cycles. An out-of-period accounting adjustment in the first quarter of 2025 (linked to prior revenue recognition errors) trimmed top-line results and raised questions about controls. CSG Systems is a mature, diversified SaaS operator that has successfully expanded well beyond its telecom roots. While it continues to serve major clients like Comcast and Charter, CSG Systems derives over one-third of its revenues from fast-growing verticals such as financial services, healthcare and transportation. Recent wins with JPMorgan Chase, PLDT, and the North Texas Tollway Authority underscore its growing relevance across industries that aim to modernize customer engagement, billing and monetization systems. The company is committed to a capital-light model. It has reduced working capital requirements, is consolidating infrastructure, and is actively pursuing high-margin, tuck-in acquisitions to strengthen its SaaS platform. CSG Systems' long-term operating margin target of 18–20%, backed by cost discipline and a growing base of recurring, high-margin SaaS revenues, underlines its transformation into a leaner and profitable CSG Systems is highly disciplined. The company returned $32 million to shareholders in the first quarter of 2025 through dividends and share repurchases and has committed to returning over $100 million in 2025. With more than 90% revenue visibility, modest capex needs and a stable balance sheet, CSG Systems is in a strong position to pursue tuck-in acquisitions that enhance its platform without straining financial resources. Its consistent cash generation and shareholder-friendly capital allocation stand out. Nonetheless, CSG faces moderate challenges. Despite diversifying, macro headwinds in telecom could delay deal cycles. Some contracts, like Comcast's six-year renewal, include near-term pricing concessions, which may limit growth in that segment. The Zacks Consensus Estimate for WidePoint's 2025 sales and earnings per share (EPS) suggests year-over-year increases of 10.5% and 33.3%, respectively. In the past 30 days, earnings estimates for 2025 have remained unchanged. For WYY Image Source: Zacks Investment Research The Zacks Consensus Estimate for CSG Systems' 2025 sales and EPS suggests year-over-year increases of 6% and 1.1%, respectively. In the past 60 days, earnings estimates for 2025 have increased by 1.7%. For CSGS Image Source: Zacks Investment Research WidePoint stock has declined 5.7% in the past year, underperforming its industry and the S&P 500 rise of 6.6% and 10.8%, respectively. Meanwhile, CSG Systems shares have gained 55.5% in the same time. WYY & CSGS Stock 1 Year Price Performance Image Source: Zacks Investment Research WidePoint is trading at a forward 12-month price-to-sales (P/S) ratio of 0.20X, below the industry average of 1.77X over the last year. CSGS' forward 12-month P/S multiple sits at 1.56X, over the same time frame. Image Source: Zacks Investment Research Both WidePoint and CSG Systems are benefiting from the accelerating shift toward digital transformation, with tailored strategies to meet the evolving demands of government and enterprise clients. WidePoint stands out for its niche focus in federal IT services, bolstered by FedRAMP certification, deep agency relationships, and expanding contract opportunities under Spiral 4. However, its smaller scale, revenue lumpiness, and recent accounting adjustments introduce volatility that may challenge near-term investor Systems, by contrast, brings a more diversified and scalable SaaS model to the table, with a strong presence across telecom, financial services, and healthcare. The company's disciplined capital allocation, high-margin recurring revenue, and expanding footprint in non-telecom verticals support its transformation into a lean, high-performing by steadier earnings momentum, stronger analyst sentiment, and clear outperformance in share price over the past year, CSG Systems holds the edge as the more compelling investment choice. With a Zacks Rank #3 (Hold) compared with WidePoint's Zacks Rank #4 (Sell), CSGS appears better positioned to deliver shareholder value in the current environment. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 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 WidePoint Corporation (WYY) : Free Stock Analysis Report CSG Systems International, Inc. (CSGS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
6 days ago
- Business
- Yahoo
RepRisk boosts agentic AI delivery to power data integration
RepRisk adds 30 new team members to further innovate agentic AI delivery and data integration, building on two decades of AI innovation and human-labeled data ZURICH, Switzerland , June 25, 2025 /PRNewswire/ -- Today, RepRisk, the world's most respected DaaS company for reputational risks and responsible business conduct, announced its plans to hire 30 full-time employees to build out its next-generation agentic delivery capabilities and accelerate advanced data integration. 23 new hires take on AI and connected-LLM expert roles with most positions based at RepRisk's Zurich headquarters and several located in the Berlin office, forming a dedicated agentic products team. To satisfy client demand for enterprise-wide data integration, 7 of the 30 new full-time employees will strengthen the key account management and data delivery and integration teams. By scaling two decades of human expertise with AI, and orchestrating data creation and delivery via AI agents, RepRisk empowers clients to access broader risk insights without compromising on accuracy, enabling novel ways to consume, enrich, and integrate its data. "To serve our clients the way they wish – delivering our highly accurate, human-labeled data flexibly, seamlessly, and at scale – we are growing our team, continuing our path as an AI pioneer, and expanding the deployment of AI agents," commented Yani Kalafatis, Chief Technology Officer at RepRisk. He continued, "As one of Microsoft's Frontier Firms at the forefront of AI agent innovation, we are proud to help shape the paradigm shift from traditional bulk data licensing and static APIs to intelligent, context-aware, and goal-driven interactions between data products and enterprise systems." "Building on our proven AI technology and connected agents, we are continuing our investment in AI to lead the way in agentic orchestration and delivery – unlocking new, transformative approaches to enterprise-wide data integration for our clients," commented Philipp Aeby, CEO and Co-founder at RepRisk. He continued, "Agentic delivery is the next step in empowering financial institutions and decision-makers to apply RepRisk's global standard for business conduct data – anytime, anywhere, and in ways that drive lasting value and impact." Notes to editors Underpinned by a two-decade heritage and consistent methodology, RepRisk uniquely combines advanced AI with deep human expertise to empower the global finance community with trusted risk insights. Known for its relevant coverage, unparalleled accuracy, and speed, RepRisk's high-quality data enables more than 90 of the world's major banks, 80% of the top investment managers, and 14 of the top 20 private equity firms to make better-informed decisions – driving growth and preserving long-term value. RepRisk offers the largest and most comprehensive dataset, covering 100+ risk factors across 350,000+ entities globally (public and private companies, and related projects), and takes an objective, rules-based 'outside-in' approach – irrespective of information published by companies. Every day, RepRisk analyzes 2.5 million documents from 150,000 sources across 23 languages to deliver relevant risk insights. About RepRisk RepRisk is the world's most respected Data as a Service (DaaS) company for reputational risks and responsible business conduct. Since 2007, RepRisk's data has been trusted by the world's leading banks, investment managers, Fortune 500 companies, sovereign wealth funds, and organizations such as the OECD and UN. Combining advanced AI with deep human expertise, and a proven methodology at the core, RepRisk's solutions bring peace of mind, enabling clients to 'know more, be sure, and act faster'. Our pioneering solutions help to strengthen due diligence processes across ESG topics, such as biodiversity, deforestation, human rights, and corruption, empowering clients to identify, monitor, and mitigate reputational, compliance, and financial risks. Headquartered in Zurich, and with offices in Toronto, New York, London, Berlin, Manila, and Tokyo, we stay close to clients and bring an independent lens to the industry. United by our shared belief in the power of data, our 400 people are proud to be setting the global standard for business conduct data and driving positive change through transparency. Visit us at and follow us on LinkedIn. Contact Mathias Fürer+41 41 552 30 01media@ Logo: View original content to download multimedia: SOURCE RepRisk Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
RepRisk boosts agentic AI delivery to power data integration
RepRisk adds 30 new team members to further innovate agentic AI delivery and data integration, building on two decades of AI innovation and human-labeled data ZURICH, Switzerland , June 25, 2025 /PRNewswire/ -- Today, RepRisk, the world's most respected DaaS company for reputational risks and responsible business conduct, announced its plans to hire 30 full-time employees to build out its next-generation agentic delivery capabilities and accelerate advanced data integration. 23 new hires take on AI and connected-LLM expert roles with most positions based at RepRisk's Zurich headquarters and several located in the Berlin office, forming a dedicated agentic products team. To satisfy client demand for enterprise-wide data integration, 7 of the 30 new full-time employees will strengthen the key account management and data delivery and integration teams. By scaling two decades of human expertise with AI, and orchestrating data creation and delivery via AI agents, RepRisk empowers clients to access broader risk insights without compromising on accuracy, enabling novel ways to consume, enrich, and integrate its data. "To serve our clients the way they wish – delivering our highly accurate, human-labeled data flexibly, seamlessly, and at scale – we are growing our team, continuing our path as an AI pioneer, and expanding the deployment of AI agents," commented Yani Kalafatis, Chief Technology Officer at RepRisk. He continued, "As one of Microsoft's Frontier Firms at the forefront of AI agent innovation, we are proud to help shape the paradigm shift from traditional bulk data licensing and static APIs to intelligent, context-aware, and goal-driven interactions between data products and enterprise systems." "Building on our proven AI technology and connected agents, we are continuing our investment in AI to lead the way in agentic orchestration and delivery – unlocking new, transformative approaches to enterprise-wide data integration for our clients," commented Philipp Aeby, CEO and Co-founder at RepRisk. He continued, "Agentic delivery is the next step in empowering financial institutions and decision-makers to apply RepRisk's global standard for business conduct data – anytime, anywhere, and in ways that drive lasting value and impact." Notes to editors Underpinned by a two-decade heritage and consistent methodology, RepRisk uniquely combines advanced AI with deep human expertise to empower the global finance community with trusted risk insights. Known for its relevant coverage, unparalleled accuracy, and speed, RepRisk's high-quality data enables more than 90 of the world's major banks, 80% of the top investment managers, and 14 of the top 20 private equity firms to make better-informed decisions – driving growth and preserving long-term value. RepRisk offers the largest and most comprehensive dataset, covering 100+ risk factors across 350,000+ entities globally (public and private companies, and related projects), and takes an objective, rules-based 'outside-in' approach – irrespective of information published by companies. Every day, RepRisk analyzes 2.5 million documents from 150,000 sources across 23 languages to deliver relevant risk insights. About RepRisk RepRisk is the world's most respected Data as a Service (DaaS) company for reputational risks and responsible business conduct. Since 2007, RepRisk's data has been trusted by the world's leading banks, investment managers, Fortune 500 companies, sovereign wealth funds, and organizations such as the OECD and UN. Combining advanced AI with deep human expertise, and a proven methodology at the core, RepRisk's solutions bring peace of mind, enabling clients to 'know more, be sure, and act faster'. Our pioneering solutions help to strengthen due diligence processes across ESG topics, such as biodiversity, deforestation, human rights, and corruption, empowering clients to identify, monitor, and mitigate reputational, compliance, and financial risks. Headquartered in Zurich, and with offices in Toronto, New York, London, Berlin, Manila, and Tokyo, we stay close to clients and bring an independent lens to the industry. United by our shared belief in the power of data, our 400 people are proud to be setting the global standard for business conduct data and driving positive change through transparency. Visit us at and follow us on LinkedIn. Contact Mathias Fürer+41 41 552 30 01media@ Logo: View original content to download multimedia: SOURCE RepRisk
Yahoo
24-06-2025
- Business
- Yahoo
ZenaTech Expands Drone as a Service (DaaS) for Government and Defense, Signing an Offer to Acquire a Virginia-Headquartered Tri-State Land Survey and Engineering Firm Serving Major US Federal Clients
VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ('ZenaTech'), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces it has signed an offer to acquire a Virginia-headquartered land survey and civil engineering firm with operations in three states and expertise serving major US federal government agencies and regional infrastructure programs. Upon completion, this acquisition would mark ZenaTech's first entry into the states of Virginia, North Carolina, and South Carolina, accelerating the Company's expansion across the Southeast region of the US. 'This acquisition reinforces our DaaS business model expansion objectives to provide drone innovation supporting US federal government, defense, and infrastructure surveying,' said Shaun Passley, Ph.D., ZenaTech CEO. 'With an established client base spanning federal agencies and regional construction markets, we are gaining both geographic reach and access to a high-value pipeline of projects where drone-based surveys and inspections can dramatically improve speed, precision and data quality for greater efficiency and precision.' Founded in 2010 by an industry veteran, the target company delivers full-service land surveying, civil engineering, land planning, and 3D imaging. They hold active contracts with federal and state agencies and provide core infrastructure services such as land surveys for highways, bridges, and development projects. ZenaTech's Drone as a Service (DaaS) business model offers both business and government customers reduced costs and convenience to utilize drones to streamline legacy processes and manual tasks such as inspections, surveying, maintenance, precision agriculture and inventory management ─ there is no need to purchase drone hardware and software, find a drone pilot, manage maintenance and operation, or acquire regulatory approvals. The model also offers scalability to use more often or less often based on business needs and utilizes ZenaDrone's multifunction AI autonomous drones. About ZenaTech ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions for mission-critical business applications. Since 2017, the Company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve customer inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, health, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech's portfolio of solutions helps drive exceptional operational efficiencies, accuracy, and cost savings. The Company operates through seven global offices in North America, Europe, Taiwan, and UAE, and is growing a DaaS business model and global partner network. About ZenaDrone ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous business drone solutions that can incorporate machine learning software, AI, predictive modeling, Quantum Computing, and other software and hardware innovations. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional drone solutions for industrial surveillance, monitoring, inspection, tracking, process automation and defense applications. Currently, the ZenaDrone 1000 drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, the IQ Nano indoor drone is used for inventory management and security in the warehouse and logistics sectors, and the IQ Square is an indoor/outdoor drone designed for land survey and inspections use in commercial and defense sectors. Contacts for more information: Company, Investors and Media: Linda Montgomery ZenaTech 312-241-1415 investors@ Investors: Michael Mason CORE IR investors@ Safe Harbor This press release and related comments by management of ZenaTech, Inc. include 'forward-looking statements' within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management's expectations and projections regarding ZenaTech's growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as 'may', 'will', 'should', 'expect', 'plan', 'anticipate', 'aim', 'seek', 'is/are likely to', 'believe', 'estimate', 'predict', 'potential', 'continue' or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech's expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000 and IQ Nano; ZenaTech's anticipated cash needs and it's needs for additional financing; ZenaTech's intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech's expected business objectives for the next twelve months; ZenaTech's ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech.擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
