Latest news with #EnterpriseCustomers


Zawya
2 days ago
- Business
- Zawya
du empowers UAE enterprises with summer roaming offers to stay connected globally
Dubai, UAE: du, the leading telecom and digital services provider, today announced its Business Summer Roaming Offers, helping enterprise customers stay seamlessly connected during their international business travels. Valid until 31 August 2025, these offers are designed to support UAE businesses with reliable, cost-effective roaming solutions across key global destinations. Building on the success of last year's campaign, customers can now enjoy unlimited data while traveling this summer for only 350 AED/month. du's Business Summer Roaming offers will also include other flexible roaming bundles, high-speed data, and affordable international call and SMS rates, tailored to meet the needs of both government entities, large enterprises and SMEs. Karim Benkirane, Chief Commercial Officer at du, said: 'At du, we understand that business doesn't pause for summer. Our Business Summer Roaming Offers are designed to empower UAE enterprises with the connectivity they need to operate efficiently and confidently while abroad. Whether it's closing deals, managing teams, or staying in touch with clients, we're committed to enabling seamless communication wherever business takes them.' Customers will be able to activate the roaming plans easily through the du Business Portal, ensuring full control and transparency over their usage. The final offer details will be announced soon. In the meantime, enterprise customers can expect a continuation of the value and flexibility that made last year's plans a success. -End- About du du adds life to life with a comprehensive portfolio of mobile, fixed, broadband, entertainment services, and fintech solutions. Through a digital-first approach powered by ultra-reliable fiber and 5G technology, du delivers bespoke solutions leveraging cloud computing, AI-driven analytics, advanced cybersecurity, and IoT integration. As a trusted digital telco enabler spearheading the UAE's digital transformation, we collaborate with a dynamic partner ecosystem to propel industries and society toward operational excellence, shaping a more connected and digitally advanced future across the region.


Al Bawaba
3 days ago
- Business
- Al Bawaba
du empowers UAE enterprises with summer roaming offers to stay connected globally
du, the leading telecom and digital services provider, today announced its Business Summer Roaming Offers, helping enterprise customers stay seamlessly connected during their international business travels. Valid until 31 August 2025, these offers are designed to support UAE businesses with reliable, cost-effective roaming solutions across key global on the success of last year's campaign, customers can now enjoy unlimited data while traveling this summer for only 350 AED/month. du's Business Summer Roaming offers will also include other flexible roaming bundles, high-speed data, and affordable international call and SMS rates, tailored to meet the needs of both government entities, large enterprises and SMEs. Karim Benkirane, Chief Commercial Officer at du, said: 'At du, we understand that business doesn't pause for summer. Our Business Summer Roaming Offers are designed to empower UAE enterprises with the connectivity they need to operate efficiently and confidently while abroad. Whether it's closing deals, managing teams, or staying in touch with clients, we're committed to enabling seamless communication wherever business takes them.' Customers will be able to activate the roaming plans easily through the du Business Portal, ensuring full control and transparency over their usage. The final offer details will be announced soon. In the meantime, enterprise customers can expect a continuation of the value and flexibility that made last year's plans a success. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
Yahoo
11-07-2025
- Business
- Yahoo
Should You Hold on to GitLab Despite the Stock's 17% YTD Decline?
GitLab GTLB shares have lost 16.8% in the year-to-date, underperforming the broader Zacks Computer & Technology sector's rise of 7% and the Zacks Internet - Software industry's increase of 16.2%.The underperformance can be attributed to challenging macroeconomic uncertainties and increased competition in AI-enabled DevSecOps, particularly from larger players like Microsoft MSFT. Microsoft has strengthened its position in the DevSecOps space by seamlessly integrating GitHub and Azure DevOps. GTLB shares have also underperformed Microsoft shares, which have gained 19.4% in the year-to-date period. Image Source: Zacks Investment Research However, the company is benefiting from strong demand for its DevSecOps platform. Its solutions, such as GitLab Ultimate, Dedicated, and GitLab Duo, play a significant role in driving customer adoption and expanding existing customer relationships. GitLab's expanding clientele and market leadership in the DevSecOps platform category are contributing to its growth prospects. In the first quarter of fiscal 2026, customers with more than $5K of Annual Recurring Revenue (ARR) increased to 10,104, up 13% year over year. Customers with more than $100K of ARR increased to 1,288, up 26% year over year, demonstrating GTLB's ability to attract and retain large enterprise customers. GitLab's expanding portfolio has been noteworthy. In May 2025, GitLab launched GitLab 18, introducing powerful AI-native features across its DevSecOps platform. This release introduces integrated AI tools, including Code Suggestions and Chat, directly into Integrated Development Environments, now available to Premium and Ultimate customers at no additional cost. GitLab Premium users can also purchase Duo Enterprise without upgrading to Ultimate, gaining access to advanced AI across the development lifecycle. GitLab 18 also enhances CI/CD performance, artifact management, and security compliance with new tools like custom Static Application Security Testing logic, Fast Identity Online passkey support, and organization-level vulnerability expanding its portfolio, in May 2025, GitLab announced that it had achieved FedRAMP Moderate Authority to Operate status for GitLab Dedicated for Government, thereby enhancing secure DevSecOps for federal agencies. GitLab is benefiting from a rich partner network, which includes cloud platforms like Alphabet's GOOGL Google Cloud and Amazon AMZN. These platforms are helping it expand its footprint among large enterprise April 2025, GitLab announced the general availability of GitLab Duo with Amazon Q, integrating Amazon Q's AI agents into its DevSecOps platform to accelerate development, modernize legacy code, and streamline security and code reviews. The integration of GitLab's DevSecOps platform with Alphabet's Google Cloud services is enhancing developer productivity by streamlining authentication, boosting application deployment and improving the developer experience. This collaboration between GitLab and Alphabet ensures a more seamless and efficient development workflow. GitLab's expanded clientele and market leadership in the DevSecOps platform category are contributing to its growth the second quarter of fiscal 2026, GitLab expects revenues between $226 million and $227 million, indicating an approximate growth of 24% year over year. Non-GAAP fiscal second-quarter earnings are expected to be between 16 cents and 17 cents per share. For fiscal 2026, GitLab expects revenues between $936 million and $942 million, indicating growth of approximately 24% year over year. Non-GAAP earnings are expected to be between 74 cents and 75 cents per share. The Zacks Consensus Estimate for GTLB's second-quarter fiscal 2026 earnings is currently pegged at 16 cents per share, which has increased by a penny over the past 30 days, indicating a year-over-year increase of 6.67%.The consensus mark for second-quarter fiscal 2026 revenues is pegged at $226.55 million, indicating year-over-year growth of 24.08%. The Zacks Consensus Estimate for GTLB's fiscal 2026 earnings is currently pegged at 75 cents per share, which has increased 7.14% over the past 30 days, indicating a year-over-year increase of 1.35%.The consensus mark for fiscal 2026 revenues is pegged at $939.60 million, indicating year-over-year growth of 23.75%. GitLab Inc. price-consensus-chart | GitLab Inc. Quote We point out that GTLB stock is not so cheap, as the Value Score of F suggests a stretched valuation at this terms of the forward 12-month price/sales (P/S), GTLB is trading at 7.57X, higher than the Zacks Computer and Technology sector's 6.57X. Image Source: Zacks Investment Research GitLab's strong growth, AI-powered DevSecOps platform and solid partnerships position it as a leader in the DevOps GitLab faces challenges from one-time expenses, such as the global Summit event and ongoing costs related to its China joint venture, Jihu, which add pressure to its margins. Macroeconomic uncertainties and increased competition in AI-enabled DevSecOps continue to pose a headwind. Stretched valuation also remains a currently has a Zacks Rank #3 (Hold), suggesting that it may be wise to wait for a more favorable entry point to accumulate the stock. 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 Inc. (AMZN) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report GitLab Inc. (GTLB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio

National Post
10-07-2025
- Business
- National Post
Brightcove Unveils Its New Vision for the Future of Video Engagement, Powered by Proprietary AI and Customer Insight
Article content MILAN — Brightcove, the intelligent video engagement company, has today unveiled a bold new chapter in its evolution, signaling a renewed commitment to innovation, customer-centricity and meaningful digital experiences. Backed by new owner Bending Spoons, and incorporating its powerful proprietary AI technology, Brightcove is reimagining its platform to meet the growing demands of both Media and Enterprise customers. Article content This marks a strategic evolution in how Brightcove approaches product development, balancing cutting-edge innovation with a relentless focus on quality of experience. The company is investing in areas that matter most to its customers, including new AI-powered features developed in-house, enhanced monetization tools, and a more intuitive user experience. Article content Article content Brightcove's new direction is the result of extensive collaboration with more than 50 customers across industries, geographies, and use cases. These conversations have shaped a product strategy that is designed to meet the evolving needs of modern video teams while delivering measurable business outcomes. Article content At the heart of this strategy is a dual focus: Innovation and Quality of Experience. These two tracks will be pursued in parallel to ensure Brightcove continues to deliver meaningful improvements for all customers. Article content Innovation efforts will: Article content Introduce new features, including ultra-HD live streaming, a native recommendations engine, and a pilot for a native webinar and virtual event platform. Expand Brightcove's AI-powered tools, including automated metadata generation, caption generation, translation and audio dubbing in multiple languages, intelligent video clipping and reformatting to optimize for social publishing, and smart content analysis for precise advertising targeting. Article content Meanwhile, the Quality of Experience track will: Article content Refine the core platform through targeted initiatives, such as vertical video support, animated thumbnails, and a comprehensive UX/UI revamp to streamline workflows and enhance usability. Implement AI features, like predictive buffering and adaptive bitrate optimization, to help ensure smoother playback across devices and networks. Article content A key enabler of this transformation is Bending Spoons' proprietary AI technology. With a proven track record that includes building fully AI-powered products like Remini, as well as integrating AI features into broader platforms such as Evernote and Meetup, Bending Spoons brings deep technical expertise and a vertically integrated stack that accelerates delivery and ensures seamless integration. These capabilities will empower Brightcove to move faster, build smarter, and deliver a more polished experience from day one. Article content Luca Ferrari, CEO of Bending Spoons, commented: 'At Brightcove, our aim is to deliver a powerful and reliable platform that is deeply aligned with the needs of modern media and enterprise users. We're enthusiastic to bring our new product strategy to life, combining customer insight with Bending Spoons' AI expertise to build a long-term strategy hand-in-hand with our customers.' Article content About Brightcove Inc. Article content , Article content Evernote Article content , Article content komoot Article content , Article content Meetup Article content , Article content Remini Article content , Article content StreamYard Article content , and Article content . Its products are currently used by around 300 million people each month. Article content Article content Article content Article content Article content Contacts Article content Brightcove Inc. Media Contact Article content Article content Rebecca O'Reilly Article content


Entrepreneur
28-06-2025
- Business
- Entrepreneur
Riding on India's Push Towards Digital, Data, and Cloud: Manoj Nagpal
Over the past three decades, OpenText has transformed from a document management innovator into a global leader in Information Management, serving over 120,000 enterprise customers in 180 countries. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Tech 25: Manoj Nagpal, MD, OpenText India and VP Professional Services OpenText began as a collaborative research project between the University of Waterloo and Oxford University in 1991, originally aiming to digitise and make the Oxford English Dictionary searchable. This pioneering effort in full-text search laid the foundation for what would become one of the world's top ten software companies today. Over the past three decades, OpenText has transformed from a document management innovator into a global leader in Information Management, serving over 120,000 enterprise customers in 180 countries. Today, it has a portfolio of AI-led, cloud-based software and services that power and protect information across complex digital ecosystems. In India, since 2004, OpenText has been a key enabler of digital transformation, supporting mission-critical initiatives across both public and private sectors. "OpenText delivers one of the most comprehensive Information Management platforms in the industry, spanning content services, business network, cybersecurity, IT operations, digital experience, and developer APIs. With the launch of Titanium X and the OpenText Aviator platform, we are bringing generative AI and automation to the heart of enterprise workflows. These technologies are transforming how businesses operate by augmenting knowledge workers with AI agents, reducing complexity, automating decisions, and unlocking new productivity frontiers," says Manoj Nagpal, MD, OpenText India and VP Professional Services. Asked how he ensures his company stays ahead and relevant in a constantly changing marketplace, Nagpal says, "We stay ahead by embracing transformation ourselves. OpenText consistently evolves with the market, most recently through a bold shift to a cloud-first, AI-integrated strategy and a reimagining of our brand as a unified innovator rather than a 'house of brands'. At the heart of our approach is continuous investment in R&D, strategic acquisitions, and product simplification." OpenText's Indian innovation hubs play a pivotal role in global product engineering and partners closely with customers to co-innovate. "By aligning closely with megatrends like AI, Zero Trust security, and responsible automation, we ensure long-term relevance and leadership," he says. India's accelerated push toward digital transformation, increasing data regulation, and demand for cloud-native solutions are key drivers for OpenText, says Nagpal. "Organisations across BFSI, government, manufacturing, and telecom are prioritising secure information management, intelligent automation, and AI-led insights—all core strengths of our platform. Even amid global headwinds, India's tech spending continues to rise, particularly in compliance-driven and AI-powered transformations." In terms of its growth plans, OpenText aims to deepen its market penetration in India by expanding its capabilities in cloud, security, AI, and increasing local customer engagements. "We are also growing our presence in regulated sectors like BFSI and government, where data sovereignty and security are paramount. India will continue to play a strategic role in our global R&D operations, with plans to expand our engineering and innovation hubs. Moreover, we aim to grow our team here and invest significantly in talent over the coming years. We aim to increase our headcount from 6500 currently to 10,000 in 3 years," says Nagpal. Company Facts: Year of Inception: 1991 (Global), 2004 (India operations) Number of Employees: ~6500 in India (part of ~24,000 globally) Revenue for 2024: USD 5.8 billion (Region-wise revenue not disclosed) Major Clients: Aircel, Vodafone, DHFL Pramerica (DPLI), Tata Consultancy Services, L&T Technology Services, etc. Any IP Developed/Patented: Over 700 global patents across AI, cybersecurity, cloud orchestration, and enterprise content management technologies