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Atos staves off bankruptcy, casts wider net for refinancing

CIO

The trouble with Atos The challenge for Atos is that, despite a succession of new CEOs , new board members, and new strategies, it still keeps losing money — and it is already heavily loaded with debt, making banks reluctant to extend more credit to help it through the continuing bad times. In 2023, the company made a net loss of €3.4

.Net 245
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CIOs rethink all-in cloud strategies

CIO

Enough people are realizing that the cloud marketing spiel doesn’t necessarily match their reality.” Any organization of size, dealing with diverse technology, is doing their company a disservice if a public cloud–only strategy is their ultimate end goal,” says Brian Shields, SVP and CTO of Boston Red Sox and Fenway Sports Management.

Strategy 360
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TechCrunch+ roundup: SaaS benchmarks, TikTok strategy, milestone-based fundraising

TechCrunch

.” Full TechCrunch+ articles are only available to members Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription In this detailed breakdown, he compares net revenue retention rates by ARR range and identifies benchmarks for companies that have yet to reach product-market fit.

Strategy 178
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Ecco come i CIO stanno ripensando alle strategie sul cloud

CIO

Un numero sufficiente di persone si sta rendendo conto che il marketing del cloud non corrisponde necessariamente alla realtà”. Ed è proprio l’esperienza accumulata nella “nuvola” a spingere molti CIO a ripensare il loro approccio incentrato sulla piattaforma, a favore di un attitudine specifica che pone l’enfasi sul carico di lavoro.

Cloud 243
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Nexi, the Italian payments giant, buys Germany’s Orderbird for $140-150M to expand its SMB strategy

TechCrunch

More consolidation is apace in the world of payments: Nexi , the Italian fintech that scooped up rivals Danish-based Nets and then Italy’s SIA to create a $12.5 In addition to payments company Nets/Concardis, Orderbird’s other investors had included Digital+ Partners and Metro Group, and it had raised around $55 million in all.

SMB 251
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Crafting an XaaS customer success strategy that drives growth

TechCrunch

According to research by Gainsight, a customer success software platform, “companies that invest 10% or more of their revenue into the CS function have the highest net recurring revenue (NRR).”. In an XaaS model, net recurring revenue (NRR) is a key metric for success. The customer success job archetypes.

.Net 247
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Pursuing A New Future of Innovation Through Digital Banking Strategy

CIO

Banks are no longer the key players in the market, with fintech companies, digital-first start-ups, and tech giants delivering their own brand of financial services. Carbon neutral and net-zero commitments are more than just “nice-to-have” now; they are a business imperative that is driving banks to rethink their operations.

Banking 245