Nonedefensive end has announced that he and girlfriend are expecting a baby in the very near future. They announced the news to their fans on Christmas Day which brightened the day of many fans who wish Nnadi the best. Showing that the pair are in very close unison, they shared the news on their own social media accounts at the same time. "Guess who made the Nnadi List? #MerryChristmas," they both chose to caption the post on Instagram. A successful Christmas The Christmas period has been excellent for the Chiefs and their players as was part of the team that provided a clinic against the Pittsburgh Steelers on Christmas Day. They got a very important 29-10 victory from that match and it means that the general outlook looks a lot better than it did a few weeks ago when fans wondered if they were witnessing the end of a winning cycle. That win meant that the Chiefs have the number one seed again, giving them a bye and a home-field advantage as they go on the hunt for what would be an incredible three-peat of the Super Bowl. has been a part of two Super Bowl wins with the Chiefs and Nani has seen him win them both, meaning it is no shock that the pair have stayed together and decided to start a family together in compete unison. He has been with the Chiefs for his entire career, joining as part of the draft in 2018.
“We had another outstanding quarter with record revenue and positive Adjusted EBITDA...We are very excited with our VSDHOne release and onboarding clients to increase our growth pace” - Shane Madden, CEO of Hydreight VANCOUVER, British Columbia and LAS VEGAS, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Hydreight Technologies Inc. (“Hydreight” or the “Company”) ( TSXV: NURS )( OTCQB: HYDTF )( FSE: SO6 ), a fast-growing mobile clinical network and medical platform which enables flexible at-home medical services across 50 states in the United States, is pleased to announce its financial results for the third quarter ended September 30, 2024. All financial information is presented in Canadian dollars unless otherwise indicated. Summary of Q3, 2024 Financial Highlights: Q3, 2024 GAAP revenue was $4.53 million an increase of 47% compared to Q3, 2023. Q3 2024 Topline1 record revenue of $6.12 million, an increase of 54% compared to Q3, 2023. Q3, 2024 Adjusted EBITDA1 was $48K compared to ($265K) in the comparative quarter. Q3, 2024 gross margin of $1.53 million compared to $1.27 million in Q3, 2023. The company has never raised or borrowed any additional capital since the original going public transaction in December 2022. The Company’s cash position at September 30, 2024 is $1.21 million. The first 9 months of 2024 GAAP revenue was $12.00 million, an increase of 48% compared to the first 9 months of 2023. The first 9 months of 2024 Topline1 revenue was $16.58 million, an increase of 37% compared to the first 9 months of 2023. Hydreight Ranked Number 56 Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500TM and 9th in Deloitte’s Technology Fast 50 Program Winners in Canada for 2024 In partnership with two other companies, Hydreight launched VSDHOne, a telemedicine and e-Commerce solution, that helps companies launch a direct to consumer (“DTC”) healthcare brand in all 50 States. Within the first 90 days, VSDHOne sold over 200 licenses across 50 States. Announced a normal course issuer bid on August 28, 2024, covering the period from Oct 4, 2024, to October 3, 2025. Signed a partnership with a company that works with US Government agencies for service and healthcare contracts. Shane Madden, CEO of Hydreight commented, “We had an outstanding quarter with record revenue, Adjusted EBITDA1 and Adjusted Revenue1. We are very excited for our “VSDHONE” products expansion and cashflow from that in the upcoming year”. Madden continues "Our balance sheet and P&L reflect a provision for US sales and use tax where we have taken the most conservative approach in recognizing a liability of uncertain timing and amount based on our internal and preliminary assessment of sales and use tax nexus under the most expansive taxability assumptions. Given the complexity of our corporate structure and State excise tax laws and regulations, we have engaged external tax professionals to prepare a detailed review of our corporate structure to determine the Company’s liability for sales and use tax by revenue stream at the State-by-State level. We anticipate the liability to be settled at an amount materially less than the provision. The Company believes the following Non-GAAP1 financial measures provide meaningful insight to aid in the understanding of the Company’s performance and may assist in the evaluation of the Company’s business relative to that of its peers: 1 Refer to Use of Non-GAAP Financial Measures The table below sets out a summary of certain financial results of the Company over the past eight quarters and is derived from the audited annual consolidated financial statements and unaudited quarterly consolidated financial statements of the Company. The Company has experienced dramatic user growth over the past two years as can be seen by the consistent revenue growth over the past eight quarters. The Company continues to deliver on its mission of building one of the largest mobile clinical networks in the United States. Through its medical network, pharmacy network and proprietary technology platform that adheres to the complex healthcare legislation across 50 states, Hydreight has provided a fully integrated solution for healthcare providers to become independent contractors. Hydreight remains focused on its strategic priorities of (1) Profitability (2) adding more product and service offerings for its customers, (3) introducing Hydreight story with more potential shareholders (4) driving white label partnerships and Nurses to the platform and (5) looking for strategic tuck in M&A opportunities to scale and grow the business quickly and efficiently . Hydreight will continue to invest into its technology to ensure continuous improvements, advancements and updates adhering to changes within the healthcare industry. Please see SEDAR + for the Company's condensed interim consolidated unaudited financial statements and MD&A for the three and six months ended September 30, 2024 and 2023 and for the Company’s audited annual consolidated financial statements and MD&A for the year ended December 31, 2023 and 2022. About VSDHOne - Direct to Consumer Platform In a partnership with two other parties, Hydreight Technologies launched the VSDHOne (Read as VSDH-One)platform. VSDHOne simplifies the entry challenges for companies and medi-spa businesses to enter the online healthcare space compliantly. This platform will help all businesses to launch a direct-to-consumer healthcare brand in a matter of days in all 50 states. Compliant offerings include: GLP-1s (semaglutide, tirzepatide), peptides, personalized healthcare treatments, sermorelin, testosterone replacement therapy (“TRT”), hair loss, skincare, sexual health and more. Hydreight invested in technology, legal and infrastructure to launch this platform. The VSDHOne platform offers a complete, end-to-end solution for businesses looking to launch direct-to-consumer healthcare brands. From compliance and telemedicine technology to nationwide doctor and pharmacy networks, VSDHOne provides all the tools needed for a seamless entry into the online healthcare space. The platform is designed to significantly reduce the time and costs associated with launching such services, making it possible for businesses to go live in days instead of months. About Hydreight Technologies Inc. Hydreight Technologies Inc. is building one of the largest mobile clinic networks in the United States. Its proprietary, fully integrated platform hosts a network of over 2500 nurses, over 100 doctors and a pharmacy network across 50 states. The platform includes a built-in, easy-to-use suite of fully integrated tools for accounting, documentation, sales, inventory, booking, and managing patient data, which enables licensed healthcare professionals to provide services directly to patients at home, office or hotel. Hydreight is bridging the gap between provider compliance and patient convenience, empowering nurses, med spa technicians, and other licensed healthcare professionals. The Hydreight platform allows healthcare professionals to deliver services independently, on their own terms, or to add mobile services to existing location-based operations. Hydreight has a 503B pharmacy network servicing all 50 states and is closely affiliated with a U.S. certified e-script and telemedicine provider network. On behalf of the Board of Directors Shane Madden Director and Chief Executive Officer Hydreight Technologies Inc. Contact Email: ir@hydreight.com ; Telephone: (702) 970 8112 This press release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements. Use of Non-GAAP Financial Measures: This release contains references to non-GAAP financial measures Adjusted Revenue (also referred to as Topline Revenue), Adjusted Gross Margin, and Adjusted EBITDA. The Company defines Adjusted Revenue as gross cash income before adjustment for the deferred portion of business partner contract revenue and gross receipts from Hydreight App service sales. The Company defines Adjusted Gross Margin as GAAP gross margin plus inventory impairment plus the deferred portion of business partner contract revenue. The Company defines Adjusted EBITDA as net income (loss) before interest, taxes, depreciation and amortization and before (i) transaction, restructuring, and integration costs and share-based payments expense, and (iii) gains/losses that are not reflective of ongoing operating performance. The Company believes that the measures provide information useful to its shareholders and investors in understanding the Company’s operating cash flow growth, user growth, and cash generating potential for funding working capital requirements, service future interest and principal debt repayments and fund future growth initiatives. These non-GAAP measures may assist in the evaluation of the Company’s business relative to that of its peers more accurately than GAAP financial measures alone. This data is furnished to provide additional information and does not have any standardized meaning prescribed by GAAP. Accordingly, it should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP and is not necessarily indicative of other metrics presented in accordance with GAAP. Neither TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. This press release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements. Cautionary Note Regarding Forward-Looking Information This press release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, path to profitability, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions and includes information regarding expectations for the Company's growth and profitability in 2024. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects the Company’s management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the ability to obtain requisite regulatory and other approvals with respect to the business operated by the Company and/or the potential impact of the listing of the Company’s shares on the TSXV on relationships, including with regulatory bodies, employees, suppliers, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation; and the diversion of management time as a result of being a publicly listed entity. This forward-looking information may be affected by risks and uncertainties in the business of the Company and market conditions. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law. 1See Use of Non-GAAP Financial MeasuresNone
South Korea's National Assembly on December 10, 2024 passes a bill to appoint a permanent special counsel to investigate insurrection charges against President Yoon Suk-yeol, as well as a resolution calling for Yoon's immediate arrest over his botched martial law declaration. Photo: VCG China will not comment on the ROK's domestic affairs, but China absolutely opposes the ROK side associating its domestic affairs with Chinese elements, amplifying unfounded "Chinese spy" accusations and throwing mud at normal economic and trade cooperation. None of these are conducive to a healthy and steady China-ROK relationship, Chinese Foreign Ministry spokesperson Mao Ning said on Thursday. Mao made the remarks in response to a question about South Korean President Yoon Suk-yeol's remarks in a televised address on Thursday, in which he said "the major opposition party is now threatening national security and public safety" and mentioned cases involving Chinese nationals in South Korea. He also claimed that "Chinese solar power facilities will destroy forests nationwide," according to an unofficial translation of President Yoon's address released by Business Korea. Yoon said that they "tried to amend the espionage provisions of the Criminal Act, but the major opposition party stubbornly blocked... Which country's party and parliament are they?" according to Business Korea. "We are surprised by those comments and find them deeply upsetting," Mao said that the Chinese government always asks Chinese nationals overseas to observe local laws and regulations. "We noted that the conclusion is yet to be made on the particular case mentioned by the ROK side," said Mao. China once again urges the ROK to handle justly cases concerning Chinese nationals, keep the Chinese side informed of the handling of the cases, and ensure the safety and lawful rights and interests of Chinese nationals concerned, the spokesperson added. Yoon brought up China while criticizing the opposition, but his remarks on China are logically unfounded. For example, accusing Chinese-made solar panels of damaging forests across South Korea seems absurd. It is unclear why he was so aggressively critical of China, Dong Xiangrong, senior research fellow at the National Institute of International Strategy at the Chinese Academy of Social Sciences, told the Global Times on Thursday. As Yoon's political future is now beyond his control, we need to closely observe the political situation in South Korea, said Dong. Facing mounting pressure of impeachment, Yoon's speech, his repeated references to China and the alleged threats to South Korea's national security may be a strategy to rally right-wing support by all means and create justifications for declaring martial law. This seems to be a tactic aimed at diverting public attention from the impeachment, Zheng Jiyong, director of the Center for Korean Studies at Fudan University in Shanghai, told the Global Times. In the televised public address, Yoon said sending troops to the National Assembly during martial law cannot amount to insurrection, while defying calls to step down. Yoon said he used his presidential power to declare martial law "to protect the nation and normalize state affairs" against the opposition that paralyzed the government, calling it a "highly calibrated political judgment," according to South Korea's Yonhap News Agency. The main opposition Democratic Party has previously blasted President Yoon for claiming he declared martial law to protect the Constitution, calling the president's words an "expression of extreme delusion" and a "confession" to the crime of imposing martial law illegally, according to KBS. The opposition-controlled National Assembly on Thursday passed another bill that seeks a special counsel probe into President Yoon Suk-yeol over his botched imposition of martial law and a bill proposing a special probe of the first lady, Yonhap reported. Commenting on Yoon's speech, Xiang Haoyu, a research fellow at the China Institute of International Studies, told the Global Times on Thursday that as the momentum for impeachment builds, Yoon may be trying to drag the process using his position as president, however, more ruling party members appear likely to change sides. South Korean lawmakers are scheduled to vote at 5 pm local time this Saturday on the main opposition Democratic Party of Korea's motion to impeach Yoon. Yoon escaped impeachment last Saturday due to a lack of quorum as most lawmakers from his ruling People Power Party boycotted the vote, the Xinhua News Agency cited local media as reported. Currently, multiple investigative bodies, including the police and prosecutor, are pressing forward with investigations against the martial law. Xiang said that South Korean politics is currently characterized by deep divisions and escalating tensions between progressive and conservative factions. This growing polarization reflects broader political turmoil. No matter what fate Yoon faces, the turbulence is unlikely to subside in short time and may persist for some time, said the expert.“We had another outstanding quarter with record revenue and positive Adjusted EBITDA...We are very excited with our VSDHOne release and onboarding clients to increase our growth pace” - Shane Madden, CEO of Hydreight VANCOUVER, British Columbia and LAS VEGAS, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Hydreight Technologies Inc. (“Hydreight” or the “Company”) ( TSXV: NURS )( OTCQB: HYDTF )( FSE: SO6 ), a fast-growing mobile clinical network and medical platform which enables flexible at-home medical services across 50 states in the United States, is pleased to announce its financial results for the third quarter ended September 30, 2024. All financial information is presented in Canadian dollars unless otherwise indicated. Summary of Q3, 2024 Financial Highlights: Shane Madden, CEO of Hydreight commented, “We had an outstanding quarter with record revenue, Adjusted EBITDA1 and Adjusted Revenue1. We are very excited for our “VSDHONE” products expansion and cashflow from that in the upcoming year”. Madden continues "Our balance sheet and P&L reflect a provision for US sales and use tax where we have taken the most conservative approach in recognizing a liability of uncertain timing and amount based on our internal and preliminary assessment of sales and use tax nexus under the most expansive taxability assumptions. Given the complexity of our corporate structure and State excise tax laws and regulations, we have engaged external tax professionals to prepare a detailed review of our corporate structure to determine the Company’s liability for sales and use tax by revenue stream at the State-by-State level. We anticipate the liability to be settled at an amount materially less than the provision. The Company believes the following Non-GAAP1 financial measures provide meaningful insight to aid in the understanding of the Company’s performance and may assist in the evaluation of the Company’s business relative to that of its peers: 1 Refer to Use of Non-GAAP Financial Measures The table below sets out a summary of certain financial results of the Company over the past eight quarters and is derived from the audited annual consolidated financial statements and unaudited quarterly consolidated financial statements of the Company. The Company has experienced dramatic user growth over the past two years as can be seen by the consistent revenue growth over the past eight quarters. The Company continues to deliver on its mission of building one of the largest mobile clinical networks in the United States. Through its medical network, pharmacy network and proprietary technology platform that adheres to the complex healthcare legislation across 50 states, Hydreight has provided a fully integrated solution for healthcare providers to become independent contractors. Hydreight remains focused on its strategic priorities of (1) Profitability (2) adding more product and service offerings for its customers, (3) introducing Hydreight story with more potential shareholders (4) driving white label partnerships and Nurses to the platform and (5) looking for strategic tuck in M&A opportunities to scale and grow the business quickly and efficiently . Hydreight will continue to invest into its technology to ensure continuous improvements, advancements and updates adhering to changes within the healthcare industry. Please see SEDAR + for the Company's condensed interim consolidated unaudited financial statements and MD&A for the three and six months ended September 30, 2024 and 2023 and for the Company’s audited annual consolidated financial statements and MD&A for the year ended December 31, 2023 and 2022. About VSDHOne - Direct to Consumer Platform In a partnership with two other parties, Hydreight Technologies launched the VSDHOne (Read as VSDH-One)platform. VSDHOne simplifies the entry challenges for companies and medi-spa businesses to enter the online healthcare space compliantly. This platform will help all businesses to launch a direct-to-consumer healthcare brand in a matter of days in all 50 states. Compliant offerings include: GLP-1s (semaglutide, tirzepatide), peptides, personalized healthcare treatments, sermorelin, testosterone replacement therapy (“TRT”), hair loss, skincare, sexual health and more. Hydreight invested in technology, legal and infrastructure to launch this platform. The VSDHOne platform offers a complete, end-to-end solution for businesses looking to launch direct-to-consumer healthcare brands. From compliance and telemedicine technology to nationwide doctor and pharmacy networks, VSDHOne provides all the tools needed for a seamless entry into the online healthcare space. The platform is designed to significantly reduce the time and costs associated with launching such services, making it possible for businesses to go live in days instead of months. About Hydreight Technologies Inc. Hydreight Technologies Inc. is building one of the largest mobile clinic networks in the United States. Its proprietary, fully integrated platform hosts a network of over 2500 nurses, over 100 doctors and a pharmacy network across 50 states. The platform includes a built-in, easy-to-use suite of fully integrated tools for accounting, documentation, sales, inventory, booking, and managing patient data, which enables licensed healthcare professionals to provide services directly to patients at home, office or hotel. Hydreight is bridging the gap between provider compliance and patient convenience, empowering nurses, med spa technicians, and other licensed healthcare professionals. The Hydreight platform allows healthcare professionals to deliver services independently, on their own terms, or to add mobile services to existing location-based operations. Hydreight has a 503B pharmacy network servicing all 50 states and is closely affiliated with a U.S. certified e-script and telemedicine provider network. On behalf of the Board of Directors Shane Madden Director and Chief Executive Officer Hydreight Technologies Inc. Contact Email: ir@hydreight.com ; Telephone: (702) 970 8112 This press release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements. Use of Non-GAAP Financial Measures: This release contains references to non-GAAP financial measures Adjusted Revenue (also referred to as Topline Revenue), Adjusted Gross Margin, and Adjusted EBITDA. The Company defines Adjusted Revenue as gross cash income before adjustment for the deferred portion of business partner contract revenue and gross receipts from Hydreight App service sales. The Company defines Adjusted Gross Margin as GAAP gross margin plus inventory impairment plus the deferred portion of business partner contract revenue. The Company defines Adjusted EBITDA as net income (loss) before interest, taxes, depreciation and amortization and before (i) transaction, restructuring, and integration costs and share-based payments expense, and (iii) gains/losses that are not reflective of ongoing operating performance. The Company believes that the measures provide information useful to its shareholders and investors in understanding the Company’s operating cash flow growth, user growth, and cash generating potential for funding working capital requirements, service future interest and principal debt repayments and fund future growth initiatives. These non-GAAP measures may assist in the evaluation of the Company’s business relative to that of its peers more accurately than GAAP financial measures alone. This data is furnished to provide additional information and does not have any standardized meaning prescribed by GAAP. Accordingly, it should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP and is not necessarily indicative of other metrics presented in accordance with GAAP. Neither TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. This press release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements. Cautionary Note Regarding Forward-Looking Information This press release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, path to profitability, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions and includes information regarding expectations for the Company's growth and profitability in 2024. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects the Company’s management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the ability to obtain requisite regulatory and other approvals with respect to the business operated by the Company and/or the potential impact of the listing of the Company’s shares on the TSXV on relationships, including with regulatory bodies, employees, suppliers, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation; and the diversion of management time as a result of being a publicly listed entity. This forward-looking information may be affected by risks and uncertainties in the business of the Company and market conditions. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law. 1See Use of Non-GAAP Financial Measures
Hicks 3-6 0-0 7, Konan Niederhauser 6-7 2-5 14, Baldwin 6-14 6-7 20, Dilione 4-11 0-0 9, Johnson 2-6 0-0 4, Kern 4-8 3-3 11, Dunn 0-1 0-0 0, Nzeh 1-2 0-0 2, Carter 0-1 0-0 0, Stewart 0-0 0-0 0. Totals 26-56 11-15 67. Schieffelin 7-15 4-4 18, Wiggins 6-10 0-1 14, Lakhin 2-7 2-2 6, C.Hunter 4-12 6-7 17, Zackery 2-4 2-2 8, D.Hunter 0-3 2-4 2, Jones 4-6 0-0 10, Reeves 0-0 0-0 0. Totals 25-57 16-20 75. Halftime_Clemson 38-36. 3-Point Goals_Penn St. 4-18 (Baldwin 2-6, Dilione 1-4, Hicks 1-4, Carter 0-1, Dunn 0-1, Johnson 0-2), Clemson 9-19 (C.Hunter 3-6, Zackery 2-2, Jones 2-3, Wiggins 2-4, Lakhin 0-1, Schieffelin 0-1, D.Hunter 0-2). Rebounds_Penn St. 28 (Konan Niederhauser, Dilione, Kern 6), Clemson 31 (Schieffelin 13). Assists_Penn St. 18 (Baldwin 11), Clemson 17 (Schieffelin 8). Total Fouls_Penn St. 19, Clemson 15.Information Technology (IT) Operations Analytics Market: A Comprehensive Analysis 12-13-2024 07:07 PM CET | IT, New Media & Software Press release from: Data Bridge Market Research (DBMR) Information Technology (IT) Operations Analytics Market The Information Technology (IT) Operations Analytics (ITOA) market has become a cornerstone of modern enterprises, driven by the increasing complexity of IT infrastructures and the need for real-time insights. ITOA, also known as advanced operational analytics, empowers organizations to monitor, analyze, and optimize IT systems, ensuring seamless operations and robust performance. This article explores the market's introduction, trends, size, share, growth, and demand forecast through 2031. Access Full 350 Pages PDF Report @ https://www.databridgemarketresearch.com/reports/global-it-operations-analytics-market The proliferation of digital transformation initiatives has underscored the critical role of IT operations in organizational success. IT operations analytics combines big data technologies, machine learning, and artificial intelligence to enhance the efficiency and reliability of IT services. By analyzing vast amounts of operational data, ITOA helps identify performance bottlenecks, predict system failures, and streamline IT processes. Organizations worldwide are increasingly leveraging these solutions to maintain competitive advantage and ensure business continuity. Key Market Trends Several trends are shaping the trajectory of the IT operations analytics market: Adoption of Artificial Intelligence and Machine Learning: AI and ML are revolutionizing IT operations by enabling predictive and prescriptive analytics. These technologies facilitate automated anomaly detection, root cause analysis, and incident resolution, significantly reducing downtime and operational costs. Cloud-Based Analytics Solutions: With the growing adoption of cloud technologies, organizations prefer cloud-based ITOA solutions for their scalability, cost-effectiveness, and ease of deployment. Cloud platforms also provide enhanced collaboration and data integration capabilities. Focus on Proactive IT Management: Companies are shifting from reactive to proactive IT management approaches. ITOA solutions enable proactive monitoring and predictive maintenance, minimizing risks and enhancing user satisfaction. Integration with DevOps and Agile Practices: ITOA tools are increasingly integrated with DevOps and Agile methodologies to ensure continuous delivery and seamless application performance. This integration enhances collaboration between development and operations teams. Growing Importance of Cybersecurity Analytics: As cyber threats evolve, organizations leverage ITOA solutions to strengthen their security posture. Advanced analytics provide real-time threat detection and response capabilities, safeguarding critical assets. Market Size and Share Data Bridge Market Research analyzes that global Information Technology (IT) operations analytics market is expected to reach USD 264,419.00 million by 2031 from USD 24,922.59 million in 2023 growing with a CAGR of 34.6% in the forecast period of 2024 to 2031. Key players in the market, such as Splunk, IBM, Microsoft, and VMware, hold a significant share due to their comprehensive solutions and strong customer base. However, the market also sees the emergence of innovative startups offering niche analytics capabilities tailored to specific industries. Growth Drivers Rising IT Complexity: The rapid adoption of digital technologies, including IoT, blockchain, and edge computing, has added layers of complexity to IT environments. ITOA solutions are indispensable for managing and optimizing these intricate systems. Demand for Operational Efficiency: Organizations are under constant pressure to reduce operational costs while maintaining high service quality. ITOA tools enhance operational efficiency by automating routine tasks and providing actionable insights. Data Explosion: The exponential growth of data generated by IT systems necessitates advanced analytics tools to process and derive meaningful insights. ITOA solutions enable organizations to harness this data for better decision-making. Regulatory Compliance: Regulatory frameworks such as GDPR, HIPAA, and PCI-DSS mandate stringent IT monitoring and reporting practices. ITOA solutions help organizations comply with these regulations by ensuring data integrity and security. Remote Work Adoption: The shift towards remote work has increased the reliance on IT infrastructure. ITOA tools play a crucial role in monitoring and optimizing remote IT environments, ensuring uninterrupted operations. Demand Forecast (2023-2031) The demand for IT operations analytics is expected to surge over the next decade, driven by technological advancements and the increasing need for intelligent IT management. Key sectors contributing to this growth include: Banking, Financial Services, and Insurance (BFSI): BFSI organizations require robust analytics solutions to monitor transaction systems, ensure regulatory compliance, and prevent fraud. Healthcare: The healthcare sector leverages ITOA to manage electronic health records, optimize IT operations, and enhance patient care delivery. Retail and E-commerce: Retailers and e-commerce platforms use ITOA solutions to ensure seamless customer experiences and optimize supply chain operations. Manufacturing: Manufacturers deploy ITOA tools to monitor production systems, predict equipment failures, and enhance overall efficiency. Telecommunications: Telecom operators rely on ITOA solutions to manage network performance, address customer issues, and support 5G deployments. Challenges and Opportunities Despite its promising growth prospects, the ITOA market faces several challenges, including: High Implementation Costs: The initial investment required for deploying ITOA solutions can be prohibitive for small and medium-sized enterprises (SMEs). Data Privacy Concerns: Organizations must address data privacy and security issues to build trust and ensure compliance with regulations. Skill Gaps: The lack of skilled professionals capable of leveraging advanced analytics tools hinders market adoption. However, these challenges also present opportunities for vendors to innovate and offer cost-effective, user-friendly solutions. Moreover, the growing trend of managed services and analytics-as-a-service models can help organizations overcome resource constraints. Browse Trending Reports: https://aimarketresearch2024.blogspot.com/2024/12/information-technology-operations.html https://aimarketresearch2024.blogspot.com/2024/12/high-performance-lubricant-market-size.html https://aimarketresearch2024.blogspot.com/2024/12/subscription-and-billing-management.html https://aimarketresearch2024.blogspot.com/2024/12/vascular-ultrasonography-market-size.html Conclusion The IT operations analytics market is poised for substantial growth, driven by advancements in AI, machine learning, and cloud technologies. As organizations strive for operational excellence and resilience, the adoption of ITOA solutions will continue to expand across industries. By addressing implementation challenges and capitalizing on emerging trends, market players can unlock immense opportunities and contribute to the digital transformation journey of enterprises worldwide. About Data Bridge Market Research: Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Contact Us: Data Bridge Market Research US: +1 614 591 3140 UK: +44 845 154 9652 APAC : +653 1251 975 Email: corporatesales@databridgemarketresearch.com" This release was published on openPR.
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Israeli police set to probe Netanyahu’s wife over ‘harassment of witnesses’( MENAFN - GlobeNewsWire - Nasdaq) NEW YORK, Dec. 26, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Wolfspeed, Inc. (“Wolfspeed” or the“Company”) (NYSE:WOLF) in the United States District Court for the Northern District of New York on behalf of all persons and entities who purchased or otherwise acquired Wolfspeed securities between August 16, 2023 to November 6, 2024, both dates inclusive (the“Class Period”). Investors have until January 17, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Click here to participate in the action. According to the complaint, defendants provided the public with revenue projections that depended on Wolfspeed's Mohawk Valley fabrication facility ramping its production to meet and/or exceed demand for its 200mm wafer product. On November 6, 2024, Wolfspeed announced its financial results for the first quarter of fiscal year 2025 and unveiled guidance for the second quarter well below expectations. While defendants had repeatedly claimed that 20% utilization of the Mohawk Valley fabrication facility would result in $100 million revenue out of the facility, defendants now guided to a range 30% to 50% below that mark. The Company attributed its results and lowered guidance to "demand ... ramp[ing] more slowly than we originally anticipated" as "EV customers revise their launch time lines as the market works though this transition period." Investors and analysts reacted immediately to Wolfspeed's revelation. The price of Wolfspeed's common stock declined dramatically. From a closing market price of $13.71 per share on November 6, 2024, Wolfspeed's stock price fell to $8.33 per share on November 7, 2024, a decline of about 39.24% in the span of just a single day. If you purchased or otherwise acquired Wolfspeed shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at ... , telephone at (212) 355-4648, or by filling out this contact form . There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit . Attorney advertising. Prior results do not guarantee similar outcomes. Contact Information: Bragar Eagel & Squire, P.C. Brandon Walker, Esq. Marion Passmore, Esq. (212) 355-4648 ... MENAFN26122024004107003653ID1109033706 Legal Disclaimer: MENAFN provides the information “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 provider above.Alabama flips RB Jace Clarizio from Michigan State