Here are five (actually, more) technology news updates, insights, chatter, and plenty more to start your day for Wednesday, September 8, 2021. Sip up.
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A. What’s Brewing Today: Technology News
1. Citrix Systems Under Pressure: Activist hedge fund Elliott Management Corp. has a more than $1 billion stake in Citrix Systems and wants the software company to take action to boost its lagging stock price, The Wall Street Journal reports.
2. Managed Print Services: MPS Monitor is set to kick off a "major international dealer recruitment drive." MPS Monitor's remote monitoring and management (RMM) software has more than 1 million printer devices under management. Key partnerships included Forza, an ERP solution from Konica Minolta Business Solutions and its All Covered IT services division.
3. Talent - SAP Cloud Services: Protera has hired NTT Managed Services and Secure-24 veteran Michael BeDell as CEO. Protera develops FlexBridge, a platform that helps customers to manage SAP and related applications on Microsoft Azure and Amazon Web Services (AWS).
4. UiPath Quarterly Financial Results: UiPath, which develops robotic process automation (RPA) software, announced Q2 financial results for fiscal 2022. Key metrics include:
- Revenue of $195.5 million, up 40 percent year over year.
- A net loss of $100 million, compared to a net profit of $4.9 million in the corresponding quarter last year.
Despite the strong growth, Wall Street appears concerned about UiPath's business forecast. Shares in the RPA software provider fell about 8 percent after the results were announced. Meanwhile, rival Automation Anywhere is preparing for an IPO (initial public offering), reports suggest.
5. Cloud Distribution - Europe: Ingram Micro Cloud has agreed to distribute AWS solutions to its reseller network in France.
6. Video Conferencing: Webex by Cisco now hosts roughly 8 billion calls monthly and supports more than 39 million cloud calling users worldwide, Cisco Systems says.
B. Channel Partner Summits, MSP Conferences and Virtual Events Calendar
- Barracuda Secured.21 (September 14-16, Virtual)
- Nutanix .Next 2021 (September 20-23, Virtual)
- Salesforce Dreamforce (September 21-23, Hybrid)
- BigBig from Taylor Business Group (September 23-35, Arizona)
- VMware VMworld 2021 (October 5-7, Virtual)
- ChannelE2E’s complete event calendar
- Add Your Annual Event To Our Calendar: Submit it here for consideration.
