CMOtech Asia - Technology news for CMOs & marketing decision-makers

Financial results stories

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GE Vernova lifts guidance as orders & profit surge

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GE Vernova reports stronger first-quarter orders, profit and cash generation, with Power and Electrification driving a bigger backlog and improved outlook.
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ServiceNow & Google Cloud widen AI agent partnership

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ServiceNow and Google Cloud deepen AI tie-up as quarterly subscription revenue rises 19% and guidance is lifted after strong contract wins.
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Tech Mahindra posts higher FY26 revenue & record dividend

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Tech Mahindra lifts FY26 revenue and EBIT, while record dividend, strong deal wins and 10th straight quarter of margin expansion signal turnaround gains.
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Cerillion lifts orders on GBP £42.5 million Omantel deal

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Cerillion's first-half trading was boosted by a GBP £42.5 million Omantel deal, sending new orders higher and setting up a stronger second half.
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Pinewood lifts revenue as US dealership testing starts

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Pinewood boosts annual revenue and EBITDA as testing begins at Lithia's US dealerships, with cash rising and medium-term growth targets intact.
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Forrester warns AI marketing spend lacks business impact

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Forrester says most firms cannot show AI marketing spend is lifting revenue or profit, as buyers rely on generative search and AI agents.
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Sidetrade launches AI-native plan with three new products

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Sidetrade sets out a four-year push into AI-driven order-to-cash, with three new products due in 2026 and a shift towards usage-linked revenue.
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AI prompts clients to question expert fees, report finds

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One in three firms say clients now think AI can do expert work in-house, raising pricing pressure for agencies and consultancies.
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Lotte Rental extends Rimini Street deal to cut costs

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Lotte Rental extends Rimini Street support for Oracle and SAP systems, aiming to halve annual software spending and fund AI and cloud projects.
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MetaComp launches compliance tools for AI payments

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MetaComp rolls out VisionX and AgentX to tighten AI-led payment checks, as it develops a Know Your Agent standard for finance.
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Geotab report shows fleets cut fuel waste with data

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Geotab report shows fleets cut fuel waste by 30% as telematics help businesses slash idling, emissions and costs across global operations.
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Milestone lifts revenue 10% as AI push gathers pace

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Milestone Systems lifts 2025 revenue 10% to USD $340 million as research spending rises and Project Hafnia and NVIDIA tie-up deepen AI ambitions.
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Xero signs Claude deal for small business finance tools

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Xero to embed Anthropic's Claude across accounting tools as JAX gains automation for cash flow, invoices and scenario analysis.
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Milestone revenue rises to DKK 2.2bn on AI expansion

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Milestone lifts 2025 revenue 10% to DKK 2.2bn as AI-led acquisitions, Nvidia tie-up and higher R&D spend drive intelligent video push.
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SenSen expands AI parking enforcement across Ontario

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SenSen rolls out AI-powered parking enforcement across Ontario, as Toronto and nearby cities report big gains in safety and efficiency.
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Mastercard & CLIK team up to boost Indonesian credit

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Mastercard partners CLIK Credit Bureau to sharpen Indonesian lenders' credit decisions, balancing digital growth with tighter risk control.
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saas.group tops USD $100m ARR as AI drives next phase

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saas.group surpasses USD $100m ARR as it doubles down on AI-led upgrades and fresh acquisitions across its 25-plus software brands.
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ConnectWise unit maps IT pay trends, automation push

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Service Leadership's 2026 IT pay report links eased wage inflation and new 'Digital Worker' automation metrics to profitability for providers.
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Oracle Q3 boosted by AI cloud surge & USD $553bn RPO

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Oracle Q3 revenue jumps 22% to USD $17.2 billion as AI-fuelled cloud demand soars and contracted backlog swells to USD $553 billion.
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Sybilion raises USD $4.2m to power industrial decisions

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Porto startup Sybilion secures USD $4.2m seed funding to help manufacturers turn volatile market signals into faster, aligned decisions.