OSLO, Norvège--(BUSINESS WIRE)-- Crayon annonce ce jour une collaboration avec Amazon Web Services (AWS), une société d’Amazon.com, Inc., dans le cadre de sa nouvelle alliance pour l’innovation des partenaires d’IA générative. La Generative AI Partner Innovation Alliance aidera à étendre la portée du (GenAIIC) d'AWS, un programme qui aide les clients AWS à construire et déployer avec succès des solutions d'IA générative. , l'AWS GenAIIC met en relation les clients avec des scientifiques et des experts en stratégie AI/ML d'AWS, et aide les entreprises à prévoir, identifier et développer des s...
OSLO, Norway--(BUSINESS WIRE)-- Today, Crayon announced it will work with Amazon Web Services (AWS), an Amazon.com, Inc. company as part of the company’s new Generative AI Partner Innovation Alliance. The Generative AI Partner Innovation Alliance will help scale and expand the reach of the AWS (GenAIIC) - a program that helps AWS customers successfully build and deploy generative AI solutions. Initially , the AWS GenAIIC connects customers with AWS AI/ML scientists and strategy experts, and helps companies envision, identify, and develop generative AI solutions. Since its inception, the GenA...
OSLO, Norvège--(BUSINESS WIRE)-- Crayon, un chef de file mondial de la transformation numérique, annonce aujourd'hui avoir franchi quatre jalons de croissance à l'occasion de son 10e anniversaire au service de l'innovation en intelligence artificielle (IA). Malgré les défis posés par la dynamique du marché, l'entreprise a prévalu, attribuant son succès à un partenariat stratégique avec Amazon Web Services (AWS). L’année dernière, la bulle technologique du COVID-19 a finalement éclaté, provoquant le chaos sur le marché mondial des TI et le licenciement de 262 000 employési. Selon Gartner®ii : ...
OSLO, Norway--(BUSINESS WIRE)-- Crayon, a global leader in digital transformation, today announced it has hit four key growth milestones during its 10-year anniversary for artificial intelligence (AI) innovation. Despite the challenges posed by market dynamics, the company has prevailed, attributing its success to a strategic partnership with Amazon Web Services (AWS). Last year, the COVID-19 tech bubble finally burst causing chaos in the global IT market with 262,000 employeesi being laid off. According to Gartner®ii, “The overall IT spending growth rate for 2023 was 3.3%, only a 0.3% increa...
OSLO, Norvège--(BUSINESS WIRE)-- Crayon, un leader mondial dans les services relatifs aux TI et à l'innovation, a annoncé aujourd'hui la poursuite de sa collaboration avec AMD pour révolutionner les performances du cloud en utilisant les processeurs de serveurs AMD EPYC™. Cette collaboration permettra aux entreprises d'atteindre des niveaux d'efficacité sans précédent en optimisant les processeurs physiques qui composent leur infrastructure cloud, ce qui se traduira par des performances et des économies supérieures à celles de la virtualisation traditionnelle. « En tant que spécialiste de l'o...
OSLO, Norway--(BUSINESS WIRE)-- Crayon, a global leader in IT services and innovation, today announced its continued collaboration with AMD to revolutionize cloud performance using AMD EPYC™ server processors. This collaboration enables businesses to unlock unprecedented levels of efficiency by optimizing the physical processors powering their cloud infrastructure, delivering both performance and cost savings beyond traditional virtualization. “As a leader in cost optimization, FinOps, and software asset management (SAM), we've consistently focused on helping customers maximize the value of t...
While Crayon beat our headline forecasts for Q2, we have made limited estimate changes and continue to see a risk of disappointment ahead. We see growth headwinds and payables as a particular swing factor in Q3, the latter which was the key driver of cash flow in Q2 and likely to be the main factor for cash flow in Q3 as well. Accordingly, we reiterate our SELL and NOK90 target price.
Heading into Crayon’s most important quarter, there are mixed messages about whether slower headcount momentum in some businesses will drive operating leverage or slow sales and shrink gross margins. Either way, market sentiment looks upbeat and consensus has concluded on the upside, in our view implying an unfavourable risk/reward ahead of the Q2 report. We reiterate our SELL but have raised our target price to NOK90 (75).
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