TMR

RESTON, Va., June 11, 2025 /PRNewswire/ — Finch AI, a leading developer of powerful AI-enabled solutions for Government and commercial enterprises, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider^®, today announced a partnership. Under the agreement, Carahsoft will serve as Finch AI’s Public Sector distributor, making the company’s AI and data management solutions available to the Public Sector through Carahsoft’s reseller partners and Information Technology Enterprise Solutions – Software 2 (ITES-SW2), National Association of State Procurement Officials (NASPO) ValuePoint, E&I Cooperative Services Contract and The Quilt contracts.

“We believe the tremendous capabilities of Carahsoft will help bring increased awareness of Finch AI’s breakthrough technologies across Government and other clientele,” Finch AI Chief Executive Officer Steve Baldwin said. “Carahsoft is known for bringing new, cutting-edge solutions to customers and we’re excited to have the opportunity to bring our innovative AI products – and all of the unique ways we leverage AI to accelerate analyst workflows – to the forefront.”

Finch AI currently offers three products including Finch for Text, an entity intelligence solution that leverages a proprietary approach to semantic understanding and provides a non-negotiable base layer for getting data ready for use in AI applications; Finch Analyst, an AI-powered discovery and exploration surface where users can interact with their data and the inherent relationships within it from a single pane of glass; and Finch Insight Reports, AI-enabled entity intelligence reports that can be generated in seconds and shared instantly and easily with key stakeholders.

“Carahsoft and its reseller partners are thrilled to have the Finch AI solution set added to our portfolio,” said Michael Adams, Program Executive for AI Solutions at Carahsoft. “Finch AI’s commitment to intelligence, defense and homeland missions, and to providing tools that meet the unique needs of these communities, makes Finch AI a sought-after partner across the Federal Government.”

For more than 20 years, Carahsoft has worked with resellers, systems integrators, consultants and sales and marketing teams to provide industry leading IT products, services and training to Public Sector agencies across hundreds of contracts. Its staff of more than 3,000 professionals work alongside mission-driven technology companies to bring their solutions to Public Sector customers.

Finch AI’s solutions are available through Carahsoft’s ITES-SW2 Contract W52P1J-20-D-0042, NASPO ValuePoint Master Agreement #AR2472, E&I Contract #EI00063~2021MA and The Quilt Master Service Agreement Number MSA05012019-F. To learn more about this partnership, contact the Carahsoft Team at (703) 871-8548 or [email protected].

About Finch AI
Finch AI develops super powered tools for analysts. It’s innovative, AI-driven products accelerate workflows and allow users to find and leverage insights from massive amounts of unstructured text in real-time and at-scale. Finch for Text is an entity intelligence solution that leverages a proprietary approach to semantic understanding and a retrieval augmented generation pipeline to provide a non-negotiable base layer for getting data ready for use in AI applications; Finch Analyst is an AI-powered discovery and exploration surface where users can interact with their data and the inherent relationships within it from a single pane of glass; and Finch Insight Reports are AI-enabled entity intelligence reports that can be generated in seconds and shared instantly and easily with key stakeholders. Learn more at www.finchai.com.

About Carahsoft’s AI Portfolio
Carahsoft’s Artificial Intelligence (AI) Portfolio includes leading and emerging technology vendors that are enabling government agencies and systems integrators to harness the power of AI and ultimately meet mission needs. Supported by dedicated AI product specialists and an extensive ecosystem of resellers, integrators and service providers, we help organizations identify the right technology for unique environments and provide access to technology solutions through our broad portfolio of contract vehicles. Our AI portfolio spans solutions for Data Center & Hardware, Generative AI, Synthetic Data & Labeling, Autonomous Systems & Robotics and more. Learn more about Carahsoft’s AI Solutions for Government here. 

About Carahsoft
Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator^® for our vendor partners, we deliver solutions for Artificial Intelligence, Cybersecurity, MultiCloud, DevSecOps, Customer Experience and Engagement, Open Source and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles. Visit us at www.carahsoft.com.

Contact: [email protected]

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SOURCE Finch AI

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LONDON, June 11, 2025 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces the release of Club Offers for Club Members.

Rigorously vetted and negotiated for us travel enthusiasts in the UK:

• £299PP—NORTHERN ICELAND: ON THE EDGE OF THE ARCTIC CIRCLE
  A 3-night stay in the hip town of Akureyri with return flights. Just 40 kilometres from the edge of the Arctic Circle, it’s a fabulous location to spot the magical Northern Lights.
   
• £299—SUMMER STAYS IN PARIS
  Indulge in Parisian charm with 2 nights at Hotel Saint-Paul Rive Gauche for £299, named as one of France’s top 30 stays by The Times. This offer for two people saves 42–55%. Includes a Seine cruise.
   
• £1099—TRAINS, TEA, AND TEMPLES: TOUR SRI LANKA, £1500 OFF
  Enjoy Sri Lanka’s many highlights on a 9-night tour. Ride a heritage train, explore ancient temples, and relax on the beaches of Beruwala. Offer includes return flights. Saves £1500 on the regular price.
   
• £149—ELEGANT VICTORIAN MANSION IN BERKSHIRE
  Stay at the elegant Easthampstead Park this summer with this offer of £149 for two. The beautiful estate sits amid 80 acres of woodland, parkland, and formal gardens on the outskirts of Wokingham.
   
• £4499PP—51-NIGHT HALF-WORLD CRUISE ON QUEEN MARY 2, SAVE £3340
  Spend seven weeks reliving the Golden Age aboard Cunard’s iconic ocean liner, Queen Mary 2. This voyage from Southampton to Sydney costs from £6960–£7839 elsewhere, but we have negotiated the exact same sailing down to £4499 per person, including a free Sydney stay at the end.

Are you a travel enthusiast? Join the club today: https://travelzoo.com 

About Travelzoo
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers personally reviewed by our deal experts around the globe. We have our finger on the pulse of outstanding travel, entertainment, and lifestyle experiences. We work in partnership with thousands of top travel suppliers—our long-standing relationships give us access to irresistible deals.

Travelzoo is a registered trademark of Travelzoo. All other names are trademarks and/or registered trademarks of their respective owners.

Media Contact:

Cat Jordan – London
+44 77 7678 1525
[email protected]

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SOURCE Travelzoo

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CHONGQING, China, June 12, 2025 /PRNewswire/ — A news report from iChongqing: On June 7, the 2025 Chongqing International Auto Exhibition opened, with European media traveling to China to attend the event and visit Chinese automotive giant Changan Automobile.

European media saw Changan’s latest models and technologies at the Auto Chongqing 2025, visited Intelligent Digital Factory of Changan and its global R&D center.

In the final assembly workshop, European visitors were impressed by the robotic precision of Changan’s production line. Polish influencer Grzegorz Konieczny praised the factory’s high level of automation, while during the highly anticipated test drive session, Italian vlogger Michele Ponte found the models comfortable and believed the larger one would appeal to the U.S. market.

European media explored Changan’s latest models and automotive technologies respectively at the global R&D center and Changan’s laboratories.

In addition to the factory tour and test drive activities, the European media also had face-to-face discussions with Chairman, ChangAn Automobile, Zhu Huarong, two Executive Vice Presidents — Li Mingcai, and Wang Xiaofei and Vice President Klaus Zyciora.

During the discussion, Zhu addressed that Changan have always held deep respect for the European market and there are many brands which are all excellent peers that Chinese automakers, including Changan, look up to. To him, Europe is the most important market right now.

Changan is accelerating its European roadmap. Zhu outlined the company’s three-pronged strategy for 2025: product strategy and expansion targets.

Zhu emphasized that Changan will focus on a selective product strategy, prioritizing a few high-volume models: the CHANGAN DEEPAL S07 and S05 in 2025. The company will start in Norway, expand to key European markets, and aims to enter 10 countries with nearly 200 dealers by year-end.

Li added that the company is not only focused on BEVs, but is also actively developing PHEVs to meet broader consumer demands across Europe. He confirmed that models will begin entering the European market in Q3 2025.

European media showed cautious optimism about Changan’s prospects. German journalist Walther Wuttke stressed the importance of dealer networks and persistence, noting Changan’s strong design and quality. Greek importer Aggelos Stefanopoulos called Chinese EVs like Changan game-changers, praising their comfort and alignment with European tastes. Michael Georgiadis, General Manager GOCAR.gr and GOCAR Magazine, highlighted Changan’s design, tech, and value, adding that European familiarity with Chinese tech builds trust.

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SOURCE iChongqing

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Polaris Solar Park will power more than 23,000 homes with clean, renewable energy and deliver millions in tax revenues

DETROIT, June 11, 2025 /PRNewswire/ — DTE Energy (NYSE: DTE), Michigan’s largest producer of and investor in renewable energy, announced at a ribbon-cutting ceremony today that it has completed construction on its Polaris Solar Park. Located in Washington and North Star Townships in Gratiot County, the 100-megawatt solar park will generate enough clean energy to power more than 23,000 homes when it comes online this summer.  

“DTE is committed to growing our portfolio of clean, Michigan-made renewable energy as part of our broader generation mix to support the evolving energy needs of our customers,” said Matt Paul, president and chief operating officer, DTE Electric. “This continues to be the most active period of renewable energy development in DTE’s history, which also enables us to partner with local communities to help drive economic development and improve the lives of residents in towns across Michigan.” 

Since 2009, DTE’s investments in renewable energy have created an estimated 20,000 jobs in Michigan. Polaris Solar will bring Gratiot County, Washington Township and North Star Township significant added tax revenue over the life of the project, which can be used by the local communities and county for roads, first responders, libraries and other vital community services. This is in addition to the $42 million in tax revenue driven by DTE’s three existing wind parks in Gratiot County.  

“Polaris Solar is a significant investment in Gratiot County, a project that will benefit police departments, county parks, and local government entities throughout our local communities,” said Jim Wheeler, President of Greater Gratiot Development, a non-profit organization that promotes economic activity in Gratiot County. “Where some counties are looking at cutbacks, we haven’t had to do that. Here, renewable energy helps improve the overall quality of life for the county and the people who live in it.” 

Polaris Solar is DTE’s third new solar park connecting to the electric grid in 2025, with five additional parks under construction and funded through DTE’s voluntary CleanVision MIGreenPower, Michigan’s largest community solar program. Customer enrollments in MIGreenPower are also helping to fuel DTE’s progress toward its goal of achieving net zero carbon emissions and reaching Michigan’s renewable energy standard of 60% by 2035. 

In 2025, DTE will generate enough clean energy from wind and solar projects to power more than 800,000 homes in Michigan and plans to power the equivalent of nearly 6 million homes with renewable energy by 2042. The company’s MIGreenPower program has enrolled nearly 100,000 residential and 1,200 business customers. 

About DTE Energy 

DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.3 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers across Michigan. The DTE portfolio also includes energy businesses focused on custom energy solutions, renewable energy generation, and energy marketing and trading. DTE has continued to accelerate its carbon reduction goals to meet aggressive targets and is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy, emission reductions and economic progress. Information about DTE is available at dteenergy.com, empoweringmichigan.com, x.com/dte_energy and facebook.com/dteenergy.   

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SOURCE DTE Energy

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–Powerful new tool also delivers frictionless website messaging

CAMBRIDGE, Mass., June 11, 2025 /PRNewswire/ — In a digital world in which whistleblowers face growing threats–and web forms often go unread– the Public Interest Tech Lab today unveiled MyPrivacyPolls —a new free tool that puts anonymity, accountability, and responsiveness within reach of everyone.

Two Challenges. One Breakthrough Solution.

PROBLEM #1: Whistleblowers Need Protection.
As government shifts accelerate, and tech companies tighten their grip on transparency, insiders are more crucial—and more vulnerable—than ever. Fear of exposure prevents vital information from reaching the public. Meanwhile, journalists struggle to shield their sources in an increasingly hostile landscape.

PROBLEM #2: Website Form Responses Are Ignored.
Too often, web and app developers rely on feedback or incident forms that go unchecked—requiring someone to manually log in and look for submissions. Critical messages get lost, ignored, or delayed.

Enter MyPrivacyPolls —Private by Design, Powerful by Nature.

This patent-pending, privacy-first platform is purpose-built to guarantee anonymity. Unlike traditional survey or contact tools, MyPrivacyPolls Gray cannot track, store, or re-identify respondents—not even at the system level.

With its carefully designed forward-only submission model, user responses are sent directly to a provided email address, bypassing all storage or logging. No accounts. No tracking. No digital trail.

Whether a staff member is blowing the whistle, filing an incident report, or just leaving a message on a website, MyPrivacyPolls Gray ensures that the person’s voice is heard—securely and immediately.

“In an age where data privacy is too often treated as an afterthought, MyPrivacyPolls puts it front and center—empowering people to speak up without fear,” said Latanya Sweeney, founder of the Public Interest Tech Lab and a pioneer in data privacy. “This tool ensures that the public can benefit from the courage of whistleblowers and the accountability their voices bring.”

Key Use Cases:

• Anonymous whistleblowing and misconduct reporting
• Journalist-source communications
• Secure contact forms for websites
• Feedback tools for universities, workplaces, and public institutions
• Privacy-conscious community engagement

Available Now at myprivacypolls.com 

The “Gray level” of myprivacypolls.com is available to the public now. The Gray level provides an entry-level platform that gives people the ability to submit information anonymously—without creating an account, revealing their identity, or leaking digital copies—making it ideal for whistleblowing, incident reporting, and secure website contact forms.

Because MyPrivacyPolls is built to scale with a suite of privacy levels tailored for different needs, more levels are already in development . “Blue level,” for example, enables joint statistical analysis while protecting the privacy of individual contributors and is currently in beta testing with industry partners.

Backed by Privacy Leadership and Whistleblower Insight

MyPrivacyPolls was inspired by data privacy pioneer Latanya Sweeney and is the latest innovation from the Tech Lab that brought over 20,000 leaked Meta documents—shared by whistleblower Frances Haugen—to the public via fbarchive.org.

“Whistleblowers take enormous personal risks to bring truth to light, and the tools they rely on should be built with that reality in mind,” said Frances Haugen, Facebook Whistleblower and Tech Accountability Advocate.

MyPrivacyPolls also benefits from the guidance of Mark MacGann, the Uber Whistleblower, currently embedded in the Tech Lab as a Knight Fellow. MacGann brings firsthand insight into what insiders need to safely speak out and drive change.

“Together, we’re reimagining anonymous communication to serve the public interest — building a safer, more transparent digital future.” said Mark MacGann, Knight fellow, the Public Interest Tech Lab.

About the Public Interest Tech Lab

The Public Interest Tech Lab addresses society’s greatest technology challenges and advances technology that serves democracy and civil society. The Lab also conducts real-time, data-driven research to improve public systems, increase accountability, and strengthen participation in democratic institutions. For more information, visit: techlab.org

Media Contact:
Max Boland
Public Interest Tech Lab
[email protected] Tel 617-998-1726

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SOURCE Tech Lab, Harvard University

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LONDON, June 11, 2025 /PRNewswire/ — European bakery manufacturer Baker & Baker has partnered with NTT DATA Business Solutions to bring its business together on a single digital platform, consolidating multiple SAP ECC systems into a unified, cloud-based SAP S/4HANA environment. The transformation will be delivered through RISE with SAP and supported by the NTT DATA Business Solutions Zero Cost Move programme.

The primary goal of this transformation is to consolidate the company’s systems into one harmonised instance of SAP S/4HANA, providing a single source of truth across the business and laying the foundation for future growth and agility. “This is a transformative step that brings our business together,” said Paul Jones, Chief Financial Officer, Baker & Baker. “By moving to one global instance of SAP S/4HANA, we’re creating a unified digital platform that enables better decision-making, improves collaboration across markets, and positions us for long-term growth. NTT DATA Business Solutions demonstrated a strong track record in S/4HANA migrations, deep SAP expertise, and a compelling Zero Cost Move offer that made them the ideal partner for our journey.”

Baker & Baker’s move to SAP S/4HANA will consolidate four separate SAP ECC systems into a single cloud environment, hosted on Microsoft Azure. This move will deliver real-time visibility, standardised processes, and an integrated operational model across the business.  The new global system will be rolled out across 19 locations in 10 countries (UK, Portugal, Spain, Italy, Belgium, France, Germany, Denmark, Austria and the Netherlands).

Delivered through a RISE with SAP subscription, the new platform bundles software, infrastructure, and services into one simplified contract, supporting Baker & Baker’s ambition to streamline its European manufacturing and distribution operations. Instead of allocating budget solely to technical migration, Baker & Baker is leveraging the Zero Cost Move offer to invest in high-value services. This includes using NTT DATA’s Natuvion DCS platform for selective data transfers, automated testing with Tricentis through NTT DATA’s Value Acceleration Team, and Baker & Baker will explore the potential of AI across the business to drive operational efficiency.

“Baker & Baker’s consolidation strategy is bold, decisive, and aligned to real business outcomes,” said Richard Stokes, Senior Account Manager, NTT DATA Business Solutions. “By consolidating onto a single S/4HANA instance, Baker & Baker gains the visibility and control needed to operate smarter, faster and more effectively as one business.”

With a single SAP S/4HANA platform at its core, Baker & Baker is reinforcing its commitment to operational excellence, supply chain resilience and delivering a consistent, high-quality customer experience across Europe. The move marks a key milestone in the company’s digital roadmap, aligning IT with business strategy and future-proofing operations for years to come.

About Baker & Baker

Baker & Baker is a leading bakery products manufacturer, serving more than 30 markets across Europe and further afield including the Middle East and North Africa. With 12 manufacturing sites across 6 European countries, employing more than 2,500 people and with an annual turnover in excess of €600m, Baker & Baker is a key player in the bakery convenience segment.

About NTT DATA Business Solutions

NTT DATA Business Solutions is a leading global IT service provider focused on SAP with a powerful ecosystem of partners. With more than 35 years of in-depth experience, we enable companies worldwide to become Intelligent Enterprises. We deliver end-to-end solutions that accelerate sustainable growth and success – from strategic consulting and implementation to managed services and beyond. As a global strategic SAP partner, we drive innovation and leverage the latest technologies to support our customers individually and across all industries. Our more than 16,000 dedicated employees in over 30 countries work passionately every day to make it happen.

NTT DATA Business Solutions is part of NTT DATA, a $30+ billion trusted global innovator of business and technology services headquartered in Tokyo. As One NTT DATA we serve 75% of the Fortune Global 100 and are committed to helping customers innovate, optimize and transform for long-term success. NTT DATA is part of NTT Group.

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SHANGHAI, June 11, 2025 /PRNewswire/ — On June 11, 2025, at SNEC 2025, Hithium, a leading global energy storage technology company, held a product safety technology sharing event themed “Leading the Future, Forged for Safety”, and announced the successful mass production of the world’s first kAh battery cell—∞Cell 1175Ah—at its Chongqing manufacturing base. This marks the beginning of a new phase, where long-duration energy storage enters scaled deployment.

Overcoming Core Technical Barriers to Achieve First kAh Battery Cell Mass Production

Hithium accurately foresaw the arrival of the long-duration energy storage era and made investments in the R&D and manufacturing of kAh battery cells as early as 2022. Faced with unprecedented challenges in size, process complexity, and quality control, Hithium has realized five key innovations across the entire manufacturing chain in the Chongqing manufacturing base:

• Breakthrough in wide-width thick coating precision: Achieved a coating mass density COV of less than 0.2%, with online inspection through high-precision CCD cameras, ensuring consistent and stable product quality.
• Enhanced efficiency in large-electrode stacking: Reached 0.5mm alignment accuracy and 0.1625 seconds per sheet, increasing stacking throughput by 35% compared to conventional processes.
• Original cell structure design: Introduced a proprietary “integrated 3D airflow top cover” structure; dedicated automation equipment ensures manufacturing stability and structural strength of large-size components—breaking industry bottlenecks.
• Improved back-end cell manufacturing efficiency: Developed high-efficiency baking, 1.2MPa high-pressure isostatic electrolyte filling, and high-rate formation and grading processes, boosting back-end manufacturing efficiency by 45%.
• Greater consistency in cell wrapping: Introduced a highly compatible flexible lamination roller system to effectively solve industry-wide issues such as wrinkling and bubbling in ultra-large cell packaging.

Establishing a New Industry Standard for Full-Lifecycle Safety

As system energy density increases with larger-capacity designs, product safety remains the uncompromising foundation for deployment. During the event, Dr. Xiaoxiao Liu, Hithium’s product safety expert, presented that Hithium incorporates a multi-level safety architecture across the cell, module, and system levels to ensure full-lifecycle safety for large-capacity energy storage systems.

At the cell level, the cell adopts advanced electrolyte formulation to form high-temperature-resistant SEI and CEI layers, enhancing both safety and cycle life. At the Pack level, a dual-mode thermal protection structure prevents thermal propagation and oxygen ingress. At the BMS level, functional safety and cybersecurity are integrated via multimodal early warning algorithms and redundant control technologies to ensure stable and secure system operation. At the system, multi-layer fire-resistant and heat-insulating materials, a reinforced internal frame, and intelligent fire detection and suppression systems work together to maintain structural integrity and proactively prevent thermal runaway.

Backed by Authoritative Certifications, Accelerating Global Expansion

At SNEC 2025, Hithium’s ∞Cell 1175Ah received UL 1973 and UL 9540A certifications from UL Solutions, a globally recognized safety authority. These certifications confirm that ∞Cell 1175Ah meets global safety standards, laying a solid foundation for its entry into the North American market.

Hithium also signed a strategic cooperation agreement with El Mor, the leading EPC company in Israel, to launch Hithium’s first long-duration energy storage project in Romania, accelerating the development of the local long-duration energy storage market.

The successful mass production of the world’s first kAh battery cell is the latest demonstration of Hithium’s ability to break through industry bottlenecks in both R&D and manufacturing. As the world accelerates into the era of long-duration energy storage, ∞Cell 1175Ah is poised to become a new market benchmark. Ranked as a top 3 company in global energy storage battery shipment, Hithium continues to lead the industry as an innovation-driven value creator.

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SOURCE HiTHIUM

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CHICAGO, June 11, 2025 /PRNewswire/ — The Global Managed Services Market size is projected to be valued at USD 299.01 billion in 2023 and reach USD 731.08 billion by 2030, growing at a CAGR of 13.6% according to a new report by The Research Insights. Organizations benefit from managed services through reduced downtime and the elimination of duplicated work while gaining access to valuable services that include application testing and tailored service catalog development along with expert consultancy. Market expansion has been driven by the widespread use of various monitoring tools and infrastructure layers that specialized teams manage effectively.

The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Managed Services Market growth of 13.6% comprises a vast array of Solution, Managed Information Service (MIS), Deployment, Enterprise Size, End Use and Geography which are expected to register strength during the coming years.

For More Information and To Stay Updated on The Latest Developments in The Global Managed Services Market Share, Download FREE Sample Pages: https://www.theresearchinsights.com/request_sample?id=812

Market Overview and Growth Trajectory:

Managed Services Market Growth: According to an exhaustive report by The Research Insights, the Managed Services Market is experiencing significant growth. Technological advancements alongside evolving business models and increased security concerns are propelling the managed services market toward dynamic global expansion. Accelerated digital transformation across multiple industries creates a critical need for enterprises to turn to managed services for cloud infrastructure and data analytics along with application management to sustain their competitive edge and agility. Businesses now require expert support to optimize and secure their complex IT systems which has driven the increased demand for managed services due to the emergence of hybrid and multi-cloud environments. As cybersecurity threats continue to multiply organizations now prioritize digital defense by partnering with managed service providers (MSPs) who offer specialized security operations. The current trend of incorporating AI and automation into managed service offerings creates opportunities for predictive maintenance and intelligent monitoring while reducing operational expenses. Remote workforces and distributed teams require better communication tools which increases MSPs’ importance in delivering smooth digital operations. Edge computing and IoT technologies drive market demand since companies depend more on MSPs for scalable real-time data processing and infrastructure management.

The IT infrastructure complexity continues to grow which demands specialized expertise to manage it effectively:

The rapid pace of digital transformation across industries has resulted in increased complexity for enterprise IT environments. Enterprises implement hybrid cloud setups along with IoT device integration and edge computing solutions while managing diverse cybersecurity tiers. Effective operation of this complex ecosystem includes continuous monitoring along with seamless interoperability and active threat management which require specialized expertise and resources.

Small and medium-sized enterprises find it operationally complex and financially demanding to establish and support internal teams for managing complex IT systems. The rising complexity of IT systems has pushed businesses toward managed services providers (MSPs) for specialized support in network management, cybersecurity, cloud services, and help desk functions. Managed services providers deliver scalable and affordable solutions with continuous monitoring and quick incident response which makes them essential in modern IT landscapes.

For Detailed Market Insights, Visit: https://www.theresearchinsights.com/reports/managed-services-market-812

Businesses show increasing demand for solutions that optimize costs while improving operational efficiency:

The main reason companies opt for managed services providers stems from their undeniable financial benefits. The expenses associated with sustaining an internal IT department knowledgeable in cloud computing, security, data analytics, and compliance reach prohibitive levels. Managed services convert capital spending into operational costs which lets businesses choose between subscription or pay-as-you-go payment models. Startups and mid-sized companies find financial flexibility appealing because it lets them access comprehensive IT services without incurring significant overhead expenses.

Managed Service Providers boost operational efficiency through process standardization and routine task automation while maintaining top performance and availability of IT systems. They enable companies to maintain their focus on essential competencies while making sure infrastructure remains optimal and up-to-date according to industry standards. Service-level agreements (SLAs) ensure reliable uptime and performance levels which makes outsourcing more attractive to enterprises.

The growing number of cyber threats demands organizations to adhere to strict regulatory standards:

Recent years have seen a dramatic increase in both the frequency and complexity of cyberattacks as well as their destructive consequences. Organizations confront ongoing security threats including ransomware and phishing attacks alongside advanced persistent threats that could cause major financial losses and damage to their reputation. Modern organizations face complex regulatory requirements from laws like GDPR and HIPAA and PCI-DSS which enforce strict data protection standards.

Within the managed services market Managed Security Services Providers (MSSPs) serve as crucial partners to organizations aiming to boost their security measures while maintaining regulatory compliance. MSSPs provide continuous security monitoring while also offering incident response capabilities and conducting vulnerability assessments alongside compliance audits. Organizations maintain a strong defense against cyber threats by implementing advanced technologies including Security Information and Event Management (SIEM), Endpoint Detection and Response (EDR), and threat intelligence platforms. Managed service providers’ capacity to deliver contemporary specialized knowledge within an ever-changing threat landscape creates strong demand for their services.

Stay Updated on The Latest Managed Services Market Trends: https://www.theresearchinsights.com/request_sample?id=812

Geographical Insights: 

North America has maintained its position as the largest market participant throughout history while holding a major market share above 32.0%. The North American managed services market is likely to experience growth between 2024 and 2030 because of the region’s robust technology sector combined with rising adoption rates of ERP and CRM solutions as well as cloud services.

The managed services market in the Asia Pacific region is expected to experience substantial growth with a projected Compound Annual Growth Rate of 14.6% throughout the period from 2024 to 2030. The region’s growth forecast relies on key players who plan to adopt cloud-based solutions while simultaneously investing more in data security. The market expansion will be fueled by rising spending as organizations implement cutting-edge technologies including cloud-based infrastructure and advanced software for business development. The managed services market in India and ASEAN countries will experience accelerated growth due to government digitalization focus combined with the expanding IT industry in these regions which will drive the overall industry forward.

Global Managed Services Market Segmentation and Geographical Insights:

• Based on Solution, the managed services market is divided into, Managed IT Infrastructure & Data Center, Managed Network, Managed Mobility, Managed Communication & Collaboration, Managed Information, Managed Security, and Managed Backup and Recovery. The managed data center segment-maintained market dominance throughout 2022 and secured more than 15% of the total market share. The market segment will experience notable expansion as cutting-edge technologies become part of current and upcoming corporate infrastructure systems.
• Based on Managed Information Service (MIS), the managed services market is divided into, Business Process Outsourcing (BPO), Business Support Systems, Project & Portfolio Management, and Others. Business process outsourcing (BPO) became the leading force in Management Information Systems (MIS) during 2022 when it took control of over 40% of the market share. Organizations can concentrate on their main strengths and boost their profits when they incorporate BPO into their strategic business plans.
• Based on Deployment, the managed services market is divided into, On-premises, and Hosted. The market was led by the on-premises deployment segment in 2022 which represented more than 64% of the market share. Businesses prefer this method because it removes internet connection requirements but permits software customization that meets their unique operational needs.
• Based on Enterprise Size, the managed services market is divided into, Small & Medium Enterprises (SMEs), and Large Enterprises. The large enterprises segment-maintained market dominance in 2022 with a substantial share exceeding 60%. The management and upkeep of substantial data requires significant effort from large enterprises both at their physical locations and remote sites.
• Based on End-Use, the managed services market is divided into, BFSI, Government, Healthcare, IT & Telecom, Manufacturing, Media & Entertainment, Retail, and Others. Financial institutions within the banking and insurance sector claim the highest market share exceeding 15% through end-use while they depend more on managed services to maintain their competitive edge.
• The Managed Services Market is segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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Key Players and Competitive Landscape:

The Global Managed Services Market is characterized by the presence of several major players, including:

• Accenture
• Atera Networks Ltd.
• ARYAKA NETWORKS, INC.
• AT&T Inc.
• BMC Software, Inc.
• Broadcom
• Cisco Systems, Inc.
• DXC Technology Company
• Fujitsu
• HCL Technologies Limited
• HP Development Company, L.P.
• International Business Machines Corporation
• Lenovo
• ScalePad Software Inc.
• Telefonaktiebolaget LM Ericsson

These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.

Global Managed Services Market Recent Developments and Innovations:

• In September 2024: During September 2024 TCS introduced Managed Detection and Response (MDR) and Secure Cloud Foundation as AI-powered cybersecurity solutions through their partnership with Google Cloud. The MDR service provided continuous threat detection and managed response capabilities along with Secure Cloud Foundation which focused on boosting cloud security and governance for hybrid systems. The two solutions use Google Cloud’s security tools to deliver proactive protection for enterprises.
• In September 2024: IBM and NTT DATA launched SimpliZCloud which delivers a fully managed cloud service for financial institutions utilizing IBM’s LinuxONE platform. The platform focused on optimizing infrastructure performance and reducing costs while facilitating AI/ML applications through a subscription model that promotes sustainable hybrid cloud use.
• In May 2024: DXC Technology and Dell established Enterprise Intelligence Services (EIS) through their partnership. The purpose of the service was to enhance managed services by integrating artificial intelligence capabilities with data analytics tools and cloud technology solutions. DXC Technology established its leadership in managed multi-cloud solutions through EIS’s multi-cloud strategy by enabling organizations to optimize operations and customer experiences while making better decisions.
• In January 2024: Through the acquisition of NaviSite Accenture seeks to enhance its managed services capabilities with an emphasis on application and infrastructure management. Through this acquisition Accenture will boost its capabilities to support US and Canadian clients who want to update their digital infrastructure with AI-based solutions along with cloud and data-driven strategies for digital transformation.

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Frequently Asked Questions (FAQs):

1. What is the forecasted market size of the Managed Services Market in 2030?
   ➢ The forecasted market size of the Managed Services Market is USD 731.08 billion in 2030.
2. Who are the leading players in the Managed Services Market?
   ➢ The key players in the Managed Services Market include, Accenture; Atera Networks Ltd.; ARYAKA NETWORKS, INC.; AT&T Inc.; BMC Software, Inc.; Broadcom; Cisco Systems, Inc.; DXC Technology Company; Fujitsu; HCL Technologies Limited; HP Development Company, L.P.; International Business Machines Corporation; Lenovo; ScalePad Software Inc.; and Telefonaktiebolaget LM Ericsson.
3. What are the major drivers for the Managed Services Market?
   ➢ Several key factors are driving this expansion, including the rapid digital transformation across industries boosts reliance on third-party IT expertise and support.
4. Which is the largest region during the forecasted period in the Managed Services Market?
   ➢ North America has maintained its position as the largest market participant throughout history while holding a major market share above 32.0%.
5. Which is the largest segment, by End Use, during the forecasted period in the Managed Services Market?
   ➢ Financial institutions within the banking and insurance sector claim the highest market share exceeding 15% through end-use while they depend more on managed services to maintain their competitive edge.

Conclusion:

The Global Managed Services Market experiences swift changes due to the expanding demand for operational efficiency together with scalable IT infrastructure and proactive cybersecurity solutions in various industries. Managed service providers (MSPs) remain essential in offering flexible and affordable specialized IT support as businesses move towards cloud computing and remote work along with their digital transformation efforts. A lack of internal technical knowledge forces organizations to outsource network management, data protection, and infrastructure monitoring services. Through AI analytics and automated systems service delivery improves because they provide predictive maintenance capabilities together with instant issue resolution and better decision-making processes. Hybrid and multi-cloud environments demand powerful managed services that maintain compliance while delivering agility and performance. The future will see increasing demand for managed services that provide customization, security focus, and outcome-based solutions which will parallel market trends in digital resilience and business continuity planning.

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The report from The Research Insights, therefore, provides several stakeholders—IT service providers, telecom operators, cloud service vendors, enterprises (SMEs and large corporations), government agencies, and end-users across various industries such as BFSI, healthcare, and manufacturing—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities.

With projected growth to US$ 731.08 billion by 2030, the Global Managed Services Market represents a significant opportunity for cybersecurity firms, AI and automation technology developers, edge computing startups, remote work solution providers, and digital transformation consultants, can position themselves for success in this dynamic and evolving market landscape.

Check out more related studies published by The Research Insights:

• U.S. Managed Services Market – The US Managed Services Market size was estimated at USD 88.13 billion in 2024, with a promising growth trajectory. At a compound annual growth rate (CAGR) of 13.0% from 2024 to 2030, it is poised for significant expansion. Notably, the US accounted for 26.5% of the global managed services market share. As organizations in the US strive for operational efficiency and agility, they are increasingly adopting high-level business transformation initiatives. This involves leveraging managed services as a key component to enhance service levels, alleviate operational burdens, and foster proactive monitoring of resources.
• Telecom Managed Services Market: The Global Telecom Managed Services Market is expected to reach at USD 55.29 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 13.4% during the forecast period, driven by the integration of cutting-edge technologies such as AI-driven automation has further fuelled this growth, thereby enhanced service quality while streamlined operational complexities.
• Cloud Managed Services Market: The Global Cloud Managed Services Market is expected to reach at USD 305.16 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 14.7% during the forecast period. One major driver is the increasing adoption of cloud computing among organizations across various industries.

Browse More related reports on Technology Industry Market Reports – https://www.theresearchinsights.com/categories/technology

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FBI warns of rise in hiring fraud. Glider AI neutralizes the threat.

CUPERTINO, Calif., June 11, 2025 /PRNewswire/ — Glider AI, the leader in AI-powered hiring and fraud prevention technology, today announced the launch of ID Verify, a secure identity verification product purpose-built to protect enterprises from rapidly growing and increasingly sophisticated hiring fraud.

Candidate fraud has evolved beyond resume inflation and false credentials. Today, bad actors are weaponizing deepfakes, synthetic identities, and AI-generated personas to infiltrate hiring pipelines and gain access to sensitive systems. Glider AI’s own research found a 92% increase in candidate fraud compared to pre-pandemic levels—an inflection point that exposed the growing vulnerability of digital hiring practices. Further, with the advent of Gen AI solutions in the hands of candidates made impersonation and cheating worse.

Glider AI customer, Nimitt Sharma, SVP of Growth and Strategy at Pyramid Consulting, shares, “With candidate fraud growing and becoming more sophisticated, our clients rely on us to deliver talent that’s not just skilled but genuine. Cutting edge tools like ID Verify can help mitigate some of that risk and provide added assurance. We can go beyond the resume, validating identity and the integrity of documents, before any placement is made.”

One high-profile incident involved a Fortune 500 company targeted by North Korean operatives posing as remote software developers. Glider AI’s ID Verify capability in tandem with its AI Proctoring technology, flagged the deception before onboarding. The case was escalated to federal authorities, where the FBI leveraged the Glider AI solution to support investigations and preempt future breaches.

“Candidate fraud is no longer just a compliance issue—it’s a security crisis,” said Satish Kumar, CEO of Glider AI. “Foreign adversaries are exploiting the hiring process to gain access to proprietary data and infrastructure. We built ID Verify to close this backdoor before it opens. We catch what others miss, whether it’s a fake ID, or a deepfake in a video interview.”

Unlike conventional ID verification and background check tools, Glider AI ID Verify takes a proactive approach to fraud prevention—before, during, and after the interview process. Fully integrated into the Glider AI hiring platform and fortified with the industry’s most advanced AI Proctoring engine, Glider AI not only confirms skills, but also delivers confidence of identity  and integrity. It’s uniquely capable of:

• Detecting Deepfakes & AI Personas: Facial recognition and liveness checks flag impersonation attempts.
• Flagging Unauthorized AI-Assistance: Real-time monitoring catches cheating attempts and use of AI during the interview process.
• Confirming Identity from Interview to Day 1: Verifies that the job applicant is the same candidate throughout.
• Authenticating Global Documents: Validates hundreds of picture ID types from 150+ countries in multiple languages.

ID Verify safeguards Glider AI customers using assessments and interviews from fraud, delivering unmatched security, speed, and scale—without compromising the candidate experience.

About Glider AI

Glider AI is the enterprise-grade platform for skills validation, fraud prevention, and identity verification. Trusted by Fortune 500 companies, MSPs, global staffing firms, and federal contractors, Glider AI ensures every hire is real, job-ready, and secure. Learn more at www.glider.ai.

Media Contact:
Joseph Cole
[email protected]

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SOURCE Glider AI

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SAN DIEGO, June 11, 2025 /PRNewswire/ — Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of UroGen Pharma Ltd. (NASDAQ: URGN) securities between July 27, 2023 and May 15, 2025, inclusive (the “Class Period”), have until Monday, July 28, 2025 to seek appointment as lead plaintiff of the UroGen class action lawsuit.  Captioned Cockrell v. UroGen Pharma Ltd., 25-cv-06088 (D.N.J.), the UroGen class action lawsuit charges UroGen and certain of UroGen’s top current and former executives with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the UroGen class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-urogen-pharma-ltd-class-action-lawsuit-urgn.html

You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].

CASE ALLEGATIONS: UroGen engages in the development and commercialization of solutions for specialty cancers.  According to the complaint, UroGen’s lead pipeline product is UGN-102 (mitomycin), an intravesical solution intended to treat low-grade intermediate risk non-muscle invasive bladder cancer.

The UroGen class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) UroGen’s ENVISION clinical study for UGN-102 was not designed to demonstrate substantial evidence of effectiveness of UGN-102 because it lacked a concurrent control arm; (ii) as a result, UroGen would have difficulty demonstrating that the duration of response endpoint was attributable to UGN-102; (iii) UroGen failed to heed the U.S. Food and Drug Administration’s (“FDA”) warnings about the study design used to support a new drug application (“NDA”) for UGN-102; and (iv) as a result, there was a substantial risk that the NDA for UGN-102 would not be approved.

The UroGen class action lawsuit further alleges that on May 16, 2025, the FDA published a briefing document in advance of its Oncologic Drugs Advisory Committee meeting regarding UroGen’s NDA for UGN-102, which stated that “[g]iven that ENVISION lacked a concurrent control arm, the primary endpoints of complete response (CR) and duration of response (DOR) are difficult to interpret,” and that the FDA had “recommended a randomized trial design to the Applicant several times during their product’s development due to concerns with interpreting efficacy results” but UroGen “chose not to conduct a randomized trial with a design and endpoints that the FDA considered appropriate.”  On this news, the price of UroGen stock fell nearly 26%, according to the complaint.

Then, on May 21, 2025, the UroGen class action lawsuit further alleges that the Oncologic Drugs Advisory Committee voted against approving the UGN-102 NDA, finding that the overall benefit-risk of the investigation therapy UGN-102 is not favorable in patients with recurrent low-grade, intermediate-risk non-muscle invasive bladder cancer.  On this news, the price of UroGen stock fell nearly 45%, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired UroGen securities during the Class Period to seek appointment as lead plaintiff in the UroGen class action lawsuit.  A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class.  A lead plaintiff acts on behalf of all other class members in directing the UroGen class action lawsuit.  The lead plaintiff can select a law firm of its choice to litigate the UroGen class action lawsuit.  An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the UroGen class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder litigation.  Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors.  In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS.  With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig.  Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes. 

Services may be performed by attorneys in any of our offices. 

Contact:

            Robbins Geller Rudman & Dowd LLP

            J.C. Sanchez, Jennifer N. Caringal

            655 W. Broadway, Suite 1900, San Diego, CA 92101

            800-449-4900

            [email protected] 

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SOURCE Robbins Geller Rudman & Dowd LLP

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