Rimini Street, Inc. (Nasdaq: RMNI), a global enterprise software support and services provider, experienced a downturn in its financial performance for the fiscal second quarter ending June 30, 2024. The company's total revenue dropped to $103.1 million, representing a 3.1% decline from the
The discussion around the relevance and sustainability of the SaaS (Software as a Service) business model has intensified with rapid advancements in AI (Artificial Intelligence). Notable companies like Salesforce, Workday, NetSuite, and ServiceNow are at the forefront of this transformative wave.
ZenaTech, Inc. (Nasdaq: ZENA), an innovative player in the AI drone solutions and enterprise SaaS sectors, is set to begin trading on the Nasdaq Capital Market starting October 1st, 2024, under the ticker symbol ‘ZENA.’ This significant milestone marks an important step forward in ZenaTech's st
The growing prevalence of Software as a Service (SaaS) applications has fundamentally transformed the operational landscape for many businesses, including small to medium-sized enterprises (SMEs). According to Thales’ 2023 Cloud Security Study, companies deploy an average of 97 SaaS apps, u
Enterprise Resource Planning (ERP) systems play a pivotal role in the operational backbone of organizations. However, unlike their more agile counterparts in customer-facing applications, ERP systems have notably lagged in embracing modern cloud solutions. This article delves into the underlying
A growing number of software startups are grappling with sluggish growth as the market becomes increasingly saturated and competition stiffens. Companies such as Carta, which had once thrived on high valuations and rapid revenue growth, are now experiencing a significant deceleration in their
