Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Fintech PR

Precisely Acquires DTS Software, Adding Mainframe Storage Optimization Software to Data Integrity Portfolio

Published

on

precisely-acquires-dts-software,-adding-mainframe-storage-optimization-software-to-data-integrity-portfolio

Acquisition combines decades of mainframe expertise to provide enterprises with enhanced value and greater efficiency

BURLINGTON, Mass., March 31, 2025 /PRNewswire/ — Precisely, a global data integrity provider, announced today the acquisition of DTS Software, a global mainframe storage optimization software provider. This acquisition underscores Precisely’s commitment to delivering innovative, end-to-end solutions for optimizing the integrity and value of enterprise data, whether it resides in cloud, on-premises, or hybrid environments.

“The addition of DTS Software to Precisely is a strategic step in expanding our mainframe optimization offerings and expertise,” said Josh Rogers, CEO, Precisely. “This acquisition reinforces our commitment to providing complete solutions that ensure data integrity across every stage of an organization’s data journey. DTS’s technologies are a natural fit with our IBM mainframe solutions that enable enterprises to drive new levels of efficiency while meeting the demands of data-driven decision-making.”

DTS has established itself as a trusted innovator in mainframe storage management, providing organizations with tools to manage, automate, and optimize their data storage infrastructures. The company’s solutions are used by large global enterprises across a wide range of industries, including insurance, banking, financial services, and retail, to maximize storage performance and optimize operational efficiencies.

“Joining Precisely opens an exciting new chapter for DTS,” said Mati Szeszkowski, Founder & CEO, Norland Capital and DTS Software investor. “We are united by a shared commitment to empowering enterprises with tools that simplify the complexities of managing data. For the thousands of leading enterprises that run on mainframes, this means providing highly differentiated solutions for efficiently navigating the challenges of rapid data growth and evolving infrastructure requirements.”

According to a 2024 Forrester report, “among global infrastructure hardware decision-makers, 61% said that their firm uses a mainframe. Of those that use mainframes, 54% indicated that their organization would increase its use of a mainframe over the next two years.”

Precisely has decades of experience in mainframe system optimization and leads the market with solutions that enable teams to access and integrate complex mainframe data into modern data platforms and IT systems. The addition of DTS Software’s storage management products to Precisely’s already robust portfolio offers even more to organizations who rely on the mainframe for critical business systems. 

To learn more about Precisely, please visit www.precisely.com.

About Precisely 

As a global data integrity provider, Precisely ensures that your data is accurate, consistent, and contextual. Our portfolio, including the Precisely Data Integrity Suite, helps integrate your data, improve data quality, govern data usage, geocode and analyze location data, and enrich with complementary datasets for confident business decisions. Over 12,000 organizations in more than 100 countries, including 93 of the Fortune 100, trust Precisely software, data, and strategy services to power AI, automation, and analytics initiatives. Learn more at www.precisely.com

Advertisement

Logo – https://mma.prnewswire.com/media/2408758/4723207/Precisely_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/precisely-acquires-dts-software-adding-mainframe-storage-optimization-software-to-data-integrity-portfolio-302415499.html

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fintech PR

J.S. Held Celebrates Growing Expertise in Service to an Expanded Client Base

Published

on

js.-held-celebrates-growing-expertise-in-service-to-an-expanded-client-base

JERICHO, N.Y., April 8, 2025 /PRNewswire/ — Global consulting firm J.S. Held elevates hundreds of team members across multiple geographies and areas of expertise. “These team members exemplify our core values and commitment to delivering unrivaled expertise, unparalleled client service, and to be catalysts for change in our industry,” shares Marjan Panah, J.S. Held Chief People Officer.

Concurrently, J.S. Held recognizes the work of more than 1500 experts who serve as trusted advisors to organizations across six continents, working with: 

84% of the Global 200 Law Firms

75% of the Forbes Top 20 Insurance Companies

90% of the NAIC Top 50 Property & Casualty Insurers

71% of FORTUNE 100 Companies

Chief Executive Officer Lee Spirer acknowledges, “J.S. Held was founded on the principle of being a trusted advisor, known for objective and insightful perspectives and ensuring clients are in a position to make well-informed decisions.”

Technical and scientific experts are trusted advisors to organizations facing high-stakes situations requiring specialized expertise. J.S. Held experts in construction; environmental, health, and safety; architecture & engineering; accident reconstruction; human factors & user research; equipment, materials analysis, and lab testing; and property & infrastructure damage provide a comprehensive suite of services that enable clients to navigate complex, contentious, and often catastrophic situations across the globe.

J.S. Held experts deliver financial & investigative expertise across all assets and value at risk – uncovering the truth behind the numbers in insurance claims & financial disputes, quantifying economic damages, bringing clarity to tangible and intangible asset valuation, conducting investigations, advising on corporate governance & regulatory compliance, and providing enterprise risk management solutions.

J.S. Held’s strategic advisory experts help clients overcome complex enterprise challenges and realize long-term, sustainable business value through actionable & timely business intelligence; operational performance improvement; interim management; capital raising; turnaround & restructuring; IP portfolio valuation, monetization, and management; transaction advisory; investor services, dispute advisory, and by addressing the triple bottom line – people, profit, and planet – throughout their sustainability/ESG journey.

Advertisement

The firm’s digital & data experts work with businesses, insurance professionals, and legal counsel to identify and mitigate risk, build resiliency, protect information, manage compliance, realize business value from their data and digital assets, process and analyze large volumes of information, conduct digital investigations, respond to cyber incidents, navigate litigation, and achieve successful digital transformation outcomes.

“From every corner of our business, agile, collaborative, creative, and client-centric teams provide solution-forward advisory to clients across the globe, no matter the scope or complexity of a project, which is reflective of the trusted advisor role we have earned over the last 50 years,” adds Lee.

With a strong belief that client service and employee engagement are synonymous, J.S. Held remains committed to providing a first-class work environment and cultivating a sense of community among its team. J.S. Held recognizes the importance of expert development at all levels within the organization as central to delivering the best solutions for their clients. Marjan shares, “These promotions reflect our commitment to fostering a culture that values and rewards expertise, collaboration, and innovation.”

About J.S. Held

J.S. Held is a global consulting firm that combines technical, scientific, financial, and strategic expertise to advise clients seeking to realize value and mitigate risk. Our professionals serve as trusted advisors to organizations facing high stakes matters demanding urgent attention, staunch integrity, proven experience, clear-cut analysis, and an understanding of both tangible and intangible assets. The firm provides a comprehensive suite of services, products, and data that enable clients to navigate complex, contentious, and often catastrophic situations.

Verdantix, in their Green Quadrant: Enterprise Risk Management Consulting Services (2025) report, benchmarks 15 of the most prominent enterprise risk management (ERM) advisors, identifying global consulting firm J.S. Held among the leading companies based on capabilities and momentum.

J.S. Held, its affiliates and subsidiaries are not certified public accounting firm(s) and do not provide audit, attest, or any other public accounting services. J.S. Held, its affiliates and subsidiaries are not law firms and do not provide legal advice. Securities offered through PM Securities, LLC, d/b/a Phoenix IB, a part of J.S. Held, member FINRA/ SIPC, or Ocean Tomo Investment Group, LLC, a part of J.S. Held, member FINRA/ SIPC. All rights reserved.

Kristi L. Stathis | Global Public Relations | +1 786 833 4864 | Kristi.Stathis@jsheld.com 

Logo – https://mma.prnewswire.com/media/1824221/JS_Held_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/js-held-celebrates-growing-expertise-in-service-to-an-expanded-client-base-302423392.html

Advertisement
Continue Reading

Fintech PR

Swiss Life Asset Managers acquires a majority stake in Eliance

Published

on

swiss-life-asset-managers-acquires-a-majority-stake-in-eliance

MADRID, April 8, 2025 /PRNewswire/ — Eliance Group, a global leader in the provision of specialized aviation services, has announced that Swiss Life Asset Managers has acquired a significant majority stake in the company through its Swiss Life Global Infrastructure Opportunities Growth II fund. The current shareholder, RiverRock, will continue as a minority investor in the company’s capital, retaining its commitment to Eliance’s growth.

This strategic move strengthens Eliance’s financial capacity to expand in the key markets of Spain, Italy and Croatia by providing capital for growth and consolidating its current leadership position in sectors such as firefighting, medical transport and rescue operations.

Since its foundation in 1958 in Madrid, Eliance has evolved from a provider focused on firefighting to a leading player in the emergency air services sector, with an integrated business model and European presence. The company has a varied fleet of fixed and rotary wing aircraft and stands out as one of only two companies accredited for Airbus maintenance in Spain.

Eliance’s success is also based on its remarkable track record of international expansion and winning government contracts. Recently, the firm has expanded its global presence by acquiring Italian operator EliFriulia and starting operations in Croatia to meet the growing demand for helicopter emergency medical services in these geographic areas.

Matthew Dooley, Director Value-Add Infrastructure, Swiss Life Asset Managers, said, “AES’s business model is characterized by its core nature, strong cash flow stability and asset weight. These are all key characteristics of the infrastructure we seek as part of our value-added investment strategy. We are delighted to be working with the Eliance management team to continue to leverage the strong growth potential of the business.”

“We are excited to welcome Swiss Life Asset Managers as a new shareholder of Eliance. Their collaboration represents a significant milestone in our journey, which began in 2021, and has led Eliance to become a leader in air emergency services in Southern Europe. The strength and reach of Swiss Life Asset Managers further underscore Eliance’s appeal and the industry’s attractiveness to infrastructure investors. Their support will be instrumental in driving Eliance’s next phase of growth and enabling the company to play a key role in consolidating the European market,” commented Alessandro Graziano, Chief Investment Officer at RiverRock.

For their part, Juan Carlos Martínez, CEO of the group, and Fernando Gallardo, group CFO at Grupo Eliance, added that “Swiss Life Asset Managers’ investment in Grupo Eliance not only strengthens our financial framework, but also ensures the stability needed to drive our continued growth in an industry that increasingly requires significant investments. This strategic partnership positions us to enhance our profitability and continue our expansion.”

Lazard served as the sole financial advisor to Eliance during this transaction, contributing their expertise to secure an investment that supports Eliance’s operational sustainability and growth.

Media contact:
Blanca Ahijado
+34 635 577 750

View original content:https://www.prnewswire.co.uk/news-releases/swiss-life-asset-managers-acquires-a-majority-stake-in-eliance-302423527.html

Advertisement

Continue Reading

Fintech PR

OMRON and Cognizant Partner to Revolutionize Manufacturing with Unique One-Stop IT-OT Integration

Published

on

omron-and-cognizant-partner-to-revolutionize-manufacturing-with-unique-one-stop-it-ot-integration
  • Balancing economic and social value for the future of manufacturing through advanced technologies.
  • Promoting sustainable manufacturing by enhancing workforce efficiency, boosting productivity, and minimizing greenhouse gas emissions.
  • Empowering people through data-driven decision making with manufacturing intelligence, AI & automation and digitalization.

STUTTGART, Germany, April 8, 2025 /PRNewswire/ — OMRON Corporation (TSE:6645) and Cognizant (NASDAQ:CTSH) have signed a strategic partnership to integrate Information Technology (IT) and Operational Technology (OT) in the manufacturing industry. The collaboration includes Cognizant being chosen as the engineering partner for OMRON’s Industrial Automation Business (IAB) products.

OMRON, known for its advanced automation technology, and Cognizant, with expertise in IT-OT convergence, will offer a unique, one-stop solution for digital transformation. The partnership combines OMRON’s OT products, such as sensors, controllers, servo motors, safety equipment and robots, with Cognizant’s IT capabilities, including cloud, AI, IoT, and digital twin technologies.

Through this collaboration, the companies provide a distinctive capability to achieve flexible and agile operational excellence. This includes consultancy, on-site implementation, operation, and maintenance. Target sectors for the joint capability include Automotive, Semiconductor, Electronics, Industrial Manufacturing, Life Sciences and Consumer Goods industries.

Combining the capabilities of both companies, OMRON and Cognizant strive to establish a unique business model that addresses on-site and management issues through continuous IT-OT analysis and improvements. This IT-OT integration will leverage both companies’ strengths to help promote sustainable manufacturing, enhancing productivity, improving workforce efficiency and lowering greenhouse gas emissions.

OMRON’s broad product lineup (more than 200,000 SKUs) gathers high-quality field data for Cognizant’s Asset Performance Excellence (APEx) platform and its Industry 4.0/5.0 maturity assessment tool OnePlant™. This data, combined with management information, helps analyze IT-side issues and prioritize improvements from a management perspective. Results can be fed back via OMRON’s control application and the i-BELT data utilization service, working with customers to address on-site challenges linked to management issues in a comprehensive manner.

“OMRON is the only manufacturer of control equipment in the world that owns all the equipment used in the production line. Cognizant, on the other hand, is one of the world’s leading global IT services companies supporting the digital transformation of a wide range of industries with advanced digital technologies such as AI, IoT, and cloud,” said Junta Tsujinaga, CEO of OMRON Corporation. “Through this partnership, we will promote the integration of IT and OT to solve urgent issues faced by manufacturing sites, such as significantly improving productivity, reducing operational losses, and speeding up management decisions. The two companies will work together to promote sustainable cutting-edge manufacturing of the future.”

“Clients are looking for a Strategic Partner with deep industry and domain expertise, end to end capabilities and the ability to manage complex technologies at various layers of digital factory,” said Ravi Kumar S, CEO of Cognizant. “We are excited to partner with OMRON in taking integrated value propositions and capabilities to transform manufacturing for our clients globally. OMRON’s expertise in OT data and systems, combined with Cognizant’s digital manufacturing and IT/OT integration capabilities, will enable manufacturers to make quicker, more reliable decisions using real-time data. Together, we are committed to advancing manufacturing by leveraging emerging technologies and integrating IT and OT systems to realize a state of manufacturing in the future that is connected, intelligent, autonomous, sustainable, and resilient,” he added.

About OMRON Corporation 
OMRON Corporation, as a leading automation company with its unique “Sensing & Control + Think” technology at its core, is engaged in control equipment, healthcare, social systems, and electronic components. The company is also developing a data solution business that utilizes a wide variety of data acquired through these businesses. Founded in 1933, OMRON now employs approximately 28,000 people worldwide and provides products and services in more than 130 countries, contributing to the creation of a better society. For more information, https://www.omron.com/jp/ja/ please visit: OMRON Global

About Cognizant
Cognizant (Nasdaq-100: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we’re improving everyday life.
See how at www.cognizant.com or @cognizant.

For media inquiries, please contact:

OMRON: Global Corporate Communications and Engagement – Ankur Bhat, ankur.bhat@omron.com ; +81-75-344-7175

Advertisement

Cognizant: GlobalPR@cognizant.com

Photo – https://mma.prnewswire.com/media/2660124/Cognizant_and_OMRON_Partner_to_Revolutionize_Manufacturing.jpg
Logo – https://mma.prnewswire.com/media/2660123/Cognizant_x_Omron_Logo.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/omron-and-cognizant-partner-to-revolutionize-manufacturing-with-unique-one-stop-it-ot-integration-302423455.html

Continue Reading

Trending