BILLERICA, Mass., April 6, 2025 /PRNewswire/ — ClearBridge is proud to announce the expansion of its VMware by Broadcom practice through an enhanced partnership with Broadcom and the addition of more than 50 full-time VMware consultants, architects, project and practice managers, bringing the practice to over 100 resources. This growth further solidifies ClearBridge’s position as the #1 VMware by Broadcom delivery partner.

The expanded team significantly boosts ClearBridge’s capacity to deliver industry-leading virtualization and cloud solutions, while reinforcing its long-standing commitment to technical excellence and customer success. These seasoned professionals bring deep expertise and a proven track record of supporting complex enterprise VMware environments.

“As a trusted Broadcom partner, we remain focused on delivering exceptional VMware services that drive lasting value for our clients,” said Tim Powell, CEO & Co-Founder of ClearBridge. “Bringing in top-tier VMware talent further strengthens our ability to provide scalable IT solutions and accelerate VMware Cloud Foundation (VCF) adoption across our customer base.”

With this strategic growth, ClearBridge is uniquely positioned to support organizations leveraging VMware by Broadcom technologies—offering unmatched expertise and end-to-end support to help businesses navigate today’s dynamic IT landscape.

ClearBridge Technology Group is a national provider of technology consulting and staffing services. We help customers meet challenges with a comprehensive set of technology service offerings that include professional services support, custom project teams, program and project management, and business analysis and strategy. For more information, visit www.ClearBridgetech.com.

For more information about ClearBridge, please contact:
Dianne Shvanda – dshvanda@clearbridgetech.com

For more information about ClearBridge’s VMware practice, please contact:
Jesse Doherty – jdoherty@clearbridgetech.com

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SOURCE ClearBridge Technology Group

Group revenue increased by 13 percent in 2024.  Record investments totaling around EUR 490 million. Almost EUR 400 million in additional investments planned for 2025.Contract logistics grew by almost 720,000 additional pallet spaces.

HONG KONG, April 7, 2025 /PRNewswire/ — Global logistics provider Dachser grew significantly in 2024, with sales growth of 13 percent lifting revenue above the 8 billion mark to EUR 8.027 billion. The family-owned company also recorded significant year-over-year increases in other key figures such as headcount (+3,300), locations (+56), and pallet spaces in its warehouses (+720,000).

This growth is largely due to the acquisitions of DACHSER & FERCAM Italia, Frigoscandia, and Brummer, which will appear on the balance sheet for the first time in 2024. In purely organic terms, i.e., excluding acquisitions, Dachser grew by 4.7 percent compared to the previous year. This was driven by resilience in its European groupage network and rate increases in air and sea freight. Transported volumes rose by 7.6 percent to approximately 83.2 million shipments, while tonnage increased by 10.2 percent to some 44.1 million.

Business development would have been more dynamic, but there was a lack of growth impetus from Germany and Europe: “High costs, weak industrial production, and a decline in personal consumption have also had an impact on our business. Moreover, the many crises we face around the world today have been a constant stress test for our customers, and hence also for us,” says Burkhard Eling, Dachser CEO.

Investing during the crisis strengthens competitiveness

Dachser used its financial stability and strength to make significant investments. In 2024, the logistics provider doubled its year-over-year expenditure on company acquisitions, network locations, its workforce, digital innovation, and climate action, such as the expansion of e-mobility, to some EUR 490 million. Additional investments of almost EUR 400 million in Dachser’s network are planned for 2025. “Those who act during a downturn to invest wisely and consistently will enter the next upturn with the wind in their sails,” Eling says. “In the past, we’ve emerged stronger and more competitive from crises by following this countercyclical business policy. That will happen again this time around.”

Dachser’s workforce grew in 2024 by more than 3,300 people to a total of approximately 37,300. The number of locations increased by 56 to 433 worldwide. This also reflects the previous year’s acquisitions in Italy, Northern Europe, Germany, and Austria. The joint venture in Japan, which was launched in 2024, has also been included for the first time.

Business development in detail

Dachser’s Road Logistics business field—which comprises the transport and warehousing of industrial and consumer goods (European Logistics) and food (Food Logistics)—increased its revenue by 10.9 percent to EUR 6.4 billion in 2024.

The European Logistics business line increased its revenue by 8.1 percent to around EUR 4.8 billion. The number of shipments handled rose by 6.5 percent and tonnage by 2.8 percent. Developments at Dachser’s European business units were driven by high cost pressure in key industries, growing price sensitivity among customers, and intensified competition due to weak demand for transport and warehousing. “The fact that we were able to grow not only through acquisitions, but also organically in a stagnating market, illustrates the trust our customers place in the high reliability and quality of our network,” Eling says.

The Food Logistics business line has taken on a new European dimension thanks to the integration of Müller in 2023 and of Frigoscandia and Brummer in 2024. Revenue increased by exactly 20 percent to some EUR 1.7 billion, shipments grew by 14.3 percent to approximately 12.4 million, and tonnage rose by 31.5 percent to some 13.9 million metric tons. Eling says: “We’ve acquired companies that have successfully opened up business areas beyond fresh food logistics, that address additional customer segments and markets in Europe, and not least that have significant truck fleets of their own. All of this is part of our new strategic market positioning for Dachser Food Logistics.”

Revenue in the Air & Sea Logistics business field rose by exactly 22 percent to around EUR 1.6 billion in 2024. Here, Dachser benefited mainly from short-term special developments that caused freight rates in air and sea freight to rise. These include the crisis with capacity bottlenecks on the Red Sea and the e-commerce business between China and Europe.

Contract logistics, or the combination of transport, warehousing, and customer-specific value-added services, also played an important role in Dachser’s growth strategy in 2024. Expansion investments together with the capacity of the acquired companies increased the number of pallet spaces by around 720,000 to a total of 3.8 million. Dachser customers can now take advantage of warehouse services at 190 locations worldwide.

Eling expects 2025 to be another highly challenging year for logistics, with only limited growth stimulus from Europe. “We can see that economic performance in Europe is largely stagnating and is accompanied by capacity adjustments, some of them painful. This also means that we have to deal with transformation processes in key industries such as the automotive industry and energy-intensive sectors such as the chemical industry.” Moreover, there are increases in global uncertainties and the danger of economic slumps due to protectionism, the threat of tariffs and counter-tariffs, as well as geopolitical conflicts.

Against this backdrop, it’s important for Dachser to achieve growth outside Europe. “We will increasingly focus our attention on strengthening our presence in the Americas and Asia and connecting these markets with our unique competitive advantage: our European groupage network. Because the broader our global footprint, the greater our resilience,” Eling says.

Overview of revenue:

Further press releases from Dachser can be found here: https://www.dachser.com/en/mediaroom/index

In the DACHSER magazine, you will regularly find up-to-date reports, articles, and interviews on topics that concern us today and tomorrow: magazine.dachser.com

About Dachser

Dachser, a family-owned company headquartered in Kempten, Germany, provides transport logistics, warehousing, and customized services in two business fields: Dachser Air & Sea Logistics and Dachser Road Logistics. The latter consists of two business lines: Dachser European Logistics and Dachser Food Logistics. Comprehensive contract logistics services and industry-specific solutions round out the company’s range. A seamless shipping network—both in Europe and overseas—and fully integrated IT systems ensure intelligent logistics solutions worldwide.

Thanks to some 37,300 employees at 433 locations all over the globe, Dachser generated consolidated net revenue of approximately EUR 8 billion in 2024. The same year, the logistics provider handled a total of 83.2 million shipments with a tonnage of 44.1 million metric tons. Country organizations represent Dachser in 43 countries. For more information about Dachser, please visit dachser.com

In the DACHSER magazine, you will regularly find up-to-date reports, articles, and interviews on topics that concern us today and tomorrow: magazine.dachser.com

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SOURCE Dachser

HONG KONG, April 7, 2025 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, today announced the first-time inclusion of two of its EdgeOne capabilities: Data Boosting and Rate Limitation into the core Technical Specifications of 3GPP – the world’s largest global standards organization for mobile communications.

Since 2018, Tencent Cloud has actively participated in 3GPP standard setting and has led multiple global standard projects in fields such as multimedia network transmission, contributing hundreds of standard proposals in total. The inclusion of the two EdgeOne capabilities into the global standards also signifies that Tencent Cloud has reached a leading global level in the field of edge security acceleration.

Tencent Cloud EdgeOne is the first truly integrated edge security acceleration platform in China based on a new architecture. It provides comprehensive security protection, network and application performance acceleration, leading edge computing, and comprehensive monitoring and operational analysis capabilities.

The Data Boosting leverages Tencent Cloud’s edge nodes distributed across global availability zones, caching content on nodes closer to users. This minimizes issues such as network latency, connection errors, and network delays, helping users quickly enable network, page, and file optimization with one click, thereby handling service access requests in a faster, more stable, and secure manner.

After the Data Boosting solution was incorporated into the 3GPP core technical specifications TS 23.501/502/503, third-party applications and CDN acceleration nodes can make on-demand acceleration requests to the operator’s mobile network through standardized interfaces, meeting Quality of Service (QoS) requirements in real time, further reducing access latency and improving response speed.

Rate Limitation is used to distinguish normal client access from malicious access, maintaining site security by selecting appropriate statistical methods, limiting thresholds, and disposal methods. The inclusion of this capability in the 3GPP standards will encourage mobile network operators to provide information about internal speed limits, allowing third-party applications and Content Delivery Network (CDN) acceleration nodes to optimize relevant strategies, thereby reducing risks related to malicious resource usage, service abuse, and data leakage.

As mobile communication networks increasingly adopt cloud technologies, service architectures in the internet sector are gradually becoming essential infrastructure for mobile communication networks, and the integration of cloud and networks is accelerating globally.

In this context, Tencent Cloud EdgeOne continually refines its product by integrating research and development practices with industry development needs, garnering numerous authoritative certifications. Previously, EdgeOne has been recognized as a Representative Vendor in Gartner’s “Market Guide for DDoS Mitigation Solutions”, “Market Guide for Cloud Web Application and API Protection”, and “Market Guide for Edge Distribution Platforms”, and is named as a Major Player in the “IDC MarketScape: Worldwide Edge Delivery Service 2024 Vendor Assessment”.

Simultaneously, leveraging its leading technology capabilities, EdgeOne has been implemented in typical scenarios across multiple industries such as finance, gaming, social entertainment, and e-commerce retail, becoming the first choice for top global clients expanding overseas and entering China. For example, in the gaming sector, 87% of the top 30 gaming companies in China use EdgeOne to handle millions of concurrent downloads; among the top 10 revenue-generating gaming companies in Korea, EdgeOne solutions have an 80% adoption rate. EdgeOne’s global nodes, paired with its innovative architecture, help accelerate game server access by over 30%, increase download speeds by an average of 50%, and boost first-day engagement by 20%.

According to EdgeOne product team, the inclusion of Tencent Cloud EdgeOne’s two core capabilities in the world’s most authoritative communication standards not only promotes further integration of technologies like CDN and mobile communication networks with international standards but also fosters a healthy industry ecosystem among application service providers, operators, and end users. End-to-end performance optimization will significantly enhance user experience.

As the four major product segments—Edge Acceleration, Edge Security, Edge Media, and Edge Development—continue to mature, EdgeOne will leverage Tencent’s more than 20 years of deep expertise in network and audio & video technologies to offer more diverse technical solutions to global users, aiding more enterprises in achieving sustainable and high-quality development.

About Tencent Cloud:

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

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SOURCE Tencent Cloud