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OnPrintShop Wins Prestigious Pinnacle Award 2024 in Technology by PRINTING United Alliance

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OnPrintShop, the global leader in delivering web-to-print solutions, has bagged the Pinnacle Award 2024 for excellence in the category of Technology. Jury acclaims OnPrintShop’s W2P technology as the best sales enablement software for print service providers.

AHMEDABAD, India, July 12, 2024 /PRNewswire-PRWeb/ — The world-leading name in print innovation, OnPrintShop, has added a prestigious feather to its cap – the Pinnacle Technology Award 2024. The acclaimed w2p enabler for over 2000 businesses globally, has been named by PRINTING United Alliance for excellence in Technology.

The PRINTING United Pinnacle Awards is an ‘Alliance’ member exclusive platform where entries are accepted only from supplier members. The award led by a highly qualified jury dissects and evaluates the viability of printing products available in the market for the particular year. This year the platform received over 160 entries across 58 categories and Pinnacle named only 19 best-fit entries in the category of technology – of which OnPrintShop is a discerning name.

This win comes in the light of a magnanimous jury claim, which terms OnPrintShop as the most impactful sales enablement software for PSP’s. The acknowledgement also mentions OnPrintShop’ top rated web-to-print software consistently meeting and excelling at market demands, driving its clients to the brink of print commerce success.

Speaking about the win, Naresh Devra, VP of Product Development at OnPrintShop said, “Our goal is very simple – we help our clients make the best use of emerging technology to overcome the traditional and constantly evolving challenges of W2P. Since 2007, we have been devoted to advancing print innovation with a start-to-finish experience by constantly upscaling our solution. The Pinnacle Technology Award 2024 is the clear sign that we have been driving a visible impact.”

W2P technology partners for globally leading names, OnPrintShop releases periodic updates for its solution every six months to help its clients stay relevant. It’s recent v11.1 release boasts of features in B2B and B2C storefronts, configurable online designer, end-to-end order management, print estimators, 300+ ready-to-use integrations like leading MIS, workflow automation, CRMs, accounting software, payment and shipping gateways, web-to-print with vendor API to deliver highly personalized print services.

This print innovation enabler has emerged as a go-to-pro solution for PSPs, print packaging providers, resellers, trade printers, print franchises, marketing agencies etc. for driving strategic automation, streamlining print production, amplifying sales channels and offering customizations across a diverse range of high-profit segments.

VP Sales at OnPrintShop, Naimish Patel, quoted, “We are extremely delighted with this win. The Pinnacle Technology Award acknowledges is a double confirmation that we aren’t just successfully simplifying IT for the printing industry but making print operations highly nimble and profitable for our users. The jury has rightly applauded the candidness of our testimonials, every OnPrintShop user will vouch for our timely market-relevant updates, solution security and effectiveness in leveraging emerging technology for the best value of web-to-print.”

OnPrintShop is one name where tech evolution and solution upgradation are treated as the most crucial operational exercises. While the award-winning name is being lauded by Pinnacle Awards for its marvelous technology, v11 and the way its reshaping the print industry, OnPrintShop has already dropped another solution upgrade. Version 11.1 launched in May 2024, has further enhanced its most in-demand solutions to another level of supremacy. Making W2P seamless for the print industry is OnPrintShop’s most committed mission and clearly why its technology supremacy is ruling world acclaimed platforms now.

Media Contact

Naimish Patel, OnPrintShop, 1 718-715-1551, marketing@onprintshop.com, https://onprintshop.com/ 

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SOURCE OnPrintShop

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Saab Q1 results 2025: Growing in a dynamic market reality

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STOCKHOLM, April 25, 2025 /PRNewswire/ — Saab presents the results for January-March 2025.

“We had a solid start to the year with sales growth across all business areas and delivered Saab’s strongest first quarter to date. Fully committed to contributing to the European defence build-up, we will continue to develop in line with our growth plans and capture market opportunities by focusing on customer deliveries and investing in capacity to meet the high demand,” says Micael Johansson, President and CEO, Saab.

Key highlights Q1 2025

Order intake for the first quarter increased to SEK 19,144m (18,495), driven by small and medium-sized orders.Sales in the quarter amounted to SEK 15,792m (14,185), which corresponded to an organic sales growth of 11% (24).EBITDA increased to SEK 2,140m (1,819) with an EBITDA margin improvement to 13.6% (12.8) in the quarter.EBIT increased 22% and amounted to SEK 1,454m (1,191), corresponding to an EBIT margin of 9.2% (8.4).Net income increased to SEK 1,277m (784) and earnings per share amounted to SEK 2.35 (1.43), an increase of 64%.Operational cash flow improved and amounted to SEK -14m (-1,998), driven by strong cash flow in Dynamics, offset by increased investments and timing of customer payments.Net liquidity position at the end of the period was SEK 2,196m compared to SEK 2,211m at year-end 2024.The AGM 2025 decided on a dividend of SEK 2.00 (1.60) per share for the financial year 2024.

Presentation of Saab’s Q1 2025 results 

Saab’s CEO and President Micael Johansson and CFO Anna Wijkander will present the results.

Date: Friday 25 April at 10.00 a.m. (CEST)

You are welcome to watch the live webcast or dial in to the conference call. It is possible to submit questions over the conference call and from the webcast page.

Live webcast: www.saab.com/investors/webcast/q1-2025 

Registration for conference call: www.saab.com/investors/conference-call-q1

The interim report, presentation material and webcast will be published on www.saab.com/investors.

Contacts:
Mattias Rådström
Head of Media Relations 
+46 (0)734 180 018
presscentre@saabgroup.com

Merton Kaplan
Head of Investor Relations
+46 (0)734 182 071
merton.kaplan@saabgroup.com

Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 25,000 talented people, Saab constantly pushes the boundaries of technology to create a safer, more sustainable and more equitable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations.

The information is such that Saab AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, on 25 April 2025 at 07.30 (CEST).

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/saab/r/saab-q1-results-2025–growing-in-a-dynamic-market-reality,c4140232

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SOURCE Saab

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ASSA ABLOY acquires Door System in Denmark

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STOCKHOLM, April 25, 2025 /PRNewswire/ — ASSA ABLOY has signed an agreement to acquire Door System, a Danish manufacturer of high-quality fire rated doors with particular expertise in the pharmaceutical, food and retail industries.

“I am very pleased to welcome Door System to ASSA ABLOY. This acquisition delivers on our strategy to add complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY.

“I am delighted that Door System will join the EMEIA Division. Their strong expertise in high-quality fire rated doors aligns well to our door segment vision, providing exceptional combined fire-rated, freezer and hygienic door solutions across industries through focus on innovation and excellence. We welcome the team at Door System to the ASSA ABLOY family,” says Neil Vann, Executive Vice President of ASSA ABLOY and Head of EMEIA Division.

Door System was founded in 1998 and has some 80 employees. The main office and factory are located in Hørning, Denmark.  

Sales for 2024 amounted to about MDKK 125 (approx. MSEK 190) with a good EBIT margin. The acquisition will be accretive to EPS from the start.

The acquisition is subject to customary closing conditions and is expected to close during the second quarter of 2025.

For more information, please contact:

Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82
Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72
Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68, e-mail: bjorn.tibell@assaabloy.com 

About ASSA ABLOY
ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 63,000 employees and sales of SEK 150 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/assa-abloy/r/assa-abloy-acquires-door-system-in-denmark,c4140231

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Supporting Data+AI Integration: Tencent Cloud Big Data-Data Lake Compute (DLC) Achieves 70% Cost Reduction

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SHENZHEN, China, April 25, 2025 /PRNewswire/ — Under the Data+AI convergence trend, Lakehouse represents the core evolution direction for big data platforms. Tencent Cloud Big Data-Data Lake Compute (DLC) is an open, unified cloud-native Serverless Lakehouse data warehousing and analytics service. It features cloud-native storage-compute separation, lake format governance, deep optimizations for Iceberg, unified metadata management, and machine learning training support, enabling enterprises to build agile Data+AI Lakehouse platforms. DLC has helped a leading Southeast Asian retail conglomerate reduce data platform and machine learning costs by 70%.

Core Challenges

Separated Resources: Big data and AI required isolated infrastructure investments with no resource sharing.Data Movement Overheads: Data silos between Data and AI systems caused latency and additional costs.

DLC Solution

Tencent Cloud’s one-stop intelligent platform WeData, powered by Data Lake Compute (DLC), delivers an integrated DataOps+MLOps platform solution enabling:

Seamless Experience: Unified development for both data analytics and ML workflowsCost Efficiency: 70% cost reduction through shared compute resources for Data+AI workloadsAI Innovation Acceleration: Rapid deployment of GenAI applications via unified data governance

Key Features

Unified Engine: Supports data engineering and ML training (Scikit-Learn, PyTorch, TensorFlow)Meson Engine: Proprietary high-performance engine delivering 2x faster processing than open-source SparkDynamic Resource Allocation: Flexible resource groups for data engineering, interactive analytics, and ML tasks

Business Value

DLC integrates data engineering, SQL analytics, and machine learning into a unified platform with industry-leading cost-effectiveness. The solution has already enabled a Southeast Asian retail leader to achieve 70% TCO reduction across data and ML infrastructure.

#Tencent Cloud Big Data #Data Lake Compute

View original content:https://www.prnewswire.com/apac/news-releases/supporting-dataai-integration-tencent-cloud-big-data-data-lake-compute-dlc-achieves-70-cost-reduction-302438142.html

SOURCE Tencent Cloud

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